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Updated 4 months ago on . Most recent reply
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Property Maanger stole my money - Tenant deposits and one month rent
My current property manager in San Antonio suddenly ghosted me. He is nowhere to be found. Boker is no longer sponsoring him. I want to understand what are my options to collect tenants deposits and one month rent.
Most Popular Reply
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Is the PM an individual that works for a larger organization or their own independent business (eg like a realtor who works with a group of people at an office)? The fact that you mentioned broker, suggests that it is an individual at a business. If that is the case, the broker should be responsible. The money should be held in trust. What did the broker suggest you do?
Either way they should be licensed, contact the board and report them. I'd also directly contact the tenant to see if they have heard from the PM and let them know to directly pay the rent to you for Nov. The broker can contact them to let them know that you are the owner.