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Updated over 11 years ago,

User Stats

13
Posts
1
Votes
Robert Setliff
  • Real Estate Investor
  • Columbia, SC
1
Votes |
13
Posts

Is new better

Robert Setliff
  • Real Estate Investor
  • Columbia, SC
Posted

Is purchasing a brand new unit better than purchasing an older unit that may cash flow better? I am wondering if not having to worry about maintenance costs, upgrades to units, etc. would outweigh the difference in cashflow over time. The new unit cashflows $200 and the older unit cashflows $600 using the 50% rule. Thank you

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