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Updated 8 days ago on . Most recent reply
Buying first set of propertys
Two houses next door to the house I live in came up for sale.. we have started the process to purchase them, there are currently two renters there.. and the houses are not in the best shape, the landlord has been collecting rent on the property's for years, and does absolutely zero maintenance to them.. nice slumlord of a guy.. my question is the one renter was complaining to me the other day about a mold issue in the basement, we live in a damp area down by the river.. I was just wondering if this is something a will become legally liable for right away if issue were to arise, I plan on getting the issue fixed asap when I take over, just wondering if it's something they can come for me right away for.. and also what are some good ways to remediate basement mold.. thanks
Most Popular Reply

- Rental Property Investor
- Brandon, SD
- 1,122
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If the previous owner was neglegent in some way, the sale won't shield him from that liability. Your liability starts upon the purchase and you are doing the right thing to be fixing the issue.
Mold is a tricky thing. It is everywhere. People freak out over it with little provocation. That being said, if not mitigated, it can become a problem. The first thing is to get rid of the moisture. Put in a dehumidifyer. Check the grading around the house. Check the downspouts to make sure they are directing the water properly. Check the basement walls for any areas in which moisture intrudes. You may need to add some drain tile and possibly a sump. There are basement water specialists all over. Make sure you get a few bids.