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All Forum Posts by: Matthew Wolfe

Matthew Wolfe has started 1 posts and replied 2 times.

Reno Real Estate Forum

Post: Asbestos Siding, should I pay $$$ to remove or just cover it up?

Matthew WolfePosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 2
  • Votes 1

Thanks Shawn! I'll ask around and see what other folks have done. From visual inspection, it appears to be somewhat common in my area, a lot of homes built in 1920s, 30s and 40s. 

1 Vote
Reno, Nevada
Reno Real Estate Forum

Post: Asbestos Siding, should I pay $$$ to remove or just cover it up?

Matthew WolfePosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 2
  • Votes 1

Hey BP! New real estate investor! I am closing on a home at a great price relative to comps in the area. Structurally sound, great area, small starter house (around 760 sq ft), little to no damage to the interior of the home. However, it has asbestos siding. The siding is in great shape with no signs of deterioration. When I asked the inspector whether I should pay an abatement team to remove it, he recommended I just have vinyl siding placed over top of it. I am looking to renovate the interior and then rent the home out as soon as possible. Will the asbestos siding scare away potential renters? If I need to get rid of it, do I remove it or cover it up?

0 Votes
Reno, Nevada