Investor in Baton Rouge
I am looking to start investing in the Baton Rouge market. Looking for deals that generate income (buy and hold). These could be single family or multi-family or a combination of both
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Welcome to BP @James Maness! That's a great idea. ;-)
Here's your 3 step plan.
1. Stick around here for learning/networking. Listen to the podcasts. They are like short courses on different strategies and philosophies of investing.
2. Join "the RING". Real Estate Investors Networking Group found on meetup.com to meet other investors in the Baton Rouge market.
3. Start getting to know the market. The more you learn, you will start to develop an idea of what your ideal property looks like. Search for it like you are ready to buy it. Then you can start to get an idea of how your ideas fit our market.
Keep an open mind and keep learning. You'll never know it all. You'll know when you are ready to start when you know a good deal when you see one. YOU have to know a good deal when you see one, because you will get pitched bad deals a lot. The only way not to get burned, is if you know a good deal when you see one based on your own analysis.