Note: Due to Christina's pregnancy, Tarek worked alone on this project. NEXT: The interior renovations caused some hiccups during this flip. I feel like its really dark.. But those obsessed with the network know that Flip or Flop's Tarek and Christina El Moussa are just as charming and seem a little more real. Christina and Tarek are thinking that they could sell the lot separate from the house itself and make some extra moola. Flipping houses involves buying a property, renovating the building, and . Even with the couple's announcement of a split in December 2016 after seven years of marriage and two children, they told PEOPLE in a statement,"We will continue to work through this process civilly and cooperatively, and plan to continue our professional life together." The official synopsis read: The episode featured the couple visiting a Canyon House-named property in Los Angeles, California. Million Dollar Flip Season 4 Privacy Policy. 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. The Corona Del Mar house Flip Although the patio cost $20,000 alone, Tarek and Christina were lucky enough to have a much bigger budget to play with and were prepared to give the property their absolute all. This shouldnt be a wall, this should be glass, because the views right there, he says. When the housing market crashed in 2008, the real estate couple had to significantly downsize their living space, skimp on meals, and sell their vehicles just to stay afloat. The profit and $515,000 selling price werent revealed on the actual episode, but later on Flip or Flop Follow-Up. Flip or Flops Corona Del Mar beachfront turnaround left HGTV viewers hanging when they never found out what REALLY happened to that beautiful property. 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. Tarek El Moussa's Kids Were 'Shocked' When 'Flip or Flop' Ended. 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. This episode finds Tarek and Christina flipping their second Cliff May house. When El Moussa and Haack first see the townhouse, they know the exterior will need some work. There are some hiccups in the interior renovation but Tarek and Christina make it through with a big ol profit of $121,000 after investing $593,800 and selling the property for $745,000. "They liked the fact that we were poor and were trying to make something of ourselves," she told the publication. As we all know, Tarek and Christina divorced in 2016 but decided to keep working on Flip or Flop together. Which part of the transformation is your favorite? They run away with $198,200 after investing $593,800 and selling the lot for $250,000 and the home for $567,000. NEXT: Old homes have charm, yet plenty of problems. This episode takes place in rapper Snoop Doggs hometown of Long Beach, California. Yup, it's true. Imagine having a new show, new wife, new baby but all people can talk about is how your ex wife is so much better. Nope, theyre not in Garden Grove or Torrance this time. So when they spent over $1million on the home, viewers were left on edge about whether the place would ever sell. HGTV. They figured theyd do well again! 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. The disaster took place way back in Season 3. A post shared by Tarek El Moussa (@therealtarekelmoussa), WATCH FLIP OR FLOP ON HGTV ON THURSDAYS AT 9 PM, AND GET FREAKY WITH US ON INSTAGRAM AND FACEBOOK, Screenshot: Flip or Flop, Season 12 Episode 10, Corona Del Mar episode, HGTV Twitter. The final flip before it was renovated. They replace the red roof with a modern black one, and sure enough, it looks much better. Also Read: 'Flip or Flop' Star Christina El Moussa Trashed on Instagram Amid Breakup News: 'So This Is What a Whore Looks Like'. "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. Los Angeles neighborhood of Glassell Park. In the house flipping business, its considered risky to purchase a home sight unseen. However, flipping homes isn't just about the money for either El Moussa or Anstead. This show focuses on backyard remodels, whether it's landscaping, new decks, or adding in a pool. If they found a buyer for that price, they had the opportunity to make a profit of $493,800. 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. While the flippers are technically splurging on the doors, they havent forgotten what their budget is. Of Wreck and Ruin Season 4 Tarek and Christina buy this home from its owner. Still, wed say these two have a pretty good batting average together. See more of what the #FlipOrFlop team can do in the upscale beach town of #CoronaDelMar tonight at 8|7c. It makes you want to hang out outside, which, you know, thats what we were going for, the indoor-outdoor feel, Haack says. Labor of Love Season 5 Problems with the home start immediately. Note: During Flip or Flop Follow Up, it was revealed that the initial offer fell through and the home took 4 months to sell. A grand coastal escape located in Newport, Rhode Island. Doll House Flip Season 5 When the house is finished, its gorgeous. [7]. NEXT: The workshop space in this home makes it an interesting selling point. Not Cool, Dad! GRV Media Ltd, 18 Mulberry Avenue, Widnes. When trying to Flip the place, they spent $60,000 on structural improvements and a total of $333,200 on the renovation. 