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Results 1 to 3 of 3
  1. #1
    BanditDJB is offline Renter
    Join Date
    Aug 2007
    Location
    New Orleans, LA
    Posts
    6

    Smile I need to invest?

    I would like to get into being a landlord. To do that I need houses. I live in New Orleans and everywhere I look there are abandoned houses that can be fixed up. That hurricane was two years ago and people are coming back to this area, not to buy but to rent and the rent out here has gone up alot since the hurricane, so I think now is a good time to make a move. I work in a night club as a DJ and I need a carrer change and I make enough money to invest in property. Now, I would like to know what is the cheapest way to get some of these houses that are in good areas. Do I look for forclosures or tax liens or what? What kind of research would yield good info on this?
    A Quitter Never Wins and A Winner Never Quits

  2. #2
    rama1 is offline Fixer Upper
    Join Date
    Jun 2007
    Location
    Miami
    Posts
    87

    Default

    Tax liens usually tricky business if you are not knowledgeable enough in this area. Foreclosures -- don't do it alone. Work with the specialist in this field. Find a goos inspector, which, usually, working closely with a Realtor. That is my advise to you.

  3. #3
    jaschoenly is offline Fixer Upper
    Join Date
    Aug 2007
    Location
    Central PA
    Posts
    48

    Default

    TO find really attractive deals I would recommend doing some low cost marketing, Ads on Craigslist and direct mail letters are great ways to get started. Also if you are looking for turn key rentals that are managed professionally outside the area that you live let me know.

    Best Wishes,

    Josh Schoenly

    Last edited by Chief Tutor; 08-22-2007 at 09:56 PM.
    Josh A. Schoenly
    Real Estate Agent, Investor & Coach
    www.CraigslistMarketingMatrix.com - Craigslist Marketing "Cheat Sheet" - 6 steps to generating 100's of leads for FREE on Craigslist.
    717-620-3416
    jaschoenly@comcast.net

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