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Old 09-10-2018, 08:08 AM
 
Location: Austin, TX
12,059 posts, read 13,898,816 times
Reputation: 7257

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Quote:
Originally Posted by rgathrights View Post
The sweet spot in our Lake Charles market is $150K or lower homes / trailers since the people using them are temporary workers.


North Lake Charles is very tough to buy properties because banks will not offer loans on property that has no title insurance capability. Most lots and homes in North Lake Charles (North of I-10 but South of Calcasieu River / English Bayou) are chain of title nightmares.


Still working hard to find any evidence that another announced mega-project ($1,000,000) has actually broken ground. SWLA Economic Alliance keeps telling everyone more construction and jobs are occurring in Lake Charles but the same group offers no responsibility for their claims.
There are lots of homes in the Charpentier District that have titles. They are historic and very nice homes but in a rough part of town. You could easily renovate and make tons of money.
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