1 00:00:00,567 --> 00:00:01,934 Oh, this is so cute! 2 00:00:01,936 --> 00:00:03,736 So charming. 3 00:00:03,738 --> 00:00:08,207 [narrator] Colleen's been living in boyfriend Mike's 600 square-foot Chicago condo. 4 00:00:08,209 --> 00:00:10,709 But it's time for something bigger. 5 00:00:10,711 --> 00:00:13,312 So much counter space, modern appliances... 6 00:00:13,314 --> 00:00:15,614 [narrator] Problem is, she's thinking of it as their home, 7 00:00:15,616 --> 00:00:18,450 while he's prioritizing rental potential. 8 00:00:18,552 --> 00:00:20,519 Having that second unit downstairs, 9 00:00:20,521 --> 00:00:22,454 that can definitely handle a good portion of the mortgage. 10 00:00:22,556 --> 00:00:24,490 [narrator] Will he and his friend, who's their agent, 11 00:00:24,492 --> 00:00:27,026 get her on board the investment bandwagon? 12 00:00:27,028 --> 00:00:30,429 Add an entrance, drywall, build a kitchen... 13 00:00:30,431 --> 00:00:31,964 [Colleen] You guys and your house-hacking. 14 00:00:31,966 --> 00:00:33,699 I just wanna be happy and comfy. [laughs] 15 00:00:33,701 --> 00:00:35,501 [Jarret] Yeah. 16 00:00:35,503 --> 00:00:36,835 -[doorbell rings] -[theme song playing] 17 00:00:45,312 --> 00:00:46,412 [dynamic music playing] 18 00:00:51,519 --> 00:00:53,052 A little chilly out here today. 19 00:00:53,120 --> 00:00:56,021 Yeah. [laughs] I... It should be warmer out, 20 00:00:56,023 --> 00:00:58,257 but at least some of the flowers are blooming. 21 00:00:58,325 --> 00:01:00,959 Mike and I met six years ago 22 00:01:00,995 --> 00:01:03,262 -I had a crush on her right away. [chuckles] -[laughs] 23 00:01:03,363 --> 00:01:06,465 [Colleen] I'm an account manager, very organized. I love to plan. 24 00:01:06,533 --> 00:01:08,434 I knew my whole life I was gonna be a business person, 25 00:01:08,502 --> 00:01:11,737 so, um, you know, finance was a natural fit for me. 26 00:01:11,806 --> 00:01:16,041 When we decided to move in together, I moved in to Mike's, uh, home. 27 00:01:16,043 --> 00:01:20,412 It's very small. It's 600 square feet for the both of us. 28 00:01:20,414 --> 00:01:23,715 It's been difficult. We both decided we're gonna buy a home together 29 00:01:23,717 --> 00:01:25,684 for a little bit of a bigger space. 30 00:01:25,686 --> 00:01:28,520 When it came to picking a real estate agent, we had to go with Jarret. 31 00:01:28,522 --> 00:01:30,622 He's helped me pick out places in the past. 32 00:01:30,624 --> 00:01:34,460 [Colleen] He's also our frie so he's very honest with us 33 00:01:34,528 --> 00:01:37,796 and is like a great mentor just in this space. 34 00:01:37,798 --> 00:01:41,133 I know you guys love talking about your investments and everything, 35 00:01:41,202 --> 00:01:44,403 but this is my first time even purchasing a home. 36 00:01:44,405 --> 00:01:47,206 I own two condos right now, and I look at real estate 37 00:01:47,208 --> 00:01:49,808 as a great way to achieve financial freedom. 38 00:01:49,810 --> 00:01:52,511 Mike and I look at things very differently. 39 00:01:52,513 --> 00:01:56,415 He looks at things very logically, analytically. 40 00:01:56,417 --> 00:02:00,619 I don't have that as much. I'm a very emotional person 41 00:02:00,621 --> 00:02:02,054 Especially in terms of home. 42 00:02:02,122 --> 00:02:04,123 -Multi-unit. -[Jarret] Okay. 43 00:02:04,125 --> 00:02:08,327 Something where we could, you know, do short-term rental earn some extra income 44 00:02:08,329 --> 00:02:11,130 and, you know, help pay off, uh, a little bit of our mortgage debt. 45 00:02:11,132 --> 00:02:12,664 [Colleen] You guys and your house-hacking. 46 00:02:12,733 --> 00:02:15,334 -I just wanna be happy and comfy. [laughs] -[Jarret] Yeah. 47 00:02:15,435 --> 00:02:18,737 I'm definitely looking for single-family home. 48 00:02:18,806 --> 00:02:22,407 I wanna make sure that at least we have two beds, 49 00:02:22,409 --> 00:02:25,410 we have some good space and that the short-term renters would have 50 00:02:25,412 --> 00:02:27,346 a completely different entrance. 