3 ms·
1M. Goes up in value to 1.5M in a few years. Boom. 500K gain on 100k. Not that uncommon. Extremely uncommon, even if you buy during a lull and sell on a peak.
by masonic 6y ago
1M. Goes up in value to 1.5M in a few years. Boom. 500K gain on 100k. Not that uncommon.
Extremely uncommon, even if you buy during a lull and sell on a peak. (SV homeowner 34 years)
- exclusiv 6y agoI'm in LA and it's not extremely uncommon. I'm also seeing it in a few other Southern California areas. Also there are tons of options to flip if you want to put in some work and have the funds. Not that hard when the price per square foot grossly exceeds the cost to build.