Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 about 7 years ago on . Most recent reply

User Stats

9
Posts
4
Votes
Eric Schuster
  • Newport News, VA
4
Votes |
9
Posts

Stay away from house on main road??

Eric Schuster
  • Newport News, VA
Posted

There's a house on the "main road" that I'm interested in, but my realtor says we should look for one not on the main road. 

The house is in a very desirable neighborhood because of the school district. The house is listed for 130k, foreclosure. Houses that are further in the neighborhood, comparable size, are 230k.

I plan on buying and renting it out for a long-term buy-and-hold strategy. But I'm brand new to this and don't know what I'm doing. Do renters refuse to rent houses on the main road even if it's a desirable neighborhood?

Most Popular Reply

User Stats

492
Posts
528
Votes
Russell Holmes
  • Real Estate Broker
  • Apopka, FL
528
Votes |
492
Posts
Russell Holmes
  • Real Estate Broker
  • Apopka, FL
Replied
Another small detail that can make a large difference in usability: can one turn around in the driveway or is there a horseshoe or loop driveway? In my area there are lots of houses that, when built, were likely on small rural roads. Those roads have since widened and now access whole neighborhoods and expansion. The ones with enough room to pull in forward, turn around at some point, and pull out forward seem fine. They all seem to fence the back and use the front yard only for parking and access. If the driveway is short and forces people to back on to a main road, I'd pass it up

Loading replies...