Hi
I haven't read all the lengthy posts in this thread but i get the jist of the conversation.
In the past I dealt with a rogue letting agent. In the final 12 months, the service went down hill.
Unfair admin costs, not collecting rent on time, unnecessary work carried out to properties and there is a mountain of other stuff that would take hours to explains.
So in short, it came down to this simple fact:
the financial and EMOTIONAL costs of perusing the agent for unfair costs was TOO HIGH.
Solution: Found another agent, transfered all properties one by one as the tenancies elapsed.
I've never looked back. Now into bigger profits, and less stressful times. I'm glad I decided to simply let got and move on.
I may even have added another 5 years to my life span, who knows.
Nilesh Gohil
Where property investors hang out
www.PublicAngel.com
www.PublicAngel.com/forum
http://www.publicangel.com/beat_the_baron.php