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Thread: The Spanky Show
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Old 08-01-2005, 08:24 PM   #1039
Spanky
For what it's worth
 
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Join Date: Feb 2005
Location: With Thumper
Posts: 6,793
Quote:
Originally posted by paigowprincess
So in additoin to the No Flames rule, we have to enforce a strict On Topic policy. Agreed.

My family has an LLC where they buy fixer uppers, invest in turning them into a turn key and walk away with the profits. SPanky. how long do you generally hold on to a piece of property before you flip it? Do you fear the bursting of the Real Estate Bubble? At one point wll all your two acre owning neighbors cash in their chips and divvy up the lots for a bunch of Mc Mansions?
I flip them as soon as I can. I think the Bubble could burst at any time. I hold onto real estate right now for as little time as possible.
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