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America's Next Top Home Flipper: Tyra Banks is Building Her Empire in the Real-Estate Market

business management
October 21, 2019
By
Ami Ciccone

When people hear the name Tyra Banks, the fashion runway is the very first thing that comes up in their minds. Banks has undeniably built quite a reputation in the modeling industry. But what most people don’t know is that she’s also building another empire outside her comfort zone.

America's Next Top Home Flipper

The creator of the television show, America’s Next Top Model has now become Hollywood’s next top home flipper. The supermodel grew a huge interest in acquiring properties in the California neighborhood over the years. Her mission is to give the house a total make-over and turn it into a real profit.

Just like how she dominated the fashion industry, Banks is doing a pretty awesome job in the real-estate business. Just recently, she bought another house in the Pacific Palisades, which is going to be her next project.

Tyra Banks' Next House Project

Tyra Banks has been buying houses to remodel and resell over the past years.

Built in 1949, Banks is by far the second title holder of the ancestral house. There has been only one family residing in it ever since. It didn’t have much of a major renovation, but thanks to the fashion mogul, the house is about to get its biggest transformation yet!

Banks is planning to remodel the entire property into a farmhouse-themed beach house. The whole lot is approximately 6,300 square feet wide, but the remodeling will mainly focus on the 1,600-square-foot gated interior space.

The single-story pad has four bedrooms and two bathrooms. The previous owner has done a marvelous design on its conventional living room and dining area. It also has a cavern with a rock-wall furnace and a sun-room. Outside, there is a cultivated backyard with a brick courtyard through the sliding glass doors.

Banks clearly chooses properties as meticulously as she is with selecting her top models in ANTM. This is already the fifth estate that she snapped up in the Los Angeles community. She reportedly acquired the house for about $3 million.

Career-Driven

The fashion mogul, Tyra Banks is dominating not only the runway, but also the real-estate, film, television, and publishing industry

Banks started her modeling career with GQ, Sports Illustrated Swimsuit Issue, Victoria’s Secret and a lot more when she was only 15 years old. Climbing the ladder of success didn’t take very long for her as she was already one of the highest-paid models in the world by the early 2000s.

She has also made her apperances on television and on the silver screen proving to anyone how multi-talented she really is. Her most famous roles were witnessed on The Fresh Prince of Bel-Air, Higher Learning, Life-Size, Coyote Ugly, Love & Basketball, Halloween Resurrection, Gossip Girl, and Glee.

Tyra Banks' Legacy

Tyra Banks created the television show America's Next Top Model in 2003

Tyra Banks is widely-known for her reality television show America’s Next Top Model, where she serves as the executive producer and one of the main judges. She’s clearly a career-driven woman as she has also published a book called Modelland in 2010. Who knows what’s next for the fashion icon...

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