Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

107
Posts
47
Votes
Derek Okahashi
  • Realtor
  • Mililani, HI
47
Votes |
107
Posts

Mold throughout this flip

Derek Okahashi
  • Realtor
  • Mililani, HI
Posted

I am getting everything in line to purchase a flip that has mold throughout following a water leak that went undetected for an unknown amount of time (months...).

I have quotes for remediation and the biggest cost is demo and hazmat disposal. All together the demo, disposal, and remediation is coming out to approximately $55k.

Here in Hawaii they burn just about all trash anyways. I’ve worked and trained in OSHA compliance before and I get that mold is the new asbestos. I don’t want to get sued or have any legal issues.

Anyone ever tackle a huge mold problem themselves? Sounds like with proper PPE and precautions I can have guys do the demo and disposal for a fraction of the cost.

Mahalo and thank you in advance for any insight.

Most Popular Reply

User Stats

17,996
Posts
17,209
Votes
J Scott
  • Investor
  • Sarasota, FL
17,209
Votes |
17,996
Posts
J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied

I would recommend making sure you follow all applicable licensing laws and disposal regulations. Especially given that you will likely want to disclose when you resell. But if you can do that, no reason not to use your own contractors to save money.

Also, you'll probably want to get a third party testing company to do a post remediation clearance test to verify that everything was sufficiently remediated.

Loading replies...