Emmanuel Hirakis
Buying a mix use building that had a cleaners.
I'm now in contract for this mix use property. We went through all proceeding and got the commitment letter from the bank. One of the items required by the bank is either a letter from the seller stating no harmful su...
Axel Norvell
Underground oil tank on Houston property
Hi all,Has anyone here dealt with an oil tank on a property they purchased in the Houston area? I'm about to go under contract to purchase a SFH with an extra lot that happens to have an old oil/gas tank underground.I...
Eric Fernando
Purchasing two family dwelling in NJ
I am in buying a 2 unit multi-family in North West New Jersey. I plan to live in one unit and rent out the otherIn 2004 the sellers had the underground tank removed and installed separate above ground oil tanks for ea...
Jeanette J.
Rehabbing a meth house
Hello all,
I'm very new to real estate investing and I'm so grateful for this website. I have my first duplex rental under contract right now, but I can't stop doing research on other possible deals. I did find a h...
Julie P.
NNN Gas Station
I have the opportunity for a purchase of a gas station with a new NNN lease for 5 years with 2 additional 5 year options. Nothing to do but collect the money. Initial return would be 9% but build to 18% at the end o...
Nikki Cuozzo
Underground oil tank
Hello! If there is an underground oil tank, is the seller legally responsible to remove it before the buyer acquires the property? Or can it be negotiated within the contract? This property is in Connecticut. Thank you!
Eric C.
Marketing Lead w/ Oil Tank Contamination
I have a lead from a marketing campaign that apparently has an underground oil tank (or possibly even two!) and there was apparently "some leaking". I asked the owner if he had any docs from the inspection when this w...
Clay W.
Future effect of adjacent land contamination
I am evaluating the purchase of a former gas station pad that has long since been demolished and paved over. There has also been awarded a No Further Action letter related to years of monitoring after cleanup. Howeve...
Patrick Reagan
Underground oil tanks
Am considering buying a property in New Jersey with an underground oil tank.Stay away?
Jared Lillard
Environmental studies anyone?
I'm looking at my first MHP purchase and my attorney suggested I get a Phase 1 Environmental Study done. Is anyone doing this or have any experience with it? Or not doing it and feel good about it? Thanks in advanc...