I am looking currently at about 5 properties to be my first IP (initially PPOR then IP). One of these properties backs onto the train line, this train line is raised which means you have no privacy what soever.
The asking price is 305K, whereas similar build houses in better location are fetching ~320K.
Should I try for this property (but what sort of discount?). Or should I just ignore as it is too much of a risk and I growth early on in my portfolio is very important??
What is everyones views/experience on train lines??
Cheers,
Chris
The asking price is 305K, whereas similar build houses in better location are fetching ~320K.
Should I try for this property (but what sort of discount?). Or should I just ignore as it is too much of a risk and I growth early on in my portfolio is very important??
What is everyones views/experience on train lines??
Cheers,
Chris