Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Yvette Daniels

Yvette Daniels has started 1 posts and replied 1 times.

Hello, 

I own a single family home in Detroit. My property manager has never been good with paperwork, but I am at my wit's end. The property manager has a contract with HUD, where she rents out properties to tenants in the HUD program. The first couple of years, things were bearable, like I mentioned, the team was not great with paperwork, but I was receiving the rent. Well, I noticed several months went by and I had not received a payment. When I inquired about it, I was told there was a clerical error with housing and they were working to get it fixed. Fast forward, months have passed, I have been going back and forth with the property manager, turns out Housing is claiming that repairs need to be completed and the rent/property was put into abatement. My property manager claims to never have gotten any notice from housing about the repairs.

The tenant has vacated the property, approximately one month ago.  A "squatter" has moved in and they are moving slowly to rectify the situation.  From my understanding, the "squatter" is a friend of the previous tenant and will move out, but this team of people are not aggressively managing this situation. 

I want to fire this property management team, but fear that if I do, it will be a nightmare collecting the back rent.  Not sure if I should cut my losses and hire another team to either manage or flip this unit, and hire a lawyer to audit the property management team.  A lawyer will probably end up costing more than the actual revenue of the property. 

I am really not sure of the best move to make.  A lot of this could have been avoided if the property management team paid more attention to the property.  Open to all suggestions at this point. 

Thanks, 

Yvette