Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: James Wise

James Wise has started 2836 posts and replied 27422 times.

Post: I need help finding cheap insurance

James Wise#4 All Forums ContributorPosted
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
  • Posts 28,570
  • Votes 19,652
Quote from @Elvin William:

Hello, I have four property in Toledo area. My monthly payment for insurance each went up by $150 each a month out of nowhere. I had these property for less than 3 years. I need help finding cheap insurance for my property. Any help will be helpful. It's killing me with my cash flow. Thanks.


 HoltonWIse insurance my man. We only do investor insurance policies so I can almost guarantee you I can beat anyone's price. CLICK HERE to get a quote.

Post: Value tenant occupied

James Wise#4 All Forums ContributorPosted
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
  • Posts 28,570
  • Votes 19,652
Quote from @Cameron Porter:

Is it normal for the purchase price on a tenant occupied property to be more versus that same property vacant. At fair market value


 Probably not no. There is no real value in a tenant being in a property vs the same property being in the same condition without one in there. It's not hard to find a new tenant. One can argue most buyers would prefer to find and screen their own tenant as opposed to inheriting someone else's tenant. In fact, we've done 100's and 100's of evictions at HoltonWise and the vast majority of those evictions (prolly 90%+) have been inherited tenants. 

Post: No more Free Rides for Tenants in Toledo

James Wise#4 All Forums ContributorPosted
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
  • Posts 28,570
  • Votes 19,652

When you're living in a $1,200/mo house for $800/mo life is pretty good. However, when the landlord is footing the bill, the free ride's gotta stop someday. During this episode of The Investment Properties For Sale Show the HoltonWiseTV crew is presenting investors with the opportunity to buy a single family rental in Toledo, Ohio. This property has a long term tenant who is paying way below market rent. Close to $5,000 is being left on the table with this low rental rate. As such, this property is being sold at a steep steep discount. Subscribe to HotlonWiseTV for more great deals like this one in Toledo, Ohio.

No more Free Rides for Tenants in Toledo | Investment Properties For Sale - 3149 Elm

CLICK HERE TO WATCH THE VIDEO

___

___

___

After you buy the property from me, you'll want to reach out to @Engelo Rumora and the rest of the Oz Realty team for your property management.

Post: Best Detroit Suburbs for Real Estate Investors: Hazel Park

James Wise#4 All Forums ContributorPosted
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
  • Posts 28,570
  • Votes 19,652

Detroit, Michigan is one of the most popular cash flow markets for out of state real estate investors. The reason for this is the incredibly high rental demand combined with the extremely low purchase price of housing in Detroit. However, one thing the locals know that not many out of state investors know is the fact that there are even better deals in the Detroit suburbs than there are in the city of Detroit. Go to LogicalPM.com to use a free interactive map to learn all about the investing opportunities in the entire Metro Detroit region.

Best Detroit Suburbs for Real Estate Investors: Hazel Park | HoltonWiseTV Highlights

CLICK HERE TO WATCH THE VIDEO

___

___

___

If you're looking for a property manager in Detroit, look no further than Logical Property Management. Metro Detroit’s Most Innovative & Transparent Property Management Company. Check them out at LogicalPM.com, or reach out to @Drew Sygit right here on Bigger Pockets.

___

___

___

Post: I don't care if the Market is up or down. I'll make Money in Orlando

James Wise#4 All Forums ContributorPosted
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
  • Posts 28,570
  • Votes 19,652

The housing market goes up. The housing market goes down. It doesn't matter to Rent To Retirement CEO Zach Lemaster. No matter what the housing market in Orlando, Florida is doing, Zach's going to find a way to make money investing.

I don't care if the Market is up or down. I'll make Money in Orlando | HoltonWiseTV Highlights

CLICK HERE TO WATCH THE VIDEO

___

___

___

Are you interested in buying a no money down deal in the Orlando market?

Take a look at the video below.

We're Doing No Money Down Deals in Orlando | Investment Properties For Sale - 34759 Silvergrass

CLICK HERE TO WATCH THE VIDEO

Like what you see in the video from my buddies at Rent To Retirement? You can hit up @Zach Lemaster here on BP, text REI to 33777, or you can reach out to the rest of the Rent To Retirement team on their website or any of their Socials below.

RentToRetirement.com

BiggerPockets

YouTube

LinkedIn

Facebook

Instagram

Twitter/X

TikTok

Post: Why Novation Are Better Than Wholesaling

James Wise#4 All Forums ContributorPosted
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
  • Posts 28,570
  • Votes 19,652
Quote from @Ken M.:
Quote from @James Wise:
Quote from @Jay Hinrichs:
Quote from @James Wise:
Quote from @Jay Hinrichs:
Quote from @James Wise:
Quote from @Dawson Brewer:

Here’s why I’ve started using novations over wholesaling.

