In the UK a Pub is a licensed public house. They are often given quirky names like the King's Arms, Bear and Ball, or The Moon and Stars. There is likely to be one near your home, assuming you live in a residential area.
Thatâs before their payment from the show for their appearances, too. The El Moussas reportedly receive an appearance fee of $10,000 per âFlip or Flopâ episode and can make up to $40,000 for speaking fees if they are hired to attend an event. Of course, money doesnât always mean happiness for a couple.
Gross margin, also known as gross profit margin, is basically the price something sells for minus its acquisition and production costs. Gross margin in a house flip is determined by a flipped house's acquisition and rehabilitation (production) costs, all of which are subtracted from final sales price. Nationwide, the average gross margin on a house flip stands at $29,342. Buying a house for the lowest price possible, spending what's needed on repairs and then reselling it at maximum price defines house flipping.