So I am a bit of a rookie I have a big dream of starting a remodeling company/fix and flip but I have many question I still carry. one is buying a house that is made of asbestos I found a house that needs some love that was built in the 1900s that has asbestos in the material what kind of problems may one run into in buying a house made of these materials. I am new to this. Please be blunt!
Definitely read up on it especially in your area. I just came across this link for our area and didn't even realize that if it is a residence of less than 5 units, they don't allow it.
"Because asbestos in certain forms has been determined to cause serious health problems, the DEP regulates the removal, collection, transportation, and disposal of Asbestos-Containing Materials (ACM). DEP does not regulate the removal of ACM from private residences unless the residence is an apartment with five or more units. Contact your township or borough to find out if there are any local regulations."
You are much braver than us as we had looked at a house that my husband could tell immediately had asbestos yet our realtor wasn't very knowledgeable. So we walked away because we did not want to tackle the project along with what was needed for the interior.
If you do tackle the project, share with us. I'm curious to know how easy or crazy it is.
@Antonio Galaviz If the asbestos is on the exterior of the building if it is in good shape and not crumbling it might not be that expensive to remove if the contractor doesn’t have to encapsulate the work. This probably varies by location.
When I had a project that involved removing some asbestos my local landfill was a facility that accepted it as long as it was properly prepared for disposal in the correct containers etc. Yes it was at the time twice as expensive as a garbage dumpster but they would drop off the container you could remove the tiles from the exterior of your house and close the dumpster up and then they’d come pick it up and take it away.
This might not be possible in many areas.
If you’re still in the inspection phase I’d recommend getting an estimate before you’re locked in with your deposit if you still can.
So I am a bit of a rookie I have a big dream of starting a remodeling company/fix and flip but I have many question I still carry. one is buying a house that is made of asbestos I found a house that needs some love that was built in the 1900s that has asbestos in the material what kind of problems may one run into in buying a house made of these materials. I am new to this. Please be blunt!
First of all, nothing in the house is "made of asbestos". It is simply an ingredient in some building materials.
Second, asbestos is harmless unless it becomes airborne. In most cases, as long as you don't disturb it -- sand, scrape, cut, tear, remove, etc. -- then you don't need to worry about it.
Just saying, "the house has asbestos" means nothing. You need to know what materials in the house contain the asbestos. It could be floor tiles, ceiling tiles, wall board, insulation, hvac insulation, siding, popcorn on the ceiling, or others. What you need to do about it depends on the type of material, its condition, and its location. Are we talking about siding that's in good condition, but just ugly? Paint it or cover it. 9x9 floor tiles? Cover them up with a different flooring. Popcorn ceiling? Just paint it, don't scrape it off. However, I would have ceiling tiles or hvac insulation professionally removed because of the likelihood of particles becoming airborne from those materials.
So look a little deeper into the issues you'll be dealing with, and learn the regulations for your area.