As an owner: Block has grossly mismanaged my property rental thus far.
TL;DR - All-around negligence. Lease stated tenants had to pay 1 year in full before moving in. Agent allowed them to move in without paying. Now the tenants broke their lease and aren't paying anything.
I had to move from Raleigh to Seattle for work, but recently purchased a home in Raleigh, so I hired Block to rent it out for me.
I was not told about new tenants moving in, or sent their lease, until the day before move-in. I got a call at 4am asking me to please sign the lease ASAP, but there were countless mistakes, so we had to go back and forth at least 10 times before the lease was correct, resulting in a delay for my tenants moving in. Countless calls/texts 3-4am over the next few days from my agent while we try to fix all of her mistakes. They also did not conduct a maintenance walk-through until the morning of move-in, which revealed several things that needed to be repaired, and could have been done any time in the entire month prior while the house was sitting empty.
The lease stated the tenants must pay 1 year in full before moving in (due to poor credit history). However, my agent allowed them to move in without paying. I think she felt bad because their move-in was already delayed (which was her fault). She mentioned several times how the tenants were in a hurry to move in. She claimed "He was unable to get a money order for the full amount because his bank has a daily limit."
When I expressed my concerns, she sent me "Are you worried that they wont pay rent??" - yes, of course I am. That's why we required they pay in full before moving in. She followed this up with "This one was challenging for me and my first move in there are things that could have been done differently. [the rental process] was kind of a shit show." I understand these things are complex and take time, especially if this is your first property, but the entire company should also be responsible for overseeing the process and providing support.
The tenants ended up paying about 1/3 of the total lease amount up front. However, it's worth noting that this happened in January, and Block didn't send me any of this money at all until late April. This was partially my fault because my home insurance file was messed up, however there was still a gap of 2 months between me fixing that and me getting paid. This whole process also required a revision of the lease, 4 months after it was originally signed, which is further evidence that the agent did not know what they were doing and/or no one else at the company was overseeing the process.
Now, who could've seen this coming: the tenants did not pay their full rental amount, broke their lease, and are now refusing to pay any more.
Supposedly, those tenants have moved out, and Block is searching for new tenants, but it's nearly impossible to get any updates, and I now live 3,000 miles away so it's not like I can walk into their office or go check on my property. I found out about the lease break on June 3, and the house was not even re-listed on Zillow until mid-July.
At this point I do not know if my house is occupied or not, I do not know whether we have any new prospective tenants, and I have no money coming in from this property. read more