My cost of the rental house after renovation is $100k. I can rent it for $850/mo (roughly 8% return after property taxes/ins.) or I can sell it for $150K (and pay around 25% income taxes) or I can take an equity loan for part of the value, get some income and buy the next rough diamond. Ideas?

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My friend had her 1940s house renovated in the summer of 1999, would the builders who done the work have known if there was asbestos in the property before doing the work. This is something I’ve always wondered if builders are gutting an old house and asbestos is known to be in old wall plaster, flooring, boilers etc, how do the builders know if the old plaster etc that they are ripping out contain asbestos or not, or do they do tests first. I live in the Uk.

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I just moved out of this home and need to insure it while it is being remodeled and then until it is sold. Any help?

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