NEXT: This home has a dated interior plan and many other problems. That doesnt stop them from kicking out the tenants so they can flip for a $90K+ profit! Holy. If they found a buyer for that price, they had the opportunity to make a profit of $493,800. A large, expensive flip can mean equally large profits, but it also takes time and even the littlest mistake is magnified, reads the episode recap on HGTV.com. Its just too good to pass up! Shortly after, El Moussa went to the doctor and discovered he had stage-three thyroid cancer. The then-couple purchased that particular property for $272,000. The city of Torrance in California was an exploding market at least when this episode of Flip or Flop was being filmed. So when they spent over $1million on the home, viewers were left on edge about whether the place would ever sell. Over the years we have been able to watch the two stars of the show, Tarek and Christina El Moussa, as they flip houses for a living. Samantha Grindell. While the relationship didn't last, they still manage to work well together on the CBS sitcom, complete with the occasional S&M-themed photo session. Even if it might cost them! Note: The initial profit was $34,000. Since Flip or Flop's premiere, its stars Tarek El Moussa and Christina Anstead have also become celebrities in the world of home design, real estate, and reality TV. This tile isnt cheapat $14 a square foot, its certainly an extravagance. That didnt end up being the case. I mean, they get very sassy with each other and are constantly freaking out about their buys with a resounding, "WHAT?!" Have something to tell us about this article? NEXT: The big backyard in this home gives the potential for something extra. Tareks friend Pete DeBest calls him up with an offer he cant refuse. And while the show makes it seem like they narrowly escape flopping a flip, I don't recall ever seeing them lose they either profit or break even. Flip location: Anaheim Hills, California. The episodeoriginally aired on June 9, 2015. After receiving a call from an agent with this Hawthorne listing, Tarek and Christina find out where all the racket is coming from. Loud, Louder, Loudest Season 2 After paying this and $13,700 in carrying costs, they lost $9,700. The more you know ) The asking price was just below $1 million, making it their priciest flip. They end up buying the white. (Just a hop, skip, and jump away from Disneyland!) "Keeping Up With the Kardashians": Kourtney Kardashian and Scott Disick's relationship has been on and off again pretty much throughout the series, but if anyone knows about keeping the money train chugging along, it's this krew. They worked out that they'd need to spend $100,000 on renovating the house and the guest house was priced up at $50,000. Zillow estimates that the property is worth $2.3million today, at the same time its episode hit HGTV. We did not know how to pay our bills. However, there is the potential that a private deal could have been made. Theres a lot going on in this episode. Home buyers typically want to find a property in a quiet part of town. So, the flippers dole out another $1,000 to put in a glass wall. Even when the pair went through their divorce and when they took on a property that was a lot more work than they initially thought it would be, El Moussa and Anstead tend to come out on top. This color scheme also proves that a high-end, modern look doesnt always cost a fortune. Speaking about the difference between his shows in an interview with E! In January 2017, El Moussa filed for divorce from Anstead, as reported byPeople. Its weird because the stupid railing, like, bows out, El Moussa says when first touring the house. Due to the high price of the house, El Moussa says, with closing costs and commission, the break-even price is $1,992,500. They replace the red roof with a modern black one, and sure enough, it looks much better. Note: The initial profit was $34,000. Breaking Up Season 4 Which part of the transformation is your favorite? While Americans seem to have a huge infatuation with reality television, that doesn't mean they aren't aware that large parts of most reality shows are staged. Or does it? Challenges this episode are the houses strange layout and permits. If you think a show on HGTV isn't capable of stunning ratings, think again. Discovery, Inc. or its subsidiaries and affiliates. The high-contrast exterior sets the stage for the modern interior, and it helps set the house apart from other homes on the block. "Flip or Flop" ended after 10 seasons in March. Fast-forward to today, Tarek and Christina have found themselves in the media more than usual and not for a particularly positive reason. On the contrary, in an interview with The Orange Country Register, Anstead explained that she believed they landed the gig because they had pulled themselves up from nothing. Weve got all the juicy details. Compared to other homes in the area, its priced aggressively. It seems like itll be a simple and fast flip too good to be true! Of Wreck and Ruin Season 4 Tarek and Christina buy this home from its owner. However, flipping homes isn't just about the money for either El Moussa or Anstead. When a fan asked if the auctions that are seen on the show are actually real, El Moussa answered, "Real estate auctions where we buy are real," adding, "I must have cashiers checks to buy cash (I lost a 20k check once that was a nightmare)!!" Buying it for what they did is considered a DEAL, kids. "My passion for real estate has led me to flip hundreds of homes over the years and I've been incredibly lucky as an entrepreneur to build