Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Bob Stevens

Bob Stevens has started 87 posts and replied 6296 times.

Post: Real Estate Partners (Flipping)

Bob StevensPosted
  • Real Estate Consultant
  • Cleveland
  • Posts 6,413
  • Votes 3,681

@Robert Larmore call your attorney, Its a simple doc,,, KEEP IT SIMPLE 

Post: Big Management companies or small management companies?

Bob StevensPosted
  • Real Estate Consultant
  • Cleveland
  • Posts 6,413
  • Votes 3,681

@James G. as long as they are doing their job, I do not care if they have 5k doors or 100,,,,, 

Post: What factors to consider and which markets to focus for rentals

Bob StevensPosted
  • Real Estate Consultant
  • Cleveland
  • Posts 6,413
  • Votes 3,681

@Simran Singh  the one that provides the best overall return,,,,,,,, not just on paper but real return,,,, 

Post: CURRENTLY TAKEN NEW TENANT

Bob StevensPosted
  • Real Estate Consultant
  • Cleveland
  • Posts 6,413
  • Votes 3,681

@William Vedder  TERRIBLE idea, why are you even posting this, ? There is no question 

Post: Tenant Abandonment of Property

Bob StevensPosted
  • Real Estate Consultant
  • Cleveland
  • Posts 6,413
  • Votes 3,681

@Rebekah Nation there gone, clean out the remains, store it for 30 days ( that what we do in OH ) move someone in, Also call your attorney,, KEEP IT SIMPLE :) 

Post: Best way to evaluate the real estate market out of state?

Bob StevensPosted
  • Real Estate Consultant
  • Cleveland
  • Posts 6,413
  • Votes 3,681

@Travis P. 1st off STOP READING BOOKS, !!! Simply go online. tons of info, and speak with a local investors. Its really not that difficult.  It took me about 2 hours or less to determine my market, since then I have done 100s and 100s and 100s of deals,

Good Luck

PS make sure you are cash otherwise, MUCH more difficult to find good deals 

Post: Requiring Applications prior to viewing property

Bob StevensPosted
  • Real Estate Consultant
  • Cleveland
  • Posts 6,413
  • Votes 3,681

You are right and wrong. 1st we do not run " hard credit " 2ND We show ( there on the site ) photos of the properties, there all the same. No we are not going to run around showing properties to those that have not been approved. 550ish credit, no felonies, and about 3 x the rent, so if you do not have that well ... MANY lie, they even lie knowing we are running background. So while you are entitled to your opinion, it is only that unless you actually work the business. 

Good Luck 

Post: Can you provide an example of using a HELOC to flip a house?

Bob StevensPosted
  • Real Estate Consultant
  • Cleveland
  • Posts 6,413
  • Votes 3,681

@Matt Buck you 100$ do, :)  KEEP IT SIMPLE, 

Good Luck 

Post: High Offer, Countered With “Highest and Best”

Bob StevensPosted
  • Real Estate Consultant
  • Cleveland
  • Posts 6,413
  • Votes 3,681

@Mark Abbate EVERY realtor has the same BS LINE, " HIGHEST AND BEST" it seems thats what they learn in RE School........ Property on the market for 5 month you put in an offer, then all of a sudden, multiple offers, highest and best. Your offer was 100k over ask, it should have been yours. 

Post: Can you provide an example of using a HELOC to flip a house?

Bob StevensPosted
  • Real Estate Consultant
  • Cleveland
  • Posts 6,413
  • Votes 3,681

@Matt Wells really not sure how to respond. Borrow money ( HELOC, ) use it to buy a property, fix it , sell it for a profit, and do it again. Not really sure what you are trying to ask. KEEP IT SIMPLE. Again, borrow, fix, sell , do it again. Who cares about the small interest rate. its meaningless.

PS I suggest going to your local REIA meeting and connect with someone doing deals, learn then apply what you learn

Good Luck