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To: Miss Marple
Lots of Americans need to get themselves educated.

Maybe our schools should teach about money instead of the millions they spend to teach us "diversity".

I worked for a lawyer whose sole job was flipping houses.

He also purchased tax liens against properties where property taxes weren't paid. Intriguing business I must say.

This was back in 95 or so and in Baltimore, at the time, Flipping houses was considered a shameful activity.

Then we had the infamous UG....you know the guy who buys UGLY houses ostensibly to fix up and resell?

Next we have the TV show "Flip That House" and like my life, I was a day late and a dollar short when flipping houses became de rigeur.

I could write a book on flipping houses as my job was to handle all the money for this sort of thing.

My father made a small fortune flipping houses. Although it wasn't called that in his era. He was a carpenter and he'd buy a house, fix it up, then sell it for a great profit. We actually lived in those houses however as they were remodeled. Sometimes we didn't even have indoor bathrooms, hand to God. My entire childhood was spent building house for my father, then moving, building again. When he died he left all his money to his son by his second marriage, leaving us little slave kids out of his will. Just a bitch, forgive me.

The house I lived in before Delaware he bought for $5,000. I bought it from him for $107,000 and we sold it five years ago for $220,000.

There's money to be made in flipping houses and it's not illegal. But you can believe that this notion was sold to ghetto residents looking for a rainbow without qualification one to achieve a decent result.

305 posted on 09/21/2008 8:59:00 AM PDT by Fishtalk
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To: Fishtalk

“Maybe our schools should teach about money instead of the millions they spend to teach us “diversity”.”

So true.


325 posted on 09/21/2008 9:18:25 AM PDT by Sunnyflorida (Unless you are nice and thoughtful you will be ignored. Write in Thomas Sowell.)
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To: Fishtalk
The father of a friend of mine back in the 60s/70s after he was made redundant by Pfizer (he worked in the lab there) turned to doing up old run down properties mainly in the London area but it bought enough money in to finance 3 collage educations and buy houses for them while at college and then re-sell and finance their mortgages when they left college.
343 posted on 09/21/2008 9:26:29 AM PDT by snugs ((An English Cheney Chick - Big Time))
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