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Updated about 5 years ago,
Lexington Ky Downtown Condo (New) or established home
Hello, my name is Patty Osborne. I worked with my realtors license a little from 1986-1994 then became a speech pathologist and now semi-retired at 53. I live in Ashland and want to invest in a rental in Lex downtown, Kenwick or near campus in 250-350K range. Advice for best outcomes? I notice that Maryland Avenue newer Condos rent at 2,700 and current HOA is manageable but I am also interested in areas such as Kenwick and 40503 near campus (Wabash, Penmoken etc). I would also consider a duplex if it is decent. I need something in good enough shape to rent within a month or two. I have had one rental in my town and have flipped 3 houses but I don't have a lot of current market experience. I mainly want an easy good cash flow. Any advice?