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All Forum Posts by: Taylor Kendrick

Taylor Kendrick has started 7 posts and replied 24 times.

Post: Thanks for having me!

Taylor KendrickPosted
  • New to Real Estate
  • Posts 24
  • Votes 12
Quote from @Clayton Silva:

Nice to have you here Taylor!  Just out of curiosity, why those markets?

Thanks, Clayton! I'm familiar with the Chicagoland and Milwaukee areas so that's where I'd like to start.

Vegas would be nice for its proximity to my current location.

Los Angeles/Southern California as a long, long-term ownership goal would be great because I just flat-out don't want to live anywhere else.

Post: My starting point

Taylor KendrickPosted
  • New to Real Estate
  • Posts 24
  • Votes 12

Hey all,

I'm looking to enter the RE market with a few rental properties, ideally in the Chicago suburbs. I'll have the option to invest anywhere from $50,000 - $100,000 in down payments. I'm targeting rent-ready single family homes and multi-family properties (2-4 units). 

What is my real budget here? I'm curious how many properties I could reasonably afford up front. Does it make sense to diversify and make 2+ purchases with this initial seed? My instinct tells me yes if I can find quality properties at my price point, but that there could be some benefit to putting it all on one potentially more reliable/higher quality structure. 

I'd love to hear what the rest of you folks might do if you were in my situation. Thanks a ton.

Quote from @Eudith Vacio:

Hey Becky! 👋🏽

Perfect timing - now is the time to set up your team to help you find a lucrative deal in the north side of Chicago. It's a good time to start exploring your loan options and setting yourself up to search alerts so that you can become familiar with the area, and start running the numbers :) it's a little harder to cash flow in the north side, but the appreciation is quite significant. 


 Hey Becky, I see your note about cash flow being lower on the north side but appreciation being significant. Based on what you know about that market, why do you think that is? 

Post: Thanks for having me!

Taylor KendrickPosted
  • New to Real Estate
  • Posts 24
  • Votes 12

Hey all,

Soon I'll be closing on my father's old house that I inherited and I want to get back into the market with some rental properties. Been lurking here for a while and constantly felt like I was learning something new. I'm excited to be here and continue that journey. 

I'm 34M with a full-time job and my long-term goal is to be at the point where I don't need that job at all. My hope is to scale and grow wisely but proactively as I march toward that reality. Markets I'm interested in are the Chicago suburbs, Milwaukee suburbs, Las Vegas, and eventually Los Angeles when money permits. Remote ownership will be my primary play as I want to keep living in SoCal. 

Anyway, thanks for having me. Looking forward to learning from all of you.