I’m looking at Texas, where u can buy a $280,000 3/2 SFR (that looks brand new) and get $2,500 a month in rent!!

You're paying for a brand new build (with high build prices) but people will associate the age/condition with the existing old/leaky structure.

They scheduled schooling right before the test so it was fresh in their minds.

The quote comes in at $4,850 to get the property back into acceptable condition without all of the trim and door repairs/replacement.Do you pay the ~$5,000 and renew the lease for tenants that pay on time or start fresh (with repairs and finding a new tenant)?

In Hickory (about an hour away) I see some listings for brand new duplexes around $380k.

I am a brand new investor.

But if you are brand new and maybe want to start tracking your finances in an online system like QuickBooks Online, then it might would take some about 2-3 hours to get everything set up.

New construction offers a unique blend of potential high returns and control over the investment, making it an attractive option for those looking to diversify their portfolios.The Advantages of New Construction InvestmentCustomization and Control: New construction projects offer investors the chance to tailor properties to meet current market demands, ensuring higher occupancy rates and returns.Energy Efficiency and Sustainability: Modern constructions come with the latest in energy-saving technologies and sustainable materials, appealing to a growing eco-conscious tenant base.Lower Maintenance Costs: With everything brand new, the initial years following a new construction project see significantly lower maintenance costs compared to older properties.Tax Incentives: Many regions offer tax benefits for new construction projects, especially those that meet certain environmental or economic development criteria.How to Approach New Construction InvestmentEmulating Buffett's investment strategy involves careful market research, understanding local real estate dynamics, and potentially partnering with experienced developers.

Brand new to REI in the Houston area.

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