During the real estate boom of the early 2000’s Tarek was a successful Orange County Realtor specializing in luxury properties, but when the market tanked, everything changed for Tarek and his family. They traded in the $6,000-a-month mortgage for a $700-per-month apartment and swapped luxury cars for modest ones, all while trying to find a new way to support their family.
Since then, Tarek has bounced back – A couple of years ago, Tarek and his business partner Pete de Best, bought their first investment property in Santa Ana for $115k. They sold the property and split the $34k profit – this was the start of their new business venture. Now, Tarek and Pete are focused on building and growing their real estate investment company, Tarek Buys Houses LLC, a career move that soon became the hit reality series, “Flip or Flop,” which is now the #1 nationally aired show on the HGTV network.
Tarek Buys Houses LLC is currently investing in over 100 deals per year, and is expanding its operations nationwide to not only include single family homes, but also commercial real estate investments as well as building a portfolio of rental income properties.