New Construction Holding as Rental

New Construction Holding as Rental

Rental Property Investor · Knoxville, TN · Member since 2016 · 27 posts · 22 votes

Hey everyone, 

Has anyone here had success by doing new construction and then holding the unit(s)? If so, please give me some feedback, And if this is not a strategy that works very well, please give back some criticism so I can learn! 

Thanks ahead of time.  

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  • Rental Property Investor · Belgium, WI · Member since 2015 · 53 posts · 54 votes
    9y

    I apologize that I don't have any experience building. But a builder in my area does this. They built the duplex I own in 1989, sold 2004, and I just bought this year. Idk exact price per sq/ft but they rent their new units this year @ 975 a side for a duplex

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