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Updated about 9 years ago on . Most recent reply

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3
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1
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Ahmed Bamohrez
  • Investor
  • Mississauga, Ontario
1
Votes |
3
Posts

Dilemma with my property manager in Orlando, Fl

Ahmed Bamohrez
  • Investor
  • Mississauga, Ontario
Posted

I am an international investor. My property manager of 2-bd condo in Orlando Fl, asked for repair cost of over $3000. I sent for them. Did not receive any invoices or the status of the repair. They asked again for more money to do other repairs, but this time I refused until the status of the first amount is clear.

The unit is vacant for the last 5 months.

I am afraid that no repairs were done and the money is being misused.

What should I do if the PM is not responding and I don't know what is going on with the condo?

What I should do to make sure that the condo is repaired and rented?

I cannot make it to Florida soon and don't know any body to help.

I will appreciate any help to direct me to the next best action to guarantee my rights.

Most Popular Reply

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15,177
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11,262
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Joel Owens
  • Real Estate Broker
  • Canton, GA
11,262
Votes |
15,177
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Joel Owens
  • Real Estate Broker
  • Canton, GA
ModeratorReplied

Is this contact even a licensed property manager in good standing in Florida??

I am amazed sometimes investors do not check on this and some random person is managing their property.

If they are licensed are they a REALTOR also? In addition are they a broker or agent?

3,000 is a lot for repairs. You can almost redo a whole unit for 8k to 10k top to bottom.

Connecting with and paying a local BP member might be more beneficial getting things done.

The cost of flying there with hotel room and board is non-optimal for expenses.

No legal advice given.    

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