4 ms·
Most of the time, the HGTV spends are horrible investments even if the touted "new value" is correct. The margin after increase in closing costs--agent fees, t
by sk5t 6y ago
Most of the time, the HGTV spends are horrible investments even if the touted "new value" is correct. The margin after increase in closing costs--agent fees, title transfer tax, to say nothing of opportunity cost of the cash outlay--is often zero or negative.
- FireBeyond 6y agoYup. I think it's Flip or Flop, where you start to realize that many of their flips only really break even or are marginally profitable. They'll tout "We made $30K for 6 weeks work". But $15K of it has to go to our investor who fronts the cash (he would occasionally show up on episodes), and there's two of them... And then you remember that most of their income comes from the show itself. I remember drama around 16 And Pregnant, and glamorizing teenage pregnancy. Says MTV, "Oh no, we only cover costs, we don't pay them for this". Fell apart when one of the girls, living in her trailer, working minimum wage at McDonalds, started appearing on the show in a brand new Saleen Mustang.