Flip or Flop Review
For house-flippers Tarek and Christina El Moussa, you never know what's behind the walls.
With some unexpected costs of filling the pool outside, having to get rid of asbestos, and having to enlarge a window, the couple was in over their heads.
Tarek and Christina always has unexpected costs when they flip houses, and in this case, it cost them $11,500 more than projected.
The work overload caused Tarek to step in and help out to advance the renovation.
The contractor projected a 30 day flip, they finished the house in 40 days.
Even though they can't expect what could happen when they buy a run-down house, Tarek said "no risk, no reward."
Their risk ended up being beneficial for them, creating a reward of $55,000.
House flipping can be very risky, but for Tarek and Christina El Moussa, it can result in big rewards.
With some unexpected costs of filling the pool outside, having to get rid of asbestos, and having to enlarge a window, the couple was in over their heads.
Tarek and Christina always has unexpected costs when they flip houses, and in this case, it cost them $11,500 more than projected.
The work overload caused Tarek to step in and help out to advance the renovation.
The contractor projected a 30 day flip, they finished the house in 40 days.
Even though they can't expect what could happen when they buy a run-down house, Tarek said "no risk, no reward."
Their risk ended up being beneficial for them, creating a reward of $55,000.
House flipping can be very risky, but for Tarek and Christina El Moussa, it can result in big rewards.
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