Let's Talk Kentucky Real Estate Investors Association (KREIA)

7 Replies | Louisville, Kentucky

Here in Louisville we have a pretty unique situation. Our KREIA is one of only six REIAs in the country that is still a nonprofit and one of the largest groups in the country. They currently have a large event the third Thursday of the month, LOTS (Learn on The Site, flips) the first Tuesday after the meeting, weekly Wednesday Luncheons at Wildwood Country Club (12-2), Ed Gibson brings in speakers for a monthly KREIA luncheon at Napa Valley, they have Robert Kiyosaki game night (Writer of Rich Dad, Poor Dad), and a monthly Happy Hour. These events are a wealth of information. I've learned a considerable amount about lease options (upcoming Wednesday luncheon topic), wholesaling, subject to deals, flipping, notes, and best practices for everything. You can always find someone that has had your exact problem and get advice from them. 

If you're interested in creative financing and how to keep your money in your pocket, I suggest you introduce yourself to Dennis Erhard. Dennis joined KREIA and it changed his life. Hampton Scurlock is kind of amazing at everything, he comes from a finance background. He can tell you about maximizing your self directed IRA, HSA, and keep you out of trouble. Joe Burnett and Ed Gibson would be great to talk to about building your rental portfolios, they made a killing on it. Frank Miller is the man when it comes to flipping, his margins are insane. Mike Butler literally wrote a best seller about Landlording and you can talk to him about best practices. Harry Borders basically equips all the wholesalers with contracts and best practices for protecting yourself as a wholesaler. There are plenty more amazing people and they are all eager to help you build your business and help you get financial freedom. Many people helped them coming up and they recognize this and are eager to help. I'm basically at every event if you are nervous about coming, I'd be happy to sit with you and introduce you to everyone.

Agreed, the amount of knowledge and experience is amazing.  I have learned a tremendous amount by attending events when I can, learning and gaining confidence from people that are playing the game at a level I can aspire to.

Hello Sara! The main meeting is on the fourth Thursday of the month at Woodhaven Country Club. They have a small class at 5:30 and then the main event at 7:00. The happy hour and game night are the first and third Thursday of the month at Boombozz off of Hurstbourne. 

Here is a link to the calendar:

https://www.kreia.com/Calendar.aspx

The Wednesday lunches are slowly transitioning to KREIA, it used to be a small group of members meeting at an Arby's, but it has grown quite a bit. Now, it meets every Wednesday at Wildwood Country Club from 12-2. 

Originally posted by @Rob Bergeron :

Here in Louisville we have a pretty unique situation. Our KREIA is one of only six REIAs in the country that is still a nonprofit

The KREIA does an excellent job and I do hope this organization continues to grow. You all have a great group up there! However, I feel very confident this statement is not true since I can think of several REIAs that are nonprofit in the state of KY alone beside the KREIA. 

Just wanted to throw in my endorsement as well for KREIA. For a mid-size market like Louisville, the amount of experienced, knowledgeable, and openly HELPFUL investors within this organization is astounding. KREIA (and BP, of course) has been enormously beneficial to me and my real estate business and I would encourage anyone in our market to join this organization and get involved ASAP. 

Im a regular attendee of the main KREIA meeting and some of the sattelite meetings. its invaluable info, and very large. Im happy that the breakout meetings are happening so there is a bit more one on one interaction. biggest tip I can give is look for those permanent name tag board members, ask them what they do and ask for an intro to someone who is doing what you want to do.

Originally posted by @Jim Wilcox:
Originally posted by @Rob Bergeron:

Here in Louisville we have a pretty unique situation. Our KREIA is one of only six REIAs in the country that is still a nonprofit

The KREIA does an excellent job and I do hope this organization continues to grow. You all have a great group up there! However, I feel very confident this statement is not true since I can think of several REIAs that are nonprofit in the state of KY alone beside the KREIA. 

This statement may be REIAs that are also members of the NREIA? I don’t know.

Regardless, I think the KREIA is pretty awesome. I know my understanding of investing has been greatly expanded through getting to know the individuals mentioned above. Also, we have Sharon Vornholt who is nationally known for all things marketing and probate.