Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Investor Mindset
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 8 months ago on . Most recent reply

User Stats

8
Posts
6
Votes
Mohamad Guene
6
Votes |
8
Posts

Thoughts on investing in new built house

Mohamad Guene
Posted

I am a new investor and looking for advice on investing in newly built single family homes in Hunstville, Alabama.

I appreciate any advice.

Thank you

  • Mohamad Guene
  • Most Popular Reply

    User Stats

    179
    Posts
    192
    Votes
    Stephanie Walker
    • Realtor
    • Charlotte, NC
    192
    Votes |
    179
    Posts
    Stephanie Walker
    • Realtor
    • Charlotte, NC
    Replied

    Personally, my husband and I have only purchased new construction (both for investments and personal homes). It's our preferred method because we find that they appreciate faster in our market. However, that's not always the case and is pretty heavily dependent on location. We work with a mix of investors: some who share the same sentiment and like the idea of less maintenance and others who prefer BRRR method to keep recycling their cash.

    What are you looking to do with the property? LTR/MTR/STR? Is it in an HOA neighborhood? If so, review the CC&Rs to make sure you are able to use your preferred strategy.

    Loading replies...