Model

Louisiana Real Estate Models

Check out how Louisiana does for these scenarios.

5% Higher Rents While Nomading™

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are able to get 5% higher rents.

Net Worth at 40 Years

Baton Rouge = $6.04M
Lafayette = $8.16M
Metairie = $9.06M
New Orleans = $20.98M
Shreveport = $16.36M

Month First Achieved Financial Independence

Baton Rouge = 39.83 Years (478 Months)
Lafayette = 33.00 Years (396 Months)
Metairie = 42.00 Years (504 Months)
New Orleans = 15.00 Years (180 Months)
Shreveport = 10.42 Years (125 Months)

5% Lower Rents While Nomading™

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are only able to get 5% lower rents.

Net Worth at 40 Years

Baton Rouge = $4.89M
Lafayette = $6.25M
Metairie = $6.21M
New Orleans = $14.49M
Shreveport = $13.94M

Month First Achieved Financial Independence

Baton Rouge = 44.25 Years (531 Months)
Lafayette = 38.83 Years (466 Months)
Metairie = 50.00 Years (600 Months)
New Orleans = 24.00 Years (288 Months)
Shreveport = 13.00 Years (156 Months)

10% Property Price Premium While Nomading™

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except forced to buy properties at a 10% premium.

Net Worth at 40 Years

Baton Rouge = $4.53M
Lafayette = $5.53M
Metairie = $5.40M
New Orleans = $10.60M
Shreveport = $14.32M

Month First Achieved Financial Independence

Baton Rouge = 44.00 Years (528 Months)
Lafayette = 39.67 Years (476 Months)
Metairie = 52.00 Years (624 Months)
New Orleans = 29.00 Years (348 Months)
Shreveport = 13.00 Years (156 Months)

.5 Worse Interest Rate While Nomading™

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .5 worse/higher mortgage interest rate.

Net Worth at 40 Years

Baton Rouge = $4.53M
Lafayette = $5.53M
Metairie = $5.40M
New Orleans = $10.60M
Shreveport = $14.32M

Month First Achieved Financial Independence

Baton Rouge = 44.00 Years (528 Months)
Lafayette = 39.67 Years (476 Months)
Metairie = 52.00 Years (624 Months)
New Orleans = 29.00 Years (348 Months)
Shreveport = 13.00 Years (156 Months)

Nomad to Short-Term Rentals with 75% Higher Rents

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 75% higher rents but with doubled maintenance expenses as well.

Net Worth at 40 Years

Baton Rouge = $21.78M
Lafayette = $23.17M
Metairie = $29.05M
New Orleans = $48.14M
Shreveport = $33.70M

Month First Achieved Financial Independence

Baton Rouge = 12.00 Years (144 Months)
Lafayette = 10.25 Years (123 Months)
Metairie = 13.00 Years (156 Months)
New Orleans = 6.92 Years (83 Months)
Shreveport = 6.00 Years (72 Months)

10% Property Price Discount While Nomading™

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties at a 10% discount.

Net Worth at 40 Years

Baton Rouge = $6.96M
Lafayette = $9.89M
Metairie = $11.14M
New Orleans = $21.16M
Shreveport = $15.90M

Month First Achieved Financial Independence

Baton Rouge = 37.00 Years (444 Months)
Lafayette = 31.00 Years (372 Months)
Metairie = 38.00 Years (456 Months)
New Orleans = 13.58 Years (163 Months)
Shreveport = 10.00 Years (120 Months)

5% Property Price Premium While Nomading™

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except forced to buy properties at a 5% premium.

Net Worth at 40 Years

Baton Rouge = $4.89M
Lafayette = $6.00M
Metairie = $6.27M
New Orleans = $14.64M
Shreveport = $14.61M

Month First Achieved Financial Independence

Baton Rouge = 43.08 Years (517 Months)
Lafayette = 38.17 Years (458 Months)
Metairie = 48.50 Years (582 Months)
New Orleans = 23.67 Years (284 Months)
Shreveport = 12.00 Years (144 Months)

Nomad to Short-Term Rentals with 50% Higher Rents

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 50% higher rents but with doubled maintenance expenses as well.