51 00:02:27,481 --> 00:02:29,848 -[Jarret] Yep. -I don't wanna see them, I don't wanna know about them. 52 00:02:29,917 --> 00:02:33,252 Sure. Sure. You know I'm a little biased with, you know, short-term rentals. 53 00:02:33,353 --> 00:02:35,954 -[Colleen] Yeah, I know. -Because I have a two-flat here that I rent out. 54 00:02:36,023 --> 00:02:37,556 The one upstairs. 55 00:02:37,558 --> 00:02:40,626 You could essentially do like a short-term rental with one side of it, 56 00:02:40,628 --> 00:02:41,860 and then live in the other one. 57 00:02:41,929 --> 00:02:43,495 And it would offset your costs. 58 00:02:43,497 --> 00:02:45,664 The idea of a two-flat is great. 59 00:02:45,766 --> 00:02:48,634 But you're getting the same amount of space as your guests 60 00:02:48,702 --> 00:02:50,202 if we were to do a short-term rental. 61 00:02:50,204 --> 00:02:52,504 I wanna be able to stretch out, 62 00:02:52,506 --> 00:02:55,507 maybe buy some new furniture, host guests... 63 00:02:55,509 --> 00:02:59,611 Also, I'm definitely looking for something with a little more character. 64 00:02:59,613 --> 00:03:03,315 I want something more modern. Something that's easy to maintain over time. 65 00:03:03,317 --> 00:03:04,917 What areas are you guys thinking about living in? 66 00:03:04,919 --> 00:03:06,785 I just wanna be by public transportation. 67 00:03:06,787 --> 00:03:10,622 We walk everywhere, and we try to take the train as much as we can. 68 00:03:10,624 --> 00:03:13,725 -But then, we're also trying to keep it under about $500K. -[Jarret] Okay. 69 00:03:13,727 --> 00:03:16,628 I know it's gonna be, you know, maybe tough to find something brand-new 70 00:03:16,630 --> 00:03:18,263 in the price range we're looking at, 71 00:03:18,265 --> 00:03:20,098 but we're willing to put in a little bit of work in terms of renovation. 72 00:03:20,100 --> 00:03:23,635 -Right. -It's just, like, a little bit of a hard pill to swallow. 73 00:03:23,704 --> 00:03:27,506 I don't know if we're ready for, like, a gut demo or anything like that. 74 00:03:27,508 --> 00:03:30,242 Where our price point is at, we're probably gonna have to put in, 75 00:03:30,344 --> 00:03:31,944 you know, some work in the renovation side. 76 00:03:32,045 --> 00:03:33,812 We want a good house, good structure. 77 00:03:33,814 --> 00:03:36,615 But I know she wants that, you know, perfect flooring, 78 00:03:36,617 --> 00:03:39,017 the perfect paint, the, you know, perfect kitchen 79 00:03:39,019 --> 00:03:42,054 where, uh, it's really difficult, especially in this market, 80 00:03:42,056 --> 00:03:43,121 to find something like that. 81 00:03:43,123 --> 00:03:44,256 I think we'll be able to get it done. 82 00:03:44,324 --> 00:03:46,358 We just have to, you know, trust the process. 83 00:03:46,460 --> 00:03:48,527 -We'll be able to find something that you love. -Mmm-hmm. 84 00:03:48,529 --> 00:03:50,462 Something that's also great investment for Mike. 85 00:03:50,531 --> 00:03:51,530 [upbeat music playing] 86 00:03:53,601 --> 00:03:56,535 Two-flat, in West Town? $475,000? 87 00:03:56,637 --> 00:03:59,605 Yeah. I mean, I... I love West Town. 88 00:03:59,607 --> 00:04:01,406 And we're pretty close to the L. 89 00:04:01,408 --> 00:04:05,444 But this curb appeal is just not great. 90 00:04:05,545 --> 00:04:06,812 We are in West Town. 91 00:04:06,814 --> 00:04:10,716 -Sure. -So West Town, two-flat, under $500,000. 92 00:04:10,718 --> 00:04:12,317 -Not a lot of them. -[Colleen] Right. 93 00:04:12,319 --> 00:04:13,485 -[Jarret] So let's keep an open mind. -[Colleen] Okay. 94 00:04:13,487 --> 00:04:16,321 West Town has been an area that is highly sought after, 95 00:04:16,323 --> 00:04:19,758 because of just being very central in Chicago, where transportation is close, 96 00:04:19,860 --> 00:04:22,361 with buses, train systems, and the highway system. 