Even though the basement in a home isn’t the most commonly used area of the home, it’s still a very practical space. It can be used for storage, an office, a workshop or even installing an extra bathroom. Seeing as how the basement is partially underground, there are some common issues that can lead to a basement disaster. Let’s take a look at how a homeowner can prevent these basement disasters from taking place in the home. This will ensure the property value is protected for the seller or investor.
How to Prevent a Basement Disaster: Fill Cracks
According to Tomlinson Cannon, cracked basement walls, floors, windows, and foundation can be caused by drainage problems. You’re going to want to address these cracks or gaps properly. There are some foundation products that you can purchase from a hardware store, but many find that the issue returns after a short amount of time. Have a professional come to look at any visible issues you have, especially if you have water seeping through anywhere.
How to Prevent a Basement Disaster: Install a Sump Pump
All basements should be equipped with a sump pump that will drain water away from the structure of the home. You may even want to consider installing a backup sump pump in order to ensure that this unit will continue to work in power outages or because of system failure. These backup products are typically battery-powered.
How to Prevent a Basement Disaster: Clean Your Gutters
According to Benjamin Franklin Plumbing, when your gutters become clogged outside, leaks and water pooling can occur. This excess water can make its way into your basement, causing a large moisture issue. Your gutters should be cleaned regularly during the year. If you notice there is an area of your gutter that looks like it’s not flowing properly when it rains, there may be an issue to address.
Pay Attention to the Grade on Your Property
The slope of your yard is supposed to be directed away from your foundation. This prevents water from pooling up or entering into your basement. If you notice that water is pooling on the ground near your home when it rains or snow is melting, you may need to think about fixing the slope. This would include building up the land directly around the foundation area.
If how to Prevent a Basement Disaster is a concern, see what improvements or assessments can be done. If you feel there are areas that need addressing, you can enlist the help of a professional to get things in order. Taking care of these things in a property will help make sure that your investment is protected.
Here’s another article you might enjoy: 5 Red Flags to Avoid When Selecting an Investment Property
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The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agent, brokers, investors, hedge fund managers, rehabbers, wholesalers and more.
Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects.
To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career.
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One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences.
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