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Tag Page RealEstateFails

#RealEstateFails
russellolson

How the Dubrows Lost Millions Flipping a Mansion

Ever thought flipping a mansion was a surefire way to get rich? Heather and Terry Dubrow just proved it’s not always a win. They lost $5.8 million selling their Beverly Hills estate, thanks to sky-high LA taxes, endless renovations, and a shrinking family. The big takeaway? If you’re dreaming of a home makeover, always double-check your budget and research your contractors—otherwise, you might end up with more stress than profit! #RealEstate #RealEstateFails #MoneyLifehacks

How the Dubrows Lost Millions Flipping a Mansion
Christopher Hernandez

would you ever risk buying a waterfront home?

We almost bought a dream waterfront home—until we dug deeper. The house sat on a high water table and was in a 20-year flood zone. Moisture tests showed water trapped under the foundation, soaking into the slab and tile. Fixing it? Hundreds of thousands of dollars. Here’s the kicker: the lot should never have been approved for a basement. But since the previous owner was a big-name developer, they clearly bent the rules. Now, the house is unsellable. If you're buying near water, do your research. Test for moisture, check flood zones, and never assume permits mean a property is actually safe. Would you ever take the risk? #HomeBuyingNightmares #RealEstateFails #WaterfrontHome

would you ever risk buying a waterfront home?
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