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All Forum Posts by: Steven Taylor

Steven Taylor has started 1 posts and replied 74 times.

Post: Thoughts on Lorain as a place to invest?

Steven Taylor
Posted
  • Investor
  • Lorain, OH
  • Posts 78
  • Votes 47

@Pete Abilla

Hi Pete I have about 200 homes is Lorain and manage about 600 more in the city

Lorain has great parts to be investing in. But it does have a few spots that you will loose in.

Where are you looking at

Post: Cash poor, real estate rich

Steven Taylor
Posted
  • Investor
  • Lorain, OH
  • Posts 78
  • Votes 47

@Lisa Sluss

Maybe go to a local bank or credit union.

Good job on getting them free and clear

Post: Do you have Loss of Rents insurance on all of your rentals?

Steven Taylor
Posted
  • Investor
  • Lorain, OH
  • Posts 78
  • Votes 47

@Cliff T.

I like to get enough insurance that if it burns down I get all my money back and I can fill the whole in the ground with dirt. I also like high deductibles to keep the prices down. Most of mine are at 10k deductible

Post: Cheapest rental you bought

Steven Taylor
Posted
  • Investor
  • Lorain, OH
  • Posts 78
  • Votes 47

@Nawzad Babiry

2k in Ohio about 8 years ago

Had to put about 15k in repairs but rented for $650

Post: Hey everyone! Young perspective investor here.

Steven Taylor
Posted
  • Investor
  • Lorain, OH
  • Posts 78
  • Votes 47

@Aaron Amarant

Make a game plan and stick to it. I started at 19 now 26 years later have made a bunch of money and equity. It’s a long term game plan. Keep up the right path and you will be fine

Post: Broker sponsorships for investors.

Steven Taylor
Posted
  • Investor
  • Lorain, OH
  • Posts 78
  • Votes 47

We might be able to help at Sandstone Realty we are out of Lorain

Post: Search Alerts in Marketplace - It's here!

Steven Taylor
Posted
  • Investor
  • Lorain, OH
  • Posts 78
  • Votes 47

I can only find from a PC not my phone

Post: Search Alerts in Marketplace - It's here!

Steven Taylor
Posted
  • Investor
  • Lorain, OH
  • Posts 78
  • Votes 47

@Lauren Hogan

How do I find the market place? I’m new to bigger pockets

Post: Who is a full-time Landlord?

Steven Taylor
Posted
  • Investor
  • Lorain, OH
  • Posts 78
  • Votes 47

@Alejandro Calixto

I worked for a company for 13 years before quitting my job. At that point I had about 70 units

I got board and did repairs for other landlords then started a management company. But today I could live off just my rentals about 300 of them

My friends that do it full time had jobs for 15-20 years and got there places paid for. Now live off the income

Post: Lorain Ohio (can anyone tell me about the area?)

Steven Taylor
Posted
  • Investor
  • Lorain, OH
  • Posts 78
  • Votes 47

@Andre' Arceneaux

We manage about 1000 property in the area. Lorain is a good place for rentals

Low property taxes and cheaper homes. Rents are cheaper than Cleveland but so are the expenses

The cities are also very easy to work with