Real estate investing isn’t only about running spreadsheets, analyzing comps, and calculating cap rates. While those are essential, the savviest investors protect their profits through habits that most beginners overlook. These habits may seem small, but they often uncover hidden risks, provide better negotiating leverage, and save investors from five-figure mistakes.
In this post, we’ll break down 5 surprising real estate investing tips that seasoned investors rely on to make smarter deals:
Talking to neighbors before you buy
Mining keywords on Zillow to find motivated sellers
Getting insurance in place before any demolition
Using an infrared thermometer during walkthroughs
Checking Google Street View for hidden neighborhood risks
Let’s dig into each one.
When you’re about to put in an offer, it’s easy to focus only on what’s inside the four walls of the property. But often, the most valuable insights come from the people who live next door.
History you won’t find in disclosures: Neighbors know if a property has had recurring issues like basement flooding, structural cracks, or ongoing plumbing problems.
Unpermitted work: Sellers may not disclose renovations done without permits, but neighbors usually notice when construction trucks were parked outside for months.
Lifestyle insights: They can also give you a sense of neighborhood safety, noise levels, and whether the block changes dramatically at night or on weekends.
“Have you ever noticed flooding or major repairs at this house?”
“Do you know if the owners did any remodeling without permits?”
“How is the street during weekends quiet, or busy and noisy?”
A five-minute conversation could prevent you from buying a property that looks perfect on paper but comes with hidden headaches that eat into your profits.
Most investors use Zillow to run comps, but few use it to identify motivated sellers ready to negotiate. Certain keywords in listings are strong signals that the seller either can’t or won’t invest in fixing the property and that often means opportunity for investors.
“As-is” → seller won’t make repairs, faster negotiations possible
“Handyman special” → property needs significant work, ideal for flippers
“Motivated” → seller wants to move quickly, open to lower offers
“Needs TLC” → cosmetic issues that are cheaper to fix but scare off retail buyers
When you see these terms, don’t wait. Reach out immediately speed is key with distressed or undervalued listings.
Pro move: Set up Zillow saved searches with these keywords and enable instant alerts. This way, you’ll be among the first to contact the seller or agent, giving you a competitive edge.
Imagine this: you’ve closed on a property, your contractor swings the sledgehammer on day one, and then a major accident happens before your insurance policy starts. That mistake could cost you tens of thousands of dollars.
Builder’s Risk Insurance → covers property damage during renovation
General Liability Insurance → protects against third-party injuries or accidents
Confirm the start dates of your insurance policies
Get a certificate of insurance from your contractor
Take detailed photos of the property before any work begins
Make sure permits are posted and approved
Inform neighbors about the upcoming work
If damage or theft happens before your coverage kicks in, you’ll be the one paying out of pocket not your insurer. A quick confirmation call to your insurance provider before demo day can save you a fortune.
Professional inspectors often use expensive tools to spot hidden issues, but as an investor, you can get ahead with a simple infrared thermometer that costs about $35.
Cold spots along baseboards or walls → may signal leaks or water intrusion
Drafty windows and doors → poor insulation that raises utility bills
Overheating electrical outlets → potential fire hazard
Cold ceilings under bathrooms → possible plumbing leaks
This simple tool can help you catch red flags during an initial walkthrough. While it doesn’t replace a full inspection, it allows you to identify problem areas early and decide whether the property is worth pursuing further.
If your thermometer readings raise concerns, that’s your cue to bring in a pro with a moisture meter, thermal camera, or licensed contractor for a deeper look.
You’ve probably done a drive-by to check curb appeal, but Google Street View gives you another angle and often more context about the neighborhood.
Junked cars, cluttered yards, or neglected properties nearby
Roofs in disrepair or poorly maintained homes that could lower resale value
Commercial properties creeping into residential areas (bars, repair shops, warehouses)
Evidence of parking congestion, which makes renting tougher
These details may seem small, but they directly affect property value and tenant appeal. A beautifully renovated home won’t sell at top dollar if it’s next to a row of neglected houses.
Pro tip: Pair your Street View scan with in-person visits at different times of day morning, evening, and weekends. You’ll get a real feel for traffic, noise, and livability.
The best investors know that profit isn’t only in the numbers it’s in the details. A quick chat with neighbors, a saved Zillow search, or a $35 tool in your pocket can be the difference between a winning deal and a money pit.
By adding these small but powerful habits into your process, you’ll protect your margins, reduce risk, and make smarter offers with confidence.
👉 At RP Capital Lending, we help real estate investors move fast on opportunities with the right financing. If you’re ready to expand your portfolio and maximize returns, contact us today.
Q1. How do I find motivated sellers on Zillow?
Look for listing terms like “as-is,” “handyman special,” or “motivated.” These usually signal that the seller wants a quick deal.
Q2. Is talking to neighbors really useful?
Yes neighbors often know about hidden issues like past flooding, unpermitted work, or noise problems.
Q3. What insurance do I need before renovating?
At minimum, you should have Builder’s Risk and General Liability insurance in place before demo.
Q4. Are infrared thermometers worth it?
Absolutely. They’re inexpensive and can reveal hidden leaks or electrical problems that save you thousands.
Q5. What neighborhood red flags should I check?
Watch out for neglected yards, junked cars, commercial encroachment, or parking issues they all impact resale value.