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Updated over 8 years ago on . Most recent reply

User Stats

118
Posts
90
Votes
Katrina Razavi
  • Rental Property Investor
  • San Francisco, CA
90
Votes |
118
Posts

Property near fwy?

Katrina Razavi
  • Rental Property Investor
  • San Francisco, CA
Posted

Hi there BP Friends! I'm looking to buy my first income property (MFR) I found a decent deal in the area I want to invest in but it's near a freeway. The area is good and the price is low likely because it's so close to the freeway. Wanting to know what you guys think about this? I'm afraid of turnover + appreciation of the property b/c it's so close to freeway. Would love to know your thoughts!

  • Katrina Razavi
  • Most Popular Reply

    User Stats

    28
    Posts
    16
    Votes
    Jessica Riley
    • Real Estate Agent
    • Encinitas, CA
    16
    Votes |
    28
    Posts
    Jessica Riley
    • Real Estate Agent
    • Encinitas, CA
    Replied

    I have lived near a freeway and hated it. Similarly with loud streets or near loud trains. Imo the property value will be hurt by this "economic obsolence" and turnover will be high or residents may be cranky from not sleeping well.

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