Updated over 5 years ago on . Most recent reply
Advice on buying 1910 Home
Hi y'all! I'm looking at buying my first investment property and it seems like a great deal but it was built it 1910. Any advice/recs? What to be very weary of? How to get it properly inspected? What might not be that big a deal? What might NOT be a big deal? I know asbestos, lead paint, electrical, and plumbing should all be checked out. Thx!
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Hey @Kevin Conness! These old homes like to scare away a lot of people (More opportunity for us!)but the truth is they are built a lot better than most houses now a days haha and as @Mark H. Porter said don't expect anything to be plumb. I own three properties a 1910 duplex we turned into a triplex, a 1900 duplex, and the newest purchase being a SFH that was built in 1890. I would highly recommend since this is your first purchase that you call some contractors and offer to pay them to come and give you estimates on the property if you don't know what to looking for. An inspector will tell you whats wrong with the property of course but contractors will give you an idea of the work that will need to be done and how serious each issue is.