How To Make Money On Investment Properties In Lafayette La 19 Property List

How To Make Money On Investment Properties In Lafayette La 19 Property List

Looking to be a landlord? Buying property in college towns typically translates into stable rental returns, no matter how the economy is faring.

Not only do colleges provide a steady source of jobs for the local economy, but enrollments have swelled as the unemployed go back to school seeking new job skills.

Along with increased demand, rents have risen, too, by about 5% over the past 12 months, according to real estate website Trulia. And you can expect them to keep climbing. Steve Berkowitz, CEO of Realtor.com projects rents will rise by another 5% in the upcoming year.

Even developers who have cut back on other housing projects, are building in college towns. Erik Nelson, who handles construction loans for the Portland-based Bank of the West, said he arranged financing for residential housing projects in five college towns last year.

"The closer to the campus, the better," he said.

For buyers, there are plenty of bargains out there. According to Coldwell Banker's College Home Listing Report for 2011, the average three-bedroom, two-bath home sold for less than $200,000 in nearly two-thirds of the college markets it surveyed and less than $150,000 in nearly a quarter of the towns.



923 Saint Charles Lafayette Reduced

$42K LAFAYETTE

1,404 Sqr Feet

 SAVE  SIMILAR

$170

128 Pennington Duson Foreclosure

$39K DUSON

1,062 Sqr Feet

 SAVE  SIMILAR

$160

302 Surrey Street Lafayette Reduced

$50K LAFAYETTE

1,312 Sqr Feet

 SAVE  SIMILAR

$202

3201 Kaliste Saloom Road, # 337 Lafayette Reduced

$32K LAFAYETTE

1,280 Sqr Feet

 SAVE  SIMILAR

$133

412 Lafayette Street Lafayette Reduced

$25K LAFAYETTE

1,336 Sqr Feet

 SAVE  SIMILAR

$101

208 E Pine Lafayette

$50K LAFAYETTE

1,000 Sqr Feet

 SAVE  SIMILAR

$202

871 E Gloria Switch Lafayette

$39K LAFAYETTE

1,936 Sqr Feet

 SAVE  SIMILAR

$162

102 Amite Dr Lafayette

$35K LAFAYETTE

840 Sqr Feet

 SAVE  SIMILAR

$141

129 Friendship Lafayette Fix'er Upper

$35K LAFAYETTE

861 Sqr Feet

 SAVE  SIMILAR

$141

406 Ontario Duson Reduced

$46K DUSON

1,280 Sqr Feet

 SAVE  SIMILAR

$186

102 Lacobie Street Lafayette

$40K LAFAYETTE

725 Sqr Feet

 SAVE  SIMILAR

$162

232 Sherwood Street Lafayette

$50K LAFAYETTE

1,000 Sqr Feet

 SAVE  SIMILAR

$202

230 Stanley Road Carencro Just Listed

$41K CARENCRO

1,953 Sqr Feet

 SAVE  SIMILAR

$166

104 La Rue Blanc Scott

$35K SCOTT

1,008 Sqr Feet

 SAVE  SIMILAR

$141

1034 St Charles Street Lafayette Foreclosure

$49K LAFAYETTE

1,309 Sqr Feet

 SAVE  SIMILAR

$202

120 Della Lafayette

$50K LAFAYETTE

1,000 Sqr Feet

 SAVE  SIMILAR

$202

1610 Louisiana Avenue Lafayette Foreclosure

$29K LAFAYETTE

1,140 Sqr Feet

 SAVE  SIMILAR

$119

135 Whitney Street Lafayette

$45K LAFAYETTE

960 Sqr Feet

2 beds + 1 baths + 960 sqft

2900 W Willow Street, # 43 Scott

$28K SCOTT

1,280 Sqr Feet

 SAVE  SIMILAR

$115


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eXp Realty Louisiana
2000 Lake Street
Lake Charles, LA
337-419-3480