Stop analizing and do it already !!

[Bob Prisco]

Hello all, so many reach out to me and say, Bob I want to learn about the market in Cleveland and get involved. Well when I provide exactly what they ask for and in most cases a better ROI, they still analyze things to death and disappear, why ? When everything is being taken care of for you, PM ,repairs etc, they still just keep analyzing and asking ( from other threads / posts ) for contractors, PM etc, why??? You have nothing, why do you need a contractor !

Stop making this more complicated then it needs to be. When someone tells you they have done 100s and 100s and 100s of deals, PM in place, nothing for you to do but close, do it already, 

 I wish those that are doing deals continued success, and those that are going to seminars, reading books watching pod casts, and building their " power team"  well.....  

All the best to everyone, stay safe and healthy .

[Brian Garlington]

I understand you Bob. I"m in the San Francisco Oakland Bay Area and have rentals in the East Bay as well as Cleveland and every week people reach out to me asking for a Realtor, PM or what they should do regarding Cleveland. 

First thing I do is ask if they are pre-approved with a lender. If they say yes, we proceed with a dialogue. If they say no, I let them know that I know of a lender that has done mortgage loans on properties for as low as 35K and i put them in touch. Until they do that basic step of getting pre-approved I don't waste their time, or mine. 

If they say, "I don't need a pre-approval, I have cash." I ask can you provide proof of funds because that is exactly what the realtor's I work with out there will ask before lifting a finger.

I think if you start doing more of that you will help mitigate the tire kickers.