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Updated over 8 years ago on . Most recent reply

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20
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James H.
  • Investor
  • Williamsburg, VA
3
Votes |
20
Posts

Just when I thought...

James H.
  • Investor
  • Williamsburg, VA
Posted

... people were inherently good...

I'm pretty sure my new property manager is deliberately stealing from me.  In about February of this year I changed property managers for a condo I own in Fayetteville, NC.  Yes, C property at best, but I still expect some attempt at professionalism.  Anyway, since signing a contract in June I have received no deposits whatsoever... June, July, August.. nothing.  My emails and texts have gone almost completely ignored (except for a "I've been traveling... I'll contact you later" type of response).

Trouble for me is, I live overseas, so physically visiting this person is a bit difficult, but I'm not adverse to the idea, for the principle of the matter.

My question is, at what point do I call the police?  Or contact an attorney? Any advice?  In my twenty years of out of state real estate investing of five properties, I've never experienced such a situation. 

(by the way, if any of you are considering a property manager in the Fayetteville, NC area, PM me for someone to maybe avoid).

Thanks for any response,

J

Most Popular Reply

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4,081
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1,596
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George P.
  • Property Manager
  • Livonia, MI
1,596
Votes |
4,081
Posts
George P.
  • Property Manager
  • Livonia, MI
Replied

sorry to hear about your situation.

this, along with 5 million other reasons, is why i'd never invest far from where i live.

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