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Updated almost 5 years ago on . Most recent reply

New Construction Investments? Why and Why not?
Since inventory is low, builders have ramped up production to help meet demand.
A lot of Turn Key providers have added new construction to their line up of products.
Some basic things I see:
Pros:
Low Maintenance
Capex is father out
Lower property management fee (About 2% lower from usual advertised rate, maybe because of reason above?)
Cons:
Cash tied up in down payment
Higher price, thus a usually less then a 1% rule. I see 0.8% or lower from what I have looked out.
What else? Am I wrong about items above?