Below, we break down the drama, so beware of major spoilers ahead. Lipâs Bad Business Deal When Lip learns that Kev and V sold their house quickly for a good price to a developer looking to acquire property on the block, he immediately gets in touch with the developer, who sends someone to the house. The woman representative offers Lip $200,000 for the lot, but heâs looking to make more and asks if sheâs willing to bump it up to $300,000. They settle at a possible offer of $275,000, and Lip rushes off to tell Tami (Kate Miner) the news.