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Updated about 1 year ago, 10/17/2023

User Stats

21
Posts
8
Votes
Jon Lester
Pro Member
  • Real Estate Agent
  • New Orleans, LA
8
Votes |
21
Posts

Massive Growth Opportunity in New Orleans

Jon Lester
Pro Member
  • Real Estate Agent
  • New Orleans, LA
Posted

Hey everybody,

I wanted to share a really great opportunity in New Orleans for some savvy investors looking to get in on some semi-fast but massive equity opportunities.  This area of New Orleans has historically been a little rough, but lots of big investment money coming in quickly and revitalizing the entire area.  This could be a really great opportunity to buy low and sell high in only a few years. 

Check out the article below for details.

https://neworleanscitybusiness.com/blog/2023/10/03/infrastru...

  • Jon Lester
  • User Stats

    466
    Posts
    277
    Votes
    Wyatt Wolff
    Pro Member
    • Lender
    • Charlotte, NC
    277
    Votes |
    466
    Posts
    Wyatt Wolff
    Pro Member
    • Lender
    • Charlotte, NC
    Replied

    Used to live there, and grew up about a mile or two from there in Algiers Point. Can confirm, area is rough. Bulletproof your Tahoe if you are planning on being there often 

  • Wyatt Wolff
  • [email protected]
  • User Stats

    6,413
    Posts
    3,666
    Votes
    Bob Stevens
    • Real Estate Consultant
    • Cleveland
    3,666
    Votes |
    6,413
    Posts
    Bob Stevens
    • Real Estate Consultant
    • Cleveland
    Replied
    Quote from @Jon Lester:

    Hey everybody,

    I wanted to share a really great opportunity in New Orleans for some savvy investors looking to get in on some semi-fast but massive equity opportunities.  This area of New Orleans has historically been a little rough, but lots of big investment money coming in quickly and revitalizing the entire area.  This could be a really great opportunity to buy low and sell high in only a few years. 

    Check out the article below for details.

    https://neworleanscitybusiness.com/blog/2023/10/03/infrastru...


     I care about 4 things to get my attention.

    How much needed, 

    Income per year,

    Secured how? 

    Your relationship with the deal. Do NOT tell me your " partner" has the contract, 


    Thank you 

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    User Stats

    21
    Posts
    8
    Votes
    Jon Lester
    Pro Member
    • Real Estate Agent
    • New Orleans, LA
    8
    Votes |
    21
    Posts
    Jon Lester
    Pro Member
    • Real Estate Agent
    • New Orleans, LA
    Replied
    Quote from @Bob Stevens:
    Quote from @Jon Lester:

    Hey everybody,

    I wanted to share a really great opportunity in New Orleans for some savvy investors looking to get in on some semi-fast but massive equity opportunities.  This area of New Orleans has historically been a little rough, but lots of big investment money coming in quickly and revitalizing the entire area.  This could be a really great opportunity to buy low and sell high in only a few years. 

    Check out the article below for details.

    https://neworleanscitybusiness.com/blog/2023/10/03/infrastru...


     I care about 4 things to get my attention.

    How much needed, 

    Income per year,

    Secured how? 

    Your relationship with the deal. Do NOT tell me your " partner" has the contract, 


    Thank you 


     Check out this post and let me know if you're interested.

    https://www.biggerpockets.com/forums/517/topics/1146828-cash...

  • Jon Lester
  • User Stats

    6,413
    Posts
    3,666
    Votes
    Bob Stevens
    • Real Estate Consultant
    • Cleveland
    3,666
    Votes |
    6,413
    Posts
    Bob Stevens
    • Real Estate Consultant
    • Cleveland
    Replied
    Quote from @Jon Lester:
    Quote from @Bob Stevens:
    Quote from @Jon Lester:

    Hey everybody,

    I wanted to share a really great opportunity in New Orleans for some savvy investors looking to get in on some semi-fast but massive equity opportunities.  This area of New Orleans has historically been a little rough, but lots of big investment money coming in quickly and revitalizing the entire area.  This could be a really great opportunity to buy low and sell high in only a few years. 

    Check out the article below for details.

    https://neworleanscitybusiness.com/blog/2023/10/03/infrastru...


     I care about 4 things to get my attention.

    How much needed, 

    Income per year,

    Secured how? 

    Your relationship with the deal. Do NOT tell me your " partner" has the contract, 


    Thank you 


     Check out this post and let me know if you're interested.

    https://www.biggerpockets.com/forums/517/topics/1146828-cash...

