New investor in Evansville/Owensboro area

Rental Property Investor · Evansville, IN · Member since 2016 · 13 posts · 7 votes

Hello everyone,

My name is Lance Woolverton and I am a real estate investor living in Owensboro and working in Evansville. I currently am focused on buy and hold investing and flipping for additional capital.

I am a blue collar worker looking to make a better future for my family through investing. I have been researching on bigger pockets and the podcast without posting much. Today I am confident in my education and ready to make the leap into real estate investing. I am very motivated and I am a grinder. I would love to find local people to connect and possibly partner with.

Just wanting to introduce myself and encourage anyone in the area to reach out if I can be of any assistance to their investment goals.

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Andrew Bowlds

Real Estate Broker · Evansville, IN · Member since 2017 · 54 posts · 20 votes

@Lance W. Welcome! I'm an investor and private/hard money lending consultant in the Evansville area. If you ever need anything or just want to network, feel free to reach out!

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Kerry Noble JrPro Member
Investor · Indianapolis, IN · Member since 2018 · 2k+ posts · 1k+ votes
8y
Welcome!! I'm a wholesaler in the Indy market with my eye on the Evansville Market soon.....
2 Reply
George Blower
Retirement Accounts Attorney · Southfield, MI · Member since 2017 · 3k+ posts · 1k+ votes
8y
@Lance W.
Welcome to BP.
1 Reply
Lance W.
OP
Rental Property Investor · Evansville, IN · Member since 2016 · 13 posts · 7 votes
7y
Originally posted by @Kerry Noble Jr:

