The reality of the real estate business is not real in reality TV. Reality Tv has to create a story, some may call it a show. If you are watching these shows, watch them for their show value do not watch them for educational value. If you want educational value find mentors in the real estate industry that actually does the nit and grit of the real estate business.
After 16 years as a firefighter and paramedic, Dave Seymour launched his career, rapidly becoming one of the Nation’s top real estate investors. Within his first few years, Dave had transacted millions of dollars of real estate and had become one of the Nation’s leading experts in both residential and commercial transactions.
His unabridged passion for business and real estate put him on the radar of the A&E Television network as well as multiple television organizations like CBS, ABC, CNBC, Fox News, and CNN. New York Times reported that Dave Seymour’s series “Flipping Boston” posted the highest ratings ever for the A &E Network at the time of airing.
Dave has been sought after as a “tell like it is” mentor and motivator in the real estate world with a track record of unmatched success everywhere he reaches. Dave is well-known for doing business alongside investors on their very first real estate deal as well as guiding some of the largest investment firms in the nation through complex transactions.
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Real Estate Investing With Jay Conner, The Private Money Authority
Jay Conner:
Everybody’s dying to hear the short story summary of your television stardom of the A&E show “Flipping Boston.” So take a moment and tell us about that. Well, before you tell us about reality TV, I tell people whenever they ask me, “Jay, tell me about all these flipping shows.” And I’ll say, “The only thing real about reality TV is none of it’s real, except Dave Seymour’s Flipping Boston because he actually did have to do all that.” But anyway, take a moment and tell me and the audience about that reality TV experience.
Dave Seymour:
Look, it’s a blessing and a curse, depending on how you want to look at it. The blessing was the national exposure. I don’t know about anybody else. I didn’t get rich off of a TV show. I think it was $15,000 an episode at the end of our career there. Here’s what the benefits are. The exposure. It put me on the Today Show multiple times. It put me on the Rachel Ray show multiple times. It allowed me to be recognized as a national expert and a pundit on CNBC, CBS, and other networks. So that was the caveat to it. The nitty-gritty of a real estate transaction being filmed for a TV show. If it’s a half an hour TV show like these fix and flippers, these shows on HGTV, you know what I mean?
Dave Seymour:
If it’s a half-hour show, look, man. Paint and carpet. You’re not making 40, 50, 60, 70, 80, 90, a hundred thousand dollars on paint and carpet, okay? So stop it. Be serious. They’re creating a TV show. You know, with us up here in New England, my inventory’s some old, old ladies, man. I mean, 1890, you know, 1880. The oldest lady I ever loved was 1892, I think she was born. And she was an old school in Newburyport that we turned into a couple of high-end condominiums. But we really did rip the houses apart and put them back together again. And the thing is, I will always give kudos to my ex-partner, Pete. He ran the numbers as if there was nothing special about the exposure or anything else. Like the numbers were real. The real numbers in, the real numbers out. The profit, whether it was a skinny margin or a better margin, he stayed true to the numbers.
Dave Seymour:
Look, can you flip a house in 3 weeks and make 40, 50 grand? Maybe. You can flip a contract and make 40 grand. And you can do that in 24 hours if you know what I know, right? So, reality TV had to create a story, had to create a show. And I allowed a goofball like me to have some fun. I’d break the fourth wall all the time. The fourth wall is the camera. I got to break it all the time, just not talking to the camera. They’re like, “You can’t do that.” And I’d say, “Keep it in there. It’s good.” So yeah, if you’re watching those shows, watch them for the show value, do not watch them for educational value because if you’re watching for educational value, you’re going to get your butt handed to you. We’ll watch them for show value and I’ll enjoy the pretty ladies. Enjoy the drama. “Oh my God, the pipes burst! Let’s go to commercial”. You can play all of that as silly games if you’re hunting. It’s a show, come on now.
Jay Conner:
I love it. Thanks for telling it like it is, Dave. After all, you are known as the “tell it like it is Guy.”
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