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House flipping is when someone buys a property, holds on to it for a short time and then sells it for a higher price. The quick-turnaround resale is why it’s called a “flip.”
After we find a house that has the potential to be a really fabulous flip property, we make the offer and hold our breath. When the seller accepts the offer, I get a real rush!
Flipping 101 with Tarek El Moussa is a reality television series airing on HGTV. It features real estate agent Tarek El Moussa , best known for his previous show Flip or Flop , mentoring real estate novices wanting to learn the secrets of a successful house flip. [ 1 ]
A busy realtor helping her sister with a 'simple flip' gets more than she bargained for. A Realtor and a Local Contractor Inherit a House in ‘Flipping for Christmas’ Skip to main content
A spate of flipping often creates an economic bubble which then bursts, such as during the Florida land boom of the 1920s. [2]In the 2000s, relaxed federal borrowing standards (including subprime lending that allowed a borrower to purchase a home with little or no money down) may have led directly to a boom in demand for houses. [3]
After the real estate crash in 2008, they began flipping homes in the Orange County area. In 2011, Tarek asked a friend to help him make an audition tape for HGTV, filming an entire episode of the process of house flipping from start to finish. The audition tape was sent to HGTV and in 2012 the couple [7] was signed to make Flip or Flop. [8]
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