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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. In the Season 11 episode Enamored by the View, Haack and El Moussa purchase a house in San Clemente, CA, for $1.05 million. From the outside, the home looked like it just needed some fixing up on its exterior. With more glass, this view packs an even greater punch. This home in Hawthorne doesnt quite fit that bill. According to a thread posted to TalkIrvine.com, Tarek El Moussa himself set the record straight regarding the dramatics seen on the show. Its a steep purchase price, but the ocean view is well worth the money. Each episode is its own contained drama, so there's no need to run them chronologically. According to CNBC, the dynamic duo turned profits upwards of $30,000 per flipped home at the start of their careers, which is a lot of money. Tarek and Christina make $130,550 after a $1,400,000 sale and a $1,098,900 investment. Shortly after, El Moussa went to the doctor and discovered he had stage-three thyroid cancer. Back when they first started out, they were pinching pennies to make ends meet. Join the party! When the kitchen is finished, Haack is rightfully proud of her design. 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 series changed after they divorced, with the pair fighting and opening up about their issues. Post-Purchase Problems Season 7 Tarek and Christina head into a historic neighborhood of Anaheim for a flip on an old house. After investing $449,000 and closing costs of $20,000, the home sold for $569,900. "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." Yup, it's true. 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. Tarek and Christina are flipping a lot of homes in Garden Grove, no? They bought the property for $1.05million, which was complete with an ocean view but awful roof (in Tarek's eyes). Both parents are passionate about their kids and regularly post adorable snapshots of them on their social media pages. Dont worry, weve done some digging (not literally!). Hot Market, Fast Flip Season 6 Substitute Flip Season 5 The patio is covered in brick, and El Moussa wants to completely update the look. After 10 seasons, the final episode of Flip or Flop aired Thursday night. The home seems to be in great shape (dont they all?) When the show started in 2013, Tarek took to Talk Irvine to answer fans' questions. They might not be together anymore and both El Moussaand Christina Ansteadmay be in new relationships, but they seem to be happy as work partners. Lately, the hosts of Flip or Flop, Tarek El Moussa and Christina Haack, have been raking in the cash. Christina and Tarek take a peek at an off-market listing in Santa Ana. Have something to tell us about this article? So HGTV didn't give them their own show because they were the best but rather because they were able to start from the bottom and work their way up a true underdog story. Theyre able to pull off a $99,000 profit after investing $495,000, closing costs of $25,000, and selling the La Habra home for $619,000. On top of a stressful project, Christina is getting closer and closer to her due date. Breaking Up Season 4 El Moussa likes the look. Tarek and Christina take on a three-level, four-bedroom home that has a dated interior plan and a slew of other problems. They bought the property for $1.05million, which was complete with an ocean view but awful roof (in Tareks eyes). Most people wonder about the success rate of Tarek and Christina's flips. Additionally, El Moussa has his own show on HGTV, Flipping 101, which premieres in 2020. Fans also compared the Selling Sunset star with Tareks first wife Christina. Besides their jobs in real estate, El Moussa and Anstead are parents to two children,Taylor and Brayden, that they welcomed together before their divorce. They were transparent about the divorce on the show. Note: The house eventually sold for 690k, for a profit of 46k. 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. "Flip or Flop" ended after 10 seasons in March. 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. the interiors arent what they thought theyd be. NEXT: This homes structural issues proved challenging to Tarek and Christina. Note: Tarek and Christina worked with Pete de Best on a house that he bought. The brick adds a really cool, like, industrial touch, she says. They have had a lot of luck in this neighborhood just southwest of Disneyland. They find that this home is a bit dated (and creepy) and has some strange rooms that could make getting permits a bit difficult. What Im talking about is this entire patio, gone, rebuilt, El Moussa says. The house has a grand staircase with an impressive 20-foot ceiling. YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. Its a ton of money to tie up in a single house! For the bathroom, Haack shows El Moussa an off-white, textured tile that she proposes to put around the new bathtub. The major difference between The Flipping El Moussas and his past shows, especially with Christina's Flip or Flop, is Heather Rae El Moussa. NEXT: Foundation issues make this flip a close call. Were kind of going for an industrial-rustic look, Haack says when showing El Moussa the samples. They decide to replace the odd railing to modernize the space, then accentuate the high ceiling by creating a dramatic feature wall with wood and dark paint. (HGTV) While the flippers are technically splurging on the doors, they haven't forgotten what their budget is. NEXT: Like Garden Grove, this Southern California neighborhood is hot for flips. So Haack suggests adding dramatic colors. I mean, they get very sassy with each other and are constantly freaking out about their buys with a resounding, "WHAT?!" 