Hello, BP! I've lurked for a short while but thought it was time to formally put the introduction out. I'm Kyle and I'm currently living in a suburb of Columbus, OH. It looks like I'll be moving to Louisville, KY (I had previously lived there for about 7 years). As a result, the Columbus, OH, Cincinnati, OH, Louisville, KY and Lexington, KY markets are where I'm looking to research and get my start into the world of real estate investing. Currently of most interest to me are the Buy & Hold and BRRRR strategies, more likely than not in multi-family, but I try to keep an open mind as well. While I have no formal mentor, I was privileged to have some very eye-opening and paradigm shifting conversations as of late. I'm exited to continue my learning here on BP as well as begin my real estate investing journey, too. I hope I can someday be of as much value to others as this site as been to me already.
Hey @Kyle Schlosser ,
I think Louisville is a great market and recently bought a small apartment building there myself. I would recommend staying in the market you live in at least until you are comfortable with investing. The only reason I felt comfortable buying remotely in Louisville is because I grew up there and have a father there that is a realtor who can help me with anything real estate related that I need.
Let me know if you want me to connect you with him. He knows the market like the back of his hand and has lived in Louisville for over 40 years. He also understands investing.
@Jordan Moorhead Excellent. Thank you. As things progress along with my move, I will certainly reach out to you. We are a week and a half away from our personal home hitting the market in Columbus...
Welcome back to louisville. Hope to see you around kreia or another investor event. If you need anything feel free to reach out.
@Jay Leisten I sure will. Thank you!
@Kyle Schlosser welcome to BP and the REI community. Make sure to attend your local REIA group and remember to take some action when you are ready. Good luck in all your future REI ventures!
Jim Wilcox Thank you. I absolutely will. I hear that Lexington is a good market for Buy & Hold Multifamily as well.
@Kyle Schlosser Your welcome. Lexington is alright. Lexington has always been a tried and true real estate investment city. The city has seen consistent growth and pulls a lot of people for employment. However, with the urban service boundary, it does put land at a premium and you pay more per sq/ft than surrounding areas. A disclosure is that I do live in Lexington but do not own property here except for my own personal residence. I do love living here though as do many others. I think too that buy and hold multi-families can be a great way to build long-term wealth, but I am biasis since that is strictly all we do.
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