Red Flags & Real Estate Scams (Dean Rogers)
REIClub | Real Estate Investing Podcast · REIClub & George Uno
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Show Notes
Scammers are just a part of life, but Dean Rogers learned how to do 'deeper' due diligence after he got burned by a known criminal. Dean lost $180,000 but sees how he could have avoided it by trusting his gut and making a few more phone calls to other people involved in the deal.
Con-men (and Con-women) know that most people want to trust other people, and they abuse that trust to scam people. To avoid scams in real estate (or anywhere) just remember this quote:
"Trust, but verify." - Ronald Reagan
⏰ TIME STAMPS ⏰
00:00 Dean Rogers - Real Estate Investor
01:43 Football Career & NFL Signing
09:54 Deciding to Retire
15:30 Corporate Life Letdown
16:20 Getting First Wholesale Deal
22:19 Real Estate Investing 101
23:47 Co-Wholesaling to Going Solo
28:08 Real Estate Due Diligence
29:31 Red Flags & Real Estate Scams
38:02 How to Expose the Scammer
45:00 The Deal Champs Podcast