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All Forum Posts by: Bob E.

Bob E. has started 66 posts and replied 2234 times.

Post: Investing Cleveland, OH area

Bob E.Posted
  • Queen Creek, AZ
  • Posts 2,380
  • Votes 1,110

Start with a good property manager.  They can you you find good neighborhoods, purchase and rent properties.  

Post: Investing Out Of State - Starting

Bob E.Posted
  • Queen Creek, AZ
  • Posts 2,380
  • Votes 1,110

The key to investing out of state is finding a good property manager.  That seems to be harder in Cleveland than in our other markets.  If you find a good PM they can help you find, buy, and rent a property.  If there is a tenant in the property expect that they will likely leave within 6-12 months after you purchase so you can expect to do a rent turn and budget for that.

Post: Eddie Speed Note School

Bob E.Posted
  • Queen Creek, AZ
  • Posts 2,380
  • Votes 1,110

Sorry for the delayed response.  Note School does maintain relationships with industry vendors and provide referrals.  I have not been very active in the note side of things but they did have a bulletin board where they posted notes that could be purchased.

Post: Eddie Speed Note School

Bob E.Posted
  • Queen Creek, AZ
  • Posts 2,380
  • Votes 1,110
Quote from @Jeff Laird:

Note smarts can be learned through studying available books and online resources.  Being successful in note investing requires proper due diligence, note selection and pricing as well as having the right relationships with service providers like attorneys, note servicing companies, local brokers, note buyers and sellers.  I’ve heard that Eddie provides his students with attractively priced partially pre-vetted note opportunities, advice and access to his relationships.  If true it would be these additional benefits that would make $16K a bargain.  Developing these on your own could take both a number of years and a few costly mistakes along the way.


 I would say that Eddies program more than paid for itself.  We used wheat we learn to buy non performing notes, and wound up turning them into rentals.  My partner and I used what we learned to buy non performing notes, sell property with owner financing, and buy property with owner financing.  I am very grateful for what we learned from Eddie 10 years ago, I started us on a great path and we are in a position to grow even more over the next decade.

Post: Turnkey Rental Providers In The Cleveland Area?

Bob E.Posted
  • Queen Creek, AZ
  • Posts 2,380
  • Votes 1,110

Feel free to reach out.  My property manager send out emails all the time with occupied rentals they are listing.

Post: TRULIA CRIME MAP REPLACEMENT

Bob E.Posted
  • Queen Creek, AZ
  • Posts 2,380
  • Votes 1,110

Thanks @Steve Castagnetta  that looks pretty promising.

Post: Trying to manage property in Milwaukee and need contractors

Bob E.Posted
  • Queen Creek, AZ
  • Posts 2,380
  • Votes 1,110

I too would recommend hiring a good property manager.  Trying to do this yourself long distance is very likely to go south on you.  @Melanie Eden manages several properties for us in Milwaukee and does an excellent job.  

Post: Morris Invest Case Study 2.0

Bob E.Posted
  • Queen Creek, AZ
  • Posts 2,380
  • Votes 1,110

Thanks for sharing.  The advice i give to new people is that the most important deal you make is the first one.  If you go in willing to learn you will be on the path to prosperity.  

Post: Property management in Cleveland OH

Bob E.Posted
  • Queen Creek, AZ
  • Posts 2,380
  • Votes 1,110

If anyone wants my experience please send me a PM.  

Post: Property management in Cleveland OH

Bob E.Posted
  • Queen Creek, AZ
  • Posts 2,380
  • Votes 1,110

Feel free to reach out to me.  We have worked with a variety of PM's in Cleveland.