Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago,

User Stats

30
Posts
9
Votes
Gilda L. Sauceda
  • New to Real Estate
  • Rio Grande Valley
9
Votes |
30
Posts

New Construction VS Older properties for the beginner.

Gilda L. Sauceda
  • New to Real Estate
  • Rio Grande Valley
Posted

Hi Everyone!

I'm a beginner and would like to know if you think a new 4PLEX construction (House Hacking) is better for the beginner rather than an established older property?

I spoke to someone that advised me that there's pros and cons to a new construction and older property of course. However, for a beginner it's recommended a new construction in an upcoming location. 

The rationale to his advice was to avoid extra expenses that come with renovating as a newbie and the minimal complaints I'll experience from tenants if i have a newer property. Also, some warranties that a new construction may come with that will be covered in the first 1-5 years, depending on what issues that is. 

I want to get feedback from other people. 

New construction price range is higher but has a better ROI in a growing location as I been told. I'm wondering if this may be true in some aspects?

Thoughts? Thank you!

Loading replies...