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why do proles get fixated on "flipping houses"

...
Supple impressive potus legal warrant
  05/08/24
>$100k at once, to proles, is the mental equivalent of $1...
vigorous mother cuck
  05/08/24
Lmao flippers make more like $15-30k
High-end Nubile Incel
  05/08/24
The final check is all that matters.
vigorous mother cuck
  05/08/24
They make like $2/hr but then they get a big check.
Heady Slate Space
  05/08/24
and with no concept of the risks the lucky ones do this f...
High-end Nubile Incel
  05/08/24
literally met for coffee with a house flipper client today. ...
mint razzmatazz nursing home elastic band
  05/08/24
did he make u buy him a dozen croissants to go?
Up-to-no-good hateful stage giraffe
  05/08/24
...
Judgmental dingle berry
  05/08/24
I meant average ones but for everyone timing the market i...
High-end Nubile Incel
  05/08/24
yeah every flipper knows one guy like this which is why they...
cordovan rehab sandwich
  05/08/24
yeah then you press them on closing costs and taxes and inte...
walnut multi-billionaire
  05/08/24
they just write it off
High-end Nubile Incel
  05/08/24
what does that even mean?
Bistre Market Rigor
  05/08/24
they know what it means
High-end Nubile Incel
  05/08/24
...
walnut multi-billionaire
  05/08/24
It means they commit tax fraud
cordovan rehab sandwich
  05/08/24
strong post moniker synergy
High-end Nubile Incel
  05/08/24
then flee to their home country
diverse therapy range
  05/09/24
They write it off, Jerry!
offensive crackhouse place of business
  05/08/24
so you're doing 4-6 projects a year dealing with contractors...
180 lay mexican
  05/08/24
That's huge money for a prole with no education. And they're...
razzle-dazzle box office jap
  05/08/24
fair point, i noticed two guys i grew up with who are the te...
180 lay mexican
  05/09/24
That's a lot of money and way more than I make as an attorne...
Provocative principal's office factory reset button
  05/08/24
If you're smart you get a relators license so you collect th...
razzle-dazzle box office jap
  05/08/24
titcr
diverse therapy range
  05/09/24
...
cordovan rehab sandwich
  05/08/24
houses/property are tangible, unlike most other financial th...
Hilarious cobalt mediation
  05/08/24
correct
pink voyeur piazza
  05/09/24
only access to leverage proles have. the believe themselves ...
stubborn claret theatre background story
  05/08/24
Exactly cr. It's the only "asset class" that prole...
sapphire nowag
  05/08/24
except the latter understand real estate cycles
High-end Nubile Incel
  05/08/24
Quote from an old thread: To get in the mind of a prole, ...
vigorous mother cuck
  05/08/24
the crab bucket mentality of the proles is especially apt. n...
stubborn claret theatre background story
  05/08/24
I had a friend who lived in a luxury high rise he couldn't a...
big public bath gaming laptop
  05/08/24
20 years ago I knew a guy who owned 3 houses in another stat...
High-end Nubile Incel
  05/08/24
I escaped the pit. problem is you are always "from"...
Stimulating sepia yarmulke skinny woman
  05/08/24
But I don't have a pit like that
Nofapping Swashbuckling Mood
  05/08/24
The dog turned the rat and the snake against each other and ...
arousing whorehouse
  05/08/24
...
vigorous mother cuck
  05/08/24
Marlon Brando loved cats
diverse therapy range
  05/09/24
I hate this gay and retarded kike shithole
Judgmental dingle berry
  05/08/24
xo or America?
High-end Nubile Incel
  05/08/24
Yeah
Judgmental dingle berry
  05/08/24
...
High-end Nubile Incel
  05/08/24
...
dun parlour
  05/08/24
...
diverse therapy range
  05/09/24
A lot of privileged morons in this thread. Houses are lit...
pearly scourge upon the earth orchestra pit
  05/08/24
just invest in low-cost index funds in your 401k, bro.
Bistre Market Rigor
  05/08/24
Oh wow, so if you make $50k and put away 10% of your income,...
pearly scourge upon the earth orchestra pit
  05/08/24
It sounds like you're really not getting the miracle of comp...
dun parlour
  05/08/24
you seem about 20% of the way towards identifying the system...
High-end Nubile Incel
  05/08/24
The top of the flipper market clearly do very well. High end...
Exhilarant filthy foreskin
  05/08/24
They luv the idea of making quick money.
Umber histrionic bawdyhouse
  05/08/24
They would rather be the perpetrators of house prices than t...
electric angry church building nibblets
  05/08/24
I seem to have unlocked the secret to getting engagement her...
Supple impressive potus legal warrant
  05/08/24
property + proles are both low hanging fruit but yes they wo...
High-end Nubile Incel
  05/09/24
Other forms of significant wealth creation are too abstract ...
Hairraiser brethren
  05/09/24
...
cordovan rehab sandwich
  05/09/24
we do this thread once every a year and this is always the m...
Boyish avocado locale dragon
  05/09/24
As always CR on this topic
Henna roast beef
  05/09/24
Don’t forget a major part of their familiarity is thei...
Henna roast beef
  05/09/24
This 2009 SI article is required reading on this point ht...
cordovan rehab sandwich
  05/09/24
the stock market is boring. real estate is more "fun&qu...
Violet Galvanic School Cafeteria
  05/09/24
also, shiplap
diverse therapy range
  05/09/24
proles love pipe dreams, only to come out on the losing end-...
charismatic chocolate old irish cottage
  05/09/24


