Best advice for property managers is one simple thing
Your unit has a leaking roof. Do you wait for the adjuster or take action immediately? The tenant has an unauthorized occupant. Do you accept his rent payment? An owner dies and his only son asks you to send the money to him; do you send it? Making decisions as a property manager can be tough. Many take action on an issue that’s new to them without getting proper advice. Mistakes can be made and the key is early intervention. Take a minute to hear about common scenarios that frequently trip up a new property manager – or even those seasoned managers who’ve never encountered the issue before – from attorney Harry Heist. His advice is simple – but to the point.
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(*Remember that state law varies from state to state, so always contact your attorney for specific legal advice in your area.)