However, it has structural problems. When the show started in 2013, Tarek took to Talk Irvine to answer fans' questions. Getty Images Christina Haack and Tarek El Moussa. They make out with a $110,900 profit after investing $527,100 and selling the property for $660,000. It seems like an impossible feat for some divorcees, but this pair makes it work to the tune of a $154,000 profit. Here are the false things you should stop believing about Flip or Flop. Its just too good to pass up! They pull away with a big flippin profit of $211,200 after investing $918,800, closing costs of $30,000, and selling the house for $1,160,000. Fast-forward to today, Tarek and Christina have found themselves in the media more than usual and not for a particularly positive reason. That backyard #fliporflop, WATCH FLIP OR FLOP ON HGTV ON THURSDAYS AT 9 PM ET, ANDGET FREAKY WITH US ONINSTAGRAMANDFACEBOOK, Screenshot: House with Amazing View Worth $2 MILLION After Remodel | Flip or Flop | HGTV YouTube. Your login session has expired. When El Moussa and Haack first see the townhouse, they know the exterior will need some work. Its in poor condition and occupied by tenants so Christina and Tarek arent able to look inside the home. Each door cost $1000 a foot, while the entire patio was estimated to cost around $20,000. Like all of their flips, there are some hiccups here and there. HGTV's Flip or Flophas been such a huge success. Privacy Policy. Fans also compared the Selling Sunset star with Tareks first wife Christina. Tarek and Christina make $10,000 per episode. Christina and Tarek are thinking that they could sell the lot separate from the house itself and make some extra moola. When you watch an episode of Flip or Flop, it can be pretty intense. Some fans also mentioned that the new show is similar to Flip or Flop: The first episode, titled Our First Flip, aired on Thursday. In fact, El Moussa kind of owes the show his life. This color scheme also proves that a high-end, modern look doesnt always cost a fortune. However, foundation issues meant the HGTV hosts had a lot more in store than they initially hoped. I agree with TheWrap's Terms of Service and Privacy Policy and provide my consent to receive marketing communications from them. The auctions are real! After investing $437,000 and closing costs of $22,000, the pair made a $90,900 profit. These two spent. The house itself was small and rundown, but the land was spacious and offered lots of potential for the realtors-turned-flippers. These three stories will feature: a successful flip, a financial flop and a follow-up that ends with Tarek and Christina revisiting one of their house flips, to meet the new homeowners and present them with a housewarming gift. NEXT: A flipper unloads an unprofitable project to Christina and Tarek. If you think a show on HGTV isn't capable of stunning ratings, think again. The home in Whittier that Tarek and Christina get a lead on is one that would scare away a lot of flippers. However, it's first important to note that even at the start of the show in 2013, the celebs still had their own money that they were putting into the properties shown on the series. And, with the exception of the bad business deal, it was all good just 18 months ago. An out-of-state seller contacts Christina and Tarek about a property in Costa Mesa. They were transparent about the divorce on the show. With more glass, this view packs an even greater punch. However, he comes around when he sees one with touches of gold, which perfectly matches the wood flooring. Beachside Beauty Season 6 El Moussa likes the look. The El Moussas ended up putting a whopping $105,000 into the project, blowing way past their budget when issues arose. These are folks that are going to take some risks. I think this is my favorite kitchen weve ever done, she says. Flips like this arent always easy. Due to the high price of the house, El Moussa says, with closing costs and commission, the break-even price is $1,992,500. "We've worked hard to keep our business strong." Viewers were extremely eager to find out if the home ever sold, with some labelling the reno as their favorite ever. The major difference between The Flipping El Moussas and his past shows, especially with Christina's Flip or Flop, is Heather Rae El Moussa. However, Heather Raes presence didnt impress Tareks fans and they slammed her and her voice on Twitter. HGTV's Flip or Flop has loads of fans, but one in particular changed host Tarek El Moussa's life entirely. NEXT: The large lot in the back of the property has potential for BIG money. Things could turn out pretty good, though. So much money that some viewers might think all the profits they see on the show are exaggerated. "Flip or Flop" hosts Tarek El Moussa and Christina Haack announced they are ending the show after 10 seasons and now the reason seems clear. Any good flipper knows that all this isnt a guarantee for profitability, though. Substitute Flip Season 5 Exclusive . Enter your address and answer a few questions to get started. False Things About Flip Or Flop You Can Stop Believing. That doesnt stop them from kicking out the tenants so they can flip for a $90K+ profit! (Its name translates to beautiful Yorba in Spanish. They pay a shocking $1.4 million, which leads them to believe that their upgrades should be nothing but the best. It's based on the British series "Unsellable". Its a risk, but a calculated one that ends up paying off for the Flip or Flop crew. Problems with the home start immediately. Each episode is its own contained drama, so there's no need to run them chronologically. Tarek partnered with Robert Drenk for this flip (Robert's first), and split the $85,500 profit 50/50 with him. You could be the next HGTV star! However, once the brick is up, Haack realizes it isnt quite the color she expected. On top of a stressful project, Christina is getting closer and closer to her due date. Someone start a GoFundMe for Tarek and Christina El Moussa, stat. NEXT: The big backyard in this home gives the potential for something extra. Surrounded by ocean views, the property certainly came with its unexpected problems. NEXT: This homes structural