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All Forum Posts by: Ryan Arth

Ryan Arth has started 28 posts and replied 792 times.

Post: Who is Bob Stevens AKA Bob Prisco and what's his involvement in Cleveland?

Ryan Arth#2 Land & New Construction ContributorPosted
  • Real Estate Agent
  • Cleveland / Akron, OH
  • Posts 815
  • Votes 357

@James Wise When reading his reply, my interpretation is that he is not providing "property management", in his opinion. The checks go to the owners directly, and he has a maintenance person and attorney on speed dial. So he may consider this most of the basic functions of PM without actually being a PM (and thus not subject to regulation). I wonder what happens when there is a turnover. 

Not saying this is the case here, but whenever someone is promoting their opinion and shutting down naysayers, it feels like clients could be railroaded. The reason I think that is when it is coupled with his comments to call him if you are a cash buyer and that you never need an agent. That could be fine advice for some, but it also means no oversight. No bank, agent, survey, appraisal, etc.  

And to your earlier point, the response has been taking the victim stance instead of just explaining the business model and why he uses a different name on BP than FB, FL legal records, etc. 

All could be fine here, but this is a good exercise in due diligence and the value of this forum and community either way. 

Post: First time mid term renting

Ryan Arth#2 Land & New Construction ContributorPosted
  • Real Estate Agent
  • Cleveland / Akron, OH
  • Posts 815
  • Votes 357
Quote from @Richard Fiet:

Just purchased our first house in Cleveland.  Started the rehab process last week.  Plan to rent the property by the month, targeting traveling nurse/Dr.


 I have a friend who has 50 such doors in this market. He is currently renovating a defunct motel near the Clinic to add even more. 

Post: Who is Bob Stevens AKA Bob Prisco and what's his involvement in Cleveland?

Ryan Arth#2 Land & New Construction ContributorPosted
  • Real Estate Agent
  • Cleveland / Akron, OH
  • Posts 815
  • Votes 357

I noticed the name discrepancy with a FB profile with the other name. 

There is a lot of condescension in his posts, often degnigrating those who say anything counter to his opinions. And in general there is a lot of downplaying of risk in the pursuit of pure ROI.

None of that is wrong I guess, it's just not my style. 

I think that Jim asks a valid question though, and one that the community and Bob's potential clients would be better off having some clarity on. I also think that it might help Bob to clear up the confusion. 

Post: Need a thorough inspector in Cleveland

Ryan Arth#2 Land & New Construction ContributorPosted
  • Real Estate Agent
  • Cleveland / Akron, OH
  • Posts 815
  • Votes 357

@Larissa Lacman There have been previous posts asking this question, where you might find more information.

I always use Shoreway Inspections (Brett Bracey owns it) 440-465-0119

or 

InspectionTech (Aaron Westerburg owns it) 440-465-0448

Both allow you to schedule online.

Post: Single Family Home Builder

Ryan Arth#2 Land & New Construction ContributorPosted
  • Real Estate Agent
  • Cleveland / Akron, OH
  • Posts 815
  • Votes 357

@Heather Jensen Are you looking to build a house for investment or your primary residence? I am a builder/developer and would be happy to answer any questions that you might have. 

Post: New member - getting back to investing

Ryan Arth#2 Land & New Construction ContributorPosted
  • Real Estate Agent
  • Cleveland / Akron, OH
  • Posts 815
  • Votes 357

@Brian Dolbeare Welcome. If you have any questions about Akron feel free to reach out. Since you mentioned MF, a guy reached out yesterday with his off market, fully renovated, 14 unit in Akron. That might be larger than you were interested in, but I thought that I would mention it. 

Post: Seeking Reliable BOTS & Contractors for My First BRRRR Deal in Cleveland!

Ryan Arth#2 Land & New Construction ContributorPosted
  • Real Estate Agent
  • Cleveland / Akron, OH
  • Posts 815
  • Votes 357

Boots on the street maybe?

Post: Under contract for 3rd SFR

Ryan Arth#2 Land & New Construction ContributorPosted
  • Real Estate Agent
  • Cleveland / Akron, OH
  • Posts 815
  • Votes 357
Quote from @Richard Schubert:

Closed and now have the keys in my hand. Meeting some people tonight there to create a scope of work and do some additional discovery. Thank you to @Owen Rosen for helping me with the insurance on this one. Definitely will be moving my other rentals over to him. 

Congratulations Richard.

Post: Cleveland Experts what class would you consider this area?

Ryan Arth#2 Land & New Construction ContributorPosted
  • Real Estate Agent
  • Cleveland / Akron, OH
  • Posts 815
  • Votes 357
Quote from @Michael Norris:

There are some news stories about that street that I have no clue how to factor into an investment property value. Maybe it doesn't factor at all.

If it's a particularly infamous house on Seymour you may be able to set up an Airbnb for people who want to play out their kidnapping kinks.


 That house was flattened in 2013.

Post: In need of a contractor

Ryan Arth#2 Land & New Construction ContributorPosted
  • Real Estate Agent
  • Cleveland / Akron, OH
  • Posts 815
  • Votes 357

@Stephen Conrad Jr Our development company is just working on its first multi-unit development in the City. I am happy to discuss your plans with you at some point.