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Updated over 2 years ago, 05/19/2022
collaborating with neighboring property owners
Curious if there are any positive stories the community has in working the owners of neighboring properties for a mutual benefit. Scenario below:
I own a 4 unit property in a C/D class neighborhood. There is an incredible amount of foot traffic in the backyard in-between a few properties at as they sit on the end of the block. I have came to realize that this create a lot of problems for the surround properties. It is my goal to work with the neighboring multi family properties to collaboratively construct a fence to deter said foot traffic.
I have began the process of contacting the owner, but interested to hear of any similar situations.... either good or bad!
- Real Estate Broker
- Cody, WY
- 40,452
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It's hit-or-miss. Some neighbors are concerned, others could care less as long as rent is paid each month. You can try to collaborate, but be prepared to pay for the full cost out of pocket.
- Nathan Gesner