All Forum Posts by: Toby Mims

@Drew Sygit Thanks Drew, I'm on it.

@Lynn McGeein Thanks for the advice! The property manager is supposedly mailing us the final rent check, but has told us that she is sending the tenant their deposit. Is the deposit supposed to be taken out of escrow and given back to the tenant, so the tenant can give it to the new property manager?

@Theresa Harris *Continued*- the property manager

@Theresa Harris Yes I have. They said they have been putting the rent in a drop box to pay the rent at the closed realty office. They also haven't been able to reach the property manager.

I only have an old 12 month lease from my property management company that has already expired years ago.

There has never been another contract signed by me or my tenant (I've verified this with the tenant).

My property manager is getting old and is having health issues. There has been no more communication with him. His daughter is a realtor and has tried to take over, but now their office is closed down. Their brokers license is showing up on the state website as "Inactive" and so is his daughter's realtor license. This is in the state of Georgia.

Our tenants have paid two months of rent that we have not received from the property manager. We are now seriously looking and thinking about switching to a different property management company.

Does anyone know if we are still required to give a 30 day notice and continue to lose out on rent that is being paid on time?

Would like to get some feedback please. Thanks.

@Sam Booth Try to get them to do a video call with you, and have them point out all of the things that weren't on your list. Then you can approve the add on's or not.

@Elizabeth Southall Just tell them that you would like to have the heloc in place, so that you can have capital available for the next ten years in case you need the money for things such as improvements. That is not telling a lie at all. Improvements can cover a wide range of things in your life. Then quickly ask the lender if they like your excellent credit and the way that you always pay your debts on time.

@Jacquelyn First I supply a good used fridge to my tenants. I use a reliable appliance store that delivers and does maintenance as needed. So far the fridges have not been a huge issue. I had one go out once and had it replaced with another good used one and the cost was low. They last a long time, just make sure it is cleaned out and a box of baking soda is left in it during vacancy, so the smell doesn't run off your new potential tenants.

@Jim Ambrose Congrats, that's awesome!

@Natalie Cloutier You might want to rent one or two of your units to law enforcement officers, and give them a heads up on the situation.