[Dottore]

Originally Posted by lendaddy

Now if I'm wrong and this unique market actually exists...why are you not buying all non-reno'd properties in the area and tripling your reno money on the flip?

Trust me this market exists. And many people do make their living flipping these kinds of properties. Doubling or tripling your reno-money obviously depends on the price for which you pick up the property, and with countless people in this business it's now very hard to find unrenovated high-end condos.