All Forum Posts by: Meggen Morrison

My boyfriend and I moved into an investment property a few months ago and had we've been fixing it up. We hit black mold in the laundry room of a small 4 bedroom 2 bath house. I found out my home insurance covers me up to $10000 for mold and I wondering if it's OK to use it or if I should do it myself. Thoughts?

Does an empty lot have more value to a potential investor vs a property with a debilitated house on it? (Seems rhetorical to ask)

Thoughts are that the debilitated house is considered a liability and the empty lot is considered an asset. If you can buy low and demo the house cost affordably, then you can relist higher for a quick profit.

How do you go about finding the empty lot value vs the current property value?

Thanks in advance!