The truth behind these profitable ‘Flip or Flop’ houses
House flipping is the process of buying real estate, fixing it up, and then reselling it for a higher value. HGTV’s ‘Flip or Flop’ hosts Christina Anstead and Tarek El Moussa may have divorced in 2016, but they still make a good team when it comes to flippin’ SoCal homes. Sure, they have flops, but their impressive flips make up for it. Read on to find out what their most profitable flip from seasons one through seven was!
30. Garden Grove, California — $90,000 profit
“Dirty, Dated and Undesired”
In this episode, Tarek and Christina get into a lot more work than they originally expected. That’s what it’s like with house flipping sometimes! The flippin’ pair first spotted the Garden Grove, California, listing online set for auction.
From the outside, the home looked like it just needed some fixing up on its exterior. That didn’t end up being the case. There was an “unusual” auction and then a lot of issues — it was dirty, dated, and undesired.
NEXT: Tarek and Christina have to clean up after partiers.
29. Anaheim, California — $90,900 profit
“Too Good To Be True”
House-flipping gurus Tarek and Christina find an Anaheim home in Orange County in good condition. Compared to other homes in the area, it’s priced “aggressively.” It seems like it’ll be a simple and fast flip — too good to be true!
When they come back after buying the home, they find out someone had a party and left the place a mess. Tarek and Christina sold the property for $549,900. After investing $437,000 and closing costs of $22,000, the pair made a $90,900 profit.
NEXT: Problems with this house started immediately.
28. Chino, California — $92,100 profit
“Trickle Down Flip”
This home in Chino was run-down and overgrown — in need of some serious cosmetic uplift. Tarek and Christina feel this’ll be a very profitable flip — and it is in the end — but getting there turns out to be harder than expected. Problems with the home start immediately.
Wood is rotting and falling apart, floors and walls are replaced, the kitchen and multiple amenities are upgraded, and a lot more. Tarek and Christina sell the home for $425,000 after sinking $314,900 into it.
NEXT: The home’s poor condition prevents Tarek and Christina from looking inside.
27. La Puente, California — $92,800 profit
“Of Wreck and Ruin”
Tarek and Christina buy this home from its owner. It’s in poor condition — and occupied by tenants — so Christina and Tarek aren’t able to look inside the home. That doesn’t stop them from kicking out the tenants so they can flip for a $90K+ profit!
In the house flipping business, it’s considered risky to purchase a home sight unseen. Things could turn out pretty good, though. In this case, Tarek and Christina walked away with a profit of $92,800 after investing $352,200 and selling the home for $460,000.
NEXT: This home’s structural issues proved challenging to Tarek and Christina.
26. Anaheim, California — $94,700 profit
Christina and Tarek find out about a three-bedroom, two-bath house in Anaheim, California. (Just a hop, skip, and jump away from Disneyland!) The home seems to be in great shape (don’t they all?) and has had some significant renovations done. However, it has structural problems.
Structural problems can be pretty complicated when it comes to flipping homes. Things got hairy but the couple made out with a bigger profit than the home in La Puente! After putting $435,300 into it, Tarek and Christina sold it for $550,000.
NEXT: A flipper unloads an unprofitable project to Christina and Tarek.
25. Lakewood, California — $95,000 profit
Tarek and Christina have their work cut out for them in this flip … They’re contacted by another flipper who’s looking to get rid of a project they can’t afford. This house in Lakewood might scare away most flippers, but not Flip or Flop’s hosts.
The house has nothing — no bathrooms, no kitchen, no nothing. Just plywood floors, exposed framing, and piles of rubble. Our flippin’ heroes make out OK with $95,000 in profits. Good job, y’all!
NEXT: This neighborhood was hot for flipping.
24. Garden Grove, California — $96,200 profit
“Hot Market, Fast Flip”
It seems like Tarek and Christina got pretty lucky with the costs they procured on this home. At the time of airing, the neighborhood of Garden Grove was particularly “up-and-coming” (aka gentrifying). Buying it for what they did is considered a DEAL, kids.
