Thats the case with this Fullerton, California, home that Tarek and Christina find. So much money that some viewers might think all the profits they see on the show are exaggerated. Although the transformation aired on TV in 2022, its easy to forget that episodes are filmed way in advance. They think theyre getting the home for a good price, but they change their tune when they see the inside. So even though it might seem a bit dramatic, all those auctions where El Moussa and Anstead buy properties sight unseen are totally real! They bought the property for $1.05million, which was complete with an ocean view but awful roof (in Tareks eyes). It was also sold incredibly fast and only on the market for four days. Too Good To Be True Season 3 Theres a lot of gray in it, Haack says, looking at the kitchen. An out-of-state seller contacts Christina and Tarek about a property in Costa Mesa. Beyond the on-screen drama, there's plenty that happens behind the scenes. After receiving a call from an agent with this Hawthorne listing, Tarek and Christina find out where all the racket is coming from. Down to the Studs Season 5 When I was looking at the sample, I thought it was all just going to be bright white. They buy the houses with money they make on their previous investments. Fortunately, the pair made a $107,650 profit after a $1,260,000 sale and investing $1,112,350. Although Tarek doesnt originally agree with Christinas kitchen amendments, he suddenly changes his mind when she gets the new slab backsplash started. 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. In a video exclusive for HGTV, El Moussa revealed, "So, the craziest thing TV might've saved my life.". Holy. If the couple keeps going the way they do, they might take over HGTV! After buying the home for $500,000, they spend $139,475 on renovations. In fact, to show just how silly that rumor was, Anstead took to her Instagram page to address a specific news story that ran in a tabloid in 2018. 2023 GRV Media Ltd. All Rights Reserved. Viewers were extremely eager to find out if the home ever sold, with some labelling the reno as their favorite ever. False Start Flip Season 6 #HGTV #FlipOrFl. El Moussa is also venturing out on his own. Since the couple's personal drama was revealed to the public, we can't help but wonder if the book will reveal some juicy details. In the house flipping business, its considered risky to purchase a home sight unseen. Remember that time Flip or Flop actually flopped? There was an unusual auction and then a lot of issues it was dirty, dated, and undesired. In fact, according to E! Before that, there were no sales made on the beachfront place, except for a purchase back in 2002, for $770K. It seems like Tarek and Christina got pretty lucky with the costs they procured on this home. It appears that men still love pretty dumb blond. Split-Level Falls Season 6 With a sale price of $940k, total investment of $848k, closing and loan costs of $72,400, the profit was $19,600. 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. 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]. To finish the kitchen, Haack suggests adding a white brick backsplash. Million Dollar Flip Season 4 When the kitchen is finished, Haack is rightfully proud of her design. 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. I Wrecked My House; Home Town; Inside Out; Love It or List It; Luxe for Less; Married to Real Estate; My Lottery Dream Home; The Nate and Jeremiah Home Project; No Demo Reno; Property Brothers: Forever Home; Renovation Impossible; Renovation Island; Rico to the Rescue; Rock . Inside, El Moussa wants to add an all-new, top-of-the-line kitchen but grossly underestimates the cost. They pay a shocking $1.4 million, which leads them to believe that their upgrades should be nothing but the best. 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. Tarek and Christina sold the property for $549,900. Clearly, Flip or Flop is doing just fine, and El Moussa and Anstead have a lot going for them. "The Big Bang Theory": Johnny Galecki and Kaley Cuoco, dated while also playing a couple on the series. Not too shabby, my friends. The small backyard starts to look great during renovation. I have to be healthy and alive for them!!" Enter your address and answer a few questions to get started. YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. It may seem like the pair is making a ton of money, and they are! While the exterior of this home is in good shape, El Moussa and Haack agree theres just something off about the curb appeal. 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. That didnt end up being the case. "What a load of Bulls**t," Anstead wrote plainly. 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. This particular Garden Grove home has boarded-up windows and is in poor condition. 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. Go behind the scenes at HGTV with your favorite show and host news, delivered straight to your inbox. Facts about Flip or Flop most people don't know. Each door cost $1000 a foot, while the entire patio was estimated to cost around $20,000. " A Barnyard Dance". However, El Moussa is concerned about the cost. The property is not currently for sale, and therefore a listing does not exist for the Flip or Flop home. Surrounded by ocean views, the property certainly came with its unexpected problems. The entire back wall of the kitchen is turned into slab with touches of gold, to match the flooring. She asks Battres to paint the brick bright white, freshening up the look. The flippin pair first spotted the Garden Grove, California, listing online set for auction. While the master bathtub looks great, El Moussa and Haack run into trouble with the shower. They turned a boring home into a modern, spacious place to live, including high ceilings and a sleek black kitchen. Even for these experienced flippers, big gambles like this one dont always pay off. Someone start a GoFundMe for Tarek and Christina El Moussa, stat. Christina Haack tells Tarek El Moussa she's done flipping houses with him. They replace the red roof with a modern black one, and sure enough, it looks much better. "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." After investing $449,000 and closing costs of $20,000, the