Net Worth at 40 Years

Baton Rouge = $16.08M
Lafayette = $17.42M
Metairie = $21.54M
New Orleans = $36.26M
Shreveport = $26.09M

Month First Achieved Financial Independence

Baton Rouge = 19.00 Years (228 Months)
Lafayette = 15.00 Years (180 Months)
Metairie = 20.00 Years (240 Months)
New Orleans = 8.83 Years (106 Months)
Shreveport = 7.25 Years (87 Months)

Nomad to Short-Term Rentals with 25% Higher Rents

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 25% higher rents but with doubled maintenance expenses as well.

Net Worth at 40 Years

Baton Rouge = $8.80M
Lafayette = $11.91M
Metairie = $13.76M
New Orleans = $24.98M
Shreveport = $19.00M

Month First Achieved Financial Independence

Baton Rouge = 34.58 Years (415 Months)
Lafayette = 25.00 Years (300 Months)
Metairie = 33.50 Years (402 Months)
New Orleans = 12.00 Years (144 Months)
Shreveport = 9.58 Years (115 Months)

10% Higher Rents While Nomading™

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are able to get 10% higher rents.

Net Worth at 40 Years

Baton Rouge = $6.48M
Lafayette = $9.43M
Metairie = $10.59M
New Orleans = $23.54M
Shreveport = $17.97M

Month First Achieved Financial Independence

Baton Rouge = 37.00 Years (444 Months)
Lafayette = 31.00 Years (372 Months)
Metairie = 38.00 Years (456 Months)
New Orleans = 12.67 Years (152 Months)
Shreveport = 9.75 Years (117 Months)

10% Property Manager While Nomading™

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except hire a professional property manager costing 10% of gross rents.

Net Worth at 40 Years

Baton Rouge = $4.97M
Lafayette = $6.06M
Metairie = $5.91M
New Orleans = $13.06M
Shreveport = $13.10M

Month First Achieved Financial Independence

Baton Rouge = 44.58 Years (535 Months)
Lafayette = 42.50 Years (510 Months)
Metairie = 53.17 Years (638 Months)
New Orleans = 27.08 Years (325 Months)
Shreveport = 15.00 Years (180 Months)

10% Less Job Income While Nomading™

Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy but model it with the investor earning 10% less income than in the Baseline Nomad™ Scenario.

Net Worth at 40 Years

Baton Rouge = $3.56M
Lafayette = $5.13M
Metairie = $3.62M
New Orleans = $11.38M
Shreveport = $14.01M

Month First Achieved Financial Independence

Baton Rouge = 50.00 Years (600 Months)
Lafayette = 41.58 Years (499 Months)
Metairie = 56.25 Years (675 Months)
New Orleans = 24.67 Years (296 Months)
Shreveport = 12.83 Years (154 Months)

.25 Better Interest Rate While Nomading™

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .25 better/lower mortgage interest rate.

Net Worth at 40 Years

Baton Rouge = $5.71M
Lafayette = $7.57M
Metairie = $8.20M
New Orleans = $18.53M
Shreveport = $15.22M

Month First Achieved Financial Independence

Baton Rouge = 40.58 Years (487 Months)
Lafayette = 34.92 Years (419 Months)
Metairie = 43.92 Years (527 Months)
New Orleans = 17.25 Years (207 Months)
Shreveport = 11.00 Years (132 Months)

Nomad™ Start with $0

Do the traditional Nomad™ strategy except you start with $0 saved up.

Net Worth at 40 Years

Baton Rouge = $5.12M
Lafayette = $6.63M
Metairie = $6.82M
New Orleans = $16.26M
Shreveport = $14.22M

Month First Achieved Financial Independence

Baton Rouge = 43.42 Years (521 Months)
Lafayette = 36.08 Years (433 Months)
Metairie = 47.00 Years (564 Months)
New Orleans = 20.33 Years (244 Months)
Shreveport = 12.00 Years (144 Months)

25% Down Payment Non-Owner-Occupant

Buy 1 owner-occupant property with 5% down then up to 9 non-owner-occupant properties with 25% down payments.

Net Worth at 40 Years

Baton Rouge = $6.87M
Lafayette = $7.94M
Metairie = $8.46M
New Orleans = $16.36M
Shreveport = $14.16M

Month First Achieved Financial Independence

Baton Rouge = 40.00 Years (480 Months)
Lafayette = 32.08 Years (385 Months)
Metairie = 42.92 Years (515 Months)
New Orleans = 19.00 Years (228 Months)
Shreveport = 10.00 Years (120 Months)

10% More Job Income While Nomading™

Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy but model it with the investor earning 10% more income than in the Baseline Nomad™ Scenario.

Net Worth at 40 Years

Baton Rouge = $7.24M
Lafayette = $9.25M
Metairie = $10.89M
New Orleans = $20.89M
Shreveport = $16.50M

Month First Achieved Financial Independence

Baton Rouge = 39.00 Years (468 Months)
Lafayette = 34.75 Years (417 Months)
Metairie = 41.25 Years (495 Months)
New Orleans = 17.00 Years (204 Months)
Shreveport = 12.92 Years (155 Months)

Nomad™ and Sell ALL Rentals if SWR Achieves FI

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except sell all the rental properties if by doing so you can invest the proceeds and achieve financial independence utilizing a Safe Withdrawal Rate of the money you have invested.

Net Worth at 40 Years

Baton Rouge = $4.98M
Lafayette = $5.48M
Metairie = $7.35M
New Orleans = $17.35M
Shreveport = $14.88M

Month First Achieved Financial Independence

Baton Rouge = 40.00 Years (480 Months)
Lafayette = 34.75 Years (417 Months)
Metairie = 44.17 Years (530 Months)
New Orleans = 19.00 Years (228 Months)
Shreveport = 11.00 Years (132 Months)

Nomad™ and Payoff OO if Achieves FI

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except payoff your owner-occupant property if by doing so that means you achieve financial independence.

Net Worth at 40 Years

Baton Rouge = $4.60M
Lafayette = $6.60M
Metairie = $7.35M
New Orleans = $17.35M
Shreveport = $14.88M

Month First Achieved Financial Independence

Baton Rouge = 35.17 Years (422 Months)
Lafayette = 34.00 Years (408 Months)
Metairie = 46.17 Years (554 Months)
New Orleans = 19.00 Years (228 Months)
Shreveport = 11.00 Years (132 Months)

3% Property Price Discount While Nomading™ as Real Estate Agent

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except as a real estate agent you take your 3% commission as a discount off the purchase price.

Net Worth at 40 Years

Baton Rouge = $5.82M
Lafayette = $7.63M
Metairie = $8.40M
New Orleans = $19.09M
Shreveport = $15.33M

Month First Achieved Financial Independence

Baton Rouge = 40.50 Years (486 Months)
Lafayette = 34.00 Years (408 Months)
Metairie = 43.08 Years (517 Months)
New Orleans = 17.00 Years (204 Months)
Shreveport = 11.00 Years (132 Months)

Baseline Nomad™ Scenario

Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy.

Net Worth at 40 Years

Baton Rouge = $5.43M
Lafayette = $6.87M
Metairie = $7.35M
New Orleans = $17.35M
Shreveport = $14.88M

Month First Achieved Financial Independence

Baton Rouge = 42.33 Years (508 Months)
Lafayette = 35.08 Years (421 Months)
Metairie = 46.00 Years (552 Months)
New Orleans = 19.00 Years (228 Months)
Shreveport = 11.00 Years (132 Months)

10% Lower Rents While Nomading™

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are only able to get 10% lower rents.

Net Worth at 40 Years

Baton Rouge = $4.47M
Lafayette = $5.47M
Metairie = $5.34M
New Orleans = $11.26M
Shreveport = $12.87M

Month First Achieved Financial Independence

Baton Rouge = 46.92 Years (563 Months)
Lafayette = 43.00 Years (516 Months)
Metairie = 55.00 Years (660 Months)
New Orleans = 29.00 Years (348 Months)
Shreveport = 14.83 Years (178 Months)

Buy Non-Owner-Occupant All Cash As Renter

Save up and buy up to 10 non-owner-occupant properties all cash (without any mortgage) while you remain a renter the entire time.

