I'm looking at a 12 unit building in the Midwest. Cash flow is very impressive on my analysis of rent roll. However, when looking at rent roll, I noticed that 2 weeks before the property went up for sale. Rents in thr...

Happy Sunday,What are some warning signs that an HML company may be a scam / unprofessional / not reputable? What are some red flags?I have a list of HMLs to contact for preapproval over the next few days, and they al...

Poor Property Condition: Dilapidated buildings or signs of neglect indicate potential costly repairs and maintenance down the line. Conduct a thorough inspection to assess the true condition of the property.High Vac...

I am working with a rental broker. The relationship started out fine, but then I asked to see an apartment that we already saw again to see what it is like during the weekend instead of the week. They said no because ...

We had a showing at one of our C class properties yesterday, and a propsective tenant came in with a boyfriend. She submitted an application (incomplete, and that in itself is a red flag, short rental and employment h...

Recently, I entered into a house with a noticeable lean toward one side. Upon further inspection, (walking down into the basement) it was extremely obvious that half of a floor board had been rotted out. I know that o...

A property popped up on the MLS that I'm interested in, but I'm seeing what I think is a red flag. In the past 15 years, it has sold 7 times, not counting 2 foreclosures. It's a duplex in Minneapolis, so easily rentab...

So I’m looking at purchasing a rental property condo and received the financials.  My attorney and accountant disagree on the state of the property.  The balance sheet shows negative retained earnings to make the bala...

What are some big red flags that stand out to you when searching for out of state property management?

Happy Friday Everyone!

So I have a quick question. I am in the process of renovating a property and interviewing contractors. One contractor I spoke with provided a quote of $16,000 to renovate two bathrooms (1 sma...