Fix it now or fix it later

Fix it now or fix it later

I have a property that has cracked sewer line. Roots will plug up the line about every 18 months. The property is a long term hold so I was faced with keeping the sewer line open. I got an estimate to replace the line from the edge of my house to the manhole which is nearly 50 yards away, crosses a city street and because of the topography is very far below ground level. Estimated costs to replace the line was $5,000 plus. Hiring a plumber to auger out the line costs about $150 per year. Figuring a ten percent cost on the replacement investment the decision was pretty easy $500 or $150. That is the type of decision investors must make every day; what will be the best use of your resources.

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