Net Worth at 40 Years

Baton Rouge = $4.58M
Lafayette = $4.42M
Metairie = $4.88M
New Orleans = $5.12M
Shreveport = $7.02M

Month First Achieved Financial Independence

Baton Rouge = 39.00 Years (468 Months)
Lafayette = 34.25 Years (411 Months)
Metairie = 45.92 Years (551 Months)
New Orleans = 28.92 Years (347 Months)
Shreveport = 19.92 Years (239 Months)

.25 Worse Interest Rate While Nomading™

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .25 worse/higher mortgage interest rate.

Net Worth at 40 Years

Baton Rouge = $5.19M
Lafayette = $6.63M
Metairie = $6.90M
New Orleans = $16.51M
Shreveport = $14.94M

Month First Achieved Financial Independence

Baton Rouge = 42.33 Years (508 Months)
Lafayette = 37.17 Years (446 Months)
Metairie = 46.67 Years (560 Months)
New Orleans = 20.08 Years (241 Months)
Shreveport = 11.83 Years (142 Months)

.5 Better Interest Rate While Nomading™

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .5 better/lower mortgage interest rate.

Net Worth at 40 Years

Baton Rouge = $5.99M
Lafayette = $8.11M
Metairie = $8.79M
New Orleans = $19.79M
Shreveport = $15.43M

Month First Achieved Financial Independence

Baton Rouge = 39.42 Years (473 Months)
Lafayette = 33.58 Years (403 Months)
Metairie = 43.00 Years (516 Months)
New Orleans = 15.67 Years (188 Months)
Shreveport = 10.75 Years (129 Months)

5% Property Price Discount While Nomading™

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties at a 5% discount.

Net Worth at 40 Years

Baton Rouge = $6.09M
Lafayette = $8.21M
Metairie = $9.06M
New Orleans = $20.42M
Shreveport = $15.50M

Month First Achieved Financial Independence

Baton Rouge = 39.25 Years (471 Months)
Lafayette = 33.33 Years (400 Months)
Metairie = 43.00 Years (516 Months)
New Orleans = 15.00 Years (180 Months)
Shreveport = 10.75 Years (129 Months)

Buy Non-Owner-Occupant All Cash

Buy 1 owner-occupant property with 5% down then save up and buy up to 9 non-owner-occupant properties all cash (without any mortgage).

Net Worth at 40 Years

Baton Rouge = $4.49M
Lafayette = $5.41M
Metairie = $6.16M
New Orleans = $9.04M
Shreveport = $10.24M

Month First Achieved Financial Independence

Baton Rouge = 33.33 Years (400 Months)
Lafayette = 32.08 Years (385 Months)
Metairie = 38.92 Years (467 Months)
New Orleans = 23.75 Years (285 Months)
Shreveport = 16.33 Years (196 Months)

3% Commission While Nomading™ as Real Estate Agent

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except as a real estate agent you earn a 3% commission with each property you purchase.

Net Worth at 40 Years

Baton Rouge = $5.66M
Lafayette = $7.17M
Metairie = $7.81M
New Orleans = $17.91M
Shreveport = $15.30M

Month First Achieved Financial Independence

Baton Rouge = 41.50 Years (498 Months)
Lafayette = 34.75 Years (417 Months)
Metairie = 45.00 Years (540 Months)
New Orleans = 18.58 Years (223 Months)
Shreveport = 11.00 Years (132 Months)

No Real Estate, Invest in Stocks

Save up and invest in stocks while you remain a renter the entire time. Do not buy any real estate... owner-occupant or investment.

Net Worth at 40 Years

Baton Rouge = $3.89M
Lafayette = $3.87M
Metairie = $3.98M
New Orleans = $3.92M
Shreveport = $3.82M

Month First Achieved Financial Independence

Baton Rouge = 44.92 Years (539 Months)
Lafayette = 45.08 Years (541 Months)
Metairie = 55.00 Years (660 Months)
New Orleans = 48.75 Years (585 Months)
Shreveport = 45.33 Years (544 Months)

Nomad™ and Sell SOME Rentals to Payoff Others if FI

Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except sell some rental properties if by doing so you can payoff the others and achieve financial independence primarily from free and clear cash flow.

