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Rainmaker
1,683,912
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Yes,  Usually they are a pain to work with, because they are very low bidders.

May 26, 2015 01:58 PM
Rainmaker
1,664,936
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Yes and always enjoy working with them.  

May 27, 2015 12:08 AM
Rainmaker
2,538,633
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Dusty. I have been flipping houses for many years. Most of time we make money, but every once in a while, not so much.

May 26, 2015 06:58 PM
Rainmaker
2,443,250
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Yes, and they are paying more for those properties these days.

May 26, 2015 02:25 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I have had a few clients like you describe. It's been fun working with them and seeing the finished product and listing it. 

May 26, 2015 01:34 PM
Rainmaker
5,879,816
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I have had investors purchase for a rental for a few years and make some money, but not a flip so far.

May 26, 2015 12:53 PM
Rainmaker
1,242,204
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

There is still fairly amount of flips going on. Add a lot of cosmetics, instant lawns, crown moulding, affordable hardwood etc.

 

May 26, 2015 12:48 PM
Rainmaker
3,988,013
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Yes I have for years. Some have stopped adn others have slowed down since our market has improved so much and foreclosures are so few.

May 26, 2015 12:39 PM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes.

Jan 05, 2019 06:35 AM
Rainer
283,833
Dusty Rhoton CLHMS, ABR, SRES, GRI
RE/MAX Fine Properties - Flagstaff, AZ
Northern Arizona Real Estate

So, next weekend I am signed up to see what "Flipping Boston" is all about.  Even after 20+ years in Real Estate and Appraisal - I figured I might learn something new....stay tuned!

May 30, 2015 02:13 AM
Rainer
15,145
Victor Quiroz
Berkshire Hathaway HomeServices California Properties DTLA Regional Office - Los Angeles, CA
Top of the line service, bottom line results!

Yes I work with R&R (rehab & resale) investors also known as house flippers. They understand that they will not get every home they bid on but it's a numbers game for them just like most Realtors and their lead generation strategies.

May 27, 2015 12:20 AM
Rainmaker
4,907,547
Richard Weeks
Dallas, TX
REALTOR®, Broker

We work with several investors who flip properties.

May 26, 2015 11:46 PM
Rainmaker
699,277
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

No, in our area that practice is pretty much over.

May 26, 2015 11:06 PM
Rainmaker
2,380,462
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Not enough! LOL - it is hard to find houses in this area worth flipping - that boat sailed about three years ago.

May 26, 2015 10:45 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

You bet.

However, they are now modifying their BP, due to acquisition costs, to long holds. 

Those still flipping entry houses have found IKEA to be their savior in creating the margins they want.

May 26, 2015 10:21 PM
Rainmaker
5,117,178
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

In 23+ years in the business, I've had any number of investor clients who purchased for rental income, but I've never yet hyad a "flipper" client. Maybe it's because many of these work in a much lower price point than I do.

May 26, 2015 09:06 PM
Rainmaker
5,583,328
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

yes, we have builders who are my age and they like to buy, fix and flip....

May 26, 2015 08:34 PM
Rainmaker
2,759,862
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

I have done several of these. Always a nightmare as they need so much work.

May 26, 2015 06:44 PM
Rainmaker
979,596
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Dusty - I have never had an investor flip properties, but I sure wish I had some. I would also like to have some buy and hold investors as well.

May 26, 2015 03:50 PM
Rainmaker
1,625,353
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I do have a list of investors and investor groups who have different exit strategies for investing in real estate. But with our prices these days, even fixers are sold for market value with multiple offers.

May 26, 2015 03:18 PM