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Updated 7 months ago,
Investing in new buildings?
Hello all,
I am just starting my journey with real estate. For the past couple of months I have been trying to learn as much as I can, but of course I still have my doubts. I have been looking around, and found very interesting proposals for the new buildings, which should be finished only in 1-2 years. Fairly speaking, the price, location, other metrics look amazing, even the potential cash flow per month. I understand that because the cash flow will be delayed for 1-2 years, I am technically paying such good price for the apartment, therefore I would like to collect more opinions on this type of investment. What do you think overall of such investment? Maybe there are some things that i should pay more attention to, anything I should consider/calculate upfront which for other investments is not necessary? Is it a good idea in general of just investing and hoping that cashflow will come one day?
Thank you so much! Looking forward to your answer!!
Maria