Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 11 years ago on . Most recent reply

User Stats

15,197
Posts
11,288
Votes
Joel Owens
  • Real Estate Broker
  • Canton, GA
11,288
Votes |
15,197
Posts

Is FLIPPING DEAD??

Joel Owens
  • Real Estate Broker
  • Canton, GA
ModeratorPosted

I knew it would happen eventually. Some big news channels are picking up and starting to tell people to look at flipping. I am not involved in flipping but know once the news stations start saying it the market will become about nonsense instead of numbers.

It's kind of like a stock everyone is saying to buy is when the smart people sell to them and get out.

I am sure we will see in the next 6 to 12 months articles like "The real estate money making machine is back ! etc "

http://www.bankrate.com/finance/real-estate/flipping-houses-after-bubble-1.aspx

business profile image
NNN Invest
5.0 stars
3 Reviews

Most Popular Reply

User Stats

604
Posts
243
Votes
Andy Collins
  • SFR Investor
  • Dallas, TX
243
Votes |
604
Posts
Andy Collins
  • SFR Investor
  • Dallas, TX
Replied

Don't you love this business, a few years ago agents begged you to make an offer on a foreclosure,,I wish I had done 1/10th of the deals I didn't do because they weren't good enough (to me at that time).

Now everyone is buying, I'm seeing a house I could have picked up for $70k a few years ago, rehabbed and listed (I didn't say sold) for $140k today,,,guess what, it was probable worth more than $70k a few years ago and isn't worth $140k now, but that's the market

We are in a hot market, you just have to play the market however it is at the time.

Loading replies...