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Updated almost 8 years ago on . Most recent reply

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2
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Patricia Stewart
  • Investor
  • Rome, GA
1
Votes |
2
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Buying a Duplex Across from a Cemetery

Patricia Stewart
  • Investor
  • Rome, GA
Posted

Hello everyone!!

I have a question I am hoping you guys can help me with. I'm relatively new to investing, but am looking to build a portfolio. I currently own a duplex I purchased as my first home-- I reside in one side and rent the other. My "plan" at this point is to property hack and hop from multi-family to multi-family, acquiring rentals along the way. I am single with no kids, so this should not be too difficult for me.

I have located a duplex nearby that is listed in favor well above the 1% rule. It seemed too good to be true, so I looked a little closer at it, and found it is directly across from a medium-ish (maybe an acre) sized cemetery. While I take no personal issue with it, I wonder how that'll impact the rentability of it.

What is the risk in purchasing a rental in such close proximity to a cemetery? Should I just walk away, and not consider it? Or am I overreacting and it's really not a big deal? 

Thank you so much! 

Most Popular Reply

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113
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87
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Geoffrey Schnake
  • Property Manager
  • Saint Petersburg, FL
87
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113
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Geoffrey Schnake
  • Property Manager
  • Saint Petersburg, FL
Replied
neighbors are unlikely to be a problem

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