Tag Archives: property management

Property management horror stories

Over at InvestingNotes, Jan deSalvo writes a pretty interesting article detailing some horror stories she’s personally experienced over decades of working with property managers.

The stories aren’t pretty but do contain some classic elements; lack of accounting for repair & maintenance costs, poor paperwork when it comes to maintaining leases; suddenly not being able to get in touch with the property manager for long periods at a time, comingling of personal and business funds, etc; the list goes on.

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