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All Forum Posts by: Taylor K.

Taylor K. has started 26 posts and replied 49 times.

Post: New job, trying to buy rentals

Taylor K.Posted
  • Dilliner, PA
  • Posts 50
  • Votes 14

Hello, 

I am going to be starting a new job soon with a salary of 50k. I have around 18k in student loan debt. I have around 8k in savings and a  credit score of 670. 

I am trying to start acquiring cash flowing rental properties. I live about an hour south of Pittsburgh, so real estate here is pretty cheap compared to other places. 

I would like your guys opinions on if I should be trying to pay off my student loans first before trying to invest. Thanks in advance  

Post: 1BR/1 Bath Rental

Taylor K.Posted
  • Dilliner, PA
  • Posts 50
  • Votes 14

Thanks for the input Victor. I agree that it probably would be difficult to resell. My main strategy is buy and hold.

I look to invest mostly in rentals that are in the 30k-50k range and try to get good cashflow from them. 

Post: 1BR/1 Bath Rental

Taylor K.Posted
  • Dilliner, PA
  • Posts 50
  • Votes 14

What do you guys think of 1BR/1 Bath rentals?

Recently I found a deal near me for a 1BR/ 1 Bath asking $14,900. (Real estate is cheap where I'm from). It is clean and could probably use a little paint and some flooring. I could probably rent for $400 a month plus utilities.

What do you guys think? Bad idea? Thanks in advance.

Post: Should I try to wholesale a mobile home?

Taylor K.Posted
  • Dilliner, PA
  • Posts 50
  • Votes 14

Hey guys, 

I am currently marketing for my first mobile home deal. I posted an ad on Craigslist saying we buy Mobile homes and I got a reply for a woman saying that she was looking for a mobile home preferably a double wide and asking if I had one to sell. I don't have one but could I essentially wholesale it to her to an assignment fee? What are your guys thoughts on this? Thanks in advance 

Post: Newbie from Pittsburgh, PA and Morgantown, WV area

Taylor K.Posted
  • Dilliner, PA
  • Posts 50
  • Votes 14

Hey Jon, 

Nice to see someone on here from my area. I'm I'm Greene County. I am also a beginner trying to get into real estate.  I will be following along with this thread, congrats on getting started! 

Taylor 

Post: Newbie trying to get in the game

Taylor K.Posted
  • Dilliner, PA
  • Posts 50
  • Votes 14

Hey guys, 

I am 19 years old and currently trying to get into real estate investing. I work an under the table job and I have about 7k in savings and a mediocre high 500s credit score. I'm looking to take the next step to get into real estate. I live in an area that properties are very cheap. Does buying a rental seem feasible? Or should I just put all my focus into wholesaling? Looking forward to hearing from you guys. Thanks in advance 

Post: Looking for mentor in southwestern Pennsylvania

Taylor K.Posted
  • Dilliner, PA
  • Posts 50
  • Votes 14

Hey guys, 

I am a ambitious 19 year old looking for a mentor in the southwestern PA area in areas like Uniontown or Pittsburgh. I will work for free and help in anyway I can in exchange for the experience and education. I really would like to mentor someone that is wholesaling specifically. Any help or advice is appreciated. Thanks

Post: Looking to Invest

Taylor K.Posted
  • Dilliner, PA
  • Posts 50
  • Votes 14

Hey Sonit 

I am a newbie investor also from the Morgantown area looking to learn from someone with experience. If you would wanna chat sometime that would be greatly appreciated

Post: 19 year old seeking investment knowledge

Taylor K.Posted
  • Dilliner, PA
  • Posts 50
  • Votes 14

Hey guys,

I am 19 years old with the intentions of getting into real estate. I am currently enrolled in community college and have found out that college is not for me. I would rather educate myself without wasting thousands of dollars paying for irrelevant classes. I am hoping to be able to quit soon and begin my career in real estate investing. 

 I currently have a little over $5,000 to my name. I work making $10 an hour getting paid under the table. I want to eventually have many rental properties. So here is my question, what should be the first steps into getting started in real estate? 

Any information is appreciated. Thanks