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Updated over 14 years ago on . Most recent reply

User Stats

148
Posts
174
Votes
Joe M.
  • Real Estate Investor
  • Hartville, OH
174
Votes |
148
Posts

Gut Instinct?

Joe M.
  • Real Estate Investor
  • Hartville, OH
Posted

I'm evaluating a deal that on paper looks fantastic.

The numbers all work out, the property is in a great location, the price is incredible etc. etc.

The thing is I have this nagging feeling that I'm missing something, the "this is to good to be true" feeling. I'm doing all my due dillegence on this property but I just can't dismiss that feeling that something is fishy with this deal.

The two other houses I bought this year I did so without hesitation so I don't really have a problem "pulling the trigger" on a deal.

Do you guys ever find yourself in this situation? Ever back away from a deal based soley on instinct rather than hard facts?

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