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Updated over 4 years ago on . Most recent reply

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Justin Reader
  • Rental Property Investor
  • Altoona, PA
63
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44
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Better to Build or buy?

Justin Reader
  • Rental Property Investor
  • Altoona, PA
Posted

Is it a better choice to build or buy.

In the future I’d like to build an 8 unit apartment building. Although I wanted to get some valuable feedback from people that have experience.

I know that location is key. My question is this, is it better to build or buy when it comes to housing.

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Replied

You need to have good software to analyze this as it's local specific. There's a certain zip code (for example in CO) that builds is much better than fix-n-flip or buy. The keyword is what Greg mentioned above. 

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