Do You Buy on Busy Roads?

[Charles Horning]

I'm curious as to who buys property that sits on busy roads or "double yellows". Have you found these properties to be any harder to sell for a flip? Also does it affect your appraisal value? I've been told while these properties may be slightly affected when going to resell, they may not affect appraisal values as much. I know this depends on factors such as area, noise pollution, proximity, etc...

Does anyone have insight on this topic?

[Dominick Johnson]

It won't effect appraisal value, however, it will be more difficult to sell than the exact same home on a cul-de-sac. As a general rule of thumb, I never buy a property that I would not feel my family would be safe living in. My first house was on a busy street and a drunk driver hit and totaled my car that was parked on the wide shoulder in front of my house. If that happens to a tenant they cant drive to work, have to buy a new car, stop paying rent, need to be evicted...avoid that.