Talk of The Villages Florida - View Single Post - Renting and flipping alive, well and needed to keep prices up?
Thread: Renting and flipping alive, well and needed to keep prices up?
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Old 06-11-2023, 07:22 AM
Laker14 Laker14 is offline
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Quote:
Originally Posted by melpetezrinski View Post
Prices have doubled in the last 5 years. So, if you bought a $250,000 home 5 years ago, you would have made $50,000 per year. Do you think that covers all the expenses?
Well, perhaps some have doubled in the last 5 years, but in looking at the listings on Trulia this morning I see more that look like this one:

2541 English Ivy Cir, The Villages, FL 32162 | MLS# G5066644 | Trulia
which, when looking at price history reveal that even at current asking price, the house hasn't doubled since 2004, than I find homes that show a 100% increase over 5 years.