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In Reply to: RE: You will be eventually posted by Inmate51 on April 24, 2022 at 04:25:10:
None--I've been divesting myself from that market, but I've "flipped" quite a few over the years. It takes work. If you can DIY or know people in the skilled trades to help you out is the only way to turn a quick-buck.
I've bought dilapidated properties in "the hood" at Sheriff's sale tax auctions for next to nothing. Dump enough money into it to get liveable, and then sell it to a slumlord for twice what you have invested. Still can take a year or so--depending upon what it takes.
"And today is for sale and it's all you can afford. Buy your own admission. The whole things got you bored. Well the Lord chooses the good ones, and the bad ones use the Lord"--a very dear friend for decades Michael Stanley (Gee)--RIP
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Follow Ups
- How many properties have you 'flipped' in the past 5 years? - dark_dave56 04/24/2205:26:43 04/24/22 (10)
- RE: How many properties have you 'flipped' in the past 5 years? - Inmate51 05:48:55 04/24/22 (9)
- I've thought about doing that, but am put off by all the work involved. - Uncle Mike 07:34:13 04/24/22 (0)
- Now just imagine... - dark_dave56 06:36:51 04/24/22 (7)
- RE: Now just imagine... - Inmate51 08:33:55 04/24/22 (6)
- Buy something with a BIG "lot"... - dark_dave56 04:56:13 04/25/22 (5)
- RE: Buy something with a BIG "lot"... - Inmate51 10:37:48 04/25/22 (4)
- Personally, I'm a rather vehement objector to HOAs... - dark_dave56 05:06:08 04/26/22 (3)
- Fifedoms - Inmate51 06:52:45 04/26/22 (2)
- "Maybe even be its president"... - dark_dave56 04:13:29 04/27/22 (1)
- RE: "Maybe even be its president"... - Inmate51 04:43:28 04/27/22 (0)