Poast new message in this thread



Reply Favorite

Date: May 8th, 2024 2:38 PM
Author: Supple impressive potus legal warrant



(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645448)



Reply Favorite

Date: May 8th, 2024 2:39 PM
Author: vigorous mother cuck

>$100k at once, to proles, is the mental equivalent of $10 million. An unfathomable amount. And it's tied to a physical thing that they can work on with their hands.

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645454)



Reply Favorite

Date: May 8th, 2024 2:39 PM
Author: High-end Nubile Incel

Lmao flippers make more like $15-30k

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645458)



Reply Favorite

Date: May 8th, 2024 2:40 PM
Author: vigorous mother cuck

The final check is all that matters.

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645460)



Reply Favorite

Date: May 8th, 2024 2:45 PM
Author: Heady Slate Space

They make like $2/hr but then they get a big check.

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645484)



Reply Favorite

Date: May 8th, 2024 2:47 PM
Author: High-end Nubile Incel

and with no concept of the risks

the lucky ones do this for 1-2 years before realizing the juice isn’t worth the squeeze before moving up the food chain

the unlucky ones end up with 3 incomplete rehabs, hard money debt, and a declining market

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645495)



Reply Favorite

Date: May 8th, 2024 3:02 PM
Author: mint razzmatazz nursing home elastic band

literally met for coffee with a house flipper client today. He had like $50k per deal in the last few house flips he did, his partner made the same.

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645552)



Reply Favorite

Date: May 8th, 2024 3:02 PM
Author: Up-to-no-good hateful stage giraffe

did he make u buy him a dozen croissants to go?

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645556)



Reply Favorite

Date: May 8th, 2024 3:53 PM
Author: Judgmental dingle berry



(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645726)



Reply Favorite

Date: May 8th, 2024 3:03 PM
Author: High-end Nubile Incel

I meant average ones

but for everyone timing the market is critical (and impossible over a long enough timeline) as you can’t make money in all phases. risks abound

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645557)



Reply Favorite

Date: May 8th, 2024 3:51 PM
Author: cordovan rehab sandwich

yeah every flipper knows one guy like this which is why they continue

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645716)



Reply Favorite

Date: May 8th, 2024 3:58 PM
Author: walnut multi-billionaire

yeah then you press them on closing costs and taxes and interest and shit. they have no idea what you are talking about

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645747)



Reply Favorite

Date: May 8th, 2024 3:59 PM
Author: High-end Nubile Incel

they just write it off

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645748)



Reply Favorite

Date: May 8th, 2024 4:03 PM
Author: Bistre Market Rigor

what does that even mean?

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645760)



Reply Favorite

Date: May 8th, 2024 4:06 PM
Author: High-end Nubile Incel

they know what it means

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645768)



Reply Favorite

Date: May 8th, 2024 4:08 PM
Author: walnut multi-billionaire



(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645773)



Reply Favorite

Date: May 8th, 2024 4:09 PM
Author: cordovan rehab sandwich

It means they commit tax fraud

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645775)



Reply Favorite

Date: May 8th, 2024 7:18 PM
Author: High-end Nubile Incel

strong post moniker synergy

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47646321)



Reply Favorite

Date: May 9th, 2024 8:47 AM
Author: diverse therapy range

then flee to their home country

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47647316)



Reply Favorite

Date: May 8th, 2024 9:22 PM
Author: offensive crackhouse place of business

They write it off, Jerry!

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47646609)



Reply Favorite

Date: May 8th, 2024 7:55 PM
Author: 180 lay mexican

so you're doing 4-6 projects a year dealing with contractors, weather, unknown 'issues' you discover after you buy someone's problem, just to make ~200/250k +/- w/o any benefits? seems like a ton of grind.

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47646374)



Reply Favorite

Date: May 8th, 2024 8:05 PM
Author: razzle-dazzle box office jap

That's huge money for a prole with no education. And they're not paying off student debt, either. If they save up, they can start buying cash and get better deals. In a good real estate market it's an awesome deal.

