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Results (10,000+)
Scott Ublacker Underground Oil Tank
25 September 2020 | 3 replies
Usually, only heating oil USTs associated with commercial properties are regulated. thus, most home heating oil tanks may and often are taken out of service without any oversight from state regulators.Second- the rules that are in effect for heating oil tanks are usually less stringent than for diesel or gasoline tanks since heating oil tends to thicker and may not migrate as far. as a result, many states just require tanks to be cleaned out. they may also require the tanks to be filled with sand or concrete to prevent collapse. but sampling may not be required.Third- the key to determining if a tank has leaked is to collect soil samples from around and beneath the tank (groundwater also if groundwater is shallow). another quick way to see if a tank is leaking is to "dip" it with a stick that has a paste that turns color in the presence of water. generally, if water has gotten into a tank, it can mean oil has leaked out of the tank (although a certain amount of condensation may be present even where there is no leak so this is not a infallible test).Fourth- if there is currently a tank in the basement, ask the owner if there used to be a buried tank (a/k/a underground storage tank).Fifth, If the tank has impacted the soil, the cleanup generally varies from $25K to $50K though the costs will depend ont he depth of the contamination. i once had a home with a heated pool that had pressurized piping and used diesel. the contamination went down 40 feet and the consultant went crazy excavating the soil to the tune of $400K!!!
Liam Cook New to BiggerPockets
28 March 2020 | 13 replies
Best of luck and stay healthy out there!
Bradley Laddusaw The Evolution of the Hard Money Space and then PAUSE...
29 March 2020 | 17 replies
Hope you and your family are staying healthy.
Wendy Black Covid Could Be a RE Disaster
7 April 2020 | 28 replies
Just stay healthy and we'll get through this too.
Heather Frusco Why is Rent still due during COVID-19?
11 September 2020 | 328 replies
Good luck and stay healthy
Daniel Brault Virtual wholesaling and property visits
25 March 2020 | 0 replies
Thanks for your comments, and be healthy!
Valeria T. Please help me analyze my first BRRRR deal
8 April 2020 | 10 replies
Stay safe and healthy : )Thanks again, Val
Greg Gangle Money Tied Up - How to get another property?
27 March 2020 | 12 replies
@Evan PolaskiThis seems like a healthy perspective Evan.
Nick Gray Emerging Real Estate Opportunities in the COVID Pandemic
27 March 2020 | 4 replies
@Nicholas Gray I have strong relationships with contractors who prioritize safety and have the protective gear to keep themselves and others safe and healthy.
Shayla Collins Is it too soon to panic?
29 March 2020 | 17 replies
Stay safe and healthy!