home sold for $569,900. NEXT: The interior renovations caused some hiccups during this flip. Flipping houses involves buying a property, renovating the building, and . Note: Due to Christina's pregnancy, Tarek worked with Pete de Best on this project, and all profits were split 50/50. After dumping $392,800 into the property, Christina and Tarek eventually made a profit of $103,000. In fact, he likes it so much that he suggests using the brick on the entire kitchen wall, despite this costing an extra $15,000. As we all know, Tarek and Christina divorced in 2016 but decided to keep working on Flip or Flop together. Note: The house eventually sold for 690k, for a profit of 46k. As youre learning going through this list, these two arent regular flippers. The feature wall costs $6,500 and helps transform this otherwise boring space with a high-end style. They end up buying the white bifold doors, at $14,000 for the pair, instead of the black ones, which cost $18,000. Along the way, youll learn some ways to give any home a high-end look, some of which dont even cost that much. The official synopsis read: The episode featured the couple visiting a Canyon House-named property in Los Angeles, California. Not Cool, Dad! The majority of people know Chip and Joanna Gaines from Fixer Upper as the golden couple of HGTV. Yikes. Still, they managed to co-star on the series for a number of years after their split. They moved out of their house with a $6,000 monthly mortgage payment to a $700/month apartment with a roommate. They needed to make $1.2m to break even and listed the house for $1.65m. NEXT: Getting permits is made difficult because of this homes strange rooms. At least, the priciest within seasons one through four. Sometimes Tarek and Christina get outbid, which you don't see on the show. "One Tree Hill": Castmates Sophia Bush and Chad Michael Murray had a blink-and-you-missed marriage that ended in September 2005 with their separation after five months. However, during Flip or Flop Follow Up, it was revealed that there was a $30,000 property lien on the house. The new shower is elegant, however, and the open feel of this bathroom will be a serious selling point for buyers. NEXT: The homes poor condition prevents Tarek and Christina from looking inside. Antead's showChristina on the Coastpremiered on HGTV in 2019, and it even featured her wedding on a special episode. Your login session has expired. 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. 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. False Things About Flip Or Flop You Can Stop Believing. Jillian Pretzel is a Southern California writer who covers lifestyle, relationships, home, and money management. In fact, in an interview with The Orange County Register in 2013 just before Flip or Flop premiered, the then-married celebs opened up about how they got to be where they were, and it wasn't all sunshine and rainbows. Tarek and Christina make $10,000 per episode. Note: The initial profit was $34,000. Tarek and Christina El Moussa lost money only one time over seven seasons of shooting the HGTV fan-favorite. In the kitchen, Haack wants an upscale look. "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 . Have something to tell us about this article? Things could turn out pretty good, though. NEXT: A house on a busy and noisy street isnt always the most profitable. Did it ever sell? NEXT: This homes structural issues proved challenging to Tarek and Christina. When the kitchen is done, Haack is proud of the new color. The final flip before it was renovated. In the Season 11 episode Enamored by the View, Haack and El Moussa purchase a house in San Clemente, CA, for $1.05 million. They don't show that on the show because it's confusing for the audience to understand." Note: Due to Christina's pregnancy, Tarek worked alone on this project. 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. 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. Note: The house later sold for $1,315,000 for a profit of $80,000. Each episode is its own contained drama, so there's no need to run them chronologically. NEXT: Tarek and Christina have to clean up after partiers. After paying this and $13,700 in carrying costs, they lost $9,700. [10]. That way it pops.. With a red Spanish-style roof costing somewhere between $16,000 to $18,000 to replace with a modern, black one, they also choose to make the sliding doors bifold doors, costing them $14,000. The series changed after they divorced, with the pair fighting and opening up about their issues. Ironically, thats about the price of a clawfoot bathtub on the popular TV show. Both parents are passionate about their kids and regularly post adorable snapshots of them on their social media pages. Were getting down to the BIG moneymakers now, baby! 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. Wood is rotting and falling apart, floors and walls are replaced, the kitchen and multiple amenities are upgraded, and a lot more. According to Dirt, Christina paid $2.5 million for the house, which sits on 24 acres in Franklin, Tenn. Fast-forward to today, Tarek and Christina have found themselves in the media more than usual and not for a particularly positive reason. Note: The initial profit was $34,000. Of course, theres the tension of if theyll keep the flip on schedule or not. A grand coastal escape located in Newport, Rhode Island. Its a ton of money to tie up in a single house! 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. They replace the brick with gray tile, put in sliding doors, and add a $4,750 custom fire pit. When they come back after buying the home, they find out someone had a party and left the place a mess. You could be the next HGTV star! 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. Watch: 6 Kitchen Improvements That Are Guaranteed To Pay Off. Natural Disaster Season 4 27. They figured theyd do well again! Or does it? It's based on the British series "Unsellable". NEXT: This was their priciest flip at the time. Nothing that Christina and Tarek cant get past! Midcentury Maze Season 7 Midcentury architecture has plenty of fans meaning this Garden Grove home Tarek and Christina found could sell for top dollar. Note: The house eventually sold for 890k, for a profit of 73,200.