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At Home in Louisville Real Estate Blog

A Book Called Hold

In a nutshell, a book called "Hold"  is all about buying real estate at a good price, putting tenants in it for a positive cash flow, and building your wealth.

Hold The BookIt's not a book about getting rich quick.  It's not about the latest fad or trick or sexy new thing that will change your life.  It's a book that goes over time tested principles for gaining wealth through owning real estate.

The book was written by our good friends Jimmy and Linda McKissack out of Denton Texas and Steve Chader out of Mesa Arizona.  What's cool about them writing it, is they have the experience to back up what they are saying because they actually built their wealth buying residential real estate.  They share their tried and true methods on buying and owning real estate.

The book begins with acquiring real estate.  It answers all sorts of questions like; What neighborhoods do you look in?  Should you pay asking price?  Then it covers financing. How do you find tenants?  Who should be on your investing teams and why? They even provide online spreadsheets to make sure your numbers are right.  Basically, it is a step by step process on how to buy homes and rent them out to create positive cash flow.

We personally use these principles to grow our own wealth.  At one point, the book mentioned Jimmy McKissacks original goal getting in.  He was forty and decided by the time he would be 65 (that's twenty five years later) he wanted to own enough real estate to generate $20,000 a month net cash flow.  That was the number he wanted to hit to retire.  He exceeded that goal.  This example clarified the why do we accumulate wealth.

We would love to help you invest in real estate, if this is your goal.  We have some links for you to browse just to see what is potentially available.  For example, our Louisville investment properties page has all the properties in Louisville that are distressed.  That is REO's or shortsales for sale. Then we suggest you use one of our licensed Louisville realtors to assist you in acquiring your asset.  Remember, their fee is paid by the seller, so there is no cost to you for purchasing Louisville Real Estate.

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Happy Thanksgiving in Louisville KY 2012

Thanksgiving In Louisville Ky 2012Happy Thanksgiving!!  At Home In Louisville Real Estate Group is so thankful for all of our Friends, Family, and Clients.  We are also very thankful for warm homes and another wonderful year at Keller Williams!  What are your Thanksgiving Day plans?  Whether you are spending a quiet day at home, traveling, or going for an outing we wish you a memorable safe holiday.

If you are planning to venture out on Thanksgiving Day or over the weekend and would like some festive entertainment options, you might enjoy visiting Churchill Downs,  going to see A Christmas Story at Actors Theatre of Louisville, or a performance of White Christmas at Derby Dinner Playhouse.  You can also take in a movie at Tinseltown or RAVE.  Fitness enthusiasts might even like to take part in the various Thanksgiving Day Runs or "Turkey Trots" in town.  The YMCA and and Anchorage Civic Club will both be hosting a Turkey Trot this year.  Have a restful and wonderful Holiday weekend!

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How Do I Get Preapproved for a Home Loan In Louisville KY?

Preapproval Home Financing In Louisville KYA lot of home buyers experience anxiety and have common misconceptions about the mortgage preapproval process. Sitting down with a mortgage banker might even seem torturous.  Many buyers worry about finding time for the appointment or believe getting preapproved will cost money.  Getting preapproved for a home loan is actually a fairly simple process and totally free.  Preapproval can now be done online, via phone, and email which saves consumers time.  No need to take a half day off of work or take a long lunch! If you like, First Commonwealth Mortgage (one of our recommended lenders) can send you an Adobe PDF application over e-mail.  Preapproval in Louisville KYThey will ask you to return a short list of items including your last two paystubs and W2’s.  Once you send back the application and requested documents, pre-approval can be completed within 24-48 hours. The lender will then give you a call back to review your preapproval via phone or in person.  Pre-approval can be quick, painless, and convenient!  To learn more about financing a home in Louisville or Louisville Real Estate feel free to contact At Home In Louisville Real Estate Group.

 

 

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Open House in Louisville Ky Sunday November 18th

Open House!

