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16 November 2018 | 14 replies
be prepared to walk away.also, a lot of red flags. 1 bedroom, that might cause a lot of tenant churn some say.
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9 November 2018 | 17 replies
Red about eviction process in Philadelphia and Landlord-Tenant law.
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9 November 2018 | 1 reply
It is probably pretty close to their actual score but you just need to look through their report anyway to check for red flags.
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16 September 2022 | 30 replies
But anytime have a big headache when taking over property, especially going into a rental arrangement, then that is a red flag for me.
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16 November 2018 | 9 replies
If those numbers meet or exceed your desired returns, it is a good deal for you.In regard to their projections, a few things to look at:What are there annual income and expense growth assumptions (anything higher than 3% is a red flag)How are they calculating the exit cap rate (an exit cap rate is lower than the in-place cap rate is a red flag)What are the statuses of the major systems, like roofs, HVAC, windows, plumbing, etc.?
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11 November 2018 | 7 replies
What are some red flags on this one?
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5 December 2018 | 9 replies
It is red hot like many other major cities.
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11 November 2018 | 4 replies
You only paid the deductible and the insurance company paid the rest is a red herring.
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12 November 2018 | 2 replies
No major red flags outside of the basement, I am just working on a slim renovation budget, so the little things piled up.Today, I received a text from my agent that the sellers are willing to negotiate lowering the price/handling the work that is needed in order to keep the deal alive.
13 November 2018 | 4 replies
Huge red flag w/ underwriting when a borrower has a new base salary higher than previous earnings and the 'employer' is an immediate family member.