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Brian J Poulson
  • Rental Property Investor
  • CO
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6
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New Construction Rental Property robbed before signed leased

Brian J Poulson
  • Rental Property Investor
  • CO
Posted

Greetings BP World,

I ran into an unfortunate situation. Recently, I closed on a new construction SFR rental. The property management company was marketing the property and getting it ready to lease. During a showing the property manager found that all the appliances in the house had been stolen. Police report said there was no sign of forced entry. I do not live in the same state and I'm trusting the management company to get the property leased. Now I have to replace all the appliances before I can get it back on the market. Is the property management company liable at all in this situation?

  • Brian J Poulson
  • Most Popular Reply

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    Mike Dymski
    #5 Investor Mindset Contributor
    • Investor
    • Greenville, SC
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    Mike Dymski
    #5 Investor Mindset Contributor
    • Investor
    • Greenville, SC
    Replied

    Unfortunately, no, it's a robbery for you to handle with the police and insurance if you choose.  May have to get cameras and/or security monitoring to prevent it from happening again.  I would at least put a security sign in the yard (even if you don't subscribe to it).

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