Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 6 months ago on . Most recent reply

User Stats

139
Posts
60
Votes
Marc Shin
60
Votes |
139
Posts

Under contract on an Older Home (early 1900's).. issues

Marc Shin
Posted

I'm under contract on an older-home.  Like early 1900's in Florida. Home inspection completed yesterday.   The 2 main issues are that there's a leak in one of the bathrooms that is causing water to flow under the sub-floor and into the crawlspace.  Also, the home has some cast-iron piping that is mixed in with newer PVC piping. I think all the cast-iron piping would need to be replaced.  Also, I ordered a sewer scope and they could not get the scope all the way through to the main sewer line because of some blockage so i have no idea if the main sewer line looks ok

.  Also the inspection photos show some of the roof joists look like they're partially cracked.    I'm a first time investor, and all these things are adding up to be a huge headache and source of anxiety for me. SHould I just pass on this old property and look into new construction?   Real newbie here need advice! 

Loading replies...