50/50 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?

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.

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?

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. Their goal is to modernize this gem and flip it with a budget under or less. Once construction begins, they uncover some rotten problems that blow up their budget. Can they find a way to keep this project on budget and schedule?

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.