New Orleans Real Estate Investors Association

What New Orleans Real Estate Investors Association does

New Orleans Real Estate Investors Association (NOREIA) is a non-profit real estate investor trade association founded in 1985 and based in Metairie, Louisiana, serving investors across the New Orleans metro, the state of Louisiana, Mississippi, and the broader Gulf South region. The organization operates on a membership subscription model — $200/year or $20/month for individuals and $250/year for families — granting access to monthly in-person meetings at the Holiday Inn Metairie, networking events (Cocktails with Carol), Basic Classes, Ask the Expert sessions, and annual events including City Bus Tours and the Holiday Party. Its member base of approximately 50+ individual investors and a 9-person board (President Linda Locascio, Vice President & Legal Counsel David Birdsong, and others) covers landlords, wholesalers, rehabbers, note sellers, and multi-family investors.

The product and technology layer runs on the RealEstatePromo platform, which delivers every member a free personal real estate website with property listing capabilities, buyer/seller lead capture forms, and a lead-credit sharing system. A paid premium tier ($79 setup + $34.95/month) unlocks Property Analyzer Tools — Repair Estimates, Seller Net Sheets, and an Offer Generator — along with ad-free hosting. Supporting offerings include online financial calculators (Maximum Allowable Offer, Mortgage, Rental Property Analyzer), structured paid courses (e.g., the Junker's to Millions Rehabbing Course at $997.50), an articles/blog content library, a real estate glossary, a Shopify merchandise storefront, and vendor discounts negotiated through its chapter relationship with National REIA covering Home Depot Pro Xtra, Office Depot (up to 45% off), Rent Perfect, Foreclosure.com, Local Market Monitor, Constant Contact, FedEx/PartnerShip, BuildASign, and Budget, plus local vendor partners such as Gulf Coast Bank & Trust and HomeKey Mortgage.

Monetization blends recurring membership dues, one-time event registration fees ($20 per non-member monthly meeting), recurring premium website subscriptions, and episodic course and merchandise sales. Marketing and acquisition rely on a community-led, event-driven go-to-market motion: members refer friends, account creation explicitly tracks "Friend" and "REIA Member" referral sources, and channels include the website, monthly email newsletter, blog, Facebook, BiggerPockets, and Eventbrite. The association is governed by an elected board, generates no identified external funding, and is operated as a member-supported 501(c)(6)-style entity.

Name

New Orleans Real Estate Investors Association

Legal name

New Orleans Real Estate Investors Association

Website

https://neworleansreia.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

1–10 employees

Short description

New Orleans Real Estate Investors Association (NOREIA) is a 1985-founded non-profit trade association serving ~50+ individual real estate investors across the New Orleans metro and Gulf South region, providing monthly meetings, networking events, educational courses, and a RealEstatePromo-powered property listing and member website platform on a subscription membership model.

Ownership category

akta.pro rank

Headquarters

HQ city

Metairie

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Fees: Annual and monthly subscription fees for individual and family memberships. Individual Membership - New is $200 annually or $20/month. Family Membership - New is $250 annually.
2. Event Registration Fees: Main Monthly Meetings charge $20 for non-members while members attend free. Some events like Mastermind Virtual Events and Basic Classes are free for members.
3. Premium Website Services: Premium website upgrades with Property Analyzer Tools (PAT). Basic (Ad-Free) at $29 setup + $5.95/month, Premium (PAT) at $79 setup + $34.95/month. Member discounts available.
4. Educational Courses: Real estate training and educational courses sold through the platform. Examples include Junker's to Millions Rehabbing Course at $997.50 and Vacation Rental Course at $747.50.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

NOREIA operates as a non-profit trade association offering paid membership to individual real estate investors in the New Orleans Metro and Gulf South region. Members receive access to monthly educational meetings, networking events, an online property listing marketplace, personal real estate websites via RealEstatePromo, vendor discounts through National REIA, and paid training courses. Core revenue comes from membership subscriptions, event fees, premium website subscriptions, and course sales.

