Leaking Tub And Now Mold
Tub in one of my places was leaking water, only accidentally found out about it when I was in the crawlspace baiting roaches and the tenant happened to take a shower. Turns out the grout had disentigrated over time between some of the tiles on the wall of the shower. This could have been going on for years. Anywho, I looked under the area where the tub is in the crawlspace ceiling and I see some white mold along the edges of the structural wood. What should I do?
I see this sort of thing all the time on home
inspections.............the "white mold" is probably Absida; but the mold is not the main problem its the excessive moisture that lead to fungi growth which in turn can and often will destroy wood over a period of time.
The shower pan problem was not the grout disenticrating but rather the shower pan failing itself. When a shower pan is done correctly, you can let water stand it for years and it will be fine......however when the the shower pan fails (usually around the drain fixture) it is often undetected until significant damage is done.
The right way to fix the the problem is this:
1. Tear out the shower pan
2. Repair and structural members and subfloor
3. Seal floor
4. Install 30# felt on floor and up walls
5. Stable wire mesh on floor
6. Add sloped mortar bed on top of mesh (A MUST)
7. Properly install rubber shower pan liner
8. Test same for at least 24 - 48 hours (standing water)
9. Properly mix and install mortar bed around drain giving great detail on not to clog weep holes / slots
10. Tile and grout same.
Skipping any of these steps will lead to another shower pan failure.
When all is said and done.......make sure you crawlspace is properly vented so as to deal with fungi.
NC_Yank
NCYank-
This is a cast iron tub that was converted into a shower. Forgive my ignorance, but we are talking about different things right?
Give up? Ya just got started!
You need to provide a lot more info on the triplex though.
what would the units rent for?
and the demand?
No ground is pretty much standard in older properties.
...or "Every Landlords Legal Guide" from the same website.
This sounds like a good deal and never, never ever give up on your future. Have you considered finding a lenders / investor to finance the project? After the renovations are completed you could easily sale each of the units in the tri-plex pay off your lenders / investors and make a nice profit for yourself. I know of a resource you may be interested in. PM me for the URL.
Lots of Hard Money Lenders are going thru tough times these days.
We have had one locally (that financed our customers) take back 58 houses in the last year or so.
Good luck finding a new HML.
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sorry been more of a veiwer than complyer google brookview financial or please close both are pretty good
Most rehab lenders have ceased operations. And now with the conventional lenders only allowing you to have a max of 4 financed properties it makes holding rentals problematic unless you are getting portfolio loans.
Good luck!
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