All Forum Posts by: Bob Stevens

Quote from @Bob Stevens:

Quote from @James Wise:

Quote from @Bob Stevens:

Quote from @James Wise:

Quote from @Bob Stevens:

Quote from @James Wise:

Quote from @Bob Stevens:

Quote from @James Wise:

I'm sure a lot of you have seen BP member Bob Stevens all over the forums telling people all about his 15% net cap Cleveland rental properties and the importance of his team.

If you do a little digging you see that there is this other guy named Bob Prisco. Bob Prisco looks, acts, and talks exactly like BP member Bob Stevens so I assume they are one in the same. Bob Stevens/Prisco sells turnkey properties and has websites advertising a complete turnkey experience where they handle all rehab and property management for out of state and out of country investors.

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So having said all of the above, I got really confused when Bob was giving some BP members the advice that they didn't need a property manager in Cleveland. All they needed was a "team" to handle everything for them?

Well who the hell is on this "team" if there isn't a property manager? 

What exactly does this "team" do if they don't manage your property?

Beyond the obvious questions of what this "team" does, I was very confused by Bob's comments as I was under the impression that Bob owned a Cleveland property management company called 5 Points Property Management.

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And if all of the above wasn't confusing enough, I went to see who is currently the owner of 5 Points since Bob says he has no involvement despite the conflicting info above, and I find out that 5 Points has had their license suspended.

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___

Now I am not making any outright accusations here, but the whole thing smells pretty fishy, and I think Bob Prisco / Stevens owes the BP community an explanation as to what's all going on here.

 Well James I was referring people to them but have stopped months ago. No idea about their license. I never had anything to do with their day to day.  

 So you don't own 5 points and never have? Who does own 5 points? It's the only brokerage I've seen where it looks damn near impossible to see who the Broker/Owner is.

Additionally, if you are not the owner of 5 points, how is your "team" handling property management for all of your out of state and out of country clients when you are not a licensed Broker, nor do you own a licensed property management company?

James this post was 100% uncalled for. I am one of the good guys there. Find one person that says they were, " not treated well " by me, not going to happen.  I was using them for PM, no longer. Team, on call maintenance man, attorney available when needed and me to provide any guidance.  What more do you need? DUDE this was not cool. 

 Well Bob, the issue is everything about what you say and do is so far from truthful I don't even think you realize it.

 For starters, you are using a fake name, you have been asked about it multiple times and are not answering the question.

You just posted the following

___

This is in direct conflict with what you posted below. If someone were so inclined they could go through your post history and find example upon example upon example of conflicting statements like this one.

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On top of that, you keep saying that nobody will be able to find one person who has had issues with you. I have had several people email me about you over the years. Now to clarify, I know how butthurt inexperienced investors can get when investing in Cleveland and not understanding how things go, so I am not taking their accusations at face value, it's not my fight, but it just goes to further illustrate that you have no regard for the truth when you speak.

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 So, James what you have posted is irrelevant, What's conflicting? So saying we have been buying in those areas for years, what's wrong with that? JW am I really that much of a threat to you, (you have made millions) and your biz? Why post all this BS? 

 Bob - Stop deflecting. The questions are clear, explain yourself. 

 I have many times. I have nothing to hide. My entire life pops up on google. My profile lists all my social media platforms. Zero to hide. NOT ONE person can say I sold them a prop and never renovated it or " did my job " ever. 

 Again, this is the issue here. You are deflecting and being deliberately unclear in your statements. I clearly illustrated there is at least one person saying that. Is he right or wrong? I dunno, like I said not my fight. I even gave you the olive branch and acknowledged how butthurt new investors can get. But the fact remains someone is saying that so why do you keep saying nobody is saying it? Just explain the situation using facts dude. There are tons of threads on BP where some newbie investor came after HoltonWise and I go in there and explain my case using facts, data and evidence. Do the same.

Take the opportunity to directly explain the questions posed here.

1. Why use an alias? Prisco vs Stevens?

2. What happened with 5 Points?

3. Who owns 5 Points?

4. How are you handling property management for all of your out of town clients?

Quote from @Bob Stevens:

Quote from @James Wise:

Quote from @Bob Stevens:

Quote from @James Wise:

Quote from @Bob Stevens:

Quote from @James Wise:

I'm sure a lot of you have seen BP member Bob Stevens all over the forums telling people all about his 15% net cap Cleveland rental properties and the importance of his team.

If you do a little digging you see that there is this other guy named Bob Prisco. Bob Prisco looks, acts, and talks exactly like BP member Bob Stevens so I assume they are one in the same. Bob Stevens/Prisco sells turnkey properties and has websites advertising a complete turnkey experience where they handle all rehab and property management for out of state and out of country investors.

