Property Manager · Richmond, VA · Member since 2013 · 34 posts · 5 votes
In our area, there is a high volume of undervalued slab homes on the market. After one bad experience in renovating one we have decided to avoid them in the future for the following reasons:
- Difficult to access plumbing and HVAC
- Difficult to wire electrical
- Prone to foundation issues
(Many in our area unfortunately have sustained foundation damage from an unusual earthquake we had here in VA about 5 years ago.)
Bigger Pockets investors - What is your opinion / experiences with renovating and property managing slab houses? Good, bad, avoid like the plague?
Real Estate Investor · Topsail Beach, NC · Member since 2010 · 33 posts · 1 vote
10y
@J Scott - I appreciate your response, as I hadn't necessarily considered it to be so easy to just bypass and redirect the supply lines. In the most recent example, a home built on a slab in 2001, there was a crack in the slab, which made me a little antsy. It wasn't crazy big or anything, but just gave me that uneasiness associated with the unknown. In retrospect, I could definitely see how we could use alternate locations for plumbing if we I discovered challenges due to freezing.
Thanks again for your leadership and advice. I really appreciate it!