Buying turnkey with repaired foundation in Texas

Buying & Selling Real Estate
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Buying turnkey with repaired foundation in Texas

Varun G.
New to Real Estate · CA · Member since 2022 · 10 posts · 1 vote

Hello BP Community,

I am looking at  a turnkey property in the DFW area. There has been a considerable amount of foundation work done (addition for piers, leveling, etc). Is this common problem in older homes in Texas? 

Do experienced investors steer clear of such properties? 

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  • Chris ClothierBusiness Member
    Rental Property Investor · memphis, TN · Member since 2009 · 2k+ posts · 3k+ votes
    2y

    Hi Varun,

    I've been investing and owning in the DFW markets since 2012, and foundation work is a common maintenance item.  It is not a problem.

    There are different remedies, including soaker hoses and other remediation items, to limit soil impaction, but piers and leveling are common.  The best route is using licensed foundation companies and engineers to conduct work surveys to determine what needs to be done and then having that work done by licensed companies with warranties.  The same issues exist in Oklahoma City and other parts of Texas.  As an experienced investor, it does not give us even the slightest pause on a property. 

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  • Rhett TullisBusiness Member
    Property Manager · Oklahoma City, OK · Member since 2013 · 1k+ posts · 617 votes
    2y

    In Oklahoma it is not if you need piers on the home but when will you need them.  Our soil is always moving for sure!

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