Besides being a Survivor contestant, Russell Hantz is also a house flipper, and his real estate hobby will be the focus of a new A&E series, Flipped.
The 7 x 60-minute series from Departure Films, will see Hantz and his family buy houses low, renovate them cheaply and sell them high in the Houston area. The series is slated to air in late 2011.
Flipped will also showcase the next evolution of house flipping, since in the post-subprime mortgage crisis, flippers must race against time before prices fall even further.
“There are tons of reality TV stars sitting on their couches and twiddling their thumbs because they haven’t created anything else,” said Hantz in a statement. “I expect to be one of the biggest house flippers in Houston and I am here to bring Houston’s economy back on its feet.”
“House flipping is back and the stakes have been elevated,” said David McKillop, EVP, programming, A&E Network and BIO Channel. “Known as the entrepreneur on Survivor, Hantz’ life as a house flipper is truly outrageous, real and genuine which fits in nicely with our lineup of non-scripted original series.”
Executive producers for Flipped are Max Weissman, Matt Levine and Tim Robbins for Departure Films. Executive Producers for A&E are David McKillop, Elaine Frontain-Bryant and Jessica Morgan.