Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago,
Mold throughout this flip
I am getting everything in line to purchase a flip that has mold throughout following a water leak that went undetected for an unknown amount of time (months...).
I have quotes for remediation and the biggest cost is demo and hazmat disposal. All together the demo, disposal, and remediation is coming out to approximately $55k.
Here in Hawaii they burn just about all trash anyways. I’ve worked and trained in OSHA compliance before and I get that mold is the new asbestos. I don’t want to get sued or have any legal issues.
Anyone ever tackle a huge mold problem themselves? Sounds like with proper PPE and precautions I can have guys do the demo and disposal for a fraction of the cost.
Mahalo and thank you in advance for any insight.