First Time Property Investor

S2E2 - Four Flags That Aren't Necessarily Red


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The hosts discuss why first-time investors often miss good opportunities in a fast market by panicking over “red flags” that are frequently manageable. They explain how items flagged in building and pest reports can often be costed and negotiated while stressing the importance of using an independent, reputable inspector. They also cover financial conditions that may not be red flags: a slightly more expensive home loan can be worth it if a faster lender improves your chances in competitive offers, and paying LMI can help buyers enter the market earlier.

00:27 Red Flag #1 - The 7/10 Property Myth

02:00 Cosmetic Fixes vs. Real Dealbreakers (Location, Layout, Reno Fear)

03:56 Moisture, Waterproofing & Using Building Reports to Negotiate

06:18 Power Shift in Contracts: Cooling-Off, Conditions & Buyer Leverage

09:17 Inspector Reality Check: When to Walk Away + Avoid Agent-Issued Reports

11:04 Red Flag #2: 'Expensive' Home Loans - Why Speed Often Beats Rate

16:43 LMI Isn’t the Enemy: Paying to Get In Earlier (and Buy Better)

23:02 Red Flag #3: Easements - What They Are & When They Matter

29:21 Termites 101: Risk, Treatment, Due Diligence & Negotiation

34:23 Final Recap

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First Time Property InvestorBy Imtiyaz Rather