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How to invest in real estate in New Orleans
Number 1: Choose a property in decent condition but not newly updated so your price is low enough and you can easily update to increase the value.
Number 2: Clean it up and freshen it up with $5000 of work. DIY as much of it as you can.
Number 3: Use a mixture of rental strategies to yield the highest ROI (return on investment)
There are a couple of other factors to balance out, such as insurance in that zip code, wind mitigation, age adjustments, direction of value, etc to consider.
But that’s where I come in to assess every property before you make an offer.
I advise my clients on the cost-profit analysis so you can make an informed and more secure investment. — 504–535–4353.
Want to learn how to use the layered rental strategy? — Click HERE or below to schedule your consultation and check out 2 of the Best investment properties for sale right now in New Orleans.
