Considering investing in southern KY around Lake Cumberland areas. (Russell county, Adair County etc) Are there any investors, property managers, landlords or realtors who have advice for the area?
Mainly wondering:
1. Recommended contractors?
2. Recommended inspectors?
3. Recommended appraisal companies?
4. Average rents?
5. Turn around time to fill vacancies?
I’m doing the research as well, but if there’s anyone out there with experience in that area of the state I’d love some feedback!
Hey Jessica! I live and invest in Taylor County not far from the area you are looking in.
The rental market in adair county is pretty horrible right now unless you can get a property close to the college.
I personally steer clear of adair county because all of the current landlords severely under value rents making it hard to compete, not to mention it's almost impossible to find qualified tenants.
Russell county and the Jamestown area would be a much better location in my opinion.