All Forum Posts by: Bob Prisco

@Richard Singh depending on your market. I do all my biz in the Cleveland markets, no attorney needed. Also just bought a property in FL, no attorney as well, so I guess its personal preference.  

Good Luck

@Richard Singh sorry to say but this is on you, ( and why I never use attorneys ) All you needed to do is call the housing authority. Also whenever i buy a property with tenants, I get 3 month rent credit on HUD to be released to the seller each month after payment. In this case you would have 3 months in your pocket, and tell the seller screw you you lied, you get nothing,

Good Luck 

@Justin Badillo just find the deals, everything else will take care of itself 

Good Luck 

@Jacob Repreza your best " friend " is connecting with someone that has done 100s and 100s and 100s of deals, is an expert knowing exactly where to buy and what price to pay and handles everything. OOS investors should not be involved with  anything. 10- 14% net caps 1005 hands off are to be had, its all about knowledge and your team  

@Emi Augustin what is it you are looking for, rentals ? 

@Doug Reed why are you involved ? You need PM . Why deal with this absolutely  no reason .

@Justin Badillo to many wanna Bs. Many find deals online, create their own sheet, mark it up send it out and call themselves a wholesaler .  Many times the person does not know a darn thing about the property or market they are trying to sell. You know how many times I am offered MY property , too funny.  Heres an idea, find a a good deal, it will be sold in a day if good. If you cant sell it its not good,,, Money always find the deals 

Good luck 

HELLO ALL, KEEP IT SIMPLE! Find a deal, bring it to a local REIA meeting, or post it in that cities social media pages if its good you will get a commitment from an experienced investor same day . Write up an agreement. STOP worrying about attorneys, title, LLCS you do not need any of that for simply finding a deal.

Good Luck to all 

@Chris Piper need to find out what profit the person wants. Well if you provide more you simply negotiate, 

Yes its sad that so many are handed deals on a silver platter and do nothing, 

@Chris Piper, many do not have any money, sorry should have been more clear. I literally started with zero. Simply found a deal and he paid me $19k ( my 1st deal 1st month ) . Learned saved and well off to the races .

All the best 

PS 99% research things to death and do nothing. Weekly I am ask to provide a property, when I do and more ROI then expected they keep asking a million questions and do nothing. Keep it simple