All Forum Posts by: Bob Prisco

@Calvin Thomas this is why we do 95% government tenants . Also loans n taxes have to be paid in OH as well 

Good luck 

@Michael Thach 1st month rent , last month, and security deposit 

@Kevin Hill sure it is . all they have to do is connect with a team that has done 100s and 100s and 100s of deals, handles everything and provides rental props with net caps of 10 +++ and is looking out for you .  Its all about knowledge and your team. Now buying a property from a realtor that does not care about anything except closing and getting paid, is a bad idea. Plenty of opportunities out there. I just bought a 6 unit that will be about 28% NET cap,,,,, Plenty of room for error ,

All the best 

@Pedro Jean what does Cov have to do with investing in other markets ? 

Good Luck 

@Pedro Jean find another market, cant charge 1st last and SD, CRAZY, ! 

@Celia Moore Cleveland of course , best rental market in the country for the last 10 years. 

Good Luck 

@Pedro Jean yes , no credit does not mean bad credit. Simply get 1st last and SD, or more if you can

Good Luck 

@Nate B. do not touch it ! You have zero experience in the area and you want to take on a 100k rehab are you kidding!!!  There is a reason why it is has not sold . You need to find a team that will protect you , allow them to handle all you do zero. There are 10 -14% net caps out there with built in equity 100% hands off. Its all about knowledge and your team

Good Luck 

@Michael Thach well bad PM co, its all about screening , but must move forward. 1st thing, serve the tenant, ( also bouncing checks is a crime )  speak with the tenant . If the tenant is a low life  ( harass the hell out of them ) then  them. Also where is the 1st last and SD ? 

Good Luck   

@Kevin Hill if buying a rental who cares about up or down 10 -15 20% Its all about cash flow and it always comes back. As long as you are getting the ROI you want, ( for me its 20% net +++ ) then who cares. Also buying props at a discount helps. Me I am buying as many as I can as are my clients,

Good Luck