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Updated about 6 years ago on . Most recent reply

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5
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Doug Johnson
  • Lexington, KY
4
Votes |
5
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New Member Introduction

Doug Johnson
  • Lexington, KY
Posted

Hello Biggerpocket Members,

My name is Doug Johnson and I just joined the community. I am new to investing in buy and hold properties for cash flow but I am excited to get into it and am absorbing information daily.  I am in Lexington KY which is somewhat landlocked because of the Horse farms that surround the city (no room for the city to easily spread). I believe this has somewhat elevated the property values within the city. But I was glad to hear that that does not matter because I can be a "Long Distance Real Estate Investor".

I am looking forward to meeting some of you (virtually) as I dive into the forums. 

Most Popular Reply

User Stats

277
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221
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Joseph Back
  • Rental Property Investor
  • Montgomery, AL
221
Votes |
277
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Joseph Back
  • Rental Property Investor
  • Montgomery, AL
Replied

@Doug Johnson Welcome. I am an investor and wholesaler right here in Lexington as well. Your point about the urban service boundary land locking and therefore creating a shortage of housing in Lexington is definitely true. However, I would say there still is a lot of opportunity here and would encourage you to join the Bluegrass Real Estate Investors Group FB group, local group of a bunch of investors who meetup and discuss all thing real estate investing once a month.

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