Prime location, right next to where the town events happen. 4th of July, city cookouts, festivals, etc. So the area is well maintained.
I remember reading a while back that you can get a 60% appreciation if you get in early on new neighborhoods.
All they posted online was floor plans for townhomes and duplexes, so I sent off an email asking for more info.
While waiting on that, thought I'd get some reading in.
This would be my first buy, and I'm planning on renting it out. Either the whole place or the rooms. Or the next door unit if it's a duplex.
I'm familiar with basics like cap rate, noi, etc. but that's about it.
Any reading recommendations or thoughts in general?
I remember reading a while back that you can get a 60% appreciation if you get in early on new neighborhoods.
All they posted online was floor plans for townhomes and duplexes, so I sent off an email asking for more info.
While waiting on that, thought I'd get some reading in.
This would be my first buy, and I'm planning on renting it out. Either the whole place or the rooms. Or the next door unit if it's a duplex.
I'm familiar with basics like cap rate, noi, etc. but that's about it.
Any reading recommendations or thoughts in general?
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