Here’s a refined version of your message that maintains your original questions and concerns while improving clarity and flow:
Hello,
Since January, I haven't received the full rental payment from the property management company. This is my first rental property, and I'm already having significant issues with them. They initially told me I didn't need to review the contract, as it was solely between the management company and the tenant. However, I recently discovered that I'm missing about one-third of the rental income, and no explanation was provided. ( Actually, I just checked my account to get money: 10/2 $500, 10/17$700, 10/28$500).
Originally, I understood that the management fee would be 10% of the rental income. However, I’ve noticed additional charges that weren’t initially explained, and the rental payments are deposited into my account in multiple transactions each month. Could you clarify if this is standard practice with the property management company?"
As the management contract is ending soon, I am preparing to manage the property myself. I have a few questions about the transition:
- Since I'll be taking over in the middle of the tenant’s lease, what actions do I need to take with the previous property manager?
- How should the contract be handled moving forward?
- What is the best way to officially inform the tenant about the management change?
- Do I need to draft a new lease with the tenant, or can I continue with the existing one?
- How should the security deposit be managed in this transition?
- What specific responsibilities does the previous manager have to ensure a smooth handover?
- Lastly, would it be better to introduce myself to the tenant as the owner, or as the new property manager?
Thank you for your assistance.
