Who is the slumlord in BR? | TigerDroppings.com

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burgeman
Southeastern LA Fan
Member since Jun 2008
5102 posts
 Online 

Who is the slumlord in BR?


Who owns all those run down apts near Bel Aire HS, the 3rd world country of Brandywine and all those run down apts in mall city?

Is section 8 that good to just have over half your units boarded up?







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uglycasanova7
LSU Fan
Member since Feb 2011
1234 posts

re: Who is the slumlord in BR?


My first guess is Kip. But that's based on absolutely nothing.





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ehidal1
New Orleans Saints Fan
Chief Boot Knocka
Member since Dec 2007
15128 posts
 Online 

re: Who is the slumlord in BR?


Don't forget the Blvd de province, apts on GRSI, and all those shitboxes on N Sherwood





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Athanatos
Vanderbilt Fan
Baton Rouge
Member since Sep 2010
6267 posts
 Online 

re: Who is the slumlord in BR?


The money is in slum lording it .





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Martini
LSU Fan
Baton Rouge
Member since Mar 2005
26427 posts

re: Who is the slumlord in BR?


They were all built late 70's early 80's there and GSRI and owned mostly by BR doctors as a tax shelter when tax rates were around 70% and they were allowed. When that tax law was changed they were immediately dumped and the value plummeted and they turned into ghettos. No surprise. You can buy a 4 plex for around $100 k or less if you want to do that. No one big slumlord. A bunch of smaller ones.

And Kip Holden is not one of them.






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liuyaming
LSU Fan
Baton Rouge, LA
Member since May 2008
2968 posts

re: Who is the slumlord in BR?


Doesn't the Padial family own most of th one in the gardere Burbank area?





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Golfer
LSU Fan
Coral Bay, St. John, USVI
Member since Nov 2005
53515 posts

re: Who is the slumlord in BR?


Brandywine is owned by some doctor from Lake Charles





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Paul Allen
USA Fan
Baton Rouge, LA
Member since Nov 2007
26712 posts
 Online 

re: Who is the slumlord in BR?


N. Marque Ann near Belaire HS is the most dangerous street in Baton Rouge.





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LT
Southeastern LA Fan
The City of St. George
Member since May 2008
2180 posts

re: Who is the slumlord in BR?


I own a unit in Brandywine. My Nana bought it brand new back in the 70's. The place was nice back then. The major downfall was the inclusion of utilities with the condo fees. And piss poor management by the HOA. I remember as a child her neighbors with the windows open and the AC running full blast.

When Nana passed, God rest her soul, we had three renters go through there since 1986. The last one being section 8. The family has always been great. They keep the unit up and always pay their portion of the rent on time.

It hasn't been a place in which I would live in many years but it turned to shite when a Doctor from Lake Chuck and some Jive Turkey from Virginia purchased a large block of units. The idiot from Virginia tried to manage the place from a far and didn't pay her condo fees while renting to our less classy friends leaving NOLA from Katrina.

Everything came to a head a year or two back when the non-payment of Condo fees resulted in $100,000.00 balance to Entergy. They threatened to cut the power (only one meter going into the entire complex) for non-payment.

At the meeting the idiot Condo association President actually sympathized with the piece o shite slum lord from Virginia who owed about $45,000.00 in Condo fees.

Since then a number of the Slum lords have let their properties go back to the bank and the remaining owners have banded with a resident who handle the electricity and utility payments on their own.

We own a unit in there and are making the best of it. The family that rents our condo are decent people. An older couple who want a roof over their head. It is a shame what they have to put up with but, they have a 1500 Sq foot 3 bedroom condo for an extremely reasonable rent. And up until we paid the unit off a few years back we only lost about $12.00 a month after the rent and the section 8 payment.

I know, TLDR something about AIDS...







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SaDaTayMoses
LSU Fan
Da Platte
Member since Oct 2005
2334 posts
 Online 

re: Who is the slumlord in BR?


Padial (sp) owns some of the soon to be real shite hole Sharlo


This post was edited on 2/2 at 9:11 am


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LT
Southeastern LA Fan
The City of St. George
Member since May 2008
2180 posts

re: Who is the slumlord in BR?


quote:

You can buy a 4 plex for around $100 k or less if you want to do that.


3 bedroom Brandywine units were going for around $10K last time I checked.






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Mike da Tigah
St. Denham Rougeville
Member since Feb 2005
39900 posts

re: Who is the slumlord in BR?


Both Carlos and his wife run a pretty clean operation. They are not the problems. It's with the individually owned shite boxes who the owners will rent to any warm body without criminal background checks. They are what drives these areas into the shitter.







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shutterspeed
Southern Miss Fan
Da Sipp
Member since May 2007
32519 posts

re: Who is the slumlord in BR?


quote:

Who owns all those run down apts near Bel Aire HS, the 3rd world country of Brandywine and all those run down apts in mall city?


Paco. Paco owns them all.






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TigahRag
Texas A&M Fan
Sorting Out OT BS Since 2005
Member since May 2005
128519 posts

re: Who is the slumlord in BR?


Carlos and his brother Martin are really good people .. as stated, they aren't the problem in that area, it is the smaller ones that own one or two of them and do nothing but collect rent and could give two shits what crap bags they rent to ... my business group dabbled in low income housing for about five years and just got out of it recently .. we kept our places up and had really good people for tenants .. but it is the little shitty owners around your places that just make it not worth it for the most part ..





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Venelar
LSU Fan
The AP
Member since Oct 2010
268 posts

re: Who is the slumlord in BR?


We do a lot of work for Padial. They're good people.





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nola tiger lsu
SMU Fan
Member since Nov 2007
2579 posts

re: Who is the slumlord in BR?


quote:

They were all built late 70's early 80's there and GSRI and owned mostly by BR doctors as a tax shelter when tax rates were around 70% and they were allowed. When that tax law was changed they were immediately dumped and the value plummeted and they turned into ghettos. No surprise. You can buy a 4 plex for around $100 k or less if you want to do that. No one big slumlord. A bunch of smaller ones. And Kip Holden is not one of them.


What I got out of this is that tax rates need to go back up.






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LSURoss
USA Fan
Shreveport, LA
Member since Dec 2007
10501 posts

re: Who is the slumlord in BR?


Baton Rouge Sucks.





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skinny domino
LSU Fan
sebr
Member since Feb 2007
5709 posts

re: Who is the slumlord in BR?


quote:

the 3rd world country of Brandywine and all those run down apts in mall city?
a Doctor out of Lake Charles. Don't know his name.






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brewhan davey
USA Fan
Audubon Place
Member since Sep 2010
25214 posts

re: Who is the slumlord in BR?


quote:

Kip Holden


Errrrveryday is Errrth Day






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kballa6
LSU Fan
Houston
Member since Mar 2009
2562 posts

re: Who is the slumlord in BR?


I refuse to give any information to the fuzz.





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