Although the transformation aired on TV in 2022, its easy to forget that episodes are filmed way in advance. It ends up getting them a profit of $104,950, but they werent sure it was a moneymaker at first. Our flippers persevere and are able to turn a $110,800 profit after investing $419,200 and selling for $550,000. All profits were split 50/50. She was always by my side. Of course, per The Orange County Register, the couple made $10,000 per episode at the start of Flip or Flop, so the money wasn't bad. When Flip or Flopfirst aired, Tarek said he hadn't lost a flip yet, "although I have been close a few times when I was new to flipping which was very scary." When El Moussa and Haack first see the townhouse, they know the exterior will need some work. It makes you want to hang out outside, which, you know, thats what we were going for, the indoor-outdoor feel, Haack says. Keep in mind: Price and stock could change after publish date, and we may make money from these affiliate links. Episode 1 of The Flipping El Moussas 2023 featured the couple visiting new properties and putting them up for renovations before flipping them. 2023 Warner Bros. That doesnt stop them from kicking out the tenants so they can flip for a $90K+ profit! After paying this and $13,700 in carrying costs, they lost $9,700. Tarek said, "Real estate auctions where we buy are real. Flip or Flop: The Final Flip. While the expensive doors and the new fire pit elevate the space, its the new tile that really transforms this space into a chic, resort-style hangout. Here are the false things you should stop believing about Flip or Flop. 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. The major difference between The Flipping El Moussas and his past shows, especially with Christina's Flip or Flop, is Heather Rae El Moussa. 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. Tarek and Christina head into a historic neighborhood of Anaheim for a flip on an old house. We spent some extra money painting this brick bright white, but it was worth every penny, she says. Sure enough, after Tarek El Moussa and Christina Ansteaddivorced, the show went on. Thats what its like with house flipping sometimes! Note: Due to Christina's pregnancy, Tarek worked alone on this project. Its a smoking deal on a La Habra house and Pete wants to go in with Tarek 50/50. The small backyard starts to look great during renovation. They figured theyd do well again! Not too shabby, my friends. Oh, and dont forget about the foundation issues. It's one of their most challenging flips to date, and they'll look back and share some of their favorite memories and lessons they learned along the way! In August 2016, the show became the highest rated show on cable, nabbing a 0.75 rating with 2.864 million viewers. The more you know ) The asking price was just below $1 million, making it their priciest flip. #HGTV #FlipOrFl. At least, the priciest within seasons one through four. That didnt end up being the case. Still, El Moussa and Haack dont like the look of it. Tarek and Christina bought the foreclosed house at $280,000 which seems like a good price until they see the inside of the property. 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. Christina Haack and Tarek El Moussa were ecstatic when they realised how much more money they could spend on transforming a home in Corona Del Mar, which meant she could finally leave the discount tile aisle. While the flippers are technically splurging on the doors, they havent forgotten what their budget is. For $599,900, Flip or Flop viewers could buy this three-bedroom, two-bathroom home. It's based on the British series "Unsellable". Tarek and Christina bought the Spanish revival house for $950,000. With a break-even price of $1,505,200, they listed the house for $1,999,000. This flip takes Tarek and Christina to the northeast Los Angeles neighborhood of Glassell Park Orange County was fresh out of foreclosures. Its a hard lesson that expensive flips may not always pay off. But that didn't last long. NEXT: No more Orange County foreclosures to sweep up. They just spent $14,000 for the doors. "They liked the fact that we were poor and were trying to make something of ourselves," she told the publication. HGTV's Flip or Flophas been such a huge success. The boys go in on this flip without Christina. Don't miss HGTV in your favorite social media feeds. NEXT: This home might scare away most flippers. Its a Spanish-style roof, El Moussa points out. However, Tarek and Christina see potential for an add-on in its big backyard. While watching a marathon of Flip or Flop, a registered nurse named Ryan Reade noticed a lump on Tarek's throat, prompting concern. Fav reno to date, fun, unique floor plan. 2023 GRV Media Ltd. All Rights Reserved. According to Dirt, Christina paid $2.5 million for the house, which sits on 24 acres in Franklin, Tenn. Deceased seller rumored to have hidden large amounts of cash in the house due to mistrust of banks; contractor Jeff Lawrence pranked Tarek & Christina in their search for cash they never found. The show highlights Anstead's successful track record of interior design and takes viewers inside her own home, showing details of her personal life, according to The Hollywood Reporter. The episode will reair when the season officially kicks off on Thursday, December 9, 2021, at 9 p.m . Old homes can have a lot of charming qualities but they can also have a host of problems thatll set back any flipper time- and money-wise. NEXT: Sometimes a risk if calculated ends up paying off. 20. Hoping to make a profit on their renovation, we saw the presenting duo and divorced couple get to work on the incredible home, which went from basic to beautiful, all in just an hour-long episode. I have to be healthy and alive for them!!" Theres a backyard a luxury to some but its small and tiered. They give the home a bold black and white upgrade, which looks great. The patio is covered in brick, and El Moussa wants to completely update the look. "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. Thats not a Spanish-style house., Watch: Christina Haack Is Ready to Flip Her Home, Turn Over a New Leaf. 