a successful empire in this industry," he said. When you watch an episode of Flip or Flop, it can be pretty intense. Flip or Flop via HGTV.com; Edited by Finance 101 Wood is rotting and falling apart, floors and walls are replaced, the kitchen and multiple amenities are upgraded, and a lot more. What Im talking about is this entire patio, gone, rebuilt, El Moussa says. Unfortunately, by the end of the episode, no buyer has come forward, suggesting that this beachside retreat may be the first big flop of the season. However, Tarek and Christina see potential for an add-on in its big backyard. But even though Tarek El Moussa and Christina Anstead might not have built an empire quite like Chip and Joanna Gaines (who, come on, must basically own half of Waco, Texas at this point), they are still super successful and popular, and Flip or Flop receives anything but mediocre ratings. El Moussa and Anstead might have been a cute couple, but their relationship was far from perfect. Sort of like a wainscoting type design, but with this, she says. The new parents were also seen talking about their personal lives on the show. On New Normal in Arcadia, Christina and Tarek enter Arcadia, a neighborhood thats unfamiliar to them. Fans were thrilled for Tarek to return to the network with a new real estate show. Each episode is its own contained drama, so there's no need to run them chronologically. Flips like this arent always easy. When the show started in 2013, Tarek took to Talk Irvine to answer fans' questions. The episode will reair when the season officially kicks off on Thursday, December 9, 2021, at 9 p.m . Wishful Workshop Season 6 Along the way, youll learn some ways to give any home a high-end look, some of which dont even cost that much. When trying to Flip the place, they spent $60,000 on structural improvements and a total of $333,200 on the renovation. Custom kitchen, high-end appliances, 25 grand? El Moussa asks contractor Israel Battres. Flip or Flop is a television series airing on HGTV hosted by real estate investors Tarek El Moussa and Christina Hall, who were formerly married until 2017.[1]. Tarek and Christina have their work cut out for them in this flip Theyre contacted by another flipper whos looking to get rid of a project they cant afford. Additionally, El Moussa has his own show on HGTV, Flipping 101, which premieres in 2020. The pair was pumped on the houses price but not all the cracks it has. When the kitchen is done, Haack is proud of the new color. Although the transformation aired on TV in 2022, its easy to forget that episodes are filmed way in advance. When Flip or Flop premiered, it starred married couple and real estate agents Tarek and Christina El Moussa as they flipped homes in the Orange County area. Due to the value of homes in Corona Del Mar being so high, the design has to be of the same quality. Considering the fact that they started out when they were broke, it's inspiring to see how far they've come. pic.twitter.com/cd83Zuiuif. Well, as far as the real-estate aspect goes. The show first aired in April 2013 and has taken off to be one of HGTV's most popular shows. Not only do El Moussaand Anstead make their own money from real estate and flipping ventures, but Anstead also has her own separate show on HGTV,Christina on the Coast. NEXT: Like Garden Grove, this Southern California neighborhood is hot for flips. And, with the exception of the bad business deal, it was all good just 18 months ago. The property is not currently for sale, and therefore a listing does not exist for the Flip or Flop home. The house Tarek and Chirstina found in Torrance was in rough shape, with foundation issues, but the pair made out with a good profit. #FliporFlop. On the series 38th overall episode titled Big Lot, Little Flip, the El Moussas ended up taking a $3,300 bath on a project lead by contractor Jeff Lawrence. They pay a shocking $1.4 million, which leads them to believe that their upgrades should be nothing but the best. "Dexter": Michael C. Hall and Jennifer Carpenter, the stars of the killer Showtime series wed in 2008 but their relationship was deader than one of Dexter's victims by 2010, when they announced that they had filed for divorce. NEXT: Midcentury in Garden Grove? The house, built in 2017, boasts about 5,000 square feet of living space, garage space for four cars, a swimming pool, and a wraparound porch. Its probably prized to flippers (at least when season six was filmed) because it was an up-and-coming neighborhood in Southern California. Join the party! Don't miss HGTV in your favorite social media feeds. Christina and Tarek cut through the noise to turn a profit of $96,900, after buying it for $440,000 and selling for $643,000. 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. From the outside, the home looked like it just needed some fixing up on its exterior. While the exterior of this home is in good shape, El Moussa and Haack agree theres just something off about the curb appeal. In 2019, El Moussa revealed he was cancer-free with a heartfelt Instagram post. El Moussa has a passion for real estate, as he told HGTV he was so excited about his showFlipping 101. According to Dirt, Christina paid $2.5 million for the house, which sits on 24 acres in Franklin, Tenn. Watch: 6 Kitchen Improvements That Are Guaranteed To Pay Off. (Has this happened before or am I having dj vu?) Labor of Love Season 5 The lesson here: If you're ever considering sending out an audition tape for something, just do it. 