Mold! That’s a scary word in real estate. No one wants to live in a house with mold. And what investor would ever want to tangle with that icky problem?
If that’s been your thinking – listen up! You might be leaving a lot of dollars on the table.
Hi Moguls, Jason Lucchesi here, and I have some insight for you when it comes to finding deals—and finding the right kinds of deals that will bring you consistent profits.
In this lesson, I’m talking about finding mold-infested properties – why and how to find these deals. No, I’m not kidding.
The mere mention of mold will nearly always steer anyone in the opposite direction, including real estate investors. The main reason is that they don’t know the level of the mold that’s in the property, so it tends to scare people off. The first scary thought is that it will require a sizeable investment just to get the property safe and livable.
The Only Major Problem
Let’s…
Jason Lucchesi
Jason Lucchesi is the co-founder of real estate and marketing company Global Fortune Solutions, LLC. Jason has been in the real estate industry since 2002, where he began his career as a Loan Officer. His career flourished in the mortgage business when he accepted an Account Executive position with Countrywide in 2004. Within his first six months, he had achieved the #1 Account Executive in the Midwest territory. In January of 2006. During this time, Jason began investing part-time in multi-family rental properties while also becoming involved in wholesaling. By 2006, Jason was transferred to the Indianapolis area to save a struggling branch. He quickly took the branch out of the red into the green while also beginning to purchase distressed residential properties part-time. In 2007, Jason began pursuing his ultimate dream of becoming a full-time real estate investor and began investing in REOs in 2008. Since then, Jason has been involved with many aspects of real estate including short sales, tax sales/deeds purchasing, purchasing homes in distress, wholesaling, and many other avenues. Jason has been married to his wonderful wife Jamie since 2007, and they are proud parents to their sons Brady and Gavin.