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Updated almost 8 years ago on . Most recent reply

User Stats

675
Posts
884
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David Song
  • Real Estate Broker
  • Redwood City, CA
884
Votes |
675
Posts

Flip and flop divorce

David Song
  • Real Estate Broker
  • Redwood City, CA
Posted
Just saw on YouTube that the couple get divorced in 2016. There were a lot of issues from their guru seminars. Do not know what is going on there. Any insights? I like to watch this show but it does seem to be fake. Now I think this couple may not even be that successful with REI at all. If they truly made a fortune, there should be some news on that. Many of the folks on this forum maybe much more successful than that couple. Just a guess.

Most Popular Reply

Account Closed
  • Johnson City, TN
705
Votes |
586
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Account Closed
  • Johnson City, TN
Replied

I always enjoyed how they ended up paying more for the house than their target amount. They then proceed to end up with 50k in unexpected expenses and end up having as much in their expenses as their original target selling price. Magically the market has increased overnight and Tarek has found a comp for 25k higher. Naturally their house is always superior so he prices theirs 25k over the highest comp. a bidding war ensues and they end up selling for 100k over their initial target price. So, I have discovered the secret to success. Move to southern California, get an Escalade, a smokin hot wife, and go around with a bewildered, confused look on my face.

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