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Updated over 14 years ago on . Most recent reply

User Stats

26
Posts
4
Votes
Mark Powell
  • Real Estate Investor
  • Loranger (New Orleans), LA
4
Votes |
26
Posts

Just an Idea

Mark Powell
  • Real Estate Investor
  • Loranger (New Orleans), LA
Posted

So I have been thinkin and now my head hurts. But, I got something out of it that landlords might be interested in. I come from the industrial construction field. You know oil refineries and chemical plants and steel mills and power plants. All those things that you rely on every day such as gas, electricity, water, that can of coke your holding in your hand... in some way shape or form an industrial construction worker had something to do with it.
Which brings me to my point. These workers go from job to job and from state to state following the money. They work long hours and make really good money (avg per hour is 25$) and they live in motels and hotels and travel trailer parks. They spend upwards of 200 a week on rent at these places and I was thinking that maybe someone should think about these people.

Lets take New Orleans for example. In places such as Destrehan, Boutte, Ama, Norco, Kenner and Metarie and La Place these workers live and work. A special thing about New Orleans is that it is mostly old construction. shot gun houses and duplex's. These places are not somewhere that people want to owner occupy, but since you can buy them for cheap, you can rent them for cheap. PER WEEK. thats what these workers are looking for. Weekly rates. Because they get laid off and transfered at the drop of a pin. I would like for landlords to think about this and maybe consider investing in properties near your local oil refinery, chemical plant, power plant etc. and try to help out these workers. Everyone there makes +/- 1k a week and need weekly rates. Just a thought. Hope it made sense

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