Below is a short clip from Episode 11 of The Smarterlandlording Podcast – Buying, Rehabbing and Managing Class D Properties. In the clip, Erik Nowacki and I discuss the “pump and dump” real estate scam.
Some deals look great on paper, but the reality is that you are being scammed and really just buying a pile of trash. You do not want to get caught up in a pump and dump scheme, so give the clip a watch to find out what it is. Listen to the full podcast episode of my interview with Erik and find out how to protect yourself when buying these types of properties. You can listen to or download every episode of The Smarterlandlording Podcast here.