New Homes as Rentals

[Archie Drake]

Hello,

I am a first time investor interested to start my journey in Orlando. I live and work in Reno, NV.

I am considering buying a new construction to serve as a rental, something that will give me a good cash flow, so I will have savings to acquire in another property.

Any ideas on where to start looking for new homes? Or new constructions? I have only been to Orlando once.

Thank you so much!!!!

[Jaron Walling]

@Archie Drake I would research and run the numbers on your own, but generally new construction does not cash-flow. 

The cost to build new out ways the rental income generated every month. Texas and Florida are hot markets which amplifies this even more.