New Orleans Native Using Real Estate for Early Retirement

[Willow Cutrer]

I'm a 23 year old woman living in New Orleans and looking to start investing in real estate. My goal is to be able to rely on income a from real estate and other investments to cover my monthly cost of living by age 30. After finally getting my ducks in a row after a divorce, I now am able begin pursuing it. I would like to of made my first purchase by the end of the year and I am coming here to learn to do it the right way. To start, my predominant interest is house hacking, but moving forward from that I would like to explore flipping and landlording from afar. I ended up here after a long bout of Googling, and after a look around, I believe this the best place to find my footing before diving in.

[Braden Smith]

Hi @Willow Cutrer. Welcome to BP! You have definitely come to the right place. This is the best site out there for anything and everything related to real estate investing. You will find a wealth of information here on any type of real estate investing you may be interested in.

Be sure and check out the education tab at the top. Lots of good stuff there, such as:

Free Real Estate Investing "Ultimate Guides"

The Financial Independence Blueprint

There are also some great books in the bookstore, and check out the podcast as well.

I am both an investor and a licensed realtor here in New Orleans. House hacking is a great way to get started with real estate investing as is very doable, but our market is tough right now. Prices are at a premium and there is a massive amount of competition in our market. It is almost impossible to find a good deal on the MLS, so you need to focus your efforts on finding off market deals.

Check out these articles:

5 Ways I’m Still Finding Deals in Today’s Real Estate Market

The Benefits Of Off Market Real Estate

Best of luck to you! If you have any questions about our local market, feel free to reach out. Happy to chat anytime!