Are you looking to get your property rental-ready? With just a few updates, you can maximize your return on investment (ROI) and avoid costly liability issues, maintenance, or grievances down the road.
This is one of the many great debates among real estate investors, "Should I buy or build a new rental property," or "Should I buy an older property and potentially renovate?" Let's dig into the pros and cons of each property type and whether the property age matters for real estate investing? Find out if the age of a property matters for real estate investing.
In the aftermath of the Great Recession, for example, US home prices fell roughly 33% on average. But even if listed home prices don't drop a cent in the current pandemic-induced recession, there will still be plenty of opportunities for distressed sales.
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