Ask About A Real Estate Company
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago on . Most recent reply

Spartan Invest Hidden Fees
Hi,
I would like to talk to other people who are investors with Spartan Invest in Alabama to see if they are seeing similar issues.
A little background. I purchased an investment home with them around 12/2018. It took them a while but was finally able to get tenants in around 3/2019 on two year lease. During that three months, I was not charged anything and because it took 3 months to put in tenants, they did not take first months rent as placement fee. Around 2/2020 the tenant broke the lease due to work. Because the tenant broke the lease and owned a pet, I was expecting to receive 2 months rent. Here is where a few things start feeling sketchy to me.
1. They still considered the early-termination fee and pet fee as rent so I was charged the usual management fee.
2. They charged me a lot of fees on move-out, one of which was a double charge for lock change that I had to ask multiple times to remove before they finally did.
3. Even after these move out fees, I'm still getting charged for things such as utility ($139.50), lawn mowing ($45.00), and house cleaning ($50.00). This does not seem right as I did not have to pay for these during the initial three months my property stood empty.
I feel like this is an attempt on their end to recoup losses caused by COVID. Anyone else having these issues with them?
Most Popular Reply

- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
- 19,743
- Votes |
- 28,763
- Posts
A leasing fee is going to cover 1 thing....Leasing your property. That's industry standard. Every additional service will of course need to be paid for as well such as cleaning, lawn mowing, fixing repairs etc....Again industry standard.
As for you not being billed for grass when you 1st bought the property, you're right man. Spartan Invest should go back and bill you for the grass cutting you didn't pay for. Good catch.