I once heard a story about a real estate investor and his agent who went into a property in disrepair with a wretched smell. The agent gasped, "What is that smell?!?!?" to which the investor replied, "Smells like money!" A lot of times a something that makes a property really undesirable can be an opportunity for a real estate investor to add value.
This past week, I toured 2 properties with mold warnings. Mold effects people differently and it wasn't clear how much mold was in each property, but not wanting to take any chances, I donned the mask-- and so did our client!
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