Then the backyard needs renovating, as well as the pool and pool house. 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. "I'm [cancer-free] and I'm healthier than ever!!!!" The small backyard starts to look great during renovation. Flip or Flop 's beautiful, lying hosts, Christina and Tarek El Moussa. According to the listing on Compass, the single residence was sold on January 5th 2021. The house later sold for 390k, for a profit of 76,300. @tarekelmoussa you and Christina did an incredible job on the San Clemente house. A Definitive List of Every Home Tarek El Moussa Has Ever Owned While the flippers are technically splurging on the doors, they havent forgotten what their budget is. Back to Garden Grove they go after a homeowner contacts the pair about a home theyre desperate to get off the market. Tarek and Christina have one final house to flip before going their separate ways. They walk away with $123,650 in profits after investing $404,350 and selling the home for $550,000. Tarek and Christina partnered with Pete de Best for this flip and split the $119,900 profit 50/50 with him. 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. However, there is the potential that a private deal could have been made. The show first aired in April 2013 and has taken off to be one of HGTV's most popular shows. NEXT: The workshop space in this home makes it an interesting selling point. After renovating, Christina and Tarek sell the home for $1,149,000 after investing $926,400 and closing costs of $55,000. If the couple keeps going the way they do, they might take over HGTV! Jillian Pretzel is a Southern California writer who covers lifestyle, relationships, home, and money management. 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! Here are some things even the biggest HGTV fans may not know. NEXT: At the time, this was the most theyd paid for construction. 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! January 21, 2015 By: Farima Alavi Related To: Makeovers Interior Remodel As if watching Flip or Flop wasn't enough, you'll also be able to read all about it Tarek and Christina inked a book deal. 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. the interiors arent what they thought theyd be. However, it has structural problems. Too Good To Be True Season 3 El Moussa and Haack really want to emphasize the stunning ocean view in the backyard, so they take out the existing sliding doors to make room for two sets of bifold doors. 'Flip or Flop' Host Tarek El Moussa Battling Thyroid Cancer - Peoplemag At least, the priciest within seasons one through four. Remember that time Flip or Flop actually flopped? HGTV The 2,200-square-foot duplex home featured four bedrooms and three bathrooms, and Christina and Tarek purchased it for $925,000. As Tarek and Christina walked up to the house to take a look at it before purchasing, Christina remarked on experiences they had when they were married in the neighborhood. Clearly, Flip or Flop is doing just fine, and El Moussa and Anstead have a lot going for them. I must have cashiers checks to buy cash (I lost a 20k check once, that was a nightmare)!" NEXT: A flipper unloads an unprofitable project to Christina and Tarek. I agree with TheWrap's Terms of Service and Privacy Policy and provide my consent to receive marketing communications from them. While brick can feel both charming and classic, modern tile will give any outdoor space a more luxurious feel. Flip or Flop Streaming on discovery+ Flipping the Block Consult Program Guide Beach Flip Each door cost $1000 a foot, while the entire patio was estimated to cost around $20,000. Its a risk, but a calculated one that ends up paying off for the Flip or Flop crew. Hot Market, Fast Flip Season 6 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. This is a challenge that Tarek and Christina can take, however. Home buyers typically want to find a property in a quiet part of town. 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.. This home in Hawthorne doesnt quite fit that bill. House Flip With SO MANY Challenges | Flip or Flop | HGTV "I didn't start with a lot of money, I proved myself and grew a business based on my business plan and track record," he explained. Read on for TheWrap's list of TV shows that have coped with castmates who are also exes. 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. However, he comes around when he sees one with touches of gold, which perfectly matches the wood flooring. It's not like Tarek and Christina had lifelong dreams of being hosts of a hit HGTV show. "Flip or Flop" returned for its 10th season with an early premiere on December 2, 2021. However, these flippers run into big problems when they find out the house has foundation issues. After investing $437,000 and closing costs of $22,000, the pair made a $90,900 profit. Since Flip or Flop is just one of HGTV's many shows that feature a house being turned upside down and made into a gorgeous home, it's no surprise that many viewers might assume Tarek El Moussa and Christina Anstead get competitive with the other HGTV shows. The auctions are real! flip or flop updates on houses that didn't sell The brick adds a really cool, like, industrial touch, she says. HGTV Completely Betrayed Fans With Its Flip or Flop Lie - Cosmopolitan Clearly, the two are incredibly successful at what they do. 