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All Forum Posts by: Jay Leisten

Jay Leisten has started 8 posts and replied 341 times.

Post: Hello from Louisville!

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232
Welcome to the louisville vp community. Best of luck and if you want to bounce ideas I'm always around. I am wrapping up a partnership llc deal myself.

Post: New meme from Louisville, KY

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232
Welcome to The louisville boo community. Best of luck. If you have any questions or want to. Ounce ideas off someone I'm always available.

Post: Louisville KY Portfolio for sale (Jefferson County)

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232
I'm reading this from my phone. Private message me Steve Osowicz

Post: Do you have to register your properties with your city?

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232
Many who have registered in louisville have noted a sharp uptick in fines for dereliction of property over on the Facebook Page louisville landlords love section 8.

Post: My first deal - Multi-Family yes or no?

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232
Michael Boyer that may be the best racing inspired post ever!!!!

Post: My first deal - Multi-Family yes or no?

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232
Great response Jim Wilcox. I'm familiar with the area as I have a property just on the other side of the track from this one. It's a very visible property and has potential extra income due to the parking lot. The key is really making sure your rehab $ is solid and don't over build the tenants unless you are confident you can bring a higher rent.

Post: My first deal - Multi-Family yes or no?

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232
Pm me and I'll put you in contact with a good contractor to give you detailed rehab costs. Wet finger in the air based on photos and not knowing what hvac looks like 20-30k repairs and you'll probably lose tenants during the rehab so account for 50% vacancy year one.

Post: Investing in Louisville KY

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232
Tom Ott be careful mentioning vetting turn key providers as my previous reply about that was removed....

Post: Who is everyone using for Cash Out Refi for rental properties???

Jay LeistenPosted
  • Real Estate Broker
  • Louisville, KY
  • Posts 362
  • Votes 232
Tim Stolt no I haven't made any calls yet. The post was a preemptive strike so I had my list ready.

Post: New Investor in Louisville, Kentucky

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