All Forum Posts by: Tek Kim

@Aaron Shoemaker Me and my buddy will be there. Looking forward to meeting you all!

I really appreciate you all for your valuable inputs.

We started working with the current company just because we didn't know anything better (also didn't know about biggerpockets back then).

I'm reviewing our current agreement while I'm looking for another company at the same time that's more suitable for our property size and type (It's around 20,000 sq ft and mainly for retail stores in a relatively rougher neighborhood). What @Joel Owens said made a good sense to me and helped me to see the situation from the company's financial perspective.

Thank you all again and will update here how things turn out.

Hi all,

I wanted to thank you all first reading my post and would appreciate any constructive advice I can get.

Our family own a commercial property in downtown Atlanta and hired a property managing company around the time when we acquired the property.

As many of you might have experienced, their work is not just meeting our expectation and we feel like they are only doing a bare minimum while charging maximum fees. I do not want to go into too much detail and let’s say the most noticeable work they did was collecting rents. Recently, we got a $6,000 bill from them which is supposed to be a service fee writing a new lease for one of our tenants. However, I remember it was our lawyer who re-wrote the contract and this bill made me really wonder what they are charging us for. In another instance, they failed to relay a mail from ex-tenant and it costed us around 10k.

I hope this gives you guys a sense of who and what we’re dealing with. I would love to hear from you how you dealt with a difficult property manager and what the best course of action we should take.

Thanks