Is a 2+ year old listing a red flag for you?
Hello BP,
I'm looking at a couple of properties that meet a lot of the basic criteria that I want for my first potential investment and am starting to dig a little deeper and taking a harder look at them as possible rentals. Both properties handle the 1% and 50% rule nicely which got them on my radar.
I noticed today that both properties have been active listings for 2+ years.
BP Community: what do you think when you run into situations like these? What red-flags would you immediately start looking for to figure out why no one else has jumped in?