Flip or Flop
| Flip or Flop | |
|---|---|
| Genre | Reality television |
| Country of origin | United States |
| Original language | English |
| Production | |
| Running time | 30 minutes |
| Original release | |
| Network | HGTV |
| Release | April 16, 2013 |
Flip or Flop is a television series airing on HGTV hosted by real estate agents and real life husband and wife, Tarek El Moussa (born August 21, 1981) and Christina El Moussa (born July 9, 1983).[1]
Premise
The El Moussas were both Real Estate agents prior to the real estate crash in 2008, and began flipping homes.[2] Most of the properties are located in Orange County, California.[3]
One day in 2011, Tarek asked a friend to help him make an audition tape for HGTV. The friend filmed an entire episode of the process of house flipping from start to finish. The audition tape was sent to HGTV and they were interested in talking to the couple. In 2012, HGTV signed the couple to a regular weekly program that shows the process of buying distressed property and renovating it.[4] In an interview for Variety Magazine, Christina said "each episode shows things that can go wrong, and do go wrong".[5]
Christina’s real estate expertise is primarily in design and she works with Tarek to find and renovate homes. She handles the designs of the new spaces and keeps everything on schedule.
The show follows them as they buy homes, typically bank-owned, short sales, or foreclosures to renovate and resell.[6]
Hosts
Personal Life
Christina was born in Anaheim and grew up in Anaheim Hills, CA.[7] She went to school in southern California and began working in the real estate industry right after college, where she met her husband, Tarek. Tarek El Moussa earned his real estate license at twenty-one years of age.[8]
Tarek and Christina were married in 2009 and currently live in Yorba Linda, California. They have a daughter named Taylor and son named Brayden.[9]
Tarek and Christina were selling real estate and were selling millions of dollars worth of upscale homes in the southern California area.[10] When the housing market plummeted after the October 2008 stock market crash, they went from living in a $6,000 per month home to a $700 per month apartment.
Tarek was diagnosed with thyroid cancer in 2013 when a viewer of the TV show noticed a lump on his thyroid gland and wrote in to say that he should have it checked. After testing, the doctors found that the lump was cancerous and he was scheduled for immediate surgery.[11]
Real Estate Career
Today the couple runs a real-estate agency, called Tarek and Christina: The El Moussa Group, in Orange County, CA, an area with one of the largest foreclosure rates in the country.[12] Tarek, Christina and their business partner, Pete De Best, bought their first investment house in Santa Ana for $115,000. After selling the property for a profit of $34,000, the trio split the money and have continued to flip houses, expanding their real estate investing business into Arizona and Nevada.[13]
Real Estate Training Workshops
The couple leads Success Path Education, a real estate investment seminar series held at locations across North America for aspiring investors.[14] During these workshops, the couple explains the entire process of house flipping to potential investors. They try to help new investors avoid common mistakes when flipping houses.
Today the couple has successfully flipped hundreds of homes, and with each deal they have refined their house-flipping system and broken it down into a series of repeatable steps. Their system helps to maximize profits, reduce expensive mistakes and get the best overall profits from every deal.
Since Tarek and Christina started coaching a few years ago, Success Path has become one of the most popular real estate training workshops in North America.[15]
Series overview
| Season | Episodes | Originally aired | ||
|---|---|---|---|---|
| Season premiere | Season finale | |||
| 1 | 13 | April 16, 2013 | May 28, 2013 | |
| 2 | 14 | April 8, 2014 | July 8, 2014 | |
| 3 | 15 | October 7, 2014 | ||
Season 1
| Season # | Series # | Title | Original air date | Cost of home ($) | Closing cost ($) | Rehab cost ($) | Sale price ($) | Profit/loss ($) | Contractor | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | "The Foreclosure Heebie-Jeebies" | April 16, 2013 | 275,000 | 22,000 | 53,000 | 405,000 | + 55,000 | Daniel Messina | |
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| 2 | 2 | "Vandalized Foreclosure" | April 16, 2013 | 430,000 | 26,000 | 29,000 | 560,000 | + 65,000 | Daniel Messina | |
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| 3 | 3 | "Awkward Floor Plan" | April 23, 2013 | 393,000 | N/A | 37,387 | 510,000 | + 79,613 | Daniel Messina | |
