Don't miss The BiggerPockets Podcast - they are great for learning how others are finding success.By the way - here are my favorite articles on Wholesaling:9 Reasons You Couldn’t Find A Buyer For Your Wholesale DealDon’t Start Wholesaling Until You Read This: Wholesale Advice from a Fix and FlipperHow to Start Wholesaling: Getting Past The Education and Into the FieldOh - and be sure to set up some Keyword Alerts- especially for "Red Oak" so you'll be notified when people mention it here in the forums.Thanks again for introducing yourself!

Bigger investors in Memphis have people on their payroll to watch the MLS, so if its on the MLS after 45 days a red flag should popping up in your head.

My guess is that give it a few years and government red tape will make a good idea too costly or time consuming to implement on a reasonable scale, although I hope I am wrong.

If a coach offers his services for an extended period of time, free, that's a red flag to me.

House value: $204,000 Mortgage: $187,000 Effective Rent Income: $16,530 (5% vacancy) Operating Expenses: $5,350 NOI: $11,180 Cash Flow: $-1,924 Cap Rate: 5% After running the numbers above, I will have a negative cash flow of roughly $1924 which is a huge red flag for me (though i was conservative with repairs and vacancy numbers).

Or a red ring on one of the on-the-run connections?

You'll find out if lenders are effectively red-lining this area or this property type.I'd try to lock it up on a low cash offer with time to do thorough inspections.

You need to account for those numbers - vacancy rate, maintenance, management, any utilities you pay for.In my opinion, you're cutting it way to close with the numbers you show here and I'm inclined to think you're in the red every month.

One of my tenants on one of multi-units, who had trouble paying rent sometimes in the past, lost his job two months back. I called his employer and confirmed that. I know he lived on paycheck to paycheck. The probl...

While the female of the couple seems to be on the up and up, the male is throwing up red flags everywhere.I have been dealing with the female and feel that I need to deny them based on all the info that does not add up on her boyfriend.