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General Landlording & Rental Properties

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Kevin Feng
Pro Member
  • New Jersey
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29
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Is it normal for property management to hold a minimum?

Kevin Feng
Pro Member
  • New Jersey
Posted Nov 5 2019, 18:53

I use Crestcore in Memphis, TN.  Not a very responsive company. I wonder if it's normal for them to request and hold a minimum amount in my account for repairs.  At least that's what they claim as the purpose.  I am not a big fan of the idea but lack experience to understand.  Does anyone know if this is common or not?  I want to stop this.  

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