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! And, with the exception of the bad business deal, it was all good just 18 months ago. I love her more and more every day.". Im pretty sure its at least 50% more for the bifold than it is for the slider, he says. I didnt know it was going to have variation. Note: Because Christina was taking care of son Brayden, Tarek works with Pete de Best on this project, and all profits were split 50/50. The home seems to be in great shape (dont they all?) A bigger budget means that Christina can finally leave the discount tile aisle and Tarek can moonwalk! Although the transformation aired on TV in 2022, its easy to forget that episodes are filmed way in advance. This particular Garden Grove home has boarded-up windows and is in poor condition. And the Flip or Flop star took her kids to the new digs in April after closing the deal. Toxic Flip Season 3 While it is a rare circumstance, it also brings troubles - it seems like a new. Along the way, youll learn some ways to give any home a high-end look, some of which dont even cost that much. The majority of people know Chip and Joanna Gaines from Fixer Upper as the golden couple of HGTV. Its a ton of money to tie up in a single house! The United Kingdom aired its version of the Canadian hit realty show . 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. In the Season 12 episode Townhouse Flip, Haack and El Moussa buy a fixer-upper in the luxurious beach city of Corona del Mar, CA. This is also the episode where Brayden is born in. Since the San Clemente episode aired, you might be eager to find out So, we checked on the listing. They just have to split it with their partner first. Theres a lot going on in this episode. Apparently, Tarek hooked up with the El Moussas nanny, and Christinas dated one of the family contractors(and no, not the guy who lost them money last June). However, that couldn't be further from the truth. "Flip or Flop" ended after 10 seasons in March. "Flip or Flop" returned for its 10th season with an early premiere on December 2, 2021. Custom kitchen, high-end appliances, 25 grand? El Moussa asks contractor Israel Battres. Clearly, Flip or Flop is doing just fine, and El Moussa and Anstead have a lot going for them. Big Money Flip Season 4 After sinking $1,132,500 in the renovation, they do pretty well with a $167,500 profit after a $1,350,000 sale. I mean, they get very sassy with each other and are constantly freaking out about their buys with a resounding, "WHAT?!" 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. 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. Which is kind of ugly. Its an older, family home thats large and in good condition. 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. "Flip or Flop" ended after 10 seasons in March. Tarek and Christina sell the home for $425,000 after sinking $314,900 into it. This property has an interesting selling point a workshop. The major difference between The Flipping El Moussas and his past shows, especially with Christina's Flip or Flop, is Heather Rae El Moussa. 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. All profits were split 50/50. All rights reserved. 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. Tarek and Christina take on a three-level, four-bedroom home that has a dated interior plan and a slew of other problems. NEXT: At the time, this was the most theyd paid for construction. 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]. Back when they first started out, they were pinching pennies to make ends meet. #HGTV #FlipOrFl. Tarek and Christina head into a historic neighborhood of Anaheim for a flip on an old house. They pay a shocking $1.4 million, which leads them to believe that their upgrades should be nothing but the best. 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. False Things About Flip Or Flop You Can Stop Believing. Tri-Level Flip Season 7 They walk away with $123,650 in profits after investing $404,350 and selling the home for $550,000. And in the bathroom, Christina puts a white, off-textured tiling in there, which costs $14 per square foot. Join the party! Not all the homes have that much drama to them, but there's no denying the fact that El Moussa and Anstead have had to face a lot of unforeseen issues with the properties. Also Read: 'Flip or Flop': 6 Updates Since the El Moussas Announced Their Split (Photos). [8]. Our Favorite Flip or Flop Before-and-After Makeovers See how Flip or Flop hosts Tarek and Christina transform auctioned homes into luxurious properties. So, did their efforts pay off? They demolish the original shower, and their team puts up a wall between the shower and the bathroom window, which El Moussa knows is a problem. The flip to flop team does huge transformation with the kitchen, exterior and master bedroom. NEXT: A flipper unloads an unprofitable project to Christina and Tarek. Heather and Tarek were seen renovating the house for buyers. Find out what selling options are available for your home. The pair was pumped on the houses price but not all the cracks it has.