Reviews "Flip to a Million" explores the concept of how meager beginnings and limited resources might, with the proper strategy, skill set and a bit of luck, evolve into a high-dollar real-estate deal. Two couples who are both successful house flippers in their respective markets get dropped in an unfamiliar city with an initial budget of only $1,000. Each couple works the real estate and flipping market to buy, renovate and sell properties, all while working in phases toward their overarching goal of achieving a successful $1 million house sale. Read MoreRead LessWatch on VuduPremiered Aug 02 Buy Now
Where to Watch
Flip to a Million — Season 1
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Watch Flip to a Million — Season 1 with a subscription on Max, or buy it on Vudu, Prime Video, Apple TV.
Episodes
Episode 1Aired Aug 1, 2022A Big Flipping ExperimentTwo savvy house-flipping couples are dropped into a new city for a radical social experiment with real estate; starting with only $1,000, they'll attempt to climb the property ladder and sell a house for $1 million dollars -- all in just six months. Details Episode 2Aired Aug 8, 2022Finding a Palace in DallasFlippers Dani and Jon overcome a giant problem at their first flip and go on the search for their second home; flippers EJ and Jason buy their first house, but quickly realize they need to bring in a partner to make their goal in time. Details Episode 3Aired Aug 15, 2022When Help Freezes OverEnduring an ice storm, Dani and Jon power through challenges, only to find their home riddled with even more headaches; EJ and Jason battle hidden code violations and a contractor who is running behind schedule. Details Episode 4Aired Aug 22, 2022Showing Some Heart in TexasAfter headaches with building delays, flippers EJ and Jason complete their first flip and get ready for an open house; flippers Dani and Jon are disappointed with a finished home that won't sell, until a potential buyer changes everything. Details Episode 5Aired Aug 29, 2022The Clock Ticks DownWith only a few weeks left on the six-month deadline, flippers Dani and Jon battle over a major design choice that could impact their homes' value; EJ and Jason quickly realize that finishing their next project may be out of reach. Details Episode 6Aired Sep 5, 2022Mission Possible?With time running out, the flipping couples must decide to finish the challenge or go home; EJ and Jason look to upgrade their home to sell for well over a million dollars while Dani and Jon push to sell their house fast. Details Episode 7Aired Sep 6, 2022Flip to a Million ReunionWith the challenge wrapped up, Alison Victoria welcomes back both flipping couples to discuss their social experiment; Dani and Jon explain how they took a more hands on approach while EJ and Jason break down how they used clever business deals. Details
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Audience Reviews
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Lisa G Probably one of THE most boring shows HGTV has ever put out. Unless you can find more engaging and likeable flippers, it's not worth having another season. Rated 1/5 Stars •Rated 1 out of 5 stars08/31/22 Full Review Read all reviews Post a rating
Each couple works the real estate and flipping market to buy, renovate and sell properties, all while working in phases toward their overarching goal of achieving a successful $1 million house sale.
The 70% rule helps home flippers determine the maximum price they should pay for an investment property. Basically, they should spend no more than 70% of the home's after-repair value minus the costs of renovating the property.
Based upon years of experience, flippers developed a quick rule of thumb called the 70% Rule to help them quickly evaluate the value of a potential flip property. The 70% Rule states that you should buy a property at 70% of the After Repair Value minus the repair costs.
As a money-raising idea, Tew decided to sell a million pixels on a website for $1 each; purchasers would add their own image, logo or advertisem*nt, and have the option of including a hyperlink to their website.
It is common for experienced house flippers to achieve a return on investment that ranges from 10-20%, after factoring in all the expenses involved when flipping a house. If you assume a 15% return, that would mean a net profit margin of: $100,000 House Flip = $15,000. $250,000 House Flip = $37,500.
First, I have not made $1 million flipping houses in a single year. Second, it is possible, but tough to do because of the team it takes to flip enough houses, the expenses that come with flipping houses and the difficulty of finding deals that leave enough profit to make that much money.
An average ROI, on a real estate fix and flip project has traditionally been between 50 and 100 percent. Of course, flipping a house won't always offer such a high return. Expected ROI from house flipping can fluctuate based on the current economy too.
Introduction: My name is Rev. Leonie Wyman, I am a colorful, tasty, splendid, fair, witty, gorgeous, splendid person who loves writing and wants to share my knowledge and understanding with you.
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