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Updated 9 months ago on . Most recent reply

User Stats

81
Posts
24
Votes
Agustin Rossi
  • Real Estate Agent
  • Southampton, NY
24
Votes |
81
Posts

Investing in Louisiana

Agustin Rossi
  • Real Estate Agent
  • Southampton, NY
Posted

Hello, I am thinking of investing in a duplex to rent out and have my first rental property in Louisiana and I wanted to know if there is anyone out here in Bigger Pockets that is investing in Louisiana. Thanks!

Most Popular Reply

User Stats

34
Posts
18
Votes
Edgard Leite
  • Investor
  • Greencastle, PA
18
Votes |
34
Posts
Edgard Leite
  • Investor
  • Greencastle, PA
Replied
Quote from @Agustin Rossi:
Quote from @Dominic Richardson:
Quote from @Agustin Rossi:

Hello, I am thinking of investing in a duplex to rent out and have my first rental property in Louisiana and I wanted to know if there is anyone out here in Bigger Pockets that is investing in Louisiana. Thanks!


 I know this was posted 2 months ago, but I am looking to invest in Louisiana as well. Did you pull the trigger on something? 


 Hey Dominic! I am traveling to Louisiana tomorrow to look for properties in Baton Rouge, Ruston and New Orleans. I am talking with many realtors, insurance people and lenders right now to find the best deals and to compare quotes and for the numbers to be more specific and keep making sense. I am having some issues finding insurance in Louisiana since many providers left because of the flooding and hurricanes that happened in the past, and insurance is very expensive but I have connected with you on BP so I will keep you posted if we get a deal in this trip, but very soon we will do our first one for sure. We have a friend in Louisiana that is a contractor and another friend that has 2 rental units there already so this is the reason we are looking in Louisiana, plus costs in NY where me and my business partner live are way more expensive of course. Thanks for your reply! Sorry for my late one!

 @Agustin Rossi,I have been investing in Baton Rouge for the past 4 years and currently have 28 doors there. Let me know if you need any help with insurance contacts or if you want to talk about return criteria in the area. I’m also an out of state investor.

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