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Updated almost 4 years ago,

User Stats

82
Posts
18
Votes
Nathan Letourneau
  • Investor
  • Hudson, WI
18
Votes |
82
Posts

Has anyone remodeled a house with prior meth usage

Nathan Letourneau
  • Investor
  • Hudson, WI
Posted

Curious if others have ever bought a prior meth house for remodeling to flip or rent?  Wondering if there is anything in particular to look out for....unexpected costs, liability issues, etc?  When you went to sell, (asssuming it was cleaned/remediated) how much did the meth stigma affect the final asking price?

Looked at a non-listed property in a B class area.  We agreed on a price, but before signing, something was said about prior drug use in the house.  I pulled police reports and saw a number of meth related calls at the house.  We agreed the property would be tested before moving forward with the sale.  Turns out it tested positive for meth in every room tested.  Now I'm trying to figure out if I even want to proceed.  Seller is willing to renegotiate price.  If I did move forward with it, I would have a professional remediate and a 3rd party retest to make sure it is clean.

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