Raj Kumar
Any red flags here ?
Hi, I am the first time landlord and this is my very first property for LTR. I just listed a new construction single family home for rent, and I signed the lease with one of the application and lease starts from end o...
Account Closed
Schedule E Red Flags
Hi,I looked on my returns this year on my schedule E and on one of my rentals my CPA didn’t put an amount in my utilities section. Would that be a red flag for the IRS for audit? The building is a multi family 6 unit....
Minh Nguyen
Mortgage Broker Red Flags
I spoke to my very first mortgage broker today (referred by a friend) and as soon as we got on the phone I was immediately bombarded with questions about my situation while any question I had about our relationship wa...
Maddy Cooper
Red Flags From Seller?
My partner and I have a 4 unit under contract. The owner is a contractor who is looking to unload the property to invest the equity into another project. With all the tenants in it, he claims the cashflow is insanely ...
Brett Barry
Realtor Red Flags 101
What is one of the biggest red flags you've noticed when getting to know a new realtor?
Anthony D.
FHA RED FLAG Issue!!
Hey BP community! So recently i was trying to get FHA approved through a broker for a SFH then I was told there was a FHA red flag for a foreclosure on my name in a database. The foreclosure was on my first house wi...
Kristi K.
Too many RED Flags!
A wholesaler contacted me about this house they have under contract for $205,000 that they want to close on within a week for $220,000. The house is in my hometown, I'm very familiar with the area. The house is easily...
Bob Beach
Property Managers, Red Flags?
We have one rental in Jackson and now on our second property manager. First was Evernest, (never again). Now, a Mom and Pop style PM. I don't want to say who since I'm not 100% sure what's going on. First red flag, th...
Haitham Abbasi
"Ghosting" / "flagging" Craigslist Marketing Question
Hi my friends,
I hope that you are feeling grand! I have create more than 5 Craigslist accounts. Posted some ads yet everything gets flagged. Here is what I am doing, please direct me to the right direction.
MY Q...
Renee Thomas
Red Flags on a Deal?
In option with a multi-family property. On each of the leases, there are several different LLC's listed on the leases. Sometimes two different LLC names on the same lease....one LLC as a property manager, the other as...