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47646391)



Reply Favorite

Date: May 9th, 2024 10:04 AM
Author: 180 lay mexican

fair point, i noticed two guys i grew up with who are the textbook definition of high functioning scumbags do precisely what you're talking about.

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47647501)



Reply Favorite

Date: May 8th, 2024 8:13 PM
Author: Provocative principal's office factory reset button

That's a lot of money and way more than I make as an attorney at law. No brainier.

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47646414)



Reply Favorite

Date: May 8th, 2024 8:04 PM
Author: razzle-dazzle box office jap

If you're smart you get a relators license so you collect the sellers fee each time.

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47646385)



Reply Favorite

Date: May 9th, 2024 8:47 AM
Author: diverse therapy range

titcr

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47647317)



Reply Favorite

Date: May 8th, 2024 3:02 PM
Author: cordovan rehab sandwich



(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645553)



Reply Favorite

Date: May 8th, 2024 2:39 PM
Author: Hilarious cobalt mediation

houses/property are tangible, unlike most other financial things. proles don't deal in abstractions

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645456)



Reply Favorite

Date: May 9th, 2024 8:26 AM
Author: pink voyeur piazza

correct

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47647275)



Reply Favorite

Date: May 8th, 2024 2:39 PM
Author: stubborn claret theatre background story

only access to leverage proles have. the believe themselves capable of DIY tasks. proles women *LIVE* to do home design and shit. HGTV propaganda. a friend of a friend made millions doing it.

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645457)



Reply Favorite

Date: May 8th, 2024 2:43 PM
Author: sapphire nowag

Exactly cr. It's the only "asset class" that proles can (mostly) understand

They're drawn to it like Jews to a quarter on the pavement

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645470)



Reply Favorite

Date: May 8th, 2024 2:43 PM
Author: High-end Nubile Incel

except the latter understand real estate cycles

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645475)



Reply Favorite

Date: May 8th, 2024 2:43 PM
Author: vigorous mother cuck

Quote from an old thread:

To get in the mind of a prole, you have to use imagery.

Imagine a pit that is so deep and so wide that no person would ever be able to reach the bottom, or navigate from side to side. The pit is filled, from depths below which anyone has ever comprehended, with dead and rotten bodies of proles from the past. Stacked on top of each other in the pit for miles and miles. Traveling up the pit, toward exposed sunlight, you eventually get to live people. The first few miles of live people are simply waiting to die from being suffocated or crushed. These are the proles of third world countries. It is a matter of days for this group.

Above them, standing on the shoulders of those waiting to die are still more that are at least trying to claw there way through the mass of humans stacked on top of one another. But the flesh is so dense, the result is people just pulling each other apart, one fingernail full of flesh at a time. This group represents the proles of poor America. Anyone lucky enough to navigate through this chaos is so hardened by the experience that they rarely ascend further as their thirst for revenge keeps them turning back down to kill those below them with their bare hands.

The group above, still smushed together, can see success above them. The pressure is still great on them but they can make out people living nice lives above them. Conceptually, they do not understand why these people have better stations in life, but one concept they do understand is people paying one another for a safe place to live. Some from this group escape the pit.



(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645474)



Reply Favorite

Date: May 8th, 2024 2:54 PM
Author: stubborn claret theatre background story

the crab bucket mentality of the proles is especially apt. no one hates proles more than ascended proles.

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645524)



Reply Favorite

Date: May 8th, 2024 3:06 PM
Author: big public bath gaming laptop

I had a friend who lived in a luxury high rise he couldn't afford and was always broke. He was always borrowing money and could never go out or do anything. I said all your money is tied up in rent. Why don't you just move somewhere shittier and you wouldn't be so hosed. He goes, "If I lived somewhere else, it wouldn't be luxury."

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645569)



Reply Favorite

Date: May 8th, 2024 3:11 PM
Author: High-end Nubile Incel

20 years ago I knew a guy who owned 3 houses in another state, owned a plane, a boat, and drove a sequoia. he rented a condo in the most expensive complex in town, and he made $52k the year before. had $1mm in debt

yes he was a shortmo

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645579)



Reply Favorite

Date: May 8th, 2024 3:13 PM
Author: Stimulating sepia yarmulke skinny woman

I escaped the pit. problem is you are always "from" the prole pit. so family, friends, experiences, etc are tied to the pit.

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645590)



Reply Favorite

Date: May 8th, 2024 3:39 PM
Author: Nofapping Swashbuckling Mood

But I don't have a pit like that

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645679)



Reply Favorite

Date: May 8th, 2024 7:43 PM
Author: arousing whorehouse

The dog turned the rat and the snake against each other and made it out. The cat tricked the devil and never went in.

