Tarek and Christina get a lead on a bank-owned (REO) property that is a small 1920's craftsman bungalow in Whittier, CA. They are able to tour the house prior to making an offer, and discover it needs a complete overhaul. It may not be worth flipping. But there is a studio in the back that doesn't seem to be included in the square footage on the listing. If the studio is permitted, it would be a major selling point for potential owners, who might want to offset their mortgage with a renter. They check with the city and discover that it is in fact permitted. And the bank accepts their all cash offer of $182,000. They want to flip this house in 30 days so work begins right away. On Day 1 they discover that the lead paint on the house must be dealt with according to EPA standards at an unexpected cost of 12 thousand dollars! Day 2 and it's a broken water main, which once again destroys the budget! With their profit margin getting gouged, Tarek and Christina hold their breath to see if this bungalow gamble will Flip or Flop.
Followmy.tv Keeps track of your current tv shows. Discover new tv shows, discuss and share them with your friends.
Flip or Flop - 1x06 The Bungalow Gamble
- Poor
- Nothing special
- Worth watching
- Pretty cool
- Awesome
- Aired Apr 30, 2013
- Episode 1x06
- Show special No
Activity
- CGirl1966 stopped following Flip or Flop. Mar 25, 2022
- CGirl1966 is following Flip or Flop. Aug 02, 2021
- Lur is following Flip or Flop. Mar 07, 2017
- Imharv stopped following Flip or Flop. Feb 10, 2017
- Ladyexpat is following Flip or Flop. Jan 28, 2017
- Intrepidity is following Flip or Flop. Nov 06, 2016
- samu3l is following Flip or Flop. Sep 16, 2016
- Imharv is following Flip or Flop. Mar 06, 2016
- workingonmyroar is following Flip or Flop. Jul 23, 2015
- DiveInvolved is following Flip or Flop. May 23, 2015
Followers (12)
-
Lur last seen Oct 07, 2021
-
Ladyexpat last seen Dec 18, 2019
-
Intrepidity last seen Oct 25, 2017
-
samu3l last seen Sep 22, 2016
-
workingonmyroar last seen Aug 22, 2018
Comments