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WARNING - USA investors READ THIS!

Submitted by kenCarter on April 16, 2010 - 3:12pm.

Joined: 22/09/2009

This heads up applies to any US property that has been built/repaired/renovated in the last 10 years (especially 04-08).
The States imported a massive amount of cheap Chinese plasterboard over the last decade which they are now finding out is made from contaminated power station waste.
From what I understand the  plasterboard or 'sheetrock' is emitting toxic gasses (hydrogen sulphate), and eroding anything copper in or near the walls (water pipes, AC units, electrical wiring).
There is plenty of information about the issue if you google "chinese sheetrock"


April 16, 2010 - 7:07pm

Joined: 27/03/2010

Hi Ken.

Yes, I believe this problem relates to newer properties built recently.  When looking in locations such as Florida the advertisements refer to it as 'Chinese drywall'.  I assume a building inspection would rule it out?

Regards,
G


Scott No Mates's picture

April 16, 2010 - 9:59pm

Joined: 04/05/2005

Puts a new spin on 'sheeet wall' ;)

I am opinionated. Take me at face value, read between the lines.

http://www.reao.com.au/forum/entry.php?80-How-bright-is-your-agent


urbanedge's picture

April 27, 2010 - 10:37pm

Joined: 09/03/2010

kenCarter wrote:
There is plenty of information about the issue if you google "chinese sheetrock"

thank you for the right keyword ken..
i search it on google and i found many sources about it.. well  , it really  did make a very big issue ...

it became a nightmare for those who are affected ..

Home and land packages


doublekfarm's picture

April 30, 2010 - 12:01am

Joined: 29/04/2010

Hello :)
Most of this rock was distributed throughout the southern states of the US. Having been in the drywall trade for over 30 years, I can assure you it was used in Atlanta and Florida. I am NOT trying to put folks off from investing there etc, but it is definitely something that needs to be looked for and asked about when considering purchasing a property. There have been attempts to get the builders who used this rock in their homes to be responsible for its removal, no luck there! This rock was also used in remodels, so another thing to watch for when researching a property. As said previously its really nasty stuff that affects a lot of a homes components and the replacement and repair costs can be high.

Just my two cents worth, thought it might help a little.

Cheers
Jean

~~My comments are purely my opinion,based on "hands on" experience in the property investing market. I hope that what I write helps future investors be successful in their investing ventures ~~~


April 30, 2010 - 12:56am

Joined: 30/04/2010

Chinese Dry wall is a concern in Florida on properties build from 2000 onwards from what we have seen. When we purchase our properties this is the first thing we look for and reject any property that has it. Our partners in Florida, due to viewing so many properties now can identify easily if a property has Chinese dry wall to save time and money with a inspections. As it effects the electrical wiring checking behind wall sockets can show tell tail signs.

Paul


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