___

___

So having said all of the above, I got really confused when Bob was giving some BP members the advice that they didn't need a property manager in Cleveland. All they needed was a "team" to handle everything for them?

Well who the hell is on this "team" if there isn't a property manager? 

What exactly does this "team" do if they don't manage your property?

Beyond the obvious questions of what this "team" does, I was very confused by Bob's comments as I was under the impression that Bob owned a Cleveland property management company called 5 Points Property Management.

___

___

___

___

___

___

___

And if all of the above wasn't confusing enough, I went to see who is currently the owner of 5 Points since Bob says he has no involvement despite the conflicting info above, and I find out that 5 Points has had their license suspended.

___

___

Now I am not making any outright accusations here, but the whole thing smells pretty fishy, and I think Bob Prisco / Stevens owes the BP community an explanation as to what's all going on here.

 Well James I was referring people to them but have stopped months ago. No idea about their license. I never had anything to do with their day to day.  

 So you don't own 5 points and never have? Who does own 5 points? It's the only brokerage I've seen where it looks damn near impossible to see who the Broker/Owner is.

Additionally, if you are not the owner of 5 points, how is your "team" handling property management for all of your out of state and out of country clients when you are not a licensed Broker, nor do you own a licensed property management company?

James this post was 100% uncalled for. I am one of the good guys there. Find one person that says they were, " not treated well " by me, not going to happen.  I was using them for PM, no longer. Team, on call maintenance man, attorney available when needed and me to provide any guidance.  What more do you need? DUDE this was not cool. 

 Well Bob, the issue is everything about what you say and do is so far from truthful I don't even think you realize it.

 For starters, you are using a fake name, you have been asked about it multiple times and are not answering the question.

You just posted the following

___

This is in direct conflict with what you posted below. If someone were so inclined they could go through your post history and find example upon example upon example of conflicting statements like this one.

___

On top of that, you keep saying that nobody will be able to find one person who has had issues with you. I have had several people email me about you over the years. Now to clarify, I know how butthurt inexperienced investors can get when investing in Cleveland and not understanding how things go, so I am not taking their accusations at face value, it's not my fight, but it just goes to further illustrate that you have no regard for the truth when you speak.

___

 So, James what you have posted is irrelevant, What's conflicting? So saying we have been buying in those areas for years, what's wrong with that? JW am I really that much of a threat to you, (you have made millions) and your biz? Why post all this BS? 

 Bob - Stop deflecting. The questions are clear, explain yourself. 

Quote from @Bob Stevens:

Quote from @James Wise:

Quote from @Bob Stevens:

Quote from @James Wise:

I'm sure a lot of you have seen BP member Bob Stevens all over the forums telling people all about his 15% net cap Cleveland rental properties and the importance of his team.

If you do a little digging you see that there is this other guy named Bob Prisco. Bob Prisco looks, acts, and talks exactly like BP member Bob Stevens so I assume they are one in the same. Bob Stevens/Prisco sells turnkey properties and has websites advertising a complete turnkey experience where they handle all rehab and property management for out of state and out of country investors.

___

___

So having said all of the above, I got really confused when Bob was giving some BP members the advice that they didn't need a property manager in Cleveland. All they needed was a "team" to handle everything for them?

Well who the hell is on this "team" if there isn't a property manager? 

What exactly does this "team" do if they don't manage your property?

Beyond the obvious questions of what this "team" does, I was very confused by Bob's comments as I was under the impression that Bob owned a Cleveland property management company called 5 Points Property Management.

___

___

___

___

___

___

___

And if all of the above wasn't confusing enough, I went to see who is currently the owner of 5 Points since Bob says he has no involvement despite the conflicting info above, and I find out that 5 Points has had their license suspended.

___

___

Now I am not making any outright accusations here, but the whole thing smells pretty fishy, and I think Bob Prisco / Stevens owes the BP community an explanation as to what's all going on here.

 Well James I was referring people to them but have stopped months ago. No idea about their license. I never had anything to do with their day to day.  

 So you don't own 5 points and never have? Who does own 5 points? It's the only brokerage I've seen where it looks damn near impossible to see who the Broker/Owner is.

Additionally, if you are not the owner of 5 points, how is your "team" handling property management for all of your out of state and out of country clients when you are not a licensed Broker, nor do you own a licensed property management company?

James this post was 100% uncalled for. I am one of the good guys there. Find one person that says they were, " not treated well " by me, not going to happen.  I was using them for PM, no longer. Team, on call maintenance man, attorney available when needed and me to provide any guidance.  What more do you need? DUDE this was not cool. 

