Skip to content
×
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
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
~$5,000+ potential annual savings on vetted partner products
10+ deal analysis calculators with ready-to-share reports
Lawyer-reviewed leases for every state ($99/package value)
Pro badge for priority visibility in the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
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

46
Posts
9
Votes
Holly Scott
  • Divide, CO
9
Votes |
46
Posts

Crawl Space Vapor Barrier Costs in Colorado

Holly Scott
  • Divide, CO
Posted

Hi all!

I am in kind of a unique situation with my seller, as he is an attorney overseeing a bankruptcy case and multiple homes within the bankruptcy. Anyway, he gave my realtor and I an opportunity to go to the property (the home was locked however, and he had not yet changed the locks) to ensure it was vacant and we peeked in the crawl space and found there is water in there. The source is from a leak in the kitchen. After that, we told the attorney there was an issue with plumbing and water in the crawl space and he then basically said he wouldn't let us in until we had made him an offer and were under contract, so I have no way of determining the extend of the damage, or getting inspections/bids until after we are in contract. 

As you can imagine this is making it very difficult for me to come up with good, accurate rehab costs and what I want to offer him. We will definitely ensure he does flood and mold remediation as part of the contract, and he believes this is something that insurance will cover, which they have to have for each property through the bankruptcy process.

However, I am hoping someone may have a ball park idea of what it would cost to do a vapor barrier in there once the remediation is complete? I need to try and budget for this.

Thank you!

btw, any other flippers in Colorado , I would love to network with you!

Most Popular Reply

User Stats

1,675
Posts
840
Votes
Jim Adrian
  • Architect
  • Papillion, NE
840
Votes |
1,675
Posts
Jim Adrian
  • Architect
  • Papillion, NE
Replied

@Holly Scott

One option is to spray foam the floor under the floor with 4" minimum (~R-24).   Using a closed cell spray foam will create a vapor barrier as well.  2012 IECC (energy code) states R-30 but allows R-19 in framing cavities.   You need 3.5" to 5" of insulation (R-6 per inch with spray foam), more is always better.

Loading replies...