A Twitter account touting the potential of acquiring wealth by “flipping” available real estate in Boyle Heights is raising eyebrows of some neighborhood residents.

In a few days, the account @newboyleheights has posted several examples of properties in the neighborhood that were successfully “flipped” – a term that usually refers to buying a house that needs repair and fixing it up before reselling it for a profit.

Some Tweets claim a profit return as high as 120% in 16 months.

The account has also Tweeted about some neighborhood attributes, such as the Neighborhood Music School or the upcoming Casa Fina restaurant near Mariachi Plaza.

The Tweets are written from the perspective of a Boyle Heights resident  –”headed over to Artic Hotspot for their amazing fresh squeezed orange juice,” it posted on Monday. 

The account’s first Tweet, posted on Saturday, April 15, included a link to a web post by Pasadena real estate agent Tyler Harman. But Harman told Boyle Heights Beat that he has nothing to do with the New Boyle Heights Beat Twitter account, and that he does not know who runs it.

“Not sure how that got started, but I can assure you that sort of flagrant and offensive writing is not mine,” Harman said in an email.

Some Boyle Heights residents have taken note of the account on their own social media. Resident Erick Huerta called attention to the account on his Facebook page, asking friends to Tweet back their opinions to the account.

Among those reacting to the account is former Congressional candidate and Boyle Heights activist Wendy Carrillo:

Editors note: This post originally stated incorrectly that the New Boyle Heights Beat Twitter account was tied to real estate agent Tyler Harman. This post was updated on June 12 to clarify that Harman has no connection to the Twitter account.

Boyle Heights Beat

Boyle Heights Beat is a bilingual community newspaper produced by its youth "por y para la comunidad". The newspaper and its sister website serve an immigrant neighborhood in East Los Angeles of just under...

Leave a comment

Your email address will not be published.