All Forum Posts by: Account Closed

I know I'd love to meet any California investor who's actively looking at the Louisville market. It'd also be nice to meet you in person as we've only ever spoken over the phone.

Hello all,

I currently have a 4-plex in Newburg under contract. This will be my first multi-family buy in Louisville, so I'm still refining some of my cost estimates. Does anyone have an idea of what I might expect to pay each month for insurance costs? Also, does anyone have a insurance/broker referral they'd care to share? Finally, any advice on what I should include in the policy to make sure I'm fully covered in regards to manmade and natural disasters?

Thanks in advance your time and help!

Best,

Matt

Wow, that’s a great way to look at it, thanks for the insight Michael!

Really great advice, thank you both!

Hello Louisville BP Community,

I'm currently analyzing a six unit (all 1 bedrooms) multifamily property in the South End. According to Redfin, the owner pays water, trash, and sewer. The tenant pays gas and electric. As I'm not currently living in the City, and having never owned a multifamily property there, I'm at a loss as to how much I can expect to pay for utilities each month (can the util. companies provide this info). If anyone has a ballpark figure, or can point me in the direction of where I might ascertain this information, I'd be very appreciative. I know these figures can vary widely between properties, and from location to location within a city, but I just want to get a general idea.

Thank you!

Hi Nick, welcome!

I live in Lake Forest, and am also just getting started in RE investing. I'm also looking to for some local meetups, or thinking about starting my own with other local investors. Let me know if you'd be interested.

Hi Jerry, I'm also new to real estate investing, and also looking to purchase out of state. BTW way I live in Lake Forest. I've been analyzing a lot properties in my target city, 2-6 units, around the 300k range as well. Don't know if you'd be interested, but because I'm new to the real estate game, I thought it might be advantageous to start a local RE meetup group. We could probably find a few other BP members that live in our area to join up for regular meetings. Just to compare notes and knowledge. Let me know if you're interested. All the best!

Hi Shawn, I'm in the process of getting my pilot's license and have been flying out of John Wayne. Chances are we've talked at some point. Also, I'm originally from Louisville (now living in Lake Forest), and a newbie investor. As you mentioned, your dollar goes much further in Louisville than it does in California, and because of that very reason I've been searching the Louisville market for investment opportunities. Let's keep in touch, and best of luck!

Thanks for the info, Jordan!

Hi Melvin,

Thanks for your reply. If you could supply me with your wife's email address, I'd love to reach out. I'm a Louisville native, now living in California. So naturally, I have some questions regarding the Louisville market.