Re:Zillow to stop flipping homes, loses more than $550M, lay...
by datavirtue on Tuesday November 02, 2021 @06:50PM
(#29088573)
I question the wisdom of corporations house flipping. How can they evaluate an individual property and make the series of educated guesses about the co ability in various regions? How do they find and predict all the remodelling issues before they happen? How do they know that a particular house is worth messing with? I only know a few counties in Ohio where I would even attempt it because I know the areas very well.
If you could statistically trade houses people would have been doing it before we were born.
If you could statistically trade houses people would have been doing it before we were born.