734: Seller Red Flags I Should Have Seen Before Doing a Nightmare Deal w/David Pere

BiggerPockets Real Estate Podcast · Mar 2, 2023 · 1h 1m

There are a few real estate investing red flags that an investor should ALWAYS look out for. If you don’t, you could end up in the same situation as David Pere, who just finished off a four-year lawsuit after a seller tried to get rid of a deal that wasn’t even worth the dough. But David wasn’t a rookie when this happened. This was David’s third deal after having multiple units under his belt. And even though he was able to walk away from the lawsuit, the downsides, years of stress, and wasted opportunity is what he wants to make sure you DON’T repeat.

This deal didn’t look fishy at the…