All Forum Posts by: Mohammed Mellity

I want to let everyone know of a person named Frank Kelly Ciota. I trusted this man to manage my properties in St. Louis and he drove my whole business to a cliff. He managed 11 properties for me and I lost thousands of dollars and endless of hours to correct what he was doing and not doing. He is a fraud, a lier, and a drug addict. He served 10 years in federal prison for defrauding investors and home owners. He knows nothing about fixing or managing anything. He collected rent from my tenants without my knowledge, I paid him for work that he never did and I invested in mobile homes that he never bought. I trusted this guy because i thought he was the ultimate partner i was looking for so i am still paying for that blind trust in him. I am quitting investing in St. Louis and out of state completely because of him and i am suing him for the money he stole from me. Be carefull of this guy and his "workers". Never hire him to do anything for you. Not even cutting grass because he will butcher it.

George Emmoms above. Contact him. He will help purchasing, and managing the property for you. Good luck.

Thanks Joel. Yes, I am looking for a residential property managers for a fourplex in Cincinnati. I don't think Holton Wise Group covers the Cincinnati area. 

Does anybody know a good management company in Cincinnati OH. A company that doesn't nickle and dime and knows what it's doing with a reasonable fees?

Thanks in advance.

Marketing marketing, and marketing. Start sending direct mail and look for adds in craigslist for FSBO (for sale by owners).

@Brett Synicky I contacted Elaine Janks and she was not willing to work with me. She shut all the doors on me. :-(

I am planning on partnering with a friend of mine I used to work with. He is also into real estate and we are planing to flip houses. We are going in with the same amount of money and we both will be managing the process from beginning to end (50/50 everything). We are not planing to open an LLC or LLP (this partnership is temporary). we are just putting our money together for the first time to work on a deal. I talked to a Hard money agent to help us finance the rest of the deal but he asked me to put both my money and my friend's money in one bank account (probably my account) and I guess I will have to be the main person on the loan. Before I can go back to my friend and ask him to transfer his money to my account. My question is do I need to contact a lawyer to draft an agreement or something like that between me and my friend so it will make us both comfortable working with each other. I also want to show him that I am serious about this partnership and I am not someone that's gonna run away with his money. Any advice on how I should handle this situation will be appreciated.

Thank you all in advance!