If you see these red flags when buying a house, you might want to run away. Or, if you’re as rough and tough as expert flipper Tarl Yarber is, they may be worth the steeply discounted prices. But, as a real estate investing rookie, even if you have the cash to handle a massive home renovation, knowing what could (and couldn’t) blow up your deal is ESSENTIAL if you’re trying to make it in the real estate game. So which red flags should you be on the lookout for?
Tarl has brought some downright ugly houses for us to look at today as he goes through the easilymissed but massively important red flags you MUST keep your eyes peeled for. In this part one episode, Tarl will walk through the exterior red flags, from old roofs to toxic siding, funky foundations, and everything else that will cause you a huge headache during a home renovation. DON’T lose your shirt on your next deal; look out for these!
Would you take on one of these projects or leave the messed up monstrosity properties to Tarl’s team? Let us know in the comments below!
~~~~
Join BiggerPockets for FREE
https://www.biggerpockets.com/signup?...
~~~~
Find an InvestorFriendly Agent in Your Area:
http://biggerpockets.com/agentmatch
~~~~
Find InvestorFriendly Lenders:
http://biggerpockets.com/lendermatch
~~~~
Try the BiggerPockets Calculators on Your Next Deal:
https://www.biggerpockets.com/investm...
~~~~
Grab “The Book on Estimating Rehab Costs”:
https://store.biggerpockets.com/produ...
~~~~
Watch Our Last “Red Flags” Video with James Dainard:
• Biggest Red Flags When Buying a House...
~~~~
10 Rental Property Red Flags You Should Never Ignore:
https://www.biggerpockets.com/blog/re...
~~~~
Connect with Tarl on BiggerPockets:
https://www.biggerpockets.com/users/t...
~~~~
Follow Tarl on Instagram:
@tarlyarber or / tarlyarber
0:00 Risky Real Estate
2:15 This Property is MESSED Up
5:24 Calculating Your Max Offer Price
7:52 Exterior Red Flags
16:55 It’s a Trap!
19:32 Connect with Tarl!