Invasion of the Weeds

The Real Estate Espresso Podcast

Invasion of the Weeds

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Invasion of the Weeds: Understanding Invasive Plant Species in Real Estate Investing

Today, we delve into the ever-evolving topic of invasive plant species… to bring light on how these plants can impact your investment choices and the need for due diligence.

The Threat of Wild Parsnip

First on our list of invasive weeds is the wild parsnip, a plant native to Europe and Asia, initially introduced to North America by European settlers. Unfortunately, this seemingly innocent plant, also known as poison parsnip, has taken root wildly across the continent. Boasting a fast growth rate and easily dispersed seeds, this member of the carrot family poses a threat not only from its rapid spread but also from its highly toxic sap, causing severe burns, rashes, and blisters on human skin. Its eradication, especially from large infestations, requires costly professional extermination and use of herbicides, often spanning several years.

Checklist for Invasive Plant Detection	Regular Actions Required
Verify immediate and neighboring properties for signs of invasive plants	Regular checks every couple of weeks
Look for signs of skin irritation, burns or rashes after contact with plants on property	Use protective clothing when in contact with unknown plants
Watch out for rapid plant growth and spread	Implement regular clean-ups
Identify common invasive species like wild parsnip and Japanese knotweed	Stay updated on prevalent invasive species in your region
Note any structural damages possibly caused by plant roots	Schedule regular inspection of building structures

Pay close attention to neighboring properties, for even if you have none of these destructive weeds on your property, the wind or birds can propagate seeds from a nearby infestation over to your land.

The Resilience of Japanese Knotweed

Next is the Japanese knotweed, a species that emulates bamboo plants but with a more insidious spread. This plant’s clumpy growth, attractive white flowers, and easy maintenance made it a favorite among gardeners, ignorant of its relentless invasive nature. Its expansive growth outmatches other plants, damaging building structures with strong shoots that break through retaining walls, walkways, and foundations. Just like with wild parsnip, removing it is a challenge, usually requiring physical excavation or herbicide poisoning over several years.

So, as part of your due diligence process before purchasing a property, have an extensive check carried out for these invasive plants. Their pervasive and damaging nature could turn your dream investment into a costly nightmare.

That’s all for today’s segment on the Invasion of the Weeds. I hope you found this valuable for your real estate investing journey. Have an awesome rest of your day, go make some great things happen, and we’ll talk to you again tomorrow!

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