San Francisco TIC Financial Services

Customer Service

This will be an ongoing review as we have just contracted San Francisco TIC Financial Services and I have yet to fully arrive at an opinion.

I will adjust it up or down and provide additional relevant commentary as I have more information.

Firstly, the only other review, 5-star review is by the owner, Theo, passing himself off as a customer.

I don’t have a problem with owners writing their own reviews, however, they should disclose that in the review itself, which is quite clearly not done in this instance.

Passing yourself off as a customer instead of a business owner seems rather misleading, biased and not in the spirit.

The good We are a new TIC and SF TIC Financial Services set us up quickly.

None of us had ever lived in or managed a TIC. Naturally, we were confused with the financial management aspect of running it and we were able to quickly turn to Theo for help. Kudos there.

He set us up rapidly and gave us the right instructions based on our reserve study/budget and initial deposits.

He manages our bank account, bills each unit monthly and makes sures all of our services; water, maid, electric and taxes are paid in a timely and reliable manner.

We pay a monthly fee of $180 for six units or $30/unit or $2160 annually, plus start-up costs which I will add to the review.

What was great about this, is that we had to do nothing ourselves.

Theo is very responsive, competent, confidence engendering and helpful.

If that were the end of the story I would give him a 4- or 5-star rating.

The bad I wanted to get a copy of our budget in Excel or Google Spreadsheets, so I could make my own financial projections.

For this, I was told that we would have to pay an extra $35/monthly fee for “additional reporting”.

For that price, I could certainly fat-finger the numbers into a spreadsheet myself.

I was told that this is a very complicated and time consuming process in QuickBooks.

I am not a QuickBooks maven, so I can’t really back up my statement that I find this claim highly dubious that it’s such an effort to output an Excel or CSV file.

I am torn on rating this business. I think the annual fee of $2160 is rather high for what is basically a budgeting and bill paying service (and not an accountancy service).

If simple requests such as getting copies of our bills and budgets in Excel as opposed to pdf were met with “can-do” instead of an “up-sell” fashion, I wouldn’t hesitate to give this service a three- or four-star rating.

I still may revise my rating and rate it such depending on how the rest of the year pans out.

Knowing what I now know, I would keep track of the information myself and hire an accountant at the end of the year to reconcile the books.

Is San Francisco TIC Financial Services a scam?
San Francisco TIC Financial Services is a scam and a bad service provider as per the report filed on dirtyscam.com. They are not aggressive towards their customer satisfaction and complaint grievance.
Is San Francisco TIC Financial Services legit?
First San Francisco TIC Financial Services is not a legit business owner or provider. You must take necessary precautions/measures before buying or using their services.
How many reviews are submitted by San Francisco TIC Financial Services’s consumers?
There is/are 3 review(s) posted about San Francisco TIC Financial Services and it indicates that the severity of the scam is High.
Where is San Francisco TIC Financial Services located?
San Francisco TIC Financial Services is located at San Francisco, CA 94133, USA. You can contact San Francisco TIC Financial Services by dialing (415) 912-0582 or visit their website sfticservices.com before filing a lawsuit. We are no way affiliated with better business bureau or yelp reviews platform.
How much monetary loss is incurred by San Francisco TIC Financial Services’s customers?
According to the report(s), US $4553 was the total loss incurred by San Francisco TIC Financial Services’s customers.
The reviews, complaints and scams about San Francisco TIC Financial Services are deliberately written by anonymous. We, at Dirty Scam are not liable for the content written about San Francisco TIC Financial Services. If you have any issue with San Francisco TIC Financial Services incident report, Please contact the author of this complaint directly, as we are not obligated to remove the complaint.

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3 reviews on San Francisco TIC Financial Services

  1. Alex Graves

    Not Good to know.

    They just finished calculating our property tax shares, didnt know you have to keep the sellers in mind also as we changed ownership of one of the units during the year. Not Good to know.

  2. John Cina

    He knows what he is doing

    The books were a mess when we moved in. This guys knows what he is doing and we got a better budget out of it as well. Very punctual and responsive. Takes care of our 5 unit on Pine. Just received the first property tax calculations from this guy and no surprises. I think that is a good thing. He knows what he is doing

  3. Pine Harris

    Highly recommend these guys.

    We’ve been clients for almost 2 years now and are extremely happy with the service we get when we need it. This is property tax time and the new rates were quickly incorporated, the calculations presented and agreed to. This guy has an eye for detail and a very personal approach. Highly recommend these guys.

Reviews:3
Reported Loss :4553 $
Severity of Scam :High
Reported by : Anonymous
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