KREIA Holds Two L.O.T.S. Events in May

KREIA members, join us in Phoenix Hill on Tuesday, May 28th, for an inside look at an Airbnb makeover. Joe Worth is hosting, and he said 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 second-story addition to it," Joe said.

He'll also be posting his numbers and some "before" photos.

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 (if you haven't already), and arrive by noon on Tuesday.

But wait -- there's more! We're following up Tuesday's noon L.O.T.S. event with an evening version on Thursday, May 30th. Same house, same host, but one change: We've invited Home Inspector Marty Goldsmith, from Gold Home Inspections, to lead the tour.

We're calling it i-L.O.T.S., an inspector-enhanced L.O.T.S. event. And if your day job has kept you from attending our regular Learn On The Site events, here's your chance to see what they're like!

Marty is going to walk the house like he would for a client, offering tips, making notes, and pointing out things we should look for when walking through our own prospective rehab projects.

Why are we doing this? Because this May has five Thursdays, and it seems wrong to let a Thursday evening go by without dedicating a KREIA event to it. (After all, we plan events for four Thursdays a month almost every month. It's our night!)

We're not springing for dinner at i-L.O.T.S., but event organizer Hampton Scurlock has said the plan is to convene at a nearby pizza restaurant after the tour is concluded. Think of this event like a Happy Hour crossed with a L.O.T.S. (You'll need to buy your own food and drink.)

We hope to see you there on Thursday! And KREIA members can register here for the May 30th i-L.O.T.S..

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

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 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.

Louisville Deputy Mayor Pat Mulloy Addresses KREIA

Pat Mulloy, Louisville's Deputy Mayor for Economic Development, addressed real estate investors at KREIA's Sept. 28, 2023, main meeting. He described Mayor Greenberg's "My Louisville Home plan," which is designed to add 15,000 affordable housing units to the city.

Investors, are you ready to help meet the challenge?

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.

Looking for more KREIA features? Check out the News & Updates blog  (Kentuckiana Real Estate Investors Association) does not give legal, tax, economic, or investment advice. KREIA disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   

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