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Avoid These Off-Market Real Estate “Deals”

Off-market real estate is almost synonymous with a good deal. When you tell people you got an off-market property, they immediately assume you were able to snag a steal at a fraction of its actual cost. This line of thinking has made many new real estate investors believe that any off-market deal is actually a steal—but this isn’t entirely accurate. Before you buy that next direct-to-seller deal you’ve been telling everyone about, listen to David’s advice. We’re back on another Seeing Greene episode, where your “one away from seven hundred” host, David Greene, is here to give you practical advice on buying and selling properties. In today’s episode, we take multiple video and written submissions, with topics touching on how to buy more real estate when your debt-to-income is maxed out, what to do with a dangerous tenant, refinancing at today’s high interest rates, and why off-market deals aren’t always what they seem to be. And, if you’ve struggled with setting standards before, you’re in for a special treat, as David gives himself (and all of you) a personal pep talk on expecting excellency. Want to ask David a question? If so, submit your question here (https://www.biggerpockets.com/david?u...) so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot! 00:00 Intro 01:57 Quick Tip 02:50 Debt-to-Income Too High? 06:57 Is My Tenant In Trouble? 11:26 Should I Refi at Today's Rates? 16:16 Questions From the Comment Section 25:29 Scaling Out of a Great Interest Rate 27:31 Is This Off-Market Deal Worth It? 36:36 Are My Standards Set Too High? 43:44 Ask David Your Question! ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?... ~~~~ Grab Some BiggerPockets Merch: https://bit.ly/biggerpocketsswag ~~~~ Find an Investor-Friendly Agent in Your Area: https://www.biggerpockets.com/agent/m... ~~~~ Sign Up for BiggerPockets Pro: https://www.biggerpockets.com/members... ~~~~ Ask David Your Real Estate Investing Question: https://www.biggerpockets.com/david?u... ~~~~ Grab David’s Books for Agents, “SOLD” and “SKILL”: SOLD: https://store.biggerpockets.com/produ... SKILL: https://store.biggerpockets.com/produ... ~~~~ Set Your Goals with David and Rob: https://www.biggerpockets.com/blog/re... ~~~~ Connect with David on BiggerPockets: David: https://www.biggerpockets.com/users/d... Episode 699 Show notes at: https://www.biggerpockets.com/blog/re... #biggerpockets #realestatepodcast #biggerpockets699

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