Net Worth at 40 Years

Baton Rouge = $5.32M
Lafayette = $5.58M
Metairie = $7.14M
New Orleans = $10.37M
Shreveport = $14.88M

Month First Achieved Financial Independence

Baton Rouge = 36.75 Years (441 Months)
Lafayette = 28.00 Years (336 Months)
Metairie = 38.83 Years (466 Months)
New Orleans = 16.75 Years (201 Months)
Shreveport = 11.00 Years (132 Months)

20% Down Payment Non-Owner-Occupant

Buy 1 owner-occupant property with 5% down then up to 9 non-owner-occupant properties with 20% down payments.

Net Worth at 40 Years

Baton Rouge = $6.25M
Lafayette = $7.95M
Metairie = $8.30M
New Orleans = $16.74M
Shreveport = $14.63M

Month First Achieved Financial Independence

Baton Rouge = 43.00 Years (516 Months)
Lafayette = 33.33 Years (400 Months)
Metairie = 44.00 Years (528 Months)
New Orleans = 19.00 Years (228 Months)
Shreveport = 10.33 Years (124 Months)

25% Down Payment Non-Owner-Occupant as Renter

Buy up to 10 non-owner-occupant properties with 25% down payments, but never buy an owner-occupant property. Remain a renter instead.

Net Worth at 40 Years

Baton Rouge = $5.57M
Lafayette = $7.50M
Metairie = $7.12M
New Orleans = $13.42M
Shreveport = $12.55M

Month First Achieved Financial Independence

Baton Rouge = 44.75 Years (537 Months)
Lafayette = 35.00 Years (420 Months)
Metairie = 47.00 Years (564 Months)
New Orleans = 21.00 Years (252 Months)
Shreveport = 11.33 Years (136 Months)

Pay off mortgages early when Nomading™ with any excess cash.

Do the traditional Nomad™ strategy except you pay off the lowest balance mortgage early with any excess cash.

Net Worth at 40 Years

Baton Rouge = $4.46M
Lafayette = $4.62M
Metairie = $5.53M
New Orleans = $5.91M
Shreveport = $14.35M

Month First Achieved Financial Independence

Baton Rouge = 37.33 Years (448 Months)
Lafayette = 36.42 Years (437 Months)
Metairie = 44.67 Years (536 Months)
New Orleans = 32.92 Years (395 Months)
Shreveport = 10.25 Years (123 Months)

20% Down Payment Non-Owner-Occupant as Renter

Buy up to 10 non-owner-occupant properties with 20% down payments, but never buy an owner-occupant property. Remain a renter instead.

Net Worth at 40 Years

Baton Rouge = $4.81M
Lafayette = $6.98M
Metairie = $6.63M
New Orleans = $14.12M
Shreveport = $12.93M

Month First Achieved Financial Independence

Baton Rouge = 45.67 Years (548 Months)
Lafayette = 37.42 Years (449 Months)
Metairie = 48.33 Years (580 Months)
New Orleans = 20.75 Years (249 Months)
Shreveport = 11.00 Years (132 Months)

Pay off mortgages in full early when Nomading™.

Do the traditional Nomad™ strategy except you pay off the lowest balance mortgage early but only when you can pay off the entire balance in full.

Net Worth at 40 Years

Baton Rouge = $4.46M
Lafayette = $6.83M
Metairie = $7.88M
New Orleans = $16.75M
Shreveport = $14.38M

Month First Achieved Financial Independence

Baton Rouge = 37.42 Years (449 Months)
Lafayette = 30.00 Years (360 Months)
Metairie = 40.42 Years (485 Months)
New Orleans = 17.00 Years (204 Months)
Shreveport = 10.33 Years (124 Months)

More Model Comparisons for Louisiana

The following are the various scenarios we ran summarized with Louisiana cities highlighted.

