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 10-19 October 2019 President’s Letter
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Paid Advertising Rates
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Explosive Marketing Formula: 3 Marketing masters Chris Goff and Bo Manry share expert tips Welcome, New Members!
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Holiday Party Preview: It’s free for members on November 14th!
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Mike Butler: Trick-or-Treat time triggers tax-time strategizing
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Nina Musgrave: 10 reasons why 10 tenants leave rental units KREIA Photos
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L.O.T.S. Recap: Karl & Pam 17 Bergklint tackle Camp Taylor gut job rehab for their second flip Rob Bergeron: What is the BRRRR method?
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National REIA News Roundup
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Calendar of Events
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KREIA Members, The dictionary defines mentorship and mentoring this way: “a mentor may share with a mentee information about his or her career path, as well as provide guidance, motivation, emotional support and role modeling.” Throughout our lives we learn from others. Parents teach us to parent and teachers teach us how to use education to further every Chris McCarty aspect of our lives. Mentors help by sharing their struggles and success and hopefully accelerate our journey toward the success we seek. I have been fortunate throughout my life to have been mentored by some outstanding people who have selflessly helped me achieve success in my professional career. At times the mentors made themselves available by volunteering, but by far, the relationship was the result of me seeking out the mentors and asking specifically for help as I had identified them as models of success I was seeking. Any endeavor requires us to measure our performance or results against the success of others. How else are we to know what is possible? Mentors can help shortcut the learning curve. This is a straightforward business but is not without challenges. It is way more difficult to figure out the journey by trial and error and needlessly experience all of the failures when someone else (a mentor) has already experienced this failure and is happy to help you avoid the same. The awesome and gracious volunteer panel that shared their individual experiences last month at the September KREIA meeting were all mentors. They each shared their unique successes and failures with the eager membership sitting in the seats soaking up knowledge. The KREIA membership has this wonderful culture of abundance with information and knowledge, and it is this unique component of this great group that has kept me coming back for so many years. Most members are at times mentors sharing information freely, but at times these same members are mentees trying to understand some new facet or approach to the business. A great example of this is the emergence of Continued on Page 4
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.