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Straight Up Chicago Investor Podcast Episode 263: Buying Chicago Lots For $1 And Other Successful Strategies With Tanisha Blakemore

Straight Up Chicago Investor Podcast Episode 263: Buying Chicago Lots For $1 And Other Successful Strategies With Tanisha Blakemore

In a recent episode of the Straight Up Chicago Investor Podcast, listeners were treated to a captivating discussion with Tanisha Blakemore—a seasoned real estate investor whose journey in the industry spans nearly two decades.

Tanisha's story is one of resilience, resourcefulness, and unwavering determination. She kicks off the conversation by recounting her first foray into real estate back in 2005—a bold move that saw her purchase a 2-unit property in Auburn Gresham with 0% down. Her ability to navigate the complexities of real estate financing in a time when resources were scarce is a testament to her entrepreneurial spirit and willingness to embrace challenges head-on.

Throughout the episode, Tanisha shares candidly about the trials and tribulations she faced as a housing provider. From grappling with property fires to unexpected visits from the US Marshals, her experiences underscore the unpredictable nature of real estate investing and the importance of resilience in the face of adversity.

Despite encountering setbacks along the way, Tanisha remains undeterred. Her outlook on Auburn Gresham—a neighborhood with its own set of challenges and opportunities—is one of cautious optimism. She sees potential where others may see obstacles and remains committed to empowering both herself and her community through real estate investment.

As the episode draws to a close, Tanisha leaves listeners with words of encouragement and empowerment. Her journey serves as a reminder that success in real estate is not solely defined by financial gains but by the ability to overcome obstacles, adapt to change, and remain steadfast in pursuit of one's goals.

In the dynamic landscape of real estate investing, Tanisha Blakemore stands as a testament to the enduring spirit of perseverance and the limitless potential for growth and innovation. Her journey is a reminder that with passion, persistence, and a willingness to embrace challenges, anything is possible in the world of real estate.

Watch Straight Up Chicago Investor Podcast Episode 263 in Full Here

Questions We Answer In this Show:

Q. The Importance of Screening Tenants in Real Estate Investing

A. Video

Q. Tanisha Blakemore's Journey to Owning a Vacant Lot!

A. Video

Q. Cost Requirements for Owning Property!

A. Video

Show Notes:

  • 03:05 Housing Provider Tip: Routinely check smoke detectors to mitigate risk.

  • 04:09 Intro to our guest, Tanisha Blakemore! 

  • 07:47 Tanisha’s first deal at 25 years of age!

  • 12:25 Tanisha’s next steps following her first deal.

  • 15:45 US Marshals at Tanisha’s property!

  • 18:14 Another property fire story!

  • 26:14 Acquiring a Dollar lot!

  • 30:44 Tanisha’s decision to get licensed.

  • 33:15 Outlook on Auburn Gresham.

  • 35:27 What is Tanisha’s competitive advantage?

  • 36:05 One piece of advice for new investors.

  • 36:42 What do you do for fun?

  • 36:55 Good book, podcast, or self-development activity that you would recommend?

  • 37:55 Local Network Recommendation?

  • 38:28 How can the listeners learn more about you and provide value to you?

Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guest Name: Tanisha Blakemore

Guest Company: Dreamtown Realty

Guest Link: https://msha.ke/tanishabemore

Other Links for show notes:

The Richest Man in Babylon (Book Recommendation)

Tanisha's Instagram

ChiBlockBuilder

SUCI Ep 250 - Jonathan Klemm

Show Sponsors:

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