Properties Near Railways

[Dan Mackin]

One of the areas that I am looking into properties has a major benefit coming in the next few years.  The train to downtown will be getting expanded to the area and should make the units in the area much more appealing than they are currently.  My question is, has anyone had problems with rentals too close to the tracks?  Some of the properties I am investigating back up to the tracks.  The properties themselves have great potential (The stations will be built within about a half mile), but I'm not sure if the proximity might be an issue.

[Royce Talbo]

@Dan Mackin  If you invest parallel to the tracks property value will decrease and rental prices will not be as high.  If you invest in properties perpendicular to the stations those within 1/4 mile will appreciate nicely and get the best rents.  the further out the less you will get but it will still go up.  not sure if i can post links on here, so just try googling something like investing near rail stations.