In 2019, El Moussa revealed he was cancer-free with a heartfelt Instagram post. The premise is simple: Tarek and Christina buy houses often foreclosed or up for auction and flip them to sell. When HGTV loved his idea, he learned quicklyand Flip or Flop was. Even if it might cost them! After buying the home for $500,000, they spend $139,475 on renovations. Read on to find out how Haack and El Moussa go all out on this ultraexpensive flipand whether their gamble pays off. (Snoop isnt in this episode, dont get confused now.) 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. At this point, Tarek and Christina are strangers to buying a home sight unseen. NEXT: After buying sight unseen, Tarek and Christina are in for a surprise. Your login session has expired. HGTV The 2,200-square-foot duplex home featured four bedrooms and three bathrooms, and Christina and Tarek purchased it for $925,000. Every house that Tarek El Moussa and Christina Anstead purchase on Flip or Flop needs some work that's just the basic premise of the show. Note: The initial offer fell through and later sold for 455k, for a profit of 87,800. NEXT: The big backyard in this home gives the potential for something extra. 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. "Like many couples, we have had challenges in our marriage," they said in the statement, noting, "We are committed to our kids and being the best parents we can be." 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. They walk away with $123,650 in profits after investing $404,350 and selling the home for $550,000. 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. After investing $449,000 and closing costs of $20,000, the home sold for $569,900. Should they find a buyer at that price, they stand to make a profit of $493,800. Flip location: Anaheim Hills, California. Not quite Torrance material. 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. And a user who claimed to be Tarek responded that the show is, in fact, real. This Torrance home just miles from the ocean and upscale beach communities makes it a perfect home for flipping. "They liked the fact that we were poor and were trying to make something of ourselves," she told the publication. Its weird because the stupid railing, like, bows out, El Moussa says when first touring the house. Enter your address and answer a few questions to get started. 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. Still, El Moussa and Haack spare no expense, spending extra on custom black oak cabinets on the perimeter with a white oak island. Tarek and Christina sell the home for $425,000 after sinking $314,900 into it. The pair made a total profit of $167,600. They make out with a $110,900 profit after investing $527,100 and selling the property for $660,000. 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. Even for these experienced flippers, big gambles like this one dont always pay off. Tarek knows what hes doing, doesnt need her 2 cents. NEXT: This was their priciest flip at the time. 27. Privacy Policy. 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. When the show started in 2013, Tarek took to Talk Irvine to answer fans' questions. All rights reserved. Its a return to Garden Grove for Christina and Tarek! Clearly, the two are incredibly successful at what they do. When you watch an episode of Flip or Flop, it can be pretty intense. Some fans also mentioned that the new show is similar to Flip or Flop: The first episode, titled Our First Flip, aired on Thursday. SIGN UP FOR OUR FREE DAILY NEWSLETTER, FIRST TAKE, 'Flip or Flop' Star Christina El Moussa Trashed on Instagram Amid Breakup News: 'So This Is What a Whore Looks Like', 'Flip or Flop': 6 Updates Since the El Moussas Announced Their Split (Photos). They cant see what the interior is like but they go for it anyway. The episodes are only 30 minutes, so they focus on which houses they actually do get. But now? Holy. This is a big ol expensive flip and it fortunately lets Christina and Tarek walk away with some big profits. While watching a marathon of Flip or Flop, a registered nurse named Ryan Reade noticed a lump on Tarek's throat, prompting concern. Please logout and login again. Still, he and Haack decide to spend the extra money, knowing that the doors will really impress buyers. Exclusive . Flip or Flop; Flipping 101; The Flipping El Moussas; Good Bones; Help! 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. The property listing has now been closed, which hints that the San Clemente house was likely sold, and for even more than its original cost, at $2,050,000. Toxic Flip Season 3 From that, she earns $50,000 per episode, according to Country Living. After putting $435,300 into it, Tarek and Christina sold it for $550,000. Reality television isn't chronological? Note: The house later sold for $1,315,000 for a profit of $80,000. @christinahaack has impeccable designs #CoronaDelMar #FlipOrFlop. Yes, please! 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. NEXT: This home might scare away most flippers. False Things About Flip Or Flop You Can Stop Believing. With a sale price of $940k, total investment of $848k, closing and loan costs of $72,400, the profit was $19,600. Investments totaled $455,800 and the home sold for $579,900. In the kitchen, Haack wants an upscale look. This show focuses on backyard remodels, whether it's landscaping, new decks, or adding in a pool. 