Is Opendoor a Buy Today?

  Рет қаралды 2,572

Asymmetric Investing by Travis Hoium

Asymmetric Investing by Travis Hoium

Күн бұрын

Пікірлер: 8
@Bandomanages
@Bandomanages Ай бұрын
Best time to buy is now ! Look at carvana same business model . They will eventually scale like they did and disrupt the market for the better
@rohit-ld6fc
@rohit-ld6fc 4 ай бұрын
need a update on redfin!
@ivanxyz1
@ivanxyz1 4 ай бұрын
Zillow is smart for getting out of the home buying/selling business. Having twenty years in the real estate business, I see numerous reasons why it is not possible for a company like OPEN to be successful. Each home is very different with very different headaches. Scaling the home buying/selling process is more difficult than mass filing tax returns. You can't. You must treat each house differently like you have to file tax return differently. OpenDoor CANNOT scale. Bad business model. I wouldn't touch it.
@dunggg
@dunggg 4 ай бұрын
The worst kind of business is a business that rip off the customer and still lose money.
@Bandomanages
@Bandomanages Ай бұрын
How are they ripping off customers? They are providing a service and you know how much you’re going to get for a house when you sell . When you buy stuff at the grocery store they got it for cheaper then what your buying it for , you tell them they are ripping you off too ?
@dunggg
@dunggg Ай бұрын
@ I tried them and they gave me an “offer” and then came back a few days later trying charging me a “repair costs” after we agreed on the price. Luckily I didnt sign a contract to buy a new house so I wasn’t motived to move yet so I told them to fuck off. I dont know if they wouldve repair anything in my house but examples of people that actually sell to Opendoor seem to indicate the “repair costs” are arbitrary and they dont even repair the house before trying it flip it. Often time the repair costs can take up to 10 days after you agreed to sell them the house.
@borcan22
@borcan22 4 ай бұрын
no, is not
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