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Updated about 5 years ago,
Property Management Company Ripping off my In laws
My inlaws have a 4 unit property that should net around 10K a month.
The PM company tell them EVERY month that between 4 and 7 thousand dollars of maintenance/repair is needed. My inlaws say, "well the building is old". It is form the 1970s. They have been doing this to my inlaws for many many years...the fluctuations of income alerted me to this becaus it makes no sense.
They think I am wrong. But how can I catch them. Should I lost the PM co.pany here...if you google their name and look on Yelp they have terrible reviews and I went to the courthouse and looked their name up to find they have been sued over ten times in the last 8 years.
What is the best way to catch them? It has become a sensitive matter and they get flustered and frustrated...they dont want to deal with it.
Any thoughts?
Fyi, on their website they have accreditations listed, and I called each one, they are not members. The HOA said they would call them and demand they take theirs off and that has happened. They are bot even part of the BBB.
Thank you in advance.