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Updated almost 2 years ago,

User Stats

20
Posts
18
Votes
Gabriel Hall
18
Votes |
20
Posts

Do you think rental property along the Metro expansions will appreciate above average

Gabriel Hall
Posted

I'm looking at a deal along an area that the Metro is going to be expanding soon.  The construction process is going to be a mess, so just maintaining it at par through that process--keeping it rented at current market rents--makes the deal a base hit.  My thought process is that once the light rail is operational, very close by, I can turn it into an airBNB and have a nice little place just a few minute ride from all of downtown's attractions.  A few year's further and it might garner interest from a developer for a bigger multi-family build or other use.


Has anyone analyzed this or read solid studies on the matter?