Michelle S.
Some red flags to watch out when purchasing a house
I was in the middle of closing a deal and found out the title has some issue. Thanks BP family's help and advice. I want to summarize some red flags to watch out when you are buying a house (also I want to record this...
Julie DeWolfe Arroyo
New builds are 2 YEARS out, and other red flags
South central Idaho housing shortage is beyond painful. I am pondering the impact that local builders have because they are contracting for builds 2 years out. Since the contracts are between builder and buyer I won...
Gil Pang
Guide/Cheat Sheet - Home Purchase possible repairs and red flags
Hi all,i'm looking to start my buy and hold strategy on multis. as i am starting off , i need to build a solid foundation so i don't get taken out of the investing game early. i know buying a home isn't just putting...
Sam German
Tenant Pre-Screen. Can I ignore someone presenting red flags?
First time renting out a home.
Posted on Zillow and got some responses.
One of the guys filled out a form which provided info that he made half the required amount, move-in date way too early, bad credit, etc.
Basi...
Steven Haughey
Closing in a few days. Cold feet or red flags?
Got a property under contract that's is going to be my first investment. Its a duplex in a decent neighborhood, half of which is already rented for 800/mo. Issue is with the inspection I had done. Sewage in the baseme...
Ruth Gottuk
Buying Baltimore: Red flag or typical for vacant rowhouse sale?
Hi All,I'm investigating rehabbing Baltimore City row homes as a career change. I'm a mechanical engineer; I've done some home additions and built small houses as a hobby. I'm looking to get into rehab/flipping as m...
Dave W.
potential mentor--what red flags should I look out for?
A couple of weeks ago, I was at a local car wash waiting for my truck, & I called a mortgage broker about some info I sent him to get pre-qualified for a loan. A man standing nearby overheard part of my conversati...
Alin Toncz
Need help with an investors name; too many red flags
Hi,
I'm Alin. I was perusing FB to see what investor profiles I can get to connect with. Finally, I connected with this lady out of Palm Bay, FL & Poplar Creek, Missouri. She said she'll get me 100% financing for...
Sandra Han
Property Management Co., is this a red flag or normal?
If the rent I collect is $975, instead of the PM co. taking its $97.50 (10%) cut, it rounds it up to $98, since it's only 50 cents more each month, is this normal?If this PM co. rounds up its management fee, I wonder ...
Account Closed
First time MF buyer from out of state .... red flags?
Hello Bigger pockets! I've been part of the forum for about 3 years now, and have finally decided to take action on buying my first property as a GP. I have chosen the Cleveland area as I would like to purchase someth...