Ep 1. Buy Low, Sell High

In the debut episode of Flipping Out, viewers are introduced to Jeff Lewis, a successful real estate flipper in Los Angeles. With a team of talented and quirky employees, Jeff takes on his latest project: a run-down home that he hopes to renovate and sell for a profit.

The episode begins with Jeff and his assistant, Jenni, heading to a property auction in search of their next project. With a budget of $500,000, they scan the listings and strategize on which properties to bid on. Jeff's mantra is clear: "Buy low, sell high." After some intense bidding, Jeff comes out on top and buys a house for $413,000.

Upon arrival at the new property, Jeff and the team quickly get to work assessing the state of the house and planning their renovation. Jeff's lead contractor, Ryan, estimates that the renovation will cost $150,000, leaving a potential profit of $100,000 if the house sells at the top of the market.

As renovations begin, tensions rise among the team. Jeff is a perfectionist and demands that everything be done to his exact specifications. Jenni, on the other hand, tries to keep everything running smoothly and balance the needs of the team with Jeff's demands. Meanwhile, Ryan and the rest of the construction team struggle to keep up with Jeff's ever-changing ideas and demands.

Amid the chaos of the renovation, Jeff also has to deal with his personal life. He is in the midst of a messy and emotional breakup with his partner, and finds himself struggling to keep his personal and professional lives separate.

As the renovation continues, Jeff and the team face several setbacks and unexpected challenges. They discover structural issues that will require extensive repairs, and Jeff becomes increasingly frustrated with Ryan's inability to keep up with his demands. Despite the challenges, however, Jeff remains determined to complete the renovation and turn a profit.

By the end of the episode, the renovation is nearing completion, but tensions among the team are at an all-time high. Jeff must balance his desire for perfection with the realities of the budget and the timeline, while also dealing with the emotional fallout from his breakup. Will the renovation be completed on time and on budget? Will Jeff be able to sell the property for a profit? Viewers will have to tune in to find out.