Asbestos

[Lesley Govan]

Hi,

I've been looking at  a lot of houses looking for a multifamily to invest in. I'm finding in my area a lot of houses that are 100 years old or more sometimes and have asbestos shingles/roof. 

My question is, because of the environmental issues should I just move on or can I invest in these properties even with the asbestos. I know once you disturb it your in trouble.

Any opinions or advice would be greatly appreciated.

Thanks,

Lesley

[Peter Sanchez]

I don't think it's the 100+ year old houses that you have to worry about.  It's the houses in the 1950s-1970s where asbestos was commonly used.