Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago,

Account Closed
  • Real Estate Investor
  • Columbia, PA
5
Votes |
28
Posts

Rental Property to Purchase For Rent - Poor Parking

Account Closed
  • Real Estate Investor
  • Columbia, PA
Posted

Good Afternoon,

I have a single family home that is up for sale that i'm looking to potentially purchase. All the numbers work out well in my favor. The only down side is that there is literally only 1 parking space and no other off street or even on street parking. It's a 3/1 and i'd keep it as such. The numbers aren't high enough to flip, but work out well to fix up and rent and a cashflow of $302/mo+.

My only concern is the parking situation. Am i limiting the audience that would be willing to rent. with a 3/1 you almost expect 2 cars...

Any advice? Walk away or do the deal?

Loading replies...