When I closed my first deal, I was a bit nervous and I had this weird feeling that the homeowner would feel that I was taking advantage of them. The total opposite happened. The homeowner was elated that I was able to help her get rid of her problem. I’ll never forget, after the closing, the homeowner looked at me with tears in her eyes and thanked me. She said, “I can now look forward to sleeping tonight”

This poor woman had been unable to sleep for months and here I was able to provide a solution for her problem and give her peace of mind. I now knew I was doing the right thing and in the right business.

I’m pretty sure that many of these homes may have been rehabbed and this could be a moot point.

Seriously though, while I do not intend to actively venture into the rehab aspect of investing, this information certainly could not hurt.

Check out Pete Young’s lead based initiative certification class once it kicks off. It is in Atlanta but the guy really knows his stuff and has been doing this longer than a lot of “flash-in-the-pan” gurus.

Heck, maybe we can convince him to come back to South Florida and do a certification event just for us!!

Cheers!

First off, I think that the external water collection piece of this is absolutely absurd! What about hedges, spray, cost, etc. I guess the solution is to paint over the dirt and sulfur stains instead of pressure washing.

On the proactive side…

Just because a property was built before 1978 does not actually mean that it has lead paint. In fact, there might be a good chance that it does not. With that being said, what are the sources to utilize to do an inspection to certify that it is lead free? Where do you find these firms to provide these services? How much is this service? What years are the ones to really statistically watch for? If this inspection cost is reasonable, perhaps this isn’t really that much of a hurdle. Thoughts?