Real Wealth Show: Real Estate Investing Podcast

Real Estate Nightmares: How to Avoid Frightful Investing Mistakes

8 snips
Oct 30, 2025
Join real estate experts James Dainard, Jamil Damji, and Henry Washington as they share their most harrowing investment experiences. James reveals the nightmare of title fraud that cost him over $75K, while Jamil describes a chaotic property filled with abandoned dogs and how he pivoted a failed flip into a thriving co-living venture. Henry uncovers costly regulatory pitfalls related to well and septic compliance. These tales of terror armed with valuable lessons will help you spot red flags and avoid similar frightful investing mistakes!
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ANECDOTE

Ghost House Title Fraud

  • James bought a house that turned out to be a fake sale and was legally contested for nine months.
  • He lost roughly $75,000 in carrying costs despite title insurance unwinding the sale.
ADVICE

Verify Title And Sellers Directly

  • Do insist on strong title protection and consider extended title coverage for flips and development deals.
  • Do verify sellers directly and watch for remote signings, unwillingness to talk, or lockbox-only access as red flags.
ADVICE

Monitor Deeds To Catch Fraud Early

  • Do use title-monitoring or 'title lock' services and regularly check county records for unauthorized deed changes.
  • If you see suspicious transfers, call a title company immediately to investigate.
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