Buying a house that has been an ex grow up? | Page 2 | GTAMotorcycle.com

Buying a house that has been an ex grow up?

Except when the tenants/children start developing respiratory problems thereafter, then you're really going to have issues.

I meant if it the requisite checks for mold and air quality passed. In general rental properties are longer term investments and over that time period the resale value will go up. Probably not as much as other houses but if maintained properly it would still improve. But I'm not an expert.
 
So what about all these properties that people have "LEGAL" grow ops in for medical purposes??

They don't have to be listed as previous grow ops, people buy these houses all the time.

None of these houses have to pass the air quality tests that an illegal one does,, apparently, mold only affects illegal operations

I can tell you for a a fact that NO ONE'S home would pass these air quality tests and would require gutting to remove the mold.
 
You're right about air quality, the real problem is that any agent selling the house later on is legally bound to disclose that it was a grow op. That stigma will never leave, and is probably the biggest issue. Everything else can be corrected/rebuilt better than new. I guess it could be considered a good deal if you never plan to sell.
 
So what about all these properties that people have "LEGAL" grow ops in for medical purposes??

They don't have to be listed as previous grow ops, people buy these houses all the time.

None of these houses have to pass the air quality tests that an illegal one does,, apparently, mold only affects illegal operations

I can tell you for a a fact that NO ONE'S home would pass these air quality tests and would require gutting to remove the mold.

If you're growing a plant for your own use it's not that much of a mould issue. The real grow ops inject massive amounts of water and heat into their buildings. That is what makes the mould growth a problem.

A lot of bathrooms, rec rooms and kitchens in non-MJ houses have mould issues as well but aren't in the same catagory.
 
Have you been into one of these "FOR MY OWN USE" setups?

They are done exactly like a "REAL" grow up.
 
Have you been into one of these "FOR MY OWN USE" setups?

They are done exactly like a "REAL" grow up.

... but presumably using proper ESA approved wiring for any power needed, and with proper ventilation to control moisture build-up.

Or not ... but stupid people are stupid.
 
... but presumably using proper ESA approved wiring for any power needed, and with proper ventilation to control moisture build-up.

Or not ... but stupid people are stupid.

Sounds like you've done a few grow-ups in your time.
 
Seeing these properties first hand, i wouldnt go near them.

If i was to purchase one, i would ensure that the entire house was gutted and rebuilt with all new stuff.
If it wasnt, dont bother. Too many headaches down the road you will encounter, not to mention health issues.

What kind of stuff do you see in them that freaks you out the most?
 
Everything.

From mould, to structural damage to botched wiring to booby traps.

And everything in between.

A high mortgage is scarier.
You get it at a lower value, and you sell it at a lower value. No depreciation, and you save on interest.
 
Everything.

From mould, to structural damage to botched wiring to booby traps.

And everything in between.

What kind of booby traps? I'm pretty sure when we were looking at houses a few years ago a couple of them looked like something was up.
 
A high mortgage is scarier.
You get it at a lower value, and you sell it at a lower value. No depreciation, and you save on interest.

Really??

Buy within your means in the first place. It ain't so scary.
 
You are missing one thing that the OP posted... "another lady lived here for 6 years". If people have been living there for 6 years it cannot be that bad.
Exactly when (period of time) was the house used for that purpose?
Exactly how long has someone been living there since the cops busted the operation?

Get confirmation of the above, and you can do a more informed decision.
 
You are missing one thing that the OP posted... "another lady lived here for 6 years". If people have been living there for 6 years it cannot be that bad.

He didn't mention if she was still alive though ;)
 
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You're right about air quality, the real problem is that any agent selling the house later on is legally bound to disclose that it was a grow op. That stigma will never leave, and is probably the biggest issue. Everything else can be corrected/rebuilt better than new. I guess it could be considered a good deal if you never plan to sell.

as above poster notes, if you are confident any air quality issues have been dealth with, structural issues dealt with etc... you know it was a grow op as this was required to be disclosed, hence you get a discounted asking price, down the road this will remain as disclosable item, unless there is some statute of limitations (I am not an expert) you will likely need to pass along a comparable discount upon selling.

The lingering stigma of the house's past will remain and be a variable to future value
 
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What kind of booby traps? I'm pretty sure when we were looking at houses a few years ago a couple of them looked like something was up.

They purposely remove the joists in the basement supporting the first floor area near the front door.

They will normally use the side door/garage to enter. If police or intruder enters the house, they end up in the basement with broken legs.
 

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