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Updated about 10 years ago on . Most recent reply

Account Closed
  • Real Estate Broker
  • Kansas City, MO
5
Votes |
20
Posts

Undesirable Property Attributes

Account Closed
  • Real Estate Broker
  • Kansas City, MO
Posted

What are some undesirable property attributes that a new investor might not think about when purchasing a property? For example, being across the street from a school sounds like a plus, but I am told that it is a negative (or at least doesn't increase value). And I wouldn't think having power lines behind your property would be a big deal, but I am told that it is. 

Most Popular Reply

User Stats

49
Posts
12
Votes
Rob Gleason
  • Investor
  • Atlanta, GA
12
Votes |
49
Posts
Rob Gleason
  • Investor
  • Atlanta, GA
Replied

Well first of all, I think " would I live here ?".  Then I look for anything that someone MIGHT find undesirable: noisy/large pet next door, messy neighbors, heavy drive by traffic...etc.  What are other rentals doing in the area?  Is there a lot of vacancy?  My thinking is that pretty much any property is rentable ....at the right price.

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