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Does House Flipping Matter anymore ?

Are people really out there flipping houses anymore ?

Is anyone really making money flipping houses ?

I did get a letter from Armando Montelongo, he was wanting me to come to a seminar or something… he was even offering FREE GAS… I wonder if he is still making money flipping houses ? or has he moved on ?

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This was written by admin. Posted on Monday, October 13, 2008, at 7:40 pm. Filed under Armando Montelongo, House Flipping. Bookmark the permalink. Follow comments here with the RSS feed. Post a comment or leave a trackback.

3 Comments

  1. Lasik Los Angeles wrote:

    These are interesting questions.

    Lasik Los Angeles

    Monday, October 13, 2008 at 7:42 pm | Permalink
  2. tim wrote:

    Hell yeah people are flipping homes. There’s a market somewhere always. But it’s not for the faint of heart and every house should have a back up plan.

    imho

    Tuesday, October 14, 2008 at 5:14 am | Permalink
  3. Cemseller wrote:

    Those people that flip have always been crazy, if the markets going up why not rent and hold?

    If the markets flat, fixing and flipping has limited upside?

    and if the market goes down you get screwed.

    R/E market retreats back to 2000 year pricing before even leveling off, my prediction right here.

    Tuesday, October 14, 2008 at 5:16 am | Permalink

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