"But I’m thinking in purchasing new I won’t have to worry about Maitenence for a while, and with a growing rental market, I’m thinking these rents will rise and the demand for new build will grow"
Yes you are accurate in your assumption. However, you will be paying top dollar for a brand new build.
Maybe try searching for existing houses less than 5 years old so you get the best of both worlds.
We have a townhouse in that area and brought few years ago. Wonderful tenants, gated and pretty community and no any work. I think that area is good for you. If you can find best tenants, you can save the PM cost. If you want to save the real money, your tax, you will.
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you
Join the Largest Real Estate Investing Community
Basic membership is free, forever.