Product overview

New Orleans Real Estate Investors Association operates as a trade association offering a membership-based platform that combines community, education, and deal-making tools for real estate investors. The core offering centers on the Membership Program providing access to monthly meetings, networking events, and a member directory. Supporting this are digital tools including a Personal Website Builder with property listing capabilities, Property Analyzer Tools (Repair Estimate Worksheet, Seller Net Sheet, Offer Generator), and Financial Calculators (MAO Calculator, Mortgage Calculator, Rental Property Analyzer). Educational offerings include Real Estate Training Courses and a library of articles and blog content. Members also receive access to partner discounts and integrations with tools like Rent Perfect, TurboTenant, Foreclosure.com, and Home Depot Pro Xtra.

Differentiator

Problem solved

Functional benefit

Products and services

• Membership Program Annual and monthly membership plans giving individual and family real estate investors access to monthly meetings, networking events, property listings, vendor discounts, member resources, and National REIA benefits. Individual Membership $200/year or $20/month; Family Membership $250/year.
• Personal Website Builder Free professional real estate website for every NOREIA member via RealEstatePromo, with property listing capabilities, buyer/seller lead capture forms, and special report generation. Premium tier adds Property Analyzer Tools (Repair Estimates, Seller Net Sheet, Offer Generator) and ad-free experience at $79 setup + $34.95/month.
• Property Listings Platform Online property listing service enabling NOREIA members to post and search properties for sale or rent (single family, multi-family, commercial) across the Gulf South region, with automatic notifications sent to members when new listings are posted.
• Monthly Meetings and Events Regular educational and networking events held primarily at Holiday Inn Metairie and other venues, including Main Monthly Meetings (3rd Thursday, 6:30-9:00 PM), Basic Classes, Cocktails with Carol, and annual events like City Bus Tours and Holiday Party. Members attend free; non-members pay $20 per Main Monthly Meeting.
• Real Estate Training Courses Paid real estate investing training courses sold through NOREIA, including Junker's to Millions Rehabbing Course ($997.50) and Vacation Rental Course ($747.50), with in-person bootcamp options and taught by industry experts.
• NOREIA Merchandise Official branded merchandise including apparel, drinkware, stickers, and accessories sold through a dedicated Shopify storefront for members and supporters.

Quantifiable outcome

• Members can receive property leads and listing notifications
• +1 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

Feature3 records

Partnerships

20 partnerships are on record, tiered core and minor.

