Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 about 4 years ago,

User Stats

9
Posts
7
Votes
Paddy Krishna
  • New to Real Estate
  • Collegeville, PA
7
Votes |
9
Posts

Firing my Property Management Company

Paddy Krishna
  • New to Real Estate
  • Collegeville, PA
Posted

We bought a property in Baltimore from a turnkey operator. The turnkey operator recommended a property management company. The property was rented  a tenant. After two months the tenants stopped paying the rents. The property management didn't even know that the tenants were paying rent until we complained it to them. It has been 5 months since the tenants paid the rent. The management company has done nothing to collect the rent nor reached out to the tenant to make alternate arrangements. They don't return our calls nor respond to our emails. 

We later came to know, almost all the investors bought property from the turnkey operator were using the same Management company and they all have bigger complaints than us. The irony is that no legal actions were taken against the management company and they are still in business. 

We want to move to a different property management company. We emailed them saying our intention to move to a different company. We requested to send a copy of the ledger. But they are not responding to our calls and we are are at a loss. 

My question first questions is what is the process to fire them and move to a new management company? Second question, if at all possible, how to collect the unpaid rents from the tenant?

Loading replies...