Tarek and Christina are contacted by their friend and fellow flipper, Jessie Rodriguez, who has purchased a craftsman style home in an historic area of Santa Ana, California. While Jessie specializes in renovating older, architecturally significant homes, Tarek and Christina are experts at bringing in a flip on schedule and on budget. It will take both skillsets to finish and sell this project for a profit, and Jessie is hoping to strike a partnership. Can Tarek, Christina, and Jessie combine the speed and cost of a flip with the detailed craftsmanship of a renovation to deliver on this custom craftsman flip?
Tarek and Christina get a lead on a short sale property in Long Beach, California that looks like a promising investment project, save for one small issue: the massive renovations the previous owners began are only partly finished. With the house in various states of disrepair, Tarek and Christina are excited to have a clean slate for design but cautious about the problems that could be lurking in a homeowner's do-it-yourself renovation. Can Tarek and Christina bring this abandoned home out of renovation limbo or could their own rehab woes turn this project into an abandoned flip?
Tarek and Christina come across a listing for a newer home in Yorba Linda, California that has great potential but has seen better days. The owner is motivated to sell quickly which could yield an enticing deal; but it also means Tarek and Christina won't have much time to inspect if they want to wrap up this investment property. The home is newer and will require mostly cosmetic fixes, but a series of cracks inside and outside have piqued Tarek and Christina's interest. Can they handle the problems hidden throughout this house or will they crack up before they can finish this cracked flip?
Tarek and Christina get a lead on a small and outdated property in Downey, California that has potential to be a fast, cosmetic flip. Tarek believes the reward will outweigh the risk and they buy the property. But as renovation begins, problems and disagreements rise to the top. Will this project prove the rule that good things really do come in small packages or could it be Tarek and Christina that are left feeling small after this dinky flip?
Tarek and Christina get a lead on a small house that's aggressively priced and could be a lucrative deal based on comparable sales in the neighborhood. They go to inspect the house before making a decision and find it boarded up and in rough shape. Despite its condition, the numbers are promising and they've done well in this area before. They decide to take the calculated risk and buy the home, its interior still sight unseen. Can Tarek and Christina keep this project under control to see risk through to reward or could hidden troubles turn this house into a toxic flip?
Tarek and Christina are contacted by friend and investor, Pete de Best. Pete has found a newer construction home in Orange, California that needs cosmetic updating and should prove to be a fast, simple flip. But while Tarek and Pete are ready to move quickly on their inexpensive game plan, Christina is not so easily convinced. Can the trio work together to turn this homely property around or will Tarek be left choosing sides in this battle of thrifty versus glitzy?
Tarek and Christina find a listing in Norwalk, California with such an attractive opportunity for profit based on comparable properties that they immediately make an offer on the property, sight unseen. With 48 hours to back out or complete the deal, they call in several contractors to walk the property and present a competitive bid. But as work on this weathered house begins, will Tarek and Christina be able to maintain their projected profit margin or will a bursting budget dig this flip into a money pit?
Tarek and Christina spot an interesting property in Long Beach, California as they peruse the day's listings. It's a very small house with a massive structure in the backyard and because the house is currently tenant-occupied, Tarek and Christina will have to make their buying decision without the benefit of personally inspecting the property. The potential value of the back structure is too much to pass up and Tarek and Christina make a deal to buy the property; but when they arrive as the new owners, they are shocked by what they find. Can Tarek and Christina transform this trash heap into a treasure trove or will they be left wishing they never laid eyes on this junk yard flip?
Tarek and Christina come across a For Sale By Owner property in Garden Grove, California. This type of sale is always exciting for a flipper because it means no real estate agent commissions and an opportunity to negotiate a fair sale price. The house is in good shape and looks to need only cosmetic repairs and improvements. But in the business of flipping, one can rarely judge an old house by its finishes and it is truly what's on the inside that counts. Can Tarek and Christina deal with the hidden problems of an old house or will their hopes of a fast and easy flip turn out to be nothing but pipe dreams?
Tarek and Christina are busier than ever with their growing business. As a result, when a fellow flipper contacts them about partnering on a house and he wants to split the time, money, and profit 50/50, they are very interested. But flipping is not a team sport; it's a competitive business and trade secrets are a closely guarded commodity. Can Tarek and Christina play both mentor and business partner? Will they all see eye to eye on budget and design, or could disagreement dissolve friendship and profit into a flip with the enemy?
Tarek and Christina find a clean house in good shape that is aggressively priced in comparison to comparable properties in the area. But the reality of a dream listing doesn't always live up to the hype so they head over to check out the house. It appears as good as advertised and Tarek and Christina quickly make an offer to snatch up this fast and simple cosmetic flip. But when they return as excited new owners a few days later, they are floored by what they discover. Can Tarek and Christina overcome a run of bad luck or will this once fast and easy flip prove some things are just too good to be true?
Tarek and Christina spot a new listing in Buena Park, California that's small and run down but sits on a very large lot, offering possibilities for added value and increased profit. With a low asking price compared to comparable properties, the house is already attracting interest from other investors. With no time for close inspection Tarek and Christina place an offer; but do they really know what they're getting into? Do good flips come in small packages or could a flop be at the end of the road of this big lot little flip?
Tarek and Christina spot a trust sale in Fullerton, California. It's tenant occupied which means they cannot inspect the house, but the numbers look good and after touring a comparable, renovated listing, they feel confident enough to make an offer. Tarek and Christina arrive at their new house ready to design but that will have to be put on hold as they could not have anticipated what they find. Can they keep this flip on track or will a bevy of surprise expenses deliver them a flop? Have Tarek and Christina fooled themselves into buying a pig in a poke?
Tarek and Christina get a lead on a home for sale in a historic neighborhood of Anaheim, California. It's well-priced but will need a lot of renovation work to be sure. And though old homes have a certain charm and character, they also tend to have a host of unknown problems and costs. Have Tarek and Christina finally taken one calculated risk too many? Can they bring this project in on time and on budget or is a flop looming over this freeway flip?
Tarek and Christina get a lead on a promising deal in Long Beach, California. Since the property is currently tenant-occupied, they can't inspect inside the house and their decision to buy will have to be made based on what they can see from the car. It's a gamble to be sure, but with comparable properties selling for nearly $100,000 above this home's asking price, it's an educated risk. Will Tarek and Christina choose to accept this mission or could their good fortune flip into a flop?
All New! Thursdays 9|8c