Good question, us.
To answer, this writer only had to go back to the beginning of this calendar year for the aptly-named “Big Money Flip” episode.
The mid-January 47th all-time installment of “Flip or Flop” saw the El Moussas make a whopping $167,600 on one Costa Mesa, Calif. home, which was apparently very well done by contractor Steve Cederquist.
Tarek and Christina bought the midcentury modern house from an out-of-state seller for $710,000. While high for the kind of flipping the El Moussas prefer, it was actually a pretty good price for the large family home.
They then dumped a massive $212,900 in renovations into the joint, but sold the thing for $1,149,000. Backing out their $55,000 in closing costs, the husband-and-wife team banked the rest.
Interestingly enough, just about a month-and-a-half later the El Moussas would come up just $100 shy of that record.
On the show’s “Million Dollar Flip” episode, Tarek and Christina took an even-bigger risk, putting $140,000 into a home they’d already paid $989,000 for. They had a buyer at $1.35 million, which means after 50 grand in closing costs, the two brought back $167,500.
The flippers can thank contractor Don Jensen for killing it on that one.
“Big Money Flip” re-airs tomorrow at 4:30 p.m. ET. Readers will have to wait until December 29 at 3 p.m. ET to catch “Million Dollar Flip” next in reruns.