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Updated over 5 years ago on . Most recent reply

User Stats

41
Posts
13
Votes
Bob Smith
  • Real Estate Investor
  • Des Moines, IA
13
Votes |
41
Posts

New Homes as rentals - SFR - any leads on deals out there?

Bob Smith
  • Real Estate Investor
  • Des Moines, IA
Posted

I have had good luck buying brand new homes in a few cities as single family rentals. Sort of the ultimate turnkey property as it's "perfect" and comes with a builders warranty of some kind. Looking to dump some cash into a couple new properties. Anybody have any leads on incredible new home deals out there? Ideally close to 1% rents without significant HOA dues. I'd love to hear what you got in your area in terms of actual selling price, if any additional work is needed to make it rentable (i.e. window coverings, light fixtures, backyard landscape), and what anticipated rent would be. Would love to hear what you got. Thanks in advance.

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