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Updated over 5 years ago,
Older property surrounded by newer developements
Hi BP!
I have an opportunity to purchase a Tri plex in a really good neighborhood/nicer part of town. This Tri was built in 1946 and it is surrounded by new developments. My question is, does that pose a risk for me in any way? Be it getting tenants or having to make way for further new developments? This will be my first deal if I go through with it.