Termites. Where Do You Draw the Line?

3 Replies

I'm not sure about other parts of the country, but living in South Jersey, it's pretty cool when you find a place that doesn't have termite damage. Getting a treatment and some minor repair is normal.  I went through a place today and the main floor and second floor were well worn but manageable. Upon inspecting the basement there was significant noticeable termite damage to much of the sill plate. It was worse than I have seen in a long time. 

The question is at what point do you draw the line when looking at a property where the termite damage is extensive? Do you run away as fast as possible, or do you try and gauge the cost of repair and just work it into the numbers? 

I would absolutely use that to my advantage and work the price of the property accordingly.  However, I mostly only purchase complete gut rehabs anyway so its not THAT much extra work for me.  Last house I flipped I had to jack it up and replace the sill plate from termites.  

Originally posted by @Charlie Hampton :

I would absolutely use that to my advantage and work the price of the property accordingly.  However, I mostly only purchase complete gut rehabs anyway so its not THAT much extra work for me.  Last house I flipped I had to jack it up and replace the sill plate from termites.  

 Nice. I’ll keep you in mind. Let me know if you are looking for work! 

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

Lock We hate spam just as much as you

Join the Largest Real Estate Investing Community

Basic membership is free, forever.