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Message
Someone made a nice profit off of this house
Posted on 8/18/19 at 4:44 pm
Posted on 8/18/19 at 4:44 pm
Zeros matter. LINK
11
Posted on 8/18/19 at 4:44 pm to yaboidarrell
Obviously a typo. I know the house and the people that sold it. But they did make a nice profit because they bought it for like $340k and sold it for $550+
This post was edited on 8/18/19 at 4:46 pm
Posted on 8/18/19 at 4:51 pm to yaboidarrell
If you’re going to flip the fricking thing at least change out the pink tile and sink in the fricking guest bathroom.
Posted on 8/18/19 at 4:53 pm to yaboidarrell
Sometimes you gotta pay over asking to make sure you get it.
Posted on 8/18/19 at 4:53 pm to yaboidarrell
(no message)
This post was edited on 5/13/21 at 1:54 pm
Posted on 8/18/19 at 4:55 pm to BigPerm30
quote:
If you’re going to flip the fricking thing at least change out the pink tile and sink in the fricking guest bathroom.
I agree but obviously didnt matter to the buyers. You got to to the least amount of work in to a home and try to get the most amount of profits. If it aint broke, you dont always have to fix or repair it dawg, house flipping aint no game
Posted on 8/18/19 at 4:58 pm to Unknown_Poster
quote:
Obviously a typo. I know the house and the people that sold it. But they did make a nice profit because they bought it for like $340k and sold it for $550+
It sold for 365k on Jan 24th.
Posted on 8/18/19 at 5:00 pm to yaboidarrell
Maybe the $5mill is the new property tax assessment.
Posted on 8/18/19 at 5:06 pm to yaboidarrell
I am more shocked there are half million dollar houses in dirty arse New Orleans
Posted on 8/18/19 at 5:20 pm to Hangit
quote:
It sold for 365k on Jan 24th.
Ah, thought it went for less, but yes, that's what they bought it for pre-renovation. They got around $550-$600k after flipping it. House has a very odd layout but it is in a great area so I'm not surprised someone forked over that much after a mild renovation.
Uptown real estate prices are insane. A lot of people moving down from up north being able to pay more with money saved from higher salaries inflated due to relative cost of living.
This post was edited on 8/18/19 at 5:23 pm
Posted on 8/18/19 at 5:21 pm to Unknown_Poster
That house is not worth $550,000 but some dumbass must have thought so.
Posted on 8/18/19 at 5:23 pm to Lickitty Split
Yeah. I doubt the renovations cost more than $50,000 tops. They basically just painted/frosted the brick white and added some minor interior improvements. Structurally everything is the same.
Edit: Looks like they redid the patio door and windows throughout the house, too.
Edit: Looks like they redid the patio door and windows throughout the house, too.
This post was edited on 8/18/19 at 5:25 pm
Posted on 8/18/19 at 6:14 pm to yaboidarrell
866%... 
Everything re-done except the 50's sink and tile... Nice to see they kept the Terrazzo floors...
Side note... What's up with the sheep thing...?
Everything re-done except the 50's sink and tile... Nice to see they kept the Terrazzo floors...
Side note... What's up with the sheep thing...?
This post was edited on 8/18/19 at 6:19 pm
Posted on 8/18/19 at 7:11 pm to TennesseeFan25
LOL
You don’t know a damn thing about real estate if you think that in any way is unusual for Nola
You don’t know a damn thing about real estate if you think that in any way is unusual for Nola
Posted on 8/18/19 at 7:32 pm to yaboidarrell
I gave you your first upvote. These are the kind of posts I like and they usually aren’t well received. I once posted a spambot hot chick on a dating site with the name “Jesus” and got absolutely obliterated for it.
Posted on 8/18/19 at 8:43 pm to Unknown_Poster
quote:
House has a very odd layout but it is in a great area
This used to be a great area. It has been romanticized as still being a great area because of centuries of history. The burglar bars on all the windows and doors tell you exactly what the area is now.
Posted on 8/18/19 at 8:47 pm to yaboidarrell
Such a nice backyard view
Posted on 8/18/19 at 8:49 pm to Lickitty Split
quote:re-read your post
That house is not worth $550,000 but some dumbass must have thought so
Posted on 8/18/19 at 9:29 pm to chalmetteowl
Doesn’t even look like the kitchen has an oven or range.
Posted on 8/18/19 at 9:33 pm to yaboidarrell
No ceiling fans.
Holy crap I can’t imagine living in Louisiana without ceiling fans.
Holy crap I can’t imagine living in Louisiana without ceiling fans.
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