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| 4 | 4 | "Double Trouble Flip" | April 23, 2013 | 280,000 | N/A | 117,000 | 512,000 | + 115,000 | Daniel Messina | |
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| 5 | 5 | "Underwater Flip" | April 30, 2013 | 490,000 | TBA | 33,900 | Unsold | TBD | Israel Battres | |
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| 6 | 6 | "Spanish Style Salvage" | April 30, 2013 | 208,000 | 20,600 | 57,935 | 360,000 | + 73,465 | Daniel Messina | |
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| 7 | 7 | "Inland Empire Cosmetic Nightmare" | May 7, 2013 | 180,000 | 12,000 | 53,200 | 290,000 | + 44,800 | Daniel Messina | |
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| 8 | 8 | "The Bungalow Gamble" | May 7, 2013 | 182,000 | 20,600 | 53,000 | 320,000 | + 66,200 | Daniel Messina | |
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| 9 | 9 | "Flop House Flip" | May 14, 2013 | 210,000 | 17,500 | 83,000 | 368,500 | + 58,000 | Israel Battres | |
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| 10 | 10 | "Facelift Flip" | May 14, 2013 | 200,000 | 13,000 | 46,000 | 330,000 | + 71,000 | Israel Battres | |
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| 11 | 11 | "A Flip With A View" | May 21, 2013 | 540,000 | TBA | 72,000 | Unsold | TBD | Israel Battres | |
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| 12 | 12 | "The Moldy Mess" | May 21, 2013 | 385,000 | 25,000 | 66,000 | 530,000 | + 54,000 | Israel Battres | |
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| 13 | 13 | "Keeping Up With The Joneses" | May 28, 2013 | 386,000 | TBA | 169,000 | Unsold | TBD | Israel Battres | |
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Season 2
| Season # | Series # | Title | Original air date | Cost of home ($) | Closing cost ($) | Rehab cost ($) | Sale price ($) | Profit/loss ($) | Contractor | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 14 | "Foreclosure Shock" | April 8, 2014 | 410,000 | 35,000 | 123,000 | 685,000 | + 117,000 | Israel Battres | |
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| 2 | 15 | "Unfinished Flip" | April 15, 2014 | 315,000 | 25,000 | 75,000 | 510,000 | + 95,000 | Israel Battres | |
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| 3 | 16 | "Nothing But Potential" | April 22, 2014 | 406,000 | 30,000 | 174,700 | 700,000 | + 89,300 | Israel Battres | |
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| 4 | 17 | "Too Small to Fail" | April 29, 2014 Parents Loan > | 275,000 15,000 | 22,000 | 42,750 | 420,000 | + 62,000 | Israel Battres | |
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| 5 | 18 | "Dirty, Dated and Undesired" | May 6, 2014 | 330,000 | 20,000 | 60,000 | 500,000 | + 90,000 | Israel Battres | |
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| 6 | 19 | "Flipper vs. Flipper" | May 13, 2014 | 680,000 | 51,300 | TBA | 880,000 | + 34,000 | Israel Battres | |
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| 7 | 20 | "A Barnyard Dance" | May 20, 2014 | 565,000 | TBA | 103,100 | TBA | Left Unanswered | Israel Battres | |
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Note: During Flip out Flop Follow Up, Taking Risks episode it was revealed that this house sold for 715,000 for a profit of 4,600. | ||||||||||
| 8 | 21 | "Hard Money Blues" | May 27, 2014 Hard Money Loan > | 625,000 25,600 | 40,000 | 168,000 | 940,000 | + 81,400 | Israel Battres | |
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| 9 | 22 | "Loud, Louder, Loudest" | June 3, 2014 | 440,000 | 24,000 | TBA | 643,000 | + 96,000 | Israel Battres | |
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| 10 | 23 | "A Neglected Flip" | June 10, 2014 | 325,000 | 14,500 | TBA | 456,000 | + 73,900 | Israel Battres | |
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| 11 | 24 | "Ranch House of Ruin" | June 17, 2014 | 345,000 | 25,000 | 60,000 | 510000 | + 80,000 | Israel Battres | |
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| 12 | 25 | "Mid-Century Flip" | June 24, 2014 | 520,000 | 30,000 | TBA | 725,000 | + 39,000 | Israel Battres | |
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| 13 | 26 | "A Risky Flip" | July 1, 2014 | 350,000 | 17,000 | 73,000 | 499,900 | + 59,900 | Jeff Lawrence | |
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| 14 | 27 | "Hilltop Hangup" | July 8, 2014 | 560,000 | TBA | 67,000 | Unsold | TBD | Steve Cederquist | |
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Season 3
