Contractors
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
Foundation Issues in Wisconsin - What to do?!
Hey all - I'm evaluating a property just south of Madison, WI, and there are obvious problems with the foundation. However, I don't know the solutions, and more importantly the cost. When I toured, a few things I noticed:
- Blocks, which presumably were used to support the exterior walls, are fallen to the ground.
- Jack posts had sunk into the dirt floor in spots, and were not supporting floor joists.
- Questionable exterior wall condition
Photos are attached - what would you do if you saw this property? Before I do anything, I plan to get an expert's opinion, but looking for initial feedback & ballpark. Are we talking $5k, 30k, or "wouldn't touch."
Thanks!