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Updated 13 days ago on . Most recent reply
SFH with street parking only
My GC and I are visiting a property at 10 AM tomorrow that we are looking to potentially flip, however my concern is that there is only "street parking", no driveway. It is located in a desirable location, but want to hear your thoughts on how the inconvenience of no parking in the property can impact ARV.
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So, I'd look to the other properties and ask whether the ones on the street also had only street parking versus access to a driveway. If your property is the only one without a driveway, then yes, it may lower your ARV.
One of the properties I own has a neighboring property that is the only property in the area without a backyard and without a driveway, and it is fairly lower than all the neighboring properties, although it is nearly identical in structure.