this post was submitted on 08 Feb 2024
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Scalping Rule ☭ (midwest.social)
submitted 8 months ago by mossy_capivara@midwest.social to c/196@lemmy.blahaj.zone
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[–] agamemnonymous@sh.itjust.works 2 points 8 months ago

It's strange how the term has changed. When I was a kid I was dragged to real estate seminars, and "flipping" was specifically not modifying the homes, that was "rehabbing". Flipping was literally just buying cheap and selling for a profit, maybe taking better pictures or making minor adjustments to improve curb appeal. I specifically remember this guy Ron LeGrand, whose motto was "The less I do, the more I make".