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Updated about 2 years ago on . Most recent reply

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9
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3
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Stephanie G.
3
Votes |
9
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Wet crawl space

Stephanie G.
Posted

The house that we are considering buying has a wet crawl space.  It was built in the 1950’s.  Ranch.  No structural damage from the wet crawl space.   Is this a wise investment?  Would it be hard to re-sell?

There were 2 sump pumps in the crawl space but one was not functioning.  It has been fixed.  

Thanks for any advice. 

Most Popular Reply

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1,100
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746
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Ray Hage
  • Investor
  • Fort Lauderdale, FL
746
Votes |
1,100
Posts
Ray Hage
  • Investor
  • Fort Lauderdale, FL
Replied

Hi, I have a triplex in Fort Lauderdale with a wet crawl space. I have owned it for 5 years. About 2-3 years ago the sump pump died and if I remember correctly it cost less than $1000 to replace it. The property cash flows great and I don't for sure if other investors would be worried about it but I can tell you, I am VERY happy I have this property.

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