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All Forum Posts by: Korey Ashton

Korey Ashton has started 2 posts and replied 4 times.

Great job!  You got paid to go to night school and learn about renovating homes!  Thank you for sharing your inspirational success story.

Post: Insurance and Contractor advice in Slidell, LA

Korey AshtonPosted
  • Bay Saint Louis, MS
  • Posts 4
  • Votes 1

Hey all, I'm getting close to pulling the trigger on my first property, and I was just wondering if anyone has advice on good contractors and insurance companies in Slidell, Louisiana? 

Thanks!

Post: Investing Now in Hurricane Devistated areas

Korey AshtonPosted
  • Bay Saint Louis, MS
  • Posts 4
  • Votes 1

I'm currently looking at investing in the Slidell area.  One of the specific things I'm paying attention to is the flood zone.  I pull up the current flood map from the parish website and check it against what the owner is claiming.  I have no plans to purchase a "buy and hold" in an active flood zone. 

I think that with the potential of storm/flood intensity increasing over the next several years/decades, it's a safer play to stay out of active flood zones for anything other than quick flips or wholesale properties.

This is just my opinion, but it's one that I've heard repeated back to me quite a bit, so I'd say to be cautions with your estimated ARV and check current comps sold after the flood occurrence.

Post: New Member in New Orleans Area!

Korey AshtonPosted
  • Bay Saint Louis, MS
  • Posts 4
  • Votes 1

Hey everyone, I moved to the New Orleans area about a year ago for a pretty good job that has given me some disposable income.  I thought it would better serve me to invest it in real estate rather than let it sit in a bank.  I've been doing research and reading and watching video after video for months and I'm ready to start investing. 

I would like to house-hack my first property, so that I can get some hands on experience with property management and DIY repairs and cosmetic upgrades.  I want to move toward owning multiple properties to the point where I make more money from my investments than I do from my job.  I want the freedom to leave the daily grind and focus on my entrepreneurial endeavors.

If there's anyone in this huge community that has any advice for a first-time buyer with big-time goals, please don't hesitate to give it!

Thanks in advance,

-Korey Ashton