Flippers Are LOSING Tens of Thousands...

For months investors and agents (along with many brokers) have been sticking their head in the sand and ignoring the market changes.

While you certainly don’t want to be paralyzed by this dynamic market, understanding that things have changed, how they’ve changed, why, and adapting quickly to find the opportunity — is the key to long-term success.

But still — reality, it reality.

Local real estate flipper, builder, and entrepreneur, Pat Flynn, says, “it’s a bloodbath” (for flippers) this year. But like many successful people, Pat doesn’t get stuck on a year-to-year basis, he thinks in decades and where the growth will be moving after this correction… and potential crash (30% down from peak).

Pat says some things that really make sense, and if you’re a realtor or investor in Jacksonville, you’ll want to watch this video in full.

“The appreciation wasn’t real, it was just capital flows. It’s not really a drop, it’s the fabrication going away.”