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All Forum Posts by: Michael Swan

Michael Swan has started 14 posts and replied 1095 times.

Post: Pay off student loans or invest ?

Michael SwanPosted
  • Rental Property Investor
  • San Diego, CA
  • Posts 1,161
  • Votes 2,122

Hi @Gervon Thompson

Feel free to message me to talk more.

Swanny

Post: Realtor slowing me down

Michael SwanPosted
  • Rental Property Investor
  • San Diego, CA
  • Posts 1,161
  • Votes 2,122

Hi @Dov Klitnick

That was in Mentor Ohio a community that I always wanted to find a good deal and Brokers were not bringing me any.  I may start to do that again on Facebook and on Craigslist again.  Remember, it ONLY takes one owner thinking of selling to call you!!

If you change the way you look at things and the things you look at change right before your eyes!!

Swanny

Post: Recommendations on buying long distance rentals

Michael SwanPosted
  • Rental Property Investor
  • San Diego, CA
  • Posts 1,161
  • Votes 2,122

Hi Frankie,

This is Swanny.  I am an investor and have 230 units primarily in NE Ohio, Lake County.  Make sure you buy based on cash flow!! Many out here on BP are trying to get people from your neck of the woods to invest in this area.  If you don’t have a good trusted team, there are so many landmines to step on it is crazy!! Anyone interested in investing buyer beware and make sure you get advice from investors that have invested in the area you want to invest in.

Feel free to message me!! That goes for anyone that needs advice!!

Swanny

Post: Realtor slowing me down

Michael SwanPosted
  • Rental Property Investor
  • San Diego, CA
  • Posts 1,161
  • Votes 2,122

@Dov Klitnick

You are going to laugh!! However, I got my last deal simply by placing a Craigslist ad saying, “Swanny will buy your place for a GREAT price!!

No joke!! It ONLY takes one!!

Swanny

Post: The National Eviction Freeze was just Extended Through June 2021

Michael SwanPosted
  • Rental Property Investor
  • San Diego, CA
  • Posts 1,161
  • Votes 2,122

@Mark Frattini

That’s why I left liberal Democrat run cities to invest in conservative landlord friendly cities. We have evicted all the scamming dead beats that thought this CDC eviction moratorium exempted them from paying. Plus, the government money is starting to trickle in and the few we have left have had the government pay all money owed back to us. Feel free to message me to talk about this. I love helping people!!

Swanny

Post: Newbie needs advice...about to close next week.

Michael SwanPosted
  • Rental Property Investor
  • San Diego, CA
  • Posts 1,161
  • Votes 2,122

@Greg Galustian

Hi Greg,

Congrats on your initiative!!

Now just make sure after you fix it up you have about $20,000 in reserves for when Murphy’s law rears his UGLY head it is not if, but when.

Swanny

Post: Starting My Real Estate Portfolio

Michael SwanPosted
  • Rental Property Investor
  • San Diego, CA
  • Posts 1,161
  • Votes 2,122

@Ryan DiCanio

Hi Ryan,

This is Swanny from Podcast 238z I have been in San Diego since 1978 and am originally from Glen Ellyn, in Illinois too. Maybe you should think about investing in areas that rents are about $1,000-$1200.00 a month in strong Blue Collar neighborhoods. That’s what I did in pricey San Diego to get started and now have 230 front doors as a lowly paid Catholic School PE teacher and I told my story on BP Podcast 238. Feel free to reach out to me for advice. If I can do this, anyone can!! That goes for anyone on BP.

YOU CAN DO IT!!!!

Swanny

Post: Pay off student loans or invest ?

Michael SwanPosted
  • Rental Property Investor
  • San Diego, CA
  • Posts 1,161
  • Votes 2,122

@Gervon Thompson

You know what to do!! Live like no one else now, so you can live like nobody else later. Live in rice and beans, pay off debt and get as far away from ZERO as you can!! Then build up your financial freedom account to about $75,000 and then start thinking about RE.

You are young!! What is your second or third job to get you back to Zero faster?

Feel free to message me. I love this stuff!!! That goes for everyone here!!!

Swanny

Post: Top Markets in Ohio 2021

Michael SwanPosted
  • Rental Property Investor
  • San Diego, CA
  • Posts 1,161
  • Votes 2,122

@Bradley Halvorson

I have 230 units primarily in NE Ohio, Mentor and Painesville, Ohio. Listen to podcast 238 to see how I did it!! Feel free to message me. I am an investor and I am not selling you anything and love to help.

If I can do it, you can do it!!

Swanny

Post: Property Management companies

Michael SwanPosted
  • Rental Property Investor
  • San Diego, CA
  • Posts 1,161
  • Votes 2,122

Hi all,

This is Swanny from Podcast 238.  I have over 230 units presently and I can attest that if you want a passive investment, invest in other people’s deals that have systems and procedures in place!!  

For my properties in Euclid, Mentor, Painesville and Akron, Ohio I try to stack the cards in my favor and my family and friends that invested with me too!! 

I have ZERO vacancies at the moment and I keep it that way!!   I place ads on Facebook Marketplace Free and prelease any that have given 30 day notice to vacate at the end of their lease.  I get 1,000-2,000 views a week and copy and paste messages like this to them, when they ask if it is available!! 

Yes!! The current resident has purchased a house and is moving out end of April. You need to make $2100 a month, before deductions and NO evictions. We do a background check too and we check your rental history. We require pay stubs too. Hurry this one will go fast!!

Call (INSERT PROPERTY MANAGEMENT OR LEASING AGENTS NAME HERE)
Leave a voicemail and a text message and he will get back to you as soon as he can!! I ONLY place the ads. Call and text the number below.  I ONLY place the ads.  Please call the number below, leave a voicemail and a text message and they will get back to you as soon as they can.  Thank you for your interest in becoming a resident at Corwin Apartments!!  Hurry this one will go fast!!!

(Insert name and phone number here)

My PM doesn’t like this, due to their voicemail being full and held hostage.  I don’t care!! It is not their money.  It is mine and my family and friends money.  I protect it like a little pit Bull!!  Feel free to message me to talk more.  I love this stuff!!

Swanny