"I don't buy houses. I solve problems," said Scott Sekulow, who leads an Atlanta-area congregation of messianic Jews and bills himself as the Flipping Rabbi.
Messianic jews believe that Jesus Christ is their lord and savior like regular Christians. They observe regular jewish holidays and still believe that jews are God's chosen people. They allow gentiles to join their congregations (circumcision required among other things), but they strongly prefer ethnic jews-- and don't really want to co-mingle with gentiles. Other jews and the israeli goverment consider messianic jews to be Christians and not jews at all. They can be banned from israel's right of return policy, depending on the circumstances. A messianic jew won a religious discrimination lawsuit in (georgia?) for being required to work on jewish sabbath (saturday) while employed as a cop.
It's arbitrage. They buy shit houses that need a lot of work from people that want the cash in a hurry, and then resell them for a profit to house flippers. If you sold your home for a big cash payout, and didn't do the legwork to see if you could get a higher price on the market, what do you expect?
I wouldn’t expect my parish priest to take advantage of me tbh. The lad is a rabbi ffs. I’m not that religious but I wouldn’t expect a Sunday sermon to involve instruction on how to take advantage of arbitrage opportunities in relation to my fellow parishioners’ financial distress. Fucking jews man.
I wouldn’t expect my parish priest to take advantage of me tbh.
It's definitely weird for a rabbi to be doing this, but the article also talks about a software developer (whose name doesn't sound Jewish) doing this on the side as well. In that example, he ponied up $120k for a home and sold it for $130k, making $10k on the sale "for around 10 hours of work". Of course, that 10 hours doesn't include all the time he spends looking for homes and coming up empty, nor does it talk about the risk he takes when he buys the home.
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[ - ] account deleted by user 1 point 3 yearsMay 31, 2021 11:57:41 ago (+1/-0)
[ + ] Skeptic5000
[ - ] Skeptic5000 0 points 3 yearsMay 31, 2021 21:08:43 ago (+0/-0)
[ + ] Xantha
[ - ] Xantha 0 points 3 yearsJun 1, 2021 02:36:12 ago (+0/-0)
IMO it's just a group of jews jewing jews.
[ + ] chrimony
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[ + ] Irelandlost
[ - ] Irelandlost 0 points 3 yearsMay 31, 2021 13:19:47 ago (+0/-0)
[ + ] chrimony
[ - ] chrimony 0 points 3 yearsMay 31, 2021 13:40:13 ago (+0/-0)
It's definitely weird for a rabbi to be doing this, but the article also talks about a software developer (whose name doesn't sound Jewish) doing this on the side as well. In that example, he ponied up $120k for a home and sold it for $130k, making $10k on the sale "for around 10 hours of work". Of course, that 10 hours doesn't include all the time he spends looking for homes and coming up empty, nor does it talk about the risk he takes when he buys the home.