Of course, there’s the tension of if they’ll keep the flip on schedule or not. But of course our flippin’ heroes make it out all right with a $96,200 profit, after investing $413,000 and selling for $530,000.
NEXT: A house on a busy and noisy street isn’t always the most profitable.
23. Hawthorne, California — $96,900 profit
“Loud, Louder, Loudest”
Home buyers typically want to find a property in a quiet part of town. This home in Hawthorne doesn’t quite fit that bill. After receiving a call from an agent with this Hawthorne listing, Tarek and Christina find out where all the racket is coming from.
The home is on a busy street, next to an airport and an elementary school full of noisy children. Christina and Tarek cut through the noise to turn a profit of $96,900, after buying it for $440,000 and selling for $643,000.
NEXT: Sometimes a risk — if calculated — ends up paying off.
22. Garden Grove, California — $97,000 profit
At this point, Tarek and Christina are strangers to buying a home sight unseen. This particular Garden Grove home has boarded-up windows and is in poor condition. They can’t see what the interior is like but they go for it anyway. They figured since they’ve done well in Garden Grove …
They figured they’d do well again! It’s a risk, but a calculated one that ends up paying off for the Flip or Flop crew. Tarek and Christina put in $317,900 for a sell of $429,900 that gave them a $97,000 profit.
NEXT: Old homes have charm, yet plenty of problems.
21. Anaheim, California — $98,750 profit
Tarek and Christina head into a historic neighborhood of Anaheim for a flip on an old house. Old homes can have a lot of charming qualities but they can also have a host of problems that’ll set back any flipper time- and money-wise.
Although priced well, it needs a lot of renovation to be a profitable flip. After investing $471,250 and closing costs of $25,000, the home sold for $595,000 and profited $98,750.
NEXT: Christina sits this one out — will Tarek be able to turn a profit?
20. La Habra, California — $99,000 profit
Tarek’s friend Pete DeBest calls him up with an offer he can’t refuse. It’s a “smoking deal” on a La Habra house and Pete wants to go in with Tarek 50/50. To make work a little more hectic, Christina is busy with new baby Brayden.
The boys go in on this flip without Christina. They’re 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.
NEXT: The big backyard in this home gives the potential for something extra.
19. Garden Grove, California — $100,900 profit
“Addition and Subtraction”
Tarek and Christina are flipping a lot of homes in Garden Grove, no? It’s probably prized to flippers (at least when season six was filmed) because it was an “up-and-coming” neighborhood in Southern California.
The house needs tons of renovation. However, Tarek and Christina see potential for an add-on in its big backyard. After investing $449,000 and closing costs of $20,000, the home sold for $569,900.
NEXT: Like Garden Grove, this Southern California neighborhood is hot for flips.
18. Torrance, California — $103,000 profit
The city of Torrance in California was an exploding market — at least when this episode of Flip or Flop was being filmed. The house Tarek and Chirstina found in Torrance was in rough shape, with foundation issues, but the pair made out with a good profit.
After dumping $392,800 into the property, Christina and Tarek eventually made a profit of $103,000. The profit and $515,000 selling price weren’t revealed on the actual episode, but later on Flip or Flop Follow-Up.
NEXT: After buying sight unseen, Tarek and Christina are in for a surprise.
17. El Monte, California — $104,100 profit
“False Start Flip”
Tarek and Christina check out a house in El Monte and view the outside of the house before making an offer. They think they’re getting the home for a good price, but they change their tune when they see the inside. Which is kind of ugly.
It seems like Tarek and Christina keep taking risks when they can’t look inside homes, but thankfully — at least for this one — they make a pretty sweet profit of $104,100. Investments totaled $455,800 and the home sold for $579,900.
NEXT: Midcentury in Garden Grove? Yes, please!
16. Garden Grove, California — $104,950 profit
Midcentury architecture has plenty of fans — meaning this Garden Grove home Tarek and Christina found could sell for top dollar. It ends up getting them a profit of $104,950, but they weren’t sure it was a moneymaker at first.
