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 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
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
Real Estate Deal Analysis & Advice
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 1 year ago on . Most recent reply

User Stats

25
Posts
8
Votes
Kye Matthews-Mason
  • Flipper/Rehabber
  • Los Angeles, CA
8
Votes |
25
Posts

Fieldstone Foundation, basement moisture and asbestos

Kye Matthews-Mason
  • Flipper/Rehabber
  • Los Angeles, CA
Posted

I've been looking into the cleveland ohio market for some time and found in inspections that a ton of homes are fieldstone foundation based and causing moisture in the basement. I am being told by a few folks that this is common for these older homes in cleveland and there's potential to fix this issue with a sump pump installation and strong dehumidifier that can all together take between $11K-20K to fix. Is anyone familiar with homes in Cleveland? Is this common and also do these numbers sound accurate? Also can fixing this issue in any way bring the ARV up?

Most Popular Reply

User Stats

585
Posts
654
Votes
Austin Steed
  • Real Estate Agent
  • Columbus, OH
654
Votes |
585
Posts
Austin Steed
  • Real Estate Agent
  • Columbus, OH
Replied

A sump pump and dehumidifier wouldn't be that costly. 

But if you do a french drawn on all the exterior basement walls that sounds about right!  My understanding is that this is the best way to do things. Just a sump pump would help a lot to prevent flooding but really you want all the water directed to that sump pump with a perforated pipe under the concrete on the exterior walls. 

Hope this helps!

  • Austin Steed
business profile image
Lim Realty Group

Loading replies...