Guarding yourself from the snakes.

[Brendan Mull]

Not that anyone on BP would knowingly take advantage of a new investor, but there are those in the industry that would. For those experienced investors out there, are there any signs or clues to look out for? I believe it's always best to be cautious when starting a relationship with someone, especially in business. Obviously, there are the self proclaimed gurus out there that demand large sums of money up front for mentoring programs. But, what other precautions should a new investor take?

[Colton Fairchild]

Don't rely on other people's estimates for rehab, projected investment return, ARV, etc.

Do the calculations yourself to make sure they are being honest and accurate.