Investment Properties Made Easy
My Pledge To My Real Estate Investor Clients
As your real estate partner and investor friendly eXp Realty agent, I pledge to be your unwavering ally in the world of real estate investment. My commitment is simple yet profound: to provide you with expert guidance, access to lucrative opportunities (on and off market), and the utmost transparency throughout your investment journey. I'll help you make well-informed decisions, negotiate favorable terms, and ensure your investments align with your financial goals. With my local insights and personalized approach, together, we'll pave the path to your real estate investment success and long term generational wealth.
Kentucky’s Investor Friendly Agent
I specialize in diverse property types like multi-family units, short-term rentals, and self-storage, with extensive experience in real estate investment. Constantly seeking new opportunities, I stay vigilant in both on and off-market searches for hidden gems. With a background in apartment syndications and affiliation with eXP Realty, I ensure top-tier service as your real estate agent.
Beyond transactions, I'm committed to uplifting the real estate community. Formerly with The DeRosa Group, I contributed to acquiring over 1,000 units in Lexington, KY. As President of the Montgomery County Residential Renters Association for six years, I've fostered community growth and pandemic resilience, exponentially increasing the organization's impact and resources.
I'm dedicated to education and support, administering multiple Facebook Real Estate Investor Groups for Kentucky. My motto, "A rising tide lifts all boats," underscores my commitment to empowering others in real estate endeavors.
Outside of real estate, I enjoy pursuing interests like Bigfoot tracking and financial content exploration, alongside cherished moments with my corgi.
If you're delving into the Lexington real estate scene, I offer a FREE market health report for an insightful perspective. Whether you're a seasoned investor or a newcomer, I'm passionate about guiding individuals towards financial freedom through real estate. Let's connect and start your journey!
Having recently relocated to Bowling Green, KY, I've gained invaluable insights into the western part of the state, further enriching my understanding of Kentucky's diverse real estate landscape.
3 Common Investor Misstep Tips
There are some tips for REI looking for purchase their next investment property. I have seen this play out time and time again and it costs them in the long run.
Always Write The Offer
Frequently, properties may not financially justify their current purchase price, particularly when the cost of capital escalates for the investor. Nonetheless, this is where ingenuity comes into play, alongside understanding the seller's motivations. Finding motivation can only truly be achieved through submitting a formal offer. Through my experience of crafting offers with clients, I've encountered numerous sellers willing to entertain offers significantly below the listed price. It's crucial to remember that the listed price merely serves as a starting point. Make offers what aligns with your own financial goals. My sole discretion is to base offers on sound data. Equip your agent with justifications supporting your offer, essentially providing them with the necessary ammunition for negotiation.
Don’t Get Stuck In “Analysis Paralysis”
This one goes a lot in line with the above but still needs to be stated separately. Avoiding "Analysis Paralysis" is crucial when underwriting investment properties. While thorough due diligence is essential, overanalyzing can lead to missed opportunities or delayed decision-making, ultimately hindering investment success. It's important to establish clear criteria and timelines for evaluation, focusing on key metrics such as cash flow, cap rates (for commercial properties), and cash on cash ROI just to name a few bigger metrics. Additionally, trusting your instincts and leveraging the expertise of advisors, like myself, can help streamline the underwriting process. By striking a balance between diligence and decisiveness, investors can confidently pursue opportunities while mitigating the risk of getting bogged down by excessive analysis. Flexibility and agility are key in adapting to evolving market conditions and seizing promising investment prospects without hesitation. Remember that “Your first property will be the hardest.”
Be Conservative In Underwriting
Being conservative in the underwriting of an investment property is essential for prudent decision-making and risk management. It involves taking a cautious approach when evaluating the potential returns and risks associated with the property. This means erring on the side of caution by using realistic, rather than overly optimistic, assumptions for rental income, expenses, vacancy rates, and appreciation. By being conservative in underwriting, investors can better withstand unexpected market fluctuations, economic downturns, or unforeseen expenses, ensuring the long-term viability and profitability of their investment portfolio. Additionally, it helps to mitigate the potential for over-leveraging and minimizes the likelihood of financial distress or default. Ultimately, conservative underwriting provides a solid foundation for making informed investment decisions and achieving sustainable growth over time.
*Investing always carries some level of risk, and being overly conservative can hinder your progress. It's important to find a balance and avoid standing in your own way by being too cautious.
Investor Programs
With my focus being on working with real estate investors I have programs that programs that catered to provide you with the best service possible. Being an investor myself I know what works best for you and your REI goals.
For Flippers
As a flipper, minimizing costs and maximizing profits is essential, and time is of the essence. When you list your property with me, you'll benefit from reduced rates for repeat clients. Additionally, through my “Under Contract Package”, potential buyers may have their moving expenses covered, increasing the likelihood of offers on your properties. More offers mean shorter listing timelines and reduced holding expenses for you.
For Landlords
In real estate, buying and holding can yield significant power. As your agent for investment properties, I recognize that speed isn't always the top priority. However, securing financing or accessing additional capital for other projects can be crucial. By partnering with me, I can connect you with top lenders offering tailored products, potentially saving you thousands. Additionally, I have access to numerous off-market deals and pocket listings that may align with your interests.
For STR and MTR Operators (Furnished Rentals)
These investors venture further into the realm of hospitality. I can connect you with reputable property managers or guide you through self-management. This service is complimentary. Additionally, I can offer referrals to designers and provide shopping lists to optimize your property for success. Furnished rentals offer a lucrative niche, but navigating local regulations can be complex. Partner with a seasoned professional who can ensure compliance and peace of mind.