Quote:
Originally Posted by gorillarick
"There are some who buy/sell every 2-3 years and pocket the profit."
Not sure how you calculate, but with real estate commission, closing costs, taxes, moving expenses, all kinds of upgrades and customizing you will desire, fix stuff you didn't know needing fixed, , ,
You probably just blew $10 grand or more easily. $20 $30 ?
I'd suggest coming here many times, and renting for a month or so each time.
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TV is probably the cheapest movers we have found in any state. Five moves, the least $475 from PV, in 2010. The highest $900 in 2022, 2300sf Designer.
End profit from $120,000 -$350,000 and higher every 2-9 years has everything to do with model, and view. There are many who sell by owner, or in conjunction with agent with 2-3% commissions.
We personally know a few couples the buy/sell, has fully funded their retirement.
Not sure if 2025 will be as profitable, but most can afford to just sit awhile if it’s not. We have always bought then sold houses after moving