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Updated about 4 years ago on . Most recent reply

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21
Posts
6
Votes
Jack Bier
  • South Miami, FL
6
Votes |
21
Posts

Dealing With Basement Leaking/Water Issues.

Jack Bier
  • South Miami, FL
Posted

Hi all,

I hope everyone is having a nice day so far. I own one property in Lorain, OH that I bought back in October. I bought it cheap - $35k. I inherited a tenant paying $500 a month. 

Problem is, in the Spring and when it rains hard, the basement has standing water(only maybe an inch in the deepest spots). I've been down there once, and it smells a little moldy.

The tenant will most likely never move because the rent is below market value and they're on a fixed income.... but, I want to protect my asset. 

What can I do to get the water out of there and fix the possible mold as cheaply as possible?

Thank you for your time.

Most Popular Reply

User Stats

78
Posts
47
Votes
Steven Taylor
  • Investor
  • Lorain, OH
47
Votes |
78
Posts
Steven Taylor
  • Investor
  • Lorain, OH
Replied

You can put a sump pump in the basement at the lowest point that will fix the problem. I have had to do this to many properties in lorain

  • Steven Taylor
  • Loading replies...