All Forum Posts by: Matthew Nelson

Was working with the property management company for two years. Two months ago, I decided to cancel our arrangement with them. I had downloaded all of the ledgers from the online portal .

4 days after the relationship ended we started the process of auditing each property. It comes out that they made adjustments on October 4th, to a few proeprty ledgers  18 months prior (april 2023).

Also they  are trying to claim their 10% fee from the security deposits they are holding for me.

They’re now claiming I owe them money that wasn’t owed, it’s only showing as owed beciase of the ledger adjustment referred to earlier.

This reeks of fraud to me. Knowing this company I can see them doing this. 
It also affects what our proceeds were for that year , so we likely have to file and amended return.

Can there be an arguement of fraud in this type of situation 

Chuck,

i am looking at a deal in bessemer city that i would most likely wholesale if the lowball offer is accepted. I am unfamiliar with the nuts and bolts of the city and can only get a feel for what i find on MLS. Since you live there , would you be able to give me some insight on what the market has been doing there the past few months?

appreciate the help