Over the years, I have appeared both on-air and in articles for CNBC and their related properties. As a business network, they tend be straightforward and easy to work with on stories.
The first national television interview I appeared on was with CNBC, and I’ll always be appreciative of that!
These are the 10 worst states to flip a house in
CNBC’s “Make It.” division published a story based on bad data from some other websites. The story listed the worst states for flipping houses based on a flawed premise. They listed “profit” as sales price minus cost to purchase – ignoring the fact that nearly all flips require significant sums of money to repair.
I provided some comments to correct the story, but unfortunately it’s still very misleading and they haven’t updated it further.
Big Banks Accused of Short Sale Fraud
I worked with our real estate investor clients around the country to break a story on large banks committing fraud in the short sale process (hurting home sellers) by asking for secret kick-backs to approve the short sale – and it was recorded on tape. CNBC ran the story and multiple state Attorney Generals looked into the practice.