97 00:04:22,429 --> 00:04:25,063 And if they're renting out to short-term renters, 98 00:04:25,165 --> 00:04:29,167 getting to festivals, concerts and other events around Chicago 99 00:04:29,169 --> 00:04:31,069 would be very easy for them 100 00:04:31,071 --> 00:04:34,206 [Jarret] The first floor uni is a two-bed, one-bath. Similar to the upstairs. 101 00:04:34,208 --> 00:04:36,608 -Okay. -There's about 800 square feet down here. 102 00:04:36,610 --> 00:04:40,112 [Mike] My favorite part about this property is the two-flat. 103 00:04:40,114 --> 00:04:43,815 Having that second unit down there. You could probably fit six guests. 104 00:04:43,817 --> 00:04:45,517 That's definitely a huge plus for me. 105 00:04:45,519 --> 00:04:46,818 So I really like that aspect. 106 00:04:46,887 --> 00:04:49,021 [Jarret] So, let's take a look upstairs. I'll lead the way. 107 00:04:49,023 --> 00:04:50,022 [Colleen] Sure. 108 00:04:50,024 --> 00:04:51,622 [dynamic music playing] 109 00:04:52,960 --> 00:04:56,361 -[Jarret] Okay. Welcome, welcome. -[Colleen] Cool. Okay. 110 00:04:56,430 --> 00:05:00,299 [Jarret] Okay, so we are in essentially the living room space. 111 00:05:00,301 --> 00:05:01,700 They did leave some furniture. 112 00:05:01,702 --> 00:05:04,903 [Colleen] I don't know. It's not that big. 113 00:05:04,905 --> 00:05:06,505 [Mike] Really good natural light here. 114 00:05:06,507 --> 00:05:08,607 -We'd wanna paint, we'd wanna do the trim. -Yep. 115 00:05:08,609 --> 00:05:11,009 [Mike] I think maybe go black on the trim. 116 00:05:11,011 --> 00:05:13,045 -Black? [laughs] -More modern. 117 00:05:13,113 --> 00:05:14,813 Yeah, black's... Black's like a new thing. 118 00:05:14,815 --> 00:05:16,648 Like, you'd definitely-- You could paint it black if you wanted to. 119 00:05:16,717 --> 00:05:17,716 -No. -[Jarret] Okay. 120 00:05:17,718 --> 00:05:19,318 That is not a thing. 121 00:05:19,320 --> 00:05:20,719 [Jarret] All right. So, dining room. 122 00:05:20,721 --> 00:05:22,487 [Colleen] The size is pretty good. 123 00:05:22,489 --> 00:05:24,523 Do you guys do a lot of entertaining? 124 00:05:24,525 --> 00:05:28,060 I mean, we couldn't in our last place because it was so small. 125 00:05:28,161 --> 00:05:30,028 Having this space would be helpful for us. 126 00:05:30,030 --> 00:05:32,397 I like planning. I like hosting. 127 00:05:32,399 --> 00:05:33,798 I mean, I need that. 128 00:05:33,800 --> 00:05:35,400 [Jarret] What are your thoughts on this kitchen? Come on in. 129 00:05:35,402 --> 00:05:36,935 [Colleen] It's not very big 130 00:05:36,937 --> 00:05:39,037 -There's a huge lack of counter space. -[Colleen sighs] 131 00:05:39,139 --> 00:05:41,139 There's really nowhere you could put... 132 00:05:41,241 --> 00:05:42,741 the food, you know. 133 00:05:42,743 --> 00:05:43,742 -Where are you gonna put the cutting board? -[Jarret] Yeah. 134 00:05:43,811 --> 00:05:45,143 What is this? This is so awkward. 135 00:05:45,245 --> 00:05:46,812 What, am I supposed to climb in there? 136 00:05:46,814 --> 00:05:48,080 [Mike] What do we got back there? [laughing] 137 00:05:48,181 --> 00:05:49,614 -[Jarret] Yeah, you could climb on in. -Hello! [laughing] 138 00:05:49,616 --> 00:05:52,250 So that's... That is essentially your pantry right now. 139 00:05:52,352 --> 00:05:53,218 Jarret! 140 00:05:53,286 --> 00:05:55,387 The pantry is the goofiest thing ever. 141 00:05:55,389 --> 00:05:57,322 I do not understand. 142 00:05:57,324 --> 00:06:01,326 We'd make an adjustment if we were to pick this place, for sure. [chuckles] 143 00:06:01,328 --> 00:06:03,362 I'm definitely thinking 144 00:06:03,430 --> 00:06:05,564 a gut rehab of this. 145 00:06:05,665 --> 00:06:07,999 [Jarret] Okay. Probably like, $15 to $20K for this-- 146 00:06:08,001 --> 00:06:09,601 -[Colleen exclaims] -'Cause it's gonna be your kitchen, right? 147 00:06:09,603 --> 00:06:11,636 -You're gonna live here, so... -No, I know. It sounds expensive. 