08-03-2009, 10:23 AM
Three rules to realestate still apply....location, location, location.
Doesn't matter how much you like the house if you try to sell it later and its in a crappy location then good luck. John's point is buy the house as a business proposition (would someone else buy this property later). You can always add home touches, landscaping, improvemtns, and paint but if you are next to a really negative property (bad views, noisy road, high crime neighborhood.....) thats hard to fix.
Doesn't matter how much you like the house if you try to sell it later and its in a crappy location then good luck. John's point is buy the house as a business proposition (would someone else buy this property later). You can always add home touches, landscaping, improvemtns, and paint but if you are next to a really negative property (bad views, noisy road, high crime neighborhood.....) thats hard to fix.