My tenants dropped the keys off at the Property Management company at the end of the month and moved with no notice. They were well past their lease [lived there for 8 years] so no contract broken there.
I told them to Management to fix the place up and I would try to sell it while they looked for new tenants, whatever I hit first I was fine with.
Now I find out the place is needing $7k in repairs to rent it out again!
The management company doesn't want to go after them for the losses because they are both retired and disabled, how noble.
Instead they expect ME to foot the bill to get the place I payed THEM to maintain back up to par so they can charge me to rent the place out again?
Today I'm told they want me to "suspend management, establish all utilities and maintained lawn services", while I try to sell it, unfixed, unmaintained and I have no idea if there is a huge water bill waiting or not.
Do you think I can sell the place, as is, at a loss and recoup my $ with the Management Company?
Or Is it time to go lawyer shopping?
Or am I [gulp] eating this bill and have two retirees to track down for my losses?
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[–] KosherHiveKicker ago
For sure.