Tarek and Christina El Moussa lost money only one time over seven seasons of shooting the HGTV fan-favorite. While watching a marathon of Flip or Flop, a registered nurse named Ryan Reade noticed a lump on Tarek's throat, prompting concern. 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. Fortunately, they made out OK with a $117,000 profit after a $685,000 sale and $35,000 closing costs. We are on track to do 50 this year.". It appears that men still love pretty dumb blond. But that isn't to say they've always been successful, or that that's even why they landed Flip or Flop. Theres a lot of gray in it, Haack says, looking at the kitchen. Christina and Tarek find out about a three-bedroom, two-bath house in Anaheim, California. 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. Read on to find out how Haack and El Moussa go all out on this ultraexpensive flipand whether their gamble pays off. NEXT: Getting permits is made difficult because of this homes strange rooms. Additionally, the Season 8 premiere of Flip or Flop attracted so many viewers that it was actually the second most popular cable program during their time slot, according to RapidTVNews.com. The combination of black and white oak beautifully warms up a modern kitchen. January 21, 2015 By: Farima Alavi Related To: Makeovers Interior Remodel Discovery, Inc. or its subsidiaries and affiliates. On tonight's #FlipOrFlop, Christina & Tarek went all in and took this beach-adjacent fixer from awkward to awesome! When the kitchen is done, Haack is proud of the new color. The property with a Hollywood sign view was worth $2,150,000. Along the way, youll learn some ways to give any home a high-end look, some of which dont even cost that much. 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. To date, the highest profit for the Flip or Flop hosts was in season 7, located in Arcadia, in a neighborhood they weren't familiar with and a property for which the renovation didn't exactly go to plan.Working with conflicting visions led to an investment of $918,800 which, with closing costs of $30,000 and a sale price of $1,160,000 resulted in a massive $211,200 in profit. He revealed, "This year 2013 we have closed 14 year to date and currently own 17 either listed, under construction or in escrow. Have something to tell us about this article? After paying this and $13,700 in carrying costs, they lost $9,700. the interiors arent what they thought theyd be. If you think a show on HGTV isn't capable of stunning ratings, think again. Nothing but respect for [Joanna Gaines]." 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. New Normal in Arcadia Season 7 Still, El Moussa agrees to the look, since the tile wainscoting breaks up the plain white bathroom tile with a little touch of something different. HGTV's Flip or Flophas been such a huge success. Tarek and Christina go full out and make the yard space into an entertainers dream, selling the home at $1.2 million and profiting $106,700. In 2019, El Moussa revealed he was cancer-free with a heartfelt Instagram post. NEXT: A flipper unloads an unprofitable project to Christina and Tarek. However, they don't use the show money to make purchases. It makes you want to hang out outside, which, you know, thats what we were going for, the indoor-outdoor feel, Haack says. The entire back wall of the kitchen is turned into slab with touches of gold, to match the flooring. Hot Market, Fast Flip Season 6 Flip or Flop started as a show that was, for the most part, about flipping houses, but it also featured an adorable couple front and center. Or does it? 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. I will never forget when we had Taylor and she never bought maternity clothes because we couldn't afford them. Claim your home to stay up-to-date of your homes value and equity. After 10 seasons, the final episode of Flip or Flop aired Thursday night. Even if it might cost them! pic.twitter.com/5lGyG8sp6W. 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). This is a challenge that Tarek and Christina can take, however. Before that, there were no sales made on the beachfront place, except for a purchase back in 2002, for $770K. Fast-forward to today, Tarek and Christina have found themselves in the media more than usual and not for a particularly positive reason. Tarek's show focuses on the real estate side of things, which is where his passion lies, as he teaches flipping newbies how to make a profit doing what he loves most, as noted byHGTV. Clearly, Flip or Flop is doing just fine, and El Moussa and Anstead have a lot going for them. The couple split in 2017, but continued to host the series together, with frequent appearances from their children Taylor and Brayden. (Buying sight unseen is extremely risky in flipping.) Post-Purchase Problems Season 7 The flippin pair first spotted the Garden Grove, California, listing online set for auction. The show documented Tarek El Moussa and Christina Haack's relationship. 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. NEXT: Tarek and Christina head into this upscale, gated community. Tarek said, "Real estate auctions where we buy are real. If you've seen just one episode of Flip or Flop, you know that, at first glance, Tarek El Moussa and Christina Anstead have it all. (Snoop isnt in this episode, dont get confused now.) 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. After investing $437,000 and closing costs of $22,000, the pair made a $90,900 profit. With a spa-like master bath, new landscape, a new wood deck, a gorgeous water feature, and a custom gas firepit, the home really does look like a dream home. A bigger budget means that Christina can finally leave the discount tile aisle and Tarek can moonwalk! They give the home a bold black and white upgrade, which looks great. NEXT: Old homes have charm, yet plenty of problems. At the time, the couple released a statement to People thatclarified what had happened and that they were on the same page when it came to their children. After receiving a call from an agent with this Hawthorne listing, Tarek and Christina find out where all the racket is coming from. 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! Find out what selling options are available for your home. This is a big ol expensive flip and it fortunately lets Christina and Tarek walk away with some big profits. Imagine having a new show, new wife, new baby but all people can talk about is how your ex wife is so much better. Our Favorite Flip or Flop Before-and-After Makeovers See how Flip or Flop hosts Tarek and Christina transform auctioned homes into luxurious properties. Problems with the home start immediately. Its also the riskiest theyve taken on within those seasons! Well, as far as the real-estate aspect goes. But now? NEXT: This home has a dated interior plan and many other problems. So, the flippers dole out another $1,000 to put in a glass wall. Not long after, he had a contract for 13 episodes of Flip or Flop. Tarek said they started filming the show in January 2012, and the first episode didn't air until April 2013. The high-contrast exterior sets the stage for the modern interior, and it helps set the house apart from other homes on the block. The disaster took place way back in Season 3. Since this is Tarek and Christina's full-time gig, they are typically flipping many houses at once. The home is on a busy street, next to an airport and an elementary school full of noisy children. Not quite Torrance material. 