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Rehabbing & House Flipping

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Jordan Thompson
Pro Member
  • Insurance Agent
  • Concord, NC
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46
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When is a retaining wall needed (with pics) ?

Jordan Thompson
Pro Member
  • Insurance Agent
  • Concord, NC
Posted Sep 20 2021, 07:14

Good morning BP!

I’m considering purchasing a duplex but noticed some un-retained land next to the driveway that looks suspicious. A power pole is about 2-3 feet or so behind the top, and I think the septic tank is 10 ish feet behind that.

The property seems like a good deal; over 8% CoC return and low $300/ month of pure cash flow but that could be gone quickly with this problem.


Any experience stories or advice from the experts?  


Thanks!

Jordan

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