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Message
New Orleans investment opportunities
Posted on 8/31/21 at 12:34 pm
Posted on 8/31/21 at 12:34 pm
Investors who bought real estate in NoLA right after Katrina have done (for the most part) extremely well.
After this Ida debacle, do you think this presents another good opportunity to invest in New Orleans, as it always seems to bounce back?
Or is this time different?
After this Ida debacle, do you think this presents another good opportunity to invest in New Orleans, as it always seems to bounce back?
Or is this time different?
24
Posted on 8/31/21 at 12:35 pm to remax_joe
quote:
Or is this time different?
Are you serious?
Posted on 8/31/21 at 12:35 pm to remax_joe
quote:
remax_joe
quote:
Occupation: Real Estate
quote:
do you think this presents another good opportunity to invest in New Orleans, as it always seems to bounce back?
aren't YOU supposed to know this?
ETA: Realtors are scum
This post was edited on 8/31/21 at 12:36 pm
Posted on 8/31/21 at 12:37 pm to remax_joe
quote:
After this Ida debacle, do you think this presents another good opportunity to invest in New Orleans, as it always seems to bounce back?
Or is this time different?
quote:
remax_joe
So, mental note, never ever use Remax...
Posted on 8/31/21 at 12:38 pm to remax_joe
Damn, didn't realize how shitty Remax is. Awful people, pure filth, all of them that work for Remax are the worst in society, lower than rapist.
Posted on 8/31/21 at 12:39 pm to remax_joe
Power is not even back on and you're already scheming to frick people out of their homes.
frick you and I hope all your loved ones get cancer.
frick you and I hope all your loved ones get cancer.
Posted on 8/31/21 at 12:39 pm to remax_joe
You need to get into crypto real estate joe
Alternative real estate is the future
Alternative real estate is the future
Posted on 8/31/21 at 12:40 pm to remax_joe
Man I really hope someone beats the shite out of you for this post.
Posted on 8/31/21 at 12:40 pm to remax_joe
quote:
New Orleans investment opportunities by remax_joe
Investors who bought real estate in NoLA right after Katrina have done (for the most part) extremely well.
After this Ida debacle, do you think this presents another good opportunity to invest in New Orleans, as it always seems to bounce back?
Or is this time different?
Frick you you piece of shite
Posted on 8/31/21 at 12:40 pm to remax_joe
Read the room, Remax Joe!
Posted on 8/31/21 at 12:40 pm to remax_joe
Are you Joe Hollis or Joe Moore? frick both, for the record.
Posted on 8/31/21 at 12:46 pm to Slagathor
quote:
Are you Joe Hollis or Joe Moore? frick both, for the record.
Amazing how this seemed like a good enough of an idea to post here on an alt with a handle that gives a first name and way to identify your realtor listings. Especially since remax makes it so easy to search their agents at LINK
Posted on 8/31/21 at 12:49 pm to remax_joe
At least Century 21 Karen, is a blonde and with good quality OT 7 or higher pics we would allow the question.
Posted on 8/31/21 at 12:51 pm to ThePostman
Just as easily could be a competitor trying to make him look bad....and succeeding.
Posted on 8/31/21 at 12:54 pm to junkfunky
quote:a competitor wouldn't have signed off and run away
Just as easily could be a competitor trying to make him look bad
Posted on 8/31/21 at 12:55 pm to remax_joe
quote:
New Orleans investment opportunities
Your post may be better rec'd on the money board...
Posted on 8/31/21 at 12:56 pm to Slagathor
I don’t even get the question. There aren’t that many houses that are that messed up.
What’s the opportunity?
What’s the opportunity?
Posted on 8/31/21 at 12:56 pm to Pettifogger
quote:
You need to get into crypto real estate joe Alternative real estate is the future
There actually is such a thing as cyber real estate, that exists in these virtual communities that seem to be popular. I was talking to a guy a while back who claims to make money with it.
Posted on 8/31/21 at 1:01 pm to remax_joe
I think it depends upon what part of the city you "invested" in.
If you bought in Metairie, you've done alright. I don't know if it's any better than had Katrina not destroyed the city.
If you bought in Kenner, you've probably done a lot worse.
If you bought on the Northshore, you haven't done that great. After the storm, the Northshore was inundated with Metairie and St. Bernard people who just never wanted to go through that again. That drove up the prices considerably. After a couple years, the prices tapered off and you really haven't seen that much of an increase since.
If you bought in Lakeview, you've probably done just a little better -- much like Metairie.
If you bought in Gentilly area, you probably did a little worse.
If you bought in N.O. East, you've probably done A LOT worse.
The two areas that probably scored the biggest increases are the gentrified areas (Treme, Bywater, and MidCity) and many parts of the Uptown and the Garden District.
The Bywater area probably did the absolute BEST. Before Katrina, that area was a complete f*cking sh!tholes. Houses that cost $75k before the storm have been fixed up and are going for $500-800k. It's mostly all the new gentrifiers and hippy-wannabees from out-of-town that moved in right after Katrina.
Ida didn't destroy the city. For the most part, Ida just produced roof damages and smaller repair type damages. You're not going to see a bunch of out-of-town gentrifiers moving in and trying to take over. They'll be a quick clean-up in a 2-4 week period and things will return to normal. Katrina took about a year -- some would say that it's taken 16 years and counting.
If you bought in Metairie, you've done alright. I don't know if it's any better than had Katrina not destroyed the city.
If you bought in Kenner, you've probably done a lot worse.
If you bought on the Northshore, you haven't done that great. After the storm, the Northshore was inundated with Metairie and St. Bernard people who just never wanted to go through that again. That drove up the prices considerably. After a couple years, the prices tapered off and you really haven't seen that much of an increase since.
If you bought in Lakeview, you've probably done just a little better -- much like Metairie.
If you bought in Gentilly area, you probably did a little worse.
If you bought in N.O. East, you've probably done A LOT worse.
The two areas that probably scored the biggest increases are the gentrified areas (Treme, Bywater, and MidCity) and many parts of the Uptown and the Garden District.
The Bywater area probably did the absolute BEST. Before Katrina, that area was a complete f*cking sh!tholes. Houses that cost $75k before the storm have been fixed up and are going for $500-800k. It's mostly all the new gentrifiers and hippy-wannabees from out-of-town that moved in right after Katrina.
quote:
After this Ida debacle, do you think this presents another good opportunity to invest in New Orleans, as it always seems to bounce back?
Ida didn't destroy the city. For the most part, Ida just produced roof damages and smaller repair type damages. You're not going to see a bunch of out-of-town gentrifiers moving in and trying to take over. They'll be a quick clean-up in a 2-4 week period and things will return to normal. Katrina took about a year -- some would say that it's taken 16 years and counting.
This post was edited on 8/31/21 at 1:42 pm
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