Could phase 1 environmental study be a deal breaker? How so?
I am considering a deal in my market in which I found a significantly underpriced parcel of land blocks for major transportation hub in a gentrifying area. I am close to securing funding for the acquisition through p...
So I invested into a property without knowledge of its past (1st mistake) I have already had a phase 1 and phase II completed. Apparently there are pollutants in the soil. Does anyone have any experience with this?. I...
Found a 7 plex that had gas spilled on it several years ago. It was cleaned up and cleared by DEC but spill still under foundation and roads. Title has spill listed and says the lower unit can not be rented as residen...
I am considering purchasing a building in Florida that used to be a dry cleaners. It stopped operating over 5 years ago, but it still has to be tested for potential pollutants. Nothing has come up yet, but I'm concern...
Within the last three weeks, I have been contacted by successful bidders of tax lien auctions who unknowingly acquired contaminated property. They thought they were getting a great deal and then learned after being no...
I visited my first hoarder house today that reeked of rodents, mold, and fumigation residue. I also noticed hypodermic needles on a desk along with an immense amount of garbage spread throughout the house.
My questi...
Hey! We are in talks with a gas station owner who wants us to wholesale his gas station, and we are not sure about what kind of contracts we need.
Here is some info on it:
- It is franchised with 76
- Real Estate is ...
I have popcorn ceiling that tested positive for asbestos and want to remove it. I would like to make renovations to the home but cant because of the asbestos. I don't want to shake things up, releasing the fibers in...
According to existing owner the site needs 500k in decontamination. But I would double it just being on the safer side. I'm doing Env Phase 1 and will be doing Phase 2 afyer phase one.Main concerns that 4 gov agencies...