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Old 04-21-2008, 04:36 PM
 
Location: Championsgate, Fl
986 posts, read 3,198,142 times
Reputation: 289

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I would like to take this opportunity to apologise to you if i may have said anything which may have seemed out of sorts, or even in response to a comment someone had said you had made. I hate to say it, but all the comments you make are true.

Quote:
Originally Posted by FlyersFan View Post
Let me set the record straight here. Yes, my posts were initially through NewTeacher and now currently through FlyersFan. I'm not sure why everyone on here attempts to distort what was written but I will try to clarify. As my first severl posts indicated I was NewTeachers father from New Jersey on vacation in Ocala. Florida and I was seeking any information or advice that experienced home flippers were willing to offer about specific areas as I was planning to move down. I never said I was from Florida or had flipped houses in Florida....only that I was seeking advice from those with experience. Someone has inaccurately stated that I said it was lucrative here......if so.....I would appreciate this person providing the quote in response....otherwise...if you can't get your facts straight please refrain from offering false statements. Before leaving for home my daughter, Newteacher, helped me set up an account on here under the name of FlyersFan so I would continue communication at home hopefully to hear from those with flipping experience and knowledge of stable areas in Florida. I have been in the real estate industry for 20+ years in New Jersey as a home inspector and a New Jersey DEP licensed radon specialist. During that time I have performed over 5000 home inspections for buyers and have mitigated 100s of homes with excessive radon levels. I literally have hundreds real estate agents, attornies, mortgage lenders and bank that I have developed trusted relationships with. Again I was attempting to do that in Florida, partially through this site, and have been somewhat successful. Unfortunately, most on here appear to more interested in attacking and discrediting and then laughing and snickering amongst yourselfs over your responses. Responses that are just plain rude, hurtful and mostly informed. Name calling like "hurtful" just because a realtor provides facts that you don't wish to hear. Being accused of ulterior motives because someone cares to have an opposite opinion. Silly congradulations to someone who considers himself a "sleuth" when most of the misinformation makes most of you sound more like Inspector Clouseau than Sherlock Homes. People that swear that the cost of houses in a neighborhood are based upon homewoners salaries.........apparently they never heard of supply and demand........no demand....low prices......high demand and prices go up.....not because someone got a raise. Shear lunacy and more incredible that most everyone on hear reads this and believes it. Does it discredit my business accomplishments the facts I have presented that I initially posted under my daughters name while on vacation and secondly under my name.....your responses make it sound like there was a conspiracy to dupe you all into buying and flipping homes against your will while my original post asked for advice from those in Florida who had experience. Instead of friendly advice from those with knowledge and experience I was barraged with responses from ill informed people whose only intent was to ridicule. If you have no knowledge or experience to respond intelligently to a post......why respond at all. You only come across as a bunch of playground bullies ganging up on someone a little different than what your used to. Being questioned by the Spanish Inquistion is probably a more pleasurable experience than receiving responses on here. And finally....yes I posted questions in Florida and New Jersey asking if anyone knew of locations for turkey shoot competitions. And before anyone jumps to any more inaccurate conclusions no turkeys are hurt......only paper targets are used. Its popular in New Jersey, especially in the fall, however, I am always seeking new ones and if moving to Florida would like to know of any there. I'm not sure why someone felt the need to present these posts as some type of evidence that I was trying to perpetrate some sort of hoax or purposely mislead. Seriously.....You all need to get a grasp on your imaginations.
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Old 04-21-2008, 08:43 PM
 
6 posts, read 12,313 times
Reputation: 11
Seen alot of these posts lately?

Isn't it Buy Low, Sell high?

When everyone is buying, sell, when everyone is selling, buy.

Or when Time magazine says worst investment ever its time to buy, when they say omg buy buy buy time to sell?

