Losing faith in real estate - eviction, repairs, PM disaster

[Joe Kim]

Looking for rehabber in Indianapolis for help!   I have a bad eviction with lots of damage in my Indy home.

I'm going through 3 evictions in the last 3 months

#1 Chicago property 5bed/2ba, 2000sqft with about $4200 in repairs  - $3000 just for interior painting

#2 Indianapolis 4bed/2.5 ba, 1550 sqft home with estimates of $5000 by first property management and then I switched property management to find estimate balloon to $12,000+ for similar repairs.   Biggest cost is $4080 for interior pain on a 1550 sqft home

Paint job - old PM $1700,  current PM $4000+

replace window blinds - old PM $108, current PM $270

every comparison is the same, price is nearly double on every item with the new PM I just switched over to.

Does anyone have a recommendation for home flipper or rehab guy or general contractor who can make this disaster into something more reasonable?

thank you,

joe 

[Charlie DiLisio]

Sounds like you have lost control of the property. Your property manager is taking advantage of you because you are out of town. I would go personally to the property and assess it yourself. Check with the local REIA and get some input from the locals. Why so many evictions? Are the renters vetted? Sounds like the property manager is skimming as well. I wish you the best but take charge and be serious or you will lose it all. You got this.