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Updated about 10 years ago on . Most recent reply
Do you invest in the West End?
Fellows in Louisville, KY. Do you invest in the West End?
Yes?
No?
Why?
Any advice?
We are about to close on our first SFH, located on Hale Avenue, and I would like to get a sense about the general thinking regarding that area of the city.
Most Popular Reply
Do you invest in the West End?
NO!
Why?
Because in this city there are much much better places to invest. The west end has little to no room for appreciation, rent increases or exit strategy. Just a bad area. You have to buy CHEAP CHEAP to make it worth your time. You can make money in the west end but I would rather make money in areas with fewer headaches. Just me...
Any advice?
Stay away from the west end and buy in other areas. If you want lower price homes I would look in the 40214 area. Good prices, nice pockets of good areas and less headache. I am buying in this area now. I am finding deals like 2-3 bedroom 1 bath homes for $15k - $20k and renting them for $700 - $750.