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Updated over 8 years ago on .

Richard M.'s profile image
Richard M.'s profile image
Richard M.
  • Investor
  • from Edison, NJ
  • Member since Mar 16, 2016
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User Stats

31
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15
Votes
Richard M.'s profile image
Richard M.'s profile image
Richard M.
  • Investor
  • from Edison, NJ
  • Member since Mar 16, 2016
Connect
Richard M.
  • Investor
  • Edison, NJ
15
Votes |
31
Posts
Buying & Selling Real Estate

PSA: Flippers Beware - Bed Stuy 11216

Richard M.
  • Investor
  • Edison, NJ
Posted

For anyone not paying attention to what's actually going on in Bed Stuy, 12 flip projects were robbed in 1 week within the boundaries of one police precinct. 

Yet a brownstone SHELL is going for $1.5 million on Loopnet with the wholesaler claiming it's worth $2m. 

Be careful out ya'll. For all you brave souls venturing into North BK: If you didn't get robbed by the wholesaler, your construction zone probably will be. 

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