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Updated about 5 years ago on . Most recent reply

Fred Shandler's profile image
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Fred Shandler
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  • from Jersey City, New Jersey
  • Member since Jan 4, 2008
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Fred Shandler's profile image
Fred Shandler's profile image
Fred Shandler
  • Real Estate Investor
  • from Jersey City, New Jersey
  • Member since Jan 4, 2008
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Fred Shandler
  • Real Estate Investor
  • Jersey City, NJ
1
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203
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General Real Estate Investing

Do you buy a house that shows signs of water in basement?

Fred Shandler
  • Real Estate Investor
  • Jersey City, NJ
Posted

How do you guys feel about this? Is this something that will alter your decision to buy (particularly for renting)?

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Richard F.'s profile image
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Richard F.
  • #1 Tenant Screening Contributor
  • Property Manager
  • from Honolulu, HI
  • Member since Jan 5, 2008
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Richard F.'s profile image
Richard F.'s profile image
Richard F.
  • #1 Tenant Screening Contributor
  • Property Manager
  • from Honolulu, HI
  • Member since Jan 5, 2008
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Richard F.#1 Tenant Screening Contributor
  • Property Manager
  • Honolulu, HI
1,583
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Richard F.#1 Tenant Screening Contributor
  • Property Manager
  • Honolulu, HI
Replied

I propose a Rule of Thumb: The higher the waterline, the lower the offer!

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