Business partners Mike Gorius and Kevin Hart are successfully investing in Louisville's real estate market, favoring ranch-style homes for their renovation ease. With a combined strategy of flipping and holding properties, they've completed 50 transactions and own over 20 rentals in the area. Gorius chose Louisville for its affordability compared to Phoenix, despite having started investing remotely. Hart, being a local, provides deep market insights, while the recent business growth prompts Gorius to relocate, expanding their real estate presence further in Louisville.
"That's probably our favorite house to do. They're just super easy to renovate, most of them are 1950 or newer, and usually there's nothing too crazy about them," Hart told Business Insider.
Gorius, who started investing remotely, was looking for a growing but affordable market. Louisville has proven to be steady, avoiding extreme market fluctuations seen in other areas.
Hart, who was born and raised in Louisville, knows the city intimately. But Gorius, who is from Massachusetts and spent years living in Phoenix, chose to invest in Kentucky's largest city from afar.
In 2024, they did 50 transactions between wholesales, wholetails, and flips, and they own more than 20 rental properties throughout the Louisville area.
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