All Forum Posts by: Taylor Nunn
Taylor Nunn has started 10 posts and replied 60 times.
Post: Salesperson License VS. Broker License
- Zion, IL
- Posts 60
- Votes 35
Originally posted by @Brian Garrett:
Here in Florida you have to be an agent for 2 years before you can become a broker.
Not sure if that's the same everywhere but you might have to start as a salesperson regardless.
This is really good to know, thank you! I will look into the regulations for my area. Were you ever an agent?
Post: Salesperson License VS. Broker License
- Zion, IL
- Posts 60
- Votes 35
Which path did you choose and why?
Looking to obtain one of these licenses or both, but am curious to hear about your personal journey, why you chose what you did, and the likes/dislikes about your decision.
Post: How I made 144K in 21 Months House Hacking
- Zion, IL
- Posts 60
- Votes 35
Thank you for sharing, Gary! A lot of good information, and your hustle is undeniable! What made you move to Vegas?
Post: REAL ESTATE INVESTOR SEEKS TRAINEE
- Zion, IL
- Posts 60
- Votes 35
I came across a sign that read, "Real estate Investor seeks trainee, earn 5k/10k a month while training."
I'm going to call, but before I did I wanted to ask if anyone else has come across these signs, and what happened when you called?
Also, have any of you more experienced investors used a sign like this to recruit a trainee?
Post: If you started all over again, what would you do differently?
- Zion, IL
- Posts 60
- Votes 35
Originally posted by @Sharon Vornholt:
@Taylor Nunn - Reach out to John Casmon in your area. Casmon Capital Group. He is very knowledgeable about Chicago.
Thank you Sharon, greatly appreciated! I will definitely be contacting him.
Originally posted by @Alex Proskourine:
Dear Investors,
I am interested in your opinions in doing fix & flips in the Hegewisch community of Chicago, IL. For the past week I have been doing comparative analysis for foreclosed / pre-foreclosed properties in relation to recent retail purchases of similar properties in this neighborhood. I was wondering if this community is preferred for Fix and Flips and if anyone has had any experience investing there.
I am also confused on why there are fully rehabbed homes in Hegewisch that are foreclosed, completely rehabbed and updated and have been sitting on the market for over 1 year and are selling at a great discount. There are also fixer uppers that are also foreclosed and are selling very well for a similar price. Is there just something very wrong with the property that looks great but just cannot sell at all? Your feedback is appreciated!
Thank you so much!
Alex
Great question! Looking forward to reading some of the responses.
Post: If you started all over again, what would you do differently?
- Zion, IL
- Posts 60
- Votes 35
Originally posted by @Sharon Vornholt:
1. Not wait so long to get my first deal. It was about a year for me. Just do it.
2. You should crystal clear that marketing is your #1 job in real estate investing so get really good at marketing. You don't need to know anything else if you don't have leads coming in the door. This tends to be put to the side when things get tough especially if you have a JOB.
3. Build your brand right from day 1. I wish I had done that. Marketing and branding go hand in hand. Think of it this way: marketing is how you get deals in the door. Your branding is why they choose YOU.
4. Dive into your local REIA, groups like BiggerPockets, and blogs and read everything you can get your hands on. Instead of watching so much TV binge on real estate education.
This was very helpful and informative Sharon, thank you! I definitely noted what you said.
Only problem I'm facing right now is analyzing and choosing a market that is going to work for my plans long term. Due to living in the Chicago area, I'm afraid I will not be able to sell or rent, so I'm looking to dial in on a neighborhood where I can see future growth.
Post: Auction Rules Give Me Blues
- Zion, IL
- Posts 60
- Votes 35
Originally posted by @Jay Hinrichs:
there are many kinds of auctions but most will state the funding rules.. and if one of them is cash only then thats what it is.. plus here are NO lenders that do 10k and under loans.. :) other than you mom and dad
So, since the listing said no conventional loans, do you think they would have accepted other types of finance?
Thanks for responding!
Post: Auction Rules Give Me Blues
- Zion, IL
- Posts 60
- Votes 35
I recently was looking at properties going up for Auction and came across a duplex up for auction at 10k, with tennants already there.
Then underneath the listing it said "No conventional loans."
Are there any other rules you have to follow when trying to buy an auction property? Or was this just a one time thing?
Post: If you started all over again, what would you do differently?
- Zion, IL
- Posts 60
- Votes 35
Originally posted by @Wendy Black:
"If you were young again"...
That's an incorrect assumption that people who start out in REI are young. Not everyone who starts out in REI is in their 20s or even younger. We didn't start until our 60s and used retirement money. That means that without all those years to right a wrong, we've had to be very careful. It's paid off.
I also would say to have some dispassion toward the properties themselves. That said, realize that those of us who are lucky enough to deal with real estate and large sums of money can forget the work that goes in for most people to save for their money down. For many people, owning any piece of property is still a dream.
I wasn't trying to assume everybody was young when they started investing. Thank you for opening me up that perspective, though. It never crossed my mind that people don't start until later in their lives. Everybody in this business truly does come from different backgounds and entry points. I love it.
You made a great point on how that that has benefited you.
With that being said, do you ever wish you couldve obtained information about real estate earlier in life, and started investing sooner?