Flip or Flop

Programme Overview

New Flips, Familiar Faces is a single‑episode feature on HGTV that brings together two recognised names from the world of property renovation. In this instalment, American real‑estate entrepreneur Tarek El Moussa partners with seasoned investment specialist Pete DeBest to tackle a classic flip project – a dilapidated house situated in the suburban community of Corona, California. The episode showcases their combined expertise as they assess, redesign and ultimately transform the property into a market‑ready home.

What to Expect

Viewers will follow the step‑by‑step process of a high‑stakes renovation, beginning with a thorough walkthrough of the run‑down residence. Tarek and Pete evaluate structural issues, budget constraints and potential resale value, then outline a clear investment strategy. The episode highlights key moments such as demolition, design decisions, material selection and the final reveal, providing insight into both the creative and financial considerations that drive successful property flips.

Why Watch

For UK audiences with an interest in real‑estate, interior design and entrepreneurial ventures, this episode offers a compelling blend of practical advice and entertainment. The dynamic partnership between a television‑familiar flipper and a behind‑the‑scenes investor adds depth, illustrating how collaboration can enhance profitability and aesthetic appeal. Fans of home‑makeover programming will appreciate the clear visual transformation, while aspiring investors gain a realistic glimpse of the risks and rewards inherent in property development.

Viewing Appeal for British TV Fans

Although the setting is Californian, the principles demonstrated – budgeting, market analysis and design trends – are universally applicable, making the episode relevant to viewers across the UK. The concise, hour‑long format fits comfortably into typical HGTV scheduling and provides an accessible entry point for those new to the genre, as well as seasoned enthusiasts seeking fresh perspectives from recognised industry figures.