Discover the critical role of Background Checks in Real Estate with Jeremy Roll. Protect your investments from fraud by learning the secrets of due diligence. Tune in to the Tech Careers and Money Talk podcast for valuable insights on Background Checks in Real Estate
Background checks will protect your investment from fraud.
In the latest episode of the Tech Careers and Money Talk podcast, Jeremy Roll shares his insights on the importance of running background checks on real estate sponsors.
Jeremy has a hard rule that he never invests with anyone without first running a background check. This has saved him a lot of trouble over the years.
He recommends asking the sponsor for their name, date of birth, and home address. He then runs a background check to look for any red flags, such as bankruptcies, liens, or criminal records.
He also asks the sponsor if there is anything they want him to know before he runs the background check. This is a test to see if the sponsor is honest and upfront about their past.
Here are some of the key takeaways from Roll's interview:
🔎 Background checks on sponsors are essential for protecting your investment.
🔎 Look for red flags such as bankruptcies, liens, and criminal records.
🔎 Ask the sponsor if there is anything they want you to know before you run the background check.
🔎 If a sponsor tries to hide something from you, do not invest with them.
Listen to the full episode of the Tech Careers and Money Talk podcast to learn more about Jeremy Roll's advice on background checks and other real estate investing tips.
https://www.techcareersandmoneytalk.com/investment-strategies
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