``The California home flipper is back in full force. Last year, I noticed more examples of people going for the big flip similar to the mania days. Since the crisis hit, many were getting burned. But thanks to low rates and crazy low inventory, many flippers are finding success. For example, a foreclosure bought in 2010 in the hipster neighborhood of Silverlake was purchased for $211,000 and sold this year for $535,000...''

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