All Forum Posts by: Clay Smith

We do roofing, Windows and gutters. We do quality work and charge less than most. Free estimates! 502-807-2532 -Clay

https://www.investinlouisville.com/

Rental property is an investment. Why should you have to work any harder at investing in real estate than you do with stocks or bonds? Let us give you back your free time and manage the process for you. With systems, processes, and economies of scale we can do more with less costs than the individual owner. Let us reduce your risk, and stabilize your retirement plan.

Call us at 859-953-0277. Yes Property Management costs money, but often times we can increase your income or offset those costs. Let us tell you how!

Amazing Investment Opportunity. This 2708 sqft, two story brick home includes a walkout master bedroom balcony, huge 2 car garage, hardwood floors, fenced in backyard, 2 wood burning fireplaces, a spacious entertainment room addition and hardwood floors throughout most of the house.  It sits on a large lot with a wrap around driveway and is perfect for entertainment or family living.

This hidden gem won't last long.

-Conveniently Located in Louisville's East End
-3 Spacious Bedrooms
-2 Full Bathrooms
-2708 Sqft
-0.71 Acre Lot
-2 Car Garage and Carport
-Partial unfinished basement

We will install new roof for and additional $5900
We will install all new windows for an additional $5900

Contact Jeff at 502-409-2628 via phone, email or text for instructions on viewing the property.

WE CAN WORK WITH CONVENTIONAL FINANCING. If repairs are needed for your lender, we can agree to the repairs at cost. Hard Money and Private Money offers welcome.
Must close before end of month
$5k Non-refundable Earnest Money Deposit Required at your closing attorney's office.

See more pictures, here on our CL add.

I saw him at the Mr Landlord convention. He seemed to have a lot of good insights. His lease is worth it. I know it will make/save me plenty of money (if applied). Well worth the expense.

This home must be purchased all cash or with an investor loan (River City, etc). 

This home has a pool but it is not worth fixing. We will fill it in for 2k more. House is in need of rehab. The ARV on this is near 100,000. Call for access 502-807-2532.

We will give deep discounts on our contractor pricing if you use our contracting company for roof, window, or gutter work.

It is not. I do have 4 others at the moment.

I know some good roofers, window, doors, drywall guys. LREI CONTRACTING LLC

Sale Price: 105k Rent: 1150 = 10.95% CAP rate! Ranch style 1,122 sqft 3 Bedroom, 1 Bathroom brick single family home on a slab foundation built in 1953; which is normal age for Louisville market. New vinyl double hung Low-E and Argon with 10yr warranty windows. Furnace and AC replaced in 2015. Brick houses last longer than wood and no need to worry about termites. Also, slab foundations are solid and no need worry about moisture in crawl spaces. NOT in a floodplain either. New gas lines installed by licensed plumber. New interior and exterior paint; including back deck. Nice fenced in back yard to accommodate pets (for extra rent). Carpet is 3 years old. Parquet hardwood flooring underneath can be refinished later. Storage shed right outside the back door and a covered carport. Washer and dryer hookups. Kitchen appliances furnished (owned by owner), including dishwasher. Spacious family room/dining room area. Bathroom is dated, but all tile and working properly. Kitchen cabinets are older but unique and sturdy with cool sliding glass doors. We replaced hardware, countertops, sink, faucet and appliances. We tiles kitchen floor in 2014. We will continue to professionally manage for 7% fee and ½ of any fill, licensed and insured. Tenants is on a new 2 year lease expires in 35 months. We will add a roof at cost (done by our licensed contracting company) if you include cost in purchase price; estimate 2.5k. Roof is NOT failing and is near half life, it predates our date of purchase in 2014. it makes no since for us to replace, but if you wish to finance the costs it may make since to you.

• Annual Taxes Paid in November (2% discount) = $122.78
• Utilities $0, tenant pays all as usual and custom in Louisville, KY
• Insurance $68 using NREI Group, we can furnish proof on demand.
• Maintenance (10%) $105, although not sure what would be needed with so many updates
• Property Management (7%) is $81
• Monthly Cashflow $774 you can use to pay debt service after everything and including our management fee.

Zillow Page (click here)

WHY ARE WE SELLING? It is our business model to produce turn key rentals. While our property management is optional, we hope you will consider us.

call me and I will consult for no cost. I can help give you some answers. @Martel Douglass

Time of Event: 01/25/2017 at 06:00PM
Location: 101 Bullitt Ln., Suite 110, Louisville, KY

Fee to Attend: Free