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All Forum Posts by: Tricia O'Brien

Tricia O'Brien has started 91 posts and replied 246 times.

Post: Looking for recommendations of a realtor - Muncie IN area

Tricia O'BrienPosted
  • Investor
  • Anchorage, AK
  • Posts 251
  • Votes 72

Hello Everyone,

Can anyone recommend a realtor who works in the Muncie IN area? I own property there and would like to get comps. Any replies would be appreciated!

I'd like to bring this old post back to life with a new question...if you hire a realtor to do a tenant placement service, should I expect that person to coordinate any work that needs to be done to get it ready for a new tenant...like find and coordinate painting, someone to replace carpet in one bedroom, do general cleaning, mow the law, etc  or  is it more standard to turn it over to the realtor in "rent ready" condition?  I  have one property 3,000 miles away  and am having a hard time finding someone willing to coordinate the repair work for the empty house and do the tenant placement too. Any input would be appreciated!

Post: Property Management recommendations in Stockton California

Tricia O'BrienPosted
  • Investor
  • Anchorage, AK
  • Posts 251
  • Votes 72

Hello Mark,

I own rental property in Modesto California, and I used a company called Greengate Property Management in Modesto which I  had a lot of problems with. I would not recommend them if they do business in Stockton. Unfortunately, I don't know who is good in Stockton for property management.  If you can't find any recommendations from folks on Bigger Pockets, try joining a facebook group for real estate investors in Stockton and ask people on that forum. Most large cities / counties like Stockton have a facebook group for real estate investors.  Good luck!!

Post: Kokomo Indiana Property Management?

Tricia O'BrienPosted
  • Investor
  • Anchorage, AK
  • Posts 251
  • Votes 72

@Frank Hinck

Thanks Frank I will check out Moxie Properties!

Post: Eviction Moratorium expiration dates?

Tricia O'BrienPosted
  • Investor
  • Anchorage, AK
  • Posts 251
  • Votes 72

I am trying to get caught up on what the current deadlines are for the eviction moratoriums due to COVID.  Does the CDC eviction moratorium expire June 30, 2021?  I own one rental property in California and one in Indiana.  Can anyone tell me what is going on with California's eviction moratorium...is it still in place? If so, when is it set to expire?  Does Indiana have it's own eviction moratorium as well?  Thanks in advance!

Post: Kokomo Indiana Property Management?

Tricia O'BrienPosted
  • Investor
  • Anchorage, AK
  • Posts 251
  • Votes 72

My experience with CRM Properties was fairly negative.  Feel free to send me a direct message if you like.

Post: New Administration Hostile Towards Landlords?

Tricia O'BrienPosted
  • Investor
  • Anchorage, AK
  • Posts 251
  • Votes 72

@Brando DeVega  Hello Brandon, That's a very interesting idea about the "One-Shot Deal" for the rent arrears.  What do you mean by the abbreviation H.R.A. ?  Is that short for the county housing authority?   Would the one shot deal work for a landlord that just kicked them out?

I recently evicted a tenant for some non-financial violations.  They moved out on Jan 8.  Thankfully , there was no vandalism. Yippee!!  But they owe me 3 months and 8 days rent.  And they stole one piece of furniture.  If I could convince them to apply for the one-shot deal, do you think public assistance would give it to them with me being an ex-landlord?  They do get Medicaid and Food Stamps so they are familiar with the public assistance office.  They were a cash paying tenant at the time of the eviction.

The tenant is still willing to communicate with me by email, so maybe I could convince them to do this  "One Shot deal" in exchange for  me not  hassling  them and their social worker about the furniture they stole. Thanks 

Post: Contractor Needed in North Indy / Fishers

Tricia O'BrienPosted
  • Investor
  • Anchorage, AK
  • Posts 251
  • Votes 72

Can anyone recommend a contractor who is based in North Indy or Fishers? I am looking to get a front exterior staircase rebuilt and landing / back steps installed at a SFR so it would probably one to two full days of work. Any replies would be appreciated!

Can anyone tell me the details about the exemption for owners who own no more than 2 properties with Prop 15?  I currently own 1 rental home in California and one in Indiana so I believe , if Prop 15 passes, it would not apply to me.  However, if I buy a second rental home in  Indiana  ( so I own 3 total) could I potentially be required to comply with the Prop 15 rent control on my California home if Prop 15 passes?  Thanks!

@Curtis Harrison

My experience has been that a lot of property managers are not worth what they charge , and they do not really protect you from liability.  But if you can find that rare good one, they can give you some peace of mind.  Since you are local to the property and do a lot of repairs yourself, you could probably self manage...especially if you found a property management company that would do a tenant placement service when it becomes vacant and you need to find a new tenant.   In the Indianapolis , Indiana area, to have an attorney handle an eviction is  about $300 for the attorney's fee and then about $180 in court costs.  Some property management companies tack on a fee of several hundred dollars to handle an eviction ...it will usually be in the contract if they do.  If you had low end rentals, like single family homes that rent for $500-$800/month, having a property manager is usually more important than something more expensive like the $1950/mo rental that you have.  Be sure you have liability insurance on your property that covers you as the owner for at least $500,000 per incident and at least $1,000,000 per year in case your tenant tries to sue you. There's lots of help here on BP to help you navigate the "murky waters"! Best of luck to you.