50/50 Flip
In order to make maximum profits, husband and wife team Krystal and Dedric Polite use their 50/50 flip strategy to renovate a home with less than $50K in under 50 days.
Reality
Episodes (6)
Back to the Old Neighborhood
Krystal and Dedric have found their next 50/50 FLIP--a house located just outside of Burlington, NC in Mebane, where Krystal's mom was raised. The market is hot and this could be a perfect flip opportunity for the savvy real estate investors. Their goal is to flip the property in 35 days with a budget of $40K. But once construction begins, they discover why the home was sold "as-is," running into problem after problem. Can they find a way to keep the project on budget and on schedule, or will this flip break the bank?
From Mold to Gold
Dedric and Krystal learn about a house for sale in Graham, NC that was destroyed by the previous tenants' dogs. A hazardous walk-through reveals more issues than just the smell of dogs, leaving the Polites to question if the house is worth the risk and if they can stay within their 50/50 FLIP business plan.
Mid-Century Masterpiece
Krystal and Dedric have found their next 50/50 FLIP and this house is the only mid-century home in all of Burlington! Since mid-century modern homes are hot, the Polites are excited to make it a standout property and sell it for top dollar.
Buy One Add One
Dedric and Krystal have found a vacant cottage with a steal of a list price in a Burlington, NC neighborhood where houses are selling for triple the amount. This house is a deal, and the property is large enough to split and develop into apartments that will potentially generate long term cash flow for their family. Will unforeseen problems during the renovation derail the budget and turn this steal into a lemon, or will the Polites keep things on schedule and on budget?
Flipping the Family Neighborhood
Dedric and Krystal get a lead on a dream property in Burlington, NC that could be fast money. The house is newer construction and needs less work than normal. To maximize profit, the Polites want to make this house one of their quickest flips, well under their 50/50 FLIP strategy. Much of Krystal's family grew up nearby, and this house fits into their plan to flip the neighborhood Krystal loves one home at a time. As renovations begin, a series of supply shortages threatens to take this dream flip and turn it into a nightmare.
Four Unit Flip
The Polites are in the market for their next 50/50 FLIP. Marlin, acquisitions manager and Krystal's cousin, has found a potential diamond in the rough in a four-unit apartment building in neighboring Graham, NC. It's significantly bigger than the usual single family homes Krystal and Dedric renovate, but the asking price makes it an absolute steal. Will they be able to turn this "motel" of ill-repair into the sleek four-unit rental of their dreams, or will they be left wishing for an early checkout?
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