Flipping 101 Season 2 Episode 5 Pilots and Permits and Babies, Oh My!
- TVG
- October 14, 2021
In Flipping 101 season 2 episode 5, titled "Pilots and Permits and Babies, Oh My!", real estate guru Tarek El Moussa meets with two different sets of clients who are looking to renovate and flip properties.
The first couple, Jordan and Michelle, are new to flipping and have purchased a home that they believe has a lot of potential. However, they quickly realize that they are in over their heads when it comes to dealing with the city's permitting process. Tarek advises the couple on how to navigate the regulations and get the necessary permits to begin their renovation.
As the couple begins the renovation, Tarek notices that they have overspent on certain items and advises them on how to make budget-friendly choices without sacrificing quality. He also helps them with design choices, suggesting subtle changes that will update the home's look without breaking the bank.
The second couple, Andrew and Jessica, are experienced flippers who specialize in high-end properties. They have purchased a home with plans to turn it into the ultimate bachelor pad, complete with a rooftop deck and modern finishes. However, when Jessica unexpectedly goes into labor, Andrew is left to manage the renovation on his own.
Tarek steps in to help Andrew stay on track, offering advice on design choices and managing the construction crew. He also helps Andrew navigate unexpected issues, such as uncovering asbestos in the home.
Throughout the episode, Tarek emphasizes the importance of having a solid plan in place before beginning a project, including obtaining the necessary permits and having a clear vision for the finished product. He also stresses the importance of being able to adapt and overcome unexpected challenges in order to succeed in the competitive world of real estate flipping.
"Pilots and Permits and Babies, Oh My!" offers a glimpse into the ups and downs of the real estate flipping business, and shows how the right guidance and expertise can make all the difference in a successful renovation.
