This Month at KREIA: Tips on Property Management

Property ManagementNew to real estate investing and want to know what all is involved in being a landlord? This month at KREIA we're here for you! You'll get boots-on-the-ground insight into what it means to manage rental property. Register now for our July 25th main meeting!

Already a landlord and looking for ways to save time and money in property management? We've got you covered with:

  • Best practices on everything you should do before accepting applicants into your rentals
  • How to "toughen up" properties during rehab with durable materials
  • Recommendations on how to keep your tenants happy and staying in your properties (reducing turnover expenses)
  • Systems you can put in place to avoid late-night calls
  • Recommendations on record-keeping
  • Insight into the Rental Registry and local legislation
  • And more!

Plus, whatever questions you ask from the floor at Woodhaven!

We're bringing on a panel of longtime landlords/property managers to share their experiences and answer your questions. You'll learn from:

  • Dennis Erhard
  • Stephanie Smith (from LREI)
  • Just Leanhart (from LREI)
  • Stephanie Koebel (from 502pm)

Be sure to be through buffet line and in your seat by 7 p.m., because landlord class will be in session!

And don't miss the 5:30 p.m. Early Meeting either, because David Espinosa will be speaking on this topic: "Responding to the Rental Registry."


Hands-On Workshop Teaches How to Use Financial Calculator

Saturday, July 27th, 9 a.m.- 1 p.m. Eastern ONLINE
Learn to Use the Most Powerful Creative Deal-Making Tool in Real Estate, Hands-On...

You NEED to know how to use a financial calculator to do things in real estate ranging from negotiating great seller financing to figuring out how much you'll owe when a balloon payment comes due.

If you've ever wondered why your most experienced successful investor friends always have one within reach, and can always make what seem like really complicated calculations in just seconds, you know what we mean....

This hands-on workshop is the best way to learn to do that, and it includes a downloadable workbook and the recording for your real estate education library!

Get the details and register HERE.


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.


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

 

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Kentuckiana Real Estate Investors Association
PO Box 91225
Louisville, KY 40291

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