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How to detect bad property in real estate
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[QUOTE="Johnson2468, post: 321893, member: 93261"] Here are some tips on how to detect bad property in real estate. Location: The property's location is one of the most important things to take into account. Lack of demand, a low resale value, and trouble finding tenants are all consequences of poor location. Search for homes in enviable locations with convenient access to services and transit. Condition of the property: Look for any indications of deterioration, such as foundation cracks, mold growth, or water damage. A property in disrepair may be expensive to fix and may not appeal to prospective tenants or buyers. History of the property: Look into the history of the property for any liens, title problems, or previous renovations. The cost of fixing these problems could reduce the property's appeal to prospective tenants or buyers. [/QUOTE]
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