3110 Pioneer Pl, Crestwood, KY 40014 MLS#1343030

Sunday  November 18th 2012

2:00-4:00pm

3110 Pioneer Pl Front Porch

3110 Pioneer Pl, in Crestwood, KY 40014 will be Open This Weekend!  Come out to see us on Sunday November 18th from 2-4pm!  What a beautiful home!   If you would like to view other Open Houses in Louisville KY, we invite you to explore our website or call us for additional information at 502-371-1173.

Directions:HWY 146 E, Right on KY-1408/Floydsburg Rd, Left on Old Floydsburg Rd, Slight Right on KY-1408/Todds Point Rd, Left on Todds Point Rd, Continue onto W Mt Zion Rd, Left on Commonwealth, Left onto Pioneer Pl

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CenterStage JCC Louisville Ky Presents Ragtime November 2012

Ragtime with CenterStage at the Jewish Community CenterCenterStage at the Jewish Community Center in Louisville, Ky is currently presenting the Broadway Musical Ragtime.  If you've never seen a show with CenterStage you should definitely check it out.  CenterStage presents six to seven shows a year and is easily one of the best community theatres in town.  Ragtime won the 1998 Tony Awards for Best Score, Book, and Orchestrations.  The story follows three fictional families from different ethnic and socioeconomic backgrounds at the turn of the 20th century.  As the families lives intertwine, the audience is given a thought provoking look at a variety of social issues.  CenterStage gives a powerful performance that is sure to captivate you.  If you'd like to see the show you can purchase tickets by phone 502-459-0660 or at the front desk at the Jewish Community Center located at 3600 Dutchmans Lane.  Two chances left to see the show!  Check out the Centerstage page to see other shows playing this season.

Saturday November 10th at 7:30pm or Sunday November 11th at 2:00pm

For more information about other events in the area, visit our Louisville Real Estate Website.

 

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Frankfort Ave Fat Friday Trolley Hop

The Frankfort Avenue Trolley, also known as F.A.T. Friday, runs on the final Friday of every month from 6:00-10:30pm.   While riding the Frankfort Avenue Trolley, it's fun to discover great shopping, dining and entertainment in the historic Frankfort Avenue corridor.  Fat Friday offers FREE and Public Parking areas. The way to ride the Frankfort Avenue Trolley is simply, park the car and hop on the trolley at any designated stop on the final friday of the month and let the fun begin.

Frankfort Avenue Trolley Hop

The Fat Friday Trolley Hop is a blast!  If you have any questions about the Hop or what Homes are for Sale in the Cresent Hill Neighborhoodcontact the At Home in Louisville Team

 

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Open House in Louisville Sunday Nov 11th

Open House!

12505 Bridgetown Pl, Louisville, KY 40245 MLS#1343652

Sunday November 11th

2:00-4:00pm

12505 Bridgetown PL

At Home In Louisville Real Estate Group will be holding an Open House at 12505 Bridgetown Pl, Louisville, KY 40245 this Sunday November 11th from 2-4pm!  We invite you to join us at this four bedroom, 2 and 1/2 bath home in Bay Tree!  You will love the interior space, two car attached garage, and wonderful flat fenced in back yard! 

Directions: Westport Road to Northumberland. Right on Middlesex, Left on Bridgetown PL

Visit the link to see other upcoming Open Houses in Louisville KY 

 

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Can I purchase a home after selling mine through a short sale?

Buying a Home After a Short Sale

Have you sold your home through a short sale?  Do you wonder if and when you will be able to purchase a home again?  According to one of our recommended lenders at First Commonwealth Mortgage, a three year waiting period may be required before your next purchase, however; this is only required when mortgage payments become delinquent.  Paying your mortgage on time throughout the short sale process may allow you to purchase without the three year waiting period.  If mortgage payments are made on time, the loan will not be put into a foreclosure status when the bank reports it to credit companies.  This means individuals might be able purchase a new home with an FHA loan even after a short sale.  If you would like to learn more about purchasing a Louisville home or financing in Louisville, Ky please contact At Home In Louisville Real Estate Group.

 

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