148 00:06:11,705 --> 00:06:13,839 -But, like, I don't like this in its... -[Jarret] Yeah. 149 00:06:13,940 --> 00:06:15,540 ...current form, so we'd have to. 150 00:06:15,609 --> 00:06:17,609 [Jarret] All right. So now, we have our full bat 151 00:06:17,611 --> 00:06:20,946 Everything is very dated. If we're meaning to do the kitchen, 152 00:06:20,948 --> 00:06:23,615 I'd rather not fully redo a bathroom too. 153 00:06:24,418 --> 00:06:26,184 [Jarret] We've got two bedrooms. 154 00:06:26,186 --> 00:06:27,352 -[Colleen] Yeah. -[Jarret] So let's check ou the primary bedroom. 155 00:06:27,454 --> 00:06:29,621 [Colleen] This is decent space. 156 00:06:29,623 --> 00:06:33,058 And the... The closet space is fine. It's not bad. 157 00:06:33,126 --> 00:06:35,627 [Mike] We're sharing a closet right now, so we can make it work. 158 00:06:35,629 --> 00:06:37,629 Okay. Second bedroom. 159 00:06:37,631 --> 00:06:39,598 [Colleen] Okay, this is tiny. 160 00:06:39,600 --> 00:06:41,700 We can maybe do, like, a desk here. 161 00:06:41,702 --> 00:06:44,669 I was looking for something a little bigger for a second bedroom. 162 00:06:44,671 --> 00:06:47,839 -At least it has one. We don't need that now. -[Jarret] Right. 163 00:06:47,908 --> 00:06:50,008 So there's actually an outdoor area that I want you guys to see. 164 00:06:50,010 --> 00:06:52,144 -[Colleen] Okay. Oh! -[Jarret] This is one of two 165 00:06:52,245 --> 00:06:54,146 -[Mike] Oh, this is great. - [Colleen] This is actua kind of cute. 166 00:06:54,247 --> 00:06:57,549 I mean, I think it's nice just to be able to come out here, you know, eat breakfast. 167 00:06:57,618 --> 00:06:59,518 -Yeah. -Out on the balcony. Get some fresh air. 168 00:06:59,520 --> 00:07:02,654 [Colleen] Looks like there's an outdoor space down there too. 169 00:07:02,723 --> 00:07:05,056 That's solid down there. I think our guests would really enjoy, 170 00:07:05,058 --> 00:07:06,625 you know, just the ability to go outside like that. 171 00:07:06,627 --> 00:07:07,492 -[Colleen] Yeah. -[Jarret] Sure. 172 00:07:07,494 --> 00:07:09,160 [Mike] You know, we could put-- 173 00:07:09,162 --> 00:07:10,562 -Maybe a little, like-- -[Colleen] Clean it out, make it cute. 174 00:07:10,564 --> 00:07:12,330 -Couches. Maybe, like, a grill. A table. -[Jarret] Yeah. 175 00:07:12,332 --> 00:07:14,199 -[Mike] Yeah. -[Jarret] Yeah, sure. You could be cooking. 176 00:07:14,201 --> 00:07:15,600 Colleen's down there, entertaining. 177 00:07:15,602 --> 00:07:17,135 -You're yelling over the balcony... -Yeah. [chuckling] 178 00:07:17,237 --> 00:07:18,437 [Jarret] "What do you need? Do you need a drink?" 179 00:07:18,538 --> 00:07:19,804 -Yeah. -Yeah, just help us visualize it. 180 00:07:19,807 --> 00:07:21,740 -[Jarret] Done, done. Easy. -Throw her a beer. [laughs] 181 00:07:21,775 --> 00:07:23,174 [Jarret] Easy. So, let's walk back inside. 182 00:07:23,176 --> 00:07:24,543 -You're good at your job, Jarret. -Thanks. I try, I try. 183 00:07:24,611 --> 00:07:26,111 [chuckling] 184 00:07:26,113 --> 00:07:29,214 [Jarret] So, what do you guy think about the, uh, two-fla 185 00:07:29,216 --> 00:07:32,217 [Colleen] Looking at this space, it doesn't feel 186 00:07:32,219 --> 00:07:34,653 a lot bigger than what we have now. 187 00:07:34,721 --> 00:07:36,655 I mean, it's nice to have the two bedrooms. 188 00:07:36,723 --> 00:07:38,055 I love the area. 189 00:07:38,125 --> 00:07:41,126 But at the same time, this curb appeal... It's terrible. 190 00:07:41,128 --> 00:07:44,062 You know, in terms of, like, the kitchen, the bathroom, 191 00:07:44,064 --> 00:07:46,565 I know we're gonna have to put a lot of money into the place. 192 00:07:46,600 --> 00:07:48,199 [Colleen] Mmm-hmm. 193 00:07:48,201 --> 00:07:50,035 But one of the things I like about the place a lot is that, you know... 194 00:07:50,037 --> 00:07:51,936 It's a two-flat. 195 00:07:51,938 --> 00:07:54,906 Having that second unit downstairs, you know, we can definitely be able to 196 00:07:54,908 --> 00:07:56,842 you know, do short-term rental downstairs. 