All Forum Posts by: Brian Floyd
Brian Floyd has started 2 posts and replied 4 times.
Post: Indianapolis investor title companies
- Investor
- Indianapolis, IN
- Posts 4
- Votes 4
Hello to all my fellow investors in the Indy market. I'm wanting to get into wholesaling and wanted to know who some of the investor friendly title companies that you all currently recommend. I've already called a few just wanted to see if any company stands out above the rest....THANKS!!!
Post: Reality of the Flip Shows?
- Investor
- Indianapolis, IN
- Posts 4
- Votes 4
Originally posted by @Erin A.:
Ditto what everyone else has said. Those shows are great entertainment & good for inspiration but far from reality. My biggest pet peeve is that they never present an accurate financial picture of what the true costs and expenses of doing flips really are. For example, I watched a show (can't remember which) in which the "net profit" the hosts displayed at the end didn't include any sales commission for the selling agent, no closing costs, no holding & interest costs, etc. etc. Booooo!
That's the exact thing ive found myself questioning is the Numbers involved. They're too far off from what I know to be true and left out numbers and some of the time lines flipping a 4000 sqft in $600K house in a week just didn't seem realistic
( I just like watching for the end result and the design ideas )
Post: Reality of the Flip Shows?
- Investor
- Indianapolis, IN
- Posts 4
- Votes 4
Thanks! Just as I Figured! its all entertainment "reality tv"!!!
None the less, ive done my research on the market here in Indy so its time to get to it.
Post: Reality of the Flip Shows?
- Investor
- Indianapolis, IN
- Posts 4
- Votes 4
Hello BP
My Name is Brian FJ, IM NEW TO BP. I'm a real estate investor from Indianapolis, IN. I have been involved in the rental spectrum for a while. Now I'm thinking about rehabbing properties here. Lately I've found myself watching a lot of HGTV and FYI.
watching mostly Fix or Flop, Flipping Vegas, Flipping Boston, & Property Brothers. My questions is this.......HOW REALISTIC are these shows? I've done some research on "Rehabbing" and my market but to my "Seasoned Experienced Rehabbers" what are the pros and cons of these shows? (and Rehabbing in general) Thanks for you Opinion/Input in Advance