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. When El Moussa and Haack first see the townhouse, they know the exterior will need some work. Tarek El Moussa and his second wife Heather Rae launched their show, The Flipping El Moussas, on Friday, March 3, 2023, on HGTV. I have to be healthy and alive for them!!" Were getting down to the BIG moneymakers now, baby! They end up buying the white. Investments totaled $455,800 and the home sold for $579,900. In the Season 11 episode Enamored by the View, Haack and El Moussa purchase a house in San Clemente, CA, for $1.05 million. And now, the couple has an estimated net worth of $4 million. 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! Have something to tell us about this article? 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). We can do whatever we want, Haack adds. [9], Note: This house later sold for 588k, for a profit of 112,200. Tarek and Christina put in $317,900 for a sell of $429,900 that gave them a $97,000 profit. With ample closet space and new designer carpet in the bedroom, wait until you hear about the garden. Buyers looking for new digs in Torrance DEMAND luxury, and this house doesnt quite fit the bill at least not yet. "All the profits you see on show are real but I split that with my partner. Tri-Level Flip Season 7 After sinking $1,132,500 in the renovation, they do pretty well with a $167,500 profit after a $1,350,000 sale. 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. With shows like Flip or Flop, there isn't really a running plot throughout the season. Fans also compared the Selling Sunset star with Tareks first wife Christina. Flip or Flop; Flipping 101; The Flipping El Moussas; Good Bones; Help! In August 2016, the show became the highest rated show on cable, nabbing a 0.75 rating with 2.864 million viewers. In this episode, Tarek and Christina get into a lot more work than they originally expected. Trickle Down Flip Season 4 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. Speaking about the difference between his shows in an interview with E! This flipped San Clemente house with an ocean view wasn't a total Flop A lot of the charm on the earlier seasons of Flip or Flop came from the fact that Tarek El Moussa and Christina Anstead were married, and their flirty, witty banter was super relatable to a lot of couples out there. 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. 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]. Flipping houses involves buying a property, renovating the building, and . Lately, the hosts of Flip or Flop, Tarek El Moussa and Christina Haack, have been raking in the cash. When you watch an episode of Flip or Flop, it can be pretty intense. NEXT: The big backyard in this home gives the potential for something extra. They turned a boring home into a modern, spacious place to live, including high ceilings and a sleek black kitchen. The house has nothing no bathrooms, no kitchen, no nothing. The three-bedroom, 2.5-bath home was officially bought on May 20th 2020. 20. Discovery, Inc. or its subsidiaries and affiliates. In fact, according to E! Christina Haack tells Tarek El Moussa she's done flipping houses with him. Due to the high price of the house, El Moussa says, with closing costs and commission, the break-even price is $1,992,500. Tarek and Christina sell the home for $425,000 after sinking $314,900 into it. Zillow estimates that the property is worth $2.3million today, at the same time its episode hit HGTV. Its an older, family home thats large and in good condition. Theres no sense in blocking a multimillion dollar view, even from the shower! As Tarek El Moussa and Christina Anstead told The Orange County Register at the start of their careers with HGTV, flipping houses helped the family stay afloat in the midst of the real estate crash. (Just a hop, skip, and jump away from Disneyland!) Ryan Read, 31, a registered nurse, was watching a marathon day of season one earlier. Then theres that whole bizarre walk-in-the-woods with a gun thing. Episode 1 of The Flipping El Moussas 2023 featured the couple visiting new properties and putting them up for renovations before flipping them. Christina and Tarek are thinking that they could sell the lot separate from the house itself and make some extra moola. NEXT: Midcentury in Garden Grove? NEXT: Christina sits this one out will Tarek be able to turn a profit? NEXT: This neighborhood was hot for flipping. I feel like its really dark.. Someone start a GoFundMe for Tarek and Christina El Moussa, stat. Do Not Sell; Part of the . 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. If you want to snag a copy, it'sdue to be released in April 2017. This episode finds Tarek and Christina flipping their second Cliff May house. On top of a stressful project, Christina is getting closer and closer to her due date. Christina and Tarek first purchased the San Clemente home in Season 11, during the Enamored by the View episode. The major difference between The Flipping El Moussas and his past shows, especially with Christinas Flip or Flop, is Heather Rae El Moussa. 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. "The O..C.": Rachel Bilson and Adam Brody didn't just play a couple on this Fox series -- they also carried on a romantic relationship IRL, though they called it quits in late 2006. Christina just used to sarcastically make fun of Tarek all episode . I will never forget going to subway to split $5 footlongs from Subway because that is all we could afford. The value is so high here that we can spend a lot of money, El Moussa says at the beginning of the project. In fact, El Moussa kind of owes the show his life. Nothing but respect for [Joanna Gaines]." 