Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

121
Posts
53
Votes
Joel F.
  • Developer
  • Santo Domingo, Distrito Nacional
53
Votes |
121
Posts

Suing Property Manager breach of contract and negligence

Joel F.
  • Developer
  • Santo Domingo, Distrito Nacional
Posted
Good Day Everyone! I have a big problem. I hired a property manager in Jacksonville, Fl to manage my property. This property manager for the year I been with him has been a nightmare. Tenant screening was horrible, his tenants was late paying rent, and now he has abandoned my building. Now the tenants skip the property as of today per his email he simply canceled out agreement as of today without doing a walk through on the property etc. Leaving the property vacant unsecured. I am an out of town investor. I realized he is not licensed in the state of Florida and he told me he was licensed and insured. I sent him a cancellation notice to cancel are agreement on april 30, 2017. Can I sue for damages done by tenants that exceed the security deposit, breach of contract, negligence as a property manager? Here is his email Final Collections: April 2017 $0.00/ / For April 2017 $0.00/ / For April 2017 Vacant Address: .......as of 03/06/2017 ....... as of 04/14/2017- Tenant Skipped Out Final Expenses Paid Out: $0.00 RDS Mgmt Fee For ..... $0.00 RDS Mgmt Fee For ..... Bank Deposits: As of 04/14/17 None Outstanding Invoices: None Final Security Deposit Audit: As of 04/14/17 $0.00 on hand for ..... $550.00 on hand for ...., ...............accepts the termination notice immediately as of 04/14/2017...Please provide us your current business address so all property correspondences can be turned over via certified mail asap...Thanks! Here is a copy of what he wrote me on an email

Most Popular Reply

User Stats

585
Posts
370
Votes
Rod Hanks
  • Insurance Agent
  • Dallas, TX
370
Votes |
585
Posts
Rod Hanks
  • Insurance Agent
  • Dallas, TX
Replied

You have a challenge, not a problem. I'm assuming this PM was not referred by another investor whom you trust and also you didn't verify his credentials or speak to his references. Of course you can sue and you will probably win, but after you consider attorney fees, court costs, your time away from your business, etc and the real possibility you will never collect on a judgement.... is it worth it? Properly screen your PM and you will lessen the chance of this happening again. 

GoodLuck!!!

  • Rod Hanks
business profile image
Rod Hanks Insurance
4.9 stars
86 Reviews

Loading replies...