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Updated over 2 years ago on . Most recent reply

User Stats

87
Posts
58
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Cheza M.
  • Investor
  • New York
58
Votes |
87
Posts

What to do if PM doesn't wire the rent?

Cheza M.
  • Investor
  • New York
Posted

Hi all,

I've been having this issue w/ my former PM about wiring the rent that I'm still attempting to resolve . I emailed them a week ago about not receiving the previous month's rent but they told me that they already sent it. I've provided them a screenshot of all the transactions or wire transfers that I've received from their company which of course doesn't include the previous month because I didn't receive anything. They then told me that the person who handles their wires told them that there was a problem with my voided check that it had different numbers, so I then took a photo of my check and sent it over to them last week. I still haven't received any response from them, but I feel as though they're just making an excuses. I've recently changed my PM because of this issue. I always had to remind them about the rent every month because otherwise another month will pass without them transferring the funds. Even though it's only a month's worth of money, I'd like to know what would you guys do if you got a PM like this who doesn't give you your rent? I was thinking about hiring an attorney to handle this issue, but then again, lawyers aren't cheap. So are there any other options? What do you guys think? 

Most Popular Reply

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28,085
Posts
41,092
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,092
Votes |
28,085
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Cheza M.:

You know in your heart this isn't normal/ethical behavior, right?

Use this link to file a complaint with the Ohio Real Estate Commission: https://com.ohio.gov/divisions...

  • Nathan Gesner
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The DIY Landlord Book
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