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
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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 about 2 years ago on . Most recent reply

User Stats

25
Posts
12
Votes
Zach Fulton
12
Votes |
25
Posts

Made a costly mistake regarding asbestos(Vermiculite insulation) on my first

Zach Fulton
Posted

I bought my first renovate and hold property. I was aware of the vermiculite insulation(That has the risk of containing asbestos) but knew it didn't serve as a threat as long as it wasn't disturbed. My plan with the living room ceiling was to tear down the ugly 1x4s on the ceiling assuming it served no structural purpose. Tearing down the last few boards I realized the boards were there to hold up the weak drywall because the vermiculite insulation was weighing it down. The ceiling fell down and the insulation is now all over the living room carpet(Which is going to be torn up anyway). 

I got a quote for 5k, 10-12k, and the other guys said to just go with the 5k guy because he knows him and he can't give a better price. Obviously, this is a pretty costly mistake. To my understanding, you must get permits to remove asbestos and it must be done correctly to ensure a safe living environment and safe disposal. 

Has anyone had this issue? What do you recommend? I've considered doing it myself but don't want to be liable for anyone getting hurt or apparent fines. Not the best issue to have on my first renovation. That 5k was going toward appliances and new countertops. 

Most Popular Reply

User Stats

2,323
Posts
1,584
Votes
Richard F.#1 Tenant Screening Contributor
  • Property Manager
  • Honolulu, HI
1,584
Votes |
2,323
Posts
Richard F.#1 Tenant Screening Contributor
  • Property Manager
  • Honolulu, HI
Replied
Aloha,

Do not make another mistake by hiring the cheapest guy. You are dealing with potential EPA violations, that start at $16,000 as recall. Not just "any" contractor can deal with this, they must be certified/licensed and properly insured specifically for Asbestos Abatement. If the "Guy" that is know to the others is licensed, he may NOT be licensed as a proper business, thereby not having worker's comp insurance to cover additional workers, so, again, confirm, confirm, confirm, complete, correct, and current licensing before putting up a dime.

You will also need to perform additional testing and possible removal of other elements containing asbestos; and also check for lead paint based on the age.

So you don't want to be liable for anyone getting hurt, but you are OK with breathing in asbestos fibers yourself? And, as you mentioned, there is very definitely a clear and specific process for disposing of hazardous material. Improper disposal will also be a potential EPA problem for you. Pass the entire job to a true Professional.

Loading replies...