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The Return of the Real Estate Flipper!!! - 05/07/09 12:57 PM
There was nothing better than being a Real Estate Flipper in 2004 and 2005. The Flippers would buy a piece of property today and literally sell it for a 10, 20, 30% return in a matter of days, weeks or months. These returns were unheard of in market history. We should have all known. The interesting things was, the Flippers were not a small group, there were thousands of these “investors” involved in transactions throughout the country. Unfortunately if you were holding a property around mid 2006, your pumpkin came due and you turned in to a Flopper. Floppers got upside
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Dave Owens
Fort Myers,
FL
More about me
AdvantaIRA and 1031 Tax Free Strategies
Address: 1520 Royal Palm Sq Blvd #320, Fort Myers, FL, 33919
Office Phone: (239) 333-1031 x 155
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