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Louisville Mayor Announces Landbank to Host Open Houses in Late August

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Got plans between noon and 2 p.m. August 26, 27, and 28? If you're an investor looking for opportunities to rehab houses and help the community, Louisville Mayor Craig Greenburg invites you to check out a sampling of vacant houses on those days.

Here is the press release from August 22:

 

Mayor Greenberg announces Louisville Landbank Authority will host "Landbank-A-Rama" open house 

LOUISVILLE, Ky. (August 22, 2025) – Today Louisville Mayor Craig Greenberg announced the Louisville Landbank Authority will host Landbank-A-Rama, a three-day open house series taking place August 26 through August 28, 2025, designed to showcase a selection of vacant and abandoned residential properties available for purchase.

“This is an integral part of our comprehensive Safe Louisville Crime Plan where address vacant or abandoned properties that can become hosts for illegal activity,” said Mayor Greenberg.  “Every resident of every neighborhood deserves to be safe and feel safe.  This is a chance for us to revitalize neighborhoods and addre
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Q&A With Nan Upton: KREIA Past President shares her journey of investing since the '80s

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Nan UptonNan Upton started out as a teacher, and in her time on KREIA's board and as KREIA President (2005 - 2006), she was able to help others learn how to use real estate investments as a vehicle for reaching financial freedom.

We sat down to lunch with Nan one day in 2024 and plied her with many questions, which she graciously answered. Her journey as a single mother working hard to provide for her children — and navigating the '80s and '90s as a woman competing, and winning, in what many considered a man's game — is an inspirational one.

She has many tips and life lessons to share.

— Lauren Willoughby

 

    KREIA: When did real estate start pinging your radar?

    Nan: I was always semi-interested in real estate. My parents had what was then called a two-flat. They lived downstairs and upstairs there was a tenant. The tenants were sometimes my mother’s best friend. And it was rather nice if they had kids. We had playmates, my brother and I. So, it was always kind of a nice thing, unlike many of
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National REIA Now 1st Quarter Bulletin for 2025

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REIA Now 2025 q1National REIA's Legislative Update for the first quarter of 2025 takes a look at the Tax Cuts and Jobs Act, enacted in 2017. Some of its provisions are set to expire in 2025. NREIA discusses some key aspects regarding:

  • Individual tax cuts
  • State and local tax deduction caps
  • Alternative minimum tax
  • Tax reform proposals and more

It also talks about the Corporate Transparency Act and Beneficial Ownership Interests.

Click to download the update (PDF) or read it online.

In the Benefits Update portion of this bulletin, National REIA takes a look at DealMachine and MSI, industry partners.

DealMachine is National REIA's top recommended tool for finding off-market deals. Included is a web address for 7-day free trials with included skip tracing and postcards.

MSI offers investors unique, intelligently designed insurance coverage. Follow the link inside to find insurance products especially designed for real estate investors.

 


We are sad to announce that Noble Roberts, KREIA co-founder and first President, has died

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Noble RobertsKREIA was founded in 1978 by three men — Noble Roberts, Gene Dyson, and Rue McFarland. Noble was named our first president. From KREIA's beginning, with about 12 members, we have grown strong to over 800 members, and more join every day.

We would like to thank Noble Roberts for leading us, inspiring us, and for helping so many men and women learn how to invest in real estate. Following his example, many of us have reached financial freedom, allowing us to secure our families' futures. And we'd like to thank him for showing us how to provide safe housing for so many other families.

Noble lived 99 abundant years of service to his country and his community. He was a soldier in WWII, a professor of biology, and a leader in his church.

Noble Lafayette Roberts, of Shelbyville, Kentucky, died on Sunday, January 19, 2025, at the age of 99, just a few months shy of reaching 100 years old.  Noble was born June 10, 1925, in Arkadelphia, Arkansas.

Please see his full obituary here.


John Mays' November 2024 President's Message

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 KREIA President John Mays previews our Holiday Party, which happens Saturday, Dec. 7, at Woodhaven Country Club. It's going to be a blast!

John describes everything we can expect — music, great food, open bar (wine and beer on tape for 2-1/2 hours!), prizes, raffles, presentations, and our annual donation to the Home of the Innocents.

What's on raffle? A huge TV, a vacation stay in a riverside cabin, and much more!

It's only $25 per person, KREIA members and non-members alike. Join us!


John Mays' October 2024 President's Message

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KREIA President John Mays previews our Oct. 24th main meeting, "Real Estate Law," which features attorneys Michelle Rawn and John Benz updating us on what landlords need to know, including info on Louisville's new Lead-Based Paint ordinance. REGISTER NOW if you haven't already!

John also shows us the gift card he received from Home Depot -- a benefit of KREIA that can more than pay for an annual KREIA membership! If you aren't already taking advantage of Home Depot's discounts, rebates and rewards, you're leaving a LOT of money on the table!


John Mays' September 2024 President's Message

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John Mays previews our Sept. 26th main meeting, "Overcoming FEAR & Analysis Paralysis," which will motivate you to take the leap, if you're new, or offer new perspectives, if you're already investing. John also reveals that two special guests will be speaking: Kentucky House representatives Ryan Dotson and Susan Witten, who are landlord-friendly. Bring your questions!


John Mays' August 2024 President's Message

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John Mays previews KREIA's Aug. 22 main meeting, featuring Frank & Tommi Miller. They're going to share their family's journey in real estate investing, and how it changed their lives. John also gives a heads-up on Frank & Tommi's Aug. 24 Workshop, where they'll introduce team members who made their success possible -- and show other investors how to build their own teams.

John also explains why we've had to raise the cost of KREIA's main meeting door fee by $5.



Q&A With Ed Gibson: Investor thanks his mentors and pays it forward

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Ed Gibson"KREIA is the only organization I know of – and I've been around the world eight times – and I have never, in my life, seen a group of people work so hard to try to make you a millionaire. I’m not kidding you."

Ed Gibson was speaking from experience here, and he believes in paying it forward!

Ed is a longtime KREIA member, a past board member, a past Lunch & Learn host, and a patent-holding engineer. He’s married and has four children and six grandchildren.

He is also one of KREIA's biggest cheerleaders, and he credits his investing success to our group. He’s not a typical real estate investor – he divides his energies between the stock market and real estate, and he makes a great case for why he doesn't like to put all his eggs in one basket.

His take on the synergy of two-prong investing is fascinating, and I sat down with him a couple of months ago to pick his brain – coming away with almost 6,000 words of pure gold.

There wasn't room to fit the full interview in print and, trust me, you’ll want to read the whole thing. In the full transcript Ed talks about how he rehabs houses, he shares his investing strategy, gives specific recommendations, gives shoutouts to his many mentors, and offers solid advice.

If you're a KREIA member currently logged into your account, you can read the full interview here.

-- Lauren Willoughby