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Reginald Vaughn
  • Houston, TX
2
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Buying new construction for Rental Property

Reginald Vaughn
  • Houston, TX
Posted

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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5,105
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Wale Lawal
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
2,647
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5,105
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Wale Lawal
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
Replied

@Reginald Vaughn

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

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