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Updated about 5 years ago on . Most recent reply

Benson Gee's profile image
Benson Gee's profile image
Benson Gee
  • from San Francisco, CA
  • Member since Nov 5, 2018

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Benson Gee's profile image
Benson Gee's profile image
Benson Gee
  • from San Francisco, CA
  • Member since Nov 5, 2018
Benson Gee
  • San Francisco, CA
14
Votes |
46
Posts
General Landlording & Rental Properties

Rental property management

Benson Gee
  • San Francisco, CA
Posted

Hey BiggerPockets family!

Just brought my first rental property last week! It was my first step in getting into the real estate world. I found a property manager that multiple people recommend to me.

Since I am new, I had a question for all landlords that uses a property management team. Is it normal that my property manager asks for my closing doc? Is there a reason why they would need it. Is my closing doc suppose to be confidential?

Please BiggerPocket family! Let me know some of your experiences!

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Anna Sagatelova's profile image
Anna Sagatelova's profile image
Anna Sagatelova
  • Property Manager
  • from Cleveland, OH
  • Member since Jun 6, 2019

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Anna Sagatelova's profile image
Anna Sagatelova's profile image
Anna Sagatelova
  • Property Manager
  • from Cleveland, OH
  • Member since Jun 6, 2019
Anna Sagatelova
  • Property Manager
  • Cleveland, OH
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Anna Sagatelova
  • Property Manager
  • Cleveland, OH
Replied

We don't ask for it but if the property you purchased is occupied it will make it clear what rent/security deposit funds you were credited at closing by the seller and will make the PM's job a lot easier.

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