Considering a multi-unit (3 1BR’s) “as-is” in Baltimore City. Inspection was yesterday. Oil tank is in basement and I noticed a small leak consisting of water and oil mixed (there was a blue sheen to the water) on the...
I have an STR in New England that had a basement oil tank. This winter it developed a leak. Fortunately, a guest was there who alerted me to the problem in a timely fashion. Even with that, remediation has cost me ove...
Hi everyone, I am a new investor here. Recently, I have seen a house in Riverside California, which fits all my criteria other than the fact that it has a septic leach pit. I do not know much about a septic leach pit ...
Today I had a sewer inspection for a duplex I’m under contract to buy. The sewer inspector called to inform me that the house was actually on septic. (Not a good sign if the owner doesn’t even know this piece of infor...
Hi, I am in the process of buying my first house ever that I am going to live in 1 year then rent out. Ive been under contract since August (going on 4 months now), the seller had to reapir the hot water tank and reme...
Hi, I'm new to investing in real estate. I'm a junior at FL State University and I was curious about purchasing a vacated gas station and flipping it. Would you recommend this or are there hidden regulations and ot...
I've read a few posts regarding the subject but can't really find a specific answer. I've found a vacant lot in North Florida (Atlantic side) that is ocean close (1/4 mile) in which eventually I would build on closer ...
I've been evaluating a couple of mobile home parks for sale near me, both with well and septic, both a couple miles outside of the nearest municipality. Financials look very good (cap rates ranging from 12 -16%) and ...
Hello Allanybody here have experience dealing with septic tanks? I found a flip deal in canoga park but its on a street that has spetic tanks and basically i am thinking if this will deter buyers and or if i can find...
Hey BP!
I'm about to pull the trigger on my first deal. It's a foreclosure, so I can't have any contingencies with my offer. Before I submit my formal offer, I'm wondering how important it is to do a septic inspectio...