Potential building issues for older (pre-1960) properties

[Jack Wang]

There are a lot of properties in my area that are fairly old, especially multifamily properties. I wanted to create a checklist of potential major problems to look out for when considering older properties (pre-1960 build), especially regarding deferred capital expenditures. Basically stuff that could catch me by surprise down the line with a significant expense.

Here are some that I'm aware of:

- Galvanized pipes - typically 40-50 useful life, could rust from the inside out, could get eventual pipe failure

- Zinsco or Fed Pacific electric panels w/ aluminum wiring that could be a major fire hazard

- Wiring in general (e.g. knob and tube)

- Asbestos in the walls

- Lead paint

- Heating system - boiler?

- Sewer scope inspection?

- Foundation issues - should be more obvious

What else am I missing?

[George Voutsinos]

@Jack Wang I think you covered almost everything on that list you mentioned. Light fixtures still may be old T12 fluorescent bulbs or incandescent bulbs in older builders that have been deferred. Obviously those lights should be upgraded to LED.