Code Enforcement Lien Waivers? Louisville Is Doing It!

Investors, have you been frustrated in your attempts to purchase and renovate vacant and abandoned properties? By code enforcement liens that can run into the tens of thousands of dollars?

Start your engines, because Louisville Mayor Craig Greenberg has launched a code enforcement lien waiver pilot program for investors who rehab vacant houses for resale or for rent. Are there rules? Yes, a few.

Watch this video interview with the Mayor and KREIA President John Mays to find out more about the program, how to put in an application, and get ready to help the Mayor reach his objective of rehabilitating "hundreds and hundreds and hundreds" of houses!

SFR or Multifamily? 4 Investors Square Off

What kinds of investments do you prefer: single-family houses or apartments? We've invited four investors to compare, contrast, and champion these investment types. Join us and hear from Mark Lechner, Karen McKnight, Joe Hampton, and Donnie Adkins. Register now!

If you're a new investor, you'll get insight on how to jump into investing. If you're already investing in single-family homes, you'll find reasons why you should (or shouldn't) take the leap into multifamily.

And you'll have the opportunity to ask questions of four successful Kentuckiana investors whose experience in all manner of investment types ranges from a few years to a few decades!

How do you run the numbers? How is management different? What do these investors know that you don't? Join us and find out!

John Mays Previews April 24th Main Meeting

The April main meeting is a must-attend event for investors who want to know the similarities and differences in investing in single-family vs. multifamily properties. We've invited a panel to compare, contrast, and champion their favorite asset classes! Please register now if you haven't already.

Want to Use Your Self-Directed IRA to Make Loans?

Then take this online class, held Saturday, April 26th. You will learn so much. Register now!

You'll learn how to make loans to other real estate investors -- profitably and safely. And you'll be learning from one of the most experienced lenders around: Chris McCarty, a KREIA Past President.

Chris is a self-directed IRA authority and longtime lender -- and a buy-and-hold guy. As a private lender, he's been using his IRA to make loans to other investors for decades. And he also makes tons of loans as a hard-money lender from his company, FlippinLoan.com (a KREIA past Platinum Sponsor). 

Already got plans for Saturday, April 26th? No worries! This online class will be recorded, and you'll have access to download the full video replay a few days after the event.  (If you register by midnight of Thursday, April 24, you'll get early-bird savings of up to $50!)

KREIA Co-Founder Noble Roberts, 1925-2025

KREIA 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.

Q&A With Ed Gibson: Longtime Investor Pays It Forward

"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 we sat down with him a couple of months ago to pick his brain – coming away with thousands of words of pure gold.

There wasn't room to fit the full interview in print and, trust us, 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 an active KREIA member currently logged into your account, you can read the full interview here.

Help the Children: Help the Home of the Innocents

The Home of the Innocents is a Louisville organization that takes care of abused, neglected, and medically fragile children. Even though we presented our annual check to the Home at our Holiday Party, the need for our assistance continues. Please make a much-needed gift to the Home through our fundraising page. (It's tax-deductible for you!) Or by purchasing something the children need that's mentioned on their Wish List.