Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Real Estate Deal Analysis & Advice
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 over 5 years ago,

Account Closed
  • Rental Property Investor
  • Chicago, IL
7
Votes |
15
Posts

Buying a house 2 doors down from an eye soar abandoned house!

Account Closed
  • Rental Property Investor
  • Chicago, IL
Posted

Hi all!

So my agent has brought me a deal that fits my criteria. Sfh, 4 bed, 1.5 baths (and plumbing for another in the basement), brick home and in a decent C neighborhood. Need a full rehab.

My goal is to flip it and if everything goes as planned I will see a 30k profit according to my calculations.

My resistance is that there is an ugly house two doors down that is abandoned and doesn’t have a window on the top level. Someone bought the house about 9 months ago but has done nothing to it. Would this be a deal breaker for you?

There’s also a vacant lot right across the street just ahead of railroad tracks. Is this a deal breaker for you?

What’s your Insight from experience?

Thanks!

Loading replies...