No matter how fabulous a property make look or how excellent the price may be, it can all come undone by just one essential detail- the neighbours.
Not only can bad neighbours affect the rental price that you can demand but potentially, your property’s long term capital growth.
Here are a few tips from RealRenta on how to spot bad neighbours:
- Their properties are neglected and in need of repair
- There are a high number of vacant and foreclosed properties in your immediate area
- Pets are neglected and roaming the streets
- Lots of parties very late at night
- Unusually high numbers of cars parked at the property or coming and going.
- Dogs barking uncontrollably
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