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So what you are saying is that some of your rentals were vacant per your property manager, but they really had tenants living in them? How do you know there were tenants living in them?
Yes.
I knew there were tenants in some of them 6 months into the management agreement I just didn't know the con artist agent was not entering their names or their rental income into the 'books'. The 'con artist agent' was manipulating me and deceiving me and using diversion tactics to steer me onto a different path as her method of me avoiding learning the truth. Then when I did get the ultimate knowledge that the tenants' names nor the rental income was being entered into their bookkeeping (I learned of this set of tenants being there because they telephoned into the new management company taking over, from me telephoning the electric company and receiving tenant names and the broker's 1099 figures didn't compare to my prior years' figures), I told the broker the tenant names I learned and she still stuck by her employee and told me the apts were vacant. After much yelling and screaming, the broker finally visited our property and confronted one of the tenants. Plus, a building listed as 'vacant' in the broker's bookkeeping should not have water usage for those months...the water bill should reflect 0 gallons of water usage.
I welcome all of your responses and if anyone can help me along this path of what I can do next I sure would definitely appreciate it. Any and all helpful hints. I still can't believe they dodged being liable.
If you can document utility usage, you should compile that information and submit it to the state licensing authority. Maybe they will take a second look at your complaint (assuming that you didn't provide that information before).
If possible, can you have someone track down the tenants and get statements from them? That might be your best bet.
Yours is an extreme case, but it does provide another anecdote as to why real estate investments should be kept local. Even if you choose to not do property management yourself, you'd be much better off if you could simply drive by to check on your investments from time to time.
If you can document utility usage, you should compile that information and submit it to the state licensing authority. Maybe they will take a second look at your complaint (assuming that you didn't provide that information before).
If possible, can you have someone track down the tenants and get statements from them? That might be your best bet.
Yours is an extreme case, but it does provide another anecdote as to why real estate investments should be kept local. Even if you choose to not do property management yourself, you'd be much better off if you could simply drive by to check on your investments from time to time.
Thank you for this information and your thoughts. I understand it is important to do a drive by just to check. Remember back to the horrible case of the extremely clever con-artist (Mr. Bernard Madoff for instance who had the ability to lie and cover up and had the audacity to send his clients fake statements for their accounts), well, I speak of one who is just as clever...you can throw her boss,broker,employer and defense attorneys in there as well for not holding her or her boss responsible. My perpetrator is so clever that she can hide in plain sight. I think the fact that my case is, as you say 'so extreme', it gives these defendants and their attorneys a challenge that is almost fun and exciting for them. It, however, has not been fun and exciting for me. It has been devastating in many aspects. I am not able to locate the tenants she had in my properties because they were all on parole and their paper trails do not lead me to where they are presently residing. I tried telephone numbers that showed up in various google searches that were connected with their names and none of them matched up and I mailed letters to the tenants' addresses that were connected with their names and all of the letters came back as undelivered.
I really hope this works out for OP. I hate seeing people taken advantage of.
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