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Updated over 1 year ago on . Most recent reply

User Stats

35
Posts
8
Votes
Maria Teo
  • California
8
Votes |
35
Posts

What do you pay yourself or let your property manager pay on your behalf?

Maria Teo
  • California
Posted

Does your property manager pay property taxes and mortgage on your behalf?

All rental property expenses paid through the trust account I have with my management company, including property tax and mortgage. I like having everything coming from one account since it feels neat and organized.

I get copies of all mortgage statements and property tax statements so I know each bill is being paid.
Recently someone told me they'd never do this - "what happens if they forget to pay?"

What you the rest of you prefer and why?

Thanks!

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