Tips to Prevent Basement Flooding
Tips to Prevent Basement Flooding: Paul Hynek of Hynek Landscaping
When shopping for a new investment property and following your investment purchase process, you may not immediately think about trying to prevent basement flooding, avoiding/fixing a home with surface grading problems, or ensuring it never happens in the first place.
Checking for these issues, such as drainage and grading issues on the property, are probably not things you think about, but perhaps you should! It’s a strong negotiation tactic since the more you can identify up front as deferred maintenance or important repairs, the more you can knock the price down or get issues dealt with prior to purchase. If it looks like there are foundation and drainage issues on the property, or if there may be water getting in through window wells, you won’t want to miss our interview with this landscaper.
Special Offer from our Sponsored Link Above
Enter Paul Hynek
Someone like Paul Hynek may be the guy you want to consult with before the problem gets worse…especially if you live in the Midwest where concrete pour basements are common.
After a wrestling career and a Mathematics degree from the University of Northern Iowa, Paul Hynek came back to join his family’s business. This family business was once known as Hynek Farms when his father Phillip D. Hynek founded this company with only a shovel in hand and a stock trailer. Ever since 1991, this company, now known as Hynek Landscaping & Co., serves Eastern Iowa in commercial and residential landscaping.
Jeri Frank, AssetRover’s CEO, sat down with Paul to figure out how investors can know how to spot potential flooding issues in investment properties. How do you know if you actually have a surface grading problem? What is the one simple tip investors need to know for a quick surface grading check on an investment property? Paul Hynek helps us answer these questions and more in this exclusive video interview.
Early in our discussion with Paul, he gave us one simple tip for a quick inspection of an investment property:
“I like to walk the perimeter of the house,” says Paul Hynek. Walking the perimeter will give you clues to how the home is built and if it will need work to keep water out of the basement. Let’s face it, we’re all pretty good at looking at the inside of the house, but how many of us do a great job of going outside and walking the entire perimeter of the property? “The first thing I look for when I walk the perimeter [is to] see what the grade is like up against the foundation,” says Paul. “Is it flat? [Does it have] a positive slope? Is it a negative slope?”
Don’t just pay attention to the grade of the land. Check out the rest of the drainage hardware attached to the outside of the home. “I also look at the gutters. I look at the roof. I want to make sure the gutters are working properly. I want to make sure that the eave spout can handle all the water that’s coming into it.”
Even for the few of us who do happen walk the outside perimeter, even fewer try to get out there after a heavy rain. “The easiest way to look to see if you have a surface grading problem is if there is standing water. If we just got this rain and there is still water puddling in the grass, then you’ve got a surface grading problem,” said Paul. “The rule of thumb is, if there is no puddle after about 48 hours, you are usually pretty good depending on the type of soil you have, but for the most part, you don’t want to see a bunch of puddling.”
Paul gets most of his leaky basement calls in the spring. “When the frost is coming out of the ground, it’s usually going to a window well,” says Paul. “It goes through the sides and through small windows that don’t have a real deep hole.” This is something else to watch out for when inspecting a potential rental property. You want to make sure to get those issues fixed ahead of time before taking ownership of the property.”
Don't forget to check out our free rental property calculator. This will be a valuable tool in your arsenal as you analyze your existing or potential rental properties. Benefits: Thank you for your ongoing support. happy investing! Happy investing! – – – –
Special Offer from our Sponsored Link Above
Before you leave:
Disclaimer: The information presented does not consider your particular investment objectives or financial situation and does not make personalized recommendations. The information provided is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, AssetRover, Inc. recommends consultation with a qualified tax advisor, CPA, Financial Planner, or Investment Manager.
Thank you for your ongoing support. happy investing!