All
Members
Companies
Blog
Forums
Podcast
Webinars
    User Log in  /  Sign up
  • Forums
    Newest Posts Trending Discussions Followed Forums Real Estate News & Current Events General Landlording & Rental Properties Buying & Selling Real Estate Deal Analysis See All
  • Education

    Read

    BiggerPockets Blog BPInsights: Expert Analysis Guides Glossary Reviews Member Blogs

    Watch

    Webinars Video Library Financial Independence Blueprint Intro to Real Estate: Rentals

    Listen

    BiggerPockets Real Estate Podcast BiggerPockets Money Podcast BiggerPockets Business Podcast Real Estate Rookie Podcast Daily Podcast (Audio Blog)

    Topics

    Business Operations Finance Finding Deals Property Management Property Types Strategy
  • Network

    Recommended Vendors

    Real Estate Agents Mortgage Lenders Hard Money Lenders Insurance Contractors Investment Companies Build Your Team

    Search

    Members Events Jobs
  • Tools

    Calculators

    Rental Property Fix and Flip BRRRR Rehab Estimator
    Wholesaling Mortgage Payment 70% Rule Airbnb

    Services

    BPInsights: Property Insights Tenant Screening Property Management Lease Agreement Packages

    New Feature

    BPInsights (beta)

    Quickly analyze a property address or ZIP Code to compare your rent in your neighborhood.

    Analyze a property
  • Find Deals
    Real Estate Listings Find Foreclosures External Link Ads, Jobs, and Other
  • Bookstore

    Real Estate Books

    Profit Like The Pros Bidding to Buy See all books

    Featured Book

    BiggerPockets Wealth Magazine book cover
    BiggerPockets Wealth Magazine

    Written by financial journalists and data scientists, get 60+ pages of newsworthy content, expert-driven advice, and data-backed research written in a clear way to help you navigate your tough investment decisions in an ever-changing financial climate! Subscribe today and get the Oct/Nov issue delivered to your door!

    Get the Magazine
  • Pricing
Log In Sign up
User
Quick search links
Podcast Hard Money Lenders Books Washington
ForumsArrowBuying & Selling Real Estate DiscussionArrowMETH FOUND ON MULTI-UNIT! help needed
  • Newest Posts
    • Newest Posts
    • Unanswered Discussions
  • Trending
    • Top Discussions
    • Trending Discussions
  • Browse Forums
Search Nova
Create post

METH FOUND ON MULTI-UNIT! help needed

11 Replies

  • Share on Facebook
  • Share on Twitter
  • Share on LinkedIn
Rotate Log in or sign up to reply
user profile avatar
  • Posts 26
  • Votes 2

Oscar Chirinos
Investor from Crystal Lake, Illinois

posted over 3 years ago

Hello BP Family, so im in the middle of closing in a multi-unit in salt lake city Utah and I just got the meth test results back "Salt Lake County currently uses 1.0 ug/100 cm2 or higher as the decontamination standard for any mitigation action for a property. The levels found at this home were OVER with a reading of 27.0ug/sample (about ten times the limit deemed safe)."

what should i do?

Im thinking of backing out, since im not sure if even if i was to remimdiate it if im legally now obliged to disclose it every time. Unless i get an amazing discount im really not sure where to go form here. I am just getting cost estimates for remidiaiton.  

thanks so much guys!

Rotate Log in or sign up to reply
user profile avatar
  • Posts 509
  • Votes 400

Jody Schnurrenberger
Investor from Asheville, North Carolina

replied over 3 years ago

I thought you meant CRYSTAL meth was found on the property!  HAHAHA!  That's the whole reason I opened this post.  I was curious about your drug woes.  (No offense!)  As for the more boring kind of meth, I don't know.  I'd back out, but then, I don't know anything about it.  Good luck with whatever you decide! 

I bet YOU wish it was crystal meth found, too.  That's a lot easier to get rid of, I bet...  ;-)  Good luck!

Rotate Log in or sign up to reply
user profile avatar
  • Posts 32
  • Votes 15

Curtis Fergus
Investor from Salt Lake City, Utah

replied over 3 years ago

I’d make a few calls to get an idea of costs to clean it out. Ask for atleast that much off your purchase price and close it if it’s a good deal. If you don’t want it even still then wholesale it!

Rotate Log in or sign up to reply
user profile avatar
  • Posts 3.8K
  • Votes 2.8K

Matt K.
from Walnut Creek, California

replied over 3 years ago

What makes this property so special you're willing to do all this extra work? If you can't answer that... on to the next one.

Rotate Log in or sign up to reply
user profile avatar
  • Posts 199
  • Votes 187

Anthony Hurlburt
from Salt Lake City, Utah

replied over 3 years ago

You could always make the deal contingent on the seller getting the house re-mediated to fall with the meth limits given by the city.

Rotate Log in or sign up to reply
user profile avatar
  • Posts 26
  • Votes 2

Oscar Chirinos
Investor from Crystal Lake, Illinois

replied over 3 years ago

Thank you Matt,

Well i guess that's a very good point, 

one cash flow is great and for two multi-units are quite low in stock =( deals come deals go that is true, but im just doing some extra due diligence work. thank you so much for the input though!

Rotate Log in or sign up to reply
user profile avatar
  • Posts 17
  • Votes 11

Brandon Norlund
from Bountiful, Utah

replied over 3 years ago

@Oscar Chirinos , my wife is a real estate agent here in Utah and she said it would need to be disclosed on the seller's disclosure form that is submitted to the state. If you were renting it you probably wouldn't have to tell the tenants, but it would be public record if they ever looked into it, and it's good practice to be honest. 

