New Orleans (LA) commercial apartment / condominium building for lease, New Orleans (LA) commercial real estate for lease or rent

A New Orleans apartment or condominium building for lease may be available from an owner in New Orleans (LA) who doesn't want to sell because of tax reasons, and doesn't want the continued responsibility of day to day running the operation. Understand the motivation of the New Orleans (LA) owner and make sure the numbers work.

New Orleans rental properties make a great investment income, but having to pay large down payments for New Orleans (LA) property can eat up capital you may need for future repairs or New Orleans (LA) property improvements and developments, by utilizing a master lease option you can save the up-front costs, build equity into your New Orleans (LA) property and finance via bank loans at a later date. Have a good lawyer write up your real estate contract to protect your future plans, and research the New Orleans (LA) property for any bank holding or liens.