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Updated over 10 years ago on . Most recent reply

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6
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Matthew Malin
  • Investor
  • Louisville, KY
0
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6
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New Member in Louisville Ky

Matthew Malin
  • Investor
  • Louisville, KY
Posted

Hello Everyone!  I'm a new member from Louisville, with one current accidental rental on the books.  I've read some about rentals here as well as on a personal finance website(Mr Money Mustache).

When we moved into our new home we began renting out our previous home and have been doing that for almost a year now.  The bulk of my investments are in the stock market, but I want to diversify and like the idea of buying buy and hold rentals.  I have some experience doing repairs/upgrades in my personal home(electric, tile, kitchen gut and rehab) but with kids in the picture have less time for that.  

I'm hoping to find some deals over the next year and add 1-3 properties to my portfolio. I may sell the original rental for a better performing home while I still have the capital gains exemption. I'm interested in networking(need to drag myself to a REIA meeting), am reading beginners books on metrics and passively looking for deals.

I expect to focus on Single Family homes(experience with repair etc) and multi family units in areas I am familiar with.  I will be managing my own properties until it becomes to cumbersome.  I was born and raised in Louisville and know the area well.  Hope I covered all the high points for an introduction post. Thanks for having such a great community. 

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