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Updated about 5 years ago on . Most recent reply

Tony Lueken's profile image
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Tony Lueken
  • Real Estate Agent
  • from Cedar Rapids, IA
  • Member since Mar 21, 2018

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Tony Lueken's profile image
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Tony Lueken
  • Real Estate Agent
  • from Cedar Rapids, IA
  • Member since Mar 21, 2018
Tony Lueken
  • Real Estate Agent
  • Cedar Rapids, IA
12
Votes |
26
Posts
Buying & Selling Real Estate

Experience with foundations

Tony Lueken
  • Real Estate Agent
  • Cedar Rapids, IA
Posted

We have a property that could be fixed up and rented for a very good cash flow.

The foundation is sinking and has sloping going on.

Anyone have experience with this?

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Marcus Auerbach
  • Investor and Real Estate Agent
  • from Milwaukee - Mequon, WI
  • Member since Aug 7, 2010

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Marcus Auerbach
  • Investor and Real Estate Agent
  • from Milwaukee - Mequon, WI
  • Member since Aug 7, 2010
Marcus Auerbach
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
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Marcus Auerbach
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
Replied

We buy properties with foundation issues, keep's the newbies and first time home buyers away away. But you need to know what you are doing. There are $5,000 issues and $30,000 issues. Most of them (except very few) are permanently fixable.

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