3min chapter

The REtipster Podcast | Real Estate Investing cover image

What No One Tells You About Investing in Parking Lots, Garages and Structures w/ Kevin Bupp

The REtipster Podcast | Real Estate Investing

CHAPTER

The Cost of Maintenance on a Cement Parking Structure

A lot of it is just water and water intrusion, you know, underneath that concrete is rebar. And so water intrusion from from the top deck down, right? Water finding its way into every crack and crevice. So we just actually backed out of a garage in Providence, Rhode Island,. It had so much deferred maintenance that it would have cost us roughly 17 million.

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