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Benefits of Investing in New Construction Real Estate

Norada Real Estate

They are typically not purchased from a builder or developer. New construction properties are those that are purchased directly from the builder or developer who constructed the property. Due to their modern amenities and energy-efficient features, new development might attract greater rentals than older residences.

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8 Red-hot Real Estate Niches That Can Double Your GCI in 2024

The Close

And with mortgage rates currently sitting around 8%, this puts homeownership on ice for many. Get exclusive rental contracts with developers How to Start Working Rentals If you’re working in a market that focuses on high-end luxury rentals, you can join a brokerage that focuses on rentals to tap into that market.