General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
How valuable is a new build home to a buy&hold investor?
I am about to invest into a brand new build property in Mississippi. The cash flow has been reduced a bit by the recent interest rate hikes, but it is still about 7% return . I'ts a turnkey deal in a B+ neighborhood. I was offered other, older, renovated properties with slightly more cashflow. Now I wonder how much it should be worth to me that it is brand new and should have everything pretty much under warranty and not require any major repairs in the first 4-5 years. Following Brandon's advice I like to see $200/month cashflow on SFR. This is slight less. What do you think, is the fact that it's new enough of an offset?