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Celebrities Delve into House Flipping

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By Lauren Beale

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. “I’d have 10 pages of script to memorize, and guys to supervise on the work site.”

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 “The Bourne Legacy” and “The Avengers,” 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.

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

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