Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 almost 6 years ago, 02/12/2019

User Stats

376
Posts
158
Votes
Cassandra Sifford
  • Rental Property Investor
  • New Castle, DE
158
Votes |
376
Posts

DILEMMA - DE Vacant Property Next Door w/ Water Leak

Cassandra Sifford
  • Rental Property Investor
  • New Castle, DE
Posted

HAPPY FRIDAY BP Fam!!!  I'm wrapping up with renovating my 1st investment property in New Castle, DE.  My contractor was going to install the vinyl plank flooring, but called today to let me know that there was water sitting on the concrete sub-floor.  It looks like the water is coming from the shared wall with the vacant property next door.  I was interested in purchasing the property so I started some research on locating the owner (found his name on the NCC parcel site).  I've looked in the condensation covered windows and noticed mold covers about two feet up on the walls and the ceiling above the stairs has fallen down.  Hanging on the front door knob is also a water shut off notice stating there is a bill of about $1500.  I spoke with the neighbor on the other side and she advised that no one has lived there for over 5 years.  I was going to send him a yellow letter to inquire about purchasing the property, but this is a more pressing matter.  

Does anyone have any thoughts on how I should handle the situation?  I'm a bit of a risk taker and was going to go to another property that is listed under his name and ask the tenant for his phone number.  I was also going to call the county with the concern, but I never expect someone to do their job in a timely manner smh  Any help is GREATLY appreciated!

Enjoy your day ... Cassandra

Loading replies...