Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
"Property Manager" Dispute
So when I first acquired my property, I had a guy that I met that helped me get it rent ready. He offered to manage it, said he's been doing it for years, so I agreed. Soon after, he got a tenant who put 6k down and moved him in, that's when the issues arose. Apparently this so-called landlord was nothing more than a helper of the previous owner. He didn't have anything like a lease, office, or printer. Then he wanted me to supply all those things, so I told him I was going with another manager. He said okay, but I'm keeping the 10% of the rent I collected. So I was forced to have him manage for those five months the renter paid for, and towards the end of his term I found out he had collected about 2k more from the tenant! He is now dodging my calls and saying I never refuted the agreement on the lease, which I did but over a phone call when I fired him. I really don't want to get a lawyer as the money I would spend would truly make it less worth it. Anyone have experience taking someone to court for something like this? I have no experience with the legal process of small claims. Thanks!