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Jeff Betschart
  • Rental Property Investor
  • Parker, CO
15
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80
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Property Management Company will not pay me out now that I switch

Jeff Betschart
  • Rental Property Investor
  • Parker, CO
Posted

Wondering what action I can take against a PM company that has not paid me my last month's rent on 8 properties and all deposits that they have for my properties. Is there a time limit before I can press action against them? Not sure what the next steps are but I sure hope no one ever chooses to use them if this is how they treat people who have been with them for 4 years. 

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6,603
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Bjorn Ahlblad
  • Investor
  • Shelton, WA
6,959
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6,603
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Bjorn Ahlblad
  • Investor
  • Shelton, WA
Replied

Most PM's have to have a RE license. You can report them to the RE board in your state their license would be in jeopardy. Don't wait too long. Get a lawyer and take them to court. Good luck!

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