All Forum Posts by: Eric H.

@Jesse Holmes I second @Chris D. The BWI meetup is second Wed of month at BWI Marriott.

Hope to see you there!

Sincerely,

E. Harris

quick rundown......have a budget.....be consistent......follow up......be consistent....follow up....be consistent

I would recommend learning the market you are going to be investing in and determine your criteria (location, price range, type of property, sq footage, beds, baths). Also you should have multiple exit strategies. If flipping fails, will it still be a deal as a rental? Start looking at properties and running the numbers so you will be ready to recognize the great deal when it comes along. How to learn your market? Join local reias. Set up your keyword alerts for your market (city, state, zip code, school district, major streets, monuments, etc). Network with other investors that are already doing flips in your market. Subscribe to local politician's newsletters. Drive the neighborhoods you are interested in, all times of the day to get a good feel for it. Get out of the car and talk to the neighbors in those neighborhoods. They will be able to tell you a lot of information on the neighborhood and may even know of a house or two that is vacant, distressed, or about to go on sale. Positive members of the community love to tell you about the vacants because they don't want them in the neighborhood. Of course you should continue to engage on the BP forums and there is a wealth of information on this site.

Hope this helps!

Sincerely,

E. Harris

 The 50% rule says that total operating expenses for a rental will at least be 50% of gross monthly rent. $1000 rent = at least $500 expenses. But I would recommend using any "rule" more like a measuring stick rather than a rule. I recommend still running hard numbers to calculate the exact amount of expenses. The measuring sticks are just a quick way to analyze a property.

Hope this helps!

Sincerely, 

E. Harris

I have been doing both. Just something small that says "if you're an investor please join our buyers list @ my website" in the bottom corner of marketing piece. Also when investors call I try to add them to my database. Disclaimer: I have done a total  of 4 mailings. Mr. Horn has much more experience. I am just trying to maximize marketing  $.

 Welcome to BP! Start by setting one of your keyword alerts to "marketing". Also check out this thread

http://www.biggerpockets.com/forums/87/topics/1821...

Attend your local REIAs and get your name out there.

Talk to @Antonio Coleman about internet marketing.

You have already started marketing yourself by engaging on the forums. Continue doing that. Its a great place to learn and contribute to others growth.

Happy investing!

Sincerely,

E. Harris

@Dev Horn are you answering live or sending calls straight to voicemail?

@Anna Buffkin & @Steve Babiak Thanks for your contributions. Exactly what I was looking for. But are you guys telling me there are no entry level leasing or title positions? My transferable skills (quality customer service skills, ability to multitask and adjust to changing environments, team player, ability to work with different personality types) with my real estate experience will not suffice?

@Shaniqua Dupree Thanks for chiming in. Everything you said helps! It reassured me I was doing the right thing. We all need some reassurance now and again. I will be beginning the classroom hours to get my RE License in July. Another income stream. I'm still persistent and consistent with my wholesale marketing and attending my local REIA every month. A job will perform the function of looking good to traditional banks and will help me get out of debt faster. But I totally agree with you. Building systems and building businesses is the way to go. I wish you the best in all of your future endeavors!

@Dev Horn I am more than honored that you even took the time to respond to my post. I have learned much about marketing from you. I learned about shared mail from one of your posts or videos and will be starting my first shared mail campaign next month. Thanks for chiming in!

I've applied to over ten positions in the last week. Only two responses, both were 'sorry we hired someone else'. I will keep plugging away, and I will not settle for anything that's not on my terms. I will let you guys know how I make out.

Happy investing BP!

Sincerely,

E. Harris

 Congratulations!!!!!👏👏👏👏👏👏👏👏👏