Real Estate Information

Luxury Real Estate Information


Rancho Palos Verdes, California Homes
Palos Verdes, California Homes
South Bay, California Homes
Luxury Mexican Beachfront Homes

Featured Properties


Oceanfront Estate Near Trump National

Related Information


Loan Information
Real Estate Information
Mortgage Refinance Information

Moldy Homes are a Great Investment


Have you seen this in your classifieds? -"Will pay $$$ for moldy homes. Call 555-555-5555"

All you have to do is watch the news and you know about mold problems. We hear about Ed McMahan suing because his moldy home killed his pet dog. We also hear about Erin Brockovich and Sandra Bullock's problems with their brand new moldy home.

* Mold has been traced to people dying in moldy homes.

* Mold has been proven to be the leading cause of sinus infections * (Mayo Clinic 1997)

http://www.mayo.edu/proceedings/1999/7409a1.pdf

* Mold will destroy the wood in a house.

* Mold loves to grow on wallpaper and drywall.

* We have actually seen it grow on glass.

People have had to move out of these houses. Sometimes even letting the bank take back the house because repair costs are prohibitive for most homeowners. As we all know, the home insurance policies aren't covering these damages any more.

Not all people stuck with these problems give their homes back to the bank. But many times they are motivated sellers. And people who invest in real estate love motivated sellers.

Before now, divorce created most of the motivated sells. Move over quarrelling couples.

But the title of this article tells us that mold creates a great investment. How can that be true if mold destroys the health of the homeowner?

The answer is that mold can be fixed inexpensively.

The people who want to move out have been told that it will cost up to $80,000 to get their home fixed. Some people actually do spend this money and find out they still have the mold problem.

Why?

Because most mold abatements are made by construction companies. Many of these companies are â??mold specialistsâ?? because they have taken a 3 day weekend class. It takes a Mycologist up to 8 years of college to learn the minimum amount of knowledge required to understand mold in the home.

Eight years versus 3 days. HHHmmmm !

Knowing how to tear down walls isn't the same thing as knowing how to eliminate mold.

So if someone hesitates at paying these unreasonable prices, they become a motivated seller.

Opportunities are made from these problems.

Want to find these houses? Go to your bank's home loan office. Advertise in your paper. They are everywhere.

Of course, you don't want to buy just every house. You just want sick houses, not dead houses.

* Go into the crawlspace and stick a screwdriver into the floor joists. Are they rotted?

* Look at the dry wall is it just green or is it falling apart?

* Is the roof sturdy? Can you see light coming through holes in the roof?

* If the building isn't falling apart, you have a "diamond in the rough."

* Contact a mold specialist. A Mycologist, not a contractor. They can walk you through eliminating the mold, step-by-step.

* We know a family quoted $80,000 to fix a moldy home.

They solved the problem for 85 cents. That house just needed some duct tape on their A/C ductwork to cover up cat scratches.

* Most repairs aren't that cheap. The average house is around $2000 to do an $80,000 repair.

Contractors also tend to spray chemicals that are more dangerous than the mold. They will often say something like this - "Its EPA approved."

My old EPA law instructor said that EPA approval just means that it won't kill MOST people.

A Mycologist will use something that kills the mold but won't hurt the homeowner. Mycologists are aware of the effect of these chemicals on people.

It is a matter of focus. Are you focused on the house [an inanimate object] or are you focused on people?

If you can buy a house worth $100,000 for $30,000 and fix it up for $2,000 there is $68,000 profit. Rent the house or sell it for a profit. They find another moldy home and do the same thing again and again.

For 30 years, Dr Graham has been helping people treat andprevent disease by showing them how to live in a clean environment.


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


New York Times

Recent Commercial Real Estate Transactions
New York Times
$14.25 MILLION. 186-188 First Avenue (between East 11th and 12th Streets). Manhattan. A local investor bought these two five-story East Village walk-ups, totaling 14,900 square feet with 50 feet of frontage. They offer 16 two-bedroom apartments, which ...



Macy's, Inc. Real Estate Sales Will Continue in 2018
Motley Fool
Despite the improving sales trends, many analysts expect Macy's to face continued earnings pressure in 2018. The average 2018 EPS estimate -- which probably ignores the recently implemented tax reform law -- is just $2.86. Bears often point out that ...

and more »


Mother Jones

Eric Trump Stands to Profit Bigly From Sweetheart Real Estate Deal With His Dad
Mother Jones
He bought two previously unsold condominium apartments at Trump Parc East for just $350,000 each, about half of the price they had recently been listed for. Such bargain basement sales are usually treated as gifts by the IRS. But they might not have ...

and more »


Made a real estate deal? Tell us about it
Crain's Detroit Business (blog)
For my new weekly Real Estate Insider email newsletter — which you get with a Crain's Enhanced Membership — we are creating a weekly roundup of submitted commercial real estate deals. The purpose is to add value that you won't be able to get ...



6 secrets to getting a real estate listing every day
Inman.com
We all know that listings are essential to success. Increasing the number of listings you collect each month allows for more possibilities for your business, and it's the most direct way to improve your real estate productivity. The keys to achieving ...



Realtor.com News

Really Bad MLS Photos: 5 Horrific Real Estate Pics | realtor.com®
Realtor.com News
Real estate photos can be gorgeous—or horrifyingly ugly. As proof, look no further than the Facebook group Really Bad MLS Photos, where members share the biggest clunkers they've seen. Seven years ago, Paul Meleedy, a real estate agent in Lakeville ...

and more »


How real estate pros can survive the Facebook news feed change
Inman.com
Facebook's founder, Mark Zuckerberg, announced that the company will overhaul the algorithm for the platform's news feed. Gearing toward “meaningful social interaction” and away from, what it deems, “relevant content.” Why is this important for real ...

and more »


WK Real Estate Earns RELO Quality Certification
RisMedia.com (press release)
Boulder, Colo.-based WK Real Estate has been awarded the RELO® Quality Certification (RQC) from Leading Real Estate Companies of the World® (LeadingRE), the network recently announced. The only program of its kind, the RQC quantifies and qualifies true ...



The Columbus Dispatch

Hot real-estate markets in 2018 leave Midwest cold
The Columbus Dispatch
Columbus and the rest of the Midwest will be left out in the real-estate cold this year, according to the annual forecast of hot real-estate markets by the real-estate service Zillow. None of Zillow's Top 10 hottest real-estate markets are in the ...

and more »


Washington Post

How to expand your real estate investing business into a new market
Washington Post
In my last article, I talked about what I see as danger signs for the Washington-area real estate investment market. I have had those concerns for quite a while, and for the past year or so I've been putting together a plan to diversify my real estate ...
Regal Real Estate Investment Trust (HKG:1881): Is Real Estate An Attractive Sector Play?Simply Wall St
Canadian Real Estate Investment Trust Announces January 2018 DistributionGlobeNewswire (press release)
Financial Newsletter - Zacks Investment ResearchZacks Investment Research
Zacks Investment Research
all 164 news articles »

Google News

home | site map
© 2006 TIGER MEDIA