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29 January 2025 | 7 replies
The latest red flag is his belief he purchased a "fully renovated" property in Philadelphia for $115K.
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30 January 2025 | 62 replies
Now maybe MAYBE 10% of these come back flagged for something.
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23 February 2025 | 9 replies
I did a test and ran a background check on someone who had felonies and misdemeanors and the website flag them as not having anything, which is why I stopped using them.
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3 February 2025 | 1 reply
.⚠️ Beware of these red flags:🚨 Bad partners who don’t communicate or operate ethically🚨 Financial arrangements that don’t make sense🚨 Risk levels that are too high for the returnIf ANY of these ingredients are bad, walk away—even if the deal looks profitable on paper.🚀 Lesson: Part of a good deal is better than 100% of no deal, but 0% of a bad deal is better than any piece of a bad deal.Final ThoughtsToo many investors make the mistake of wanting 100% ownership and control—but they forget that it’s better to own part of a great deal than to own nothing at all.🏡 Real estate is a team sport—and the investors who understand this scale faster, learn more, and build more wealth.Discussion Questions for You:1️⃣ Have you ever walked away from a deal because you wanted 100% ownership?
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28 January 2025 | 0 replies
.🎯 The Buffett Dividend Strategy Coca-Cola remains one of the best examples of Buffett's philosophy in action:1988-1989: $1.3 billion investmentHeld for 30+ yearsGrowing dividend income streamShows the power of buying quality assets and holding for cash flow💳 The American Express StoryBuffett began buying AMEX in 1964 during the "Salad Oil Scandal" crisisMade a larger investment in 1991Berkshire now owns about 20% of American ExpressThe investment has generated billions in dividend incomePerfectly demonstrates Buffett's principle of buying great companies during temporary troubles (just like smart real estate investors who buy in good areas during market dips!)
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31 January 2025 | 26 replies
Been in law enforcement for some time and while they do evolve over time, they will keep the same red flags in for long enough for people to figure them out and spot them.
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5 February 2025 | 18 replies
if they are pressuring you like this.PLEASE watch the American Greed Episode on Remmington Financial .not saying these guys wont or don't fund of course.. but when I do my deals with my banks its common that I pay for the phase one and the appraiser directly..
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11 February 2025 | 5 replies
That being said, if a seller is pushy about financing it does raise a yellow flag for me, perhaps they want to finance because they don't want a bank or anyone else looking under the hood.
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24 February 2025 | 22 replies
Also look back on their application and see if you missed any 'red flags" so this can be a valuable learning experience for you.