Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 2 years ago,
How to identify poorly done flips
I'm just starting out building my rental portfolio after recently retiring. I plan to be adding 3-6 houses a year for the next few years, but nearly everything in my area is a new flip. I'm not opposed to the flips as I'm not really interested in a fixer, but I know some people in my area who have bought recent flips and have found a lot of mistakes and cut corners. What's the best way to stay ahead of that and not buy someone's cheaply, poorly done flip? I know we will get each home inspected after the offer is accepted, but is there anything else we can do or anything else we can look for?