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Fabulous Flippers

[Blind Gossip] This celebrity couple wants you to think that they are geniuses when it comes to making money.

Their latest fabulous claim is that they made millions on the sale of a home that they bought and remodeled and sold.

No.

When you add up the amount that they spent buying the house, remodeling it, and selling it, they actually lost money on the property. The reason there were so many cost overruns is that [the husband] kept changing his mind on everything. They would finish something and then he would decide he didn’t like where the doorway was located or the flooring or how the bathroom was arranged or whatever, and they’d have to rip everything out and start all over.

Sounds like they could have actually made a profit if they had just designed a plan and stuck to it. But, as it turns out, they will just pretend that they made a profit.

They like to pretend.

Similar: Back Door Money

Couple:

[Optional] What do you think they will do with their next house?

Reader Interactions

Comments

  3. Vampira says

    Tarek and * Christina? They also get all of the real estate commissions and are subsidized by HGTV.

  10. Chesarez says

    Kant’yeah, his slore with the nasty body, and they got that child that got the wrong end of the ugly stick *yikes* I guess it could be worse, she could look like her mother.

    But then, in 15 years, Ray J gonna put out another video saying he hit THAT one too, first

  16. PrincessConnie1 says

    Kanye & Kim
    I think they will continue to “remodel” their “home” for years… While Kim lives with her mother. This will continue until their contract marriage is up.

  21. athena says

    Kimye? Making a supposed $9 million profit on their home. Their next home? Same thing, while never actually living together. They are very good at pretend.

  30. WillowPotter says

    Kanye West and Kim K.

    I think they should leave flipping houses alone if he can’t make up his mind, or stick to a plan and go along with that plan.

  31. Laughing1 says

    We all know who THIS is…….

    The couple who’s never even lived together……

    Kim and Krapye.

  32. calumsmom says

    Must be Tarek and Christina? That last cryptic line “They like to pretend” intrigues me!

  35. heyitsjustme says

    Kim and Kanye.

    Wasn’t this the house they bought to make people believe they were a real couple and kept postponing the completion of the remodels to drag it out as long as possible? I seem to remember a blind from quite awhile ago hinting at this.

  37. MissELace says

    Kim and Kanye

    Optional: They will over remodel this one forcing them to either rent from family or move in with family. Either way it will be another multi-year renovation.

  40. wfreshie says

    oh isn’t this kim kardashian…her husband keeps changing the plans and the building seemed like it was never ending

  46. ILUVCA4evr says

    Kim and Kanye Kardashian

    OF COURSE they lost money! They are two narcissistic idiots who are basically bleeding cash right now.

    I personally don’t think they will move into the new place, but decide something is ‘wrong’ with it and either sue the contractor or sell it at a loss.

  48. blueeyedgal says

    Kim and Kanye. When I read a story about a “profit”, I thought, Yeah right! They remodeled that home for years! No way they made any money. I guess they need everyone to think that everything they touch turns to gold or cash.

  51. SilentStar says

    Very obviously Kim and Kanye.

    What will they do with the next house? Not live in it together. Probably they will try again to remodel and just go through the same fiasco.

  71. MikeInSanJose says

    Kim and Kanye…

    [Optional] Lose even more money and turn it into another episode of KUWK “In this episode, what to do when you have more money than you’ll ever need and no soul…

  72. kateq says

    Kim K
    Kanye West

    This next house is a complete money pit. They will divorce before the house is finished.

  75. shoefreak says

    Kim Kardashian
    Kanye West

    The next house will be the same thing. Countless remodeling, live there a few weeks and sell again.

  77. Fruitpunchsamurai says

    Kim K and Kanye.

    they sold their house at a profit.
    Don’t think they will have another house as Kim probably lives with her mum and Kanye, who knows?

  82. GossipQueenE says

    Kim Kardashian and Kanye West

    They will do the same thing like they did to their last house.

  83. dadiegirl says

    KimYe!!!! If you’re only flipping the house and not living in it, why go through hoops to change every little detail to your detriment?

  87. NoseyNana2008 says

    Tarek and Christina El Moussa
    Lose money, again. Theirs is the worst show on HGTV. Never believed their figures as to how much they spent/profit.

  90. Lindasu says

    Surre….Lol. I knew when I saw the claim that they were lying. Doesn’t take a genius to figure out the remodeling costs were HUGE. It’s even stated they bought the house, demolished down to the studs and rebuilt it. That in itself would cost a small fortune. The “minimalist” look doesn’t guarantee cheaper.