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Updated almost 7 years ago,

User Stats

4
Posts
2
Votes
Katie Peters
  • Lexington, KY
2
Votes |
4
Posts

Lexington, KY first investment. Need opinion on neighborhood.

Katie Peters
  • Lexington, KY
Posted
Hello all, I’m considering a deal in Lexington, KY, but I want opinions on the neighborhood. The house is off North Limestone and close to New Circle. It is approximately 0.8 of a mile from some of the trendier existing businesses. It’s my impression that the area is growing, and I see houses here and there that are being flipped. If the numbers are as indicated, it would cash flow, but does anyone know if this area is worth buying in? I don’t feel it’s growing as fast as other parts of Lexington, so it feels more like a gamble. Also, I’ve heard being a land lord in Lexington is more challenging than other cities, such as Indy or Kansas City, MO. This will be my first investment property, so I want to be especially careful. I’ll appreciate your input. Thank you! Katie

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