 fire owner (by Barbara Clark [NM]) Oct 8, 2015 7:23 PM
 fire owner (by OPM [OR]) Oct 8, 2015 8:07 PM
fire owner (by LiveTheDream [AZ]) Oct 8, 2015 8:48 PM
fire owner (by Barbara [NM]) Oct 8, 2015 9:21 PM
fire owner (by BRAD 20,000 [IN]) Oct 9, 2015 7:37 PM
fire owner (by BillS [CO]) Oct 10, 2015 5:54 AM
fire owner (by jay [PA]) Oct 11, 2015 10:51 PM
fire owner (by Barbara Clark [NM]) Posted on: Oct 8, 2015 7:23 PM
Message:
Is there a form letter for "terminating" the management agreement with the owner? I have an owner that id tight on money and wants his family to do all repairs
thank you
--71.228.xx.xxx |
fire owner (by OPM [OR]) Posted on: Oct 8, 2015 8:07 PM
Message:
Hi Barbara..
As a PM myself,, I am trying to understand the story of the post..
Are you not getting paid for your services..
How does the owners family making repairs hurt or impact your agreement with the client you serve..?
I don't want to assume and there may not be one answer..
typically the board is here to help.. some are not fans of managed services..
Tell us more --162.247.xx.xx |
fire owner (by LiveTheDream [AZ]) Posted on: Oct 8, 2015 8:48 PM
Message:
I'd just be brief.
We are notifing you of out intent to terminate our management, effective... Where do you want your derposits sent, we will provide a final accounting by...
Thank you for your business. --24.121.xxx.xxx |
fire owner (by Barbara [NM]) Posted on: Oct 8, 2015 9:21 PM
Message:
I am currently being paid for my services, but My owner is struggling with money, he wants to approve every cost and does not want to approve minor repairs of less than $100.
In the last 2 months, I have had a water heater go out and there is a water leak and possible mold. the owner is questioning the validity of the needed repairs and states that his family member can take care of the repairs for him.
I use licensed and bonded vendors and the owner is complaining.
The owner requested to hold the tenant security deposit from the beginning. I can now see where that was a mistake. --71.228.xx.xxx |
fire owner (by BRAD 20,000 [IN]) Posted on: Oct 9, 2015 7:37 PM
Message:
Barbara,
Thanks for adding info.
I'd start by reading your PM agreement. A good contract always includes a system to end the contract.
And the contract should lay out the maint program, approval levels, etc.
(could the problem lack of detail in the contract - just asking)
I would write a simple letter stating you can no longer service their account and give a 30 day notice.
You may have done this: I would first discuss this maint matter with the owner. $100 is a reasonable level.
Once you explain you cannot fulfill your duty as manager when he does not fulfill his, he might relax to keep you.
If not, time to move on.
Life's too short.
BRAD --68.50.xx.xxx |
fire owner (by BillS [CO]) Posted on: Oct 10, 2015 5:54 AM
Message:
What Brad said. (where the vote button?) --73.34.xxx.xx |
fire owner (by jay [PA]) Posted on: Oct 11, 2015 10:51 PM
Message:
When I managed property I hated cheap owners cause it did a disservice to the tenant, by making all the repairs, such as no hot water, a week long thing. The owner would say let me see if so and so can do it cheaper. Eventually I just said have him do it effective the end of the month. Now I don' have to deal with his cheapness, which took up all my time searching for cheaper repairs for him. --74.106.xx.x |
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