I am a newbie at real estate investing (very new). I wanted to reach out and see if there are any investors in the Baton Rouge area that would like to connect and know of any meet ups happening soon. I am looking to make some great connections in the area!
Hi all. I'm in the Baton Rouge area & recently purchased my first investment property (4 bed, 3 bath sfh). Currently rehabbing it. Doing most of the work on my own for the education (rehab estimates are my biggest roadblock). I'm know I'm missing out on some rent due to time constraints (full time job, 2 kids & a wife), but I feel like it will pay off on the next purchase because I definitely overlooked some issues.
Did some wholesaling in Oklahoma a few years back which, went ok but not great. Would love to attend some BR REI meetings. I went to the OKC ones up until covid. They were a great education tool & motivator.
Specialist · Baton Rouge, LA · Member since 2018 · 117 posts · 110 votes
5y
@Emily Lord hi Emily! Welcome to biggerpockets and investing! I am in Baton Rouge too and would love to connect. I have a fourplex and a single family that I have BRRRRed and love talking real estate!
@Travis Steinemann Hi Travis! Thanks for reaching out to me so quickly. My first goal is to to house hack, whether it's through a duplex or single family property. I am moving out of my apartment this summer and plan to start looking for my first property within the next month or two. My long term goals are to BRRRR with single family and multifamily properties!
Specialist · Baton Rouge, LA · Member since 2018 · 117 posts · 110 votes
5y
@Emily Lord great plan! Start planning early. Get pre-approval for a loan if you are going that route, the market is very competitive right now. Or you can look for off market deals, find a place you think would work and look up the owner. There are lots of options if you are serious.
Investor · Baton Rouge, LA · Member since 2019 · 30 posts · 15 votes
5y
@Emily Lord like Travis said. Even with the market as hot as it is, there are always opportunities to be had for an investor. My name is Jonathan and I am a local investor in BR. My wife and I have just bought our first big renovation/house hack that we’ll flip in a couple years. Looking for small multi next. Homes are everywhere! I work as a realtor here in BR so we’re always watching the market. I’m open to hopping on a call if you like.
New to Real Estate · Denham Springs, LA · Member since 2017 · 5 posts · 0 votes
5y
I'm just getting started (trying to work out my first property in the next month or two) as well, and am in the Baton Rouge area. I'd love to hear from people and exchange ideas. I'm interested in single and small multifamily as well. And, hot though the market may be, it actually seems more ideal to me than other areas I've lived and looked at in recent years, so I'm hoping to get moving soon here.
@Celeste Barrett I'm working on the BRRRR method and in the process of getting the refinance from the bank. If you have any useful tips I'd love to hear them
Investor · Baton Rouge, LA · Member since 2014 · 128 posts · 138 votes
5y
Welcome everyone! I'm in Baton Rouge as well and would love to connect with other locals. I own 8 units and under contract for my 9th. Also just sold my first flip. I'm hoping the local REIA (the RING) starts back up again soon, but in the meantime I'd love to have coffee with anyone else who's up for it, especially now that I'm fully vaccinated (woohoo!).
Real Estate Agent · 70810 · Member since 2020 · 5 posts · 1 vote
5y
@Emily Lord Hey Emily, my name is Juan. I am in the Baton Rouge area as well. I look forward to possibly working with you. I am a real estate agent as well.
Baton Rouge, LA · Member since 2021 · 1 post · 0 votes
5y
@Amy Verges
Hi Amy. I am new to real estate and in BR as well. You mentioned the REIA. Is this a group that will be meeting on a regular basis soon? Any other groups you would recommend? Thanks!
Investor · Baton Rouge, LA · Member since 2014 · 128 posts · 138 votes
5y
@Shaun Lanza & @Lucas Rodrigues Ferro : the local REIA here in BR is called the RING (Real estate Investors Networking Group) and they used to meet once a month, but haven't gotten together in person since Covid. I'm hoping it starts back up soon. I don't think BP will let me post the direct link here (which is annoying), but if you google Baton Rouge RING meetup it should pop up as the first link. It's a meetup group called The RING: Baton Rouge REIA and you can click Join this Group to get on the email list so you'll be notified when they start back up.
Rental Property Investor · Denham Springs, LA · Member since 2020 · 4 posts · 4 votes
5y
Hey everyone! Local (analysis paralysis) investor here! Finally starting into this amazing field of REI! Actively searching for my 1st Quadplex, plan to house hack to get started! My sights are set on Multi-family Apartment Complexes up to 100-units and Apartment Syndication to help people that would like to get involved in real estate but not necessarily like to be actively involved in real estate. I look forward to all the great people I'll get to connect with along the way and hoping soon the Baton Rouge REIA starts the in person meetings back up soon!
Rental Property Investor · Zachary, LA · Member since 2019 · 31 posts · 4 votes
5y
@Justin England. I took a little “hiatus” from real estate but I’m now exactly where I need to be. I am looking for small apartments in nice areas of town (or surrounding areas). How do you get into finding these? I just got a good line of credit from my other houses and really want to partner and work on something
Rental Property Investor · Denham Springs, LA · Member since 2020 · 4 posts · 4 votes
5y
@Katie Lea That's great to hear you're where you need to be. I'll try to best answer your question, but if I misunderstood what you were asking just let me know and I'll gladly try to answer it correctly, as I'm not certain if you meant locally or just in general. Also feel free to message me for any more specific questions, I'm going to send you a request on here.
If you meant how to identify exactly what market(s) you should start looking in for Commercial Multi-family, I'd recommend checking out @Michael Blank book called Financial Freedom with Real Estate Investing and @Joe Fairless book called Best Ever Apartment Syndication Book. Both are essentially step by step books that break down the whole process and resources to use, such as how to identify potential markets and where to go pull the data to verify the markets.
If you meant how to identify somewhere in your local market, I'd highly recommend you begin reaching out to local brokers and establishing a great relationship, the goal will be to start receiving deals from them both on and off market, however prior I'd recommend you establish the exact criteria of what type of deal you're looking for (Core Plus, Value-Add, Distressed) Based off your comment of location I'd suggest Value-Add (In B+ only) or Core Plus. Also I'd work on identifying a Property Management Company that has experience in the type of property you're going after.
I touched very briefly on those two topics and there is a lot more involved in the process, so feel free to ask any questions, however incase I misunderstood, I didn't want to go to indepth. Please note, both situations assumed you want a very active role in the process, which may not be true at all.
If you want we can set up to grab a coffee or lunch one day and discuss your goals and exactly what you're looking for in a partnership role and I can gladly answer any questions you may have/help you determine the next step on your journey.
Rental Property Investor · Denham Springs, LA · Member since 2020 · 4 posts · 4 votes
5y
@CRAIG BILLINGS The website site address can be found in this discussion Craig, and everyone is invited. Or simply search Meet Up for Red Stick REIA and I'm sure you'll find it, the next even is Aug. 11th
Hi all. I'm in the Baton Rouge area & recently purchased my first investment property (4 bed, 3 bath sfh). Currently rehabbing it. Doing most of the work on my own for the education (rehab estimates are my biggest roadblock). I'm know I'm missing out on some rent due to time constraints (full time job, 2 kids & a wife), but I feel like it will pay off on the next purchase because I definitely overlooked some issues.
Did some wholesaling in Oklahoma a few years back which, went ok but not great. Would love to attend some BR REI meetings. I went to the OKC ones up until covid. They were a great education tool & motivator.