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Updated about 1 year ago on . Most recent reply

User Stats

27
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20
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Lisa Martin
20
Votes |
27
Posts

Firing of property manager

Lisa Martin
Posted

Property manager for one of my properties failed to notify me that the tenant left with no notice.  It wasn't until rent was 2 months unpaid that I messaged to ask what was going on.  Long story short it took them a month to notify me of a vacancy and only told me after I asked.   It took 6 weeks to get a rent ready bid.  They said it will be another 2-3 weeks until the work is done.  It is a fairly standard turn with paint, cleaning, junk out, and soffit repairs.    AH! 

Management agreement states 30-day notice for me to end the management agreement.   I'm thinking of changing management companies ASAP as I have another manager in the same market.   The reason I would leave is current manager is doing a terrible job and making me bleed $.    Do I give the 30 days' notice and keep letting this ride or just tell them their management is unacceptable and move on immediately? I have 3 properties with them and hate to burn bridges, but this is my investment!    


It's crazy how much I have to manage the manager  :-(  

  • Lisa Martin
  • Most Popular Reply

    User Stats

    27
    Posts
    20
    Votes
    Lisa Martin
    20
    Votes |
    27
    Posts
    Lisa Martin
    Replied

    Thanks Bill. I'm on it! The other two properties are behind on rents as well and are receiving government assistance so it is complicated, and I will discuss with the new management.  

  • Lisa Martin
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