All Forum Posts by: Robert Leonard
Robert Leonard has started 46 posts and replied 1361 times.
Post: Anyone from Youngsville and Lafayette, LA area??
- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
Bonjour! Welcome to BP @Thao Nguyen! I would like to hear what makes this area interesting to you?
Post: New Southeast Texas Investor Starting Out
- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
Post: Lake Charles, LA Real Estate Investors Meetup 6/24/2019!
- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
We have an investor experienced in short term rentals who will be our guest speaker! Follow the link for more details.
We have over 300 members in this networking group. Our venue only has capacity for ~55 or so. Get in your RSVP early if you would like to attend.
Post: Advice for soon to be landlord
- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
If you use the ABCs of houses and neighborhoods, it's all made up. You can call it whichever you like. Those terms get thrown around here on BP like they mean something, but outside of commercial real estate, it's all made up. Even in commercial real estate the classes are sometimes complex to understand.
Alternatively, if you stick to the numbers, like rent rates and property values, that is easily verifiable and is less subject to arbitrary preferences.
Post: New investor in Baton Rouge, Louisiana.
- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
Welcome to BP @Matthew K Patton! Feel free to call or text me. I would like to hear about what you are looking to do in our back yard.
Post: Where to list property?
- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
I’ve had good luck with facebook market place, zillow and craigslist. I also use buildium and it does like zillow and syndicates your rental listing to multiple other sites.
Post: Looking for HML that will loan based off ARV in Baton Rouge
- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
Try any one of these. I know people at each one of them, but I have no affiliate relationship with them.
https://www.biggerpockets.com/co/blue-roof-holdings-llc
https://connectedinvestors.com/company/investors-capital
Post: Louisiana general contractor license
- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
You can do up to $75k of work with only a home improvement license. That is basically a registration, there is no test for the home improvement contractor’s license in LA. To get a GC license and find the answers to any related questions go here:
Post: Lease Ideas for Partial Tenant Vacancy
- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
You need an attorney, not BP for this one.
Post: Lafayette, LA Real Estate Investors Networking Event 04/15/2019!
- Investor
- Lafayette/Baton Rouge, LA
- Posts 1,468
- Votes 915
Hello @Tina Jenkins, thank you for asking. It is something new, so we all have a lot to learn about the topic. Opportunity Zones were added to the tax code by the Tax Cuts and Jobs Act on December 22, 2017.
Follow this link to the answer your question and some other good info: