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Started By
Message
Here's one way to lose $200K in a month
Posted on 9/10/22 at 4:38 pm
Posted on 9/10/22 at 4:38 pm
Is this a guy a real estate day trader?
11
Posted on 9/10/22 at 4:39 pm to rickgrimes
Dude has lost more than 200k. Have to factor in buy and sell fees, taxes and insurance they've been paying, any repairs, costs to move there, etc.
Posted on 9/10/22 at 4:40 pm to rickgrimes
So much for that quick flip...
Posted on 9/10/22 at 4:42 pm to rickgrimes
Seems odd to list it for lower than you paid so soon.
Makes me think he’s trying to set up a bidding war and will only accept an offer over $1.4 million.
Makes me think he’s trying to set up a bidding war and will only accept an offer over $1.4 million.
Posted on 9/10/22 at 4:43 pm to rickgrimes
Maybe he moved the doublewide off and now it is just the lot.
Posted on 9/10/22 at 4:48 pm to rickgrimes
Not saying this is what happened, but I bought a property a few years back for 500k and was able to subdivide it into 3 lots, sold the original property for 450k after some renovation, and built two more for a really good ROI.
Posted on 9/10/22 at 4:52 pm to ItNeverRains
You saw Miley moved right after i did?
I think she had a broken heart.
I think she had a broken heart.
Posted on 9/10/22 at 5:02 pm to rickgrimes
I have to believe if you can come up with 1,113,000 you can find another 7k. That must be how you bump a listing to the top of the mls search engine.
Posted on 9/10/22 at 5:27 pm to CAD703X
quote:
You saw Miley moved right after i did? I think she had a broken heart.
It was a good time to sell. We are entrenched in Grassland for school and sports for the next decade. A couple of those big farmhouses on Old Natchez are coming along pretty nice.
Posted on 9/10/22 at 6:49 pm to ItNeverRains
quote:the person who bought our house won't get to say to the next buyer: "Hey Miley Cyrus is your neighbor". Instead he'll say "The Fast Food Magnate of Minnesota lives here."
was a good time to sell.
Doesn't have quite the same ring to it.
Posted on 9/10/22 at 8:19 pm to CAD703X
Other than the shitty interest rates it's a buyers market
Posted on 9/10/22 at 8:24 pm to rickgrimes
He didn’t lose money. He shot his shot.
He never had 1.4 M if nobody was offering to buy it for that.
June was the end of the sellers market and the beginning of the buyers market
He never had 1.4 M if nobody was offering to buy it for that.
June was the end of the sellers market and the beginning of the buyers market
Posted on 9/10/22 at 8:28 pm to NPComb
quote:
Other than the shitty interest rates it's a buyers market
Prices are still way up
Posted on 9/10/22 at 10:57 pm to rickgrimes
Redfin and opendoor are both selling homes for a loss in Metro Nashville right now.
Posted on 9/11/22 at 7:28 am to CAD703X
quote:
Miley Cyrus is your neighbor
Having her next door makes the house less attractive.
Posted on 9/11/22 at 7:35 am to rickgrimes
Also a way to turn $1.4M in dirty money into $1.1M of clean money.
Posted on 9/11/22 at 9:26 am to rickgrimes
Do you even rinse money?
Posted on 9/11/22 at 11:48 am to Bestbank Tiger
quote:I'm sure that sounded like a zinger in your head.
Miley Cyrus is your neighbor
Having her next door makes the house less attractive.
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