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All Forum Posts by: Alex L.

Alex L. has started 6 posts and replied 127 times.

Post: Question about Cleveland

Alex L.Posted
  • Rental Property Investor
  • Youngstown, OH
  • Posts 128
  • Votes 122
Quote from @James Wise:
Quote from @Alex L.:
Quote from @James Wise:
Quote from @Alex L.:
Quote from @James Wise:
Quote from @Alex L.:
Quote from @James Wise:
Quote from @Alex L.:

Not really a fan of them personally. Just don't care for how they handle themselves, and they're quite out of touch with market prices in Youngstown here where it seems they're trying to expand. But that's not Cleveland, obviously, so I imagine they're more knowledgable about their own area.



 That was my exact reaction at seeing properties priced more than double and triple what they were worth in their current condition (based on actual appraisals of neighboring properties); being told that the same property only needed new flooring when in reality it needed a total rehab, not to mention a new roof as the current one was noticeably warped... (also willing to bet real money it'll need new plumbing as I know those houses like the back of my hand, and one of the longtime neighbors who was intimately familiar with the property even brought the issue up when we talked); being told that said property would rent for $1200 with new floors, when nearly identical properties nearby that were actually "updated" have been struggling for literal months to place tenants at $1000; and being advised to simply "contact the sales department" when I contacted the # on the listing and expressed interest in seeing the property as a local landlord who owns houses in that neighborhood. Never in my life have I been simply told to contact the sales department and nothing more when purchasing a property. Pretty unprofessional, and the numbers/information touted are wildly unrealistic... not to mention your responses to less-than-favorable reviews on Google, in addition to all of the above, is a massive red flag. The company tries to be "edgy" but it just looks bad, especially in an area where so many local landlords are doing all we can to revitalize the city. All in all, seems like the listings are geared towards unwitting out of state landlords who don't know any better, and the last thing Youngstown needs is more out of state slumlords buying properties for nearly 100-200% more than what they're worth in their current state, and then ending up not completing any much needed renovations because it wouldn't be cost effective since they've already blown their entire budget on acquisition and some paint on a pig alone. Not familiar with your operations in Cleveland, so I can't and won't speak on that, but that's my opinion regarding your expansion into Youngstown.


 Rudy Poo Boo Hoo it ain't 2014 anymore bro. Houses cost more now. Bummer.


I've bought and sold properties in that neighborhood quite literally at less than 1/2 to 1/3 the original listing price of your company's listings, both on and off market, far, far after 2014, but thanks for the heads up. I've also had a couple appraised as recently as this year, so certainly make sure you're only selling to cash buyers because even with 20% down, the bank would laugh in their face. Perhaps rather than responding so childishly, consider making an effort to Do Better when feedback is received, or at the very least don't respond with inflammatory nonsense. That might help the company's Google reviews. ðŸ¤¡

 Lol, life of a Broker - Talk to the seller of a house and he swears it's worth more, while at the same time, an anonymous buyer like good ole Alex L will cry it's worth less while trying to claim he is an expert of some sort. Which one of them is right? Same property, two differing opinions. What do I know? I'm just a dude who's sold over $200 million dollars worth of rentals in Ohio. Obviously Alex "anonymous" L is the true expert here.

Too bad most folks will think my guy Alex L is just an anonymous troll though. If all of the other landlords out there in Youngstown were willing to take some dude with no profile pic who hides his name seriously, I'd have every landlord in Youngstown calling me to sell their properties because Alex "I'm triggered I had to contact the sales team" L, swears HoltonWise sells properties for 200% of what they are worth.... If Alex " I dont wanna contact the sales department" L was the expert he claims he is, I'd be making millions in Y-Town on a weekly basis selling properties for double what they are worth for every single landlord in the city. lol I'd prolly just go ahead and retire in a few months and maybe fly my family down to the fantasy island Alex L is living at to toss some beers back.




You're not exactly breaking any new ground by calling someone an anonymous troll because you don't like what they have to say. But let's be clear -- I never claimed to be an expert, and people can take my opinion with a grain of salt for all I care. It's my opinion, after all. But if you're gonna roll into town saying XYZ, you might wanna make sure that XYZ actually makes sense, especially when you're wet behind the ears in someone else's playground. This isn't Cleveland. Look at the comps, look at recent sales, and if you still don't believe those numbers, then get an appraisal. Anyone is welcome to do this, and most of this info is available online, outside from the appraisals. You're not gonna be making any sales to local investors, that's for certain. And that's fine, since it seems like selling to unwitting out of state/area investors is your grift. But hey, make sure to swing by Buffalo Wild Wings in Boardman every 2nd Wednesday of the month so we can all point and laugh, since you seem to love attention so much.

 You are hiding both your name and face, are you not? How you feel you're presenting yourself as anything other than an anonymous troll is beyond me.

You and I could go round and round in circles for days on end and never get anywhere. But as others read this thread, I think it's important that they take into consideration where the information they are reading is coming from.

Myself

--- I have sold over $200 Million dollars worth of rental properties in Ohio.

--- I have transacted 1,000's of real estate deals.

--- I manage a real estate portfolio valued at $75 million+.

--- I employ over 60 people.

--- I have helped investors from all over the USA and abroad buy real estate in Ohio.

--- I have helped investors from all over the USA and abroad sell real estate in Ohio.

--- I have been publishing helpful content and advice on BiggerPockets since 2013. (16,536 votes as of this posting)

--- I have over 150,000 social media followers/subscribers.

--- My video library of real estate content has been viewed over 25 million times.

You

--- You are hiding your name.

--- You are hiding your face.

--- You have provided vague rambling attacks based on some wild axe you've got to grind because you apparently contacted the wrong department at HoltonWise and were triggered by the fact that you were told you needed to contact the sales department at HoltonWise for information on a property you wanted to buy.



The only thing that'd make BP better is a block button.

I was going to just leave this be, but if there's anything that irks me more than a clown, it's a clown who doesn't have the facts straight, especially when they're set in stone in previous messages. The "department" I contacted was the # on the listing, and I was told to send an email to a sales department instead... if that's the case, what genius decides to omit the email address from the contact info in the first place? So, either (a) you employ airheaded buffoons who don't know how to write a property listing with the correct contact information, or (b) your customer service is in the toilet, and are banking on the idea that desperate, unwitting OOS landlords will jump through hoops to land a "deal," because there's no way a local investor would take you seriously for purchasing a property. I think it's more the latter, but who knows. You very well might be the reigning authority figure in Cleveland, but as the "new sheriff in Y-town," your badge isn't even aluminum foil.

You're so hung up on me being anonymous that you really felt the need to list out all of your accomplishments. That's cute, but no matter who or what I am, it doesn't change the fact that your management style leaves much to be desired, and that you're a morally bankrupt carnival barker with your little YouTube "show." Actually, you should add that to your list of accomplishments. And like I said, don't forget to stop by. We'd love dinner and a show, you absolute ðŸ¤¡

Post: What do you charge for Pet Fees?

Alex L.Posted
  • Rental Property Investor
  • Youngstown, OH
  • Posts 128
  • Votes 122

$250 deposit, $250 non-refundable one-time fee. I don't currently charge rent for pets on the grounds that I don't feel it's fair, but I might in the future charge something like $15-20/mo since it's hard to deny the accelerated wear & tear that cats/dogs do cause, even when not on purpose. Small contained animals, I have no plans to charge rent for. I avoid renting to tenants with cats as much as possible.

Seconding Bjorn. At face value, it's a red flag to me, and I don't think it'd be unreasonable to simply eliminate them from the get go. But depending on the circumstances, I can be open-minded. I've had a father scope out a unit for their college student, and that was one of the best tenants I had. A little hard on the property, but they always paid on time, and never bothered me. 

Post: Question about Cleveland

Alex L.Posted
  • Rental Property Investor
  • Youngstown, OH
  • Posts 128
  • Votes 122
Quote from @Jim K.:

@Alex L.

The fact that you're completely anonymous and James is baring it all, shirtless and painted blue in his profile pic, really does speak volumes. Maybe there are good reasons why you'd hide your last name. I certainly do it so that my tenants won't be looking me up here. But your profile picture? Come on.

I've never done business with James. I'm sure he's a sharp businessman. I can't stand his politics. He mostly can't stand me, either. 

But nobody, and I mean nobody, has ever managed to show me an iota of hard proof that he's ever crossed the line legally or doesn't know what he's talking about when he opens his mouth. In those two things, James is impressive as hell.

 I was happy to simply give my original amiable opinion, that I don't care for how he operates but that I imagine he knows Cleveland much better than Youngstown, and leave it at that. He chose to respond with a goofy photo that insinuated he didn't understand why I didn't care for him; so I then chose to provide a detailed answer. He doesn't like criticism, I don't care. And you don't like me criticizing him, too, well, I still don't really care. But again, let me be clear -- I never claimed he crossed a line legally -- I claimed that he crossed a line as a sane person in a market where he's a newcomer and unfamiliar with the territory. So you can go ahead and be a fanboy, and tout his praise over from Pittsburgh, PA, when you've never done business with him, just like I can go ahead and be a critic over here in Youngstown, OH, where I've actually had the opportunity to do business with him. I stay anonymous for the same reason as you do, plus additional ones. My profile picture is not important, but I'll change it one of these days to something different since it bothers you so much. 

Post: Question about Cleveland

Alex L.Posted
  • Rental Property Investor
  • Youngstown, OH
  • Posts 128
  • Votes 122
Quote from @James Wise:
Quote from @Alex L.:
Quote from @James Wise:
Quote from @Alex L.:
Quote from @James Wise:
Quote from @Alex L.:

Not really a fan of them personally. Just don't care for how they handle themselves, and they're quite out of touch with market prices in Youngstown here where it seems they're trying to expand. But that's not Cleveland, obviously, so I imagine they're more knowledgable about their own area.



 That was my exact reaction at seeing properties priced more than double and triple what they were worth in their current condition (based on actual appraisals of neighboring properties); being told that the same property only needed new flooring when in reality it needed a total rehab, not to mention a new roof as the current one was noticeably warped... (also willing to bet real money it'll need new plumbing as I know those houses like the back of my hand, and one of the longtime neighbors who was intimately familiar with the property even brought the issue up when we talked); being told that said property would rent for $1200 with new floors, when nearly identical properties nearby that were actually "updated" have been struggling for literal months to place tenants at $1000; and being advised to simply "contact the sales department" when I contacted the # on the listing and expressed interest in seeing the property as a local landlord who owns houses in that neighborhood. Never in my life have I been simply told to contact the sales department and nothing more when purchasing a property. Pretty unprofessional, and the numbers/information touted are wildly unrealistic... not to mention your responses to less-than-favorable reviews on Google, in addition to all of the above, is a massive red flag. The company tries to be "edgy" but it just looks bad, especially in an area where so many local landlords are doing all we can to revitalize the city. All in all, seems like the listings are geared towards unwitting out of state landlords who don't know any better, and the last thing Youngstown needs is more out of state slumlords buying properties for nearly 100-200% more than what they're worth in their current state, and then ending up not completing any much needed renovations because it wouldn't be cost effective since they've already blown their entire budget on acquisition and some paint on a pig alone. Not familiar with your operations in Cleveland, so I can't and won't speak on that, but that's my opinion regarding your expansion into Youngstown.


 Rudy Poo Boo Hoo it ain't 2014 anymore bro. Houses cost more now. Bummer.


