[quote=all][quote=flu]Yes. Get rich quick. There as many people that do… As well as many people that are perma-pessimists. Plenty of them on this board for example.[/quote]
Interestingly, San Diego is one of the incubators for ‘get rich quick’ industry. Several major players live and operate from SD.[/quote]If that is true, I want to know where they are getting RE deals today which are good enough to make money “flipping.”
And if the stuff they end up buying is in gross disrepair (ie completely termite-infested, etc) and the “flipper team” can only afford to put “lipstick on the pig” to make any kind of profit off of it, I wonder who is actually benefiting from these newbie flippers’ presence. Certainly not their sitting-duck buyers.
It’s pretty easy to hide internal termite damage from pest control companies.
