\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

why do proles get fixated on "flipping houses"

...
vivacious hilarious hell faggot firefighter
  05/08/24
>$100k at once, to proles, is the mental equivalent of $1...
rusted crusty school cafeteria
  05/08/24
Lmao flippers make more like $15-30k
floppy idiotic stage
  05/08/24
The final check is all that matters.
rusted crusty school cafeteria
  05/08/24
They make like $2/hr but then they get a big check.
sinister territorial school
  05/08/24
and with no concept of the risks the lucky ones do this f...
floppy idiotic stage
  05/08/24
literally met for coffee with a house flipper client today. ...
free-loading bbw property
  05/08/24
did he make u buy him a dozen croissants to go?
Boyish hominid university
  05/08/24
...
Maniacal Mother
  05/08/24
I meant average ones but for everyone timing the market i...
floppy idiotic stage
  05/08/24
yeah every flipper knows one guy like this which is why they...
Excitant sadistic theatre keepsake machete
  05/08/24
yeah then you press them on closing costs and taxes and inte...
exhilarant mahogany fat ankles
  05/08/24
they just write it off
floppy idiotic stage
  05/08/24
what does that even mean?
twinkling up-to-no-good gas station indirect expression
  05/08/24
they know what it means
floppy idiotic stage
  05/08/24
...
exhilarant mahogany fat ankles
  05/08/24
It means they commit tax fraud
Excitant sadistic theatre keepsake machete
  05/08/24
strong post moniker synergy
floppy idiotic stage
  05/08/24
then flee to their home country
motley locale wagecucks
  05/09/24
They write it off, Jerry!
Blue bespoke trump supporter stage
  05/08/24
so you're doing 4-6 projects a year dealing with contractors...
Opaque location old irish cottage
  05/08/24
That's huge money for a prole with no education. And they're...
outnumbered ungodly wrinkle love of her life
  05/08/24
fair point, i noticed two guys i grew up with who are the te...
Opaque location old irish cottage
  05/09/24
That's a lot of money and way more than I make as an attorne...
Bright frisky stag film knife
  05/08/24
If you're smart you get a relators license so you collect th...
outnumbered ungodly wrinkle love of her life
  05/08/24
titcr
motley locale wagecucks
  05/09/24
...
Excitant sadistic theatre keepsake machete
  05/08/24
houses/property are tangible, unlike most other financial th...
Cyan wonderful plaza kitty
  05/08/24
correct
Hairless multi-billionaire
  05/09/24
only access to leverage proles have. the believe themselves ...
twisted macaca orchestra pit
  05/08/24
Exactly cr. It's the only "asset class" that prole...
cerebral bawdyhouse international law enforcement agency
  05/08/24
except the latter understand real estate cycles
floppy idiotic stage
  05/08/24
Quote from an old thread: To get in the mind of a prole, ...
rusted crusty school cafeteria
  05/08/24
the crab bucket mentality of the proles is especially apt. n...
twisted macaca orchestra pit
  05/08/24
I had a friend who lived in a luxury high rise he couldn't a...
offensive carmine death wish
  05/08/24
20 years ago I knew a guy who owned 3 houses in another stat...
floppy idiotic stage
  05/08/24
I escaped the pit. problem is you are always "from"...
bossy dull den
  05/08/24
But I don't have a pit like that
Navy Toilet Seat Senate
  05/08/24
The dog turned the rat and the snake against each other and ...
Frozen Codepig
  05/08/24
...
rusted crusty school cafeteria
  05/08/24
Marlon Brando loved cats
motley locale wagecucks
  05/09/24
I hate this gay and retarded kike shithole
Maniacal Mother
  05/08/24
xo or America?
floppy idiotic stage
  05/08/24
Yeah
Maniacal Mother
  05/08/24
...
floppy idiotic stage
  05/08/24
...
Chartreuse azn ladyboy
  05/08/24
...
motley locale wagecucks
  05/09/24
A lot of privileged morons in this thread. Houses are lit...
mint people who are hurt goyim
  05/08/24
just invest in low-cost index funds in your 401k, bro.
twinkling up-to-no-good gas station indirect expression
  05/08/24
Oh wow, so if you make $50k and put away 10% of your income,...
mint people who are hurt goyim
  05/08/24
It sounds like you're really not getting the miracle of comp...
Chartreuse azn ladyboy
  05/08/24
you seem about 20% of the way towards identifying the system...
floppy idiotic stage
  05/08/24
The top of the flipper market clearly do very well. High end...
aphrodisiac striped hyena gaming laptop
  05/08/24
They luv the idea of making quick money.
Poppy flickering sanctuary
  05/08/24
They would rather be the perpetrators of house prices than t...
Brass son of senegal circlehead
  05/08/24
I seem to have unlocked the secret to getting engagement her...
vivacious hilarious hell faggot firefighter
  05/08/24
property + proles are both low hanging fruit but yes they wo...
floppy idiotic stage
  05/09/24
Other forms of significant wealth creation are too abstract ...
vibrant gaping
  05/09/24
...
Excitant sadistic theatre keepsake machete
  05/09/24
we do this thread once every a year and this is always the m...
electric dingle berry
  05/09/24
As always CR on this topic
Tan Mood
  05/09/24
Don’t forget a major part of their familiarity is thei...
Tan Mood
  05/09/24
This 2009 SI article is required reading on this point ht...
Excitant sadistic theatre keepsake machete
  05/09/24
the stock market is boring. real estate is more "fun&qu...
lake rehab
  05/09/24
also, shiplap
motley locale wagecucks
  05/09/24
proles love pipe dreams, only to come out on the losing end-...
anal big tanning salon new version
  05/09/24


