"Looking for an opportunity to invest in multifamily real estate without having to do any work and make a million dollars in a few months? We have just the opportunity for you! You can become a gazillionaire for the low price of your entire life savings. Don’t worry about doing any due diligence; just sign these papers without looking through them. You are about to strike it rich!"

If you’re considering investing in real estate, it’s crucial to be aware of potential red flags that could signal a bad deal. In today’s episode, multifamily real estate experts Andrew Cushman and Matt Faircloth discuss the signs of a bad deal and how to avoid losing everything. Andrew shares his own painful experience of losing 90% of an investment and the valuable lessons he learned from it.

Whether you’re partnering on a deal or passively investing in syndications, it’s important to pay attention to these red flags. From vetting sponsors to investigating track records, understanding which metrics to trust, and asking the right questions, this episode could save you from losing tens or even hundreds of thousands of dollars.

In today’s episode, Andrew and Matt join host David Greene to discuss the importance of due diligence and how to avoid falling victim to investment fraud or mismanagement. They also share common red flags to watch out for and provide valuable insights to help investors protect their investments.

For more information on investing in multifamily real estate, check out Matt Faircloth’s book “Raising Private Capital” on the BiggerPockets platform at biggerpockets.com/rpc. Andrew and Matt offer valuable advice on how to vet sponsors and avoid costly mistakes in real estate investing. Stay tuned for more valuable insights on how to protect your investments.