American Asset Management Partners

Where do I start? Fortunately this business has shut down… but not really. It’s just a name change; same people, different name.
This company was a reincarnation of Texas Cash Cow Management, from whom we purchased two rental homes in the Dallas area. Check my review of TCCM; we lost THOUSANDS right off the bat. So, now comes American Asset. Here’s a partial checklist of outpoints we experienced:
~ poor advertising, bad tenants chosen, who leave, and you have a vacant. One of ours sat vacant for 2 months before we moved the management of it to OmniKey… who had it rented for top dollar within the week!
~ the ‘home inspection’ involved a drive by which was only done when we insisted on it, and changing the filter in the air con unit, for which we were charged!
~ The constant late charges not collected, but depleted over time from our ‘security deposit’… which means you have NO security deposit!
~ Calls difficult to transfer, everyone uses a different, non-​linked phone (I suspect everyone used their cell phone).
This company has now, as of fall 2014, morphed into Residential Management Accounting Corp. Same people, and they even use their old emails!
Here’s really what you need to know: don’t use them! We just switched over our remaining property, and the ease of dealing with the new company is remarkable.