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All Forum Posts by: William H.

William H. has started 4 posts and replied 24 times.

Post: New member! Loves renovation, loves downtowns!

William H.Posted
  • Investor
  • Indiana, mostly.
  • Posts 25
  • Votes 3

@Brandon Turner Have to admit I do love the keywords. First thing I did. Thanks for being so welcoming and building a culture aimed that way.

@Al Williamson It's always nice to see someone who believes in the city and wants more for it than the sum of its parts. What keywords did you use to find this thread and how are you finding more folks with that focus? Feel free to pm if that's better.

Post: New member! Loves renovation, loves downtowns!

William H.Posted
  • Investor
  • Indiana, mostly.
  • Posts 25
  • Votes 3

@Bryan L. Hey. You're a couple rungs up on the ladder from me and for some reason I noticed you in the forums a few days ago. I appreciate your safety net words of advice. I think I can say we like finding and constructing the financial side of the deal as much as or more than the finish side. Ours (your and my world, RE investing) is a rare world where we can employ both sides of the brain and I do like that.

I think 1900s houses require a commitment to build and finish quality in order to keep their integrity. You (we) have to price that in, and decide to learn it. We are recovering houses from hack jobs. And, like I said above, really happy with each deal.

Gut rehabs sure do give ample opportunity to spend or save money and I too have heard the stories. I see you know of what you speak.

Post: New member! Loves renovation, loves downtowns!

William H.Posted
  • Investor
  • Indiana, mostly.
  • Posts 25
  • Votes 3

I really appreciate the welcomes. Lots of people from the Hoosier state...a few guys fairly local. Names to watch, I am sure.

@Mehran K. In my lurking days I saw you had some interest in this part of the world. I remember your quality contributions.

Post: New member! Loves renovation, loves downtowns!

William H.Posted
  • Investor
  • Indiana, mostly.
  • Posts 25
  • Votes 3

Hi all! This sub-forum suggests an emphasis on home state location. I grew up in Indiana. It's an interesting, conservative market and I like it a lot. These days though I'm better equipped to look at the redevelopment of city centers and their attraction of the young crowd. There is a lot of that in a lot of other regions. Oklahoma City, I'm looking at you (for example). Omaha? I/we're very interested in neighborhood renewal, and not just gentrification necessarily. How do other investors fare in mid-sized towns that may not have a lot of economic drivers like a big town? Who here gets excited at the things that aren't suburbs, bread and butter beige boxes? Never really expected to love old houses!

I've been reading and at least pretty aware of real estate for many years. Mostly I've worked for small businesses so I got to wear many hats, just like we investors get to do. For one business, I bought another little company, and its building, and some land. Honestly I'd love to be back in that small-commercial space again, this time for myself. Right now it's all residential. We want to grow by a few buildings a year. Systems are in place. Niche is clear. Participation has been good with the family-and-close-friends levels of investors. I am really happy with each deal. Now ready to expand knowledge base and scale up, with partners and without. It looks like BP stands at the ready!

I value community in real life, so I'm attracted to the contribute-and-add-value way of thinking around here and the generally positive attitude.