Flipping is Back? : House Flippers in U.S. Crowd Courthouse Steps in Hunt for Deals

I think the RE market will get a slight short turn rise “6 to 12 month but then crash to unimaginable numbers late 2011 ..

can’t believe the numbers of clueless people I run into who say “ RE is a great buy, it’s down 30%” I just look at them and smile as most seem to have lost the ability to look past the past 10 years 100/150 % bubble #s, continues government interventions and snake oil salesman Realtor/media hype.
 
Quote from S2007S:

Guess no one learned from the first housing bubble we had ohhhh only 18 months ago.

The next asset bubbles are forming, this is the beginning, of course others will tell you otherwise.
More...

People never learn...but real professionals will always make money.

I know a guy in Tampa, 25 years old whos making about $250K per month wholesaling.

Another guy, I think he's either 28 or 29, he started out right as the market was falling apart and has invested in Student Housing. He's built up a portfolio worth over $3million and has positive cashflow of just under $10k per month.

I know short sales guys making millions some months.

It's just like trading...if your not coming at it with a plan and you dont know what your doing...well your gonna f it up.... if you have a plan and know what your doing, your going to do just fine.
 
You must log in or register to reply here.
Back
Top