Ep 1. Miniature Margins

Masters of Flip is a reality TV show on HGTV where a husband and wife team, Kortney and Dave Wilson, buy, renovate and sell homes for profit. Season 2 episode 1 is titled "Miniature Margins" and follows the couple as they purchase a home in Nashville with a small budget and big dreams of a big profit.

The episode begins with Kortney and Dave scouting out a home in a desirable neighborhood that has fallen into disrepair. The house is a single-level ranch with a small yard and outdated interiors. The couple purchases the house for $250,000, which is already $25,000 over their budget. They see potential in the property and are confident they can make a profit even with the higher purchase price.

Once they secure the property, Kortney and Dave get to work. They know that in order to make a profit, they need to add square footage and update the interiors to appeal to potential buyers. They enlist the help of their team of contractors to create a plan and get started on the renovation.

The couple runs into several challenges during the renovation process. They discover that the roof needs to be replaced, which adds an unexpected expense to their budget. Additionally, they uncover issues with the ductwork and have to bring in a specialist to fix the problem. The added expenses quickly eat up their profit margin, but Kortney and Dave remain determined to see the project through.

Despite the setbacks, the couple manages to transform the outdated ranch into a modern and spacious home that meets the needs of potential buyers in the area. They add square footage by raising the roof and creating a second story with additional bedrooms and a bathroom. They update the interiors with hardwood floors, new fixtures, and a modern kitchen with stainless steel appliances. The final result is a stunning home that is sure to attract buyers.

After completing the renovation, Kortney and Dave put the house on the market. They quickly receive offers, but the offers are lower than what they were hoping for. Kortney and Dave were hoping to make a profit of $75,000, but the offers they received were closer to $50,000. They decide to hold out for a better offer and eventually receive one that meets their expectations. They sell the house for $325,000, which is $75,000 more than what they purchased it for.

Overall, the episode provides an exhilarating look into the world of house flipping. It shows the highs and lows of renovating a home with a small budget and the risks and rewards of the business. With Kortney and Dave's dynamic personalities and the beautiful finished product, viewers are sure to be hooked on this exciting show.