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. The bio for the episode on HGTV reads that the pair is left wondering if they can “talk the seller down to a lower asking price.”
NEXT: This home might scare away most flippers.
15. Whittier, California — $105,700 profit
“Down to the Studs”
The home in Whittier that Tarek and Christina get a lead on is one that would scare away a lot of flippers. As you’re learning going through this list, these two aren’t regular flippers. These are folks that are going to take some risks.
Even if it might cost them! Once renovation begins — get this, you’ll never believe it (*sarcasm*) — there are a bunch of expensive surprises. But our HGTV heroes make out OK with a $105,700 profit after a $470,500 sale and $344,800 investment.
NEXT: This home didn’t fit Torrance home buyers’ luxury standards at first.
14. Torrance, California — $106,700 profit
This Torrance home just miles from the ocean and upscale beach communities makes it a perfect home for flipping. Or does it? Buyers looking for new digs in Torrance DEMAND luxury, and this house doesn’t quite fit the bill — at least not yet.
There’s a backyard — a luxury to some — but it’s small and tiered. Not quite Torrance material. Tarek and Christina go full out and make the yard space into an entertainer’s dream, selling the home at $1.2 million and profiting $106,700.
NEXT: Foundation issues make this flip a close call.
13. Fullerton, California — $107,650 profit
“Labor of Love”
If a lead seems too good to be true, it probably is. That’s the case with this Fullerton, California, home that Tarek and Christina find. The pair was pumped on the house’s price but not all the cracks it has.
Oh, and don’t forget about the foundation issues. On top of a stressful project, Christina is getting closer and closer to her due date. Fortunately, the pair made a $107,650 profit after a $1,260,000 sale and investing $1,112,350.
NEXT: The workshop space in this home makes it an interesting selling point.
12. Garden Grove, California — $110,800 profit
It’s a return to Garden Grove for Christina and Tarek! They have had a lot of luck in this neighborhood just southwest of Disneyland. However, every flip can be risky if not done right. This property has an interesting selling point — a workshop.
Like all of their flips, there are some hiccups here and there. In this episode, it’s a permit issue. Our flippers persevere and are able to turn a $110,800 profit after investing $419,200 and selling for $550,000.
NEXT: Getting permits is made difficult because of this home’s strange rooms.
11. Garden Grove, California — $110,900 profit
“Doll House Flip”
Back to Garden Grove they go after a homeowner contacts the pair about a home they’re desperate to get off the market. They find that this home is a bit dated (and creepy) and has some strange rooms that could make getting permits a bit difficult.
This is a challenge that Tarek and Christina can take, however. They make out with a $110,900 profit after investing $527,100 and selling the property for $660,000.
NEXT: At the time, this was the most they’d paid for construction.
10. Garden Grove, California — $115,000 profit
There was some major drama with this flip. Tarek and Christina bought the foreclosed house at $280,000 — which seems like a good price — until they see the inside of the property. (Buying sight unseen is extremely risky in flipping.) There’s no master bedroom, first of all.
The kitchen needs a complete remodel. Then the backyard needs renovating, as well as the pool and pool house. They were bid $80,000 for construction — which is the most they’d spent thus far. However, they were able to yield a profit of $115,000.
NEXT: No more Orange County foreclosures to sweep up.
9. Glassell Park, California — $117,000 profit
This flip takes Tarek and Christina to the northeast Los Angeles neighborhood of Glassell Park — Orange County was fresh out of foreclosures. They bid on the house sight unseen (again) because it’s too far away from their home to go look at.
And — surprise! — the interiors aren’t what they thought they’d be. (Has this happened before or am I having déjà vu?) Fortunately, they made out OK with a $117,000 profit after a $685,000 sale and $35,000 closing costs.
NEXT: The interior renovations caused some hiccups during this flip.
