Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

121
Posts
65
Votes
Jerome Kaidor
Pro Member
  • Investor
  • Hayward, CA
65
Votes |
121
Posts

Termite Quote

Jerome Kaidor
Pro Member
  • Investor
  • Hayward, CA
Posted

Hello,

   We just had a home inspection done on a property we're in contract to buy.  It's a 14-unit building.  They found subterranean termites all over - prescription is to treat the perimeter,  drilling in and putting insecticide - that's pretty standard and not too bad pricewise.

   The kicker is they found drywood termites in one ( just one! ) of the units.  Recommendation is to tent the structure.  Now that's SERIOUS cash.  And the tenants have to be put up in motels for 3 days IIRC.  Drywood termites are the ones that grow wings and go looking for a home.

  In another multifamily that I own ( 52 units, 7 buildings ) we have occasionally over the years encountered drywoods in our buildings, and we have *never* had to tent.  What we do is get our contractor to tear apart the wall, remove and replace the damaged wood.  Then while the wall is open, the termite guy comes out and inspects & treats.  His standard fee for that is $400.  Termite guy does his thing, the contractor puts the wall back together.  No tent, no motel.

   But now we have this termite report that says "tent".   I think this is a knee-jerk reaction of many pest control companies when they see drywood termites.   I may have to pass on this property if I can't get the seller to do the tenting.  I believe that banks are reluctant to lend without a clean structural pest report.

  • Jerome Kaidor
  • Loading replies...