My property manager

[Takeshi Yashima]

I do need to get some suggestion regarding my situation.

Couple of month ago, one of my properties is damaged by the evicted tenant and my property manager was working hard on evicting the tenant, contacting the power company to inspect the rehab cost and attorney to get the tenant evicted etc.

After checking with the damage with insurance company, I got much less than the total repair cost that property manager proposed when he assessed the property so I started to shop around the repair vendors that offers the cheapest cost. Then, property manager's attitude suddenly changed so I asked the reasons why and the reasons why he was upset is that I started to shop around the vendors.

My understanding for him to get his compensation is via
1) Certain persentage of rent collected (I won't disclose how much percentage)
2) Half of the 1st rent when rented.

If there is no economic benefit as a result of him doing this repair job, there is no reasons to be upset but it seems that he is actually taking some compensation from this repair so that's why he was upset when I started to shop around.

Now, he is saying that if I choose another vendor, I need to change the property management company (Which I have many choices so there is no problem).

I understand that he worked so hard to evict the tenants, contacting and meeting the insurance company and meeting utility company etc since I have many communication with him to make sure that job got done (It's been 2 month or so).

What you would do in this situation? In order to see his intention, I sent email basically asking if he is skimming on the top as a result of this transaction (Very professional and caring way so he won't be upset). But, I am inclining toward the replacing to the new property manager.

Any suggestion or experiences are appreciated.

[Jon Holdman]

I think he's getting a cut of the repair costs. Get a new PM.