A tour of the recent flippers around Carlsbad, +1:
Flipper Crazy
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Flips
Flipper Jam
We already know that flippers are flooding the streets in search of profits, so it's inevitable that we'll see them competing.....with each other! Don't be surprised if we see surges of new listings, especially around recent high sales - here's a youtube video:
Texas Flipping
Tom Tarrant is a San Diegan who moved to San Antonio to remodel and sell historic houses while waiting out the California Real Estate Collapse. He has a great blog with videos about the details of home remodeling, selling flippers, and snippets about Texas! I asked...
Big Flipper
The bank may be exempt from disclosure and is selling "as-is", but the flippers and agents are obligated to disclose all known defects. Flipper paid $945,000 on 11/18/09 at the 'steps, and re-listed for $1,395,000 to $1,495,000:
Rural On A Budget
Is Flipping The New Black?
From the wsj.com - hat tip AL and MB! SCOTTSDALE, Ariz. -- Four years after the collapse of the U.S. housing bubble, flipping homes is back in fashion. Jon Mirmelli, a Phoenix real-estate investor, learned late in the morning of Sept. 28 that a never-occupied custom...
Flip City
Back in September we featured the same floor plan a block down the street - it listed for $144,900, and was purchased for $177,000 by flippers. They have since put it back on the market for $277,000 and found a buyer within 27 days - it's now...
Justice Served
Here's a flipper who was foiled in the act. A realtor had listed this house in June, noting that it was a short-sale flip in progress. They had arranged (conspired) with the seller to submit to the existing lender a short sale package at a lower price, and then listed...
When To Exit?
Adam has been gracious in sharing his time and experience about buying at the court house steps, and flipping properties for profit, the least we can do is keep an eye out for him. It'll be easy to dismiss this one because of location, but this is where you'll see the...
Adam Rappoport 3
The final installment of our three-part series with Adam Rappoport, talking about buying properties for cash at the trustee sales on the court house steps:
