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All Forum Posts by: Sean Keating

Sean Keating has started 9 posts and replied 15 times.

Post: Thoughts on buying a property with a shared septic from 1961

Sean KeatingPosted
  • Rental Property Investor
  • Snohomish, WA
  • Posts 17
  • Votes 2

I'm looking to buy a house hack and I found a property that I am interested in in Washington State and I'd hope to sell this one within 3-5 years.  My concern is that because of the septic's age, there might be a large cost coming down the line.  The sellers have mentioned that it was inspected and cleaned in Dec 2016.  Also, it is shared with one other house owned by others.  Should I be concerned with that as well?

Anyone thoughts or insights you could share on how you would make a decision on a property with a septic of this age?

Post: Water in crawl space, high water line, sump pump out

Sean KeatingPosted
  • Rental Property Investor
  • Snohomish, WA
  • Posts 17
  • Votes 2

I found a potential investment property and looks like it could be fantastic to fix up. The property hasn't be occupied for almost 2 years. Unable to do an inspection prior to an accepted offer, I started looking around for any information I could on the property. I found out that the property is on a high water table and there was a sump pump in the crawl space to help with excess water. Then, I was told that 6 months ago that someone had visited the site, and discovered there was at least a couple inches of standing water in the crawl space. Making me assume the sump pump was not running/functioning and the water could have been there for even longer.

I'm wondering what kind of damage the standing water in the crawl space could have caused. What should I look for if we go in with an offer to do an inspection. Has anyone had experience with something similar? What was the result? What did you have to do? Should I even think about a property like this?

Post: Water in crawl space, high water line, sump pump out

Sean KeatingPosted
  • Rental Property Investor
  • Snohomish, WA
  • Posts 17
  • Votes 2

I found a potential investment property and looks like it could be fantastic to fix up.  The property hasn't be occupied for almost 2 years.  Unable to do an inspection prior to an accepted offer, I started looking around for any information I could on the property.  I found out that the property is on a high water table and there was a sump pump in the crawl space to help with excess water.  Then, I was told that 6 months ago that someone had visited the site, and discovered there was at least a couple inches of standing water in the crawl space.  Making me assume the sump pump was not running/functioning and the water could have been there for even longer.

I'm wondering what kind of damage the standing water in the crawl space could have caused.  What should I look for if we go in with an offer to do an inspection.  Has anyone had experience with something similar?  What was the result?  What did you have to do?  Should I even think about a property like this?

Post: New Investor how are people finding deals?

Sean KeatingPosted
  • Rental Property Investor
  • Snohomish, WA
  • Posts 17
  • Votes 2

Thanks for the advise @Geordy Rostad I'll try those out.  Also, thanks for the resource buildingsbyowner.com I have not seen that before.  Have you had a luck with that?

Post: New Investor how are people finding deals?

Sean KeatingPosted
  • Rental Property Investor
  • Snohomish, WA
  • Posts 17
  • Votes 2

I'm a new investor in Alaska and I'm curious what markets people are looking in and how they are acquiring their deals.  I have been looking through listings and nothing seems to be that right fit.  Any suggestions?

Thanks in advance!