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47646353)



Reply Favorite

Date: May 8th, 2024 8:01 PM
Author: vigorous mother cuck



(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47646381)



Reply Favorite

Date: May 9th, 2024 8:50 AM
Author: diverse therapy range

Marlon Brando loved cats

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47647324)



Reply Favorite

Date: May 8th, 2024 2:44 PM
Author: Judgmental dingle berry

I hate this gay and retarded kike shithole

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645477)



Reply Favorite

Date: May 8th, 2024 2:45 PM
Author: High-end Nubile Incel

xo or America?

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645486)



Reply Favorite

Date: May 8th, 2024 2:46 PM
Author: Judgmental dingle berry

Yeah

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645490)



Reply Favorite

Date: May 8th, 2024 2:48 PM
Author: High-end Nubile Incel



(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47645496)



Reply Favorite

Date: May 8th, 2024 7:59 PM
Author: dun parlour



(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47646377)



Reply Favorite

Date: May 9th, 2024 8:50 AM
Author: diverse therapy range



(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47647325)



Reply Favorite

Date: May 8th, 2024 7:15 PM
Author: pearly scourge upon the earth orchestra pit

A lot of privileged morons in this thread.

Houses are literally the only thing a normal person is going to get a $500,000 loan to buy.

What other business do you want them to enter into? You think they were deciding between either flipping houses or starting their own Venture Capital fund?

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47646318)



Reply Favorite

Date: May 8th, 2024 7:18 PM
Author: Bistre Market Rigor

just invest in low-cost index funds in your 401k, bro.

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47646322)



Reply Favorite

Date: May 8th, 2024 7:26 PM
Author: pearly scourge upon the earth orchestra pit

Oh wow, so if you make $50k and put away 10% of your income, after 10 years you'll have....$71,000!

No idea why proles find making $50,000 in a few weeks more alluring...

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47646332)



Reply Favorite

Date: May 8th, 2024 9:17 PM
Author: dun parlour

It sounds like you're really not getting the miracle of compound interest

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47646599)



Reply Favorite

Date: May 8th, 2024 7:19 PM
Author: High-end Nubile Incel

you seem about 20% of the way towards identifying the systemic fraud at play

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47646324)



Reply Favorite

Date: May 8th, 2024 7:53 PM
Author: Exhilarant filthy foreskin

The top of the flipper market clearly do very well. High end flips seem to command a premium.

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47646369)



Reply Favorite

Date: May 8th, 2024 7:57 PM
Author: Umber histrionic bawdyhouse

They luv the idea of making quick money.

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47646375)



Reply Favorite

Date: May 8th, 2024 9:26 PM
Author: electric angry church building nibblets

They would rather be the perpetrators of house prices than the victims.

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47646620)



Reply Favorite

Date: May 8th, 2024 10:05 PM
Author: Supple impressive potus legal warrant

I seem to have unlocked the secret to getting engagement here after nearly nine years

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47646739)



Reply Favorite

Date: May 9th, 2024 8:44 AM
Author: High-end Nubile Incel

property + proles are both low hanging fruit but yes they work

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47647311)



Reply Favorite

Date: May 9th, 2024 12:45 AM
Author: Hairraiser brethren

Other forms of significant wealth creation are too abstract for them to comprehend. A house is something relatable and tangible.

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47647046)



Reply Favorite

Date: May 9th, 2024 5:17 AM
Author: cordovan rehab sandwich



(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47647149)



Reply Favorite

Date: May 9th, 2024 6:09 AM
Author: Boyish avocado locale dragon

we do this thread once every a year and this is always the most ojn point response

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47647154)



Reply Favorite

Date: May 9th, 2024 8:17 AM
Author: Henna roast beef

As always CR on this topic

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47647264)



Reply Favorite

Date: May 9th, 2024 8:20 AM
Author: Henna roast beef

Don’t forget a major part of their familiarity is their shit jobs. These dudes have seen enough to understand it physically start to finish.

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47647267)



Reply Favorite

Date: May 9th, 2024 9:11 AM
Author: cordovan rehab sandwich

This 2009 SI article is required reading on this point

https://vault.si.com/vault/2009/03/23/how-and-why-athletes-go-broke

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47647354)



Reply Favorite

Date: May 9th, 2024 8:29 AM
Author: Violet Galvanic School Cafeteria

the stock market is boring. real estate is more "fun".

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47647282)



Reply Favorite

Date: May 9th, 2024 8:52 AM
Author: diverse therapy range

also, shiplap

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47647330)



Reply Favorite

Date: May 9th, 2024 9:20 AM
Author: charismatic chocolate old irish cottage

proles love pipe dreams, only to come out on the losing end-- time after time

(http://www.autoadmit.com/thread.php?thread_id=5526488&forum_id=2#47647365)