Buying new construction for Rental Property
I live in the Houston Area and debating on buying a new construction home for rental purposes. We have a lot of single level, new homes under $220K that fit this category. What are the drawback to purchasing new construction for Rental as oppose to buying a home to be rehabbed for the similar price.
Most Popular Reply
Wale Lawal
Agent
Pro Member
- Real Estate Broker
- Houston | Dallas | Austin, TX
- 2,647
- Votes |
- 5,105
- Posts
The major advantage of new construction is deferred maintenance and tenant will stay longer.
Just buy in a great neighborhood and analyze your numbers correctly.
Goodluck
- Wale Lawal
- [email protected]
- (832) 776-9582
- Podcast Guest on Show #469
NETWORTH BUILDERS
234 Reviews
5.0 stars