197 00:07:56,910 --> 00:07:59,411 Two bedrooms, one bath. What do you think we could get for that? 198 00:07:59,413 --> 00:08:03,114 For in the warmer months, it could get up anywhere between $200 to $250 a night, 199 00:08:03,116 --> 00:08:04,549 which is pretty substantial. 200 00:08:04,551 --> 00:08:07,619 Wow. I thought it'd be lower than that, but that's pretty awesome. 201 00:08:07,621 --> 00:08:09,955 -[Jarret] Yeah, it's pretty great, so... -Yeah. 202 00:08:09,957 --> 00:08:12,557 And that could definitely handle, you know, a good portion of the mortgage. 203 00:08:12,626 --> 00:08:16,027 I know Colleen isn't as focused on the short-term rental aspect 204 00:08:16,029 --> 00:08:18,129 but if we could get a substantial portion 205 00:08:18,131 --> 00:08:20,065 of that mortgage paid off each month, 206 00:08:20,100 --> 00:08:22,200 it's really gonna give us a lot more flexibility in life. 207 00:08:22,202 --> 00:08:26,204 I mean, I know you guys are both pro-two-flat, but... [laughing] 208 00:08:26,206 --> 00:08:29,107 -Yeah. -I'm really looking for a single-family home, so... 209 00:08:29,109 --> 00:08:31,409 -[Jarret] Sure. Sure. -Yeah. I'd love to see one. 210 00:08:31,411 --> 00:08:33,845 And then just see kind of how that feels compared. 211 00:08:35,616 --> 00:08:36,815 [upbeat music playing] 212 00:08:41,021 --> 00:08:42,921 [Colleen] I'm super excited to see this. 213 00:08:42,923 --> 00:08:45,624 [narrator] So now, Colleen and Mike are in the Chicago neighborhood 214 00:08:45,725 --> 00:08:49,828 of Humboldt Park to see the type of house she wants, a single-family. 215 00:08:49,897 --> 00:08:52,330 Oh, this is so cute! 216 00:08:52,332 --> 00:08:55,934 Look at the scallops at the top. It's so charming. 217 00:08:55,936 --> 00:08:58,970 [Mike] Really nice curb appeal. 218 00:08:58,972 --> 00:09:03,208 I selected this property today because of the character that Colleen is going to love. 219 00:09:03,210 --> 00:09:05,143 And also the feel of a home. 220 00:09:05,212 --> 00:09:07,913 Michael potentially might not like it as much as Colleen, 221 00:09:07,915 --> 00:09:10,615 but it also has the potential for a short-term rental 222 00:09:10,684 --> 00:09:12,250 in the basement that is finished. 223 00:09:12,319 --> 00:09:13,952 -Yeah. -We're kind of farther away. 224 00:09:13,954 --> 00:09:16,721 You gotta take, like, a bus to a train to get to the city. 225 00:09:16,723 --> 00:09:18,423 -[Colleen] Yeah. -[Mike] I could see it bein difficult for our guests. 226 00:09:18,425 --> 00:09:20,926 You know, to wanna be able to travel around and... 227 00:09:20,928 --> 00:09:22,426 -Yeah. -Move. 228 00:09:22,428 --> 00:09:23,995 -[Colleen] That's true. But-- -You know, in terms of transport. 229 00:09:23,997 --> 00:09:26,398 -Let's take a look. 'Cause I'm excited to see... -Yeah. 230 00:09:26,400 --> 00:09:28,199 ...a nice big space for us. 231 00:09:28,201 --> 00:09:29,935 -It's really cool. -[Jarret] Sure. 232 00:09:29,937 --> 00:09:32,203 [Colleen] A lot of historic like, Chicago charm. 233 00:09:32,205 --> 00:09:33,805 -[Jarret] Yep. -Which I absolutely love. 234 00:09:33,907 --> 00:09:35,941 [Jarret] This would be considered maybe your dining space. 235 00:09:35,943 --> 00:09:39,177 Yeah. It would be nice to get a big table here. 236 00:09:39,179 --> 00:09:40,812 Like, seat eight of my friends. 237 00:09:40,881 --> 00:09:43,949 With the high ceilings, make it feel very, just like, inviting. 238 00:09:43,951 --> 00:09:45,317 -[Jarret] Right. -That's our bedroom? 