Ep 4. Bankrupt Flip
- TVG
- August 22, 2019
- 21 min
-
8.0 (11)
In Flip or Flop season 8 episode 4, titled Bankrupt Flip, hosts Tarek and Christina take on a risky flip. The property is located in a desirable neighborhood but is in serious disrepair and has been foreclosed on. The duo must use all their renovation skills to turn this bankrupt flip into a profitable investment.
The episode begins with Tarek and Christina checking out the property, which has been abandoned for some time. Their initial assessment reveals that the house needs major structural repairs, such as a new roof, foundation work, and significant interior renovations. The renovation estimate is around $200,000, which is a huge undertaking for the duo.
Despite the high renovation costs, Tarek and Christina see the potential in the property's location. They want to give the house a modern update, which they believe will appeal to buyers in the area. With this in mind, they decide to go all-in on the flip.
As the renovation work begins, tensions rise as the unexpected problems come to light. The team discovers additional water damage, which causes a setback in the renovation timeline and puts a dent in the budget. Tarek and Christina also find themselves at odds over the design choices for the house. While Christina wants to create a modern and chic interior, Tarek wants to stick to a more traditional style that will appeal to a broader audience.
Despite the challenges they face, the duo perseveres, and they finally complete the renovations just in time for the open house. The property looks stunning, with sleek, modern finishes and new appliances. Christina's design choices won the day, and the final result is truly impressive.
The open house proves to be a success, as eager buyers cram into the house to view the home. Tarek and Christina hope that the hard work they put into the flip will pay off, and they wait anxiously for offers to roll in.
Overall, Flip or Flop season 8 episode 4, Bankrupt Flip, is an exciting and dramatic episode that showcases Tarek and Christina's determination and renovation skills. The challenges they faced provided an intense and engaging viewing experience, and the reveal of the finished property is satisfying and well-deserved. If you're a fan of house-flipping shows or are interested in real estate, this episode is definitely one to watch.