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. They end up buying the white. El Moussa is also venturing out on his own. The HGTV show will continue production despite the split, which might seem like the height of awkwardness -- but former romantic partners have managed to peacefully co-exist on the small screen before. Note: The initial profit was $34,000. While many reality television stars definitely rely on paychecks from their shows, Tarek El Moussa and Christina Anstead have various streams of income other than Flip or Flop. After investing $437,000 and closing costs of $22,000, the pair made a $90,900 profit. Flip or Flo p aired its final episode on Thursday, December 1, 2022. Things could turn out pretty good, though. El Moussa estimates that replacing this roof will cost somewhere between $16,000 to $18,000, which is a lot to pay to replace a perfectly good roof. Previously, the couple had publicly announced they had separated, following an incident in which the police were called to their home (viaPeople). HGTV The 2,200-square-foot duplex home featured four bedrooms and three bathrooms, and Christina and Tarek purchased it for $925,000. NEXT: This home has a dated interior plan and many other problems. I will never forget going to subway to split $5 footlongs from Subway because that is all we could afford. Back to Garden Grove they go after a homeowner contacts the pair about a home theyre desperate to get off the market. Have something to tell us about this article? 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. So HGTV didn't give them their own show because they were the best but rather because they were able to start from the bottom and work their way up a true underdog story. It appears that men still love pretty dumb blond. The stars of Flip or Flop have certainly found plenty of success in what they do, but their children and other hobbies also keep them busy. Like all of their flips, there are some hiccups here and there. There was some major drama with this flip. Tarek and Christina sell the home for $425,000 after sinking $314,900 into it. The brick adds a really cool, like, industrial touch, she says. To make work a little more hectic, Christina is busy with new baby Brayden. 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. Yes, but the likelihood is that Tarek and Christina made the last purchase of the exact Corona Del Mar home, bought for $1.4million! Samantha Grindell. However, he comes around when he sees one with touches of gold, which perfectly matches the wood flooring. NEXT: This neighborhood was hot for flipping. When you watch an episode of Flip or Flop, it can be pretty intense. According to the listing on Compass, the single residence was sold on January 5th 2021. The property with a Hollywood sign view was worth $2,150,000. 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. (HGTV) While the flippers are technically splurging on the doors, they haven't forgotten what their budget is. Due to the high price of the house, El Moussa says, with closing costs and commission, the break-even price is $1,992,500. Anstead continued, "I have always been a huge supporter of female entrepreneurs #girlboss is my motto. When HGTV loved his idea, he learned quicklyand Flip or Flop was. For a show that runs during primetime at 9:00 p.m. on Thursday nights, that's super impressive. The flip is made a bit complicated when their visions for the renovation dont align. This color scheme also proves that a high-end, modern look doesnt always cost a fortune. Fast-forward to today, Tarek and Christina have found themselves in the media more than usual and not for a particularly positive reason. All rights reserved. The pair was pumped on the houses price but not all the cracks it has. Then the backyard needs renovating, as well as the pool and pool house. Tarek and Christina sold the property for $549,900. Its a steep purchase price, but the ocean view is well worth the money. The disaster took place way back in Season 3. Please logout and login again. He underwent treatment, getting his thyroid and several lymph nodes removed, as shared by Chasing the Cure. Tarek El Moussa and Christina Hack Prove One Massively Popular Upgrade May Be a Huge Waste of Cash, The Property Brothers Reveal a Beautiful Upgrade They're Floored More Homeowners Don't Do, 'Fixer to Fabulous' Brings Back a Bathroom Trend That Could Be the Next Big Thing. However, that doesn't mean that the two are only in it for the money. Of Wreck and Ruin Season 4 Tarek and Christina buy this home from its owner. These are folks that are going to take some risks. Tarek El Moussa and his second wife Heather Rae launched their show, The Flipping El Moussas, on Friday, March 3, 2023, on HGTV. They "poured concrete in toilets, smashed out all the windows and took a hammer to the wood floors before they left," according toThe Orange County Register. Tarek made an audition tape with the help of a friend and sent it in on a whim. Although priced well, it needs a lot of renovation to be a profitable flip. At this point, Tarek and Christina are strangers to buying a home sight unseen. The city of Torrance in California was an exploding market at least when this episode of Flip or Flop was being filmed. Flip or Flop 's beautiful, lying hosts, Christina and Tarek El Moussa. So, this is basically Flip or Flop, but with Heather instead of Christina. Did it ever sell? January 21, 2015 By: Farima Alavi Related To: Makeovers Interior Remodel NEXT: Foundation issues make this flip a close call. When they come back after buying the home, they find out someone had a party and left the place a mess. 