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 about 8 years ago,

User Stats

26
Posts
4
Votes
Christine Prelaz
  • Denver, CO
4
Votes |
26
Posts

Advice RE: Asbestos, mold, lead

Christine Prelaz
  • Denver, CO
Posted

I seemed to have hit the trifecta! I am in the process of putting an offer on a condo and the disclosure indicates lead paint (not too concerned about), mold from prior leak, and some asbestos. The mold and asbestos were mitigated by the HOA. We are in the process of obtaining more detailed information on the extent and mitigation so I don't currently have any specifics.

I am purchasing as my first rental with the intent of eventually  remodel and sell. The remodel should be relatively easy but that is where my concern about disturbing the asbestos comes in.  The margin on purchase may not be there to justify high costs of mitigation.
I need to decide whether to proceed or move on.  Any thoughts/advice/suggestions appreciated.  Thanks!

Loading replies...