Realty411 - Your Source for Real Estate Investment Information CashFlow Express - Featuring HGTV's Flip or Flop!

Ca$hFlow EXPRESS Vol. 2, No. 3, 2015 Passive Income for Today & Tomorrow PRICELESS TV’s Favorite Fix & Flip Family Tarek & Christina from HGTV’s “Flip Or Flop” Exclusive by Tim Houghten Unconventional advice from Tarek El Moussa on being on top versus having a flip flop. S cooping a few minutes with the busy star of HGTV’s “Flip or Flop” reality show, Tarek El Moussa, we managed to get his latest tips on what it takes to stay on top in California’s hot housing market. It’s not what you would expect… Flip or Flop Tarek and Christina El Moussa are the celebrity house flippers on HGTV’s hit show “Flip or Flop.” The Orange County, Calif., real estate power couple are rapidly becoming some of the best known personalities in the business. Having been in for the ride since before the last bubble burst, these two real estate pros bring a fresh and raw perspective on what it really takes to win in one of the hottest markets in the country, no matter what wrenches are thrown in the works. Real Estate can be a White-Knuckle Ride In our exclusive interview with Tarek El Moussa we discover some of the unconventional, atypical advice and tactics it takes to succeed behind the scenes. If anyone should know what it takes, it is Tarek and Christina. Press coverage of the OC couple’s new Flip Advantage Education seminar series reveals that when the market flopped Tarek went from selling multi-million dollar California mansions like hotcakes to trading his Benz for a Honda, and a $6,000 per month mortgage payment for sharing a $700 per Randy Reiff, CEO of FirstKey Lending Tarek and Christina El Moussa, from HGTV’s “Flip or Flop” embrace their daughter, Taylor Reese El Moussa. For two long years Tarek admits “it was a struggle to pay the bills.” In 2007, El Moussa recalls “putting in 12-hour days with no paycheck coming in for about 4 months.” month apartment. For two long years Tarek admits “it was a struggle to pay the bills.” In 2007, El Moussa recalls “putting in 12-hour days with no paycheck coming in for about 4 months.” This may not be a level of transparency that most real estate gurus are comfortable with, but it is this level of authenticity that is needed to impress upon newcomers what it really takes to win in real estate year after year. So how did Tarek manage to beat the worst recession and housing crunch most of us have lived through, and how is he making sure he is never forced to downsize again? What do Tarek and Mark Cuban Have in Common? While in the past El Moussa has said there is an element of stepping out and being willing to take risks to achieve rewards in flipping houses, he tells me that what got him through the dip was “I refuse to fail,” and commit- ting to “outwork and out-study” the competition. This echoes of recent Mark Cuban remarks that success isn’t about who you know or how much you have to start with, but your willingness to go the extra mile. Being a big advocate of education, how does Tarek recommend investors beef up their knowledge and expertise? “Seminars, books, magazines, and attending investor clubs.” Continued on pg. 8 INSIDE: Finance Resources for Investors • Go Green with Hydro Power & Solar