This show is interesting, however a much better show would be the follow up on the selling aspect of all theses homes. Not all of these stories end up with flippers making thousands. Sometimes the home doesn’t sell and you don’t find out what really happened to the owner.
One of these shows followed up with a flip that was supposed to close 18 months ago. The seller wanted some insane price close to a million and the real estate agent came in said the house was only worth insane price – $50K. They close the show with the flipper listing for insane price – $50K.
18 months later? The flipper has decided that the house is “so beautiful” that she has made it her permanent home. Yeah, right.
At least one of these flipper shows appears to be an out-and-out fraud:
