**This post is a factual breakdown of the situation and where we are currently at.**
On 4/14 Jeff Swiecicki terminated my agreement via email. He stated to give him 30 days for final accounting. We also signed a “Notice to Terminate” which states "The property management agreement shall terminate effective May 14,2024. It is required the Property Manager return all personal property belonging to the Owner such as keys, entry codes, copies of lease agreements with existing tenants, tenant deposits, and any other files or information necessary to manage the property and the tenant(s)."
On 5/15, which is after our official termination date of 5/14, I requested next steps on getting funds and clarification on outstanding accounting items. On 5/17, Jeff Swiecicki responded saying he had a family emergency and would respond when he could. I responded back asking when to expect a response, which he did not answer.
On 5/22 I requested funds again or I would be reporting him to legal authorities. He responded that “Final accounting will be completed and all funds are being sent out at the end of the month with all other owner draws."
On 6/1 Jeff Swiecicki still had not paid me. I emailed him once more demanding an update and received no response.
On 6/4 Jeff Swiecicki sent out an email to all of his clients stating he was shutting down PM services effective immediately and to give him 90 days for final accounting.
On 6/7 a private discord group called “JBS-BS” was opened for anyone who was affected and owed money from Jeff Swiecicki. The group now has 30 members with discussion around negligence, mishandling of funds, fraud, and residual damages.
On 6/26 my attorney sent a demand letter to Jeff Swiecicki requesting immediate payment of the balance owed.
As of 6/30 Jeff Swiecicki has refused to pay back rightfully owed funds and refers us back to his 6/4 email to wait 90 days. This is in violation of our contract and his written word to pay me by, at the latest, end of May. When asked for a reason why he can’t pay now, he has stated “I'm one person trying to resolve over 6000 invoices for vendors, utilities, fees, etc for 100+ owner portfolios. The work I'm doing is the same amount of work that 5 employees used to do for me. It's not as easy as everyone thinks. I'd rather be slow but accurate rather than fast and inaccurate.”
This is in violation of Ohio Statutory Law governing the management of residential real estate properties. Specifically, Sections 4735.18(A)(24), 4735.18(A)(27) and 4735.18(A)(30) require a host of recordkeeping, reporting, and trust and security obligations, all of which we have reason to believe have been neglected by Jeff Swiecicki in connection with the Property Management Agreements.
My attorney is still in communication with Jeff Swiecicki and we intend to litigate if he fails to return funds immediately.
Based on these factual events and Jeff Swiecicki’s continued unprofessional and deceptive behavior, it is my strong recommendation to avoid doing business with him or any business associated with him.
