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re: Buying a first home
Posted on 11/18/14 at 12:01 am to jacquespene8
Posted on 11/18/14 at 12:01 am to jacquespene8
quote:
I think it's actually "you want a bottom third house in a top third neighborhood" I think I heard it that way.
Not specifically agreeing or disagreeing with you but it certainly isn't the worst house in the neighborhood.
I've done the nicest house in a neighborhood trick, I knew it going in and there were mitigating factors. But it was not good at the end. I know folks who have done the worst house in a neighborhood trick, in a slow market it is doubly bad and can hurt the rental possibilities. Admittedly, in a medium or brisk market it can be OK.
This post was edited on 11/18/14 at 12:03 am
Posted on 11/18/14 at 6:59 am to soccerfüt
Forget Lakeview...wildly overpriced. I'd be looking for a double or house w apartment in the university area. You'll pay, but the future investment potential as a student or faculty rental is much more stable in the long term. Something like this: LINK
Already has a 1br/ba downstairs, with space to expand. Offstreet parking. Walking distance to Tulane/Loyola.
Already has a 1br/ba downstairs, with space to expand. Offstreet parking. Walking distance to Tulane/Loyola.
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