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Updated 24 days ago on . Most recent reply

User Stats

3
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Danielle Levy
  • Investor
  • Southfield, MI
1
Votes |
3
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Filing lawsuit against property management company

Danielle Levy
  • Investor
  • Southfield, MI
Posted

We are extremely unhappy with our property management company. They failed to rent a unit in a great location/condition and a hot market for 4 months, and the rehab expense reports don't line up with the estimates they provided. We don't believe they are stealing, but their negligence has cost us a lot of money.

* Is this enough to file suit in small claims court? 

* What types of evidence would we need?

* And most importantly, does it open us up to counter lawsuits? 

We would of course switch properties to another company in advance. We have a standard management agreement with a hold-harmless clause but nothing mandating arbitration. 

Most Popular Reply

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17,436
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,090
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17,436
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Nothing you've stated merrits a lawsuit. Simply fire them and hire someone else.

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District Invest Group
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