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Updated over 5 years ago on . Most recent reply

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8
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1
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Nathan Marden
  • UT (utah)
1
Votes |
8
Posts

Let’s talk about Meth

Nathan Marden
  • UT (utah)
Posted

We are in the due diligence phase of purchasing a 4-plex. We did a meth test and it came back at .49-.56/100cm2. We are in Utah so the legal amount before needing clean up is 1.0/100cm2.

We are planning to owner occupy with our 3 kids under 5. Is that amount of meth a big red flag??

Most Popular Reply

User Stats

141
Posts
120
Votes
Jaiden Olsen
  • Rental Property Investor
  • Kaysville, UT
120
Votes |
141
Posts
Jaiden Olsen
  • Rental Property Investor
  • Kaysville, UT
Replied

@Nathan Marden, If the numbers truly work, then make it happen. It is rare to find a 4-plex that works well here in Utah. Meth Remediation is not that expensive, especially if you just do it in one unit. I recently bought a property that had readings at 0.8/100cm2. To have it cleaned up only cost me $2,200. That is a pretty mild investment to get into your first property. It may seem like a lot up front, but if the numbers work, make it happen.

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