Originally posted by bonbonandco:
I LOVE " The Real Deal".
The era of " House Flipping" is over, peeps.
The housing bubble has burst in most of the country.
Interest rates are up, making flipping unprofitable.
Notice that when Trademark has a deadline now, it is because they have an open house coming up, or they have to have a house done for the elderly man's 85th birthday, or the concession stand finished for the first home game..
It is NEVER about the interest charges or the cost per day for the sake of the loan costs.
Trademark Properties carries so many properties that it would be laughable to convince the intelligent public that they are engaging in any form of true " house flipping".
They refurbish and rehab. housing, yes, when needed, but they definitely are NOT flippers.
Richard Davis finally has the showcase he deserves. He was never a flipper, and never belonged on " FTH".
The breakaway segments where either he or Ginger are featured talking to the camera about an aspect of the week's project is to inform and educate. Richard feels a strong responsibility to show people that they can do anything they put their minds to if they want to badly enough. He is a role model and a mentor to many young people watching the show.
Some of you may not agree with me on that last point, but I know it's true.