Flipper Siting

[SD Realtor]

I was pretty surprised when this home that had sat for several months near our place in Scripps finally sold. The home is on Reisling (which is a somewhat busy street) and it sold for 618k after sitting for many months. The home was nothing special and did need alot of work. Now a home that is the same floorplan but was indeed augmented with a remodel and added square footage sits across the street from it. This second home is in nicer condition and it has sat on the market for a long time as well. It was listed with Help U Sell and then went to Keller Williams. It is currently at 695-745k. So my wife ventured over to the first home the other day as the new owners have been putting alot of work into it and she had a chat with them. Turns out the new owners are realtors and they are going to flip it! I don’t see how they are going to make the numbers work.

I guess we shall see!

The street address is 10941 Riesling Drive, 92131. The other one that is currently for sale and is the competition is 10922 Riesling Drive.

[PadreBrian]

lol

[PadreBrian]

lol

[PadreBrian]

lol

[PadreBrian]

lol

[PadreBrian]

lol

[jimmyle]

Wow,

This Riesling house was built in 1978 and he paid $618K for it?

A 2100+ house in Sorrento Valley was sold last month for $625K. This Sorrento Valley house was built in 1998 and the neighborhood is a lot nicer. I think better schools too.

Wow maybe this realtor really believes in the NAR’s propaganda.

Hey, flip it to me for $500K and I will think about it.

Wait, I might be able to buy a $500K house in Sorrento Valley in 2009.

[jimmyle]

Wow,

This Riesling house was built in 1978 and he paid $618K for it?

A 2100+ house in Sorrento Valley was sold last month for $625K. This Sorrento Valley house was built in 1998 and the neighborhood is a lot nicer. I think better schools too.

Wow maybe this realtor really believes in the NAR’s propaganda.

Hey, flip it to me for $500K and I will think about it.

Wait, I might be able to buy a $500K house in Sorrento Valley in 2009.

[jimmyle]

Wow,

This Riesling house was built in 1978 and he paid $618K for it?

A 2100+ house in Sorrento Valley was sold last month for $625K. This Sorrento Valley house was built in 1998 and the neighborhood is a lot nicer. I think better schools too.

Wow maybe this realtor really believes in the NAR’s propaganda.

Hey, flip it to me for $500K and I will think about it.

Wait, I might be able to buy a $500K house in Sorrento Valley in 2009.

[jimmyle]

Wow,

This Riesling house was built in 1978 and he paid $618K for it?

A 2100+ house in Sorrento Valley was sold last month for $625K. This Sorrento Valley house was built in 1998 and the neighborhood is a lot nicer. I think better schools too.

Wow maybe this realtor really believes in the NAR’s propaganda.

Hey, flip it to me for $500K and I will think about it.

Wait, I might be able to buy a $500K house in Sorrento Valley in 2009.

[jimmyle]

Wow,

This Riesling house was built in 1978 and he paid $618K for it?

A 2100+ house in Sorrento Valley was sold last month for $625K. This Sorrento Valley house was built in 1998 and the neighborhood is a lot nicer. I think better schools too.

Wow maybe this realtor really believes in the NAR’s propaganda.

Hey, flip it to me for $500K and I will think about it.

Wait, I might be able to buy a $500K house in Sorrento Valley in 2009.

[Author]

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