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Updated almost 5 years ago,

User Stats

43
Posts
34
Votes
Grant Doyle
  • Rental Property Investor
  • Kansas City
34
Votes |
43
Posts

How do I learn how to judge between new construction and buying?

Grant Doyle
  • Rental Property Investor
  • Kansas City
Posted

Hey everyone! I am wanting to explore the options of buying vs. building new in the Kansas City area. I purchased a four-plex in Oklahoma that has been great, but quite the fixer upper. My wife loves the idea of getting into real estate (thank god) but wants something with less work and in a safer market when I move back up to Kansas City. I totally agree with her statement and know most of the trade offs. I am willing to make less cash flow, knowing i'll have less capex and maintenance. I have an open mind and want to learn how to judge if building new is the right move. What steps can I take to ensure I make the right decision. Thanks! 

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