Investing in new townhome/SFH in development
2 Replies
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Jessica Hicks from Seattle, WA
posted about 2 months agoEric Delcol Investor from Tampa, Florida
replied about 2 months ago"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.
Huiping Sheng Real Estate Agent and RE investor from Tampa, Florida
replied about 2 months agoWe 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.
Good luck.
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