Video from a flipper - buying dirty and nasty homes to make a quick killing
October 23, 2006
Posted by blogger at 10/23/2006
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A time capsule of the greatest financial mania in the history of mankind, told in real-time by regular folks and patriots. May future generations better understand the madness of crowds, and how power and money corrupt.
Video from a flipper - buying dirty and nasty homes to make a quick killing
Posted by blogger at 10/23/2006
22 comments:
That looked like a scene out of a horror movie.
I almost puked watching that video. I can't believe it doesn't smell bad or have roaches!
She is not flipping these houses. She is doing just enough fix up and making them rentals. She is specifically not pouring money into the bathrooms and kitchens for them to resell.
At least in this case, she sounds like a traditional investor -- if they cash flow.
Future slum lord, yeah, she'll go far.
No the roaches and rt droppings come when she drops her pants..
she needs to "make a killing" to keep her in McNuggets and fries....fat bitch
E G O
I have been in real estate all my life and the worse house I ever saw was NOT habitated by mice and roaches. It was too toxic an environment and there was no food source.
"dirty and nasty equals dollar signs, let's face it"
I guess I should trade my trophy wife in for a crack whore and dump my Porsche for a Yugo.
Easy come Easy go!
Wow, a future slumlord and proud of it. I think she will find renting out that pile of poo to dead beats and crackheads isn't all that fun. Hey but at least there wasn't fecal matter....
Where's the weight bench ? Renters will get in there and trash that place and when you get them kicked out (good luck) you can burn the place down and try and collect the insurance. Putting money in that place is putting sugar on shit.
That homely cow was too foul to watch the video for more than 15 seconds. Fugly Ho.
My observations:
- I never thought I would get a "virtual tour" to the tune of a Beastie Boys song.
- "I just wanted to let you guys know..." Yes, I'm sure there are people out there who were getting depressed that you hadn't posted a video for so long about your crackhouses.
- I have toured houses that are pretty close to the condition of this one, and it always amazes me how bad the bathroom can get. And I always chuckle a little bit when something like the toilet is missing.
- She makes a good point about not putting much into the bathrooms and kitchens, since it will be nothing more than a rental. The key is to make it clean with no foul odors, with completely functional appliances, and you are good to go.
Does anyone else think lisps are kind of sexy? Yummy!
Quick, somebody sign this dumb broad to a cable TV deal! That's obviously what she's going after. Pfff, honey, it's been done. Give up your dreams of being the next HGTV star. Go box Mike Tyson instead, that might be a better road to fame at this point.
Anonymous said...
"dirty and nasty equals dollar signs, let's face it"
I guess I should trade my trophy wife in for a crack whore and dump my Porsche for a Yugo.
You sound very impressed with yourself?
How much do you owe of your "Porsche?"
Can I get your wifes phone number?
I own it outright, there are very rich people out there.
If you have to ask how much of my porsche I own you cant afford the wifes number.
"dirty and nasty equals dollar signs, let's face it"
The same can apply to this inarticulate drop-out when she tries to score a pack of cigs from her jail cell. A glowing example of the uneducated scum that's gotten involved in the real estate industry in the last few years.
"No rats or roaches or toilets! It's gonna be AWESOME!"
Halfway through, and still no vid of these famous fixer-uppers. Classic flipper/slumlord mentality - set everything up with bottom of the line, bare minimum for some faceless, nameless serf. Never stopping to ask 'would I want to live like this?'
Also, big dollar signs in the eyes, with no concern for others. As you overinflate that shack to line your pockets with $100k because you put up cheap paint and a ceiling fan, who is this poor person you're taking to the cleaners? That's more than a year's salary for most people. You don't care, you're going to retire early on the backs of others, leaving warped "comps" and jacked up property taxes in your wake (if your easy money ploy works, that is).
As pointed out, she's in for a fun time managing rentals in a bad neighborhood. What kind of financing did she get, I wonder?
is this a joke? how the heck can she flip that house? who buys such POS?
my car park looks better than that...holy jesus...
If she's going to fumigate that house, clean and rehab it, and rent or sell it for a reasonable price to someone that needs housing, I don't have a problem with it. Lod knows Louisanans (?) could use affordable housing right now.But if she 's one of those greedy bottom feeding investors" out to line her own pockets and screw everybody else, I pray that she and her mother moves into that hovel AFTER she licks the floors clean.
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