Not a mistake if that’s your heart’s desire.
Yeah, who doesn’t like a narrow 3 storied home that looks exactly alike to others in your development and if you are lucky, now, you are not on the freeway side…
Yes, a bargain because it’s not facing 19th.
Phony. Not what you said a month ago 
Huh? Rhetorical question… I never want to be anywhere on Freeway 19th Ave…
Your memory is failing you…
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I think he was just being sarcastic.
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Thank you… you know me like a brother would
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Geez, that is a sweet, strong price for outer Sunset…
Even sweeter return for seller!!!
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I saw this one in person. They were on the market a long time. They used expensive finishes too and had a 10 feet ceiling upstairs. Hate to say it but I think buyers got a deal at 1.71.
Despite the time and remodeling, the flipper can’t complain too much right? I mean, garnering 1.7M in the 40’s was probably unthinkable just a few years ago…
The remodeling was too good for outer sunset. Probably over 400k job
Really, that good?
Flipping is always very slim margin. Can’t expect to make too much profit based on renovation. If a flip made a lot of money, it’s probably more of the market moving up than the renovation itself.
I hear you, but isn’t this case a pretty good win for Mr. Flipper? So let’s say 400K + 800K, 1.2M and then selling for 1.7M??? Not too shabby, eh???
Yes. He held it for almost a year and the market moved up since last July when he bought it. I’d say maybe 20% of the profit is from renovation and 80% of it is from buy and hold.
Been flipping since 1976. It makes more sense to buy and hold these days. Let the market do the work.
Besides it is hard to find new flip potentials
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The problem with that is you can only buy and hold so much until you run out of cash… 
The key is the amount of money made and retained not the numbers of flips done. Besides buy and hold means less tax. Can always live off the refi money if needed.
I am currently flipping but it is a 1031
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You shouldn’t think this way because that would contribute to low inventory. Don’t hold, flip.