this post was submitted on 30 Jul 2024
432 points (100.0% liked)
196
16484 readers
1780 users here now
Be sure to follow the rule before you head out.
Rule: You must post before you leave.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I think we disagree in that I know of virtually zero house flippers who engage in the practice you describe of buying out of market houses.
Every single house flipper I know buys a house that some young starting couple would be happy to buy and renovate themselves. Though that maybe a difference of markets given that where I'm at there are basically no out of market houses because every property is too expensive too abandon like that.