I've bought and sold properties in that neighborhood quite literally at less than 1/2 to 1/3 the original listing price of your company's listings, both on and off market, far, far after 2014, but thanks for the heads up. I've also had a couple appraised as recently as this year, so certainly make sure you're only selling to cash buyers because even with 20% down, the bank would laugh in their face. Perhaps rather than responding so childishly, consider making an effort to Do Better when feedback is received, or at the very least don't respond with inflammatory nonsense. That might help the company's Google reviews. ðŸ¤¡

 Lol, life of a Broker - Talk to the seller of a house and he swears it's worth more, while at the same time, an anonymous buyer like good ole Alex L will cry it's worth less while trying to claim he is an expert of some sort. Which one of them is right? Same property, two differing opinions. What do I know? I'm just a dude who's sold over $200 million dollars worth of rentals in Ohio. Obviously Alex "anonymous" L is the true expert here.

Too bad most folks will think my guy Alex L is just an anonymous troll though. If all of the other landlords out there in Youngstown were willing to take some dude with no profile pic who hides his name seriously, I'd have every landlord in Youngstown calling me to sell their properties because Alex "I'm triggered I had to contact the sales team" L, swears HoltonWise sells properties for 200% of what they are worth.... If Alex " I dont wanna contact the sales department" L was the expert he claims he is, I'd be making millions in Y-Town on a weekly basis selling properties for double what they are worth for every single landlord in the city. lol I'd prolly just go ahead and retire in a few months and maybe fly my family down to the fantasy island Alex L is living at to toss some beers back.




You're not exactly breaking any new ground by calling someone an anonymous troll because you don't like what they have to say. But let's be clear -- I never claimed to be an expert, and people can take my opinion with a grain of salt for all I care. It's my opinion, after all. But if you're gonna roll into town saying XYZ, you might wanna make sure that XYZ actually makes sense, especially when you're wet behind the ears in someone else's playground. This isn't Cleveland. Look at the comps, look at recent sales, and if you still don't believe those numbers, then get an appraisal. Anyone is welcome to do this, and most of this info is available online, outside from the appraisals. You're not gonna be making any sales to local investors, that's for certain. And that's fine, since it seems like selling to unwitting out of state/area investors is your grift. But hey, make sure to swing by Buffalo Wild Wings in Boardman every 2nd Wednesday of the month so we can all point and laugh, since you seem to love attention so much.

Post: Question about Cleveland

Alex L.Posted
  • Rental Property Investor
  • Youngstown, OH
  • Posts 128
  • Votes 122
Quote from @James Wise:
Quote from @Alex L.:
Quote from @James Wise:
Quote from @Alex L.:

Not really a fan of them personally. Just don't care for how they handle themselves, and they're quite out of touch with market prices in Youngstown here where it seems they're trying to expand. But that's not Cleveland, obviously, so I imagine they're more knowledgable about their own area.



 That was my exact reaction at seeing properties priced more than double and triple what they were worth in their current condition (based on actual appraisals of neighboring properties); being told that the same property only needed new flooring when in reality it needed a total rehab, not to mention a new roof as the current one was noticeably warped... (also willing to bet real money it'll need new plumbing as I know those houses like the back of my hand, and one of the longtime neighbors who was intimately familiar with the property even brought the issue up when we talked); being told that said property would rent for $1200 with new floors, when nearly identical properties nearby that were actually "updated" have been struggling for literal months to place tenants at $1000; and being advised to simply "contact the sales department" when I contacted the # on the listing and expressed interest in seeing the property as a local landlord who owns houses in that neighborhood. Never in my life have I been simply told to contact the sales department and nothing more when purchasing a property. Pretty unprofessional, and the numbers/information touted are wildly unrealistic... not to mention your responses to less-than-favorable reviews on Google, in addition to all of the above, is a massive red flag. The company tries to be "edgy" but it just looks bad, especially in an area where so many local landlords are doing all we can to revitalize the city. All in all, seems like the listings are geared towards unwitting out of state landlords who don't know any better, and the last thing Youngstown needs is more out of state slumlords buying properties for nearly 100-200% more than what they're worth in their current state, and then ending up not completing any much needed renovations because it wouldn't be cost effective since they've already blown their entire budget on acquisition and some paint on a pig alone. Not familiar with your operations in Cleveland, so I can't and won't speak on that, but that's my opinion regarding your expansion into Youngstown.


