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Updated over 8 years ago on . Most recent reply

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David Shoultz
  • Delray Beach, FL
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Finding Investors for upcoming TV Show

David Shoultz
  • Delray Beach, FL
Posted

Hey everyone!  I haven't been as active as I would have liked to be in BP but have been busying Flipping homes here in South Florida.  Somehow we got the attention of of a Production Company and my wife and I were just given a contract for a new Flip TV Show on a well known network (can't say much more than that at this point).  

We were asked to buy (ourselves) 10 flips this year and honestly where I'm located, for single family homes, it is just impossible to think I'd be able to buy, remodel and hold until we can sell each property.  That is almost one per month and I just don't have the funds.  

We are looking right now to buy one or two single family homes in our area, we start shooting in Jan 2017.  I'm looking for basically equity partners and not sure how to go about finding them. I have used Hard Money in the past but if the flip takes a few months longer than anticipated, the monthly cost of that loan kills our profits.  

I am a General Contractor, my wife a real estate agent for Douglas Elliman and we have been doing successful flips here in Delray Beach, FL for the past few years.  If anyone can help me figure out a way, or advise as to how I can search for equity partners in my area, I would greatly appreciate it! 

Thanks!  

Most Popular Reply

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Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
2,364
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5,544
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Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
Replied

DON'T let Hollywood dictate how, when or under what conditions you work.  Marching to their drummer will easily lead you over the brink when if left to proceed at your own pace you would have done just fine.

Counter offer to produce TAPES of your next 10 projects with open ended timeframe.

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