– Green & Red flags for purchasing an investment property
Yes, a green flag is knowing you can add value to it by renovating or adding units. Yes, run your numbers to know exactly what this property will be bringing to you. The red flag is having tenants in the property for over 10,15 or 20 years because it’s harder to get them out and you can’t charge them the going rate if your property was built before Nov 15, 2018