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Celebrities Delve into House Flipping

Home Consumer
By Lauren Beale
August 31, 2013, 12 am
Reading Time: 4 mins read

A monthly gym pass would provide a place to shower and brush their teeth.

Balancing acting careers and construction projects presented its own challenges, Winters said. ā€œI’d have 10 pages of script to memorize, and guys to supervise on the work site.ā€

Up until the last several years, the two made more money flipping houses than acting, Winters said. Now, Renner keeps busy with films such as ā€œThe Bourne Legacyā€ and ā€œThe Avengers,ā€ and Winters is focusing full-time on flipping houses, often bringing in other financial partners. He has offices on Sunset Boulevard and a staff of five.

Winters is juggling several projects — one with Renner and two with clients — while he looks for his next house to tackle.

The Reserve, with a wine cellar, a theater, six bedrooms, 11 bathrooms and 10,000-plus square feet of living space, is the most ambitious undertaking to date. The property cost $7 million, and the nearly $25 million asking price included pretty much everything the buyer needed to move right in.

ā€œIf you are going after a big-boy house, you have to know your market and your clientele,ā€ Winters said. Convenience is essential in this niche market, especially with foreign buyers. ā€œThey don’t want to spend two years with an interior designer.ā€

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