Louisville KY market ?’s for OOS investor

[Daniel Whitmore]

Hi,

Looking for feedback from local Louisville investors.

I currently reside in CA but am interested in exploring the Louisville market as I have a sister there and a contractor I might be able to add to my team. Seeking a small multi family that will require low-moderate rehab and cash flow nicely.

After briefly researching online it appears to be a favorable market with 1.1% population growth and 7% average cap rate.

Questions I have are below:

- Top emerging neighborhoods around Louisville?

- Best cash flowing areas?

- Indicators of industry/job growth?

- For those with rental properties: are you increasing rents each year? If so, what %?

- Any areas to avoid? Anything to watch out for?

Thanks in advance!

[Rob Bergeron]

I like 40272, 40218, 40216, 40214, 40258, 40203, and 40204. I'm hosting our quatertely investor luncheon with Mike Butler (wrote Landlording on Autopilot, one of Brandon Turner's top 5 must read books for investors).