All Topics / Creative Investing / Regarding zones

Viewing 4 posts - 1 through 4 (of 4 total)
  • Profile photo of jk20013jk20013
    Participant
    @jk20013
    Join Date: 2003
    Post Count: 4
    September 21, 2009 - 3:17 pm

    Hi,

    A basic question: if there were 2 identical residential properties, would you buy the investment property with a mixed use zone or the residential 2(a) and why?

    Thanks.

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856
    September 22, 2009 - 12:25 pm

    A mixed use zoning will allow you to rent to a wider range of tenants eg business user. Each case is subjective and would depend upon the area that the property is located, the prospects for the area etc.

    Profile photo of TheBishTheBish
    Participant
    @thebish
    Join Date: 2007
    Post Count: 59
    November 3, 2009 - 11:11 am

    I would definitely buy the mixed use – the value of a property should reflect its potential usage – eg in respect of zoning in this case – mixed use zoning having a higher value than residential

    Cheers
    The Bish

    Profile photo of jk20013jk20013
    Participant
    @jk20013
    Join Date: 2003
    Post Count: 4
    November 24, 2009 - 12:02 am

    Thanks

Viewing 4 posts - 1 through 4 (of 4 total)

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