Many real estate investors are fond of holding on to a property manager for reasons best known to them. After all, most of us are not into accepting the mistakes made. Worse, finding a new reputable property management company might end up taking a lot of time and effort. However, the fact still remains you may have to deal with a lawsuit if you do not change a bad property manager. This is because the property manager is acting on your behalf meaning when your property manager breaks rules and regulations, so do you.
So, how can a bad property manager get you sued? Well, if your property manager is violating federal housing laws by screening potential tenants illegally, then you may have to deal with the long arm of the law. That is why you should deeply discuss the screening process prior to hiring the property management company. Be on the lookout for property management companies that are not willing to share this information since they might be hiding something from you.
The good news is that renowned agencies like Eenhoorn will be more than ready to share this information. After all, Paul Heule, the CEO believes in achieving client satisfaction before anything else. No wonder Heule has been able to make Eenhoorn LLC a force to reckon with in the industry. Of course, this is after working hand in hand with the entire team of professionals at Eenhoorn.
Apart from violating federal fair housing laws, a property manager can get you sued by failing to disclose mold issues and point hazards. For those who may have no idea, these issues will end up impacting negatively on the health of your tenants. This means a tenant can sue you for permanent medical issues. In most cases, you will up end up covering the medical bills. No investor would want to be in this situation
The Bottom Line
Hire a bad property management company and you may find yourself on the wrong side of the law without even noticing. To prevent this from happening, carry out a thorough research of any property management company you may choose to rely upon. This is something you never have to worry about when relying on the services of Paul Heule’s company since you will get every piece of information you need hassle-free.
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