All Forum Posts by: Harrison Painter

Welcome to BP Whitney!

I LOVE the name....when you start getting your name out in the investment world, people WILL remember you.

Thank you for your service! (Fellow Vet here too) and congratulations on taking the first steps to real estate investing!

We look forward to networking with you and MAKING REAL ESTATE HAPPEN!!!!!

Have a Profitable Day!

Ethan,

In my opinion, you did the right thing.

A GOOD Mortgage Broker will usually be able to offer you the most diverse options possible for a transaction.

Tom,

Adrian just nailed it!

This is the best sentence on this entire thread for you to listen too!

I am a big fan of having a business plan to get started, my only advice is to not make it super complicated, as it can create a slow down in your activity that is not justified.

We have seen investors spend 6 months on a business plan! LOL

- Just write a basic mission statement.
- Create a "realistic" goal of how much money you want to make in 2009
- Find out what the average wholesale deal will net you in your area.
- Plug and play the numbers game to figure out how many wholesale deals you need to achieve your goals.
- Let every, single human being you come in contact with know what you are doing.
- Get out on the street and meet at least 3 new people per day!
- Focus on activities that MAKE REAL ESTATE HAPPEN!

While this advice might be generic, it is effective!

2009 is the year of getting back to basics!

Have a Profitable Day!

The rental market has been fantastic in Indianapolis!

Properties here are easily rented in less than 30 days and we have taken no rent reductions!

I applaud my team for doing such a fantastic job, and feel that the quality of our properties play a huge role in making it happen!

I LOVE INDY!!!!!!

Thanks Terry, I really appreciate the kind words!

I just released my newest video:
http://www.biggerpockets.com/blogs/85

Make sure to get over to the Blog page and support your fellow BP members!

Feel free to leave your questions and comments, and if you have something to say, get active and start creating a blog of your own! It really is a lot of fun!!!

Let make real estate happen!

I have been doing research since I have taken my personal blog to the video format.

It has led me to some great videos, and here is another one I thought I would share:

http://www.youtube.com/watch?v=HANTJ1JlNbc

I can sum this video up in one word: CLASSIC!

For just $3,700 a day, you can make a difference!

http://www.youtube.com/watch?v=qDC0qcf0kzE

I love the line: "Everyday, he has to walk more than 50 feet to his waiting limo!"

Top 5 Real Estate Investor Concerns

1. Financing availability
2. Tenants’ creditworthiness
3. Unforeseen economic shocks
4. Rising vacancy rates
5. Rising operating expenses

Source: Marcus & Millichap 2009 Real Estate Investment Survey

I thought I would share this fantastic video with everyone.

http://www.youtube.com/watch?v=jeYscnFpEyA

The best line in the video is: "Look in the mirror, there's your leader!"