Ep 3. Flea Bag Flip

Tarek and Christina are back with the third episode of season 8 of their hit show Flip or Flop. This time they take on a new project that involves refurbishing a flea market find. Tarek finds a unique piece of furniture at a flea market and wants to flip it for a profit. However, Christina is skeptical about Tarek's decision and thinks it's not worth the investment.

The flea market find is an old cabinet made of a rare type of wood. Tarek thinks it has a lot of potential, and after researching online, he realizes that it could be worth a lot of money. Christina, on the other hand, is unsure of the investment, as the cabinet needs a lot of work to be functional. The duo faces a tough decision about whether to go ahead with the investment or not.

Tarek and Christina decide to bring in an expert to evaluate the cabinet and provide an estimate of the repairs and the profit they could make. The expert evaluates the cabinet and gives a price estimate of $2,500 for the repairs and a potential profit of $3,000 to $4,000. Tarek is excited about the potential profit, and Christina finally agrees to proceed with the investment.

The next step is to find a buyer for the finished product. Christina works on the design and refurbishment of the cabinet, while Tarek markets it online. The duo receives interest from potential buyers, but none of them seem to be willing to pay the asking price.

As time passes, Tarek and Christina get more and more nervous about the investment. However, their perseverance pays off when they finally find a buyer willing to pay the asking price. The duo is ecstatic to have made a profit on the investment.

Apart from the flea market find, Tarek and Christina also work on a traditional flip project. They purchase a dated home with potential and aim to give it a modern makeover. However, the project proves to be challenging, as they face unexpected structural and foundation issues. Tarek and Christina work hard to overcome the challenges and complete the project within budget and on time.

Overall, the third episode of season 8 of Flip or Flop is another exciting addition to the series. The flea market find adds a unique twist to the usual flip projects and keeps viewers engaged. The episode showcases the challenges and risks involved in real estate investments and highlights Tarek and Christina's expertise in the industry.