BAD SEPTIC - GOOD DEAL?

[Rachel Luoto]

Nice B class Duplex in A class location, $100,000 short sale Units rent $1500/month total FAILED septic What would you do? Is this a red flag, or an opportunity for someone willing to put in the work? Discuss :)

[Gino Barbaro]

@Rachel Luoto

Hi Rachel

Failed can meet certain things.  DO you have to replace the fields, or just some.  Do you have to expand the fields, and if so, do you have the extra land.  In NY, it is expensive and a pain to get the town and BD of Health involved once a septic field has to be repaired/replaced.  Get a professional out there ASAP and find out if you can fix and and for how much.  If you can fix the problem, then you've got a deal.

Gino