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All Forum Posts by: Jay Leisten

Jay Leisten has started 8 posts and replied 341 times.

Post: Relocating to Louisville

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232

any time. 

the best way to schedule a call is:

www.calendly.com/jayleisten

Post: Relocating to Louisville

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232

feel free to reach out. i’ve helped a few folks with apt hacks. smart idea. 

Post: Buying LLCs instead of buying Houses

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232
Quote from @Chris Seveney:

@Matt Sora

One thing to be aware of when buying a LLC is if there are any loans, judgments, debts etc you are taking responsibility and liability for all of those as well. Make sure you have an attorney write up an iron clad contract


 This strategy is discussed alot locally for taking over an Airbnb so that you dont have to restart the conditional use or the AirBnB listing. I dont know many actually employing it.

Post: After Two Years, It Finally Arrived! BRRRR

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232

love it! just in time for spring. 

Post: Is Louisville, KY a good area to invest in Multifamily?

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232

@Jordan Moorhead True there’s a very thin inventory on market and a ton of wholesalers off market which makes for a lot of competition. There is still room in the market for price growth but the per unit price on multifamily in particular seems to be drifting past 1% on market and offerings tend to be at .8% consistently from the larger commercial brokers. That doesn’t leave much room for forced appreciation.

Post: Real estate investing

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232

if you mean a whosalers discount rate yes somewhere around 70%. However about 70% of the wholesale deals we see in louisville are 90+% of MLS lately due to extreme out of town pressure.

Post: Real estate investing

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232

a discount for what exactly?

Post: Louisville Building permit requirements

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232

you should be good with a rough sketch, but you'll need a licensed electrician for the plug relocation.

Post: Estimating Utility Expenses for Short Term Rentals

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232

@Kelly Bankes and zoning would need to be OR-1 or 2, or a C- designation. Otherwise you need a conditional use permit that may be very difficult to acquire.

Post: Window Replacement - Louisville, KY

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232

@John Sherwood we use AE glass but as Rob said all window folks seem to be running 6-8 weeks out minimum. It’s the first thing you order and the last thing you end up installing lately.