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. Freeway Flip Season 3 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. Foreclosure Shock Season 2 When a fan asked if the auctions that are seen on the show are actually real, El Moussa answered, "Real estate auctions where we buy are real," adding, "I must have cashiers checks to buy cash (I lost a 20k check once that was a nightmare)!!" 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. However, he comes around when he sees one with touches of gold, which perfectly matches the wood flooring. 2023 GRV Media Ltd. All Rights Reserved. The show definitely changed El Moussa's life, and he's clearly thankful. 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. Then the backyard needs renovating, as well as the pool and pool house. What?! Tarek and Christina check out a house in El Monte and view the outside of the house before making an offer. Just plywood floors, exposed framing, and piles of rubble. The value is so high here that we can spend a lot of money, El Moussa says at the beginning of the project. he exclaimed on his page. With shows like Flip or Flop, there isn't really a running plot throughout the season. 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. However, that doesn't mean that the two are only in it for the money. and has had some significant renovations done. Fans were thrilled for Tarek to return to the network with a new real estate show. But that didn't last long. Probably not, because it literally happened just once. It seems like Tarek and Christina got pretty lucky with the costs they procured on this home. About 5.2 million reasons, to be exact. 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. Our flippers persevere and are able to turn a $110,800 profit after investing $419,200 and selling for $550,000. These are folks that are going to take some risks. 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. They turned a boring home into a modern, spacious place to live, including high ceilings and a sleek black kitchen. It's based on the British series "Unsellable". Loud, Louder, Loudest Season 2 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. Due to the high price of the house, El Moussa says, with closing costs and commission, the break-even price is $1,992,500. "This makes me so happy not for me but for my babies. They end up buying the white bifold doors, at $14,000 for the pair, instead of the black ones, which cost $18,000. From that, she earns $50,000 per episode, according to Country Living. Dirty, Dated and Undesired Season 2 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 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. Some fans also mentioned that the new show is similar to Flip or Flop: The first episode, titled Our First Flip, aired on Thursday. The major difference between The Flipping El Moussas and his past shows, especially with Christinas Flip or Flop, is Heather Rae El Moussa. However, that wasn't always the case for the former couple. We did not know how to pay our bills. 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. Do Not Sell; Part of the . Ryan Read, 31, a registered nurse, was watching a marathon day of season one earlier. Instead, both Flip or Flop stars have landed their own shows on HGTV. 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." Zillow estimates that the property is worth $2.3million today, at the same time its episode hit HGTV. NEXT: No more Orange County foreclosures to sweep up. May 20, 2014. Battres laughs, saying, Just the appliances are going to be, like, 15 grand!. 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. After putting $435,300 into it, Tarek and Christina sold it for $550,000. El Moussa and Haack spend a ton of money on this house, buying the place for $1.4 million and spending an additional $482,500the most theyve ever spent on a renovation, as El Moussa says, by far.. Tarek El Moussa and his second wife Heather Rae launched their show, The Flipping El Moussas, on Friday, March 3, 2023, on HGTV. Trickle Down Flip Season 4 [5]. Surrounded by ocean views, the property certainly came with its unexpected problems. Nope, theyre not in Garden Grove or Torrance this time. With Californias real estate market booming, it seems every house they renovate is selling fastand for top dollar. Flip or Flops Corona Del Mar beachfront turnaround left HGTV viewers hanging when they never found out what REALLY happened to that beautiful property. Jillian Pretzel is a Southern California writer who covers lifestyle, relationships, home, and money management. Fast-forward to today, Tarek and Christina have found themselves in the media more than usual and not for a particularly positive reason. Holy. Even for these experienced flippers, big gambles like this one dont always pay off. 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. Note: The initial profit was $34,000. Mar 30, 2022, 12:20 PM. Yikes. However, this midcentury modern home is more expensive than projects they usually take on. Yes, please! But, though viewers might assume that neither El Moussa nor Anstead have any interest in being on any more shows, that's far from true. 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. 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. However, once the brick is up, Haack realizes it isnt quite the color she expected. All rights reserved. The profit and $515,000 selling price werent revealed on the actual episode, but later on Flip or Flop Follow-Up. With four bedrooms and three bathrooms, Christina and Tareks efforts appear to have paid off, and for a big profit. But they were left disappointed after watching the first episode as they were not impressed with the presence of Selling Sunset star, Heather. Problems with the home start immediately. 