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Updated about 5 years ago on . Most recent reply

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107
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Derek Okahashi
  • Realtor
  • Mililani, HI
47
Votes |
107
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Mold throughout this flip

Derek Okahashi
  • Realtor
  • Mililani, HI
Posted

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.

Most Popular Reply

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17,995
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J Scott
  • Investor
  • Sarasota, FL
17,196
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J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied

I would recommend making sure you follow all applicable licensing laws and disposal regulations. Especially given that you will likely want to disclose when you resell. But if you can do that, no reason not to use your own contractors to save money.

Also, you'll probably want to get a third party testing company to do a post remediation clearance test to verify that everything was sufficiently remediated.

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