I hired penmar management I was in need of a property management company to handle my properties. It was great at first talked with owner he assured me everything would be taken care of. I went in wrote him a check 2 weeks went by he called asked for more money explaining to me it was for repairs, etc, and standard "other" fees I said sure since I trusted him.
I received complaints from tenants directly to me ABOUT PENMAR MANAGEMENT to the point when I have lost tenants. All fees I paid to them, were things I had to ended up taking care of myself, I had to hire my own contractors, my own lock smith, and pay out of my own pocket as well as pay Penmar to do nothing but ask for money every couple weeks.
Any time I called to speak with owner "Bob" he was in a conference, meeting and could not be disturbed. After many calls I have lost count, I requested a final bill to close my account with them, they refused to send me anything months have gone by and recently heard from their office claiming I owe an outrageous amount, I have asked for a list of what the balance is for all I got was a letter with their name, my name and an amount.
I recently found out they have a judgment on one of my tenants for an amount which I had to pay to hire my own personal contractor to repair my property but the judgment is said to be owed to penmar management instead of me (THE OWNER!) I am currently looking to hire an attorney and I am hoping anyone else that has had bad experiences with them comes forward, I have googled and it appears I am not the only one.
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