Audacious Flips and Renovations

[mike2]

[Nell Plotts]

[faster]

[Nell Plotts]

[biliruben]

Never underestimate the value of a Travertine bath.

From the looks of it, I think I have a Travertine bath too!

What's a Travertine bath, and why does it cost $200,000!?!

[Markor]

The travertine is on the floor of the 2nd picture of a bath, where you can't see the shower/tub. Reminds me of the stainless steel laminate the "Designed to Sell" team (on HGTV) puts on old refrigerators and dishwashers.

[deejayoh]

[pumpkin]

[kgcore]

[femto]

[Scotsman]

I really don't understand how someone can decide that $50,000/year (PITI, after 20% or $150,000 down), to live in either of the two above examples is a good deal. Think about it- for $30,000/year LESS you could rent the same property, leave your $150,000 down invested, and have $30,000/year left over to spend on European vacations, nicer cars, private education for your kids, etc. WTF.

Like the diamond cartel who has everyone thinking they need a diamond engagement ring, the Realtors have got the sheep thinking that ownership, at any cost, is the only accepted/legitimate way to live.

[femto]

[ayles]

[rentalbliss]

This is not a flip but definately audacious.

http://redfin.com/stingray/do/printable ... -id=334352

For perspective you can get 5 acres with stick built home in Lake Stevens for less than 500K.

[laxtosnoco]

A mobile home on <3 acres in Lake Stevens for $1.4m! I don't care what it is zoned, that is crazy!

Or maybe I'm wrong and it will sell on the 563rd day on the market.