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why do proles get fixated on "flipping houses"

...
overrated shrine partner
  05/08/24
>$100k at once, to proles, is the mental equivalent of $1...
Magenta Painfully Honest Rehab Gaming Laptop
  05/08/24
Lmao flippers make more like $15-30k
Violet ticket booth hissy fit
  05/08/24
The final check is all that matters.
Magenta Painfully Honest Rehab Gaming Laptop
  05/08/24
They make like $2/hr but then they get a big check.
racy garrison clown
  05/08/24
and with no concept of the risks the lucky ones do this f...
Violet ticket booth hissy fit
  05/08/24
literally met for coffee with a house flipper client today. ...
Wonderful Dingle Berry Property
  05/08/24
did he make u buy him a dozen croissants to go?
sable market
  05/08/24
...
Clear violent depressive prole
  05/08/24
I meant average ones but for everyone timing the market i...
Violet ticket booth hissy fit
  05/08/24
yeah every flipper knows one guy like this which is why they...
orchid adulterous faggot firefighter karate
  05/08/24
yeah then you press them on closing costs and taxes and inte...
sapphire casino police squad
  05/08/24
they just write it off
Violet ticket booth hissy fit
  05/08/24
what does that even mean?
laughsome circlehead tanning salon
  05/08/24
they know what it means
Violet ticket booth hissy fit
  05/08/24
...
sapphire casino police squad
  05/08/24
It means they commit tax fraud
orchid adulterous faggot firefighter karate
  05/08/24
strong post moniker synergy
Violet ticket booth hissy fit
  05/08/24
then flee to their home country
snowy cracking persian queen of the night
  05/09/24
They write it off, Jerry!
High-end library newt
  05/08/24
so you're doing 4-6 projects a year dealing with contractors...
Territorial Cerebral Striped Hyena Affirmative Action
  05/08/24
That's huge money for a prole with no education. And they're...
Talented Confused Keepsake Machete Space
  05/08/24
fair point, i noticed two guys i grew up with who are the te...
Territorial Cerebral Striped Hyena Affirmative Action
  05/09/24
That's a lot of money and way more than I make as an attorne...
indigo titillating national headpube
  05/08/24
If you're smart you get a relators license so you collect th...
Talented Confused Keepsake Machete Space
  05/08/24
titcr
snowy cracking persian queen of the night
  05/09/24
...
orchid adulterous faggot firefighter karate
  05/08/24
houses/property are tangible, unlike most other financial th...
Spruce station factory reset button
  05/08/24
correct
Passionate filthpig range
  05/09/24
only access to leverage proles have. the believe themselves ...
Carnelian Menage Haunted Graveyard
  05/08/24
Exactly cr. It's the only "asset class" that prole...
curious patrolman
  05/08/24
except the latter understand real estate cycles
Violet ticket booth hissy fit
  05/08/24
Quote from an old thread: To get in the mind of a prole, ...
Magenta Painfully Honest Rehab Gaming Laptop
  05/08/24
the crab bucket mentality of the proles is especially apt. n...
Carnelian Menage Haunted Graveyard
  05/08/24
I had a friend who lived in a luxury high rise he couldn't a...
Boyish burgundy cuck
  05/08/24
20 years ago I knew a guy who owned 3 houses in another stat...
Violet ticket booth hissy fit
  05/08/24
I escaped the pit. problem is you are always "from"...
Aphrodisiac liquid oxygen orchestra pit
  05/08/24
But I don't have a pit like that
Drab galvanic university
  05/08/24
The dog turned the rat and the snake against each other and ...
Fuchsia swashbuckling church building trump supporter
  05/08/24
...
Magenta Painfully Honest Rehab Gaming Laptop
  05/08/24
Marlon Brando loved cats
snowy cracking persian queen of the night
  05/09/24
I hate this gay and retarded kike shithole
Clear violent depressive prole
  05/08/24
xo or America?
Violet ticket booth hissy fit
  05/08/24
Yeah
Clear violent depressive prole
  05/08/24
...
Violet ticket booth hissy fit
  05/08/24
...
charismatic business firm
  05/08/24
...
snowy cracking persian queen of the night
  05/09/24
A lot of privileged morons in this thread. Houses are lit...
Thriller Hyperventilating Locale
  05/08/24
just invest in low-cost index funds in your 401k, bro.
laughsome circlehead tanning salon
  05/08/24
Oh wow, so if you make $50k and put away 10% of your income,...
Thriller Hyperventilating Locale
  05/08/24
It sounds like you're really not getting the miracle of comp...
charismatic business firm
  05/08/24
you seem about 20% of the way towards identifying the system...
Violet ticket booth hissy fit
  05/08/24
The top of the flipper market clearly do very well. High end...
Sickened wagecucks box office
  05/08/24
They luv the idea of making quick money.
yellow adventurous gas station travel guidebook
  05/08/24
They would rather be the perpetrators of house prices than t...
floppy crackhouse
  05/08/24
I seem to have unlocked the secret to getting engagement her...
overrated shrine partner
  05/08/24
property + proles are both low hanging fruit but yes they wo...
Violet ticket booth hissy fit
  05/09/24
Other forms of significant wealth creation are too abstract ...
odious green dysfunction theatre
  05/09/24
...
orchid adulterous faggot firefighter karate
  05/09/24
we do this thread once every a year and this is always the m...
Bespoke turdskin lodge
  05/09/24
As always CR on this topic
Lake public bath legal warrant
  05/09/24
Don’t forget a major part of their familiarity is thei...
Lake public bath legal warrant
  05/09/24
This 2009 SI article is required reading on this point ht...
orchid adulterous faggot firefighter karate
  05/09/24
the stock market is boring. real estate is more "fun&qu...
Unhinged quadroon
  05/09/24
also, shiplap
snowy cracking persian queen of the night
  05/09/24
proles love pipe dreams, only to come out on the losing end-...
Aqua lay
  05/09/24


