http://www.mightybargainhunter.com/2006/09/15/flip-that-house/ Personal finance, commentary, and spending less the easy way Sat, 21 Nov 2009 01:23:30 -0400 http://wordpress.org/?v=2.8.6 hourly 1 http://www.mightybargainhunter.com/2006/09/15/flip-that-house/comment-page-1/#comment-12719 Susie Sun, 12 Nov 2006 14:14:04 +0000 http://www.mightybargainhunter.com/2006/09/15/flip-that-house/#comment-12719 If you look on the multiple listings sites, you can sometimes find that some of these houses are still on the market long after they are on the show. I saw one last night, and the house still has not sold and it is listed on a mls site at a much lower price. This is has to be at least a year after the episode aired. If you look on the multiple listings sites, you can sometimes find that some of these houses are still on the market long after they are on the show. I saw one last night, and the house still has not sold and it is listed on a mls site at a much lower price. This is has to be at least a year after the episode aired.

]]> http://www.mightybargainhunter.com/2006/09/15/flip-that-house/comment-page-1/#comment-9467 Tyroneman Sat, 07 Oct 2006 12:31:55 +0000 http://www.mightybargainhunter.com/2006/09/15/flip-that-house/#comment-9467 You still have to pay the fees though. Any money that they put into the house is deductible. If they put $5,000 into drywall materials, they can deduct that. It's still a big cost, and they do not include it in their tallys. You still have to pay the fees though. Any money that they put into the house is deductible. If they put $5,000 into drywall materials, they can deduct that. It’s still a big cost, and they do not include it in their tallys.

]]> http://www.mightybargainhunter.com/2006/09/15/flip-that-house/comment-page-1/#comment-8990 Aliani Mon, 25 Sep 2006 15:59:12 +0000 http://www.mightybargainhunter.com/2006/09/15/flip-that-house/#comment-8990 That's usually because the realtor fee's are typically an investment expense and is 100% deductible at the end of the year. That’s usually because the realtor fee’s are typically an investment expense and is 100% deductible at the end of the year.

]]> http://www.mightybargainhunter.com/2006/09/15/flip-that-house/comment-page-1/#comment-8908 Tyroneman Sun, 24 Sep 2006 02:10:05 +0000 http://www.mightybargainhunter.com/2006/09/15/flip-that-house/#comment-8908 Another thing about the house flipping is the realtor fees to sell your house. Realtors are not gonna sell your house for free. They get a good percentage of the selling price. The shows never show how the realtor fees affect the profit. Another thing about the house flipping is the realtor fees to sell your house. Realtors are not gonna sell your house for free. They get a good percentage of the selling price. The shows never show how the realtor fees affect the profit.

]]> http://www.mightybargainhunter.com/2006/09/15/flip-that-house/comment-page-1/#comment-8568 prlinkbiz Sun, 17 Sep 2006 18:12:34 +0000 http://www.mightybargainhunter.com/2006/09/15/flip-that-house/#comment-8568 I have a good friend who loves all those flipping shows. She is a very successful real estate investor, who uses all market stratgies, but loves rehabbing. Learn how to do it, and you can make money in any market. Better to learn from other people's mistakes! lol I have a good friend who loves all those flipping shows. She is a very successful real estate investor, who uses all market stratgies, but loves rehabbing. Learn how to do it, and you can make money in any market. Better to learn from other people’s mistakes! lol

]]> http://www.mightybargainhunter.com/2006/09/15/flip-that-house/comment-page-1/#comment-8537 BA Hannah Sun, 17 Sep 2006 01:37:37 +0000 http://www.mightybargainhunter.com/2006/09/15/flip-that-house/#comment-8537 Listing price doesn't mean selling price! I hate watching a show that doesn't show the real world. Add the selling price or I'll have to stop watching! It's really frustrating! Listing price doesn’t mean selling price! I hate watching a show that doesn’t show the real world. Add the selling price or I’ll have to stop watching! It’s really frustrating!

]]> http://www.mightybargainhunter.com/2006/09/15/flip-that-house/comment-page-1/#comment-8438 mbhunter Fri, 15 Sep 2006 17:10:39 +0000 http://www.mightybargainhunter.com/2006/09/15/flip-that-house/#comment-8438 Chuck, I agree. It probably was easier to make money in the flips when the shows were taped than it is now. Chuck, I agree. It probably was easier to make money in the flips when the shows were taped than it is now.

]]> http://www.mightybargainhunter.com/2006/09/15/flip-that-house/comment-page-1/#comment-8432 Matt Fri, 15 Sep 2006 15:49:55 +0000 http://www.mightybargainhunter.com/2006/09/15/flip-that-house/#comment-8432 Never knew a show like this existed. Thanks for the link. Never knew a show like this existed. Thanks for the link.

]]> http://www.mightybargainhunter.com/2006/09/15/flip-that-house/comment-page-1/#comment-8417 Chuck Fri, 15 Sep 2006 11:48:57 +0000 http://www.mightybargainhunter.com/2006/09/15/flip-that-house/#comment-8417 The one thing I hate about that show and Property Ladder is that 90% of the homes are in Cali during the housing boom, so even when the people make huge mistakes and don't do a good job they still end up making $50k+ just from the appreciation of the property. I think I've seen maybe 2 episodes out of 75 or so where the people lost money. The one thing I hate about that show and Property Ladder is that 90% of the homes are in Cali during the housing boom, so even when the people make huge mistakes and don’t do a good job they still end up making $50k+ just from the appreciation of the property. I think I’ve seen maybe 2 episodes out of 75 or so where the people lost money.

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