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. The three-bedroom, 2.5-bath home was officially bought on May 20th 2020. The value is so high here that we can spend a lot of money, El Moussa says at the beginning of the project. Still, wed say these two have a pretty good batting average together. NEXT: This neighborhood was hot for flipping. Sometimes Tarek and Christina get outbid, which you don't see on the show. These are folks that are going to take some risks. So, what really happened to the Corona Del Mar home? Antead's showChristina on the Coastpremiered on HGTV in 2019, and it even featured her wedding on a special episode. The home in Whittier that Tarek and Christina get a lead on is one that would scare away a lot of flippers. NEXT: This was much more expensive than the projects Christina and Tarek usually take on. Check em out and see whether you think theyre worth the expense. Or does it? Tareks friend Pete DeBest calls him up with an offer he cant refuse. Beachside Beauty Season 6 Still, they know theyll never be able to sell this place to a high-end buyer if it doesnt have a high-end look. They run away with $198,200 after investing $593,800 and selling the lot for $250,000 and the home for $567,000. However, that wasn't always the case for the former couple. HGTV's Flip or Flop has loads of fans, but one in particular changed host Tarek El Moussa's life entirely. 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. Note: The house eventually sold for 890k, for a profit of 73,200. Previously, the couple had publicly announced they had separated, following an incident in which the police were called to their home (viaPeople). "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. NEXT: Tarek and Christina have to clean up after partiers. You can often catch day-long marathons on weekends. 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. Flip or Flop 's beautiful, lying hosts, Christina and Tarek El Moussa. They moved out of their house with a $6,000 monthly mortgage payment to a $700/month apartment with a roommate. NEXT: Tarek and Christina head into this upscale, gated community. "I'm [cancer-free] and I'm healthier than ever!!!!" "Flip or Flop" couple Tarek and Christina El Moussa announced this week that they've separated after nine years of marriage. Like all of their flips, there are some hiccups here and there. 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]. This house in Lakewood might scare away most flippers, but not Flip or Flops hosts. With a sale price of $715k, total investment of $627k, closing costs of $26,800, the profit was $61,200. Note: The home had a large lot in the back which was divided from the house and sold separately. Along the way, youll learn some ways to give any home a high-end look, some of which dont even cost that much. 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. Were kind of going for an industrial-rustic look, Haack says when showing El Moussa the samples. In January 2017, El Moussa filed for divorce from Anstead, as reported byPeople. Not Cool, Dad! The major difference between The Flipping El Moussas and his past shows, especially with Christinas Flip or Flop, is Heather Rae El Moussa. Things could turn out pretty good, though. Due to the value of homes in Corona Del Mar being so high, the design has to be of the same quality. Unfortunately, their closing costs of $26,000 coupled with a $400,000 sales price dropped the duo into the red. 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. They give the home a bold black and white upgrade, which looks great. Nothing but respect for [Joanna Gaines]." Tarek and Christina bought the Spanish revival house for $950,000. Its a hard lesson that expensive flips may not always pay off. Also Read: 'Flip or Flop' Star Christina El Moussa Trashed on Instagram Amid Breakup News: 'So This Is What a Whore Looks Like'. Los Angeles neighborhood of Glassell Park. I must have cashiers checks to buy cash (I lost a 20k check once, that was a nightmare)!" El Moussa has a passion for real estate, as he told HGTV he was so excited about his showFlipping 101. Double Lot Limbo Season 6 Viewers praised the former couples show and expected something similar from The Flipping El Moussas. The show documented Tarek El Moussa and Christina Haack's relationship. Still, El Moussa and Haack dont like the look of it. Tarek and Christina have one final house to flip before going their separate ways. To break even, Christina and Tarek had to sell for $938,800 lets just say, the pair more than breaks even! Then the backyard needs renovating, as well as the pool and pool house. And then, up there we can do white. "Flip or Flop" ended after 10 seasons in March. Flip or Flop premiered in 2013, and, in 2016, the stars of the show announced their separation in a statement to People. Million Dollar Flip Season 4 Fast-forward to today, Tarek and Christina have found themselves in the media more than usual and not for a particularly positive reason. pic.twitter.com/cd83Zuiuif. Theres a lot going on in this episode. (Buying sight unseen is extremely risky in flipping.) However, El Moussa is concerned about the cost. 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." Buyers looking for new digs in Torrance DEMAND luxury, and this house doesnt quite fit the bill at least not yet. 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. 