Is it better to put 20% down or 25% down when buying rentals? - First, we buy an owner-occupant property with 5% down then we start buying rental properties. Should we put 20% down for buying the rentals or 25% down. See how putting 20% down or 25% down does as we model it across the US in over 300 cities.
Is it better to put 20% down or 25% down when buying rentals when you don't buy an owner-occupant property first? - We start buying rental properties immediately... even before we buy an owner-occupant property. Should we put 20% down for buying the rentals or 25% down. See how putting 20% down or 25% down does as we model it across the US in over 300 cities.
Is it better to put 20% down and buy rental properties or Nomad™ with 5% down to acquire 10 rentals? - Will you be able to be financially independent faster and with less risk if you buy just an owner-occupant property with 5% down then buy up to 9 more rentals by saving up 20% down payment for each one, or is it better to acquire 10 properties by putting 5% down for each one using the Nomad™ strategy.
When Nomading™ should you consider selling ALL your rentals if it means you'd be able to invest in stocks, bonds or something else and live off these investments using a Safe Withdrawal Rate instead of the cash flow from rentals? - You could acquire a portfolio of rentals utilizing the Nomad™ real estate investing strategy and wait for the cash flow to be great enough for you to be able to achieve financial independence from the cash flow. But, what about the equity in your properties? Would it be better for you to sell off all the rentals and take the net proceeds after all the expenses and invest that in something else. Then, live off these other investments using a Safe Withdrawal Rate?
Is it better to put 25% down and buy rental properties or Nomad™ with 5% down to acquire 10 rentals? - Will you be able to be financially independent faster and with less risk if you buy just an owner-occupant property with 5% down then buy up to 9 more rentals by saving up 25% down payment for each one, or is it better to acquire 10 properties by putting 5% down for each one using the Nomad™ strategy. 25% down has a slighter better interest rate than 20% down.
Is it better to buy 20% down rentals or invest in stocks? - See how buying 20% down rentals does compared to buying no real estate and only investing in stocks as we model it across the US in over 300 cities.
Is it better to buy 25% down rentals or invest in stocks? - See how buying 25% down rentals does compared to buying no real estate and only investing in stocks as we model it across the US in over 300 cities.
Is it better to use the Nomad™ strategy to acquire rental properties or invest in stocks? - See how buying properties as an owner-occupant with 5% down then converting them to rentals after living there for at least a year does compared to buying no real estate and only investing in stocks as we model it across the US in over 300 cities.
Is it better to use the Nomad™ strategy to acquire rental properties or buy a single owner-occupant with 5% down then buy up to 9 rentals all cash? - See how buying properties as an owner-occupant with 5% down then converting them to rentals after living there for at least a year does compared to buying just one owner-occupant with 5% down then buying up to 9 rentals all cash as we model it across the US in over 300 cities.
Is it better to use the Nomad™ strategy to acquire rental properties or buy up to 10 rentals all cash? - See how buying properties as an owner-occupant with 5% down then converting them to rentals after living there for at least a year does compared to buying up to 10 rentals all cash as we model it across the US in over 300 cities.
Is it better to buy rentals with 20% down or all cash after buying a single owner-occupant property with 5% down first? - See how buying rental properties with 20% down compares to buying rentals for all cash after, in both cases, buying a single owner-occupant property with 5% down first as we model it across the US in over 300 cities.
Is it better to buy rentals with 25% down or all cash after buying a single owner-occupant property with 5% down first? - See how buying rental properties with 25% down compares to buying rentals for all cash after, in both cases, buying a single owner-occupant property with 5% down first as we model it across the US in over 300 cities.
Is it better to pay off rentals when Nomading™ early with extra cash flow or only pay them off in full? - When you're Nomading™, should you pay off mortgages early? Specifically, is it better to take any excess cash and pay off rentals early with any excess cash you have or wait until you've saved up enough where you pay off the mortgage in full and keep the excess money in the stock market while you're waiting. See which is better as we model it across the US in over 300 cities.
Is it better to pay off rentals early with extra cash flow or traditional Nomad™? - Is it better to pay off mortgages early? Should you do traditional Nomad™ or pay off your Nomad™ properties early with extra flow? See which is better as we model it across the US in over 300 cities.
