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How much do house flippers make selling in LA? #TimeToBuy #FixNFlip
#SellYourHomeForMoreandPayLess #TimeToSell #ChrisBJohnsonRealtor #SellersPayZEROCommission #ListYourHome&PayNoCommission #BetterThanFSBO #5StarREALTOR®
Your home is probably the biggest asset you own. This is why you should hire a professional to guide you through all your real estate transactions. My goal is to help 24 to 28 families each year either buy or sell a home. I am NOT interested in Selling 100 or 200 homes a year because I would not be able to give each family the time, attention and energy they deserve....
More than 10,000 homes were flipped in 2017 By Elijah Chiland Nov 19, 2018, 3:13pm PST In some LA neighborhoods, more than 20 percent of homes sold in 2017 were flips. Photo by Liz Kuball Over the last four years, Los Angeles house flippers have netted profits well in excess of $100,000, according to a new report from LendingHome.
That high total shows why quick buying and selling is popular with many local real estate investors. Over a quarter of all flips in the state of California are undertaken in Los Angeles County, according to the report.
The report finds that, from 2014 to 2017, house flippers—who buy properties with the express purpose of fixing them up and re-selling them—sold 39,042 homes. The median sale price in those transactions ... more
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