Ironically, some of my best flips were failed flips that turned into rentals that turned

into flips.

So I got this property in Summerland.

I bought it for 525, 4,000 square feet.

I mean, sick house.

And I put like 100 something into it.

Didn't sell.

I'm like, screw it.

Back then, this was seven, six, seven years ago, I could at least break even legitimately.

I was like, yeah, you know what?

I'll just break even and sit on it.

Yeah.

So I break even, sit on it for all these years.

And then finally, I was like, you know what?

It's like doubled, you know, throughout COVID and all this stuff. And so ended up selling it for like 1.2 or something. Mm-hmm. And so it was great. Made no money, you know, during the five years of holding it. Yeah. But the appreciation was the money. Exactly. And I think that's like the whole sub to creative finance crave. We haven't talked about that, but like you could buy a property where the owner just like lets you pay off their arrears, whatever they, you know, whatever they're behind on the property or what maybe $5,000. I've seen that. People walk away from a house with $5,000 and they just let you take over the mortgage and have title.

Those properties work.

But right now, not the last five years.

Right now, even those properties, they don't rent out where they make sense.

So you're actually losing money if you do a traditional rental.

So that's why they pitch you on co-living and stuff like that or Airbnb.

Yeah, because the traditional rental will not make money.

Yeah.

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