“Flipping 101” returns this Thursday with Tarek El Moussa doing what he does best: rescuing a renovation gone wrong. In “Piecemealing a Budget,” Tarek comes to the aid of a real estate agent and his wife who have taken on a midcentury ranch flip – with a budget that appears to have been more of a hopeful guess than a carefully calculated plan.
As anyone who’s ever tackled a home renovation knows, unexpected expenses can quickly spiral out of control. With costs already mounting and the couple staring down the barrel of a financial disaster, Tarek steps in to provide some much-needed guidance. He’s flipped over 300 homes and teaches these couples the basics to create successful flips. With Tarek’s experience – and his frank assessments – he aims to steer the couple back on course for a profitable finish.
Will they manage to salvage their project, or will this flip become another cautionary tale? Find out on HGTV this Thursday, May 1 at 9:00 PM ET.
