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Rainmaker
1,664,936
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Yep, three times.  I'm done.

Jul 16, 2015 10:35 PM
Rainmaker
699,277
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

No but I think about it.  I love construction.  The problem with the "run down" homes that I've bought is that I've over improved them and lived in them for a bit.

Jul 16, 2015 10:12 PM
Ambassador
1,458,619
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

My very first purchase in the early 80's was flipped and because of the huge success with it, I caught the fever!  I've flipped several and plan to flip many more.

Jul 16, 2015 10:37 PM
Rainmaker
1,513,143
Raymond E. Camp
Ontario, NY

I have Rehabbed a few and yes.

Jul 16, 2015 10:10 PM
Rainmaker
1,555,100
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

No I like to keep them, so I have done the combo: Rehab for Buy & Hold (1989-2007). I rent my investments. I have however listed many flips (2006-2011).

Jul 17, 2015 12:12 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

You bet! When I look an investor in the eye and say, "if a 3/3/3 existed for $40,000 I would buy it myself," I am absolutely serious.

Working on one right now. 

The key things is making sure are the right things are wrong.

If the wrong things are wrong you just bought a money pit.

The ever pressing challenge today is the availability of the skilled labor needed to turn the property quickly.

Jul 17, 2015 12:00 AM
Rainmaker
1,895,128
Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News

No I'm not strong enough.  But I have managed to buy & sell a few properties for short term investment.  Mostly I've been a buy & hold investor.

Jul 16, 2015 10:38 PM
Rainmaker
212,755
Stefan Winter
Real Estate in IL & NV | Owner of Real Estate Web Tech | Daily Vlogger - Las Vegas, NV
Owner - Winter Group & Real Estate Web Tech

No, but it is very high on my to-do list in the near future depending on how the market holds up. More interested in getting into multi-family rentals.

Jul 17, 2015 05:12 AM
Rainmaker
5,117,178
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I haven't.

Jul 17, 2015 04:03 AM
Rainmaker
1,153,794
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Of course, it should be a prerequisite for all licensees in order to get their feet wet.

Jul 17, 2015 12:38 AM
Rainmaker
1,728,867
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

No; no interest

Jul 17, 2015 12:20 AM