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A Zillow Flip that Flopped

A Zillow Flip that Flopped

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Nov 07, 2021
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A Zillow Flip that Flopped
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Update: I left out the fee Zillow charges when they purchase the house, so their loss as not as bad as I initially thought (although I left out some expenses too).

Here is an example flop from Zillow.

This home is at 271 Capella Ave in La Habra California. It is list by Active Realty (that seems to be associated with Zillow). This is a single story home…

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