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Updated about 10 years ago on . Most recent reply
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Newbie from Louisiana
Greetings BP Family,
I am excited to be apart of the BP family. I see there is so much you can learn on here.This site has gives a lot of helpful information. I have been involved in the financing side when it comes to real estate, now I want to be involved in the wholesaling side when it comes to starting out in Louisiana. Now I am asking for your help and assistance with so many questions going through my mind. I have a love for residential and commercial real estate. I am close to the New Orleans area going towards Metarie, Slidell and more. If there is someone in these areas or surrounding that could point in the right direction as to where to start, how it works in Louisiana when it comes to locating properties, and the list goes on. Someone who was in my shoes, now have the system down to a tee, please help and maybe some hands on experience in pursuit of my first deal. So any do's and don'ts, advice, or useful info will be greatly appreciated.
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Welcome to the site Stewart! I've been doing direct mail to vacant land owners in the near by area (1-2 hours away). I've been thinking about doing a campaign in New Orleans to get another residential property as well.
I would start by figuring out which area you are looking to get properties in, what price range will sell, and what type of property (single family/multi/commercial). From there, you can go on the Orleans Parish tax assessor's website and start looking through properties in that area to see which houses are out of state owners, which have back taxes owed, etc. The tax assesor's website is very user friendly and full of information.
You could start there by putting together a free list, or call the parish to see if they'll give or sell you a list of properties to mail to. Also, driving for dollars in New Orleans seems like it would be a good strategy since there are so many boarded up houses in nice areas.
Good luck!!