National REIA's Video Conference Call from June 5, 2020

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Money is still available in the Payroll Protection Program and you have until June 30 to apply, advised Kevin Coughlin of Lexington Companies during the June 5 National REIA COVID-19 Update. If you've already applied and are now looking into how you can get as much loan forgiveness as possible, rules and requirements have changed recently in favor of business borrowers.

Charles Tassell advises caution as eviction courts reopen so that you don't run afoul of rules that apply to rentals that benefit from some sort of subsidy: Re-examine your loans to make sure you're following rules on when evictions can be filed and late fees charged.

Tyler Johnston of IDI demoed his company's skip-tracing service and gave REIA members a special URL to use for a 50% discount on their service.

NREIA Executive Director Rebecca McLean offered a national market update discussing trends.


See You at Noon 6-5-2020: Eric George

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Rob Bergeron interviews KREIA Immediate Past President Eric George (aka "IPP") to find out how he started investing in real estate and what led him to specialize in student rentals.

Eric reveals that currently he and his wife, Christina, are focusing on investing in self-storage. He offers some tips on evaluating markets for that investment class, and also he names his mentor.


See You at Noon 5-29-2020: Follow-Up Friday

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Rob Bergeron invites KREIA President Chris McCarty and Vice President John Jones to sum up our May 28th meeting, in which marketing expert Sharon Vornholt offered 12 ways to find off-market deals. John gave a testimonial revealing that much of his marketing efforts are based on Sharon's teachings. Chris offered some lessons he learned from the 2008 downturn and compared the situation to what investors face now with COVID-19. Lots of golden nuggets here!


April 2020 Main Meeting Replay

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Here's the members-only video replay of the April 23rd main meeting -- KREIA's first ever virtual main meeting: The State of Kentuckiana Real Estate. 

We invited seven experts to research and present a topic relevant to Kentuckiana real estate investors in the wake of COVID-19:

• Attorney Michelle Rawn gave us the legislative update on the courts reopening
• Real estate agent Rob Bergeron looked at stats on home sales, both locally and nationally
• Lender Jordan Pohn discussed banks' changing lending requirements
• Property manager Erik Hitzelberger gave us the outlook for landlords
• Wholesaler Hampton Scurlock explored challenges facing home buyers and sellers
• Rehabber Frank Miller gave us a market perspective from a fix-and-flipper
• Airbnb host Luke Neubauer described the hard hit suffered by short term rental managers

This edited video replay includes the early meeting slideshow.


See You at Noon 5-22-2020: The Future

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What does the immediate future hold for the real estate industry? Home prices and demand are fairly stable for now, but will that change? Rob Bergeron invites Mike Fallot of MM Lending -- a fix-and-flip private money lender for the Louisville, Cincinnati and Indianapolis markets -- to analyze data and predict what's coming down the pike.



Full PVA Search Free During COVID-19 Shutdown

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One upside to the shutdowns related to the coronavirus is that the full-enchilada Jefferson County PVA search is now free for the time being. It normally costs $35 for 30 days of access or $10 for a day pass.

Got properties you want to look up? Want to see data you usually have to pay for? Check out the neighborhood sales lists, multiple photos of the property (including of the back of the house), plat maps, sales histories and more.

Check out all the PVA goodies at jeffersonpva.ky.gov


National REIA's Video Conference Call from May 8, 2020

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Did you miss National REIA's May 8 video call? Catch the replay for updates on COVID-19 relief packages and a demo of the idiCORE skip-tracing system. There's also a short presentation from Georgia investor Tony Youngs on how he finds investment properties on the "hidden market" -- houses "even the owners didn't know were for sale."

During the presentation NREIA officials announced they're going to start holding these video calls every other week instead of weekly. The next call is scheduled for May 22.



KREIA's Mike Butler Featured on BiggerPockets Podcast

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Did you catch Episode 380 of the BiggerPockets Real Estate Podcast, which aired on April 30? If so, you probably heard a familiar voice. KREIA Past President Mike Butler was one of the guests on the world's largest real estate podcast.

Hosts Brandon Turner and David Greene picked Mike's brain on how to manage rentals through the COVID-19 crisis. Chris Clothier of REI Nation (formerly Memphis Invest) and Dave Poeppelmeier, who manages student housing in Toledo, also contributed their ideas.

You can listen to this episode at the BiggerPockets Podcast page, through any of your podcasting apps, or watch it on BiggerPockets' YouTube channel.