     It's terrible, why would you even think about that?  It LOSES each month? You are hoping in appreciates, NOT a wise way to invest.  "

    Massive Growth Opportunity in New Orleans" 

    Come on this is NOT FB, 

    Good luck 

    User Stats

    21
    Posts
    8
    Votes
    Jon Lester
    Pro Member
    • Real Estate Agent
    • New Orleans, LA
    8
    Votes |
    21
    Posts
    Jon Lester
    Pro Member
    • Real Estate Agent
    • New Orleans, LA
    Replied
    Quote from @Bob Stevens:
    Quote from @Jon Lester:
    Quote from @Bob Stevens:
    Quote from @Jon Lester:

    Hey everybody,

    I wanted to share a really great opportunity in New Orleans for some savvy investors looking to get in on some semi-fast but massive equity opportunities.  This area of New Orleans has historically been a little rough, but lots of big investment money coming in quickly and revitalizing the entire area.  This could be a really great opportunity to buy low and sell high in only a few years. 

    Check out the article below for details.

    https://neworleanscitybusiness.com/blog/2023/10/03/infrastru...


     I care about 4 things to get my attention.

    How much needed, 

    Income per year,

    Secured how? 

    Your relationship with the deal. Do NOT tell me your " partner" has the contract, 


    Thank you 


     Check out this post and let me know if you're interested.

    https://www.biggerpockets.com/forums/517/topics/1146828-cash...

     It's terrible, why would you even think about that?  It LOSES each month? You are hoping in appreciates, NOT a wise way to invest.  "

    Massive Growth Opportunity in New Orleans" 

    Come on this is NOT FB, 

    Good luck 


     Where are you seeing losses?  It's cash-flowing $423 per month as-is, and one of the rents just got approved to increase on December 1st, 2023.

  • Jon Lester
  • User Stats

    6,413
    Posts
    3,666
    Votes
    Bob Stevens
    • Real Estate Consultant
    • Cleveland
    3,666
    Votes |
    6,413
    Posts
    Bob Stevens
    • Real Estate Consultant
    • Cleveland
    Replied
    Quote from @Jon Lester:
    Quote from @Bob Stevens:
    Quote from @Jon Lester:
    Quote from @Bob Stevens:
    Quote from @Jon Lester:

    Hey everybody,

    I wanted to share a really great opportunity in New Orleans for some savvy investors looking to get in on some semi-fast but massive equity opportunities.  This area of New Orleans has historically been a little rough, but lots of big investment money coming in quickly and revitalizing the entire area.  This could be a really great opportunity to buy low and sell high in only a few years. 

    Check out the article below for details.

    https://neworleanscitybusiness.com/blog/2023/10/03/infrastru...


     I care about 4 things to get my attention.

    How much needed, 

    Income per year,

    Secured how? 

    Your relationship with the deal. Do NOT tell me your " partner" has the contract, 


    Thank you 


     Check out this post and let me know if you're interested.

    https://www.biggerpockets.com/forums/517/topics/1146828-cash...

     It's terrible, why would you even think about that?  It LOSES each month? You are hoping in appreciates, NOT a wise way to invest.  "

    Massive Growth Opportunity in New Orleans" 

    Come on this is NOT FB, 

    Good luck 


     Where are you seeing losses?  It's cash-flowing $423 per month as-is, and one of the rents just got approved to increase on December 1st, 2023.


     Sorry 10000% my bad, I noticed the - next to the 423, but on bottom 423 positive. I hope it gets even better for you, 

    User Stats

    21
    Posts
    8
    Votes
    Jon Lester
    Pro Member
    • Real Estate Agent
    • New Orleans, LA
    8
    Votes |
    21
    Posts
    Jon Lester
    Pro Member
    • Real Estate Agent
    • New Orleans, LA
    Replied
    Quote from @Bob Stevens:
    Quote from @Jon Lester:
    Quote from @Bob Stevens:
    Quote from @Jon Lester:
    Quote from @Bob Stevens:
    Quote from @Jon Lester:

    Hey everybody,

    I wanted to share a really great opportunity in New Orleans for some savvy investors looking to get in on some semi-fast but massive equity opportunities.  This area of New Orleans has historically been a little rough, but lots of big investment money coming in quickly and revitalizing the entire area.  This could be a really great opportunity to buy low and sell high in only a few years. 

    Check out the article below for details.

    https://neworleanscitybusiness.com/blog/2023/10/03/infrastru...


     I care about 4 things to get my attention.

    How much needed, 

    Income per year,

    Secured how? 

    Your relationship with the deal. Do NOT tell me your " partner" has the contract, 


    Thank you 


     Check out this post and let me know if you're interested.

    https://www.biggerpockets.com/forums/517/topics/1146828-cash...

     It's terrible, why would you even think about that?  It LOSES each month? You are hoping in appreciates, NOT a wise way to invest.  "

    Massive Growth Opportunity in New Orleans" 

    Come on this is NOT FB, 

    Good luck 


     Where are you seeing losses?  It's cash-flowing $423 per month as-is, and one of the rents just got approved to increase on December 1st, 2023.


     Sorry 10000% my bad, I noticed the - next to the 423, but on bottom 423 positive. I hope it gets even better for you, 


     It's the approximation sign, but I definitely see how that could easily get overlooked as a minus sign.  No worries at all.  Thanks for the positive feedback!

  • Jon Lester