1. Sellers Get More Money

With wholesaling, sellers often need to take a low cash offer. With novations, I can offer closer to market value by selling to retail buyers, making it easier to get deals accepted.

2. Bigger Assignment Fees

Instead of selling to investors looking for steep discounts, I market to end buyers willing to pay market price. This means I make more per deal than a typical wholesale assignment.

3. No Double Closings or Hard Money

Since the seller stays on title, I don’t have to use hard money or worry about double closing fees. I just facilitate the sale and collect my fee at closing.

4. More Buyers, Less Competition

Wholesaling relies on a limited pool of cash buyers. Novations open up the MLS and conventional financing, bringing in a larger pool of buyers and reducing competition from other wholesalers.

5. Easier to Scale

With less reliance on deep-discount deals and cash buyers, I can scale novations faster than traditional wholesaling.

Final Thoughts

I’m not saying wholesaling is dead, but novations have helped me close deals I would’ve lost before. Anyone else using novations? What’s been your experience?


 What in the holy hell is a novation?


its just another method of flipping a contract..  

 So wholesaling but we changed the name?


basically you can google the definition.  there are some guru's teaching it these days.

 lol..........I should have known that this nerd would be involved with this B/S.

On one video he says he has stopped doing novations because they are in the grey area. I think he may have heard from a legal department. ;-) He doesn't stop doing something unless it's by legal notice.

 lol he's such a grifter....

Post: Why do we Buy Section 8 Properties in Cleveland?

James Wise#4 All Forums ContributorPosted
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
  • Posts 28,570
  • Votes 19,652

Section 8 investing in Cleveland isn't always pretty. Section 8 housing in Cleveland isn't always easy to manage. But, Section 8 properties in Cleveland always have great numbers. During this episode of The Investment Properties For Sale Show the HoltonWiseTV team is taking investors on a tour of a Section 8 house in Cleveland that's got a massive government guaranteed rent roll for an incredibly low price. Subscribe to HoltonWiseTV for more great Section 8 real estate deals in Cleveland, Ohio.

Why do we Buy Section 8 Properties in Cleveland? | Investment Properties For Sale - 2997 Nursery

CLICK HERE TO WATCH THE VIDEO

___

___

___

Don't spend $1,000's & $1,000's on a Mentors, Wholesaling Courses, Section 8 Gurus, or overpriced Turnkey Programs when you can get mentored by a cash flow investing expert for less than the cost of a Beer.

___

___

___

CLICK HERE TO GET STARTED FOR AS LOW AS $4.99/MO

___

___

___

Do you want to get started investing in real estate?

Do you want to learn how to make money with rental properties?

Do you need help figuring out your next steps?

Do you wanna make a whole bunch of money investing in Section 8 properties?

Do you wanna learn how to make more money out of state than your friends who only buy turnkey properties?

Do you need a mentor who will teach you?

Do you need a coach who will hold you accountable?

Do you want someone to show you how the business really is without all the get rich quick fluff?

Do you want to skip all that Guru crap and see how the business really works?

___

___

___

CLICK HERE TO GET STARTED FOR AS LOW AS $4.99/MO

___

___

___

- Do you want 1 on 1 Daily Coaching & Q&A with James Wise?

- Do you want 1 on 1 Weekly Coaching & Q&A with James Wise?

- Do you want Access to Seller Financed Single Family Houses?

- Do you want Access to Seller Financed Multi Family Properties?

- Do you want Access to Seller Financed Apartment Buildings?

- Do you want 15% off all HoltonWiseTV Merchandise For Life?

- Do you want Access to 1,000's of VIP Member Analysis videos?

___

___

___

CLICK HERE TO GET STARTED FOR AS LOW AS $4.99/MO

___

___

___

Post: We're Raising $3M — What's the BEST Way to Do It Without a Steakhouse Dinner?

James Wise#4 All Forums ContributorPosted
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
  • Posts 28,570
  • Votes 19,652
Quote from @Robert Ellis:
Quote from @James Wise:
Quote from @Robert Ellis:
Quote from @James Wise:
Quote from @Robert Ellis:

We're gearing up for a $3 million raise for a ground up development in Columbus Ohio and actively exploring various fintech platforms for syndications. While traditional steakhouse meetings have their charm, we're focused on leveraging digital tools to streamline the process.

For those experienced in remote capital raising — what platforms or strategies have you found most effective? Are fintech solutions, LinkedIn outreach, or professional memberships delivering the best results for you? 

 Your alias Kyle Stroker seems like he's got more than enough money Rob. Seeing as you and Kyle Stroker are one in the same, why do you need to raise all this money?

I think you'll find that not using a fake identity will get you a lot further in the business than Steak Dinners, Fintech Solutions or LinkedIn Outreach ever will.

___

___


Dear James,

I am writing to formally address the ongoing situation regarding your recent conduct, which I believe has crossed professional boundaries. I have documented multiple instances of what I consider to be cyberbullying and unprofessional behavior directed toward me.

