Providing Education, Resources & Networking Since 1978 Kentucky’s premier investment club for landlords, rehabbers and wholesalers Meeting the 4th Thursday of every month (except November & December) KREIA.COM • facebook.com/groups/kreiaky • twitter.com/reiaky
Monthly Newsletter for KREIA Members
Vol 06-19 June 2019 President’s Letter
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Paid Advertising Rates
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Landlording: How to Pick & Manage Rentals
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Welcome, New Members!
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Government Affairs
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Tech: Create your own ebooks
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National REIA News Roundup
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KREIA Photos
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L.O.T.S. Recap: Frank Miller scores another hit in Shively
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Michelle Rawn: KREIA’s 2019 Elections & Sample Ballot
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Candidate Bios: Chris McCarty Tamara West Ed Gibson Mike Butler Greg Nalley Hampton Scurlock Laura Kampschaefer Wendy Kays Nina Musgrave Rob Bergeron Jordan Pohn Katie Crotzer Dennis Erhard Beau Hollis Ian Hooper Frank Miller Rue McFarland Ken Hodge
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KREIA Members! This month we need your votes for those running for the open seats on KREIA’s board! As with every election, it’s very important we get as many of our members to vote as possible, so if you can’t make it to the monthly meeting, please send Michelle Rawn an email in advance with your votes for the board and leadership positions. Eric George Now on to this month’s main topic – How to Pick & Manage Rental Properties! There’s been so much hype on TV shows over the years about flipping houses for fast cash, and getting those chunks of cash is a great thing, but if you truly want to create more income that can allow you to quit your 9-to-5 job and obtain more freedom in your life, then creating a rental portfolio that generates cash for you every month is essential! Our local expert landlords Clay Smith and Mike Butler will teach you how they find, acquire, and manage rental properties in our area and the systems they’ve used to generate consistent cash flow every month, while minimizing the headaches and time needed to manage those tenants! I can tell you from personal experience that the rentals I’ve acquired over the last ten years allowed my wife to quit her engineering job at G.E. and have given our family the ability to travel more often and spend more time doing things we truly enjoy! It’s certainly not a “get rich quick” strategy, but it allows you to build equity over the years while paying yourself “dividends” in terms of the cash-flow you create each month. Also, make sure you sign up for Mike Butler’s “3 Day LIVE Landlord Certification Training” that starts June 28th, the day after our monthly meeting! This is a must-attend training for anyone who is serious about growing a profitable rental business. Learn more and register online at KREIA.com! See you at the meeting! Eric George KREIA President
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Copyright MMXIX Kentuckiana Real Estate Investors Association • P.O. Box 91225 • Louisville, KY• 40291 (502) 509-2216 www.KREIA.com DISCLAIMER: KREIA does NOT pre-qualify, evaluate, endorse, guarantee or warranty any particular deal, service, company, or person. The Kentuckiana Real Estate Investors Association recommends you perform your own due diligence & seek appropriate legal, accounting, or other professional advice before making any investment. KREIA is a Member of National Real Estate Investors Association.