BiggerPockets

I watched it and I have a biased opinion as I'm in their market and know these guys. What did everyone think? Better, worse, or the same as every other flip this house show?

I caught the last 10 minutes or so...it seemed interesting. Did I hear it right that they are working on 15 properties at once? That's a big operation.

I watch these shows on the regular(Flipping Vegas is my favorite). I've never done a rehab but doing 15 at the same time does seem a bit much as Curt stated. However I've taken a TON of notes on all of these shows and soon will be ready to do my first rehab because of shows like this.

I happened to catch most of it. Seemed like their methods are a bit of a crap shoot. I could certainly see them taking a loss on some of these.

As for the 15 houses, That probaly is broken down like 5 houses completed and listed. 5 houses in rehab, and 5 houses purchased in escrow waiting to close.

They are over the top dramatic. One of the worse house they've stepped foot in? It wasn't that bad at all. I've walked many worse.

Also, a week to paint the brick on the outside of that house? The lower level only was brick. That brick could of been done in under two days.

This show is based on these guys investor strategy of buying at courthouse steps (trustee sales).

The drama was par for the course - over done as all the other shows are. Apparently, nobody in this country is interested in watching something without serious drama, sincere or otherwise.

First off, they claimed they bought the hyome sight unseen for just under $64k at the trustee sale. Fine, I can buy that, however, there explanation that it was a crap shoot is totally inaccurate unless these guys are the biggest fools in the biz. If that house pooped up last minute for the trustee sale, they should have at minimum run title immediately to make sure they were buying a first trust deed and not a second. Paying $64k for a second would have been a deal killer and they would have likely lost all that money. So for them to make the drama and say they bought it sight unseen is fine, but to not check title prior (it only takes a few minutes) would be investor suicide.

As with all the flip shows, much of the details are left out. I would also have to side with Andy in that I doubt these guys do any of the drive-by inspections, the actual labor on the home (carrting lumber down the street then taking a cell phone call - come on, get real).
These guys are really the money guys behind the sean, you will likely not see them at the trustee sale, but in their office instructing their bidder while their other team members are driving properties, checking conditions and occupancy status, while others are checking title, previous permits, previous sales histories, etc.

I caught the last few minutes while I was flipping channels. After my initial surprise that it was on Spike, and not HGTV or A&E, it felt like all the other flip shows. Made-for-tv drama, not much real info.

The one show I do like is Holmes. Not a flipper, just a contractor. Sometimes I want to throw things at the tv as it seems he thinks money is no object, but overall I like his shows.

There are times when I like "This old House", but usually I find it boring. More informative than the flipping shows though.

And yeah, I caught that last part where the value jumped $50K. Makes me think they really don't know what they're doing, or they took advantage of some newbie buyer.

Hey Will, I am guessing it really was a crap shoot. :mrgreen:

Sorry I couldn't resist, the 10 year old boy in me came out.

I have not seen the show, but I would bet that the people on there are actors. I know some "reality" shows are done with actors; Operation Repo comes to mind. They may be based on real stories, but are highly embellished and done with actors who make things over-the-top dramatic.

Had to add my two cents. I like all these shows to see what they started with, what they did, and how it looks in the end. Can't really believe timing and dollars and drama is definitely added/edited in. I also have to comment on the reality shows are fake post. This show may not be seen nationally but Desperate Landscape is produced in my area, they featured my daughters yard. We worked side by side w the crews from the landscaper and stone workers. The host Jason also worked is a$$ off in the 90 deg heat. I can vouch that at least one of them is real.