As a licensed real estate broker, you are held to a higher standard under the guidelines set forth by both the Ohio Division of Real Estate and Professional Licensing and the National Association of REALTORS® (NAR) Code of Ethics. Unfortunately, your recent actions appear to contradict those standards.

In light of this, I am preparing to take the following steps:

  1. Filing a Formal Complaint with the Ohio Division of Real Estate and Professional Licensing outlining the details of your conduct.
  2. Submitting an Ethics Complaint with the Akron Cleveland Association of REALTORS® (ACAR) should you be a member, to address the breach of ethical standards.
  3. Should this behavior persist or escalate, I will also explore legal options to ensure this matter is handled appropriately.

I would prefer to resolve this matter amicably. If you wish to discuss this situation before these steps are finalized, I am open to a conversation in the interest of finding a constructive solution.

Please consider this letter a formal notification of my concerns and intended actions. I hope this can serve as an opportunity for us to address this issue professionally and appropriately.

 

 Who's filing these complaints? Robert Ellis or Kyle Stroker?


 careful buddy let's read the terms and conditions for biggerpockets: 

You also agree that BiggerPockets, in its sole discretion, may terminate your password, account (or any part thereof), or access to or use of this Site for any reason, including for lack of use or if BiggerPockets believes that you have violated or acted inconsistently with the letter or spirit of these Terms of Use. You agree that any termination of your access to or use of this Site under any provision of these Terms of Use may be effected without prior notice, and acknowledge and agree that BiggerPockets may immediately deactivate or delete your account and all related information in your account or bar any further access to this Site. Further, you agree that BiggerPockets shall not be liable to you or any third party for any termination of your access to or use of this Site.

you wouldn't want to lose a 28k post acct would you? 

 Robert / Kyle.

Don't change the subject. You are here online trying to solicit BiggerPockets members for millions of dollars in investments while using two different identities online.

You need to explain yourself.

Who are you? Are you Robert Ellis or are you Kyle Stroker? This is a very legitimate question and you owe the community an answer.

Ya know a guy named Bob Prisco / Bob Stevens actually had his BP account terminated for using a fictitious identity not to long ago.

What's the story Robert Ellis / Kyle Stroker?

Post: We're Raising $3M — What's the BEST Way to Do It Without a Steakhouse Dinner?

James Wise#4 All Forums ContributorPosted
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
  • Posts 28,570
  • Votes 19,652
Quote from @Robert Ellis:
Quote from @James Wise:
Quote from @Robert Ellis:

We're gearing up for a $3 million raise for a ground up development in Columbus Ohio and actively exploring various fintech platforms for syndications. While traditional steakhouse meetings have their charm, we're focused on leveraging digital tools to streamline the process.

For those experienced in remote capital raising — what platforms or strategies have you found most effective? Are fintech solutions, LinkedIn outreach, or professional memberships delivering the best results for you? 

 Your alias Kyle Stroker seems like he's got more than enough money Rob. Seeing as you and Kyle Stroker are one in the same, why do you need to raise all this money?

I think you'll find that not using a fake identity will get you a lot further in the business than Steak Dinners, Fintech Solutions or LinkedIn Outreach ever will.

___

___


Dear James,

I am writing to formally address the ongoing situation regarding your recent conduct, which I believe has crossed professional boundaries. I have documented multiple instances of what I consider to be cyberbullying and unprofessional behavior directed toward me.

As a licensed real estate broker, you are held to a higher standard under the guidelines set forth by both the Ohio Division of Real Estate and Professional Licensing and the National Association of REALTORS® (NAR) Code of Ethics. Unfortunately, your recent actions appear to contradict those standards.

In light of this, I am preparing to take the following steps:

  1. Filing a Formal Complaint with the Ohio Division of Real Estate and Professional Licensing outlining the details of your conduct.
  2. Submitting an Ethics Complaint with the Akron Cleveland Association of REALTORS® (ACAR) should you be a member, to address the breach of ethical standards.
  3. Should this behavior persist or escalate, I will also explore legal options to ensure this matter is handled appropriately.

I would prefer to resolve this matter amicably. If you wish to discuss this situation before these steps are finalized, I am open to a conversation in the interest of finding a constructive solution.

Please consider this letter a formal notification of my concerns and intended actions. I hope this can serve as an opportunity for us to address this issue professionally and appropriately.

 

 Who's filing these complaints? Robert Ellis or Kyle Stroker?

Post: Miami is a Spanish speaker's world

James Wise#4 All Forums ContributorPosted
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
  • Posts 28,570
  • Votes 19,652
Quote from @Derek Green:

How did I just get flamed by a dude from AKRON 😭


 You're prolly getting flamed by people in Miami too bro.....They're just doing it in Spanish so you don't notice.