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Updated about 4 years ago on . Most recent reply
Buying new construction for Rental Property
I live in the Houston Area and debating on buying a new construction home for rental purposes. We have a lot of single level, new homes under $220K that fit this category. What are the drawback to purchasing new construction for Rental as oppose to buying a home to be rehabbed for the similar price.
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Wale Lawal
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Wale Lawal
#3 New Member Introductions Contributor
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#3 New Member Introductions Contributor
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- Houston | Dallas | Austin, TX
The major advantage of new construction is deferred maintenance and tenant will stay longer.
Just buy in a great neighborhood and analyze your numbers correctly.
Goodluck
- Wale Lawal
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