New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
Newbie in New Orleans
Hello BP Community! I'm new to BP and a recent transplant to New Orleans. I'm originally from sunny Sacramento, California and moved to the Big Easy to marry my fiance, who is a native New Orleanian. I moved from a dry state in the middle of an epic drought, to a city that gets 60+ inches of rain a year and can't pump its water out fast enough.... I joke that if I could just figure out an economical way to ship Louisiana's excess water to California, I could solve both states' problems in an instant (and probably make a killing in the process)!!!
So until I come up with the business plan for my brilliant water-shipping business, I'm looking to invest in residential properties in Orleans Parish and possibly the surrounding parishes (St. Bernard, Jefferson). I'm initially looking to buy and hold multifamily homes, preferably triplexes, fourplexes, and small apartment buildings with 5-10 units. I know there are a ton of homes that need rehabbing in this area, so I am open to fix and flips as well.
Thanks for reading this and good luck to everyone in all of your real estate adventures!