BRRRR vs. new development

[Ryan Daulton]

I live in an increasingly expensive market. What are the advantages of doing a BRRRR on an existing property vs. buying the land and building a new house from the ground up? For example, are there more tax deductions for doing a BRRRR? I can save alot of money by just building a new house.

[Clint Jusino]

Quote from @Ryan Daulton:

I live in an increasingly expensive market. What are the advantages of doing a BRRRR on an existing property vs. buying the land and building a new house from the ground up? For example, are there more tax deductions for doing a BRRRR? I can save alot of money by just building a new house.

 If I had a choice I would definitely pick the new construction. BRRRRs are alot of work to make them successful. I did one and have learned so much. Less hassle since everything is brand new. Less maintenance.