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. After putting $435,300 into it, Tarek and Christina sold it for $550,000. In order to snag the home before it hit the market, Tarek and Christina had to move quickly potentially paying more than they wanted for it. Nothing but respect for [Joanna Gaines]." Clearly, Flip or Flop is doing just fine, and El Moussa and Anstead have a lot going for them. On "Flip or Flop," Tarek El Moussa and Christina Haack have been known to spend a pretty penny on their renovations, but their latest project is their most expensive ever. I will never forget when we had Taylor and she never bought maternity clothes because we couldn't afford them. Problems with the home start immediately. "One Tree Hill": Castmates Sophia Bush and Chad Michael Murray had a blink-and-you-missed marriage that ended in September 2005 with their separation after five months. However, during Flip or Flop Follow Up, it was revealed that there was a $30,000 property lien on the house. Since this is Tarek and Christina's full-time gig, they are typically flipping many houses at once. On tonight's #FlipOrFlop, Christina & Tarek went all in and took this beach-adjacent fixer from awkward to awesome! In fact, in an interview with The Orange County Register in 2013 just before Flip or Flop premiered, the then-married celebs opened up about how they got to be where they were, and it wasn't all sunshine and rainbows. They just have to split it with their partner first. "Flip or Flop" couple Tarek and Christina El Moussa announced this week that they've separated after nine years of marriage. I Wrecked My House; Home Town; Inside Out; Love It or List It; Luxe for Less; Married to Real Estate; My Lottery Dream Home; The Nate and Jeremiah Home Project; No Demo Reno; Property Brothers: Forever Home; Renovation Impossible; Renovation Island; Rico to the Rescue; Rock . Not long after, he had a contract for 13 episodes of Flip or Flop. Los Angeles neighborhood of Glassell Park. Or did it end up being a total Flop in the ocean? 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. Of course, theres the tension of if theyll keep the flip on schedule or not. The show documented Tarek El Moussa and Christina Haack's relationship. To make work a little more hectic, Christina is busy with new baby Brayden. While Flip or Flop is definitely a big part of both Tarek El Moussa and Christina Anstead's lives, some fans might assume that El Moussa is only in it for the cash or clout, but that's far from true. Read on for TheWrap's list of TV shows that have coped with castmates who are also exes. Perhaps the only other flop these two have combined for is matrimony itself. The show documented Tarek El Moussa and Christina Haack's relationship. Meanwhile, viewers can tune in to HGTV every Thursday to watch a new episode of The Flipping El Moussas Season 1 at 8:00 pm ET. So, did their efforts pay off? However, that couldn't be further from the truth. I didnt know it was going to have variation. The house has nothing no bathrooms, no kitchen, no nothing. New Normal in Arcadia Season 7 In a Q&A on TalkIrvine.com, El Moussa explained that the money you see him and Anstead make on the show is totally real. This is a big ol expensive flip and it fortunately lets Christina and Tarek walk away with some big profits. The finale showed Tarek and Christina working on a 2,200-square-foot duplex home they purchased for $925,000. [5]. Fortunately, they made out OK with a $117,000 profit after a $685,000 sale and $35,000 closing costs. However, they were able to yield a profit of $115,000. Pesky Flip Season 4 Both Flip or Flip stars are passionate about what they do, and the money is just a perk. If the couple keeps going the way they do, they might take over HGTV! Note: The home had a large lot in the back which was divided from the house and sold separately. This is also the episode where Brayden is born in. The major difference between The Flipping El Moussas and his past shows, especially with Christina's Flip or Flop, is Heather Rae El Moussa. But even though the series definitely shows plenty of drama, intrigue, and the highs and lows of flipping houses, there are still some things that need clearing up. In a video exclusive for HGTV, El Moussa revealed, "So, the craziest thing TV might've saved my life.". They bid on the house sight unseen (again) because its too far away from their home to go look at. Surrounded by ocean views, the property certainly came with its unexpected problems. The entire back wall of the kitchen is turned into slab with touches of gold, to match the flooring. Here are some things even the biggest HGTV fans may not know. According to the show's stars, Flip or Flop is totally legit. Flip or Flop 's beautiful, lying hosts, Christina and Tarek El Moussa. It may seem like the pair is making a ton of money, and they are! Its a Spanish-style roof, El Moussa points out. Even for these experienced flippers, big gambles like this one dont always pay off. Over the years, Tarek has gained many fans through his HGTV shows, including Flip or Flop, which also starred his first wife Christina Hall. They moved out of their house with a $6,000 monthly mortgage payment to a $700/month apartment with a roommate. The series changed after they divorced, with the pair fighting and opening . The house flippin pair finds a short-sale listing in Yorba Linda, an upscale neighborhood in Orange. They spend $60,000 on structural improvements and a total of $333,200 on the renovation. The series changed after they divorced, with the pair fighting and opening up about their issues. House-flipping gurus Tarek and Christina find an Anaheim home in Orange County in good condition.