investment property for sale: Buying Investment Property - 03/25/19 10:57 AM
 
Frank Rubi Real Estate, LLC.
 
Great Louisiana Homes and Gulf Coast Condos
 
Greater New Orleans | Baton Rouge | Gulf Coast Alabama 
 
Investment Property
 
When a beginning investor wants to move forward, they should always start with understanding pre-approval and amount of monies needed to close an investment property. 
 
Generally, it will take 25% down payment for investment property. Besides the down payment, the buyer will need enough the cost of inspections and appraisal fees. 
 
Often overlooked point is to determine if the current leases are recorded. 
 
Feel free to call me if you need a better understanding of the financial implications of purchasing a property.
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investment property for sale: Buying Investment Property in Metairie | Kenner | Rental Property - 07/30/15 04:54 AM
Frank Rubi Real Estate, LLC
 Great Louisiana Homes
 
Greater New Orleans | Baton Rouge 
  Metairie | Kenner
Buying Investment Property
Documents for Lease Property 
 
When purchasing Leased Investment property in Jefferson Parish certain documents should be ask for during negotiations. 
 
 
Working with a Real Estate broker look for an experience agent in Investment Properties. In addition, to documents inspections and verifying rents, it is important to check in Jefferson Parish if the Lease is recorded and the contract terms. If the Lease is recorded then it may be difficult to change terms such as rent increases for the new owner.The inspection of terms should not be included in the inspection period … (1 comments)

investment property for sale: Buying Investment Property | Investment Property for Sale | Kenner, La - 03/22/15 05:33 AM

In the City of Kenner LA there are many types of investment property. You can invest in commercial, double and 4-PLexs as well as single family homes. The prices range various. Multi Family properties price point per square foot are in the range of $55 to $85 dollars. A two bedroom apartment unit in Kenner as of today rents for about $800 per month. A three bedroom unit can range from $900 to $1250 per month. The unit price can vary due to location and condition.
 
The City of Kenner as a whole is a small community with entertainment, shopping, schools and eating to match anyone's … (1 comments)

investment property for sale: Investment Property In Kenner / Metairie LA. - 10/23/09 05:17 AM
Investment Property in Kenner LA
In the City of Kenner LA there are all sorts of investment property. You can invest in commercial as well as single family homes. The prices range is a wide as the properties are. Multifamily properties for sale can be found in the $55 to $85 dollars a square foot. A two bedroom apartment unit in Kenner as of today rents for about $800 per month. A three bedroom unit can range from $850 to $1250 per month. These units price can vary due to location and condition.
The City of Kenner as a whole is … (2 comments)

investment property for sale: Investment Property - Income Property - 10/03/08 04:53 AM
 
Income Propertyby Frank Rubi7824 Real Estate of Louisiana 
 
There is good news and bad news as the old saying goes. The good news is that income property does bring in good money. The bad side is dealing with the tenants. Now I will not give you my thoughts on the lending practices of today. I feel they will change shortly.
Most problems that investors encounter can be eliminated before they become problems. The most important and common sense is in the screening process. Do your work up front and you will save yourself a lot of time and … (1 comments)

investment property for sale: Real Estate Investors Tips to increase your Profit ~ SMART OR WISE - 08/08/08 03:44 AM
Big Easy Real Estate Notesby Frank Rubiwww.7824.com
  
Smart or Wise
Real Estate investor and / or landlord must be knowledgeable to survive in the business. I truly love being in this aspect of the business, the landlord. I am a people person and interested in learning as much as possible about land lording and dealing with people. Even after 20 years, I am also interested in building a better mouse trap, apartment.
I have over the years heard how hard and that such and such could not do it; that is making it in rental property.  Another excuse reason, the … (0 comments)

investment property for sale: 4 Reasons Investors Sell their Property - 07/27/08 11:47 PM
Big Easy Real Estate Tipsby Frank Rubiwww.7824.comInvestment Property Sellers
4 Reasons Why Investors Sell their Property
TIP: For buyers it is always helpful to know why a seller is selling. By having this information it could help you with negotiating the purchase. The more motivated the seller is the increase possibility of the flexible terms.
In my years of purchasing and negotiating investment property, I have noticed the following reasons that have presented:
•1.     Proceeds from one sale are needed to purchase another property.
•2.     The seller is just tried and wants outs (Burn Out).
•3.     Life changing event. In my … (4 comments)

investment property for sale: 6 Tips for Evaluating Investment Property Rent Rolls - 07/24/08 02:17 AM
Big Easy Real estate Notesby Frank Rubiwww.7824.com Six Step to Evaluating Rent Rolls
In order to begin to look at investment property value, one should look at the rent rolls. The rent rolls should include at least the following information:
•1.     Address of Units
•2.     Type of Units: if they are 3 bedroom and 2 baths.
•3.     Schedule of Rents: actual rent collect for the last 6 months.
•4.     Other income: laundry room
•5.     Lease or Rent terms: If tenant is new or about to move out.
•6.     Deposit on Hand
At the act of sale this information plus all files, deposits … (5 comments)

investment property for sale: Rental Property and Fireplaces - 07/03/08 09:23 AM
Fireplaces
Here on the south shore of New Orleans many homes do have a fireplace. While viewing homes for sale in Metairie and Kenner LA to today my client ask a few questions on Fireplaces. My question is how often will you  use it. When purchasing a property with a fireplace there are some thoughts the buyer need to consider. The main issue I have is how tall is the chimney. My answer is always as tall as possible. The reason tall is best is due to the smoke going back into the house. The next issue is the damper. The … (3 comments)

 
Frank Rubi, FrankRubiRealEstate.com (Frank Rubi Real Estate, LLC)

Frank Rubi

FrankRubiRealEstate.com

Metairie, LA

More about me…

Frank Rubi Real Estate, LLC

Address: 3500 N Causeway Blvd, Ste 160, Metairie, LA., 70002

Office: 504.603.0446

Mobile: 504.319.9696

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Frank Rubi Real Estate. Helping You Put the Real Estate Puzzle together - assisting families Purchase and Sell Real Estate in The Greater New Orleans Area.

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