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Updated over 5 years ago on . Most recent reply

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195
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86
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Nhi Nguyen
  • Contractor / Flipper
  • Hayward, CA
86
Votes |
195
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Rail road right behind prop, which is also close to intersection

Nhi Nguyen
  • Contractor / Flipper
  • Hayward, CA
Posted

There’s train passing by about 2-3 times a day, honking when approaching the intersection. So it would honk right at the property.

Would you do it if the numbers work out and there’s still plenty upside ?

If you would, how much (% or fixed figure) lower would you offer?

If you wouldn’t, is that a firm answer every time there’s a railroad?

Thanks.

Most Popular Reply

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9,999
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Joe Splitrock
  • Rental Property Investor
  • Sioux Falls, SD
18,562
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9,999
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Joe Splitrock
  • Rental Property Investor
  • Sioux Falls, SD
ModeratorReplied

@Nhi Nguyen for me it is a hard pass on a railroad in back. Not only noise from the whistle but the house can vibrate. Someone may rent the property, but will move after they get sick of the train. I know of trains that only ran twice a day, then a new coal route opened and it went to 8 times a day. On top of the noise, the cars were open on top, so there was residue that was blowing off the cars. 

Trains still remain the least expensive transit route and with population increasing, it is unlikely the traffic will reduce in the future.

  • Joe Splitrock
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