This website.toolbox.com is a message board of flippers in trouble. They pose their questions, and get advice from other members. Very interesting, very sad.
That board did not look like that 2 months ago. Two months ago it was filled with positive phrases, and people asking each other for tips on hot markets etc.
I lived in Naples, Florida and sold my house in 2004 to move to the Bay area. I sold my new 2400 sq ft house with pool for $460k. Since then it has flipped 3 times and now is selling for $750k. This was a nice family gated community which at one time was affordable. I hope some of these ruthless flippers get a good spanking out there!
Is there a term for people that point to the present or past situation and use it as an example for the future? Not being sarcastic, just wondering if there is such a term. You know how a real estate agent might say “I don’t see a housing decline in the future, look at how well housing has done this year!”
My observation about SDCIA are that there alot more brokers/agents/people working on deals, then what I would consider the norm. That is the norm being a mix of people who may have alot more independent opinions, experiences, not as much money invested in real estate.
I mean SDCIA – San Diego Creative Investors Association to me would represent a mix of people with investments in all kinds of different investment vehicles. However it seems to me that the majority of talk is real estate to say the least.
There are other ways to make money…
KOS –
Kind of scary…
I had posted on there advertisement board one time about my company and I had quite a row with a member who couldn’t accept I could do as good (or in my opinion) a better job then her and charge people 1/3 of what she charges. I thought she was gonna track me down or something!
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