Lake Tahoe investments
Gas from Tahoe Tom's leaking into nearby drinking water well
Submitted by paula on Fri, 08/22/2014 - 8:17pm
With a $412,900 fine from previous violations in 2007 still outstanding, Tahoe Tom's Gasoline Station in South Lake Tahoe is once again in trouble with the Lahontan Regional Water Board.
Recent water samples from a drinking well at a Stateline area motel near Tahoe Tom's have revealed the presence of the contaminant MTBE (methyl tertiary butyl ether) at concentrations above the drinking water standard for taste and odor. The detection in MTBE from the well have been increasing during the past year, probably as a result of drought conditions lowering the water table.
Is now the time to invest in Lake Tahoe?
Submitted by Editor on Mon, 04/22/2013 - 10:50amNow is a great time to invest in Lake Tahoe, whether it's a vacation rental, long term rental, multi-units/apartments or retail buildings. With the continued low interest rates and property prices still considered low, now is the time to pull the trigger before it's too late. I advise my clients that waiting will not help their situation. The biggest challenge is the lack of homes for sale. The key to to watch for new listings as they get posted to the MLS system.