 Rudy Poo Boo Hoo it ain't 2014 anymore bro. Houses cost more now. Bummer.


I've bought and sold properties in that neighborhood quite literally at less than 1/2 to 1/3 the original listing price of your company's listings, both on and off market, far, far after 2014, but thanks for the heads up. I've also had a couple appraised as recently as this year, so certainly make sure you're only selling to cash buyers because even with 20% down, the bank would laugh in their face. Perhaps rather than responding so childishly, consider making an effort to Do Better when feedback is received, or at the very least don't respond with inflammatory nonsense. That might help the company's Google reviews. ðŸ¤¡

Post: Question about Cleveland

Alex L.Posted
  • Rental Property Investor
  • Youngstown, OH
  • Posts 128
  • Votes 122
Quote from @James Wise:
Quote from @Alex L.:

Not really a fan of them personally. Just don't care for how they handle themselves, and they're quite out of touch with market prices in Youngstown here where it seems they're trying to expand. But that's not Cleveland, obviously, so I imagine they're more knowledgable about their own area.



 That was my exact reaction at seeing properties priced more than double and triple what they were worth in their current condition (based on actual appraisals of neighboring properties); being told that the same property only needed new flooring when in reality it needed a total rehab, not to mention a new roof as the current one was noticeably warped... (also willing to bet real money it'll need new plumbing as I know those houses like the back of my hand, and one of the longtime neighbors who was intimately familiar with the property even brought the issue up when we talked); being told that said property would rent for $1200 with new floors, when nearly identical properties nearby that were actually "updated" have been struggling for literal months to place tenants at $1000; and being advised to simply "contact the sales department" when I contacted the # on the listing and expressed interest in seeing the property as a local landlord who owns houses in that neighborhood. Never in my life have I been simply told to contact the sales department and nothing more when purchasing a property. Pretty unprofessional, and the numbers/information touted are wildly unrealistic... not to mention your responses to less-than-favorable reviews on Google, in addition to all of the above, is a massive red flag. The company tries to be "edgy" but it just looks bad, especially in an area where so many local landlords are doing all we can to revitalize the city. All in all, seems like the listings are geared towards unwitting out of state landlords who don't know any better, and the last thing Youngstown needs is more out of state slumlords buying properties for nearly 100-200% more than what they're worth in their current state, and then ending up not completing any much needed renovations because it wouldn't be cost effective since they've already blown their entire budget on acquisition and some paint on a pig alone. Not familiar with your operations in Cleveland, so I can't and won't speak on that, but that's my opinion regarding your expansion into Youngstown.

Post: Are landlord reviews of tenants a thing?

Alex L.Posted
  • Rental Property Investor
  • Youngstown, OH
  • Posts 128
  • Votes 122
Quote from @Eliott Elias:

I don’t believe so, but property management reputation is a real thing. I know many tenants who would avoid leasing from specific property managers.


 Yeah, I know that's definitely a thing. I recently came across a website called "Rate Your Landlord" and it made me laugh. Figured, hell, us landlords need a website like that. 

Post: Question about Cleveland

Alex L.Posted
  • Rental Property Investor
  • Youngstown, OH
  • Posts 128
  • Votes 122

Not really a fan of them personally. Just don't care for how they handle themselves, and they're quite out of touch with market prices in Youngstown here where it seems they're trying to expand. But that's not Cleveland, obviously, so I imagine they're more knowledgable about their own area.

Post: Are landlord reviews of tenants a thing?

Alex L.Posted
  • Rental Property Investor
  • Youngstown, OH
  • Posts 128
  • Votes 122

I know there are some websites out there that let tenants write "reviews" of their landlords. Is there anything like that, but in reverse? I know the worst of the worst tenants will sometimes have something on record in the courts, but I'm curious about more mundane things, plus there are lots of landlords who don't even waste their time trying to take tenants to court. Interested in a website where landlords can post/share reviews of tenants they have, so that during the screening process, landlords looking to place tenants might be able to come across this info. If a site like this doesn't exist, I'm thinking of creating one, perhaps starting local and expanding if it catches on.