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Updated about 6 years ago on . Most recent reply

Robyn Gersh's profile image
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Robyn Gersh
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Robyn Gersh
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Robyn Gersh
  • Flipper/Rehabber
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Rehabbing & House Flipping

Flipping a property

Robyn Gersh
  • Flipper/Rehabber
  • Boston, MA
Posted
What are people’s thoughts on buying a house on a main road. There is an easement and it’s set back behind another house.
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J Scott
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ModeratorReplied

As I've learned over the years, there is a buyer for *any* property at the right price. In other words, nothing wrong with buying a house on a main road, as long as your ARV/resale price accounts for it.

Make sure that your comp analysis factors this in and provides a sufficient adjustment for any comps that aren't on this road.  If the numbers still work, go for it.

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