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Personal Finance (Not Investing) • Neighbor's home as investment property - what to do?

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Generally, I am very pro real estate as a way of building wealth. And Sandtrap is an excellent source of advice as it relates to real estate. This one has me puzzled a bit:
1. I think you will be over extended with leveraged assets if you buy this house.
2. You need time to work though your most recent commercial real estate purchase
3. The property you are looking at, looks like it will be sold irrespective of your involvement.
4. More then likely there will be a much better neighbor (let them fix up the place).
5. You can not control every neighbor. (What if another neighbor puts their house up for sale are you going to buy that house also? To prevent a potential bad neighbor)
6. I realize that you now see the light at the end but I think I let fate take its course.

Statistics: Posted by Wricha — Mon Aug 19, 2024 9:00 pm — Replies 3 — Views 329



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