I want to flip houses, you know, that's what I want to do.

And I think it comes down to having an extremely strict buy box.

Yeah. I'm looking at, you know, three deals today that we have executed where you know one of them I think is a great house

It's a single story luxury home gated in summerland. It's a 680 buy 950 resale needs about a hundred into it so that's like a 300

case spread yeah but it's we have one comp it was unrenovated at 965.

Oh my gosh.

That sounds like a really good deal.

But that comp's gonna fall off.

Here's where you know you have to have the real estate knowledge right?

That comp's gonna fall off in three months

because it's sold in October, which is a good comp.

October sale I think is pretty similar to right now.

So I don't think we've changed a whole lot since then.

So maybe got better, maybe got better.

Right, so unrenovated at 965 should put me fully renovated at least at 9.50.

But there's only one and that one's going to fall off. Most likely by the time I close and finish rehab,

that comp's gone and then I'm left with nothing. What are the other comps?

All over the place. They're in like the mid to high eights, you know, nothing fully renovated, nothing turnkey like we would put out there.

So, yeah, that's the top part.

It's starting to feel a little bit like a gamble. I don't have if I don't have three supporting combs. I'm not buying a house right now exactly and that's

Hard to digest because I love the deal. Yeah, I deal. But if I don't have my strict buy box criteria right now in this market we have to say no to it.

Yep. If it has my buy box criteria, I want to do as many as we can.

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