Thanks to Quentin Kearney of Results Property Management, Results Real Estate, Results Investments in Kansas City, Missouri, we seem to have strong proof that it doesn’t pay to implicitly trust your property manager because he may, in fact, have a smidgin of an ethical problem when it comes to actually doing the work he bills for. Of course, to our way of thinking, a small ethical problem is the same as a big one – this type of behavior doesn’t come in degrees. Since we have long advocated for our income property investors to consider using property management, thus freeing themselves up to look for more real estate deals, it saddens and outrages us to find that, apparently, there’s a Midwestern gentleman who can’t be trusted as far as we could throw him. We’re not sure about his on and off business partner Ken Logan yet either, more evidence has been requested but not adequately provided by either of these men.
Is Quentin Kearney running a scam in the Kansas City metro area with a shell maintenance company that bills for maintenance it didn’t actually perform? Results Property Management seems to have been an unfortunate choice. The facts seems to say that trusting Kearney’s property management practices was a big mistake. Let’s take a closer look and, BTW, feel free to jump in here any time and offer a rebuttal, Quentin, you’ve been offered the opportunity many times but all we get is essentially ‘no comment’ from you.
Jason became suspicious when he noticed maintenance bills from his Kansas City area property holdings coming across the desk that looked strange. Strange in what way? What initially caught his eye was a lack of detail about services provided. Exhibit A is an invoice with “garbage disposal service call” and a bill for $60. That’s it. Allegedly this work was performed by Metrowide Building (what seems to be a company that just creates invoices) but there were a few issues that caught Jason’s eye.
1. No reference to unit number or property address
2. No signature by a Metrowide employee
3. No tenant signature verifying the work was done
4. No details at all other than the “garbage disposal service call” phrase
Calls from Jason to Quentin’s management company eventually managed to uncover the fact that the illustrious Mr. Kearney also owns Metrowide Building (why didn’t Mr. Kearney disclose this conflict of interest?), which appears to an outsider looking in as nothing more than a shell company created for the express purpose of cranking out maintenance bills for work possibly never done, overcharged, unnecessary or all of the above. This behavior, if true, looks like fraud, plain and simple, IMHO. In case you were wondering, fraud is still illegal in the United States of America. After further prodding from Jason, additional information trickled out that all of Metrowide’s work is subcontracted out. The company itself has no employees. More questioning resulted in a Three Stooges-like group huddle that came to the conclusion that some guy named ‘Al’ had done the work.
Al?
Yes, Mr. Hartman, his name was Al. No last name, no company name, no receipt, no invoice, no work order, no contact info – nothing. Lest the gentle reader think that all this hullabaloo occurred over a single renegade garbage disposal unit, there was a whole string of suspicious billings regarding HVAC, pet odor treatment (which should have been the tenant’s responsibility), and more.
Apparently Mr. Kearney also manages the local Homeowner’s Association (HOA) with similar suspicious tactics and has, so far, ignored Jason’s request, as a property owner covered by the organization, to provide copies of meeting minutes, names of people on the board, and a breakdown of the HOA budget. As far as business tactics go, at least Mr. Kearney is consistent. He’s been invited on The Creating Wealth Show, at his convenience, to provide answers about Metrowide Building’s apparently fradulent billing but, thus far, has refused to respond to the invitation.
Meanwhile, Mr. Kearney has spoken to Jason through an attorney, Nick Porto, threatening to file a lawsuit for “numerous inaccuracies” unless certain statements were withdrawn. Jason gladly responded in the affirmative, agreeing to do just that but, tell us, Mr. Porto and Mr. Kearney, exactly which part of our depiction of your apparent shell company billing scam is inaccurate? Does Ken Logan have any information about this? So far, not a word from anybody at Results Property Management, LLC.
Meanwhile, we’d like to advise any and all property owners in the Kansas City metro area to steer clear of Quentin Kearney, Results Property Management, and Metrowide Building. We’ll keep you apprised of developments.
We’d like to end this article by asking: Has anyone seen Al, the mystery repair man?
