Showbiz can be a difficult business. One minute you’re on top, and the next your filing for bankruptcy, begging for a role in a commercial. There’s never any guarantee that your spotlight is going to last, so it’s always smart to have something in your back pocket. These stars are pros in real estate and have rounded up some extra cash in their downtime. Check out some of the best celebrity house-flippers.
12 houses in 20 years, Ellen Degeneres, the well-known talk show host has kept her house flipping talent under the radar. Two years ago Degeneres and wife star Portia de Rossi purchased a house for $18.6 million, which they are now selling for $24 million. But her signature flip was in 2014 when she sold a home to Sean Parker for $55 million. She originally paid $30 million, and only 6 months prior.
Cox has a passion for purchasing historic houses and modernizing them, while successfully upholding the foundation of the property. She has done this many times but her biggest achievement was when she purchased a house in 2004 for $5.45 million, renovated it, and sold it for $20 million.
Maroon 5 Star Adam Levine has listed his Beverly Hills home only a year after moving in. He and his wife Behati Prinsloo originally bought the home for $35.5 million and listed it for $47.5 million. The couple said they invested $7 million.
Ashton invested 1$ million in his Los Angeles home, which he purchased with his father. After renovations, he sold the home for $2.5 million making a successful profit of $1.5 million
Disick is joining the flipping home bandwagon after purchasing a home in 2016. He has spent 3 years renovating this home and it is now on the market for a near $13 million. But that’s not all. He also listed another property for around $7 million.