It's too bad the "finished product" clips repeat over and over. Also, the front of the house leaves much to be desired, not much of a first impression. Add a few plants.
Appreciating market has nearly NOTHING to do with Flipping Homes. You buy, fix, sell all within about 2 month perioid.. there is generally NO CHANGE in market in that time. In this video however, I would prob. assume they went WAYYYYY over board and didnt make a cent or lost money.
You would be WAY wrong on us losing money or not making a cent. If you buy right it doesn't matter how much "over board" you go. We were within budget on this project.
Is it really that profitable to buy a house that is in bad condition and rip it down to the studs and rebuild rather than to have machinery come tear it down and just rebuild from the ground up? Cool vid :)
They only make money if the market is appreciating. The home flipping game was over when we started watching TV shows touting how easy it is. By that time, all of the smart money had left the table. Only a fool would buy now.
wrong a fool is one who bought in the past 7 years, they only care about money, their souls are so fucked up that hope for this country lasting into the year 2200 is a fucking pipedream
Flippers are not the enemy. They are investors and renovators. The prices just happened to be appreciating alot. That was due to a bubble caused by un-ethical mortgage lenders, congress and white house.
Sorry Gary no ethics have ever been involved with any of those three you mentioned, so the idea that recently those"ethics" just disappeared is incorrect. FICO being able to convince the lending industry that their scoring system would streamline lending and provide safeguards was a total sham, but of course the so called jokes"experts" have never even mentioned Fair Issacs scam, trust me I am the one that knows better than those jokes"experts", I scammed many deals with FICO scores over 620.
So much mold, mildew and water stains in the before pics. Ty Pennington would have torn that house down and built from scratch
TheSwords99 1 year ago
well this flip was an honest flip, they did a good job cuz they gutted out everything.
Most flippers just cover up the damages with new drywall and move on to the next flip.
hardcoremofo 2 years ago
Thats a really awesom video! Keep making more!
HigherDevelopment 3 years ago
Nice job!
HomesInAmerica 4 years ago
the only thing I am going to flip in this market is my middle finger at anybody that tells me "WHAT A DEAL THEY HAVE"!
spikeman43 4 years ago
It's too bad the "finished product" clips repeat over and over. Also, the front of the house leaves much to be desired, not much of a first impression. Add a few plants.
sacpilot 4 years ago
Since we had this house sold before it was finished, we asked the buyers what they wanted, they didn't want any plants and very limited landscaping.
CruzinRob 4 years ago
Appreciating market has nearly NOTHING to do with Flipping Homes. You buy, fix, sell all within about 2 month perioid.. there is generally NO CHANGE in market in that time. In this video however, I would prob. assume they went WAYYYYY over board and didnt make a cent or lost money.
FriendshipProperties 4 years ago
You would be WAY wrong on us losing money or not making a cent. If you buy right it doesn't matter how much "over board" you go. We were within budget on this project.
CruzinRob 4 years ago
yeah and you probably believe in the fictional god, you are an ass
elvismilk 4 years ago
Is it really that profitable to buy a house that is in bad condition and rip it down to the studs and rebuild rather than to have machinery come tear it down and just rebuild from the ground up? Cool vid :)
santhony 4 years ago
They only make money if the market is appreciating. The home flipping game was over when we started watching TV shows touting how easy it is. By that time, all of the smart money had left the table. Only a fool would buy now.
barryeod 4 years ago
wrong a fool is one who bought in the past 7 years, they only care about money, their souls are so fucked up that hope for this country lasting into the year 2200 is a fucking pipedream
elvismilk 4 years ago
Flippers are not the enemy. They are investors and renovators. The prices just happened to be appreciating alot. That was due to a bubble caused by un-ethical mortgage lenders, congress and white house.
Gary1111001 3 years ago
Sorry Gary no ethics have ever been involved with any of those three you mentioned, so the idea that recently those"ethics" just disappeared is incorrect. FICO being able to convince the lending industry that their scoring system would streamline lending and provide safeguards was a total sham, but of course the so called jokes"experts" have never even mentioned Fair Issacs scam, trust me I am the one that knows better than those jokes"experts", I scammed many deals with FICO scores over 620.
elvismilk 3 years ago