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 majority of people know Chip and Joanna Gaines from Fixer Upper as the golden couple of HGTV. Things could turn out pretty good, though. The city of Torrance in California was an exploding market at least when this episode of Flip or Flop was being filmed. However, that wasn't the case. It makes you want to hang out outside, which, you know, thats what we were going for, the indoor-outdoor feel, Haack says. NEXT: The interior renovations caused some hiccups during this flip. Each episode is its own contained drama, so there's no need to run them chronologically. NEXT: No more Orange County foreclosures to sweep up. Take a Sneak Peek at Season 9 of 'Flip or Flop' - HGTV 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. Instead, they put in their own money they had earned from previous investments. 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. Flip or Flop's Spanish revival house sold, but not for Tarek's listing 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. Due to the value of homes in Corona Del Mar being so high, the design has to be of the same quality. Tarek said they started filming the show in January 2012, and the first episode didn't air until April 2013. So even though it might seem a bit dramatic, all those auctions where El Moussa and Anstead buy properties sight unseen are totally real! As youre learning going through this list, these two arent regular flippers. Tarek partnered with Robert Drenk for this flip (Robert's first), and split the $85,500 profit 50/50 with him. The new HGTV show is Tarek and Heathers first solo together. He wasn't confirmed to be on the thread, but it tracks with what he and Christina have said in the past. 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. Not quite Torrance material. 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. Tarek and Christina feel thisll be a very profitable flip and it is in the end but getting there turns out to be harder than expected. 1. 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. Of course, theres the tension of if theyll keep the flip on schedule or not. The 2,302-square foot property came with all new vanities, new fixtures, quartz counter tops and custom tiled showers, and much more. Specifically, in 2013, a nurse in Texas named Ryan Read sent an email to El Moussa after she noticed he had a lump on his throat that she thought he needed to get checked out. Reality television isn't chronological? Note: The initial profit was $34,000. Double Lot Limbo Season 6 'Flip or Flop': That One Time an HGTV House Flip Actually Flopped - TheWrap He revealed, "This year 2013 we have closed 14 year to date and currently own 17 either listed, under construction or in escrow. The couple split in 2017, but continued to host the series together, with frequent appearances from their children Taylor and Brayden. Is This the Worst 'Flip or Flop' House Yet? Take a Look - realtor.com Painting the wall costs an additional $3,000, but Haack knows that, at such a high price for the home, the kitchen will need to be perfect. To finish the kitchen, Haack suggests adding a white brick backsplash. Unfortunately, their closing costs of $26,000 coupled with a $400,000 sales price dropped the duo into the red. "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 . In this episode, its a permit issue. These two spent. Dirty, Dated and Undesired Season 2 For the bathroom, Haack shows El Moussa an off-white, textured tile that she proposes to put around the new bathtub. Yup, it's true. On top of that, Christinas new boyfriend might be impacting her work with Tarek. After 10 seasons, the final episode of Flip or Flop aired Thursday night. Flip or Flop's San Clemente renovation Christina and Tarek first purchased the San Clemente home in Season 11, during the "Enamored by the View" episode. NEXT: Just because the house is in good shape doesnt mean itll be a profitable flip. "Little People, Big World": Amy and Matt Roloff, the diminutive stars of this TLC series, finalized their divorce earlier this year, but the show premiered its 12 season last month. With more glass, this view packs an even greater punch. YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. We did not know how to pay our bills. Love Tarek but the show would be much better if Wife#2 didnt speak. Fast-forward to today, Tarek and Christina have found themselves in the media more than usual and not for a particularly positive reason. The funny part was that while El Moussa had dabbled in renovating, he had never actually "flipped" a house for profit before. This home in Chino was run-down and overgrown in need of some serious cosmetic uplift. When trying to Flip the place, they spent $60,000 on structural improvements and a total of $333,200 on the renovation. 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. According to a thread posted to TalkIrvine.com, Tarek El Moussa himself set the record straight regarding the dramatics seen on the show. 'Flip or Flop' canned thanks to Tarek El Moussa's love life - New York Post 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.