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Updated over 3 years ago on . Most recent reply

User Stats

46
Posts
41
Votes
Jordan Thompson
  • Insurance Agent
  • Concord, NC
41
Votes |
46
Posts

When is a retaining wall needed (with pics) ?

Jordan Thompson
  • Insurance Agent
  • Concord, NC
Posted

Good morning BP!

I’m considering purchasing a duplex but noticed some un-retained land next to the driveway that looks suspicious. A power pole is about 2-3 feet or so behind the top, and I think the septic tank is 10 ish feet behind that.

The property seems like a good deal; over 8% CoC return and low $300/ month of pure cash flow but that could be gone quickly with this problem.


Any experience stories or advice from the experts?  


Thanks!

Jordan

Most Popular Reply

User Stats

562
Posts
553
Votes
Dave E.
  • Rental Property Investor
  • Indianapolis, IN
553
Votes |
562
Posts
Dave E.
  • Rental Property Investor
  • Indianapolis, IN
Replied

@Jordan Thompson honestly, it looks pretty rocky and stable from the pictures. I’m not seeing any signs of erosion or deterioration. It may be fine just the way it is. If you are concerned about it have an engineer come check it out.

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