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Updated almost 8 years ago on . Most recent reply
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6.5 foot Ceilings, is this a concern
I am looking at making an offer on my second investment property. It is a 1920's built unique 2/1 upstairs, 1/1 downstairs, recently renovated, and in a good neighborhood. It just got back on the market after the deal fell through. The previous buyer backed out because the downstairs unit has ceilings that are "about 6 and a half feet high". I have yet to see it in person, but other than this I am very interested in the property.
The property has tenants in place already, and both units were rented out in 3 days (according to the selling agent). Should this be a concern? Has anyone dealt with low ceilings (or something similar), that made their property harder to rent?
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Not a problem if you're a hobbit!
It will limit your potential tenant pool. I'm 6'2" so no way would I have ever considered renting something with that low of ceilings. But maybe you can get it at a steal because of that and have more in the budget for vacancies.