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All Forum Posts by: Nita Taylor

Nita Taylor has started 7 posts and replied 26 times.

Post: Newbie from LA, looking for other states for investing

Nita TaylorPosted
  • Residential Real Estate Broker
  • Naperville, IL
  • Posts 26
  • Votes 7
Hi. Lots of investors from Cali invest in the Chicago market. I'm a local realtor & investor so let me know if you have questions.

Post: Keller Williams or others for new agent

Nita TaylorPosted
  • Residential Real Estate Broker
  • Naperville, IL
  • Posts 26
  • Votes 7

Hi Alex.  I was thinking about KW, but have not made the switch officially yet. I like the vibe there & how they have a tons of technology & trainings to offer. I am personally interested in the Bold program which seemed like it could really boost your business and help with setting the write mindset & establishing systems early on. I know that training & support from your managing broker is really important early in your RE career. There are tons of good brokerage to choose from. Good luck!  

Post: Jonathan Harrison-Chicago newbie

Nita TaylorPosted
  • Residential Real Estate Broker
  • Naperville, IL
  • Posts 26
  • Votes 7

Hey Jonathan! My advice is to listen to the Bigger Pockets Podcast, which are free. Buy/ Rent some real estate & business books. My favs are Millionaire Real Estate Investor, 10X Rule, and the One Thing. These books are on Audible if you don't have the time to read but could listen. Go to local MeetUps, but my advice is to not pay a mentor. Lots of local mentors will charge you for classes and its basically info you could get here on BP & by reading. Tons on experience will come from analyzing deals & jumping in the RE game and doing a deal. If you're motivated that's half the battle.  Also BP has a tons of books too that you could check into. 

Post: What do you use to pre-screen your tenants?

Nita TaylorPosted
  • Residential Real Estate Broker
  • Naperville, IL
  • Posts 26
  • Votes 7

Hey Brandon. I use Buildium, which is an online property management software. Its about $45/month. There is a built in system on there for credit & background checks. Very helpful, easy to use system & reasonable priced. 

Post: 3-Unit Deal Analysis (Newbie)

Nita TaylorPosted
  • Residential Real Estate Broker
  • Naperville, IL
  • Posts 26
  • Votes 7

For me cash flow is too low, but if you could rent the area above the barn for $500+ I would consider it.

Of course as you mentioned shoot for a price lower than $99K. I normally look for a 10%+ NOI. This isn't too bad but with the 4th unit I would be even better. I estimated at $550 income per month.

Post: Thank you & Check in from Chicago

Nita TaylorPosted
  • Residential Real Estate Broker
  • Naperville, IL
  • Posts 26
  • Votes 7
Originally posted by @Bryan Pham:

@Nita Taylor Sounds you are kicking butt, Nita! Keep up the good work!

 Thank you! 

Post: Thank you & Check in from Chicago

Nita TaylorPosted
  • Residential Real Estate Broker
  • Naperville, IL
  • Posts 26
  • Votes 7
Originally posted by @Kerrissa Murry:

Hey!!!! It's Kerrissa from Bolingbrook. We are currently flipping in the Dolton area. Let's chat 

 Definitely! I'm familiar with Dolton. Do you attend any meetups nearby?

Post: Thank you & Check in from Chicago

Nita TaylorPosted
  • Residential Real Estate Broker
  • Naperville, IL
  • Posts 26
  • Votes 7
Originally posted by @Account Closed:

Nita! Would love to help you in any way I can. Feel free to reach out. Keep rocking! 

 Will do. Let me know if you attend any local meet ups! Can meet up there.

Post: Thank you & Check in from Chicago

Nita TaylorPosted
  • Residential Real Estate Broker
  • Naperville, IL
  • Posts 26
  • Votes 7
Originally posted by @Bryan Pham:

@Nita Taylor Sounds you are kicking butt, Nita! Keep up the good work!

 Thanks so much! 

Post: Thank you & Check in from Chicago

Nita TaylorPosted
  • Residential Real Estate Broker
  • Naperville, IL
  • Posts 26
  • Votes 7
Thanks so much! Will do!