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Updated over 10 years ago,
Newer or older homes Houston Texas?
I made the decision to buy newer homes (less than 7 years old).
I see most investors in Houston buying 20 to 30 years old houses, fixing them a bit and get better CF than on newer homes but will they not be eaten up by maintenance cost?
OK, taxes are a bit higher on newer homes but my feeling is that I have a good 15 years without a pb ahead of me.
So less than 10 years old or more than 20, what is your choice?