Moldy Homes are a Great Investment

All you have to do is watch the news and youthing as knowing how to eliminate mold.
know about mold problems. We hear about EdSo if someone hesitates at paying these
McMahan suing because his moldy home killed hisunreasonable prices, they become a motivated
pet dog. We also hear about Erin Brockovich andseller.
Sandra Bullock's problems with their brand newOpportunities are made from these problems.
moldy home.Want to find these houses? Go to your bank's
* Mold has been traced to people dying in moldyhome loan office. Advertise in your paper. They
homes.are everywhere.
* Mold has been proven to be the leading causeOf course, you don't want to buy just every
of sinus infectionshouse. You just want sick houses, not dead
* (Mayo Clinic 1997)houses.
* Mold will destroy the wood in a house.* Go into the crawlspace and stick a screwdriver
* Mold loves to grow on wallpaper and drywall.into the floor joists. Are they rotted?
* We have actually seen it grow on glass.* Look at the dry wall is it just green or is it
People have had to move out of these houses.falling apart?
Sometimes even letting the bank take back the* Is the roof sturdy? Can you see light coming
house because repair costs are prohibitive forthrough holes in the roof?
most homeowners. As we all know, the home* If the building isn't falling apart, you have a
insurance policies aren't covering these damages"diamond in the rough."
any more.* Contact a mold specialist. A Mycologist, not a
Not all people stuck with these problems give theircontractor. They can walk you through eliminating
homes back to the bank. But many times theythe mold, step-by-step.
are motivated sellers. And people who invest in* We know a family quoted $80,000 to fix a
real estate love motivated sellers.moldy home.
Before now, divorce created most of theThey solved the problem for 85 cents. That
motivated sells. Move over quarrelling couples.house just needed some duct tape on their A/C
But the title of this article tells us that moldductwork to cover up cat scratches.
creates a great investment. How can that be true* Most repairs aren't that cheap. The average
if mold destroys the health of the homeowner?house is around $2000 to do an $80,000 repair.
The answer is that mold can be fixedContractors also tend to spray chemicals that are
inexpensively.more dangerous than the mold. They will often
The people who want to move out have beensay something like this - "Its EPA approved."
told that it will cost up to $80,000 to get theirMy old EPA law instructor said that EPA approval
home fixed. Some people actually do spend thisjust means that it won't kill MOST people.
money and find out they still have the moldA Mycologist will use something that kills the mold
problem.but won't hurt the homeowner. Mycologists are
Why?aware of the effect of these chemicals on people.
Because most mold abatements are made byIt is a matter of focus. Are you focused on the
construction companies. Many of these companieshouse [an inanimate object] or are you focused
are "mold specialists" because they have taken aon people?
3 day weekend class. It takes a Mycologist up toIf you can buy a house worth $100,000 for
8 years of college to learn the minimum amount$30,000 and fix it up for $2,000 there is $68,000
of knowledge required to understand mold in theprofit. Rent the house or sell it for a profit. They
home.find another moldy home and do the same thing
Eight years versus 3 days. HHHmmmm !again and again.
Knowing how to tear down walls isn't the same