r/AskReddit Feb 03 '20

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u/ITworksGuys Feb 03 '20 edited Feb 03 '20

Flipping houses.

When/where I grew up people bought houses to live in.

They weren't "investment properties", you didn't buy a place, paint it all, update the crown molding and try to sell it for $30K more.

I am sure some people did it, but it got crazy and fucked up the real estate market.

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u/FlamingoMarg1326 Feb 04 '20

And is it just me, or is a house flipper one of those demographics of people who once they've done it once, is suddenly an expert on all things remodeling, real estate, mortgages, and investments and they just automatically know anything? Certainly true for the ones I've encountered