issues proved challenging to Tarek and Christina. Our flippin heroes make out OK with $95,000 in profits. The couple had earlier appeared on Netflixs Selling Sunset, where Tarek made several cameo appearances. Fans were thrilled for Tarek to return to the network with a new real estate show. You can often catch day-long marathons on weekends. NEXT: No more Orange County foreclosures to sweep up. @christinahaack has impeccable designs #CoronaDelMar #FlipOrFlop. Structural problems can be pretty complicated when it comes to flipping homes. That way it pops.. And it's no surprise considering that anyone who is a fan of reality TVknows the network has produced many successful home renovation shows. NEXT: Getting permits is made difficult because of this homes strange rooms. Holy. Yes, please! Tarek and Christina El Moussa lost money only one time over seven seasons of shooting the HGTV fan-favorite. There was an unusual auction and then a lot of issues it was dirty, dated, and undesired. Remember that time Flip or Flop actually flopped? This us on top of the $1,000 they spent to install a glass wall, after contractors originally put in a wall which blocked any future residents from seeing the incredible ocean view. When they come back after buying the home, they find out someone had a party and left the place a mess. NEXT: At the time, this was the most theyd paid for construction. The bio for the episode on HGTV reads that the pair is left wondering if they can talk the seller down to a lower asking price.. On New Normal in Arcadia, Christina and Tarek enter Arcadia, a neighborhood thats unfamiliar to them. For example, it's pretty common knowledge that Keeping Up With the Kardashians has a lot of staged, not-so-real moments, as noted byThe Cut. The show first aired in April 2013 and has taken off to be one of HGTV's most popular shows. Samantha Grindell. At first, El Moussa complains that the slabs will be too pricey. NEXT: Tarek and Christina head into this upscale, gated community. However, they don't use the show money to make purchases. Its an older, family home thats large and in good condition. Flip or Flop: The Final Flip. Split-Level Falls Season 6 However, that doesn't mean that the two are only in it for the money. and has had some significant renovations done. Note: The initial profit was $34,000. However, not all properties are created equal, and many require quite a bit more work than others. So, whileEl Moussa and Anstead may be successful and well-off now, they weren't always so lucky. For the bathroom, Haack shows El Moussa an off-white, textured tile that she proposes to put around the new bathtub. With the continued success of the show, Tarek and Christina have also tacked on a spinoff, Flip or Flop: Selling Summer. However, after spending $1.05 million to buy the house and $333,200 to renovate it, they have a break-even price of $1,505,200. The combination of black and white oak beautifully warms up a modern kitchen. Battres laughs, saying, Just the appliances are going to be, like, 15 grand!. They replace the brick with gray tile, put in sliding doors, and add a $4,750 custom fire pit. However, flipping homes isn't just about the money for either El Moussa or Anstead. They also add a glass wall in the bathroom, where you can see the ocean! "The Big Bang Theory": Johnny Galecki and Kaley Cuoco, dated while also playing a couple on the series. After renovating, Christina and Tarek sell the home for $1,149,000 after investing $926,400 and closing costs of $55,000. The house has nothing no bathrooms, no kitchen, no nothing. Still, El Moussa and Haack dont like the look of it. Christina and Tarek take a peek at an off-market listing in Santa Ana. But they were left disappointed after watching the first episode as they were not impressed with the presence of Selling Sunset star, Heather. Oh right, and that whole children thing. Its weird because the stupid railing, like, bows out, El Moussa says when first touring the house. Tarek knows what hes doing, doesnt need her 2 cents. Were getting down to the BIG moneymakers now, baby! Although Tarek doesnt originally agree with Christinas kitchen amendments, he suddenly changes his mind when she gets the new slab backsplash started. This much-loved house selling program first graced our screens nearly five years ago. Yup, it's true. Tarek made an audition tape with the help of a friend and sent it in on a whim. Tarek and Christina make $130,550 after a $1,400,000 sale and a $1,098,900 investment. The flip to flop team does huge transformation with the kitchen, exterior and master bedroom. "The Vampire Diaries": Nina Dobrev and Ian Somerhalder were involved with each other in a relationship that must have sucked just a little bit, as the two eventually parted ways. Oh, and dont forget about the foundation issues. Hoping to get a big deal by the end of the renovation, one add-on included making a balcony space so residents can take in the beach views. So even though it might seem a bit dramatic, all those auctions where El Moussa and Anstead buy properties sight unseen are totally real! While some might assume that working with an ex-spouse would prove too difficult, El Moussa and Anstead have shown that they can make it work. Clearly, the two are incredibly successful at what they do. Inside, El Moussa wants to add an all-new, top-of-the-line kitchen but grossly underestimates the cost. Episodes of American reality television series Flip or Flop, "Flip or Flop Host Tarek El Moussa Battling Thyroid Cancer", "16712 Francisquito Ave, la Puente, CA 91744", "5300 Via San Jacinto, Riverside, CA 92506", "2880 Via de la Guerra, Palos Verdes Estates, CA 90274", "11763 Forest Grove St, el Monte, CA 91732", "19 Cormorant Cir, Newport Beach, CA 92660 - 3 beds/2.5 baths", https://en.wikipedia.org/w/index.php?title=List_of_Flip_or_Flop_episodes&oldid=1082800118, Lists of American non-fiction television series episodes, Short description is different from Wikidata, Articles with unsourced statements from February 2018, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 15 April 2022, at 05:26.
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