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All Forum Posts by: Silvia Ochoa

Silvia Ochoa has started 17 posts and replied 52 times.

Post: Build to Rent? Does anyone do this?

Silvia Ochoa
Pro Member
Posted
  • Real Estate Agent
  • Dallas TX
  • Posts 53
  • Votes 13

You might be right @Dakota Ferguson. I really dont know what the construction costs would be for a new build but seeing small dilapidated houses go for 130k in bad neighborhoods, makes me think I could do better. Plus no hidden repairs or surprises. I think the biggest drawback would be the time it takes to actually start making money. 

Post: Build to Rent? Does anyone do this?

Silvia Ochoa
Pro Member
Posted
  • Real Estate Agent
  • Dallas TX
  • Posts 53
  • Votes 13

DFW housing market is super hot (expensive) as you all know, which makes it very difficult for a newbie like me to get in the game. So it got me thinking, why not build on one of these small lots in South Dallas. Small 1300 sqft house on a small 7000 sqft lot. My thought was to use it as a rental.  I was wondering if anyone has any experience doing this or if it would even be profitable.