How did he find the deal? How much did he pay to acquire it? How much did he spend on the rehab? How does he expect to profit? Find out all this and more at KREIA's next L.O.T.S. event!
Joe Worth is hosting in his Phoenix Hill property, which he is rehabbing into a short-term rental. He says the theme is "bourbon speakeasy."
"It was a massive project. We gutted it down to the interior brick walls and rebuilt it all. And we added a 2nd story addition to it."
He added that he knows a couple of KREIA members who also have Airbnbs on the same street.
This event is for active KREIA members only. We're not posting attendance limits on this live event, but we are bringing only 60 box lunches, which will be provided by KREIA Platinum Sponsor Believe Investment Group. So, if you want to lock in your free lunch, please register now and arrive by noon.
What's the address? If you're an active KREIA member planning to attend, make sure you're logged in at your account at KREIA.com, then activate that registration button for this L.O.T.S. event. You'll then see the address of the property, plus a map link. After you're registered for L.O.T.S., you can revisit the page at any time, up to the date of the event, and see the address and map link (you'll need to be logged in).
What is L.O.T.S.? It's where we Learn On The Site. Once a month, from January to October, on the Tuesday following our main meeting, one of our active rehabbers in KREIA hosts an open house on his or her current project for other members to walk through and inspect. The house could be one that's just received its final polish or one that is still undergoing repairs.
Attending L.O.T.S. is like going behind the scenes of your favorite house-flipping TV show, except that the rehab numbers are real, the rehabber is probably someone you know, and the house is one that's in your own backyard here in Louisville — not somewhere in California or the East Coast. With L.O.T.S. you're getting a firsthand look at what's working for other rehabbers in your very own market!
See you on the site — if you're a member. And if you're not a member, join now! L.O.T.S. events alone are worth KREIA's membership fee. Wouldn't you pay $125 to get access to 10 live house-rehabbing workshops, lunch included, where you get to examine everything about the house and quiz the rehabbers on their design choices? It'd be a steal, and L.O.T.S. is just one of the benefits of joining KREIA!
Learn more info about L.O.T.S. here, including how to volunteer your rehab house for an upcoming L.O.T.S. event.
KREIA's L.O.T.S. program is sponsored by Believe Investment Group. Do you want to learn how to flip a house, rehab a house into a rental, wholesale a property, or turn a house into an Airbnb short-term rental? While you can learn all that at KREIA, Believe Investment Group puts you in the fast lane. KREIA Past President Frank Miller and his wife, Tommi, mentor new investors, hold classes, and lead intensive tours of Kentuckiana properties, teaching their students how to succeed in real estate investing.
Get more info here.
