Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
General Landlording & Rental Properties
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 over 9 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Mark Barton
  • Saint Louis, MO
0
Votes |
2
Posts

over 100yr old Brick 2 Flat in St.Louis

Mark Barton
  • Saint Louis, MO
Posted

Greetings,

I am in the process of buying a Brick 2 Flat Here in St. Louis that was built in 1908. Just got an inspection on it. Nothing really major from what the inspector could see. My only concern is that the water wasn't on during the inspection. The Seller actually showed up at the inspection and told me there was a water leak behind a wall panel. She wants to sell the property on a As/is basis. We initially thought we would go through the traditional Residential Contract with negotiations but she won't budge. Her Agent started the whole process with the wrong type of contract which is there mistake. My question is how bad can the plumbing be. I am going into to this blind not knowing what to expect with the plumbing. We are trying to get her to get the water cut on just so she can get someone to give an estimate on the cost of repair. I don't want to walk away from this sweet deal but I also don't want to have to cough $5000 just for water. Any advice

Most Popular Reply

User Stats

21
Posts
10
Votes
Dan Heymann
  • Rental Property Investor
  • Saint Louis, MO
10
Votes |
21
Posts
Dan Heymann
  • Rental Property Investor
  • Saint Louis, MO
Replied

Mark

I would pay or have the seller pay to have the water turn on for a day.  I would have a  licensed plumbing company set up for an hour that day to give me an price to repair.   It will be worth it for the piece of mind

Good luck!

  • Dan Heymann
  • Loading replies...