Hello everyone, my name's Dreyson. I'm looking to invest in LA state, but I don't know the area too well. Certain deals, specifically in Shreveport, have popped up and numbers seem good - what I'm wondering is,
- What areas are good for families?
- Are there any places to avoid or to definitely go for?
I'd love some more knowledge about the area. Have you yourself invested in Louisiana? Thank you all for your time and have a good one.
I currently live in Shreveport and am familiar with the area. There are definitely places where the numbers work well and some where you might not want to be, depending on what you're going for. I don't currently own any investment property here, but I am working with a local agent who I found through BP to find some, and he's been very helpful.
Feel free to reach out for any questions you have, and I'll do my best to help!
@Dreyson John Kuikaika Mahi welcome to Louisiana. I invest in the Monroe-Ruston area, which is decent for cash flowing rentals. I am not all that familiar with Shreveport, but there are definitely good areas for families there. There is also the military base near by - which is usually good for a solid rental market. Are you looking for buy and holds, flips, or development?
I appreciate the response Trey. Any specific neighborhoods to avoid? And I'm glad to hear you're taking steps in real estate!
Glad to hear that youre investing in LA state. For the specific deal in LA im planning on house hacking. My long term picture is to have rentals paying for necessities and then I'd wholesale & fix & flip for short term capital - kinda like work "bonuses"
Some of the neighborhoods some people would want to avoid are also the ones with the highest cash flow. What class neighborhood are you looking for? I could help you more with a specific address or class of neighborhood.
one deal i saw was around Kings Hwy. and I'd take slightly worse cashflow over bad neighborhood so if there's any that stand out feel free to list a couple.
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