The stars of “Flip or Flop,” Christina Anstead and Tarek El Moussa, have actually succeeded turning houses—however even they can get overwhelmed.
On the episode “Better Fast,” El Moussa and Anstead purchase a home in Water fountain Valley, CA, for $670,000.
Nevertheless, these flippers can’t pay money for your home, as they typically do, due to the fact that they’re dealing with a lot of houses simultaneously. They require to get a “tough cash loan,” which indicates high rates of interest and great deals of pressure.
El Moussa and Anstead understand they require to work rapidly to complete this home on budget plan, while still ensuring that the restoration looks fantastic.
Continue reading to discover how these 2 flip this home in record time, and get some motivation for fast repairs you may wish to try out your own house, too.
‘Street paint’ can make a home pop El Moussa and Anstead understood that they required to upgrade this brick exterior.HGTV
When El Moussa and Anstead very first trip your home, they aren’t impressed with the outside.
“The bricks are quite batter,” El Moussa states.
While Anstead wishes to cover the brick with wood-tone tile, El Moussa understands that the tile will cost about $3,000 to $4,000, excessive for their tight budget plan. So, he recommends a less expensive choice: paint.
However they do not utilize any old paint. They choose street paint, which is usually utilized for crosswalks, to make your home additional strong and intense. Utilizing this thicker, brighter paint might be a threat, however El Moussa and Anstead want to attempt it out.
Anstead didn’t get to utilize tile on the outside, however the white street paint looks amazing.HGTV
As soon as the brick is painted, the house is changed. The gleaming white on the brick and garage makes the structure stick out and provides it a fresh, modern-day appearance.
Even Anstead confesses, “I like the paint!”
High-end products can make any area appearance fantastic Absolutely nothing about this kitchen area was working for Anstead and El Moussa.HGTV
When they initially see your home, Anstead and El Moussa dislike the kitchen area. While the living-room has high, gorgeous ceilings, the kitchen area ceiling is low, making the area feel confined.
In the beginning, they wish to raise the ceiling, however they recognize that it will cost excessive to do all the structural modifications. So Anstead creates a strategy B.
“Considering that we can’t do the structural modifications that we wished to perform in the kitchen area, we are upgrading the product throughout your home,” Anstead states.
El Moussa selects the more secure tile design—and it pays off.HGTV
Anstead selects a gray counter top and lets El Moussa pick a stunning patterned backsplash. While the kitchen area style is foreseeable, El Moussa understands that the high-end products will draw in purchasers.
When the elegant restoration is ended up, the awkwardly low ceiling is hardly obvious.
For a fireplace, tile is the brand-new brick This fireplace brick was even worse than the outside brick.HGTV
While painting the outside brick does marvels for this house’s curb appeal, Anstead and El Moussa choose to utilize a various method for the brick fireplace.
Rather of painting the fireplace, they cover the brick with a modern-day gray tile. It’s so gorgeous, in truth, that El Moussa proposes that they construct it approximately the ceiling.
With tile extending to the ceiling, this fireplace makes the entire space appearance larger.HGTV
The tiling will take an additional 5 days, however Anstead and El Moussa don’t mind investing the additional money and time.
“I believe, in this case, it’s worth it to take the additional couple days,” Anstead states.
When the fireplace is ended up, it looks remarkable. The floor-to-ceiling tile makes the entire home feel grand.
Have fun with area to make a restroom look larger This restroom was dated and set out poorly.HGTV
El Moussa and Anstead understand that purchasers like high-end restrooms, so it’s a pity that the restrooms in this home are so little and awful.
Nevertheless, El Moussa and Anstead do discover some methods to make these areas appear larger. In one restroom, they reorganize the shower and toilet, leaving space for a big shower and a double vanity. Then, El Moussa creates a tile flooring technique to provide the impression of a broader area.
With a couple of modifications, the restroom now looks great!HGTV
“If we’re doing the long gray tile on the flooring,” El Moussa states, “what if we ran it on the flooring and after that ran it on the wall behind the vanity?”
Anstead likes the concept of extending the tile, and when the tiling is ended up, she enjoys the method it looks.
“In fact, the restroom is my preferred part of your home,” she states.
Well-trimmed trees can truly include worth to a lawn These trees were thick, and made the backyard appear much smaller.HGTV
El Moussa and Anstead are enjoyed discover that this home has a yard. Nevertheless, the backyard is little, and it appears even smaller sized with 2 thick trees using up a lot space.
“This tree’s taking control of the whole backyard,” Anstead states, when she steps onto the yard and sees the big avocado tree.
While eliminating the undesirable trees would make the backyard appearance much bigger, Anstead and El Moussa choose rather to cut them.
After the trees have actually been trimmed, this backyard looks huge.HGTV
Keeping the trees has its disadvantages, because it leaves less space for including a swimming pool or patio. Still, for these flippers, keeping the trees reduces restoration expenses, conserves time, and includes worth to the house.
As soon as the trees are cut, Anstead and El Moussa enjoy with their choice.
“We have a complete, truly incredible avocado tree out there. This is really a huge selling function,” Anstead states.
Is this a flip or a flop?El Moussa and Anstead understand from the extremely starting that this is a high-risk home. They purchase the house for $670,000, and quote that restorations will cost about $75,000 and take 3 months.
Regrettably, they discuss budget plan, investing a massive $100,000 on restorations. They likewise go 3 weeks over their initial three-month timeline, sustaining greater charges for their tough cash loan.
They wind up paying $17,000 in interest, and with $30,000 in closing expenses and commissions, they have a break-even rate of $822,000. El Moussa chooses to note your home at $899,900.
After simply a couple of days on the marketplace, El Moussa and Christina get a full-price deal. That indicates that they score a decent revenue, of $77,900. In the end, this dangerous flip settles!