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Updated over 3 years ago,
New Properties - Are they a good investment when the numbers work
I am looking at a new property in Greenville, SC as a buy and hold. I live in Virginia. It's under $200K, no maintenance, no rehab as the builder is on the hook for it first year. I did the analysis and it looks like I can rent if for $1500 per month the numbers look like they work. Am I missing something all you pros out there? I am new at this but I have done my due diligence. Anyone interested in taking a look at the analysis and commenting before I dive in? https://www.biggerpockets.com/...