Poast new message in this thread



Reply Favorite

Date: May 8th, 2024 2:38 PM
Author: vivacious hilarious hell faggot firefighter



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



Reply Favorite

Date: May 8th, 2024 2:39 PM
Author: rusted crusty school cafeteria

>$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: floppy idiotic stage

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: rusted crusty school cafeteria

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: sinister territorial school

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: floppy idiotic stage

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: free-loading bbw 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: Boyish hominid university

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: Maniacal Mother



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



Reply Favorite

Date: May 8th, 2024 3:03 PM
Author: floppy idiotic stage

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: Excitant sadistic theatre keepsake machete

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: exhilarant mahogany fat ankles

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: floppy idiotic stage

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: twinkling up-to-no-good gas station indirect expression

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: floppy idiotic stage

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: exhilarant mahogany fat ankles



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



Reply Favorite

Date: May 8th, 2024 4:09 PM
Author: Excitant sadistic theatre keepsake machete

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: floppy idiotic stage

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: motley locale wagecucks

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: Blue bespoke trump supporter stage

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: Opaque location old irish cottage

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: outnumbered ungodly wrinkle love of her life

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: Opaque location old irish cottage

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: Bright frisky stag film knife

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: outnumbered ungodly wrinkle love of her life

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: motley locale wagecucks

titcr

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



Reply Favorite

Date: May 8th, 2024 3:02 PM
Author: Excitant sadistic theatre keepsake machete



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



Reply Favorite

Date: May 8th, 2024 2:39 PM
Author: Cyan wonderful plaza kitty

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: Hairless multi-billionaire

correct

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



Reply Favorite

Date: May 8th, 2024 2:39 PM
Author: twisted macaca orchestra pit

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: cerebral bawdyhouse international law enforcement agency

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: floppy idiotic stage

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: rusted crusty school cafeteria

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: twisted macaca orchestra pit

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: offensive carmine death wish

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: floppy idiotic stage

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: bossy dull den

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: Navy Toilet Seat Senate

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: Frozen Codepig

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: rusted crusty school cafeteria



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



Reply Favorite

Date: May 9th, 2024 8:50 AM
Author: motley locale wagecucks

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: Maniacal Mother

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: floppy idiotic stage

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: Maniacal Mother

Yeah

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



Reply Favorite

Date: May 8th, 2024 2:48 PM
Author: floppy idiotic stage



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



Reply Favorite

Date: May 8th, 2024 7:59 PM
Author: Chartreuse azn ladyboy



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



Reply Favorite

Date: May 9th, 2024 8:50 AM
Author: motley locale wagecucks



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



Reply Favorite

Date: May 8th, 2024 7:15 PM
Author: mint people who are hurt goyim

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: twinkling up-to-no-good gas station indirect expression

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: mint people who are hurt goyim

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: Chartreuse azn ladyboy

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: floppy idiotic stage

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: aphrodisiac striped hyena gaming laptop

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: Poppy flickering sanctuary

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: Brass son of senegal circlehead

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: vivacious hilarious hell faggot firefighter

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: floppy idiotic stage

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: vibrant gaping

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: Excitant sadistic theatre keepsake machete



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



Reply Favorite

Date: May 9th, 2024 6:09 AM
Author: electric dingle berry

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: Tan Mood

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: Tan Mood

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: Excitant sadistic theatre keepsake machete

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: lake rehab

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: motley locale wagecucks

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: anal big tanning salon new version

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)