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Updated over 9 years ago on . Most recent reply
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Property Next Door devaluing my purchase
Hi,
I am about to purchase a property to flip. The house is in a good neighborhood, good shape and does not need much rehab work. The only thing I am hesitant about is that across the street, there is a property with a weird construction: a garage with a huge (metal) roof, which could be visually disturbing for some people. It is actually a very good deal, but I am afraid that this feature could delay the flip/ reduce my margin. What is your advice?
Most Popular Reply
I did a flip in an area next to a run down, weeds growing out the roof, vacant property. Didn't affect the sale of my property one bit.
I just checked to see what the house looked like on Google street view.
https://www.google.com/maps/place/Ferndale,+MI/@42...
My flip is on the left, the vacant one on the right. My contractor is in the driveway.
Flip after