239 00:09:45,319 --> 00:09:47,218 -That would be your bedroom. -Okay, let's see that. 240 00:09:47,220 --> 00:09:49,521 -'Cause, right now, it looks pretty small. -[Jarret] Yeah. 241 00:09:49,523 --> 00:09:51,323 Okay, let's check it out. 242 00:09:51,325 --> 00:09:54,359 -Yes, it is. - [Colleen] Okay... 243 00:09:54,461 --> 00:09:57,228 -The Chicago historic charm comes with its quirks. -[Jarret] Sure. Sure. 244 00:09:57,230 --> 00:09:59,030 -[Colleen] Including the tiny bedroom. -[Jarret] Yep. 245 00:09:59,032 --> 00:10:00,799 Would you put anything on that wall or this wall... 246 00:10:00,801 --> 00:10:03,702 I just can't even visualize this here, 'cause we have our, like, nice night stands 247 00:10:03,803 --> 00:10:07,138 on both sides, which we could never do here. 248 00:10:07,240 --> 00:10:09,274 -It just doesn't make sense to me. -Okay. 249 00:10:09,342 --> 00:10:11,176 -I was loving it, and now this is-- -[Jarret] Yep. 250 00:10:11,178 --> 00:10:12,410 [Colleen] Just not great. 251 00:10:12,412 --> 00:10:15,313 -[Jarret] So, here's your kitchen. -[Colleen] Okay! 252 00:10:15,315 --> 00:10:18,683 -I mean, I love green on my shirts, but.. . [laug] -[Jarret] Sure, absolutely. 253 00:10:18,685 --> 00:10:20,986 -[Colleen laughing] But not on the counters. -[Jarret] Okay, okay. 254 00:10:20,988 --> 00:10:23,054 [Mike] One thing that I really like about this kitchen space 255 00:10:23,156 --> 00:10:24,356 is that it's huge. 256 00:10:24,457 --> 00:10:25,423 -[Jarret] Yep. -[Mike] Um... 257 00:10:25,425 --> 00:10:26,691 [Colleen] Yeah. 258 00:10:26,693 --> 00:10:28,259 [Mike] I mean, there's plent of counter space. 259 00:10:28,361 --> 00:10:30,328 They finished this bathroom recently. 260 00:10:30,330 --> 00:10:34,399 [Colleen] It's updated. But it's just really not my style. 261 00:10:34,401 --> 00:10:36,968 I mean, we can make this wor 'cause we have before, 262 00:10:36,970 --> 00:10:39,771 but it's just not a lot, and we're, you know, buying, 263 00:10:39,773 --> 00:10:41,673 so I'd like to have a little more space. 264 00:10:41,675 --> 00:10:45,243 -Okay. -[Colleen] But obviously, things can be renovated. 265 00:10:46,013 --> 00:10:47,912 [Jarret] Second bedroom/office. 266 00:10:47,914 --> 00:10:50,148 -[Colleen] So it'd have to b like, a long, skinny desk. - [Jarret] Yep. 267 00:10:50,250 --> 00:10:51,583 Make it work. 268 00:10:51,585 --> 00:10:54,519 Having that single-family home vibe is really important to me. 269 00:10:54,521 --> 00:10:56,955 And I do love the older home 270 00:10:56,957 --> 00:10:59,824 At the same time, my biggest concern about the house is 271 00:10:59,893 --> 00:11:01,626 there's not a lot of space. 272 00:11:01,695 --> 00:11:04,429 [Jarret] Check out this back area. I think you're gonna like it. 273 00:11:04,431 --> 00:11:06,197 -[Colleen] Wow. This is huge -[Mike] Oh! 274 00:11:06,199 --> 00:11:07,865 This is great! 275 00:11:07,867 --> 00:11:10,502 Seeing this backyard is amazing. I can see us having a lot of friends over, 276 00:11:10,504 --> 00:11:11,602 grilling outside... 277 00:11:11,605 --> 00:11:13,304 There's so much we could do with this. 278 00:11:13,306 --> 00:11:14,606 [Jarret] So that kind of, you know, leads us 279 00:11:14,608 --> 00:11:17,208 into the separate, uh, unit down here. 280 00:11:17,210 --> 00:11:19,611 -[door creaking] -For a short-term rental. Potential. 281 00:11:19,613 --> 00:11:22,747 -Watch your head. The ceilings are lower. -[Colleen] Ooh. Yeah. 282 00:11:22,749 --> 00:11:25,517 This is interesting. I feel like you guys look like giants... 283 00:11:25,519 --> 00:11:28,420 -[Jarret] Yeah. -...in this space because it's so... 284 00:11:28,422 --> 00:11:31,056 -Small. -Yeah, definitely, uh, was not built for a tall person. 285 00:11:31,124 --> 00:11:32,724 -I mean, I think-- -[Colleen] Yeah. 286 00:11:32,726 --> 00:11:33,958 My hair's touching that thing. 287 00:11:33,960 --> 00:11:36,227 [Jarret] So this would be essentially kitchen space. 288 00:11:36,229 --> 00:11:39,064 You have your washer, dryer hook-up there. 289 00:11:39,099 --> 00:11:41,199 I mean, there's potential. You know, we could put an oven there. 290 00:11:41,201 --> 00:11:42,033 -[Jarret] Yeah. -[Colleen] I mean-- 291 00:11:42,135 --> 00:11:43,768 Think about, like, the paint too. 292 00:11:43,770 --> 00:11:45,369 [Colleen] Like, we wanna make this feel brighter. 