| Season # | Series # | Title | Original air date | Cost of home ($) | Closing cost ($) | Rehab cost ($) | Sale price ($) | Profit/loss ($) | Contractor | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 28 | "Cracked Flip" | October 7,2014 | 555,000 | No Closing Cost 10,000 escrow fees | 103,400 | 730,000 | + 61,600 | Israel Battres | |
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| 2 | 29 | "Toxic Flip" | April 7, 2015 | 255,000 | 15,000 | 62,900 | 429,900 | + 97,000 | Steve Cederquist | |
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| 3 | 30 | "Custom Craftsman" | April 14, 2015 | 410,000 | 25,000 | 125,000 | 625,000 | + 65,000 | Israel Battres/ Jessie Rodriguez | |
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| 4 | 31 | "Abandoned Flip" | April 21, 2015 | 235,000 | 20,000 | 100,000 | 410,000 | + 55,000 | Israel Battres | |
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| 5 | 32 | "Junk Yard Flip" | April 28, 2015 | 307,000 | 20,000 | 33,428 | 409,900 | + 49,472 | Jeff Lawrence | |
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| 6 | 33 | "Pipe Dreams" | May 5, 2015 | 400,000 | 20,000 | 44,600 | 550,000 | + 85,400 | Steve Cederquist | |
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| 7 | 34 | "Freeway Flip" | May 12, 2015 | 400,000 | 25,000 | 71,250 | 595,000 | + 98,750 | Steve Cederquist | |
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| 8 | 35 | "No Risk, No Reward" | May 19, 2015 | 415,000 | 20,000 | 85,300 | 559,000 | + 38,700 | Don Jensen | |
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| 9 | 36 | "Too Good To Be True" | May 26, 2015 | 385,000 | 22,000 | 52,000 | 549,900 | + 90,900 | Israel Battres | |
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| 10 | 37 | "A Flip With The Enemy" | June 2, 2015 | 435,000 | 25,000 | 65,600 | 599,900 | + 74,300 | Akeli Slade/ Jeff Lawrence | |
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| 11 | 38 | "Big Lot, Little Flip" | June 9, 2015 | 272,000 | 26,000 | 105,300 | 400,000 | - 3,300 | Jeff Lawrence | |
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| 12 | 39 | "The Money Pit" | June 16, 2015 | 315,000 | TBA | 60,000 | Unsold | TBD | Steve Cederquist | |
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| 13 | 40 | "Thrifty vs Glitzy" | June 23, 2015 | 400,000 | 19,200 | 40,700 | 524,900 | + 65,000 | Jeff Lawrence | |
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| 14 | 41 | "A Dinky Flip" | June 30, 2015 | 319,000 | TBA | 54,300 | Unsold | TBD | Steve Cederquist | |
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| 15 | 42 | "Pig In A Poke" | July 07, 2015 | 332,000 | 20,000 | 75,400 | 482,500 | + 55,100 | Steve Cederquist | |
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Spin off
Flip or Flop Follow-Up premiered July 14, 2015.[19] The show revisits old house flips from previous episodes. The series goes deeper into the issues with the individual flips, and shows previously unaired footage. The series also updates on houses that remained unsold at the time of the original production. These three stories including a successful flip, a flop and a follow-up that ends with Tarek and Christina revisiting one of their house flips.[20]
References
- ^ Lewis, Raha (September 10, 2013). "Flip or Flop Host Tarek El Moussa Battling Thyroid Cancer". People. Retrieved October 24, 2013.
- ^ "Is HGTV's "Flip or Flop" real?". Webuyuglyhouses.com. Retrieved May 16, 2015.
- ^ "Tarek and Christina". Tarek and Christina Buy Houses. Retrieved 30 July 2015.
{{cite web}}:|first1=missing|last1=(help) - ^ "Tarek & Christina El Moussa Make The Decision To 'Flip Or Flop'". MyFoxLA.com.
- ^ Hendrickson, Paula (October 14, 2014). "HGTV's Stars Boast Real Expertise in Their Fields". Variety.com.
- ^ "Local couple star in HGTV reality show on flipping houses - The Orange County Register". ocregister.com. Retrieved May 16, 2015.
- ^ "Local couple star in HGTV reality show on flipping houses - The Orange County Register". ocregister.com.
- ^ "Tarek El Moussa Bio". HGTV.
- ^ "Christina El Moussa Bio". HGTV.com. Retrieved 2015-04-03
- ^ "Flip or Flop: Tarek and Christina El Moussa". youtube.com.
- ^ "Flip or Flop Host Tarek El Moussa Battling Thyroid Cancer". People Magazine. 10 September 2013. Retrieved 2015-06-05.
- ^ http://www.realtytrac.com/news/foreclosure-trends/los-angeles-foreclosure-activity-down-18-percent-in-february/
- ^ "Local couple star in HGTV reality show on flipping houses". The Orange County Register.
- ^ "Tarek and Christina | Success Path Education". successpatheducation.com. Retrieved 2015-04-03.
- ^ http://www.successpatheducation.com/tarek-and-christina/
- ^ "Flip or Flop". HGTV. Retrieved 6 July 2015.
- ^ 8. No Risk, No Reward
- ^ Season 3 Episode 8
- ^ Flip or Flop Follow Up
- ^ Flip or Flop Follow-Up
External links