Realty411 Magazine The Future of Real Estate is Here | Page 76
apartment. “Being on TV is the last thing we ever imagined
doing in our lives,” he said. “I always tried new ways to grow
our business and one night I said, ‘Honey, I am going to get
us a TV show,’ kind of as a joke. She laughed and told me
to go to bed. I looked online and randomly found a casting
and here we are three and a half years later. It was the big-
gest long shot in history and somehow it worked out.”
Those brief but still vivid days of scrimping and saving are
over, as the El Moussa family has moved into a luxurious
Orange County home due to their business of flipping hous-
es along with their television show.
“The best thing that has come from this experience is our
family creating something that years from now we can go
back and watch. It is so exciting to watch our baby girl on
TV and see how much she grows and changes throughout
the season. Basically it is watching our family and business
grow and develop, and we are able to go back and watch
the progression. It is also amazing to spend so much time
with my wonderful wife.”
“I study real estate and pricing all day every day and in order to
become successful at flipping you must commit to learning every
aspect of the business and understand failure is the path to success.”
El Moussa wants newcomers to the art of flipping houses
to understand what exactly they are getting into before they
start purchasing properties in hopes of making a hefty profit.
“It is not as easy as it looks. Learn and study a lot of real
estate before jumping in,” he said. “You make your money
when you buy, not when you sell.”
The biggest piece of advice El Moussa offers to people at
all levels of real estate investment is to never give up.
“The truth is everyone will fail and fail and fail until it hap-
pens and you get that win,” he said. “Once you get that one
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Tarek and Christina El Moussa
win, you can do it over and over again.”
With or without the television cameras rolling, flipping
houses is sort of like a legal “high” for El Moussa. “I enjoy
the chase of the properties, the rush you get when you find
them, the design and transformation, and the profit at the
end,” he said. “There are many stressful steps in between
with a lot of gambling but this is the best way I can simplify
it. I study real estate and pricing all day every day and in
order to become successful at flipping you must commit to
learning every aspect of the business and understand failure
is the path to success.”
There’s a saying that behind every successful man there’s
a strong woman, and that definitely applies to El Mous-
sa’s life. “We are pretty much together 24/7,” Christina El
Moussa said. “We have been together for over 7 years and
we are still best friends. He keeps me on my toes and there
is never a dull moment with him. It is fun and rewarding
to start a business and a TV show together and watch it
grow. We both have a lot at stake and we provide a strong
support system for each other. Plus, we both know our own
strengths and weaknesses and they play well together.”
PAGE 76 • 2014
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