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Updated over 6 years ago,

User Stats

29
Posts
4
Votes
Dana Yobst
  • Carrboro, NC
4
Votes |
29
Posts

Property Manager Owes me Warranty Money - Recourse?

Dana Yobst
  • Carrboro, NC
Posted

I have 13 supposed to be turn-key doors out of state and the property manager is doing a very poor job.  they owe me maintenance warranty and move in warranty.  the move in warranty is not in our agreement but I have multiple emails detailing the agreement and how it is paid out.  

there is also clearly maintenance problems that are recurring.  what can i do to recover my money?  the amount is too large to walk away from.  i am prepared to change PM and have done due diligence to find a new one but i don't want to forfeit money owed by leaving my PM.  

Should I consult with a local attorney?  fly there and use my own maintenance people to fix things and look at issues?  I want to get this turned around and i am trying to work with PM as I feel like that will be the least painful way forward.

any advice welcome!  

thanks.

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