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Updated almost 7 years ago on . Most recent reply

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Qamar Cherqaoui
  • Ashburn, VA
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question from a new investor :)

Qamar Cherqaoui
  • Ashburn, VA
Posted
hello everyone. I am relatively new to real estate investing. I have a question hoping someone could help. does it make sense to buy a new construction property to rent out? I have always been hesitant on buying old properties although they tend to cash flow much better. thank you in advance!

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Dan Barli
  • Attorney
  • Clifton, NJ
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Dan Barli
  • Attorney
  • Clifton, NJ
Replied

@Qamar Cherqaoui it depends on your goals, strategy and criteria. It is very difficult to say if it makes sense without any context. Does the price-to-rent ratio meet your criteria? What is the neighborhood the property is in? Is there equity or a tenant already in place?

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