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Updated almost 7 years ago on . Most recent reply

Jeff Bousquet's profile image
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Jeff Bousquet
  • Rental Property Investor
  • from Rhode Island
  • Member since Oct 1, 2017
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Jeff Bousquet's profile image
Jeff Bousquet's profile image
Jeff Bousquet
  • Rental Property Investor
  • from Rhode Island
  • Member since Oct 1, 2017
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Jeff Bousquet
  • Rental Property Investor
  • Rhode Island
52
Votes |
93
Posts
General Landlording & Rental Properties

Fuse and knob and tube wiring

Jeff Bousquet
  • Rental Property Investor
  • Rhode Island
Posted

I found a two family property that seems to cash flow well. Listed at 90k and gross rents are 1750. i am supposed to see the property this weekend, and while looking through the disclosures I noticed it listed fuse and knob and tube wiring, and asbestos siding. Is this often a hard pass? 

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Dennis M.'s profile image
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Dennis M.
  • Rental Property Investor
  • from Erie, pa
  • Member since May 27, 2018
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Dennis M.'s profile image
Dennis M.
  • Rental Property Investor
  • from Erie, pa
  • Member since May 27, 2018
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Dennis M.
  • Rental Property Investor
  • Erie, pa
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Dennis M.
  • Rental Property Investor
  • Erie, pa
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Insurance companies I’ve dealt with will not cover that house the way it is .Better figure that out before pulling the trigger

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