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All Forum Posts by: T. Smith

T. Smith has started 3 posts and replied 3 times.

Post: Questions from a prospective PM

T. SmithPosted
  • Posts 3
  • Votes 0

why would my property manager ask for my articles of organization, copy of my driver's license, copy of property deed?

Thanks in advance!

why would my property manager ask for my articles of organization, copy of my driver's license, copy of property deed?

Thanks for the help. Not sure if I need to provide.

Hello everyone,

I would like to get a some opinions on the reasonableness of the move-in expenses given the work that is left to be done. Also, get a feel for if it is ok that they are not able to get me an itemized estimate.

Background: I have recently acquired an investment property in Dayton, OH. We got a new property manager who is helping get one of our new units ready. As an aside, this is the second person we have hired and have already spent $2K so far.

Scope & Pricing:

The new PM has proposed a total of $4,600 split between Material for $2,100 and Labor $2,500. He refuses to give us a detailed break out. I was able to get a listing of the work below.

1. Living Room

a. Hang blinds (already purchased)

2. Dining Room

a. Hang blinds (already purchased)

3. Kitchen

a. Hang blinds

4. Bedroom 1

a. Hang blinds

b. Replace 2 broken switches

c. Trim door to close properly

d. Install shelf and closet rod in the closet

5. Bedroom 2

a. Hang blinds (already purchased)

b. Trim door to close properly

c. Install shelf and closet rod in the closet

6. Bathroom

a. Remove tub faucet (current one is too small and the hot water handle was glued solid) and replace it with the correct faucet

b. Grout tile around tub

c. Paint ceiling

d. Floor around the shower is rotted. Disassemble shower door and remove the base. Pull up tile around the shower. May have to remove vanity and toilet-depends on how far the rot in the subfloor goes. Repair bad subfloor. Re-install shower. Install tile trim around the shower.

7. Basement

a. Install register cover on heat vent in the main room

b. Repair closet doors so they close properly

c. Replace the broken closet door

d. Install dryer venting to outside

e. Water heater is dated and has rusted on the bottom. Will start to leak soon. Remove old water and install a new 40-gallon gas water heater