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You're gonna "Eat It" if you try to flip in SF Bay Area--I thought of the "patrick.net of old today" :)


               
2019 May 21, 5:17pm   2,236 views  17 comments

by bill   follow (2)  

Dis Guy Who Quit His Job to "Flip" Took a $400K Bloodbath...

https://www.bloomberg.com/news/articles/2019-05-09/young-real-estate-flippers-get-their-first-taste-of-losing

As Yogi Berra would say: "It's like déjà vu all over again." :)

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14   FortWayneAsNancyPelosiHaircut   @   2019 May 22, 7:16pm  

They add no value. They are the types who basically end up screwing buyers and families by forcing higher pricing. This is pure greed on them.

I think I hate these guys. Fucking assholes. Flippers and realtors should be shot at point blank. Especially any with Realtor(tm) association.
15   FortWayneAsNancyPelosiHaircut   @   2019 May 22, 7:22pm  

When we decide to sell our CA property here is what listing description will be:

“For sales by owner, to families only, no bidding wars, slightly underpriced to sell fast, first qualified offer will be accepted. investors, bankers, and realtors will be shot on sight.”
16   BayArea   @   2019 May 22, 7:45pm  

FortWayneIndiana says
When we decide to sell our CA property here is what listing description will be:

“For sales by owner, to families only, no bidding wars, slightly underpriced to sell fast, first qualified offer will be accepted. investors, bankers, and realtors will be shot on sight.”


I like that.
17   SunnyvaleCA   @   2019 May 22, 10:53pm  

FortWayneIndiana says
When we decide to sell our CA property here is what listing description will be:

“For sales by owner, to families only, no bidding wars, slightly underpriced to sell fast, first qualified offer will be accepted. investors, bankers, and realtors will be shot on sight.”

I'd add one more thing: "If you want a buying agent, you pay them out of your own pocket. Figure that into your costs, not mine."

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