 Well Bob, the issue is everything about what you say and do is so far from truthful I don't even think you realize it.

 For starters, you are using a fake name, you have been asked about it multiple times and are not answering the question.

You just posted the following

___

This is in direct conflict with what you posted below. If someone were so inclined they could go through your post history and find example upon example upon example of conflicting statements like this one.

___

On top of that, you keep saying that nobody will be able to find one person who has had issues with you. I have had several people email me about you over the years. Now to clarify, I know how butthurt inexperienced investors can get when investing in Cleveland and not understanding how things go, so I am not taking their accusations at face value, it's not my fight, but it just goes to further illustrate that you have no regard for the truth when you speak.

___

Quote from @Bob Stevens:

Quote from @James Wise:

Quote from @Bob Stevens:

Quote from @James Wise:

I'm sure a lot of you have seen BP member Bob Stevens all over the forums telling people all about his 15% net cap Cleveland rental properties and the importance of his team.

If you do a little digging you see that there is this other guy named Bob Prisco. Bob Prisco looks, acts, and talks exactly like BP member Bob Stevens so I assume they are one in the same. Bob Stevens/Prisco sells turnkey properties and has websites advertising a complete turnkey experience where they handle all rehab and property management for out of state and out of country investors.

___

___

So having said all of the above, I got really confused when Bob was giving some BP members the advice that they didn't need a property manager in Cleveland. All they needed was a "team" to handle everything for them?

Well who the hell is on this "team" if there isn't a property manager? 

What exactly does this "team" do if they don't manage your property?

Beyond the obvious questions of what this "team" does, I was very confused by Bob's comments as I was under the impression that Bob owned a Cleveland property management company called 5 Points Property Management.

___

___

___

___

___

___

___

And if all of the above wasn't confusing enough, I went to see who is currently the owner of 5 Points since Bob says he has no involvement despite the conflicting info above, and I find out that 5 Points has had their license suspended.

___

___

Now I am not making any outright accusations here, but the whole thing smells pretty fishy, and I think Bob Prisco / Stevens owes the BP community an explanation as to what's all going on here.

 Well James I was referring people to them but have stopped months ago. No idea about their license. I never had anything to do with their day to day.  

 So you don't own 5 points and never have? Who does own 5 points? It's the only brokerage I've seen where it looks damn near impossible to see who the Broker/Owner is.

Additionally, if you are not the owner of 5 points, how is your "team" handling property management for all of your out of state and out of country clients when you are not a licensed Broker, nor do you own a licensed property management company?

James this post was 100% uncalled for. I am one of the good guys there. Find one person that says they were, " not treated well " by me, not going to happen.  I was using them for PM, no longer. Team, on call maintenance man, attorney available when needed and me to provide any guidance.  What more do you need? DUDE this was not cool. 

 Well Bob, the issue is everything about what you say and do is so far from truthful I don't even think you realize it.

 For starters, you are using a fake name, you have been asked about it multiple times and are not answering the question.

You just posted the following

___

This is in direct conflict with what you posted below. If someone were so inclined they could go through your post history and find example upon example upon example of conflicting statements like this one.

___

On top of that, you keep saying that nobody will be able to find one person who has had issues with you. I have had several people email me about you over the years. Now to clarify, I know how butthurt inexperienced investors can get when investing in Cleveland and not understanding how things go, so I am not taking their accusations at face value, it's not my fight, but it just goes to further illustrate that you have no regard for the truth when you speak.

___

Quote from @Bob Stevens:

Quote from @Jay Hinrichs:

Quote from @James Wise:

I'm sure a lot of you have seen BP member Bob Stevens all over the forums telling people all about his 15% net cap Cleveland rental properties and the importance of his team.

If you do a little digging you see that there is this other guy named Bob Prisco. Bob Prisco looks, acts, and talks exactly like BP member Bob Stevens so I assume they are one in the same. Bob Stevens/Prisco sells turnkey properties and has websites advertising a complete turnkey experience where they handle all rehab and property management for out of state and out of country investors.

___

___

So having said all of the above, I got really confused when Bob was giving some BP members the advice that they didn't need a property manager in Cleveland. All they needed was a "team" to handle everything for them?

Well who the hell is on this "team" if there isn't a property manager? 

What exactly does this "team" do if they don't manage your property?

Beyond the obvious questions of what this "team" does, I was very confused by Bob's comments as I was under the impression that Bob owned a Cleveland property management company called 5 Points Property Management.

___

___

___

___

___

___

___

And if all of the above wasn't confusing enough, I went to see who is currently the owner of 5 Points since Bob says he has no involvement despite the conflicting info above, and I find out that 5 Points has had their license suspended.

