All Forum Posts by: Joseph Back

@Christy Osterkamp I don't know of any turn-key providers in Northern KY but could connect you with a great wholesale in that market. Also if you would consider investing about an hour south in Kentucky's second largest city, Lexington, I would love to send some deals your way. PM me for that Northern KY contact.

@Corey Griffo That is amazing man! Congrats! Where is this one located?

@Omar Alam Wouldn't mind at all, would love to chat anytime. Good luck with the move!

I agree completely with @James Wilcox. Starter homes in the $120k-$200k price point are in very high demand in Lexington. Homes in that price range that get listed are usually pending in less than 7 days. I will say there is a lot of competition in the investor space here but still plenty of deals to be had if you know where to look. PM me for more details.

@David Iniguez I am an investor down here in Montgomery, AL and would love to chat with you about the market. PM me and I can share some more info about the city and what kind of price points/returns to expect.

@Justin Rivers Welcome, great to virtually meet you. I am an agent and investor as well. I live in Auburn but work and invest in Montgomery. Would love to connect, pm me.

@Steven Tomes What part of Kentucky? I work with some great local banks in Lexington. DM me and I can share contacts with you.

@Emily Beatty After experience investing in both, I personally prefer Lexington primarily due to my thoughts that it has a better future than Louisville but both markets have great investments out there. One thing I will say I have found very different about the Louisville market is that you have to be much more cognizant of which neighborhoods you are investing in, i.e. much higher crime.

@Rudy Manna I started my investing career in the Lexington, KY and have recently moved to the Montgomery market. I will say Montgomery is a place for high cash flow no-appreciation investments. Across the state of Alabama, with the exception of Huntsville, population and jobs are stagnant or slightly on the decline. Despite this, there are still a treasure trove of great investments across both the Montgomery and Birmingham markets. I don't know as much about Birmingham but can say from my experience here in Montgomery that you are going to find very attractive price to rent ratios but you need to be very cognizant of what neighborhoods you are investing in as there are pockets of high crime throughout the city. Regarding ability to weather recessions, what I like seeing in Montgomery is the two largest employment industries are the government and healthcare, both of which are steady no matter the economic environment.

@Harry Standafer Excited to meet another young real estate investor in Lexington. One thing you should do right away is to join the Bluegrass Real Estate Investors Group on Facebook and start attending the monthly meetings. You will learn a ton and meet a bunch of local investors and professionals to network with. Please PM me and I can introduce you to some great professionals I have worked with on my recent deals.