Doesn't seem that complicated really?
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Old 04-22-2008, 09:19 AM
 
432 posts, read 1,718,632 times
Reputation: 135
The problem with flipping right now in many places, including NJ where I am, is that the mortgage money is not flowing as freely as PCBs in the Hudson river. It's getting cleaned up, and so fewer people are "floating" on loans they cannot afford.

If you are flipping, you are likely finding that you have to hold the house longer. That means you need to budget for more mortgage, more taxes, more insurance, and more maintenance.

I am moving to north florida, to live. I was a realtor here in NJ. I would not recommend flipping in either market right now for a novice flipper, even with skills and experience in related industries. There are good opportunities for investors to buy and generate income with renting - thereby building equity - but they have to pay very close attention to the rental market and the cost of purchasing and maintaining the house, as always. There are opportunities - but you have to be realistic in your expectations.
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Old 04-22-2008, 09:24 AM
 
Location: America
6,985 posts, read 15,457,937 times
Reputation: 2067
Quote:
Originally Posted by cfIfan View Post
I think you answer you own question to be honest. In most areas. That isnt all areas. You cant just stick the whole country and say it across the board, it is ridiculous. Some areas have reached their levels. We know they have because those are the properties which are selling. If you actually take a look at the figures for houses selling, you will see there are alot which are because they are well priced. But once again you keep talking about prices falling. I am saying now IS a great time for people to buy if they are buying a home which they dont envisage selling for a while. Most people dont want to wait a year or 2 on the possibility that they may save a little bit especially in some locations where properties can be found that are priced right. To be honest you just sound like an investor who wants to buy as low as possible and then flip it. Ive already said this isnt the market for that. We will just have to agree to disagree.
1. not a investor 2. I didnt ask a question to be answered 3. price will keep falling. People buying right now does not indicated...meh, never mind.
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Old 04-22-2008, 12:17 PM
 
Location: Burlington VT
1,405 posts, read 4,375,275 times
Reputation: 544
I hereby declare this thread to have run it's course.
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Old 04-22-2008, 02:42 PM
 
374 posts, read 1,494,003 times
Reputation: 134
Quote:
Originally Posted by chaz longue View Post
I hereby declare this thread to have run it's course.
I second that!!!
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Old 04-22-2008, 03:32 PM
 
Location: Living in Paradise
5,702 posts, read 22,235,669 times
Reputation: 2987
Please, lets get back to the OP.

Florida Pro House Flipping Advice Needed
I am looking to retire in Florida from NJ in the near future and am hopeful of flipping a few houses. I am not without the needed skills, however, I do realize that the housing market is depressed and Florida is an area I am not familiar with. Are there any experienced Florida house flippers that are willing to offer/share advice on Florida real estate markets that have not been as severly affected by the economy and are viable house flipping markets where they have experienced and continue to experience success ?

Thank you.
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Old 04-22-2008, 03:38 PM
 
670 posts, read 1,509,908 times
Reputation: 269
Quote:
Originally Posted by newteacher View Post
. Are there any experienced Florida house flippers that are willing to offer/share advice on Florida real estate markets that have not been as severly affected by the economy and are viable house flipping markets where they have experienced and continue to experience success ?
_

_ none

_
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Old 06-22-2008, 06:16 AM
 
1 posts, read 2,010 times
Reputation: 10
Question Palmetto Bound

How can I buy a foreclosure in Palmetto, Florida? I have been working there for 4 years now and live in Bradenton. My credit score is only 580 but by years end it will be just over 600. I have been renting a house for 6 years now and am trying to clean up my credit. Any and all advice will be much appreciated.
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Old 05-09-2010, 11:13 PM
 
1 posts, read 1,270 times
Reputation: 13
You all are nuts. The market doesnt matter. It doesnt matter where you flip houses, if the deal is right, you make money....period. You cant say im talking out my ass either because I flipped 13 properties and made 170k last year on my tax return. Is it easy....NO, but if you buy a house in a 200k neighborhood for 100k and put 20 k into it and relist it at 180k, IT WILL SELL!!! Simple math people. Its all about the deals you can find.
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