Who has interest in Kentucky?

[Celli Mowery]

As a BP binge listener, investor and agent, I'm curious why smaller areas of Kentucky are not receiving focus with their low land costs, & lower entry points? Ohio & Michigan were recently highlighted in the rust belt as good values that cash flow.  Kentucky should have been expanded into their calculations.  Too many people are sleeping on this.

Kentucky Economic Development has many site ready properties in smaller areas that are ripe for rentals.  Most notably, Mt Vernon, Berea, London & Corbin all along the I-75 corridor.  The Rockcastle Megasite is an example of a site ready property & is only 20 minutes north of London. https://dataispower.org/rockcastle-mega-site/.  The site is just south of Lexington, another market desperately in need of rentals but higher points of entry.

A rent heavy market, with a shortage, I am receiving regular requests for rentals in these markets.  

[James Wilcox]

Quote from @Celli Mowery:

As a BP binge listener, investor and agent, I'm curious why smaller areas of Kentucky are not receiving focus with their low land costs, & lower entry points? Ohio & Michigan were recently highlighted in the rust belt as good values that cash flow.  Kentucky should have been expanded into their calculations.  Too many people are sleeping on this.

Kentucky Economic Development has many site ready properties in smaller areas that are ripe for rentals.  Most notably, Mt Vernon, Berea, London & Corbin all along the I-75 corridor.  The Rockcastle Megasite is an example of a site ready property & is only 20 minutes north of London. https://dataispower.org/rockcastle-mega-site/.  The site is just south of Lexington, another market desperately in need of rentals but higher points of entry.

A rent heavy market, with a shortage, I am receiving regular requests for rentals in these markets.  

While smaller towns in Kentucky often have lower price points, which means less capital is required, there are limitations to the profitability of these markets. The price-to-rent ratios are generally unfavorable, and a shortage of skilled tradespeople and reliable property management can hinder the success of buy-and-hold rental investments. For instance, Berea is a charming college town, but the combination of local taxes and less favorable price-to-rent ratios makes it less appealing for investment compared to other areas in the state.