Updated about 7 years ago on . Most recent reply
Rental property with very low power lines
Hello everyone,
I am looking to buy an investment property and found one that I am very interested in. Everything seems to check out, but when I walked out into the backyard, I noticed that there are power lines abnormally low (maybe 12-15 feet high) above the back fence. To put it into perspective, if I was holding a standard sized broom or rake, I could reach up and touch the power lines. Granted, it is above the fence and not in the middle of the yard, but my biggest concern is downed power lines after a storm or something of that nature. I want to avoid lawsuits at all costs. How much of a liability is this when it comes to rental properties? Should I just avoid this property altogether? Thanks in advance.
Most Popular Reply
@J Greenspan, Hopefully, you are in your Due Diligence period. Have the DD extended and check out the power lines with the utility. We are not at a time in the market when you can afford to short change this.