Recently a prominent marketer of Cleveland rental properties and property management services named Bob Prisco was exposed for being less than honest in his business dealings and posting activity here on BiggerPockets. Bob went to the extreme extent of actually using an alias of Bob Stevens instead of using his real name, Bob Prisco.
We do not need to re-litigate the facts of his behavior and all of the other inconsistencies in his communications. All of those can be seen in the thread linked below.
Who is Bob Stevens AKA Bob Prisco and what's his involvement in Cleveland?
Having said that, another BiggerPockets member has discovered some new information that I find to be incredibly important information. I think it would be a disservice to all of the consumers who utilize BiggerPockets to learn and network with professionals and service providers to not have this new information given to them.
Bob Prisco (aka Bob Stevens) actually utilized a 2nd BiggerPockets profile from 2018 to 2020. You take all of the inconsistencies from the previous thread, combined with this 2nd BiggerPockets profile utilizing his real name and claiming a massive years of experience discrepancy. Wow. It's crazy to me that someone would buy a property halfway across the country from a man who appears to have lied and contradicted himself over his entire real estate sales career.
If a man lies about his name, how long he has been in business, and the very nature of his business, what else is he lying about?
Recently a prominent marketer of Cleveland rental properties and property management services named Bob Prisco was exposed for being less than honest in his business dealings and posting activity here on BiggerPockets. Bob went to the extreme extent of actually using an alias of Bob Stevens instead of using his real name, Bob Prisco.
We do not need to re-litigate the facts of his behavior and all of the other inconsistencies in his communications. All of those can be seen in the thread linked below.
Who is Bob Stevens AKA Bob Prisco and what's his involvement in Cleveland?
Having said that, another BiggerPockets member has discovered some new information that I find to be incredibly important information. I think it would be a disservice to all of the consumers who utilize BiggerPockets to learn and network with professionals and service providers to not have this new information given to them.
Bob Prisco (aka Bob Stevens) actually utilized a 2nd BiggerPockets profile from 2018 to 2020. You take all of the inconsistencies from the previous thread, combined with this 2nd BiggerPockets profile utilizing his real name and claiming a massive years of experience discrepancy. Wow. It's crazy to me that someone would buy a property halfway across the country from a man who appears to have lied and contradicted himself over his entire real estate sales career.
If a man lies about his name, how long he has been in business, and the very nature of his business, what else is he lying about?
I do not get it, honestly I do not get it. Why do you have to do this? What type of POS are you that you would do this to people....
Just got done reading the last thread. Great investigating. His comments always made me leery
Recently a prominent marketer of Cleveland rental properties and property management services named Bob Prisco was exposed for being less than honest in his business dealings and posting activity here on BiggerPockets. Bob went to the extreme extent of actually using an alias of Bob Stevens instead of using his real name, Bob Prisco.
We do not need to re-litigate the facts of his behavior and all of the other inconsistencies in his communications. All of those can be seen in the thread linked below.
Who is Bob Stevens AKA Bob Prisco and what's his involvement in Cleveland?
Having said that, another BiggerPockets member has discovered some new information that I find to be incredibly important information. I think it would be a disservice to all of the consumers who utilize BiggerPockets to learn and network with professionals and service providers to not have this new information given to them.
Bob Prisco (aka Bob Stevens) actually utilized a 2nd BiggerPockets profile from 2018 to 2020. You take all of the inconsistencies from the previous thread, combined with this 2nd BiggerPockets profile utilizing his real name and claiming a massive years of experience discrepancy. Wow. It's crazy to me that someone would buy a property halfway across the country from a man who appears to have lied and contradicted himself over his entire real estate sales career.
If a man lies about his name, how long he has been in business, and the very nature of his business, what else is he lying about?
I do not get it, honestly I do not get it. Why do you have to do this? What type of POS are you that you would do this to people....
I actually reached out to him just to phone chat as while he was arrogant and grating, he seemed to know what he was talking about.
Very arrogant and all-knowing over the phone, just rubbed me the wrong way.
