Don’t get CAUGHT into the distressed asset trap! Who would not be interested in getting a good deal on a real estate investment? But before you jump in headfirst on a distressed deal, hold on to your cash because I’m about to reveal the 4 red flags that could save you from a potential disaster.
- Limited Inspection Access: If you can’t conduct a thorough inspection of the property due to restricted access or unwillingness from the seller, it could be a sign of undisclosed problems.
Remember, apart from these, also think about location, nearby developments, and overly optimistic projections and always get a professional to assess the legal aspects before you seal the deal. Comment “InvestSafe” to receive a checklist of all aspects to be looked into while evaluating an investment proposal. Follow me to learn more about commercial real estate.
We also specialize in NRI Investments and services and Property management services for NRIs. Stay updated with Real Estate blogs and explore properties like O22, Wagle Estate, Centrum Business Square, Wagle Estate, Sunrise Corporate Park, Wagle Estate, and Avani Signature – Landmark Business Park, Ghatkopar West.
Stay cautious, and best of luck with your investments!
