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Updated almost 10 years ago on . Most recent reply

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51
Posts
11
Votes
Jimmy H.
  • Investor
  • Houston, TX
11
Votes |
51
Posts

Properties on the elbow of L shaped roads

Jimmy H.
  • Investor
  • Houston, TX
Posted

So at times I come across potential properties to acquire but they are on the elbow of L shaped roads, where it could seem like having a car in your living room one of those nights when the driver is intoxicated or falls asleep.  

In your experiences, would most buyers pass on those properties unless a significant discount from the comps in the neighborhood?  I am thinking that I might have to take those negatives into consideration and discounted from the purchase price as I see issues with the number of buyers potentially cut in half.

Most Popular Reply

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5,028
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2,573
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
2,573
Votes |
5,028
Posts
Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Replied

I think you are reading into it waaaayyyyyy to much!!!!  Thats like saying I dont want to own property in Houston bc when they decide to launch the shuttle my home might get hit with flying debris that comes off the shuttle. 

Considering how hot your market is from what I hear, if its a good deal you need to take it.

  • Curt Davis

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