- Joined
- Sep 28, 2007
- Messages
- 4
I don`t know if I`ll get in trouble for this but I feel that this is valuable information for other inverstors. I had a few of my properties managed by Kirkside as a test drive to see if they could do all of them. Well I have to say it was worse than manging myself. They sent me monthly statements that I couldn`t understand, I do all my own book keeping so i sould be able to read a monthly statement with no problem. During the time they managed for us I still received multiple calls from the tenants because they didn`t get anywhere with Kirkside. Kirkside had a 13% vacancy rate for the 7 months they manged for us which I think is ridiculous considering Edmonton has a 2% vacancy rate. Also when we fired them there was seveal thousand dollars in uncollected rent that we had to take care of. They also didn`t hold back money from damage deposits for damage to suites so we were out the repair costs in the end. Finally when I got the paper work back from them I am still missing three check in reports which could cause me more losses as I can`t hold back money for damages without them. In short I strongly recommend not hiring Kirkside.