BiggerPockets

I have sent numerous e-mails about this. I wanted to sit down with Richard and discuss several great opportunities, but I am not sure they have all their plans put together just yet.

I have watched his show several times and its funny how they never account for holding cost and the team salaries at the end of the show. The last one I saw he made 70K on the flip, but that didn't account for CC, holding cost and the salary for the 4 people who worked on the project and there were several really stupid mistakes made by his people. I can't see how the dude makes any money other then with his show.

I will be in at the roll out event on the 27th of July...flying in from Colorado. In case you didn't know, Trademark Properties is the most successful real estate firm in South Carolina now and Richard is worth millions. So, yes, they do know what they are doing.

The show dumbs down the profit for people who watch it for entertainment. Do you really think that the American public understand holdings costs, private money interest payments (which they use to purchase properties), real estate commissions, etc. Most don't. It is not a financial show, it is for entertainment value. They are showing GROSS profit...not NET. All of us here understand there is more involved, but the American viewing public doesn't care or want to know. They show has great ratings and that is what is supposed to do. Richard is a smart business man...expanding his company in all directions.

I am very excited about hearing his partnership/franchise programs.

TC- I didn't mean to come off as a jerk. :)I was just contributing a few facts about the company for all to read. :) You are right, shows like that don't show the whole picture, and people who do no research into how to properly invest in real estate wind up in a mess.

But also for novices who might be reading this post, Trademark does volume...which is how they make their money. A Q&A with Ginger that I read, said they have as many as 30 rehabs going on at the same time, not to mention they do property managment, commercial, full service residental brokerage (so they list and sell houses that aren't theirs as well) investments (the flipping and condo conversions) and they also sell new homes/condos for developers. They have really diverisfied their company.

That being said, I think his national roll out is going to be huge, and the free press that will be associated with it whenever a new franchise opens is going to enormous. They have brand power already nationwide. I am really excited to hear him speak about his national rollout. If anyone wants, I can post the email he sent out about partnerships.

Does he really do 30 rehabs at a time? I didn't think Charleston was that big.

I looked at their website an there are only about 6 or 7 guys listed for the investor area. Looks like Trade Mark is just a company like Remax Realty. I'll guess we'll know more on the 27th.

Has anyone heard the details of their July 27th event? There was a lot of hype but there doesn't seem to be any information about what took place.

8)

If you go to The Learning Channel website you can find people commenting about the meeting. Most feedback was negative. People said the meeting was disorganized and Richard's speech was disorganized as well and there was no real information shared. The release of Richard's book was also delayed. The overall impression seems to be that people spent a lot of money to go to the event and left feeling ripped off.

8)

I guess I am glad I didn't go then. My wife and I were contemplating going, but decided against it because of out little one. There was an episode about this " roll out" and it seemed that even that was very ambiguous and disorganized. Love the show, but not sure what they have to offer from " franchise" point of view.

This is a nice company. The owner is from James Island, SC. They have offices all over down here. There latest one they just opened is in downtown Charleston, SC.

Does their TV show still come on ? So do you think they will make it nationwide ?