293 00:11:45,371 --> 00:11:47,238 -[Jarret] Yeah. -[Colleen] Obviously, we're in a basement. 294 00:11:47,340 --> 00:11:48,907 But also, doing short-term rentals, 295 00:11:48,909 --> 00:11:50,641 you don't need to give them everything. 296 00:11:50,643 --> 00:11:52,811 -They're here for a few days. So just... Microwave, sink... -[Mike] That's true. 297 00:11:52,879 --> 00:11:54,913 -Microwave. Fridge. Keep it simple. -[Jarret] Yep. Done. 298 00:11:54,915 --> 00:11:57,549 So, this would be the bedroo 299 00:11:57,650 --> 00:11:58,950 [Mike chuckling] This is bigger than the one upstairs 300 00:11:58,952 --> 00:12:00,051 -Yeah. -Yeah. 301 00:12:00,153 --> 00:12:02,320 [Jarret] This would be the bathroom. 302 00:12:02,322 --> 00:12:04,556 [Colleen] This is so weird. 303 00:12:04,624 --> 00:12:06,357 [chuckling] Just the basics in a bathroom. 304 00:12:06,459 --> 00:12:08,159 [Mike] There's also no fan in the bathroom. 305 00:12:08,161 --> 00:12:09,327 -[Jarret] That's true. -[Colleen] And like, we're in the basement. 306 00:12:09,329 --> 00:12:10,829 -So it... Just the moisture. -[Jarret] Yeah. 307 00:12:10,897 --> 00:12:12,530 Yeah. I could see that being an issue in the future. 308 00:12:12,532 --> 00:12:15,400 -So that can be anywhere from $500 to $1,000. -Okay. 309 00:12:15,402 --> 00:12:18,403 The finished basement, uh... You know, it's got its ups and downs. 310 00:12:18,405 --> 00:12:19,537 I'm glad it's there. 311 00:12:19,539 --> 00:12:21,506 You can pay off a portion of the mortgage. 312 00:12:21,508 --> 00:12:23,308 You know, even half would be great. 313 00:12:23,310 --> 00:12:25,410 But it needs a little bit of work. And, uh... 314 00:12:25,412 --> 00:12:26,711 The ceilings are really short. 315 00:12:26,780 --> 00:12:30,115 So I think that can definitely be an issue. [chuckles] 316 00:12:30,117 --> 00:12:33,318 Uh, yeah... [chuckles] Maybe just ask for, like... short... [chuckles] 317 00:12:33,320 --> 00:12:35,487 Short short renters. [chuckles] 318 00:12:35,489 --> 00:12:37,455 [Jarret] Essentially, with renovating the downstairs, 319 00:12:37,557 --> 00:12:40,625 you could probably bring in around $100 to $125 a night 320 00:12:40,627 --> 00:12:43,728 If you didn't renovate it, and you just kept it at its current state, 321 00:12:43,730 --> 00:12:45,463 it'd be around $75 a night. 322 00:12:45,565 --> 00:12:46,297 -So-- -Ooh. 323 00:12:46,299 --> 00:12:47,298 It's something to think about. 324 00:12:47,300 --> 00:12:48,666 So what did you guys think about the home? 325 00:12:48,668 --> 00:12:50,802 [Colleen] When you walk in, the high ceilings, 326 00:12:50,904 --> 00:12:54,005 the historic charm of inside... 327 00:12:54,007 --> 00:12:57,509 I just love it. The dining space is really great for hosting too. 328 00:12:57,511 --> 00:13:00,411 [Mike] Great-sized kitchen. The bathroom is already nice 329 00:13:00,413 --> 00:13:03,915 And having that potential short-term rental unit downstairs 330 00:13:03,917 --> 00:13:05,182 is definitely a plus. 331 00:13:05,184 --> 00:13:07,986 On the flipside of that, less revenue potential. 332 00:13:07,988 --> 00:13:10,054 And also, it's small bedrooms and closets, though. 333 00:13:10,123 --> 00:13:12,056 -[Mike] Yeah. -Like, I don't know if I could even picture myself there. 334 00:13:12,058 --> 00:13:13,991 We have a lot of big furniture. 335 00:13:14,060 --> 00:13:17,262 -[suspenseful music playing] -[narrator] Since no place has fully landed for them ye 336 00:13:17,330 --> 00:13:19,931 Mike is hoping this more modern home will do the trick. 337 00:13:19,933 --> 00:13:21,666 [Mike] This is amazing. 338 00:13:22,702 --> 00:13:23,734 [upbeat music playing] 339 00:13:28,708 --> 00:13:30,809 -[Colleen] Looks pretty big. -[Mike] Yeah. 340 00:13:30,811 --> 00:13:33,178 Looks big. Looks really modern. I like that. 341 00:13:33,180 --> 00:13:35,780 -Single-family home... -[Colleen] I'm intrigued. 