All Forum Posts by: Ron Dancy

Hey @Ron Dancy, great question.To answer your initial question, Absolutely. If given the choice, all seasoned investors I've worked with prefer new construction. As you know interest rates are high right now, so in order to combat that, developers are giving out great incentives such as free property management, vetted tenant placement, and offering to buy down points. Duplexes in my area have been sprouting up quickly due to high demand. New construction also will give you equity from day 1, not to mention all the years of cost segregation you will report every year. I'm currently in the process of closing and moving into my 2nd Duplex in which I will be living for free. 

If you're buying in a good area in Houston, you won't be able to weather a new construction duplex if you're trying to househack to save costs. It's heavily out of the money even in gentrifying areas, and absolutely out of the money in primo areas. If you're searching in greater Houston, maybe you'll be able to get by. 

New construction is the way to go if you are looking to reduce your risk exposure as a new investor or busy professional.
Everything is new so your cash flow is more certain and you will also get high quality tenants and which reduces a lot of stress and turnover as a landlord.
Houston has a lot of duplex and small multifamily to acquire.
Goodluck my friend @Ron Dancy

Investing in new construction duplexes in Houston is an excellent opportunity. With a growing demand for affordable housing and various ways to source properties, it's vital to consider factors like location, builder reputation, floor plans, amenities, and purchase price. This investment can provide low-maintenance, energy-efficient rental properties, but careful research and choice of the right opportunity are key to success in this promising market.