Is it better to pay off rentals in full early or traditional Nomad™? - Is it better to pay off mortgages early? Should you do traditional Nomad™ or pay off your Nomad™ properties in full early? You keep your money invested in the stock market until you have enough to pay off the lowest balance mortgage. See which is better as we model it across the US in over 300 cities.
Is it better to pay off your owner-occupant mortgage when Nomading™? - Is it better to pay off your owner-occupant mortgage when Nomading™ if that means you're financially independent? Or, should you just do traditional Nomad™ without paying off your owner-occupant property early? See which is better as we model it across the US in over 300 cities.
Is it better to buy an owner-occupant property for 5% down when otherwise buying 20% down payment rentals or keep renting instead? - When you're buying 20% down payment rentals, should you first buy an owner-occupant property for 5% down? Or, should you remain a renter yourself? See which is better as we model it across the US in over 300 cities.
Is it better to buy an owner-occupant property for 5% down when otherwise buying 25% down payment rentals or keep renting instead? - When you're buying 25% down payment rentals, should you first buy an owner-occupant property for 5% down? Or, should you remain a renter yourself? See which is better as we model it across the US in over 300 cities.
Is it better to buy a single owner-occupant with 5% down then buy up to 9 rentals all cash or with 20% down payments? - First, buy an owner-occupant property with 5% down and PMI. Then, let's see if it is better to put 20% down to acquire up to 9 more rentals or to save up to buy all properties all cash without any loan. Explore this comparison as we model it across the US in over 300 cities.
Is it better to buy a single owner-occupant with 5% down then buy up to 9 rentals all cash or with 25% down payments? - First, buy an owner-occupant property with 5% down and PMI. Then, let's see if it is better to put 25% down to acquire up to 9 more rentals or to save up to buy all properties all cash without any loan. Explore this comparison as we model it across the US in over 300 cities.
Is it better for Nomads™ to get a 5% discount when buying or get 5% better rents? - As a Nomad™, is it better to focus on finding a property you can buy at a 5% discount? Or, is it better to focus on finding a property where you can get 5% better rents? Explore this comparison as we model it across the US in over 300 cities.
Is it better for Nomads™ to get a 10% discount when buying or get 10% better rents? - As a Nomad™, is it better to focus on finding a property you can buy at a 10% discount? Or, is it better to focus on finding a property where you can get 10% better rents? Explore this comparison as we model it across the US in over 300 cities.
For Nomads™ how much better is it to be able to buy at a 5% discount? - As a Nomad™, how much better is it to focus on finding a property you can buy at a 5% discount? Explore this comparison as we model it across the US in over 300 cities.
For Nomads™ how much better is it to be able to buy at a 10% discount? - As a Nomad™, how much better is it to focus on finding a property you can buy at a 10% discount? Explore this comparison as we model it across the US in over 300 cities.
For Nomads™ how much better is it to be able to buy a property that gets 5% better rents? - As a Nomad™, how much better is it to focus on finding a property you can buy with 5% better rent? Explore this comparison as we model it across the US in over 300 cities.
For Nomads™ how much better is it to be able to buy a property that gets 10% better rents? - As a Nomad™, how much better is it to focus on finding a property you can buy with 10% better rent? Explore this comparison as we model it across the US in over 300 cities.
For Nomads™ is it better to buy at a 5% discount or get .25% lower mortgage interest rate? - As a Nomad™, should you focus on buying properties for a 5% discount? Or, is it better to focus on being able to negotiate getting a .25% lower mortgage interest rate? Explore this comparison as we model it across the US in over 300 cities.
For Nomads™ is it better to buy at a 10% discount or get .5% lower mortgage interest rate? - As a Nomad™, should you focus on buying properties for a 10% discount? Or, is it better to focus on being able to negotiate getting a .5% lower mortgage interest rate? Explore this comparison as we model it across the US in over 300 cities.
For Nomads™ what difference would it make to earn 10% less income? - As a Nomad™ what is the impact of earning 10% less income? Explore this comparison as we model it across the US in over 300 cities.
For Nomads™ what difference would it make to earn 10% more income? - As a Nomad™ what is the impact of earning 10% more income? Explore this comparison as we model it across the US in over 300 cities.

