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All Forum Posts by: Harrison Painter

Harrison Painter has started 24 posts and replied 648 times.

There is no other site on the planet were newbie and veteran investors alike can ask questions, network, and feel safe and secure from spam!

Sucking up, maybe.....but Josh and the gang deserve a ton of credit for all they do!

Have a Profitable Day Everyone!

- Harrison

I lost $30K on my first rehab real estate investment!

- Paid the contractor half up front.
- Went to the property and never saw any work being done.
- Left message after message
- Finally stopped by his house
- He was having a party (on my dime)
- Asked me for more money. (really?)
- Called him a thief
- He tried to defend his actions.
- I fired him and learned a very expensive lesson.

- Hired next contractor and only paid him a small fee up front
- Bought all supplies and delivered myself.
- Supplies were stolen as home was not secured properly by contractor.
- Work done was not that good
- Fired contractor #2

- Hired Contractor #3
- Spent even more money to fix #2's shoddy work

ahhhhhhh.....completed........

- Hired property manager
- Heard crickets chirp for weeks
- No return phone calls
- Fired Property Manager

- Hired Property Manager #2
- See Property Manager #1 experience

- Decided to manage myself.
- Advertised
- Many tenant prospects would make appointment and not show up?
- Frustrated, I filled the unit with the first person who came along
- They only paid 2 months rent.

- First eviction experience
- Another 60 days
- Tenants trashed unti

- Called Contractor #3 to fix issues
- Cost a few thousand dollars

- Finally rented out the place to great tenants
- Decided Real Estate was not for me and was going to sell property.

- Found a Real Estate Agent
- Listed Property
- Crickets chirped for weeks
- No Return Calls
- Fired Real Estate Agent

- Hired Real Estate Agent #2
- See Real Estate Agent Experience #1

- Decided to sell property myself
- SOLD!!!!

Profit/Loss = (-$30K)

Tough lesson

Decided to get into the business and work hard to prevent this from happening to others!

The seeds of Gladiator Real Estate Group were born..........

Success is not easy, but it comes through passion, honesty, and hard work!

Have a Profitable Day Everyone!

- Harrison

Post: Aspiring REI from Phoenix AZ

Harrison PainterPosted
  • Indianapolis, IN
  • Posts 759
  • Votes 183

Congratulations on taking the first steps, and welcome to the amazing BP community!

Anything you need, feel free to ask anytime! I am here to help you grow your real estate investment empire!

Have a Profitable Day!

- Harrison Painter

Post: Newbie from No. Cal

Harrison PainterPosted
  • Indianapolis, IN
  • Posts 759
  • Votes 183

Welcome to BP!

Have you considered Indianapolis? We are extremely affordable, great rental market, and our team here at Gladiator makes investors successful!

Also, keep networking with the great folks here in the BP community. There is a wealth of knowledge here that is second to none in the industry!

Have a Profitable Day!

- Harrison

Post: What is the best state to invest in?

Harrison PainterPosted
  • Indianapolis, IN
  • Posts 759
  • Votes 183

Listen to Tim.........Indiana is doing very well for investors! :)

The genius that is Joshua Dorkin! :)

Brilliant concept, and a great way to get members more involved, and of course feed some of our competitive spirits!!!!!

Thanks for adding yet another valuable tool to this community.

Post: Scripts

Harrison PainterPosted
  • Indianapolis, IN
  • Posts 759
  • Votes 183

"MikeOH needs sensitivity training" - Now that brought a smile to my face!!!!!!!!!

When you call, have the mindset that the person on the other line has a problem, and you have the solution!

No matter what objections they have, you already have the answers.

The facts are in your favor. A vacant house generating no income, increased liability, and some stress.

I do agree with MikeOH in the sense that a script can actually do you more harm then good.

My advice is to believe in yourself, your solution, and be very authentic to the person on the phone.

This will make your success rate much higher than any script ever could.

I see you have some passion inside by your tone in the thread, now channel that energy into as many phone calls a day as you can make, and success will follow!

Have a Profitable Day!

Post: Newbie from Iowa.

Harrison PainterPosted
  • Indianapolis, IN
  • Posts 759
  • Votes 183

Welcome to BP Teresa!

Congratulations on making the jump into real estate, and you are going to have so much fun blogging!

My advice is to get that Twitter and Facebook account going, and utilize it to drive traffic to your blog!

Anything you need, members of the BP community are here to help!

Have a Profitable Day!

Post: complete newb from staten island ny

Harrison PainterPosted
  • Indianapolis, IN
  • Posts 759
  • Votes 183

Welcome to BP Charles!

Your honesty is very refreshing, and your age is not important! The great thing about BiggerPockets is that everyone is accepted here, and there is no such thing as a dumb question.

It looks to me like you possess all of the qualities needed to succeed!

You will find BiggerPockets to be a massive toolbox that will provide you with most of the information you need to not only get started, but to become successful!

Make yourself at home, keep reading the posts, and start networking with others!

Have a Profitable Day!

- Harrison Painter

HP 10BII, Pencil, and Paper. :)