Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on TwitterFollow AgentsOnline on Facebook

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Realtor CommunityA popular online real estate community since 1998!


Advertisements


Sponsored Links
Advertisements
How To Advertise Here
How To Advertise Here

Sponsored Links
(Views)Popular Topics
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 29290489
No new orders today 13255185
Stupid MLS comments. 3540405
What do you know about Froy Candelario, top agent in USA 1343263
Stupid QC comments and BPO requirements. 1186406
New HUD Listing Brokers---Any Update? 1128725
Is there religious content in Buffini class? 912442
Let's talk about our cars 765252
Most common items found at an REO 692045
Pay it Forward - BPO/REO Tips & Tricks I & II 676590
Name that Flick. Great movie Lines. 668606
REOTRANS 514556
Main Street 501434
EML 459242
asset val seminar in colorado 455829
assist 2 sell or 1 percent realty? 391509
HOMONYMS - There, Their, and They're 369060
Evalonline 300215
Land America 285057
Mainstreet 261863
Matched Content
Topic Options
Rate This Topic
#420994 - 03/02/13 04:22 PM Property management issues
Biggaz13 Offline
Junior Member

Registered: 03/02/13
Posts: 2
Loc: Australia
I bought an investment property in Kansas City (Independence). It came with a tenant. I am currently situated overseas and cannot get back to the USA until April 2014 (earliest). The property manager is aware that I am overseas.
I use a property manager to look after the property for me and deposit rent money into my Wells Fargo bank account. For the first 9 months this system worked well.
Problem:
About 11 months ago the property manager stopped depositing rent money into my account (except for October 2012).
I have received numerous reasons why this is the case via email.
- "A new payment program is being set up so there is a delay in processing".
- "Numerous repairs to house" (no evidence or receipts)
- "The tenant has yet to pay the rent this month”.
- “I promise to sort this out as soon as possible.”
- “I promise to start the eviction process by Friday if the tenant does not come in and pay the rent”
Now the property manager and the owner of the property management LLC refuse to respond to my emails for over a month.
When I call the up the front office I get the same message: “I’m sorry they are not available to talk to you at this time. Please email them with any concerns”.
I continue to service a $55,000 loan and paid the recent Tax Bill.
Assume I have no family in the nearby area to assist.
What are the options do I have before me????? Any assistance would be greatly appreciated.

Top
Advertisements
#420995 - 03/02/13 05:28 PM Re: Property management issues [Re: Biggaz13]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 7950
Loc: Vermont's North-East Kingdom
Hire an Attorney or a Private Investigator to ascertain what's actually going on in Missouri. I could do it on a consulting basis if it were here.

How much money is involved at this point . . . . money that you should have received, and haven't? Is the eviction being done under your name? And for what cause ?
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

Top
#421025 - 03/03/13 05:17 AM Re: Property management issues [Re: Vermont]
Biggaz13 Offline
Junior Member

Registered: 03/02/13
Posts: 2
Loc: Australia
You know what Vermont, I can't tell you how much money should have been paid.
I have asked for an eviction to happen but the property manager and the owner of this LLC have gone silent after many promises of clearing the mess up. There is the distinct possibility that the tenant has not paid any rent since November 2012 with promises to pay soon.

I think I may have to cut my losses and get a new competent property manager to help me move forward. Very stressful experience......

Top
#421032 - 03/03/13 01:20 PM Re: Property management issues [Re: Biggaz13]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 7950
Loc: Vermont's North-East Kingdom
So . . . . about 10 months worth of rent has gone AWOL.

How much was the rent? Probably totals enough to get to the bottom of this soon; at least stop the bleeding!
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

Top






Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Newest Members
Will1329, OpClassicGal, TonywithAM, EWcontractor, AnnyGraell
31077 Registered Users
Who's Online
1 registered (1 invisible), 56 Guests and 3 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Trouble 13
CathCoy 11
Long Walk 10
Lucky Leonardo 7
Bigtoe 7
Z06Fanatic 5
Admin 4
Mr. Clean 4
sualk54 3
BrevardFLRealtor 3
RATKOS 3
TheGodson 3
realestategreat 3
OahuAgent 2
ErinwithAM 2
Featured Member
Registered: 06/27/08
Posts: 422
Facebook

How To Advertise Here


This site presented by RNC Internet Services