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Updated over 5 years ago,
Cash Flowing Duplex(s) in New Orleans
Hello BP Family,
My wife and I have decided to take our look out of state for multi family investment opportunities for cash flow. (Here in California is fat outside of our price range).
Our search has brought us into the New Orleans area; multifamily properties are available and reasonably priced.
Beyond being mindful of the flood zones, is there any additional considerations to investing in this area specifically if the numbers make sense?
Does anyone know a good realtor/ property manager I can speak with in the area to ensure I’m looking in the right part of town? - We’ve done our share of internet digging reviewing crime, Rentometer, etc but want the “boots on the ground” to validate our data.
Any contacts would be greatly appreciated.