Quote:
Originally posted by kwm
Anyone on here make a living flipping houses or have at least one flip under their belts? I realize it can be very profitable in places like CA where the values are higher. I have been thinking about doing this as a side job/investment if anyone can offer any pointers. Thanks
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.I would say your kinda slow catching on....Ya shoulda thought of this 7 years ago and U woulda done good, just ask Motion. Maybe U should just stick to your day job.
KWM, you seem like the last one in a herd of sheep...now lets see if this will turn the light bulb in your head on...After everyone has discovered something profitable, all the money has been picked up..you want to find undiscovered territory, where everybody is afraid to tread, there the money is just lieing on the ground waiting to be picked up...and where oh where could that undiscovered territory be? RE...nope, Bonds...Nope...Commodities including Gold and Oil...nope Cpllectables...nope ... all have made strong runs and the money has allready been picked up....so what asset class is left...that is still considered to be 25% undervalued...WHY ITS THE STOCK MARKET..Even though you hear about the DOW hitting new highs that only 30 stocks..the SP500 and NASDQ are still way off their highs. for the next 3 to 5 years the Stock Market is where the money is going to be...So instead of flippin houses you should be thinkin of being a Day Trader...or REALISTICALLY an investor.