Unreal Real Estate Reality Show

by Maureen McCabe on June 6, 2007

Say it is not so! It was staged. It was a con. At least part of Flip This House’s 2006 season was fake.

House Flipper Investigation

Columbus flippers? Very few of the homes I have shown that were bought to be fixed up and then resold in the last few years have been very nice. Too many people seemed to think it was easy and they had to do the bare minimum. We just have not had enough rapid appreciation in Central Ohio for it to be profitable. Many rehabbers seemed to splap on a coat of paint and try to resell houses at inflated pricing.

While I am not saying they were involved in fraud, they may have been inspired by Flip This House’s, Sam Leccima, a real estate investor.

According to the Yahoo story:

Leccima’s episodes of “Flip This House,” A&E’s most popular show, were elaborate hoaxes. His friends and family were presented as potential homebuyers and “sold” signs were slapped in front of unsold houses. They say the home repairs — the lynchpin of the show — were actually quick or temporary patch jobs designed to look good on camera.

Leccima says he never claimed to own the homes. While not acknowledging his televised renovations were staged, he didn’t deny it and suggested that A&E and Departure Films, the production company that makes the show, knew exactly what he was doing.

A&E and others involved say otherwise.

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