For years you've been hearing about Airbnb and the Short Term Rental (STR) market. Maybe you've stayed in an Airbnb house near the beach.
And you've probably heard about crazy cash-flow possibilities in STR. Have you ever thought about investing in your own Airbnb beach house? Or Airbnb mountain cabin? A self-supporting property that you can rent out to other folks — but also use yourself when you can take time off? It's an alluring idea.
But how about launching an Airbnb house right here in Louisville? Hey, we're a destination spot too! We've got Churchill Downs, colleges, big college sports, conventions, festivals, bourbon, dining hot spots ... and medical centers.
KREIA has many investors who've already dipped a toe into Airbnb and VRBO, both locally and afar. More are testing the waters every day to see what kind of cash flow they can pull from some of their vacant rentals.
If you're thinking of trying Airbnb, our June 23rd meeting is a must-attend event for you. We've invited two longtime local short-term rental managers, Jonathan Klunk and Justin Reid of Key Source Properties, to talk Airbnb and answer your questions.
And if you're already an Airbnb host, we bet you'll leave this meeting with new tips and ideas on how to amp up your short-term rentals.
Jonathan said he plans to address these points and more:
- Are STRs REALLY better than LTRs?
- Louisville STR laws and regulations
- How to find an STR property
- Self-management vs. professional management: Which is better?
- What guests expect from hosts
Jonathan Klunk Justin Reid
Meet Jonathan Klunk
As a partner and founding member of Six Degrees Real Estate brokerage and CEO of Key Source Properties, Jonathan is a recognized force in the Louisville market. His creativity, entrepreneurial spirit, knowledge of the real estate industry and background in technology are bringing him recognition.
Meet Justin Reid
Justin, the owner and operator of Key Source Properties, is responsible for overseeing and facilitating day-to-day workflow and administrative functions as well as ensuring that all internal and external operations work in harmony to achieve goals.
5:30 p.m. Early Meeting
Interior designer Shannan Reinhardt, of Staged for Success by Shannan, will be our early speaker. Want to learn about staging your flips and your Airbnb properties? Show up early for Shannan! And if you visited the recent L.O.T.S. house in Prospect, rehabbed by Frank Miller and Todd Jones, you've seen some of her work.
Note: This is the registration page for the live, in-person version of KREIA's June 23rd main meeting at Woodhaven Country Club, which costs $20 for regular KREIA members and $30 for non-members. If you'd rather attend the event virtually, online over Zoom from home, then sign up from the "virtual registration" page.
Meeting Agenda
5 p.m. – Doors open at Woodhaven
5:30 p.m. – Early Meeting with Shannan Reinhardt begins in the conference room
6 p.m. – Member Orientation with Jordan Pohn begins in the conference room
6:15 p.m. – The buffet line opens! Also, at the microphone, there will be announcements, property pitches and sponsor pitches
7 p.m. – Our two Short Term Rentals experts, Jonathan Klunk and Justin Reid, take the floor for our feature presentation
Remember Your Lanyard!
If you've been to an "in-person" KREIA main meeting lately, you've probably picked up one or more color-coded lanyards that identify what kind of investor you are. Please remember to bring your lanyards with you to our main meetings!
Color Key Reminder: Blue = Buy-and-Hold Investor; Orange = Flipper; Yellow = Real Estate Agent; Red = Wholesaler; Green = New Member; Purple = KREIA Sponsor; Black = Board Member