The Flip, based upon a true story, tells the truth about Fliponomics. Set in 2002, it’s about an overly aggressive real estate broker based in Pasadena, CA who flipped 50 new tract homes in 5 years. Conflicted, driven and full of hubris, this investor employed a controversial burn and churn strategy of buying multi-homes under construction for as little as $1,500 and rapidly reselling these homes at a substantial profit.
Mr. Potter has worked in the real estate and mortgage industry since 1992 and is a former member of the National Association of Home Builders, International Council of Shopping Centers, and a present member of the National Association of Realtors. He has extensive experience in both commercial and residential real estate in California, Nevada, and Arizona and has consulted investors and the media throughout the United States.