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Updated almost 10 years ago,

User Stats

319
Posts
103
Votes
DJ Cummins
  • Rental Property Investor
  • Bethalto, IL
103
Votes |
319
Posts

The Graveyard Property

DJ Cummins
  • Rental Property Investor
  • Bethalto, IL
Posted

So...there is a property that has been on the market for over a year...it has had several large price reductions.  I'd say it would cash flow pretty well, and should have some built in equity.  I'm thinking it just hasn't sold because just beyond the fence in the back yard there is a cemetary.  Does anyone have some input about this? Will it be hard to find a renter?  Would it not get the rent it should actually get?  This property is on "THE" street you want to live on in this town.  Thoughts?

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