Premieres Wednesday, June 13 at 10 PM ET/PT on CNBC
CNBC’s home renovation series, “The Deed,” returns with six, all-new episodes. In each one-hour episode, self-made real-estate mogul and serial entrepreneur,Sidney Torres, brings his multi-million dollar fortune and expertise to the aid of struggling property investors.
In exchange for a piece of the property and a percentage of the profits, Sidney helps these inexperienced developers restore their rundown homes to their former glory. Torres lives for the thrill of deal-making and using his vast resources, design savvy and years of experience to transform both the people and properties in need of his help.
In the first episode, "Don't Fall in Love with Your Flip," Sidney must help his old friend, James, who has broken the golden rule of real estate by falling in love with his flip.
This season takes viewers through every stage of the renovation process, as Torres works with everyone from aspiring and ambitious novices to seasoned, down-on-their-luck real-estate developers. Some of the partners featured this season include an ambitious law student looking to make his mark in real estate, a couple seeking to turn their flipping dream into a reality after a 10-year wait, a pair of recovering addicts looking for a fresh start, and one of Sidney’s oldest friends who’s in desperate need of help with his million dollar money pit.