___

___

Now I am not making any outright accusations here, but the whole thing smells pretty fishy, and I think Bob Prisco / Stevens owes the BP community an explanation as to what's all going on here.

not only that he advocates buying the most risky property in Cleveland IE east side hoody stuff.. He then showed me some stuff in Jackson MS  same thing the hood.. Investors if they follow his advice are going to get hosed in that market as well.

this is just like the Sub to guys that post under different names.. @Scott Trench and his team have done a good job with the sub to guys they got removed but came back a few months ago and of course the post on all sub to threads and at first just normal responses like they did not really understand the bizz.. But could not help themselves and just went right back into their same ole schtick..

Of course there are plenty of turn key providers that suggest folks buy in the roughest areas no crime in that but 15 to 20% caps which is what he spouts constantly with no acknowledgement that he is really selling these properties .. He touts himself as owning 500 of them.. when in fact I suspect but dont know for sure.. the 500 is how many he has sold he might very well own 100s of homes so as he likes to say on BP he can live in FLA and never needs to go CLE.

Lastly Jim I am surprised it took you this long :)  AS you know one of the main rules on BP is operators / sponsor etc are suppose to divulge that they are in business and not pretend they are something else and they do it by Omission . 

 Jay I must say I am a bit surprises to see you jump on the JW bandwagon as I have always supported your comments and have posted many times how much respect I have for you. If you read my posts I ALWAYS said, "you can buy in those areas IF you have a team that knows what they are doing". I also said NOT in all areas of the " hood" always say, certain areas." I have been 100% spot on with all my suggestions in ALL of the Cleveland markets over the last 10 years. I am certain you are aware all areas have increase, 2, 3 ,4 times over the last 10 years, YES even PARTS of EAST CLEVELAND. Also, I put my money where my mouth is. I have props in the same areas. You cannot find one person anywhere that will talk bad about me, as I always " do my job" and more. 

Jackson, as mentioned we were going to buy there, but never did. We had 3 props under contract but could not find reasonably priced contractors so never purchased there. But if we did, again, we would be buying right alongside clients in the same neighborhoods. See unlike realtors who care about one thing, making the sale, we are with clients for years. So, if they have an issue, we are there for them,

All the best 

Bob your missing the point.  The point is: from what I see:

1. Stevens is not your real last name or is it or who is Bob Prisco? ! why hide? How is it hidden? Look at my Profile, my entire life is there? 
2. U do not acknowledge your in business to sell these properties you lead people to believe you own them all. ( and again I have no clue how many you may or many not own). Not what I said, I said, I buy in the same neighborhoods. So, If I am buying, I am putting my money where my mouth is. I would never sell a prop to anyone where I personally would not buy. I am also there for them when there is an issue vs just saying you bought it not my issue. 
3. Clearly violating the BP rules by Omission. Not really sure how? 

However its up to BP to decide if your posting style is acceptable. And I like to think I helped you not make a HUGE mistake by investing in South Jackson MS which is simply unsustainable for OOS investors 90% of the time regardless of contractors.

Quote from @Bob Stevens:

Quote from @James Wise:

I'm sure a lot of you have seen BP member Bob Stevens all over the forums telling people all about his 15% net cap Cleveland rental properties and the importance of his team.

If you do a little digging you see that there is this other guy named Bob Prisco. Bob Prisco looks, acts, and talks exactly like BP member Bob Stevens so I assume they are one in the same. Bob Stevens/Prisco sells turnkey properties and has websites advertising a complete turnkey experience where they handle all rehab and property management for out of state and out of country investors.

___

___

So having said all of the above, I got really confused when Bob was giving some BP members the advice that they didn't need a property manager in Cleveland. All they needed was a "team" to handle everything for them?

Well who the hell is on this "team" if there isn't a property manager? 

What exactly does this "team" do if they don't manage your property?

Beyond the obvious questions of what this "team" does, I was very confused by Bob's comments as I was under the impression that Bob owned a Cleveland property management company called 5 Points Property Management.

___

___

___

___

___

___

___

And if all of the above wasn't confusing enough, I went to see who is currently the owner of 5 Points since Bob says he has no involvement despite the conflicting info above, and I find out that 5 Points has had their license suspended.

___

___

Now I am not making any outright accusations here, but the whole thing smells pretty fishy, and I think Bob Prisco / Stevens owes the BP community an explanation as to what's all going on here.

 Well James I was referring people to them but have stopped months ago. No idea about their license. I never had anything to do with their day to day.  

