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Updated over 7 years ago on . Most recent reply

User Stats

184
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52
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Juan David Maldonado
  • Investor
  • San Antonio, TX
52
Votes |
184
Posts

Age cut off for an rental property

Juan David Maldonado
  • Investor
  • San Antonio, TX
Posted

Hello Yall, 

When considering to purchase a rental property.  The age of the property is a factor in considering to purchase a rental. It will just be a domino effect of stuff to fix down the years if its old. What are some common problems someone will encounter in a rental property that is old? Also, what age range should I stay away from?

For example stay away from properties built in the 70s, 80s, or early 90s?

Thank you 

JD Maldonado

* Meant to say cut not cute in the headline. I know, I can't do anything about it ha. 

Most Popular Reply

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995
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966
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Costin I.
  • Rental Property Investor
  • Round Rock, TX
966
Votes |
995
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Costin I.
  • Rental Property Investor
  • Round Rock, TX
Replied

We like to stay above 1985, the reasons being in older house you'll have to deal with lead paint, crumbling iron plumbing, asbestos remediation, aluminium wiring and functional obsolence. If it was well built, well maintained and/or updated, it might work. And as Karl said, newer doesn't necessarily mean better (e.g. chinese drywall).

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