8. Long Beach, California — $121,000 profit
This episode takes place in rapper Snoop Dogg’s hometown of Long Beach, California. (Snoop isn’t in this episode, don’t get confused now.) This home is a split-level situation that’s unique among the other nearby homes. The small backyard starts to look great during renovation.
There are some hiccups in the interior renovation but Tarek and Christina make it through with a big ol’ profit of $121,000 after investing $593,800 and selling the property for $745,000.
NEXT: Just because the house is in good shape doesn’t mean it’ll be a profitable flip.
7. Santa Ana, California — $123,650 profit
Christina and Tarek take a peek at an off-market listing in Santa Ana. It’s in good shape with “strong comparable sales in the area,” says the episode recap on HGTV.com. Any good flipper knows that all this isn’t a guarantee for profitability, though.
Like any major home renovation, there are some issues and mistakes that mess up Christina and Tarek’s plans a bit. They walk away with $123,650 in profits after investing $404,350 and selling the home for $550,000.
NEXT: Tarek and Christina head into this upscale, gated community.
6. Anaheim Hills, California — $130,550 profit
A lead from an investor leads Christina and Tarek to a flippable home in an upscale, gated community in Anaheim Hills. This is a big ol’ expensive flip and it fortunately lets Christina and Tarek walk away with some big profits. Flips like this aren’t always easy.
“A large, expensive flip can mean equally large profits, but it also takes time and even the littlest mistake is magnified,” reads the episode recap on HGTV.com. 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.
5. Orange, California — $154,000 profit
There’s a lot going on in this episode. Tarek and Christina take on a three-level, four-bedroom home that has a dated interior plan and a slew of other problems. On top of that, Christina’s new boyfriend might be impacting her work with Tarek.
As we all know, Tarek and Christina divorced in 2016 but decided to keep working on Flip or Flop together. It seems like an impossible feat for some divorcees, but this pair makes it work to the tune of a $154,000 profit.
NEXT: This was their priciest flip at the time.
4. Yorba Linda, California — $167,500 profit
“Million Dollar Flip”
The house flippin’ pair finds a short-sale listing in Yorba Linda, an upscale neighborhood in Orange. (Its name translates to “beautiful Yorba” in Spanish. The more you know …) The asking price was just below $1 million, making it their priciest flip.
At least, the priciest within seasons one through four. It’s also the riskiest they’ve taken on within those seasons! After sinking $1,132,500 in the renovation, they do pretty well with a $167,500 profit after a $1,350,000 sale.
NEXT: This was much more expensive than the projects Christina and Tarek usually take on.
3. Costa Mesa, California — $167,600 profit
“Big Money Flip”
An out-of-state seller contacts Christina and Tarek about a property in Costa Mesa. It’s an older, family home that’s large and in good condition. However, this midcentury modern home is more expensive than projects they usually take on.
After renovating, Christina and Tarek sell the home for $1,149,000 after investing $926,400 and closing costs of $55,000. The pair made a total profit of $167,600. Not too shabby, my friends.
NEXT: The large lot in the back of the property has potential for BIG money.
2. Buena Park, California — $198,200 profit
“Double Lot Limbo”
We’re getting down to the BIG moneymakers now, baby! This Buena Park home has a large lot in the back. Christina and Tarek are thinking that they could sell the lot separate from the house itself and make some extra moola.
Challenges this episode are the house’s strange layout and permits. Nothing that Christina and Tarek can’t get past! They run away with $198,200 after investing $593,800 and selling the lot for $250,000 and the home for $567,000.
NEXT: Christina and Tarek make a bunch of money going into an unfamiliar neighborhood.
1. Arcadia, California — $211,200 profit
“New Normal in Arcadia”
Nope, they’re not in Garden Grove or Torrance this time. On “New Normal in Arcadia,” Christina and Tarek enter Arcadia, a neighborhood that’s unfamiliar to them. The flip is made a bit complicated when their visions for the renovation don’t align.
To break even, Christina and Tarek had to sell for $938,800 — let’s just say, the pair more than breaks even! 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.