Welcome!! I'm a wholesaler in the Indy market with my eye on the Evansville Market soon.....
I would love to connect when you make your move
1 Reply
Andrew Bowlds
Real Estate Broker · Evansville, IN · Member since 2017 · 54 posts · 20 votes
7y
@Lance W. Welcome! I'm an investor and private/hard money lending consultant in the Evansville area. If you ever need anything or just want to network, feel free to reach out!
3 Reply
Rob Bergeron
Real Estate Agent · Louisville, KY · Member since 2017 · 1k+ posts · 1k+ votes
7y
We absolutely love Evansville, Indiana for buy and holds. The entry cost is very low. We have an investor that does his commercial and flips in Louisville, buy and holds in Evansville. Best of luck!
1 Reply
Rich HaddawayPro Member
Rental Property Investor · Louisville, KY · Member since 2018 · 10 posts · 3 votes
7y
Rob, why Evansville, IN and not Owensboro, KY? Just curious. Is the crime or areas lower grade in KY just across the river?
0 Reply
Tina Opel
Investor · Evansville, IN · Member since 2016 · 22 posts · 5 votes
7y
Welcome Lance! I'm a buy and hold investor and realtor in Evansville so if you ever have any questions or need anything please don't hesitate to get in touch.
0 Reply
David Heath
Investor · Floyds Knobs, IN · Member since 2015 · 144 posts · 59 votes
7y
I am not sure about Evansville but I know that between Clark/Floyd counties Indiana and Louisville the taxes for investors are better south of the Ohio river.
0 Reply
Brandon SturgillBusiness Member
Real Estate Broker · Columbus, OH · Member since 2013 · 3k+ posts · 1k+ votes
7y
Hey @Lance W. Welcome.
937-979-7000
Realize Multifamily Group11 Review
View Page
0 Reply
Tyler Bodi
Rental Property Investor · Louisville, KY · Member since 2018 · 66 posts · 39 votes
7y
Welcome @Lance W.! I am growing my business buying SFR for buy and hold in Louisville. Let me know if I can be of any help and make sure you set up your keyword alerts so you know what happening in your area.
0 Reply
Georgui Kasaev
Realtor · Athens, GA · Member since 2017 · 336 posts · 123 votes
7y
@Lance W. Hello and welcome, happy to see you start your journey! I am local to Athens Ga. I am an investor and a real estate agent. Please let me know how I can help!
0 Reply
Lance W.
OP
Rental Property Investor · Evansville, IN · Member since 2016 · 13 posts · 7 votes
7y
Thanks to everyone for reaching out. I'm excited to get started and to get my hands dirty. Would you care to give any advice on investing in the area (strategy, locating deals, financing, areas to avoid)
0 Reply
Julia Fair
Atlanta, GA · Member since 2018 · 66 posts · 32 votes
7y
Hi Lance! Just wanted to say hello! I'm from Owensboro! Not often you see if mentioned online.
0 Reply
Glen Robinson
Owensboro, KY · Member since 2017 · 8 posts · 6 votes
7y
Welcome Lance I live in Owensboro just getting started aswell! Started listening to BP last year and did my 1st and last flip this year. I learned so much I am closing Tuesday on my 2nd investment property which I BRRRing. If you want to check it out sometime let me know.
1 Reply
Bryan DruryPro Member
Investor · Owensboro, KY · Member since 2008 · 131 posts · 65 votes
7y
@LanceW,
Welcome to BP, Lance.Take advantage of the wealth of information on the site, plus networking opportunities
0 Reply
Ryan Hancock
Henderson, KY · Member since 2017 · 1 post · 0 votes
7y
Hey! Shout out to you from Henderson, KY. I'm just getting stared after moving back to my hometown. Glad to see you are in the network.
0 Reply
Matthew Green
Rental Property Investor · Benton, KY · Member since 2018 · 5 posts · 2 votes
7y
Welcome! I am a noob myself in Western Ky. Good luck getting started! I've always felt like Evansville would be a good market.
0 Reply
Tinley Jones
Rental Property Investor · San Diego, CA · Member since 2018 · 35 posts · 39 votes
7y
Hi @Lance W. , what are your goals? Have you thought about your first strategy? i.e. BRRRR or maybe house-hacking?
0 Reply
Jordan Hiatt
Member since 2019 · 2 posts · 1 vote
7y
Hey, I know this thread is several months old but I just wanted to see how your experience has been so far? This area has caught my attention and wanted some insight from people who already invest/live there.
0 Reply
Garrett T Colburn
Rental Property Investor · Owensboro, KY · Member since 2019 · 21 posts · 7 votes
6y
@Lance W. Hey I’m in Owensboro also
0 Reply
Jason Dicken
Specialist · IN · Member since 2019 · 49 posts · 18 votes
6y
I have several investment properties in the Evansville area if you are ever interested in seeing or discussing them let me know.
1 Reply
Ronald W.
Investor · Member since 2020 · 7 posts · 4 votes
5y
Great to meet you Lance. I'm in Evansville
0 Reply
Walter PurdyPro Member
Real Estate Consultant · Las Vegas, NV · Member since 2016 · 51 posts · 19 votes
1y
@Lance W. I have a wholesale deal available at about 50% of ARV if you are still buying there.
0 Reply
Ray Van
Investor · IN/KY · Member since 2025 · 10 posts · 0 votes
1y
Hey @Lance W. - I'm a player in both of those markets. Feel free to reachout I'm always connecting it new investors in my area.
0 Reply
Patrick Lismon
Investor · Bowling Green, KY · Member since 2023 · 73 posts · 22 votes
9mo
Quote from @Lance W.:

Hello everyone,
My name is Lance Woolverton and I am a real estate investor living in Owensboro and working in Evansville. I currently am focused on buy and hold investing and flipping for additional capital.

I am a blue collar worker looking to make a better future for my family through investing. I have been researching on bigger pockets and the podcast without posting much. Today I am confident in my education and ready to make the leap into real estate investing. I am very motivated and I am a grinder. I would love to find local people to connect and possibly partner with.
Just wanting to introduce myself and encourage anyone in the area to reach out if I can be of any assistance to their investment goals.

Lance, I saw your post about being an investor living in Owensboro. I have a 40-unit property there under a signed LOI with a 10.3% Cap. Since you're local, you'll appreciate that the 2025 roofs and gutters are new and the utility overhead is incredibly lean.

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