All Forum Posts by: Jonathan Baird

To build in Norton’s Commons at this point, I would guess you’re looking at around 1.5 - 2 million. That wouldn’t be my suggestion for a new investor’s first project. 

If I was you I would contact Rob Bergeron here on BP and look for existing multi family units that are on the market. Gain some experience renovating an existing unit, develop some capital, increase your knowledge of the market in Louisville, and give yourself the time necessary to locate a good location to build. 

Quote from @Jonathan Baird:

6714 Rest Way, Prospect KY 40059

4 bedroom/2.5 bath

1st floor: living room, dining room, kitchen, den, 1/2 bath, garage

2nd floor: bed 1, bed 2, bed 3, hallway full bath, primary bed (4), primary suite bath

Basement: bar, mechanical room

Data:

      .5977 acres

• Property Tax: $3,067.50

• Total Sq. Footage: 3,699
• Finished Sq. Footage: 2,886 (2106 ft main floor + 780 ft basement)
• Unfinished Sq. Footage: 273 ft
• Garage: 540 ft

Features/Points of Interest:

• Huge corner lot
• Backs up to Hays-Kennedy Park walking track
• Potential to easily maximize sq footage by installing egress window in basement to add 5th bedroom
• All vinyl windows
• Hardwood floors on 2nd floor can be sanded and refinished
• Huge garage with lots of storage space
• Great comps

Photos:

https://photos.app.goo.gl/juywzpXPSH1ZPyv57

Video Walk Thru:

https://photos.app.goo.gl/jatvH4mddKRTJoqs6

Estimated Repairs: $115,000

• Roof
• Partial rewire/Breaker Panel/Service
• Water heater
• HVAC
• Paint
• Kitchen
• 2.5 bathrooms
• New flooring
• Drywall

Estimated ARV: $450,000 - $500,000

Asking Price:

$265,000 & Buyer pays all closing costs

Closing at Rounsavall Title Company

Close within 30 days

Being sold “As Is”.

Buyer should do all due diligence.

 If anyone out of state is interested I am happy to provide a video-call walk thru of the property. 

Also we are available for GC services if you need someone to renovate this house for a great flip!

 Deves,

My wife is a CPA and tax lawyer here in Louisville. She has clients all over the country. 

https://ceritypartners.com/team/laurie-beth-baird/

6714 Rest Way, Prospect KY 40059

4 bedroom/2.5 bath

1st floor: living room, dining room, kitchen, den, 1/2 bath, garage

2nd floor: bed 1, bed 2, bed 3, hallway full bath, primary bed (4), primary suite bath

Basement: bar, mechanical room

Data:

      .5977 acres

• Property Tax: $3,067.50

• Total Sq. Footage: 3,699
• Finished Sq. Footage: 2,886 (2106 ft main floor + 780 ft basement)
• Unfinished Sq. Footage: 273 ft
• Garage: 540 ft

Features/Points of Interest:

• Huge corner lot
• Backs up to Hays-Kennedy Park walking track
• Potential to easily maximize sq footage by installing egress window in basement to add 5th bedroom
• All vinyl windows
• Hardwood floors on 2nd floor can be sanded and refinished
• Huge garage with lots of storage space
• Great comps

Photos:

https://photos.app.goo.gl/juywzpXPSH1ZPyv57

Video Walk Thru:

https://photos.app.goo.gl/jatvH4mddKRTJoqs6

Estimated Repairs: $115,000

• Roof
• Partial rewire/Breaker Panel/Service
• Water heater
• HVAC
• Paint
• Kitchen
• 2.5 bathrooms
• New flooring
• Drywall

Estimated ARV: $450,000 - $500,000

Asking Price:

$265,000 & Buyer pays all closing costs

Closing at Rounsavall Title Company

Close within 30 days

Being sold “As Is”.

Buyer should do all due diligence.

 2507 Pirtle Street, Louisville KY 4021

It needs some touch up paint, some flooring repairs and I think ideally tear out the retaining wall and steps at front of property and build small parking pad

2/1 available under wholesale agreement.

House renovated in 2022. All new:

Paint, lights/outlets/switches, LVP flooring, shower surround/shower valve/trim kit, toilet, bath vanity, kitchen countertop/sink/faucet, windows, main water line (PEX), ductwork/HVAC (gas furnace/AC placed on roof), 3 dimensional shingle roof. 

House comes with gas stove, fridge, washer and dryer. 

Cute house in the Portland neighborhood in great shape. House has new (2023) roof, newer HVAC, newer water heater, new vinyl windows, new driveway, kitchen cabinets in great shape. House has a large upstairs bonus room which would be great for a kids room or playroom or home office.

House comes with appliances.

Large rear driveway (off-street parking) is fenced in (has an automatic/electric gate closer). Rear deck is made of TREX. Covered front porch. Yard is fenced in (chain link in front/6 ft privacy fence in back). House has rear detached garage and a separate storage shed. House has huge clean basement with rear walk out steps.

House is in excellent shape.  BP price:  $78,000.  This house will easily bring in $1000 a month.  See pix of house

Cute 3/1 available for investors. Perfect for rental. Needs minor work (clean out/floor repairs/transitions/paint/shingle replacements) to be rent ready. Has central heat. Has water heater. Off street parking. Newer kitchen cabinets. Newer windows.  Has disconnect box and power ran for a AC condensor unit (but the actual unit was stolen at some prior point)  $41,500 Bigger Pocket price.  Pictures of house

Hello everyone, I have a brick 2/1 with a large bonus room for sale, located at 415 N. 38th St.  I have owned the house for about 6 years.  Everything was updated in approximately 2018:  kitchen, bathroom, windows, furnace, water heater, etc.  Current tenant has lived there for almost 2 years, they are on a month to month lease paying $825.  House comes with appliances:  fridge, stove, microwave, stackable washer/dryer.  Has large covered front porch.  Pictures and info on house  My wife and I really dont want to sell the house but we are trying to raise capital to build a new home for our family.  Have it for sale at $72,000.  No wholesellers please.