Latest / Brick to the Future: Property Investment Show
S3 E6 The fears of building new Pt.2: The reasons why it makes sense to build new.
The second part of this series is all about the reasons why it makes financial sense to build a new property, rather than buying established.
Cam introduces a foundational point: If you think about 2 properties, one new and one looking tired, the newer one will rent faster and for more each week.
Cam and Matt discuss the following points:
Repairs and maintenance - buying existing can cost thousands in hidden issues i.e painting over cracks to hide foundation issues
Like new cars, new homes still require maintenance, but there are less risks of hidden major issues.
If you are an owner builder…
The skinny
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