 So you don't own 5 points and never have? Who does own 5 points? It's the only brokerage I've seen where it looks damn near impossible to see who the Broker/Owner is.

Additionally, if you are not the owner of 5 points, how is your "team" handling property management for all of your out of state and out of country clients when you are not a licensed Broker, nor do you own a licensed property management company?

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. 

Quote from @James Wise:

I'm sure a lot of you have seen BP member Bob Stevens all over the forums telling people all about his 15% net cap Cleveland rental properties and the importance of his team.

If you do a little digging you see that there is this other guy named Bob Prisco. Bob Prisco looks, acts, and talks exactly like BP member Bob Stevens so I assume they are one in the same. Bob Stevens/Prisco sells turnkey properties and has websites advertising a complete turnkey experience where they handle all rehab and property management for out of state and out of country investors.

___

___

So having said all of the above, I got really confused when Bob was giving some BP members the advice that they didn't need a property manager in Cleveland. All they needed was a "team" to handle everything for them?

Well who the hell is on this "team" if there isn't a property manager? 

What exactly does this "team" do if they don't manage your property?

Beyond the obvious questions of what this "team" does, I was very confused by Bob's comments as I was under the impression that Bob owned a Cleveland property management company called 5 Points Property Management.

___

___

___

___

___

___

___

And if all of the above wasn't confusing enough, I went to see who is currently the owner of 5 Points since Bob says he has no involvement despite the conflicting info above, and I find out that 5 Points has had their license suspended.

___

___

Now I am not making any outright accusations here, but the whole thing smells pretty fishy, and I think Bob Prisco / Stevens owes the BP community an explanation as to what's all going on here.

not only that he advocates buying the most risky property in Cleveland IE east side hoody stuff.. He then showed me some stuff in Jackson MS  same thing the hood.. Investors if they follow his advice are going to get hosed in that market as well.

this is just like the Sub to guys that post under different names.. @Scott Trench and his team have done a good job with the sub to guys they got removed but came back a few months ago and of course the post on all sub to threads and at first just normal responses like they did not really understand the bizz.. But could not help themselves and just went right back into their same ole schtick..

Of course there are plenty of turn key providers that suggest folks buy in the roughest areas no crime in that but 15 to 20% caps which is what he spouts constantly with no acknowledgement that he is really selling these properties .. He touts himself as owning 500 of them.. when in fact I suspect but dont know for sure.. the 500 is how many he has sold he might very well own 100s of homes so as he likes to say on BP he can live in FLA and never needs to go CLE.

Lastly Jim I am surprised it took you this long :)  AS you know one of the main rules on BP is operators / sponsor etc are suppose to divulge that they are in business and not pretend they are something else and they do it by Omission . 

I'm sure a lot of you have seen BP member Bob Stevens all over the forums telling people all about his 15% net cap Cleveland rental properties and the importance of his team.

If you do a little digging you see that there is this other guy named Bob Prisco. Bob Prisco looks, acts, and talks exactly like BP member Bob Stevens so I assume they are one in the same. Bob Stevens/Prisco sells turnkey properties and has websites advertising a complete turnkey experience where they handle all rehab and property management for out of state and out of country investors.

___

___

So having said all of the above, I got really confused when Bob was giving some BP members the advice that they didn't need a property manager in Cleveland. All they needed was a "team" to handle everything for them?

Well who the hell is on this "team" if there isn't a property manager? 

What exactly does this "team" do if they don't manage your property?

Beyond the obvious questions of what this "team" does, I was very confused by Bob's comments as I was under the impression that Bob owned a Cleveland property management company called 5 Points Property Management.

___

___

___

___

___

___

___

And if all of the above wasn't confusing enough, I went to see who is currently the owner of 5 Points since Bob says he has no involvement despite the conflicting info above, and I find out that 5 Points has had their license suspended.

___

___

Now I am not making any outright accusations here, but the whole thing smells pretty fishy, and I think Bob Prisco / Stevens owes the BP community an explanation as to what's all going on here.

Quote from @Bob Stevens:

Quote from @Maxim Abukhovsky:

Hi,

I've started building my portfolio of Section 8 single family home rentals and looking for experienced property management. Please let me know if you have any recommendations.

 I have 10 years' experience there, you 100% do not need a PM co. I fired them all. You get paid direct each month, so no chasing the PM co. Repairs are handled by your Maintenance Coordinator. As an owner you are still hands off, for 50% less of a fee then a PM co. It's all about your team and knowledge 

 lol what does this word salad even mean Bob? It's all about your team but you don't need a PM? So then who's on this team my guy?

Also correct me if I am wrong, but don't you own the property management company 5pointspm?