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Updated about 1 year ago,
Autumn Property Mgmt Bankruptcy
Received notice in mail yesterday that Autumn Property Management has filed bankruptcy.
We were contracted with her for less than 60 days after Strategy Properties dumped all their clients over to her without permission and no notice to clients. It took me some time to find another PM. So she only managed our properties for under 60 days but still owes us money.
We'll file the legal paperwork for the bankruptcy but likely pennies on the dollar will result, if at all.
Anyone in similar position? I know it was pretty popular with Real Wealth Network pushing Strategy Properties in Detroit. I understand Ali Boone has now partnered with Strategy Properties. IMHO, big mistake and will affect her reputation with her investors in the end just like it did RWN.
We finally have our Detroit properties running smoothly. Found a solid, no nonsense PM. Big and expensive lesson learned.