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Updated about 4 years ago on . Most recent reply

User Stats

44
Posts
17
Votes
Ryan Gettelfinger
  • Flipper/Rehabber
  • Jeffersonville, IN
17
Votes |
44
Posts

Jeffersonville IN

Ryan Gettelfinger
  • Flipper/Rehabber
  • Jeffersonville, IN
Posted

Bought my first purchase in the Downtown Jeffersonville Area and I'm looking to network with other investors, contractors, etc. If you are near give me a shout. :) 

Most Popular Reply

User Stats

144
Posts
59
Votes
David Heath
  • Investor
  • Floyds Knobs, IN
59
Votes |
144
Posts
David Heath
  • Investor
  • Floyds Knobs, IN
Replied

Hi Ryan. So far in my REI journey I have purchased 2 rentals in Shively which are cash flowing well. I am currently looking at a house in Jeffersonville as a potential rental.

I also purchased a house in Georgetown at the Floyd county sheriff's sale in June. That one I rehabbed and sold. My biggest problem was trying to find contractors at a reasonable price. I wound up doing most of the work myself which is a bad way to be an investor. The rehab took longer than it should have. 

I look for my properties on both sides of the river but I am particular which areas I look at. I am very familiar with Floyd county and have been learning about the areas in Clark county and Louisville that are better for rentals or resales. 

I am a member of KREIA (Kentuckiana Real Estate Investor Association). I attend the southern Indiana investor group meetings that are held at Tuckers Restaurant on State Street in New Albany. Those are at 11:30 on the first Wednesday of the month and are free to attend.  There is also an investors meeting sponsored by Freedom Properties the second Thursday of the month. Each attendee pays $10 to defray the cost of the room and the snacks that are provided. All of these meetings will have an educational topic that is covered as well as meeting and gaining knowledge from other area investors.

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