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Damon Riley
  • Rental Property Investor
  • Granite Bay, CA
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Autumn Property Management (Michigan)

Damon Riley
  • Rental Property Investor
  • Granite Bay, CA
Posted Feb 22 2021, 10:48

Is anyone familiar with Autumn Property Management in Waterford, MI? They are taking over the PM duties from Proway (which was an arm of Strategic Properties, LLC). One source was optimistic that they'd be more responsive to and communicable with properties owners. It was my understanding that this transition would take place in January, but just yesterday I finally received a PM Agreement via DocuSign from them with essentially the same verbiage the Proway agreement. I'm stuck on the "Fee" Section...Why should I pay a $200 "Lease Renewal Fee" if the current tenant wishes to extend? This is a nominal cost. The second issue is under the "Term" section - Why should I agree to pay a $1000 finder's fee if I chose to sell the property prior to the end of this agreement which extends to 2/28/22? Autumn did NOT place this tenant!?

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