• National REIAcoreStrategic or Co-development PartnerNOREIA is a proud chapter of National REIA. Members receive National REIA benefits including Home Depot Pro Xtra program with rebates and discounts, Office Depot discounts up to 45%, Rent Perfect tenant screening, Foreclosure.com access, Local Market Monitor reports, National REIAU educational courses, and annual cruise opportunities.
• Office DepotcoreGTM or Marketing PartnerNational REIA's Office Depot/OfficeMax program provides members with up to 45% off retail everyday prices, free next-day delivery on orders over $50, and exclusive Copy & Print pricing. Program available through National REIA membership.
• Home DepotcoreGTM or Marketing PartnerNational REIA Rebate Incentive Program offers 2% biannual rebate on net purchases. Members can upgrade to 20% Gold Paint Program discount. Cabinet program offers up to 20% discount. Volume pricing through Pro Bid Room for orders $2,500+.
• BudgetminorGTM or Marketing PartnerCar rental discounts through Budget Customer Discount (BCD) program. Members receive automatic best available rate shopping and access to member specials.
• Build A SignminorGTM or Marketing PartnerSignage discounts up to 20% on retractable banners, yard signs, vinyl banners and accessories. Available through National REIA custom portal.
• Constant ContactminorGTM or Marketing PartnerEmail marketing system discounts up to 25% off. Includes easy-to-use products, free branded templates, free phone support, and award-winning coaches.
• FedEx / Powered by PartnerShipminorGTM or Marketing PartnerNational REIA Shipping Program provides discounted FedEx Express, FedEx Ground, FedEx Home Delivery, affordable LTL freight shipping, and tradeshow shipping solutions.
• Foreclosure.comminorGTM or Marketing Partner25% discount on foreclosure listings access. Members receive unlimited property access nationwide, customized alerts, property photos, aerial maps, and agent contacts.
• Local Market MonitorminorGTM or Marketing Partner25% off Personal Investor Market Reports. Founded in 1990, provides analysis of 100+ US markets using economic data on home values, employment, and population growth.
• National REIAUminorStrategic or Co-development PartnerOnline education platform delivering low-cost, high-quality investor training. Topics available exactly when members want them.
• Gulf Coast Bank & Trust CompanycoreGTM or Marketing PartnerThe largest locally owned bank in Louisiana with over $3B in assets. Provides construction & renovation loans, land loans, investment property financing, and DSCR loans. Local vendor serving NOREIA community.
• Uptown Pressure WashingminorOthersTop-tier exterior cleaning solutions for listings, rentals, and investment properties across Greater New Orleans.
• Expert Insurance ServicesminorOthersInsurance specialists helping real estate investors navigate Louisiana's property and flood insurance challenges.
• HomeKey MortgageminorOthersMichelle Zemlik offers fast approvals and smart financing for investment property loans.
• Prudhomme AppraisalsminorOthersFHA-approved residential appraisals across multiple parishes with expertise in investor properties.
• Primerica MortgageminorOthersMaurice Thompson and dedicated underwriting team offering investor-friendly lending programs.
• Norton Accounting ServicesminorOthersTax planning and bookkeeping tailored for real estate professionals and small businesses.
• DSM LendingminorOthersTraditional and hard money lending options for non-traditional real estate deals.
• PMI Integrity PropertiesminorOthersFull-service property management protecting rental investments and saving time for investors.
• RealEstatePromocoreTechnology or IntegrationPlatform powering member websites, property listings, and premium tools. Provides personal website builder, property analyzer tools (repair estimates, seller net sheets, offer generator), and lead management system.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• BiggerPockets: BiggerPockets is the largest online community for real estate investors, offering education, forums, property analysis tools, and a marketplace — directly comparable to NOREIA's combination of education, networking, property listings, and investor tools. Both target active real estate investors seeking deal flow and education, though BiggerPockets delivers online at scale while NOREIA delivers locally in person.
• National REIA: National REIA is the umbrella trade association of which NOREIA is a chapter, providing the national vendor discount network (Home Depot, Office Depot, Foreclosure.com), educational cruises, and chapter support. Both organizations operate on the same membership-based trade association model serving real estate investors, with comparable revenue streams (memberships, events, courses) and target audiences.
• Connected Investors: Connected Investors is an online platform connecting real estate investors for deal matching, networking, and education — a direct online peer to NOREIA's in-person member directory and property listing marketplace. Both serve active real estate investors seeking deal flow and peer connections in a community-driven format.

Regional players

• Houston REIA: Houston REIA is a fellow National REIA chapter serving the Houston metro real estate investor community with monthly meetings, education, networking, and property listings. It operates the same local-chapter trade association model as NOREIA but in a different Gulf Coast metro market.
• Atlanta REIA: Atlanta REIA is a long-running local real estate investor association (also a National REIA chapter) operating monthly meetings, networking events, and member services in the Atlanta metro. It is directly comparable to NOREIA as a regional trade association serving active investors with similar programming and revenue streams.
• Birmingham REIA: Birmingham REIA is a National REIA chapter serving the Birmingham, Alabama real estate investor community with monthly meetings, education, and vendor discounts. It mirrors NOREIA's local-chapter trade association model in a different Southeastern market.
• Birmingham Investment Club: A community investment club model operating in a different metro with peer-to-peer networking, education, and deal-sharing — comparable to NOREIA's community-led, referral-driven GTM motion and member networking events.

Others

• RealEstatePromo: RealEstatePromo is the technology platform that powers NOREIA's member websites, property listings, lead management, and Property Analyzer Tools. While not a direct competitor, it is the enabling technology infrastructure on which NOREIA (and other local REIAs) are built, making it a critical ecosystem participant.
• Rent Perfect: Rent Perfect is a property management software partner integrated with NOREIA's member benefits, providing tenant screening, online leases, and rent collection. While not a peer, it represents the broader proptech ecosystem serving the same landlord-investor audience that NOREIA aggregates.

Emerging players

• PropStream: PropStream is a real estate data and analytics platform targeting investors with property leads, comps, and deal analysis tools — overlapping with NOREIA's Foreclosure.com partnership and Property Analyzer Tools. It represents the kind of digital-native tool suite that competes for the same investor workflow that NOREIA's tools address.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/NewOrleansREIA
• Facebookfacebook.com/NewOrleansREIA
• LinkedInlinkedin.com/company/new-orleans-real-estate-investors-association-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New Orleans Real Estate Investors Association