Seems they all morphed into how much money you could make under a one week “deadline” as long as your wife or girlfriend wore short skirts and high heels and you beat the subs down.
Now i imagine theres not a whole lot of Flipping going on and in fact many must be left holding the bag.
Wonder if there will be a show how many went broke?????.
Just Askin is all!!!;]
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Replies
you know, I've been wondering the same thing. why not a show on the losing end, how it ruined people, how building depts nailed them, etc.
i guess it would be pretty hard to find advertisers for these shows. Lowes? they could start saying "when youv'e lost everything, your marriage your bank acount and creditors are calling, Were still here to help"
They had that show on CNBC, it was called "House of Cards".
The relief is only temporary. Folks will be (are) buying foreclosures for pennies on the dollar and flipping or renting them. Whether or not there will be TV shows, who knows, but there will be a lot of property changing hands
I have a friend who is doing that exact thing, buying houses really cheap, fixing them up and selling them. He has made a lot of money with "grow" houses and is now starting on the Chinese drywall houses.
Buy it for 15, put 20-30 in it and sell for 60-70 in a month or two.
Can you really demo drywall, trim, plumbing, and wiring, protect all the floors, redo plumbing, wiring, drywall, trim, and paint... all for 20-30K?
Can you really demo drywall, trim, plumbing, and wiring, protect all the floors, redo plumbing, wiring, drywall, trim, and paint... all for 20-30K?
I guess it depends on how much plumbing, wiring, drywall, trim, and paint... For one of those 6,000-SF 'starter mansions', no. But for a reasonably sized starter home--an 800-1200SF bungalow, maybe yes.
15 years ago, I could have built you a very nice 1800SF bungalow (2 storeys/3BR+2 baths over a partly finished basement) for about $85k. Cut out the wood trim and siding and ceramics and go max cheap on doors, windows and everything else and you knock a third off.
Today, the same thing would cost two to three times that much.
Dinosaur
How now, Mighty Sauron, that thou art not broughtlow by this? For thine evil pales before that whichfoolish men call Justice....
Plumbing is plastic here and the only wiring that is damaged is what was exposed (maybe not even all of that). The plan is new devices and stripping back the wire a 1/2" or so. They will assess that when they get to it.
It is a buyers market these days hiring trades.
They could have a show with a guy's wife who ISN'T presentable in shorts or high heels and how his flipping houses business failed and call it "This Old Spouse" :)
All the "flips" are now "flops", so they don't make for good TV anymore.
there is one show I like the catch ...
called something like Renovation Realities ... something like that.
it shows diy'ers and everything they run up against.
great entertainment to me!
Jeff
Buck Construction
Artistry In Carpentry
Pittsburgh Pa
I think it;'s like the show i saw a while back about what happened to the multimillionaires that won a state lottery. Some have some of it left with lots of possessions. Most Pisse d it away. I'd say there are lots of these foilks that will or have walked away from their "instant rich fortune"
ML
Cable channels are notorious for copying any 'theme of the season' shows. For a while you could flip between 'flip this house' and 'flip that house' on two channels at the same time. ;o)
To be a bit fair to the shows, It seemed that just as many ended happy as did 'on the market for 6 months...still no buyer'.
While the economy probably has SOME part in the reduction of the flipping shows, I think it's just that that theme is now stale. Everyone is now making lumberjack documentaries or shows about families with WAY too many kids.