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Updated over 18 years ago on .

User Stats

47
Posts
0
Votes
Mike Smith
  • Real Estate Investor
  • St. Louis, MO
0
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47
Posts

Due diligence over the phone

Mike Smith
  • Real Estate Investor
  • St. Louis, MO
Posted

New investor here. Looking to initially get into landlording and have just begun to look at properties. It seems like I see quite a few advertised. In order to attempt to weed them out, are there certain questions you ask the current owner over the phone before you consider looking at the property. Obviously, questions re cash flow will be crucial, but are there other issues you cover over the phone that would eliminate a property from consideration before you see it? I hope the question is clear. Let me know if it isn't.