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Updated 10 months ago on . Most recent reply

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17
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5
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Corbin H.
  • New to Real Estate
  • Washington
5
Votes |
17
Posts

How to fund massive unexpected repair

Corbin H.
  • New to Real Estate
  • Washington
Posted

I had a sewer line collapse at my rental. The city came out and said it isn't city responsibility. Insurance came out and said it isn't covered. Plumbing company doesn't have a payment plan. All in they want $20k that I don't have. I've had this rental for 10 years and never had a massive repair like this. Do I have any other options that maybe I don't know about? 

Most Popular Reply

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6,894
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Matthew Paul#1 Contractors Contributor
  • Severna Park, MD
7,474
Votes |
6,894
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Matthew Paul#1 Contractors Contributor
  • Severna Park, MD
Replied

Get other estimates .  I have dug many a sewer line .  Unless its a 15 ft or deeper dig or road repairs , thats a high price ( based on Maryland ) .  Back 20 years ago doing new construction we could knock out 3 connections a day .  At  that number we could have retired after 2 years 

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