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18 January 2016 | 16 replies
They both would likely show any red flags that need to be waived, just the smart move showed more details about the accounts opened and number of ontime payments, open date etc and current and prior addresses associated with their credit...
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12 January 2016 | 8 replies
If there is evidence of significantly more cracks under load bearing walls, that would be a red flag.
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14 January 2016 | 27 replies
Match the landlord to the address and if they skipped one, that's a red flag.
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12 January 2016 | 6 replies
Lots of BPers taught that 50% rule and you will not be hurt with it, but a good property has an expense ration of 30% GSI and any higher is a red flag due investigation.DSCR is a detail demanded by the lender and today numbers like 1.2-1.3 are common.What to I look for?
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13 January 2016 | 11 replies
@Jacqulyn Hughes if you don't mind, might I take that bolded part of your excerpt and send it to my RE attorney for his opinion so I can be protected?
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17 January 2016 | 10 replies
(I will check back later to see if that little red logo is added).But yes, you can argue: hypocrisy; but, I am not a Wholesaler...
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15 January 2016 | 7 replies
@Keanu WapplesWelcome to BiggerPockets, a place to interact with a vibrant REI group, learn the real estate business and language.Since you didn't mention a specific REI area of interest, I added the below links to three of the most popular niches for you to review, pick one and focus on it.https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?
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15 January 2016 | 22 replies
Thanks,Rohit I also looked up this property and noticed two red flags.
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14 January 2016 | 7 replies
In your examples:- Carpet stains with dirt accumulated over time are your responsibility vs. a red wine stain over a new white carpet is the tenant's responsibility.
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18 January 2016 | 31 replies
You may want to Google "Red Arrow Park shooting" for an example.