Rental Property Investor · Member since 2020 · 172 posts · 110 votes
6y
Hi Brett. Hang around the forums focused on New Orleans. When you notice someone saying something smart connect with them and ask if they would consider meeting you for coffee at a place convenient for them. You'll get a lot out of it. Most people will say yes.
Rental Property Investor · Member since 2020 · 172 posts · 110 votes
6y
Hi Brett. Hang around the forums focused on New Orleans. When you notice someone saying something smart connect with them and ask if they would consider meeting you for coffee at a place convenient for them. You'll get a lot out of it. Most people will say yes.
Investor · New Orleans, LA · Member since 2012 · 969 posts · 747 votes
6y
Hi @Brett Krysan. Welcome to BP! I am both an investor and a managing partner with a local real estate brokerage. Nice to make your acquaintance!
The New Orleans area has lots of investors. In fact, I would go as far as to say that the New Orleans market has reached a point of absolute saturation with real estate investors and real estate agents. The competition has become rather fierce over the last few years.
What type of rental properties are you interested in?
Rental Property Investor · New Orleans, LA · Member since 2020 · 3 posts · 1 vote
6y
@Braden Smith I would say I am focusing in single family or multi family. Wouldn’t mind finding a duplex and house hacking by living on one side and renting the other.
Also looking at investing on the northshore as well- covington/mandeville area
Investor · New Orleans, LA · Member since 2012 · 969 posts · 747 votes
6y
@Brett Krysan House hacking is a great way to get starting in real estate investing! But multifamily properties are in high demand and hard to find. Most of the ones you will see on the MLS are priced at an absolute premium, so in order to find a good deal you will need to look off market. The Northshore has some doubles, but near as many as the Southshore. But you get much more for your money on the Northshore.