Flipping

On our short, three block segment of ten street homes, one home has flipped and two are in the process already this year.

Time had come for folks who weren't so old when we first moved into the neighborhood just over 30 years ago.

Millie and Ken's Place
Good folks now gone

The house across from us was once occupied by Millie, retired school teacher and Ken, retired engineer.    Ken passed a few years back and Millie has found fun in a retirement center. Their home of around 55 years just hit the flip stage.  You can tell as the Mercedes, BMW's and Grand Cherokee's park often and stay a while...their owners carefully going over the premises inside and out.  Makes me think of vultures hovering over a desert carcass. Of course it's not really that bad, just time marching on.

Millie and Ken never really upgraded their home from when they bought it new around 1959, save a new roof a few years back.  Now it needs dual-pane windows, new flooring and new kitchen redesign and remodel, 2.5 baths remodeled and a wall or two knocked down.  Could also use new contemporary siding, some serious lawn work and quite possibly new furnace and air conditioner.

The flippers are all over this one like a cheap suit.  Hell, I was even kicking it around with Julie.  But...I am too ignorant about putting the proper deal together plus, Millie and Ken's daughter has it priced about $50k over market...way past the ballpark.  The expert flippers will figure it out though, eventually.

This is Sacramento in 2018 and there ain't enough homes to go around. 'Merica.  Land of opportunity.