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. NEXT: The big backyard in this home gives the potential for something extra. Of course, theres the tension of if theyll keep the flip on schedule or not. Specifically, at one property in Anaheim Hills, a family had been evicted from the home, but they didn't leave quietly. Although this may be their first flop in a while, their renovation does include plenty of cool upgrades you might want to try on your own abode. Challenges this episode are the houses strange layout and permits. "Flip or Flop" ended after 10 seasons in March. With a break-even price of $1,505,200, they listed the house for $1,999,000. "The Vampire Diaries": Nina Dobrev and Ian Somerhalder were involved with each other in a relationship that must have sucked just a little bit, as the two eventually parted ways. This episode takes place in rapper Snoop Doggs hometown of Long Beach, California. You could be the next HGTV star! Fav reno to date, fun, unique floor plan. Which part of the transformation is your favorite? 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! Once renovation begins get this, youll never believe it (*sarcasm*) there are a bunch of expensive surprises. Note: The house eventually sold for 890k, for a profit of 73,200. The show first aired in April 2013 and has taken off to be one of HGTV's most popular shows. While the show has been a huge success for HGTV . #HGTV #FlipOrFl. 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. House-flipping gurus Tarek and Christina find an Anaheim home in Orange County in good condition. Heather is so much nicer to him. If the couple keeps going the way they do, they might take over HGTV! 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. Double-Trouble Flip Season 1 After closing costs and commission, the house has a break-even price of $669,475.. 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. Flip or Flop: The Final Flip. But now? Exclusive . Did it ever sell? Like any major home renovation, there are some issues and mistakes that mess up Christina and Tareks plans a bit. However, it has structural problems. Anstead continued, "I have always been a huge supporter of female entrepreneurs #girlboss is my motto. Tarek and Christina check out a three bedroom, two bathroom home in Garden Grove, California, that is dirty with a mosquito-infested pool, but has the potential to be charming. Who could forget their adventure in trying to catch a chicken that was on a property they had purchased? NEXT: Just because the house is in good shape doesnt mean itll be a profitable flip. So, the flippers dole out another $1,000 to put in a glass wall. On top of that, Christinas new boyfriend might be impacting her work with Tarek. 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. And it's no surprise considering that anyone who is a fan of reality TVknows the network has produced many successful home renovation shows. TV Tarek El Moussa Thanks Christina Haack as 'Flip or Flop' Officially Ends. With the continued success of the show, Tarek and Christina have also tacked on a spinoff, Flip or Flop: Selling Summer. So, this is basically Flip or Flop, but with Heather instead of Christina. 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. Sure enough, after Tarek El Moussa and Christina Ansteaddivorced, the show went on. With a sale price of $940k, total investment of $848k, closing and loan costs of $72,400, the profit was $19,600. Flip or Flop was such a success that there are now several spinoffs of the show including Flip or Flop . Weve got all the juicy details. [9], Note: This house later sold for 588k, for a profit of 112,200. The setting: Buena Park, Calif. And it wasnt even that big of a loss, really. Heather and Tarek were seen renovating the house for buyers. Tarek and Christina sell the home for $425,000 after sinking $314,900 into it. 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. Samantha Grindell. HGTV The 2,200-square-foot duplex home featured four bedrooms and three bathrooms, and Christina and Tarek purchased it for $925,000. So, whileEl Moussa and Anstead may be successful and well-off now, they weren't always so lucky. A sophisticated home blending design with todays top tech in Naples, FL. When I was looking at the sample, I thought it was all just going to be bright white. He revealed, "This year 2013 we have closed 14 year to date and currently own 17 either listed, under construction or in escrow. 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. The new HGTV show is Tarek and Heathers first solo together. To finish the kitchen, Haack suggests adding a white brick backsplash. 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. The disaster took place way back in Season 3. So much money that some viewers might think all the profits they see on the show are exaggerated. And then, up there we can do white. While it is a rare circumstance, it also brings troubles - it seems like a new. This home in Chino was run-down and overgrown in need of some serious cosmetic uplift. Family-friendly programming, ladies and gentlemen! The house flippin pair finds a short-sale listing in Yorba Linda, an upscale neighborhood in Orange. Its weird because the stupid railing, like, bows out, El Moussa says when first touring the house. Note: This house later sold for 672,500, for a loss of 16,300. But that isn't to say they've always been successful, or that that's even why they landed Flip or Flop. While the flippers are technically splurging on the doors, they havent forgotten what their budget is. May 7, 2021. For $599,900, Flip or Flop viewers could buy this three-bedroom, two-bathroom home. They walk away with $123,650 in profits after investing $404,350 and selling the home for $550,000. Or did it end up being a total Flop in the ocean? False Things About Flip Or Flop You Can Stop Believing. This home is a split-level situation thats unique among the other nearby homes. 