Author Topic: Property Brothers Buying & Selling  (Read 1473 times)

brooklynmoney

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Property Brothers Buying & Selling
« on: April 12, 2017, 05:21:59 PM »
So if you are not working and living on your savings, your first instinct is to call Property Brothers to come renovate your existing space so you can sell and buy a bigger more expensive home, right?  Even if you have to borrow the down payment from your mother. No? Odd. Because that's what this woman on Property Brothers Buying & Selling just decided to do.

kayvent

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Re: Property Brothers Buying & Selling
« Reply #1 on: April 12, 2017, 05:40:37 PM »
Would this be considered leveraged investing? I know pre-'08 that 'buy a 200K house, it goes up to 300K over the years, then you move up to a 500K house that then goes up to 700K in a few years, etc..." was a tactic some people used.
« Last Edit: April 12, 2017, 05:43:10 PM by kayvent »

brooklynmoney

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Re: Property Brothers Buying & Selling
« Reply #2 on: April 12, 2017, 06:00:30 PM »
It's for sure leverage but "betting" might be a better term than investing.

Update: They just turned down the opportunity to try to get more money for their existing property and took the first offer they got (it was full price at least).