I don't know if I see it as a big deal if you have it decontaminated and rehab it. I would view it the same as disclosure of asbestos, lead paint, and decontamination of those things. I wouldn't hesitate to live in a house where all of that was taken care of. If the decontamination works with the numbers, I wouldn't necessarily walk away just because of that.  

Rotate Log in or sign up to reply
user profile avatar
  • Posts 595
  • Votes 339

Carson Wilcox
from Davis, California

replied over 3 years ago

seems to be like any other repair... roof, foundation etc... get it covered with a good buffer, or haul bass...

Rotate Log in or sign up to reply
user profile avatar
Check Rosette Top Subjects:
Rentals, Tenants, and Finding & Screening Tenants
  • Posts 7.2K
  • Votes 9.6K

Mindy Jensen
BiggerPockets Community Manager from Longmont, CO

replied over 3 years ago

Meth remediation is no joke, @Oscar Chirinos .If this is your first experience with it, you may wish to walk away from the contract. Remediation is expensive. 

Rotate Log in or sign up to reply
user profile avatar
  • Posts 2.7K
  • Votes 1.7K

Deanna McCormick
from Minneapolis, Minnesota

replied over 3 years ago

So It's confusing,,, ARE YOU the SELLER ?? or BUYER ??

As seller you would need to disclose to any other buyer... and I'd get remediation costs calculated.. Do you realize how hazardous this is to work with,, I'd rather deal with asbestos. 

If your buyer,, walk away..

Rotate Log in or sign up to reply
user profile avatar
Check Rosette Top Subjects:
Rentals and Team
  • Posts 866
  • Votes 1.8K

Account Closed

replied over 3 years ago
Originally posted by @Jody Schnurrenberger :

I thought you meant CRYSTAL meth was found on the property!  HAHAHA!  That's the whole reason I opened this post.  I was curious about your drug woes.  (No offense!)  As for the more boring kind of meth, I don't know.  I'd back out, but then, I don't know anything about it.  Good luck with whatever you decide! 

I bet YOU wish it was crystal meth found, too.  That's a lot easier to get rid of, I bet...  ;-)  Good luck!

What is this actually referring to if not methamphetamine?   I did a quick google search while trying to answer that myself and did find this link, which might help the original poster.. (it does look like they are talking about methamphetamine) https://slco.org/uploadedFiles/depot/fHealth/regs/...

Rotate Log in or sign up to reply
user profile avatar
  • Posts 509
  • Votes 400

Jody Schnurrenberger
Investor from Asheville, North Carolina

replied over 3 years ago

@Account Closed , wait, so it WAS a meth lab at some point?  I assumed it was like methane or meth-something else.  Beats me!  I'm still following this thread for educational purposes, but once I saw there wasn't drug drama (they make for interesting stories), I lost interest except academically.  lol  

Rotate Log in or sign up to reply
  • 1
Related Resources Buying & Selling Real Estate Discussion
Start Your House Hunt Right by Asking These Questions First
Is Doorvest a Good Option for Real Estate Investors?
How to Choose the Right Remote Real Estate Market for You
Home Purchase Fall Through? Don’t Panic: Here’s How to Get Your Earnest Money Back
What Is Underwriting? Here’s What to Expect
Resources Read, see, and learn more!
Link Real Estate Investment Calculators
Link BiggerPockets Blog
Link Path to Purchase
Link Mortgage Loans
Link Find a Contractor
Link Real Estate Agents
Link Hard Money Lenders
Link Real Estate Listings

Top Contributors

Jay Hinrichs
Jay Hinrichs
Lake Oswego OR Summerlin, NV
8.95
Score
Matthew Irish-Jones
Matthew Irish-Jones
Buffalo, NY
4.81
Score
Russell Brazil
Russell Brazil
Washington, D.C.
4.26
Score
Mary M.
Mary M.
Portland OR
4.05
Score

Buying & Selling Real Estate Discussion Trending Discussions

  • Subterranean Termites and Cast Iron Pipes
    17 Replies
  • I keep getting outbid on home offers I’m making
    13 Replies
  • Cloudy title, but title company still willing to insure...
    11 Replies
  • Who can finance this property?
    4 Replies
  • Housing prices from 1986 to 2021
    24 Replies
Log in Sign up

Log in

Forgot password?

If you signed up for BiggerPockets via Facebook, you can log in with just one click!

Log in with Facebook

Or
btn_google_dark_normal_ios Created with Sketch. Continue with Google

Let's get started

We just need a few details to get you set up and ready to go!

Use your real name

Use at least 8 characters. Using a phrase of random words (like: paper Dog team blue) is secure and easy to remember.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.

Or
btn_google_dark_normal_ios Created with Sketch. Continue with Google

Why create an account?

Receive a free digital download of The Ultimate Beginner's Guide to Real Estate Investing.

Connect with 1,000,000+ real estate investors!

Find local real estate meetups and events in your area.

Start analyzing real estate properties, we do the math for you.

It's free!

Explore

  • Membership
  • Community
  • Education
  • Marketplace
  • Tools
  • FilePlace
  • REI Resources
  • Perks
  • Glossary
  • Reviews
  • iOS App
  • Android App

Company

  • About Us
  • Press
  • Advertising
  • Careers
  • Stats
  • Contact Us

Important

  • Editorial Guidelines
  • Terms of Use
  • Rules
  • Privacy
  • FAQ

Social

  • Facebook
  • Twitter
  • YouTube
  • Instagram
© 2004-2021 BiggerPockets, LLC. All Rights Reserved.