Tell Me About Your Favorite Real Estate TV Show

member1505482
I have viewed a portion of the two shows you speek about and IT is a bit too much. But do not worry your secret is safe somewhere on another planet many light years away.Oh, and the spots of you on the set are great .

It amazes me to watch people sink their all into a subject in which they've no r&d time. I think I tune into these shows to feel intelligent and saavy; which is admittedly pathetic on my part. I have built and sold a couple of homes but didn't flip by definition. I built, lived there and sold abnormally quickly if the market seemed right. It has supplemented my median income just enough to do it again, it is addictive! I am certainly not a real estate investing guru but I wonder how many from the viewing audience grasp any key points? Or, do they just keep track of all the blunders and try not to repeat them when they jump on the band wagon? I hope the audiences' don't consider their tune in time to these flip episodes as r&d time. Is residential real estate competative? Should I hope for many to be unsuccessful? I personally think not. For every unsuccessful flipper there is a residential home in foreclosure or short saled or just grossly priced undermarket bringing the CMA's down. I wish all great success, let's do our part to bring the dollar back up!

I 've thought about this also, I think they leave out the capital gains tax.

I haven't seen Flipping Out yet, but I've just recently started watching Flip This House.

It's something I've always been interested in doing, so I think it's nice to see a flip in action.

What I don't like is that you don't see ALL the work involved (from very start ot very finish) and you don't know where most of the money is spent (although I have an idea). I also don't like that you don't find out how much the house ACTUALLY sold for and how long it took to sell.

Other than that, I'm pretty new at this, so I see it more as part of my education!!

We think some real-estate tv shows are great, and some not so great. In fact, some are just lazy in due-diligence, but makes the show more interesting and comical.

They tape shows...which means it is not at current market. The market has changed and people are mis-informed about how to structure flips in a tough market. Some shows are in-tuned to the facts, but some real-estate fliping shows are lacking any business sense at all.

Business in real-estate structures are more interesting flips to us.

I have watched several flip shows, mostly on HGTV and TLC. I do enjoy watching them once and a while. Now that I'm in real estate I don't care for them as much...they bother me more than anything.

I know that they are great from a production point of view, but the bottom line is that the media constructs reality. Having a little experience with flips I know know first hand that it's nothing like the TV shows. It bothers me to watch someone do a horrible job on television. They go in with no plan or idea of what they need to do, the go over budget and don't meet their deadlines. Then they wine about only making $150,000 in two months.

I guess at this point I'm only venting. I will admit that I really do enjoy "The Real Estate Pros". It features Trademark Properties and they do a great job of the show. If you want to learn more, just google it.

Thanks Mr.Trump.

My wife and I enjoy watching the different shows like those, and I also believe that some of it is hype. Yes, they also leave out things like commissions, etc, but I believe that they try to keep a lot of the numbers simple for those who aren't involved in real estate. I personally enjoy watching "Flipping Out" - that guy is nuts some times! Whether or not they're real, I always watch with an open mind and learn new things that I can apply to my own properties.

I personally like Real Estate Pros. and Flip This House, San Antonio
Armando Montelongo is aggressive. What I don't like about the shows is it doesn't show how long it takes to find a deal, make a plan and put it together, where the money comes from, and how and if they even sold it. Both shows however did show how they turn around and rent it for cash flow. They also don't specify what happens to the hard money loans.

I love all the real estate and home design shows. My two favorites are Holmes on Homes and Kendra Todd's My House is Worth What. Neither is about flipping but both teach you more about flipping than the other shows. Holmes on Homes teaches you about the importance of having good relationships with your business partners. It shows why you need a good contractor, electrician, and plumber on your side working together with you. Ot shows in graphic detail the things that can go wrong when you open up a home and look inside. It emulates good quality workmanship- the kind that you want on your property. It teaches you what to look out for. Kendra's show is really great in that you get a variety of vinettes that show you just about everything that someone can do to a home that might affect it's value- and whether it paid or not. It also shows you the value of getting an outside opinion on the value that your work will add to your property- before you make the investment. It is also important that she travels across the country and shows homes in a variety of income levels- it shows a little about a variety of markets and what to look out for when it comes to increasing the value of your property. Think that more shows that target different aspects of a flip can be a lot more valuable than one show that illustrates only one perspective.

I do not watch much T.V. however I am working currently on flipping homes and checked out a few shows by flipping channels one day and noticed some. I really liked 2 however I also agree they leave out some costs and we really do not see the final sale. I did watch one (I do not know the name of) that i loved and have only caught 3 episodes because I stay too busy to watch T.V. however this one they did show on a couple of episodes a sale at the end. One episode they still had not sold it at the end. I like that show but can not tell you the name of it. It's the one with the Real Estate owner and the girl in the mercedes who goes to look and evaluate the homes then Kevin the construction guy is hyper and jumps in. I LOVE THIS ONE!!!!!!! Hope that helps.

P.S. As a Realtor and Investor I can honestly tell you it IS a lot of work to flip and ya better know what your'e doing!!! Best advice if you are not a Realtor FIND ONE! or ya better study and take a lot of courses and have access to local MLS daily otherwise you may be beat by the investors who have them lined up!! Now if you are buying of the court house steps that is different and I am not into that area yet. I am able to make money the way I know how and it is working. You can offer a partnership for investing if he/she is a good Realtor and knows what they are doing both of you can form a win/win partnership. This is what I do with my investor and trust me he gets the BEST homes for the BEST Price and I DO ALL THE WORK!!! We make money this way and you can too!

If you have any further interest in my position and comments just let me know. Best wishes to all and BE EDUCATED ON YOUR MARKET and YOU CAN MAKE A LOT OF CASH!

Hey there... this was originally posted a good while back., nonetheless, my favorite is any edition of Richard Davis & the Gang @ Trademark Realty, South Carolina. It's been fun to watch them grow exponentially really, from the very first episode to where they are now. Plus I like Ginger's shoe evolution.

Seriously, from her investmentt strategies on the courthouse steps with foreclosures, which she's pretty savvy at, to just hanging with Richard in his truck, in meetings, I've learned a lot.

They also fail to reveal their actual net profit AFTER taking into consideration the real estate agent's commissions. They are misleading the public in almost every episode of "Flip This House" when they show the bottom line profit. That, coupled with the short-term capital gains income tax liability, reduces the profit to nearly zero in most of the cases. It is much more profitable to buy and hold for at least 2 years. Flipping homes artificially drives up the prices of homes in a neighborhood for no just cause... the schools aren't getting better, crime isn't going down, traffic congestion isn't improving. Where in the world did "intrinsic value" go?