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. NEXT: After buying sight unseen, Tarek and Christina are in for a surprise. False Things About Flip Or Flop You Can Stop Believing. #HGTV #FlipOrFl. Flip or Flops Corona Del Mar beachfront turnaround left HGTV viewers hanging when they never found out what REALLY happened to that beautiful property. The couple recently became parents to a baby boy named Tristian. They turned a boring home into a modern, spacious place to live, including high ceilings and a sleek black kitchen. 5 Design Moves Christina Haack Has Ditchedand What Shes Doing Instead, Bargain Block Unveils a New Design Style That Modern Farmhouse Folks Will Love, Unsellable Houses: Watch a Semi-Hoarder Home Turn Into the Best on the Block. Due to the value of homes in Corona Del Mar being so high, the design has to be of the same quality. This flip takes Tarek and Christina to the northeast Los Angeles neighborhood of Glassell Park Orange County was fresh out of foreclosures. She told Today, "I noticed that at certain angles, at certain times, it just caught my eye that Tarek had a lump on his throat, and I thought it was something that needed to be brought to his attention." Note: The house later sold for $1,315,000 for a profit of $80,000. At this point, Tarek and Christina are strangers to buying a home sight unseen. It's based on the British series "Unsellable". Here are 10 things you didn't know about "Unsellable Houses". However, during Flip or Flop Follow Up, it was revealed that there was a $30,000 property lien on the house. 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. Although Tarek doesnt originally agree with Christinas kitchen amendments, he suddenly changes his mind when she gets the new slab backsplash started. Yes, but the likelihood is that Tarek and Christina made the last purchase of the exact Corona Del Mar home, bought for $1.4million! "What a load of Bulls**t," Anstead wrote plainly. This Torrance home just miles from the ocean and upscale beach communities makes it a perfect home for flipping. We did not know how to pay our bills. Note: The initial profit was $34,000. The premise is simple: Tarek and Christina buy houses often foreclosed or up for auction and flip them to sell. 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. 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.. Tarek and Christina sell the home for $425,000 after sinking $314,900 into it. Which is kind of ugly. However, it has structural problems. Both Flip or Flip stars are passionate about what they do, and the money is just a perk. They bought the property for $1.05million, which was complete with an ocean view but awful roof (in Tareks eyes). After renovating, Christina and Tarek sell the home for $1,149,000 after investing $926,400 and closing costs of $55,000. Have something to tell us about this article? 2023 GRV Media Ltd. All Rights Reserved. Tarek El Moussa and Christina Anstead take some big risks and gambles, but they typically always come out on top. However, this midcentury modern home is more expensive than projects they usually take on. 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. That didnt end up being the case. And it's no surprise considering that anyone who is a fan of reality TVknows the network has produced many successful home renovation shows. Instead, they put in their own money they had earned from previous investments. Toxic Flip Season 3 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. They cant see what the interior is like but they go for it anyway. Since the San Clemente episode aired, you might be eager to find out So, we checked on the listing. Reality television isn't chronological? NEXT: The interior renovations caused some hiccups during this flip. NEXT: No more Orange County foreclosures to sweep up. Christina and Tarek first purchased the San Clemente home in Season 11, during the Enamored by the View episode. According to the show's stars, Flip or Flop is totally legit. Wood is rotting and falling apart, floors and walls are replaced, the kitchen and multiple amenities are upgraded, and a lot more. In this episode, Tarek and Christina get into a lot more work than they originally expected. They just have to split it with their partner first. Yes, please! Situated near an ABC school, its full address is 16422 Flallon Avenue Norwalk, CA 90650 and is currently up for sale. 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. According to Dirt, Christina paid $2.5 million for the house, which sits on 24 acres in Franklin, Tenn. Like any major home renovation, there are some issues and mistakes that mess up Christina and Tareks plans a bit. In the house flipping business, its considered risky to purchase a home sight unseen. The boys go in on this flip without Christina. Should they find a buyer at that price, they stand to make a profit of $493,800. Any good flipper knows that all this isnt a guarantee for profitability, though. Oh, and dont forget about the foundation issues. After paying this and $13,700 in carrying costs, they lost $9,700. But something almost always goes wrong or they incur ridiculous expenses along the way. Of course, theres the tension of if theyll keep the flip on schedule or not. 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. In the kitchen, Haack wants an upscale look. Things could turn out pretty good, though. Theres no sense in blocking a multimillion dollar view, even from the shower! Unfortunately, their closing costs of $26,000 coupled with a $400,000 sales price dropped the duo into the red. While the show has been a huge success for HGTV . However, there is the potential that a private deal could have been made. 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. Previously, the couple had publicly announced they had separated, following an incident in which the police were called to their home (viaPeople). El Moussa and Anstead might have been a cute couple, but their relationship was far from perfect. Dirty, Dated and Undesired Season 2 After 10 years, famed house flippers Tarek El Moussa and Christina Haack have ended "Flip or Flop." It's is a shame, because the show's final flip was their most profitable. Theres a lot going on in this episode. Antead's showChristina on the Coastpremiered on HGTV in 2019, and it even featured her wedding on a special episode. Christina and Tarek take a peek at an off-market listing in Santa Ana. NEXT: Tarek and Christina have to clean up after partiers. 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. Fans noticed that they were sometimes spending $20K-$30K on separate rooms and areas, so adding up this most likely took them to around $100K, on top of the actual price of the property alone.