All Forum Posts by: Joshua Hardy

Hello Bowling Green Real Estate Investors.  I have been wanting to attend a local real estate investor meetup, however there wasn't one available.  So I decided to take the plunge and create one.  The plan is to have a monthly meetup where like minded people can come together and discuss challenges, successes, and opportunities.  There won't be any sales pitches (I work in software development), just a gathering where we can talk over some drinks and/or food.

Please RSVP, as space is limited. 

Mariah's Restaurant - Room 300 

@Nick Brown Awesome job on getting a home under contract!  It sounds like the lower response rate of postcards vs the yellow letters is a good thing?  I mean a good thing in that the responses are less, but of a higher quality? 

@Nick Brown I'm curious how the rest of the month went.  Did you continue to make touches?  Did calls continue to roll in?  Any closed deals?

@Zachary A. Thanks a lot for posting your numbers.  You said you've done 2 wholesale deals.  Would you be willing to post how many calls/responses to mailers before getting those deals?

@Jose Castillo This thread is full of awesome actionable advice.  Thank you for posting about the details of this journey.  I am putting together my direct mail campaign currently, and it is so cool to read this thread (I read from the beginning) and get to learn about your success.  

I have heard and read that response rates for today's market is between 0.5%-2%.  I wonder if there is any competition in your area, which if not, is helping your response rate?  I've also heard that it usually is between 20-30 calls/responses to get a contract.  From my research it seems that your wholesale fee of 3000 is a little low?  Is this after splitting it with your partner?  

You writing about this journey is very inspiring for me (and I'm betting for a lot of others too).  I hope you continue to keep writing about your efforts.  Cheers!

The competition in Nashville seems to be pretty fierce.  Devan McClish from show 180 of the podcast is doing a lot of deals within 5 miles of the urban core.  I listened to another pod cast he was on (Dwellyn) last night, and he said he is upping his mailing to 13,000 monthly (from 11,000).  @Benson Juarez, have you already saturated your local area?  From my understanding Denver is a pretty great market to be in.

@Matt Beech interesting concept on no speaker.  One of my fears is that a speaker would commit, and then have a conflict of schedule, and I'd be trying to figure out how to work things out.  

@Bryan O. as far as how big the meetup will be, I have no clue. I simply know I've wanted to attend and network at a REI meetup and nobody is doing one around here, soI figured I'd scratch my own itch. You said you started a meetup as well, where did you end up hosting the event? And you said possibly plan for a guided discussion, this sounds pretty solid. Could you suggest a few talking points so I can get an idea of a good direction?

Hello Bigger Pockets Pro's.  I live in Bowling Green, KY (about middle ways between Nashville, TN and Louisville KY) and there isn't a local meetup for real estate investors.  The primary driver for going Pro was so I could create a BP meetup, and help facilitate networking in my local area, but I'm curious on how I should go about doing it.  

I've never been to a REI meetup before, but have been to software developer meetups and the pace is usually, have a few snacks and then someone talks for 20-30 minutes about some stuff they are working on, and then general networking for about 30 - 40 minutes.

Basically, I'm looking for tips on how to create a successful event.  Who should I reach out to invite to speak, and do you have any cautionary advice?

Hello everyone, I wanted to let you all know how things concluded. Prior to taking any action, I sought out wisdom from the community (including this one). Eventually, I had my 'come to Jesus moment' and recognized that even if I 'won this battle', I would actually be 'starting a war'.

I have no desire to be at war with anybody, and certainly not a neighbor.

Fortunately my would-be-neighbor and I came to an agreement and made a deal. I didn't really want to sell the land, as my wife and I had many sentimental memories there, but it seemed like the best decision.

Albeit a hard decision to make, I am happy that things worked out as a win-win for all parties involved. Thank you to everyone who helped along the way!

Hello everyone, I wanted to let you all know how things concluded.  Prior to taking any action, I sought out wisdom from the community (including this one).  Eventually, I had my 'come to Jesus moment' and recognized that even if I 'won this battle', I would actually be 'starting a war'.  

I have no desire to be at war with anybody, and certainly not a neighbor.  

Fortunately my would-be-neighbor and I came to an agreement and made a deal.  I didn't really want to sell the land, as my wife and I had many sentimental memories there, but it seemed like the best decision.  

Albeit a hard decision to make, I am happy that things worked out as a win-win for all parties involved.  Thank you to everyone who helped along the way!

@Bill Gulley I think I am starting to see the light.  And I see what you are saying with regards to common language and comparing it with the other common easement language and what-not, without a clear statement of intent, then we fall back to the others.  I appreciate your exhaustive approach to helping me to understand.  I certainly like to try to approach a problem from a lot of different angles, and I think I have gotten this one pretty well nailed down.  I hope to work with my neighbor, possibly work out a deal to buy or swap some land.  Maybe let him use this driveway for his business and buy some of his land on the other side to build my own personal residential driveway.  I certainly don't want any lengthy or costly legal battles.  Nor do I want future bitterness towards this situation.  I've even considered simply going with the flow of progress and re-zoning this lot to commercial as well.  I'll certainly keep the forum updated with what the end result is.  My goal is to make this a win-win, and realize that development, and change are going to happen regardless.  Thanks again for all the advice.