Written by Jim the Realtor

February 13, 2013

This is right down the street from the flipper who made $850,000 gross profit when he sold his duplex for $1,825,000 cash, so others nearby figure that it means something, and are hoping to get in on the action.

This doesn’t really pencil as an investment property, unless you really worked the vacation rentals, plus got some benefit from using it yourself?

Or buy it for your kids?

2 Comments

  1. avgjoe

    only in so cal!

    hey jim, have you ever worked in construction? You seem to have a good eye.

    What part of AZ where you originally from? Have you ever sold real estate there?

  2. Susie

    I couldn’t get over the plastic backsplash in the kitchen and the painted over sliders. And the flipper wants $300K? All I can say is wow, just wow. Please update the closing price when this sells, Jim…

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