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. This color scheme also proves that a high-end, modern look doesnt always cost a fortune. On tonight's #FlipOrFlop, Christina & Tarek went all in and took this beach-adjacent fixer from awkward to awesome! Be the first one to comment on this story. As far as paint colors go, I really like the idea of doing this area right here black, she says, gesturing to the first floor. In 2019, El Moussa revealed he was cancer-free with a heartfelt Instagram post. 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. This particular Garden Grove home has boarded-up windows and is in poor condition. This tile isnt cheapat $14 a square foot, its certainly an extravagance. According to The Orange County Register, while "the El Moussas were paid $10,000 per episode," they didn't use that money to buy the houses that they flipped. Hoping to make a profit on their renovation, we saw the presenting duo and divorced couple get to work on the incredible home, which went from basic to beautiful, all in just an hour-long episode. They give the home a bold black and white upgrade, which looks great. But, according to El Moussa, that simply isn't the case. I didnt know it was going to have variation. In a 2013 TalkIrvine.com thread, viewers speculated about the validity of the series. He underwent treatment, getting his thyroid and several lymph nodes removed, as shared by Chasing the Cure. @tarekelmoussa you and Christina did an incredible job on the San Clemente house. So, what really happened to the Corona Del Mar home? 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. 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. "Flip or Flop" couple Tarek and Christina El Moussa announced this week that they've separated after nine years of marriage. In a video exclusive for HGTV, El Moussa revealed, "So, the craziest thing TV might've saved my life.". The premise is simple: Tarek and Christina buy houses often foreclosed or up for auction and flip them to sell. "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. In January 2017, El Moussa filed for divorce from Anstead, as reported byPeople. #FliporFlop. Imagine having a new show, new wife, new baby but all people can talk about is how your ex wife is so much better. Flip or Flo p aired its final episode on Thursday, December 1, 2022. This Torrance home just miles from the ocean and upscale beach communities makes it a perfect home for flipping. At the time of airing, the neighborhood of Garden Grove was particularly up-and-coming (aka gentrifying). They replace the red roof with a modern black one, and sure enough, it looks much better. They moved out of their house with a $6,000 monthly mortgage payment to a $700/month apartment with a roommate. They continued on with the series through its final run in 2013, which might have been awkward -- though perhaps not as awkward as the fact that they played siblings throughout their relationship. There was some major drama with this flip. Tarek El Moussa and Christina Anstead take some big risks and gambles, but they typically always come out on top. 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. Christina just used to sarcastically make fun of Tarek all episode . If they found a buyer for that price, they had the opportunity to make a profit of $493,800. The combination of black and white oak beautifully warms up a modern kitchen. In addition to the day-to-day stuff that goes with being working parents, El Moussa and Anstead have also worked on writing and publishing their own book, Flip Your Life, though, according to USA Today, the project was halted. The entire back wall of the kitchen is turned into slab with touches of gold, to match the flooring. Theres no sense in blocking a multimillion dollar view, even from the shower! It may seem like the pair is making a ton of money, and they are! The small backyard starts to look great during renovation. And in the bathroom, Christina puts a white, off-textured tiling in there, which costs $14 per square foot. That doesnt stop them from kicking out the tenants so they can flip for a $90K+ profit! Addition and Subtraction Season 6 Were getting down to the BIG moneymakers now, baby! They were bid $80,000 for construction which is the most theyd spent thus far. The 2,302-square foot property came with all new vanities, new fixtures, quartz counter tops and custom tiled showers, and much more. And the Flip or Flop star took her kids to the new digs in April after closing the deal. News, Season 7 of Flip or Flop had 19 million viewers, which is no small number. 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. (Snoop isnt in this episode, dont get confused now.) Of course, per The Orange County Register, the couple made $10,000 per episode at the start of Flip or Flop, so the money wasn't bad. Getty Images Christina Haack and Tarek El Moussa. "The Big Bang Theory": Johnny Galecki and Kaley Cuoco, dated while also playing a couple on the series. The flippin pair first spotted the Garden Grove, California, listing online set for auction. Then theres that whole bizarre walk-in-the-woods with a gun thing. You can often catch day-long marathons on weekends. NEXT: This was their priciest flip at the time. It makes you want to hang out outside, which, you know, thats what we were going for, the indoor-outdoor feel, Haack says. They run away with $198,200 after investing $593,800 and selling the lot for $250,000 and the home for $567,000. Jillian Pretzel is a Southern California writer who covers lifestyle, relationships, home, and money management. The house needs tons of renovation. Both Flip or Flip stars are passionate about what they do, and the money is just a perk. The kitchen needs a complete remodel. NEXT: This home has a dated interior plan and many other problems. "Flip or Flop" couple Tarek and Christina El Moussa announced this week that they've separated after nine years of marriage. 2023 Warner Bros. Note: The house later sold for $1,315,000 for a profit of $80,000.