Looking for duplex to house hack in Metairie, LA - any ideas?

Looking for duplex to house hack in Metairie, LA - any ideas?

Real Estate Agent · New Orleans, LA · Member since 2017 · 26 posts · 9 votes

Hi,

I am an inspiring real estate investor looking to get started by house hacking in the in the Metairie area near New Orleans, LA. Right now, inventory is very low. Any ideas on how to get some off-market leads or anybody know any investors looking to liquidate some of their portfolio?

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  • Stephen KeigheryBusiness Member
    Rental Property Investor · New Orleans, LA · Member since 2018 · 716 posts · 555 votes
    6y

    @Mason Mccullough landlords are feeling pain right now. Rent is harder to collect and they cannot evict tenants. You can pull a list of absentee owners of duplexes to market to. You could send postcards or just pick up the phone and call them. Alternatively you can get on the buyers lists of local wholesalers who are already doing this and see if any of their deals match your criteria.

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  • Real Estate Agent · New Orleans, LA · Member since 2017 · 26 posts · 9 votes
    6y

    @Stephen Keighery great advice thanks Stephen! How do I pull the list of absentee owners?

  • Stephen KeigheryBusiness Member
    Rental Property Investor · New Orleans, LA · Member since 2018 · 716 posts · 555 votes
    6y

    Listsource is probably your best option. There are many other services that offer this but List Source has good quality data. If you want to get phone numbers you will then need to skip trace them. Again there are many providers of this. I use Lead Sherpa and have found the data is very good. 

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  • Investor · New Orleans, LA · Member since 2012 · 968 posts · 747 votes
    6y

    I agree with @Stephen Keighery, but keep in mind that you may have a hard time finding a good tenant for the unit you plan to rent out, so I would suggest you ensure that you can cover the note without the tenant for some time. 

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