Thoughts on Buying Connected Homes
Hello (local) Bigger Pockets Community! I'm still a beginner and have lots to learn. I just wanted to get an insight from those experienced with the market. How do you feel about buying homes that are connected? For example, I found an off-market home but the house is sandwiched in between two houses. Ultimately, I would be sharing the wall and would be liable for any damage that their property would place upon mine in the case of an accident or poorly taken care off properties. I'd appreciate any responses! Thank you!
Most Popular Reply
Adrien, welcome! I'm not an experienced investor, but have grown up with "row homes" in eastern PA. Aside from carrying the proper home (or landlord) insurance you basically "get what you get". It sounds like you already understand that we can't pick our neighbors and their habits, but scoping out the condition of the connected homes is what I would do. Where I grew up there were always the run down homes and then the nice homes...they never seemed to break from that cycle.