Find a great rental property in any market with Henry’s new book, “Real Estate Deal Maker”: https://store.biggerpockets.com/products/real-estate-deal-maker?utm_source=youtube&utm_medium=description&utm_campaign=none
First rental property? Make sure you watch out for these deadly real estate deal red flags. These suspicious signs should tell you that there’s something not quite right about the rental property you’re about to buy, and if you end up closing on the deal, you could be putting in a LOT more money into it than you first thought. So, as a real estate investing beginner or a seasoned investor entering a new market, how do you know that a deal is too good to be true?
Henry Washington, rookie turned expert real estate investor, has fallen into these traps before, but because he learned his lesson, you don’t have to make the same mistakes! These three red flags are sometimes not so obvious, and often, it’s hard to tell the difference between a good real estate deal and one that’s a little TOO good. If you follow Henry’s advice, though, you’ll easily be able to tell if something is off.
We also have three GREEN flags for you to look for that’ll help you lock down better deals at a better price with WAY less stress. Want to know which flags are red and which are green when hunting for your next real estate deal? Stick around and pick up Henry’s new book, “Real Estate Deal Maker”: https://store.biggerpockets.com/products/real-estate-deal-maker?utm_source=youtube&utm_medium=description&utm_campaign=none
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Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup?utm_source=owned_media
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Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
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Find Investor-Friendly Lenders:
http://biggerpockets.com/findlenders
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Property Manager Finder:
biggerpockets.com/findapm
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Listen to Henry on the “On The Market” and “BiggerPockets Real Estate” Podcasts:
On the Market: https://link.chtbl.com/OTM
BiggerPockets Real Estate: https://link.chtbl.com/BPRE
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Watch Henry on the “On the Market” YouTube Channel:
https://www.youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA
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10 Rental Property Red Flags You Should Never Ignore:
https://www.biggerpockets.com/blog/rental-property-red-flags
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30 Ways Find Good Real Estate Deals:
https://www.biggerpockets.com/blog/find-real-estate-deals?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Henry on BiggerPockets:
https://www.biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none
00:00 Rental Property Red Flags!
00:53 1. Too Easy to Find
03:59 2. Being Pressured to Sign
06:47 3. Overly-Positive Numbers
09:17 BIG Green Flags to Look For
11:34 Grab Henry’s New Book!
