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Updated 14 days ago,
Property Managers Violated Contract
My contract with my property managers requires my approval for any expense over $500. For the second time, an expense for well over $500 has been payed without my consent. It was in response to a potential emergency situation (ex: a water heater in one of my units was leaking and they paid a little over $2,000 for replacement). I was never even informed of this expense, I just keep a close eye on the ledger which is how I saw the expense. For a little background - I have been taking a big loss on this property for the last year for reasons out of the control of my property managers.
What would you do in this situation? I am going to send an email requesting that I be contacted for these expenses, but is it also fair for me to request reimbursement? Would this make you question your property managers?
Thank you in advance! I am pretty new and I'm trying to learn all I can.