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Updated over 14 years ago, 08/07/2010

User Stats

1,234
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1,197
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Mike McKinzie
  • Investor
  • Westminster, CO
1,197
Votes |
1,234
Posts

Mishandling my money

Mike McKinzie
  • Investor
  • Westminster, CO
Posted

I just purchased 2 houses in Texas. They were with a property management company that I did not want to keep. So on June 2, I emailed them that I was changing property management companies but to please mail me any rent they had collected for June. Instead of sending me the rent, they returned the rent to the tenants. I believe this is mishandling of my money. Do you agree?

The original PM company deposited the rent checks and wrote new checks back to the tenants instead of to me.

I am thinking about reporting them to the Texas Real Estate Commission. Should I?

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