This episode is pretty cool because the new season will feature five all-stars who get their own episodes. This deal is pretty cool because it shows how creative you can be in real estate investing. We’ve involved three of our clients so far. One was a beginning investor, one is a private money funder, and one is a spec builder.
As kind of an inside joke, we’re trying to see who else can make money on this one.
I watch all these shows and while they’re entertaining, they spend too much time on the improvements with before and after photos of the properties rather than focus on the critical aspects of investing: locating properties at big discounts and arranging financing.
Just once I’d like to see the process of finding the home to invest in, as opposed to showing us the new kitchen and bathrooms.
I used to watch them shows. I spent a weekend in Connecticut last year with Than Merrill and his crew and it was pretty neat to see such a vast # of projects going on. I ran into the Montelongo crew from Texas last weekend at the Trump Wealth expo here in Fort Lauderdale and they… well never mind.I like the motivation the shows portay but I dislike the perception they portray of "Hey look what you can accomplish in 1/2 hour."Though it wasnt asked for I gave my 2 cents.Good luck on the project though.
The cool thing is that the actual film crews are local. They really like our professionalism and that we’re actually investors. They’re going to be out on the 12th for the house move. They think it’s the most dramatic part, so are excited.
I’d like to see who the other all-stars are. Maybe they picked people who are real investors with real issues. We’re thinking this one will sell pretty quickly once we’re done, but those are some famous last words.
I agree. There have been some flippers on the show that have done pretty well, but most should take a math course. I just watched an episode where they caught up with a flipper one year later to see how the sale of his flip went - he held the house for 5 months instead of the one month he anticipated and ended up making a whopping $7K after spending $50K on the rehab. :banghead