Incredible-;)

[rbusch]

Just another Fix and Flip

[Mark H. Roe]

Dale,
I hate to say it, but this is looking more like HI's in Ohio.
2 days ago, I inspected a home in Columbus, and it was 1 of 3 home that WAS NOT boarded up on the entire block. Tell Brian to get a hair cut.

[William J. Decker]

I have found that there are many, young and inexperianced, "investors" believe that for very little money, they can "flip" these properties.

I try to talk them out of it.

But, many buy anyway.

Sad.

[Russell Spriggs]

Aww, Duff, you've been spoiled by the easy $ & comm'l last few years.

Head out with BK, he'll take you to a couple sleaze joints & treat you to some kiltlifters, then you'll be a real HI again.

Seriously, we've been seeing a lot of "stripped" properties lately. One I had scheduled for a week ago is taking 2 weeks to bring it up to "inspectable" levels. Of course, if they are REO, nobody wants to kick in the $ to get water & gas etc on . .

[Dale Duffy]

Originally Posted by rspriggs

Aww, Duff, you've been spoiled by the easy $ & comm'l last few years.

Head out with BK, he'll take you to a couple sleaze joints & treat you to some kiltlifters, then you'll be a real HI again.

Seriously, we've been seeing a lot of "stripped" properties lately. One I had scheduled for a week ago is taking 2 weeks to bring it up to "inspectable" levels. Of course, if they are REO, nobody wants to kick in the $ to get water & gas etc on . .

-----

Thanks for the vote of confidence Russ--------------

[Dale Duffy]

Originally Posted by wdecker

I have found that there are many, young and inexperianced, "investors" believe that for very little money, they can "flip" these properties.

I try to talk them out of it.

But, many buy anyway.

Sad.

Exactly what they are Will...thought $38,000 was a steal, it would take about 60K just to make it habitable---and you'd want an Armed Guard on the property at all times---

[Dale Duffy]

Originally Posted by mroe

Dale,
I hate to say it, but this is looking more like HI's in Ohio.
2 days ago, I inspected a home in Columbus, and it was 1 of 3 home that WAS NOT boarded up on the entire block. Tell Brian to get a hair cut.

Thanks Mark---I feel Better, it's not just me---Look at my Avatar, look what these REO's have done to me---

[David P. Valley]

Dale,

I got to hand it to ya, that building is simply bulldozer material. I'll bet they were advertising this POS as a fixer-upper.

[rmaday]

Originally Posted by dduffy

---and you'd want an Armed Guard on the property at all times---

That's no problem (he has arms)...

[klott]