Poast new message in this thread



Reply Favorite

Date: May 8th, 2024 2:38 PM
Author: overrated shrine partner



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



Reply Favorite

Date: May 8th, 2024 2:39 PM
Author: Magenta Painfully Honest Rehab Gaming Laptop

>$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: Violet ticket booth hissy fit

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: Magenta Painfully Honest Rehab Gaming Laptop

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: racy garrison clown

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: Violet ticket booth hissy fit

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: Wonderful Dingle Berry Property

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: sable market

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: Clear violent depressive prole



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



Reply Favorite

Date: May 8th, 2024 3:03 PM
Author: Violet ticket booth hissy fit

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: orchid adulterous faggot firefighter karate

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: sapphire casino police squad

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: Violet ticket booth hissy fit

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: laughsome circlehead tanning salon

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: Violet ticket booth hissy fit

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: sapphire casino police squad



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



Reply Favorite

Date: May 8th, 2024 4:09 PM
Author: orchid adulterous faggot firefighter karate

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: Violet ticket booth hissy fit

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: snowy cracking persian queen of the night

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: High-end library newt

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: Territorial Cerebral Striped Hyena Affirmative Action

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: Talented Confused Keepsake Machete Space

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: Territorial Cerebral Striped Hyena Affirmative Action

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: indigo titillating national headpube

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: Talented Confused Keepsake Machete Space

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: snowy cracking persian queen of the night

titcr

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



Reply Favorite

Date: May 8th, 2024 3:02 PM
Author: orchid adulterous faggot firefighter karate



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



Reply Favorite

Date: May 8th, 2024 2:39 PM
Author: Spruce station factory reset button

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: Passionate filthpig range

correct

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



Reply Favorite

Date: May 8th, 2024 2:39 PM
Author: Carnelian Menage Haunted Graveyard

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: curious patrolman

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: Violet ticket booth hissy fit

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: Magenta Painfully Honest Rehab Gaming Laptop

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: Carnelian Menage Haunted Graveyard

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: Boyish burgundy cuck

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: Violet ticket booth hissy fit

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: Aphrodisiac liquid oxygen orchestra pit

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: Drab galvanic university

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: Fuchsia swashbuckling church building trump supporter

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: Magenta Painfully Honest Rehab Gaming Laptop



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



Reply Favorite

Date: May 9th, 2024 8:50 AM
Author: snowy cracking persian queen of the night

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: Clear violent depressive prole

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: Violet ticket booth hissy fit

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: Clear violent depressive prole

Yeah

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



Reply Favorite

Date: May 8th, 2024 2:48 PM
Author: Violet ticket booth hissy fit



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



Reply Favorite

Date: May 8th, 2024 7:59 PM
Author: charismatic business firm



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



Reply Favorite

Date: May 9th, 2024 8:50 AM
Author: snowy cracking persian queen of the night



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



Reply Favorite

Date: May 8th, 2024 7:15 PM
Author: Thriller Hyperventilating Locale

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: laughsome circlehead tanning salon

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: Thriller Hyperventilating Locale

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: charismatic business firm

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: Violet ticket booth hissy fit

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: Sickened wagecucks box office

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: yellow adventurous gas station travel guidebook

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: floppy crackhouse

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: overrated shrine partner

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: Violet ticket booth hissy fit

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: odious green dysfunction theatre

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: orchid adulterous faggot firefighter karate



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



Reply Favorite

Date: May 9th, 2024 6:09 AM
Author: Bespoke turdskin lodge

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: Lake public bath legal warrant

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: Lake public bath legal warrant

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: orchid adulterous faggot firefighter karate

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: Unhinged quadroon

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: snowy cracking persian queen of the night

also, shiplap

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



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Date: May 9th, 2024 9:20 AM
Author: Aqua lay

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)