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Updated over 7 years ago on . Most recent reply

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Joshua Massingill
  • Cedar Park, TX
2
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7
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Better rental - new medium-sized home or 30-year old large home?

Joshua Massingill
  • Cedar Park, TX
Posted

Hello all. I am considering investing in the North Austin/Cedar Park area. Which would make a better rental property - a brand new, medium-sized home on a relatively small lot with lots of features and "trendy" interior, or a large, older home with a distinctly 90's vibe? I realize it's impossible to say for sure without seeing the actual properties, but I'm more interested in the general discussion. Which would be better for buy-and-hold, cash flow, etc.?

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6,500
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Ali Boone
  • Real Estate Coach
  • Venice Beach, CA
3,174
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6,500
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Ali Boone
  • Real Estate Coach
  • Venice Beach, CA
Replied

That completely depends on the area. I would call a local property manager and ask about the rentability of each. No one on here could really offer acccurate help...

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