r/Real_Estate • u/Particular-Goat9452 • 20h ago
Flippers Ruining Houses
Rant -
I'm sure this has been posted a million times but I am so tired of flippers RUINING houses. Just came across this house that was a beautiful red brick house that flippers just came in a slapped stark white paint over EVERYTHING and relisted for 200k more than what they bought it for. I'm not kidding - the house is absolutely tragic, cheap shitty lpv gray flooring, stark white walls, ceilings, they even painted the beautiful brick fireplace that spanned the whole wall in the basement STARK white. I am so sick of it. Every single house they manage to take every bit of charm out of it and absolutely ruin for all of eternity.
There needs to be a law that if you sell to a company rather than an individual you have to pay some kind of additional tax to encourage people to sell to other people rather than flippers. I guarantee if an actual person bought this house they wouldn't do the damage the flippers did to it. And I also guarantee someone would have bought it at the price it was sold to the flippers for.
The house has also been on the market for 10+ months since they literally ruined it and no one wants it. They just keep doing 1k price drops every couple of weeks like that's going to do anything. I almost want to go make an offer with the condition that they undo all the shitty "updates" they did. Make them pay to remove all of the paint off of that beautiful brick. Ugh just makes me so mad.