How To Discover Local New Orleans Investment Properties: The Biggest Tricks Never Discussed

How To Discover Local New Orleans Investment Properties: The Biggest Tricks Never Discussed

 

How To Discover Local New Orleans Investment Properties: The Biggest Tricks Never Discussed-no more headaches hassles we sell cheap houses

 

Lots of investors are looking to get started, and as active real estate experts in New Orleans , we get asked to share our secrets quite a bit.

 

Our parents always told us to be blessings to other- so we try to help any chance we get…

 

One of the most popular questions we get from local investors is “How to find decent investment propert in New Orleans ?”

 

With the flood of foreclosure deals all but dried up (compared to where they were a few years back)… people are having to get more creative in finding the best deals on great local New Orleans investment properties.

 

At Glymph Properties we recognized early on that there is no one right way to find local New Orleans investment properties. We find our deals on online & offline, our website www.gpsellshomes.com/investment-properties- New Orleans , classified posting sites, traditional letters/postcards, and from “bird dogs” (acquisition agents).

 

Below we’ll share some things you can do to find local New Orleans high ROI investment properties to add to your portfolio.

 

Most investors are afraid of competition – they think that if they share their secrets, someone will steal their ideas from them.

That’s not how we work. We work with other investors to accomplish things together that we can’t do alone.

 

We share our learning and our philosophies here because we want to improve the quality of investment in New Orleans to build stronger communities. Ultimately, we’re all investing in the same places, so it makes sense to do it right.

 

There’s a few core principles that are important to understand if you want to get the best investment property deals.

 

First, think long term.

Real estate doesn’t move like the stock market. It’s where people live, work and play – not just numbers on a screen. It’s almost impossible to make a huge amount of cash in a short-term real estate deal, those come few and far between.

 

So don’t expect to get away with fancy tricks, or that you’re smarter than the people who have been doing this stuff for years. Thinking long-term means learning from the past to better anticipate the future.

 

Also, realize that real estate investing is a marathon not a sprint. Being successful as a real estate investor means being steadfast, stubborn, and patient. Don’t be in a hurry to conquer the investing world- It’s going to take time, but if you stick with it you can be more successful than you can imagine.

 

That’s why it’s a great idea to find several sources of properties that fit your criteria (like our New Orleans Investment Property Buyers List >> ) so you have a heavier flow of great deals to look at.

 

Second, focus on relationships.

The investment community in New Orleans is much smaller than most people think.

 

There are only a handful of brokers and investors who conduct most of the business in the market.

 

They’re used to working with the same people on a regular basis. It’s worth the time and effort to find them and learn from them. If you can, work with them. They’re your best source of good deals, now and in the future.

 

How do you get to know them? Go to your local REIA ( Real Estate Investing Association) and find the people who are active and talk to them. Ask the most active folks there which good ( by good I mean actually have deals priced at wholesale vs retail- there’s a huge difference)wholesalers in the area are active- get their info- and make sure to find out which realtors, and title companies they work with. As a matter of fact- let anyone you meet at the REIA know that you are looking to buy New Orleans investment properties that fit your parameters- you never know who your next deal is going to come from. Learning how to find good investment property in New Orleans isn’t a hard thing… but relationships can be a key element in getting some of the best deals on properties that no one else has access to in the New Orleans market.

 

Who should you get to know( Hopefully all the random symbols will really make you pay attention ;-))?

 

*** The most well known investor friendly New Orleans real estate brokers***

***A couple real estate appraisers who deal w/ the types of properties you deal with***

***The top handful of property wholesalers in the area***

***The top handful of property rehabbers / flippers in the area***

***Title agents that deal with investment properties a lot***

 

Third, identify your target investment residences.

To be a successful New Orleans investor, just like in everything else, you have to be focused. You have to find your niche- focus on what will make you money. Some people make millions just in parking garages or storage units.

 

Others specialize in residential apartments, while others deal strictly with retail. If you take the time to do your homework, you can analyze the different segments of the New Orleans market to see which opportunities are truly the best for you – and not just the best marketed. Once you find exactly what you want to own, you can create a plan to find out who owns it and make sure that they know to call you when they want to sell that property.

 

Although it takes lots of work- it’s the most dependable way to create long-term, generational wealth.

 

Finally – use technology.

for our list of exclusive properties, and we’ll notify you instantly when we find a great investment. We frequently source properties for deep discounts, secure them and then sell them for a discounted rate to the people on our list who are ready, willing and able to invest. There’s other ways to get notified about properties on the open market – you should get familiar with searching the multiple listing service with the rest of the herd, because every once in a blue moon a great deal shows up.

 

We don’t even look at anything remotely average – we only pass along great deals to our partner investors. We’re not real estate brokers, and our business is a niche within New Orleans .

 

If you’re looking to seriously invest in New Orleans , we’d love to chat with you to learn your wants, wishes, and objectives.

 

So hopefully you now know how to find great investment properties in New Orleans . If you have questions give us a call or join our buyers list below!

 

Give us a call at 888-509-6267 Ext 3 or fill out the form to get started now.

 

Sell Your New Orleans House Fast – We Buy Houses…Get A Cash Offer Today

 

We’re happy to help you find answers to your toughest questions about New Orleans , Louisiana real estate, so please feel free to call us at 888-509-6267 Ext 3 and chat with us anytime.

 

Are you looking to find other properties to invest in… visit our investor website or give us a call anytime at 888-509-6267 Ext 3 for Great High ROI properties
www.gpsellshomes.com/investment-properties- New Orleans

Check out our investment blog!

Not only do we have properties internationally but we also have properties within 50 miles of the following zip codes Louisiana : 70112, 70113, 70114, 70115, 70116, 70117, 70118, 70119, 70122, 70124, 70125, 70126, 70127, 70128, 70129, 70130, 70131.

 

***********************************************************************************************************************
www.gpbuyshomes.com/blog

Fill out this form or give us a call anytime at 888-509-6267 Ext 4 for a Fair Cash Offer
www.gpbuyshomes.com/sell-my-house-fast-new-orleans See how it works

Check out our blog!
www.gpbuyshomes.com/blog

***********************************************************************************************************************

Are you looking for rent to own properties… visit our rent-to-own website or give us a call anytime at 888-509-6267 Ext 5 for a Fair Cash Offer
www.gprent2own.com/rent-to-own- New Orleans

Check out our rent-to-own blog!
www.gprent2own.com/blog

Get More Real Estate Market Info... Subscribe Below!

Learn more about us and find other resources on buying investment properties with us. Like us, follow us, connect!

, , , , , , , , , , , , , , , , ,

No comments yet.

Leave a Reply