Good detective work James. It's actually a shame this wasn't caught earlier IMO. So much really bad advice was disseminated on here over the years by this guy. Like "renting to section 8 tenants is actually really easy", "your agent is not on your team just connect with people like me doing hundreds of deals every day and use my team instead", that hood properties will have "15-25% net caps" for beginner out of state investors when in reality they will definitely lose money every month due to the rent not being enough $ to maintain a rental property, never mind all the tenant issues involved with this property class or the difficulty of managing them remotely... but he's done thousands of them just this week while sitting on the beach in Florida... Admins @Rene Hosman, is there any way to go back and delete all of the downright dangerous advice he gave to beginners over the years on here so that the forum archives aren't full of BS? BP should have a rule against giving terrible advice.
Recently a prominent marketer of Cleveland rental properties and property management services named Bob Prisco was exposed for being less than honest in his business dealings and posting activity here on BiggerPockets. Bob went to the extreme extent of actually using an alias of Bob Stevens instead of using his real name, Bob Prisco.
We do not need to re-litigate the facts of his behavior and all of the other inconsistencies in his communications. All of those can be seen in the thread linked below.
Who is Bob Stevens AKA Bob Prisco and what's his involvement in Cleveland?
Having said that, another BiggerPockets member has discovered some new information that I find to be incredibly important information. I think it would be a disservice to all of the consumers who utilize BiggerPockets to learn and network with professionals and service providers to not have this new information given to them.
Bob Prisco (aka Bob Stevens) actually utilized a 2nd BiggerPockets profile from 2018 to 2020. You take all of the inconsistencies from the previous thread, combined with this 2nd BiggerPockets profile utilizing his real name and claiming a massive years of experience discrepancy. Wow. It's crazy to me that someone would buy a property halfway across the country from a man who appears to have lied and contradicted himself over his entire real estate sales career.
If a man lies about his name, how long he has been in business, and the very nature of his business, what else is he lying about?
Hi James! This was indeed discovered by the BP team last week when all this information came to light.
I believe this situation was handled in a way congruent with BiggerPockets values and ethos - information was discovered, we gave the user in question an opportunity to respond publicly to the allegations, other members of the community chimed in to make comments and ask questions of their own, I made the decision to close the post because I believe many of the top viewpoints were discussed and I didn't want it to turn into shameless trolling with no additional value, that whole thread remains up for community members to view into the future for transparency and anyone who reads it can form their own opinions with the information presented. The user in question was subsequently banned from the forums for a second time, they reached out to me directly to dispute the ban but as of now the ban is still in effect for breaking the rules of the forums.
So as to not rehash everything here again this week I'm going to lock this post as well because I do feel that the information that needs to be available to the public to make informed decisions is out there, and I don't want this to turn into trolling with no educational value to the community. I will leave this post and the previous thread up for transparency purposes.
If you or anyone else has any comments or questions or if you feel like you have more insight that could be valuable in this situation please reach out to me personally here through PM or at [email protected]
Thank you all!!
Good detective work James. It's actually a shame this wasn't caught earlier IMO. So much really bad advice was disseminated on here over the years by this guy. Like "renting to section 8 tenants is actually really easy", "your agent is not on your team just connect with people like me doing hundreds of deals every day and use my team instead", that hood properties will have "15-25% net caps" for beginner out of state investors when in reality they will definitely lose money every month due to the rent not being enough $ to maintain a rental property, never mind all the tenant issues involved with this property class or the difficulty of managing them remotely... but he's done thousands of them just this week while sitting on the beach in Florida... Admins @Rene Hosman, is there any way to go back and delete all of the downright dangerous advice he gave to beginners over the years on here so that the forum archives aren't full of BS? BP should have a rule against giving terrible advice.
Good question Steve
I made the choice to leave up the posts, if there's something that seems like grave misinformation please do reach out to me and let me know. Otherwise, all of the comments I read when I did spot checks seemed appropriate even if they're not conventional suggestions. The only posts that were removed were posts that broke the rules like self promotion.
I think it's important that the forums remain a place where different viewpoints can be expressed and discussed in an informative way. The user in question is not the only one to express sentiments like "Section 8 tenants are actually really easy", that's an opinion that is not unique to one single person. Is it true for everyone all the time? Perhaps not. Can you disagree with that opinion? Absolutely!! In fact if you disagree with some of these comments, I would highly encourage you to reply to them with your own experiences and opinions as well. And then everyone can make their own judgement with the information presented
That's what makes our community here so great, the diversity of experiences and opinions, and allowing anyone free access to see and participate in the discourse and make their own opinions!