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.
Rehabbing & House Flipping
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

257
Posts
18
Votes
Mark Beekman
  • Investor
  • Phoenixville, PA
18
Votes |
257
Posts

This condo is a S***hole -- Literally!

Mark Beekman
  • Investor
  • Phoenixville, PA
Posted

I went to see an REO condo today and ALL of the carpets are wet, ALL of the walls have mold on them about two feet up from the floor, and there are sewer flies EVERYWHERE! And, yes, poop. Lots and lots of poop.

The condo was owned by a 63 year old woman who lived alone. She moved out and the house has been vacant for about a month. I can only assume that there was a sewer backup.

Leave it to me to see potential dollar signs in a poop-filled property, but I have a feeling the condition of this condo will weed out much of the competition.

My main question, though, is what kind of unforeseen damage can I expect? Is a month or less of sewage water enough to weaken structural lumber? I suppose a company like ServePro is the way to go for a cleanup like this. Anyone have any experience with them or any other advice on what I should take into consideration?

Loading replies...