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. Its just too good to pass up! While the master bathtub looks great, El Moussa and Haack run into trouble with the shower. Inside, El Moussa wants to add an all-new, top-of-the-line kitchen but grossly underestimates the cost. The show first aired in April 2013 and has taken off to be one of HGTV's most popular shows. According to Insider, the home's design included four bedrooms and three bathrooms, which the partners planned to flip into a family home with an additional bathroom. And the Flip or Flop star took her kids to the new digs in April after closing the deal. Heather is so much nicer to him. "Flip or Flop" stars Tarek El Moussa and Christina Haack may have built a real estate empire including three hit shows between them, but they're still not above flipping some of . Note: During the Flip or Flop Follow Up "Taking Risks" episode, it was revealed that this house sold for $715,000 for a profit of $46,900. "We've worked hard to keep our business strong." The final flip before it was renovated. Flip or Flop was such a success that there are now several spinoffs of the show including Flip or Flop . The flip to flop team does huge transformation with the kitchen, exterior and master bedroom. Addition and Subtraction Season 6 Note: During Flip or Flop Follow Up, it was revealed that the initial offer fell through and the home took 4 months to sell. Battres laughs, saying, Just the appliances are going to be, like, 15 grand!. After putting $435,300 into it, Tarek and Christina sold it for $550,000. They think theyre getting the home for a good price, but they change their tune when they see the inside. Nothing that Christina and Tarek cant get past! In addition to the day-to-day stuff that goes with being working parents, El Moussa and Anstead have also worked on writing and publishing their own book, Flip Your Life, though, according to USA Today, the project was halted. Things got hairy but the couple made out with a bigger profit than the home in La Puente! Tarek and Christina El Moussa may be getting divorced, but they have plenty of reasons to continue working together. The home in Whittier that Tarek and Christina get a lead on is one that would scare away a lot of flippers. Go behind the scenes at HGTV with your favorite show and host news, delivered straight to your inbox. However, we do have a list of houses from the show which are definitely on the market. Claim your home to stay up-to-date of your homes value and equity. He wasn't confirmed to be on the thread, but it tracks with what he and Christina have said in the past. It seems like Tarek and Christina keep taking risks when they cant look inside homes, but thankfully at least for this one they make a pretty sweet profit of $104,100. Its an older, family home thats large and in good condition. Flip or Flop Streaming on discovery+ Flipping the Block Consult Program Guide Beach Flip According to The Orange County Register, while "the El Moussas were paid $10,000 per episode," they didn't use that money to buy the houses that they flipped. GRV Media Ltd, 18 Mulberry Avenue, Widnes. And they don't all sell right away. However, that couldn't be further from the truth. HGTV. Yup, it's true. Christina Haack tells Tarek El Moussa she's done flipping houses with him. Note: The home had a large lot in the back which was divided from the house and sold separately. Speaking about the difference between his shows in an interview with E! They buy the houses with money they make on their previous investments. While they once had nice cars and a huge house, they'd had to downgrade, but they were able to bounce back and start making money again when they started flipping houses. Fans also compared the Selling Sunset star with Tareks first wife Christina. They just have to split it with their partner first. However, flipping homes isn't just about the money for either El Moussa or Anstead. Some fans also mentioned that the new show is similar to Flip or Flop: The first episode, titled Our First Flip, aired on Thursday. If you've seen an episode of Flip or Flop, you know that the profits Tarek El Moussa and Christina Anstead earn from some of the properties they flip can be mind-boggling. @tarekelmoussa you and Christina did an incredible job on the San Clemente house. According to a thread posted to TalkIrvine.com, Tarek El Moussa himself set the record straight regarding the dramatics seen on the show. With a sale price of $715k, total investment of $627k, closing costs of $26,800, the profit was $61,200. "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. I think this is my favorite kitchen weve ever done, she says. Watch: 6 Kitchen Improvements That Are Guaranteed To Pay Off. Tarek said of Christina in an adorable now-deletedFacebook post on Mother's Day, "The beginning of our relationship was very tough and she rode the wave with me, never complaining about our situation. The series changed after they divorced, with the pair fighting and opening . 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. Freeway Flip Season 3 The drama is thrilling and can even be suspenseful will they successfully flip by the end of the episode?! Foreclosure Shock Season 2 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]. Or, at least, they don't lose any money. The couple had earlier appeared on Netflixs Selling Sunset, where Tarek made several cameo appearances. But as far as Flip or Flop is concerned, the show is just about as real as can be. 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. With ample closet space and new designer carpet in the bedroom, wait until you hear about the garden. See more of what the #FlipOrFlop team can do in the upscale beach town of #CoronaDelMar tonight at 8|7c. On top of a stressful project, Christina is getting closer and closer to her due date. Both Flip or Flip stars are passionate about what they do, and the money is just a perk. Big Money Flip Season 4 "I'm [cancer-free] and I'm healthier than ever!!!!" Tarek and Christina take on a three-level, four-bedroom home that has a dated interior plan and a slew of other problems. NEXT: Midcentury in Garden Grove? When the house is finished, its gorgeous. Considering the fact that they started out when they were broke, it's inspiring to see how far they've come. The feature wall costs $6,500 and helps transform this otherwise boring space with a high-end style. They list the house for $1,999,000. 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.