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re: Where/How do you find the best deals on rental properties in Baton Rouge?

Posted on 3/17/16 at 10:02 am to
Posted by tenortoga
Member since Dec 2007
480 posts
Posted on 3/17/16 at 10:02 am to
quote:

We paid cash for the property. We bought it for our son to live in while he was at LSU. He had a roommate who paid rent. It was never geared to be an investment property for us. When they moved out they had friends who wanted to move in. And it's been rented out by referrals since Jan 2010. It's been a low maintenance property for us. Every tenant has paid on time and I don't recall ever retaining a security deposit. We would like the funds for a project at our new home. There are advantages to owning this property when it comes to tax time. I'm sure my husband could tell you what we actually "make" on this property. I don't really know or care.

I'm actually looking to buy a LSU condo to do this exact thing right now. Mine will be college age in 3 years. Looking to buy now, keep a renter there and in 3 years, if my child goes to LSU, move them in with a roommate paying rent. After that, I have enough nieces and nephews spaced out that if 1/2 of them go to LSU I have a built in tenant base for the next 20 years. How can I contact you about your unit?
Posted by ProudLSUMom
Baton Rouge
Member since Sep 2007
3302 posts
Posted on 3/17/16 at 5:42 pm to
quote:

I'm actually looking to buy a LSU condo to do this exact thing right now. Mine will be college age in 3 years. Looking to buy now, keep a renter there and in 3 years, if my child goes to LSU, move them in with a roommate paying rent. After that, I have enough nieces and nephews spaced out that if 1/2 of them go to LSU I have a built in tenant base for the next 20 years. How can I contact you about your unit?


This post was edited on 3/18/16 at 4:13 pm
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