New Orleans Purchasing Advice for Shotgun Double
We're looking to purchase a 'shotgun double' in New Orleans in the next few months. While the ultimate goals would be to acquire several of these properties as rentals, eventually one would be to live in as a primary residence. That being said we are primarily limiting this first property to the Lower Garden District over to Uptown. Anyone have any advice in terms of pros, cons, what to watch out for, etc. . I'm looking at vacancy rates on NeighborhoodScout and they're quite high in some neighborhoods as well, even in neighborhoods I would have thought were insulated by the university.
Most Popular Reply
Hi @Brandon Wright. Welcome to BP! You will find a wealth of information on this site, as well as many fellow investors that are willing and able to assist you and answer any questions you may have. I am both an investor and a licensed realtor here in the New Orleans area. Be sure to check out the Education tab here on BiggerPockets. You will find a ton of useful information to help you with your foray into real estate investing.
See here for the Guides: BP Guides
See here for the FREE video series: The Financial Independence Blueprint
See here for the blog: The BiggerPockets Blog
Check out our local REIA, which is the New Orleans Real Estate Investors Association (NOREIA) and search MeetUp.com for local real estate investing meetups.
If I can answer any questions for you, feel free to reach out.
Best of luck to ya!