s market. But these houses tend to be far from deeply-discounted or bargain-priced investments.

Some house problems constitute severe potential pitfalls in real estate investing. The most critical problems are foundation irregularities and mold.

I inspected a house recently that had serio

Houses can have lots of problems

Real estate investing requires expertise in recognizing these problems and the costs for repair.

Sometimes you stumble onto a jewel investment by discovering a house where mom was an excellent housekeeper, and all that’s necessary is minor cleanup of the premises to prepare for selling. But the truth is that most people don’t even sweep the floor when they move after the house is sold. And sometimes the house they leave behind is a wreck.

If a yard looks trashy and overgrown, you know how to pick up the garbage and mow.

If the walls look drab and shabby from years of neglect, you know how to replace new wall paneling or repair holes with wallboard mud. If these basics are not understood, you can always get a quick lesson at your neighborhood Home Depot or Loew's.

But zilch experience is necessary for slinging a paintbrush, unless you are just sloppy. Paint is the easiest of options in giving fresh renewal to property.

Cosmetic repair is simple and easy. You can either do it yourself or hire a handyman.

Houses that really only need some yard work and a few gallons of paint are readily found in the real estate buyer's market. But these houses tend to be far from deeply-discounted or bargain-priced investments.

Some house problems constitute severe potential pitfalls in real estate investing. The most critical problems are foundation irregularities and mold.

I inspected a house recently that had seriou

remises to prepare for selling. But the truth is that most people don’t even sweep the floor when they move after the house is sold. And sometimes the house they leave behind is a wreck.

If a yard looks trashy and overgrown, you know how to pick up the garbage and mow.

If the walls look drab and shabby from years of neglect, you know how to replace new wall paneling or repair holes with wallboard mud. If these basics are not understood, you can always get a quick lesson at your neighborhood Home Depot or Loew's.

But zilch experience is necessary for slinging a paintbrush, unless you are just sloppy. Paint is the easiest of options in giving fresh renewal to property.

Cosmetic repair is simple and easy. You can either do it yourself or hire a handyman.

Houses that really only need some yard work and a few gallons of paint are readily found in the real estate buyer's market. But these houses tend to be far from deeply-discounted or bargain-priced investments.

Some house problems constitute severe potential pitfalls in real estate investing. The most critical problems are foundation irregularities and mold.

I inspected a house recently that had serio

ab and shabby from years of neglect, you know how to replace new wall paneling or repair holes with wallboard mud. If these basics are not understood, you can always get a quick lesson at your neighborhood Home Depot or Loew's.

But zilch experience is necessary for slinging a paintbrush, unless you are just sloppy. Paint is the easiest of options in giving fresh renewal to property.

Cosmetic repair is simple and easy. You can either do it yourself or hire a handyman.

Houses that really only need some yard work and a few gallons of paint are readily found in the real estate buyer's market. But these houses tend to be far from deeply-discounted or bargain-priced investments.

Some house problems constitute severe potential pitfalls in real estate investing. The most critical problems are foundation irregularities and mold.

I inspected a house recently that had serio

you are just sloppy. Paint is the easiest of options in giving fresh renewal to property.

Cosmetic repair is simple and easy. You can either do it yourself or hire a handyman.

Houses that really only need some yard work and a few gallons of paint are readily found in the real estate buyer's market. But these houses tend to be far from deeply-discounted or bargain-priced investments.

Some house problems constitute severe potential pitfalls in real estate investing. The most critical problems are foundation irregularities and mold.

I inspected a house recently that had serio

s market. But these houses tend to be far from deeply-discounted or bargain-priced investments.

Some house problems constitute severe potential pitfalls in real estate investing. The most critical problems are foundation irregularities and mold.

I inspected a house recently that had serious foundation problems. My attention was first called to the entrance steps with broken brick due to shifting of the house on its foundation. As I walked around the inside of the house, I saw that the sheet rock had cracked in several places on the level above the entrance steps. What was obvious to me was obvious to every other buyer who had seen the house, which explains why the property had been on the market for over 200 days. So as this red flag went up about the foundation problem, my curiosity was also raised about the cost of repair. I know nothing about foundation problems, and I would never tackle such a problem on my own. But I knew there were specialists in the area with expertise in foundation repair. So, I got a couple of estimates before deciding if the purchase price was fair.

Mold!!!

One of the most serious problems in buying any house today is mold contamination, especially in the southeast. This is a recent problem that we never experienced in the past with such prevalence. Let me warn you: repairing a mold-infested house can cost you big bucks. Even in excess of $100,000!

An infested house must first be tested by a certified lab to ascertain the extent