Upland journey #2: I DON'T smell pennies

By Crazy kappa | Games by kappa | 23 May 2021


This week started off with a couple of good flips but stagnated quickly. I made a few poor choices in spending and paid big time because of them. I did complete the Great kills collection so that is something positive, but on the whole, my drunken sailor has been wandering around in a solemn stupor dragging my spirit along with it.

 

On Saturday night I sold 125 old town road for 10k UPX. looking back on it, I probably could've gotten more for it at the time and that's probably where my money problems stemmed from this week. I had been eyeing some properties while waiting for the deal to go through, and as soon as I got the liquid bought up 361 Woodrow Road for 8.2k UPX. I listed it for 12k expecting it to sell within three days, but when I woke up Sunday it had already sold, netting me a cool profit of 2.7k. I decided to buy up in the Great Kills to complete the property set finding the cheapest props I could, I bought: 77 Abingdon Ave, 73 Abingdon Ave, and 67 Abingdon Ave. I felt particularly proud of myself because they were on the same street and could double for the king of the street collection as well. At this point, I started to get an inflated ego. I thought I was so BIG BRAIN with my purchases that I would go out of my niche, Staten Island WHICH I ACTUALLY UNDERSTOOD, and take whatever deals I thought were good on Up2land. So I did that, I clicked search all and looked for properties with a good price to UP2 ratio, some experienced players may be chuckling to themselves, alas I am not, but let me elaborate to less experienced players why a good price to UP2 ratio isn't the only thing you should look for, I can give it to you in one word, RENT! I foolishly bought 3444 N ELLENDALE AVE for 7k UPX, and in order to make a respectable flip, I thought 9k UPX would be a fair price, considering the fact that surrounding props were listed similarly. If I could travel in a time machine, render my past self unconscious, and stop the deal from going through, trust me I would. After two days of the prop not selling I was confused, what was wrong? It was a large property! I consulted the Upland discord server for some sagely advice, and I got it. AS SOON as I asked what was going on, someone immediately pointed out the low rent income, my only thought was OOF. How could I be such an idiot! To say that this experience has taught me how careful you have to be with your UPX is an understatement. In the future, my technical analysis will be so thorough that before buying any property, I will actually FLY OUT to the IRL properties to look at them first. 

 

As soon as I went into panic mode on Tuesday, I decided to lower the price of 3444 N ELLENDALE AVE by 500 UPX, and pray to the lord. In another attempt for damage control, I tried posting 29 Deidre CT for 5.5k UPX. The next couple of days I compulsively checked both properties to see if any headway had been made, and at the writing of this article sadly there still hasn't been. I'm not saying I'm going back to begging for visitors, but the idea definitely has popped into my head a couple of times now. Next week I hope to sell either of the properties to drum up some liquid so I can ACTUALLY start learning how to flip, but beyond that, I don't know what else I should do, if you have any ideas feel free to let me know in the comments. See you next week!

Gains: 

  • net worth of 43,091UPX
  • 869 rent per month
  • 15 properties

 

If you'd like to visit any of them feel free to:

  • 100 N RAILROAD AVE
  • 326 HILLSIDE AVE
  • 21 PRINCE ST
  • 60 MARION AVE
  • 208 WARD AVE
  • 49 BROOK ST
  • 24 WILLIS AVE
  • 29 DEIRDRE CT
  • 322 VAN DUZER ST
  • 72 N RAILROAD AVE
  • 3444 N Ellendale AVE
  • 67 Abingdon AVE
  • 73 Abingdon AVE
  • 77 Abingdon AVE
  • 88 N RAILROAD AVE

referral code: 

 https://r.upland.me/roHZ

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