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Updated over 3 years ago on . Most recent reply

User Stats

14
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12
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Niklas Hilmoe
  • Akron, OH
12
Votes |
14
Posts

Flipping a House that Fronts a Road with Thru Traffic

Niklas Hilmoe
  • Akron, OH
Posted

House flippers!! Would you flip a house that fronts a road that isn't MAJOR, but has a decent amount of thru traffic?? Let me know if your answer changes based on hot/cold market, amount of room for homeowner to turn their car around (don't have to backup onto street, front yard size, and expected profit (for buffer in case ARV is off).

Thanks!

Most Popular Reply

User Stats

1,013
Posts
605
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Brad Hammond
  • Real Estate Agent
  • Portland, OR
605
Votes |
1,013
Posts
Brad Hammond
  • Real Estate Agent
  • Portland, OR
Replied

Hey @Niklas Hilmoe, I'm not a flipper though I represent them. As an agent, I can tell you that homes on busy streets or frontage roads are more difficult to sell. Since markets are cooling down, you might want to factor that into the ARV.

  • Brad Hammond

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