Investor · louisville, KY · Member since 2015 · 26 posts · 9 votes
Hello all. After listening to hours of BP and other podcasts, I have finally joined in on the forum. I own a lawn care franchise in Louisville, KY that is growing steadily. My goals are to begin as a passive investor while focusing on growing my franchise. Instead of giving Uncle Sam a large portion of my bottom line each year, I plan on investing it into real estate. My wife and I are forming an LLC this month and would like to purchase our first two properties before year end.
I look forward to trolling around the site and making new friends.
Real Estate Agent · Bowling Green KY ~ Lexington, KY · Member since 2015 · 1k+ posts · 602 votes
10y
@Michael O'Connell welcome to the BP community! Getting two properties by the end of the year is lofty goal, but definitely achievable. However, you will need to take action immediately!
Always run your numbers! Much better to pass than to buy a bad property that doesn't make REI sense right off the bat.
Critical Care Registered Nurse · Senoia, GA · Member since 2015 · 53 posts · 8 votes
10y
@Michael O'Connell Welcome to BP Nation. There is plenty to read, watch and listen to. I highly suggest you write down any questions you have and then do a search. There is a great chance someone has asked the question or written a post about it. Also do not forget to set up your key word alerts. I look forward to reading about your successes.
Investor · louisville, KY · Member since 2015 · 26 posts · 9 votes
10y
@Anthony CertonioThank you for the advice. I look forward using the search feature and learning. This site is loaded with a TON of great information. Other than opportunities for local meet-ups, I might not have a reason to post for a while. Unless someone starts a thread about college basketball.... Go Cards:)
Critical Care Registered Nurse · Senoia, GA · Member since 2015 · 53 posts · 8 votes
10y
@Michael O'Connell I cant help you out with the B-Ball but I do suggest listening to the podcasts. They are great. I listen to at least 2 a day. I just started a few weeks ago and its one of my favorite times of day. Best of luck.
Investor · Louisville, KY · Member since 2011 · 1k+ posts · 1k+ votes
10y
@Michael O'Connell - welcome to BP! In what area(s) of town are you looking to buy rental property? And similarly, in what areas of town do you operate your lawn care business?
Investor · louisville, KY · Member since 2015 · 26 posts · 9 votes
10y
Michael and Brett
I am looking for properties in the south end and as far east as possible in the 40-70k range. Hoping to have two under our control asap.
thanks for asking about my lawn care company. I own a Grounds Guys franchise. We are currently serving commercial accounts county wide. We also have clients in Shelbyville, Shepardsville, and Lagrange. Our clients include bix box retailers, banking centers, 6th class cities, apartment communities, etc...
We are looking to expand into residential services next year. Our marketing is going to be directed to the east end. However,if we can aquire a cluster of yards our trucks do run all over jefferson county.
Real Estate Agent · Bowling Green KY ~ Lexington, KY · Member since 2015 · 1k+ posts · 602 votes
10y
@Michael O'Connell welcome to the BP community! Getting two properties by the end of the year is lofty goal, but definitely achievable. However, you will need to take action immediately!
Always run your numbers! Much better to pass than to buy a bad property that doesn't make REI sense right off the bat.
Investor · louisville, KY · Member since 2015 · 26 posts · 9 votes
10y
It took a little longer than expected, but we close on our 3rd property next week!! Thanks for all the support from this community and the friends I have made locally. 3 months ago this was a dream and now....The real work begins.