All Forum Posts by: Steven Barr

@Steven Barr-1) many lenders will have a certain  limit on the  amount of  financed  properties  owned ... often the limit is  5  or  7 or  10  ......if you have many properties  with loans on them - your  first  step  should be to locate a  lender that  doesnt have any limit  and  once  you have located this  lender - then  ask  about the  timelines   2)  if you are  wanting  one loan tat  covers  multiple  properties - this is not possible 

LOL, You're welcome and I'm happy to assist. I kind of fell into this industry while I was flipping homes back 10 years ago. In Florida you need to be licensed and insured to test and remove mold. Insurance companies were paying good$$ so I figured what the heck and added it to my GC license.  you can see some of our horror stories on FB and IG by searching CVP Mitigation

 Depending where it is. Anything porous like carpets, drywall, insulation, wood laminate flooring, etc should be tossed and replaced. Cabinets should be tossed as well but we sometimes clean and encapsulate them if they are custom. Use Hepa vacuums on all the surfaces and wipe everything with a antimicrobial. AC ducts and units should be cleaned by a reputable company. The most important thing is to have a clear lab test from a licensed company. That is what will offer you the most protection. Mold is everywhere and airborne but your inside levels should never be greater than the outside which indicates a problem.

I am a contractor in Florida that specializes in Mold assessments and removal. Over 9 years I have seen many cases where either the owner or handyman covered up mold with kilz or paint to get a property rented or sold. The latest one was a $2,500 monthly rental that looked absolutely stunning and fully remodeled. After a month of being in the unit the tenant developed respiratory issues and ended up in the hospital after experiencing bloody nose and asthma attacks. In this particular case the tenant hired a company to test the house and found toxic levels of mold. The homeowners handyman allegedly covered up the mold in the walls caused by an AC condensation leak. This could have been resolved during the remodel for probably $500. Now the owner owes this tenant moving expenses, lawyer fees, all new furniture(negotiated during settlement), medical bills, dry cleaning and washing of all clothes, sanitizing of all her personal effect, and refund of every cent paid. Plus he had to hire my company to remediate the house so he can have a layer of protection when he rents it out again. Simple solution is have a licensed and insured company run an air test( +/-$500) prior to renting/buying and take care of it. It will cost much more after.  And No- bleach, vinegar, kilz, foggers, will properly remove mold from a building, it needs to be removed. Whenever any of my tenants mention mold, I resolve it quickly