Investing in Properties with Concrete Foundation Issues—Good Deal or Money Pit?

Hi everyone,

I’m looking at an investment property with a concrete foundation that has visible cracks and some uneven areas. The structure seems solid for now, but I know foundation issues can be costly if not addressed early.

Has anyone here bought properties with concrete foundation problems? How do you assess whether the damage is minor or a red flag? Also, is it better to repair and reinforce the existing concrete, or should I factor in a full replacement down the line?

Thanks!

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I strongly recommend getting a structural engineer’s evaluation before proceeding—this will clarify whether reinforcement methods like piers or epoxy injections will suffice or if a full foundation replacement is on the horizon.

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Thanks for the advice! I was leaning towards getting a structural engineer involved to be sure. It makes sense to have a professional assess the extent of the cracks and determine the best course of action. I’ll definitely reach out for an evaluation before moving forward. Appreciate the insight! :raised_hands:

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What’s the location? Has any structural engineer visited the location? You can’t expect anything solid by only forum post.

Investing in a property with concrete foundation issues can be a good deal or a money pit, depending on the severity of the problem and repair costs. If the damage is minor and can be fixed with concrete leveling, it might be a smart investment. However, major foundation issues can lead to costly repairs and future problems. It’s crucial to get an expert evaluation before buying.

If I were to purchase a house in Indianapolis that needs concrete leveling, what would you suggest? Which is the best concrete leveling service in Indianapolis for reliable and cost-effective repairs?

Glad to be of help! Wishing you all the best.

I’ve checked through different channels and ecoliftllc.com is seems to be good option. You can discuss issues with them.