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. 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. However, Tarek and Christina see potential for an add-on in its big backyard. "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. He wasn't confirmed to be on the thread, but it tracks with what he and Christina have said in the past. Tarek and Christina make $130,550 after a $1,400,000 sale and a $1,098,900 investment. NEXT: This home has a dated interior plan and many other problems. Flipping houses involves buying a property, renovating the building, and . News. Our flippers persevere and are able to turn a $110,800 profit after investing $419,200 and selling for $550,000. NEXT: The interior renovations caused some hiccups during this flip. NEXT: A house on a busy and noisy street isnt always the most profitable. 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. 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. And in the bathroom, Christina puts a white, off-textured tiling in there, which costs $14 per square foot. However, flipping homes isn't just about the money for either El Moussa or Anstead. Having been on reality television since 2013, it would be totally understandable if Tarek El Moussa and Christina Antstead were kind of over being on TV. 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! But something almost always goes wrong or they incur ridiculous expenses along the way. News, Season 7 of Flip or Flop had 19 million viewers, which is no small number. 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. About 5.2 million reasons, to be exact. Split-Level Falls Season 6 However, that doesn't mean that the two are only in it for the money. The final flip before it was renovated. These two spent. They replace the red roof with a modern black one, and sure enough, it looks much better. Situated near an ABC school, its full address is 16422 Flallon Avenue Norwalk, CA 90650 and is currently up for sale. It turns out that Tarek had been struggling with throat issues and actually had Stage-2 thyroid cancer. "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. They think theyre getting the home for a good price, but they change their tune when they see the inside. Tarek El Moussa and Christina Anstead are certainly both successful in real estate, as well as home design, but that doesn't mean that's all they're good at. I will never forget going to subway to split $5 footlongs from Subway because that is all we could afford. Trickle Down Flip Season 4 Tarek and Christina are flipping a lot of homes in Garden Grove, no? January 21, 2015 By: Farima Alavi Related To: Makeovers Interior Remodel Due to the high price of the house, El Moussa says, with closing costs and commission, the break-even price is $1,992,500. 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. When they come back after buying the home, they find out someone had a party and left the place a mess. The couple recently became parents to a baby boy named Tristian. The then-couple purchased that particular property for $272,000. Inside, El Moussa wants to add an all-new, top-of-the-line kitchen but grossly underestimates the cost. 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. With four bedrooms and three bathrooms, Christina and Tareks efforts appear to have paid off, and for a big profit. That didnt end up being the case. Just plywood floors, exposed framing, and piles of rubble. They buy the houses with money they make on their previous investments. GRV Media Ltd, 18 Mulberry Avenue, Widnes. Still, they managed to co-star on the series for a number of years after their split. The home seems to be in great shape (dont they all?) Any good flipper knows that all this isnt a guarantee for profitability, though. Structural problems can be pretty complicated when it comes to flipping homes. They needed to make $1.2m to break even and listed the house for $1.65m. They pay a shocking $1.4 million, which leads them to believe that their upgrades should be nothing but the best. Then theres that whole bizarre walk-in-the-woods with a gun thing. Its in good shape with strong comparable sales in the area, says the episode recap on HGTV.com. 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. 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. 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 majority of people know Chip and Joanna Gaines from Fixer Upper as the golden couple of HGTV. Tarek and Christina El Moussa lost money only one time over seven seasons of shooting the HGTV fan-favorite. 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. The episode will reair when the season officially kicks off on Thursday, December 9, 2021, at 9 p.m . You Might Also Like. Both Flip or Flip stars are passionate about what they do, and the money is just a perk. Its still a big price tag for doors, but if simply going with a different color can save $4,000, they know its worth the trade-off. False Start Flip Season 6 Tarek El Moussa's Kids Were 'Shocked' When 'Flip or Flop' Ended. What was once filled with empty rooms is now a condo filled with beautiful units, bathrooms with glass showers and a chill-out area situated just in front of the wide, open stairway. Don't miss HGTV in your favorite social media feeds. The house needs tons of renovation. 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.