Deal Red Flags Worksheet | Real Estate IQ
Deal Red Flags Worksheet

Before you chase a cheap deal, check for red flags.

Run your deal through simple red-flag checks for repairs, rent gaps, and resale assumptions.

  • Check your key numbers.
  • Save time before you chase a weak deal.
  • Decide if your deal is a Go or No-Go.
Deal Numbers Guide. Plain-English definitions for key numbers like Entry, ARV, repair, rent, and cash flow.
Every deal has one question.

Still a good deal after the numbers?

Clean-looking property exampleClean Photo
A clean photo can hide weak numbers.Check whether the deal still has room after entry fees and repairs.
Cheap-looking property exampleLow Price
A low price can hide expensive problems.Slow down before repairs and holding costs eat the deal.
Rental property exampleRent Gap
Rent can look close and still miss monthly costs.Check whether rent covers the monthly costs with cash left.
Simple checks

A deal can look attractive at first glance.
This worksheet helps you check all your key numbers.

Check the Repair Risk

If the price looks good but repairs are unclear, slow down before you spend more time.

Check Your Rent Gap

See whether your rent covers the monthly costs with cash left.

Decide Your Next Step

Use this worksheet to make your Go / No-Go decision.

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Check the red flags and make a Go / No-Go decision.

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Real Estate IQ Deal Red Flags Worksheet.