Anybody from New Orleans / Baton Rouge, Louisiana area?

Question

Hi all,

Good afternoon. Former Louisiana boy presently living in DFW. I wanted to see if we have any investors on the Northshore or in Baton Rouge? I would love to network with you.

Have a blessed day.

Kevin

Braden Smith · Answer

@Albert Dase

Hi Albert,

As far as knowing which way to invest goes... wll, that all just depends on what you enjoy. You have determine which type of investing you enjoy and then just do that. You will never be wildly successful at something you don't really enjoy doing. Once you know what type of investing you are interested in, seek out anyone and everyone who is doing that type of investing. Surround yourself with successful people who know more than you do. "If you're the smartest person in the room, then you're in the wrong room."

I would suggest joining NOREIA to start. You can check it out here: http://neworleansreia.com/ Attend the meeting, network and put yourself in the mix. Offer seasoned investors to JV (joint venture) where you find the deal and they help walk you through it for 50%. I know there are investors at NOREIA willing to do so. Think of it as paying for education, but in a much better way than relying on some guru course or program. This is first hand knowledge and 50% of a deal is better than 0% of a deal any day!

And NEVER stop learning. Read the books, watch the videos, listen to the podcasts and do it religiously. Create a solid routine for yourself that is the same week to week. Success is found in the routine. This is how you reach the highest level of competence: unconscious competence. This is where your routine creates habits that no longer require your conscious thinking. It becomes automatic and second nature. Develop a routine that ties in all aspects of your investing strategy (prospecting, research, marketing, sales, etc) so that each day, each week, each month and so on you know exactly what tasks you are doing, when you are doing them, and why you are doing them.

Check out this article:

http://www.forbes.com/sites/jennifercohen/2013/10/02/5-things-super-successful-people-do-before-8-am/

Albert Dase · Answer

@Braden Smith

Hello Braden, my name is Albert. I am a new up and coming investor with the intentions on making investing in real estate a life long career. I have been educating myself for the past 6 months on real estate. I have bought books from Wendy Patton, Dave Ravindran, Gary Eldred. I have also downloaded many podcast. From your professional opinion, what is the best way to learn about real estate investing. There are so many ways to invest, how do you know which one is the right one.

Any help is greatly appreciated

Thanks

Braden Smith · Answer

@Ryan Ray I am a local realtor and investor. Currently I focus mainly on wholesaling to other investors and helping them to buy and sell investment properties. I plan to get into rehabbing soon though. Anything I can help you with in the area, let me know!

Nicholas Jasmine · Answer

i appreciate the hospitality @robert Leonard

Robert Leonard · Answer

Welcome to BP @Nicholas Jasmine!

I own a small multi-family complex in Alexandria.  I'll be in Alex Wednesday.  BP is a great place to learn.  I look forward to seeing you around the site and maybe we can get together and grab lunch or a coffee?  See you around.

Rob

Nicholas Jasmine · Answer

i live in the Alexandria area and I just jump into the rental game.  I'm looking to buy another rental property in Louisiana.

Ryan Ray · Answer

@Braden Smith what kind of investing do you do in the big easy?

Kevin Parnella · Answer

Thanks guys. I look forward to hearing about your investment stories. Y'all have a great night.

Pete Patel · Answer

@Kevin Parnella

I am in Baton Rouge.  Also a "RING" member here for a couple of years.  Let me know if I can be of any help to you.  Also an investor/realtor in the area so I can assist you with any info.  Welcome to BP and hope to see you around BR.