All Forum Posts by: Jared Lane

@Wesley W.  working the issue from the exterior was one of my considerations but it would all need to be done by hand. The houses are too close to get any type of machinery in there. And I dont really know how far down I would need to go.

@Bjorn Ahlblad , Yes those are always my first go-tos. I even went a step further this time and had the old gutters replaced, etended downspouts much further from the house and had the yard completely tilled up and regraded away from the property and unfortunately that did not do the trick this time. I believe the old basement walls are just in too bad of shape or its ground water coming up from below. This will likely be my last investment property with a basement. They've just been a money pit.

@Theresa Harris I understand the point of your question. Weighing the lost rent vs the expense I get, however at the moment I don't really have the means to access the $9k. I can't forget the drywall removal because it is a necessary part of installing the french drain. The sump pump alone will not solve anything without the drainage leading the water to the sump. But without REINSTALLING the walls, I could expect a few months for the drainage and sump pit. This is a low rent property; only $550.

Mike, water is coming in from the walls. They are old poured stone. I have had to get several french drains installed in basements here in the past few years by different contractors and they have all ranged between 6k and 13k. Certainly not just installing a $500 sump pump. I sure wish that was all!  Quotes to attempt to fix the walls or cover with a shotcrete have been pretty similar to the drain. 

The work will involve ripping out the studs and drywall in the basement so that the floor can be jackhammered and a drainage system and sump can be installed. I can do a lot of this work myself over time but I cant do this while they are occupying the property. The tenants were using the partially finished portion as an extra bedroom. The value of this house does not justify the cost to have a contractor do all the work when I can do a lot myself. The covid issue already has me leveraged more than I like with multiple tenants not paying full rent.

Hello everyone. I have run into a situation that I haven't encountered before and was looking for some advice. We have been getting a lot of rain here in Ohio and one of my properties started having some pretty bad basement flooding issues. We have tried to rule out all the cheaper solutions that tend to solve the problems but this time it's more serious and will be a lot of money to repair properly. I don't have the money for the repairs right now so I am considering just telling the tenant they are welcome to break the lease and of course all of their deposits will be refunded, but they don't seem to want to leave. I don't want them getting sick and I also don't want to be liable for anything that can arise from mold if they continue to stay in the property. What should I do if I offer for them to leave with a refund and they don't want to?