Specific Strategy Summaries for Louisiana Cities

The following are the various scenarios we ran summarized with Louisiana cities highlighted.

Check out how these reports summarizing how a particular strategy performed across all states:

5% Higher Rents While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are able to get 5% higher rents.
5% Lower Rents While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are only able to get 5% lower rents.
10% Property Price Premium While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except forced to buy properties at a 10% premium.
.5 Worse Interest Rate While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .5 worse/higher mortgage interest rate.
Nomad to Short-Term Rentals with 75% Higher Rents - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 75% higher rents but with doubled maintenance expenses as well.
10% Property Price Discount While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties at a 10% discount.
5% Property Price Premium While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except forced to buy properties at a 5% premium.
Nomad to Short-Term Rentals with 50% Higher Rents - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 50% higher rents but with doubled maintenance expenses as well.
Nomad to Short-Term Rentals with 25% Higher Rents - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you utilize a short-term rental strategy after moving out and are able to get 25% higher rents but with doubled maintenance expenses as well.
10% Higher Rents While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are able to get 10% higher rents.
10% Property Manager While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except hire a professional property manager costing 10% of gross rents.
10% Less Job Income While Nomading™ - Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy but model it with the investor earning 10% less income than in the Baseline Nomad™ Scenario.
.25 Better Interest Rate While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .25 better/lower mortgage interest rate.
Nomad™ Start with $0 - Do the traditional Nomad™ strategy except you start with $0 saved up.
25% Down Payment Non-Owner-Occupant - Buy 1 owner-occupant property with 5% down then up to 9 non-owner-occupant properties with 25% down payments.
10% More Job Income While Nomading™ - Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy but model it with the investor earning 10% more income than in the Baseline Nomad™ Scenario.
Nomad™ and Sell ALL Rentals if SWR Achieves FI - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except sell all the rental properties if by doing so you can invest the proceeds and achieve financial independence utilizing a Safe Withdrawal Rate of the money you have invested.
Nomad™ and Payoff OO if Achieves FI - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except payoff your owner-occupant property if by doing so that means you achieve financial independence.
3% Property Price Discount While Nomading™ as Real Estate Agent - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except as a real estate agent you take your 3% commission as a discount off the purchase price.
Baseline Nomad™ Scenario - Buy up to 10 owner-occupant properties using the Nomad™ real estate investing strategy.
10% Lower Rents While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except you are only able to get 10% lower rents.
Buy Non-Owner-Occupant All Cash As Renter - Save up and buy up to 10 non-owner-occupant properties all cash (without any mortgage) while you remain a renter the entire time.
.25 Worse Interest Rate While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .25 worse/higher mortgage interest rate.
.5 Better Interest Rate While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties with a .5 better/lower mortgage interest rate.
5% Property Price Discount While Nomading™ - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except able to buy properties at a 5% discount.
Buy Non-Owner-Occupant All Cash - Buy 1 owner-occupant property with 5% down then save up and buy up to 9 non-owner-occupant properties all cash (without any mortgage).
3% Commission While Nomading™ as Real Estate Agent - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except as a real estate agent you earn a 3% commission with each property you purchase.
No Real Estate, Invest in Stocks - Save up and invest in stocks while you remain a renter the entire time. Do not buy any real estate... owner-occupant or investment.
Nomad™ and Sell SOME Rentals to Payoff Others if FI - Buy up to 10 owner-occupant properties utilizing the Nomad™ real estate investing strategy like the Baseline Nomad™ Scenario except sell some rental properties if by doing so you can payoff the others and achieve financial independence primarily from free and clear cash flow.
20% Down Payment Non-Owner-Occupant - Buy 1 owner-occupant property with 5% down then up to 9 non-owner-occupant properties with 20% down payments.
25% Down Payment Non-Owner-Occupant as Renter - Buy up to 10 non-owner-occupant properties with 25% down payments, but never buy an owner-occupant property. Remain a renter instead.
Pay off mortgages early when Nomading™ with any excess cash. - Do the traditional Nomad™ strategy except you pay off the lowest balance mortgage early with any excess cash.
20% Down Payment Non-Owner-Occupant as Renter - Buy up to 10 non-owner-occupant properties with 20% down payments, but never buy an owner-occupant property. Remain a renter instead.
Pay off mortgages in full early when Nomading™. - Do the traditional Nomad™ strategy except you pay off the lowest balance mortgage early but only when you can pay off the entire balance in full.

Detailed Louisiana City-Specific Modeling

Check out the detailed modeling for these Louisiana cities.

Baton Rouge

Lafayette

Metairie

New Orleans

Shreveport