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Updated over 9 years ago, 05/13/2015

User Stats

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.

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