Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 1 year ago,
The VALUE of public transportation!
I'm located in the Bay Area, and we recently purchased a property very near BART, which is the rapid-transit in the area. This property is less than two blocks away from the BART station, which is not only going to add something like 100-150K to the bottom line of the property, but in addition, because we were so close to public transportation, we got to completely skip plan review (1-4 months) to add an extra unit at the back of the house!
Being near public transportation sure pays off. It's an amazing investment, especially in areas that haven't gentrified yet.