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Updated over 1 year ago on . Most recent reply

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Damon Riley
  • Rental Property Investor
  • Granite Bay, CA
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Autumn Property Management (Michigan)

Damon Riley
  • Rental Property Investor
  • Granite Bay, CA
Posted

Is anyone familiar with Autumn Property Management in Waterford, MI? They are taking over the PM duties from Proway (which was an arm of Strategic Properties, LLC). One source was optimistic that they'd be more responsive to and communicable with properties owners. It was my understanding that this transition would take place in January, but just yesterday I finally received a PM Agreement via DocuSign from them with essentially the same verbiage the Proway agreement. I'm stuck on the "Fee" Section...Why should I pay a $200 "Lease Renewal Fee" if the current tenant wishes to extend? This is a nominal cost. The second issue is under the "Term" section - Why should I agree to pay a $1000 finder's fee if I chose to sell the property prior to the end of this agreement which extends to 2/28/22? Autumn did NOT place this tenant!?

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Drew Sygit
#1 Multi-Family and Apartment Investing Contributor
  • Property Manager
  • Royal Oak, MI
5,537
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8,900
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Drew Sygit
#1 Multi-Family and Apartment Investing Contributor
  • Property Manager
  • Royal Oak, MI
Replied

@Damon Riley you won't get anywhere with the city and the water affavit:( 

Even though a Michigan law requires the cities to do so for a 12+ month lease, there is no penalty for cities that do not comply.

The reason - the cities do NOT want to worry about collecting past due water bills! Currently, if a water bill is not paid, the city sells it to the county, then the county puts it on the property taxes with 12% penalties, and if you don't pay the taxes they foreclose.

This tenant has now become "addicted" to not paying water and extermely unlikely to change.

Start eviction now so they will be out by spring - the best time to find a new tenant.

Email us if you have any other questions as we don't do the DM thing here.

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Logical Property Management.
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