342 00:13:36,683 --> 00:13:37,715 Colleen, how are you? 343 00:13:37,717 --> 00:13:39,384 -Good! How are you? -Good to see you. 344 00:13:39,386 --> 00:13:40,451 -Good. -How nice to see you. 345 00:13:40,453 --> 00:13:42,419 -Hey, Mike, how are you doing? -Good to see you. 346 00:13:42,421 --> 00:13:45,723 [narrator] Mike and Colleen are in the area of Chicago called the Medical District 347 00:13:45,759 --> 00:13:48,526 Since their agent thinks this neighborhood will appreciate. 348 00:13:48,528 --> 00:13:51,329 [Jarret] We have a three-bedroom, two-and-a-half bath. 349 00:13:51,398 --> 00:13:53,198 -[Colleen] Okay. -Basement could be... 350 00:13:53,200 --> 00:13:55,600 Turned into a long-term rental or short-term rental. 351 00:13:55,602 --> 00:13:58,369 -This would be your sitting formal area here. - [Colleen] Okay. 352 00:13:58,371 --> 00:14:00,305 [Jarret] That which flows into, then, the dining room 353 00:14:00,307 --> 00:14:03,608 I don't love the, like... 354 00:14:03,677 --> 00:14:07,278 Wallpaper, the light fixture but those are things that we could easily change 355 00:14:07,280 --> 00:14:10,882 The bones are good. I like how big the space is up here. 356 00:14:10,884 --> 00:14:12,617 [Jarret] And then, what do you guys think about this kitchen? 357 00:14:12,719 --> 00:14:14,519 -[Colleen] Wow! -[Mike] Looks great. 358 00:14:14,587 --> 00:14:16,588 -[Colleen] I mean, it's pretty big. - [Jarret] Yep. 359 00:14:16,590 --> 00:14:20,291 [Mike] This is amazing. There's so much counter spac Modern appliances. 360 00:14:20,293 --> 00:14:23,161 -I mean, the kitchen isn't, like, my total style, per se. -Sure. 361 00:14:23,163 --> 00:14:26,464 [Colleen] But the, like, space is great. 362 00:14:26,466 --> 00:14:29,701 I would probably switch these out, maybe paint these. 363 00:14:29,703 --> 00:14:32,470 [Jarret] To paint the cabinets, it would be $3K to $5K. 364 00:14:32,472 --> 00:14:34,606 And then, the counter tops would probably be, like, $2K. 365 00:14:34,608 --> 00:14:37,108 Yeah, and I think it's not something we urgently need to do. 366 00:14:37,110 --> 00:14:39,177 But definitely something we can, you know, look into in the future. 367 00:14:39,179 --> 00:14:39,911 [Colleen] Sure. 368 00:14:39,913 --> 00:14:41,112 [dynamic music playing] 369 00:14:43,083 --> 00:14:44,215 [Jarret] Come on out. 370 00:14:44,317 --> 00:14:46,684 I was really hoping for a much bigger yard. 371 00:14:46,686 --> 00:14:48,720 [Colleen laughs] I mean, the deck is fine. 372 00:14:48,722 --> 00:14:51,289 We can definitely have, like, a table, utilize this space. 373 00:14:51,291 --> 00:14:54,058 -There's space for being outdoors. -[Mike] Yeah. 374 00:14:54,060 --> 00:14:55,827 [Colleen] I'm excited that there's an upstairs. 375 00:14:55,829 --> 00:14:59,063 So you live downstairs, you sleep upstairs. 376 00:14:59,065 --> 00:15:00,732 [Jarret] First bedroom. 377 00:15:00,767 --> 00:15:01,865 [Colleen] Purple! 378 00:15:01,868 --> 00:15:04,469 I mean, the space is great. The light's great. 379 00:15:04,471 --> 00:15:06,804 It's not my style at all, but-- 380 00:15:06,806 --> 00:15:08,940 -Sure. -Easily paintable, obviously. 381 00:15:08,942 --> 00:15:11,009 -[Jarret] Yep. -[Colleen] This is a nice si for an office. 382 00:15:11,011 --> 00:15:12,810 [Jarret] So this could be, like, office number two. 383 00:15:12,912 --> 00:15:15,580 [Colleen] I don't know about being, like, right next to each other. 384 00:15:15,582 --> 00:15:18,383 -We're both loud. -[Jarret] Yeah. You're loud, Mike. 385 00:15:18,385 --> 00:15:20,985 [Jarret] On the right-hand side, a full bathroom. 386 00:15:20,987 --> 00:15:24,489 -[Mike chuckling] -[Colleen] No, this feels so... Just, like, dated. 387 00:15:24,491 --> 00:15:25,990 [chuckles] 388 00:15:26,059 --> 00:15:27,525 I mean, it's got a shower with a tub. I know that's gonna be great 389 00:15:27,527 --> 00:15:28,993 in terms of, like, resale value. 390 00:15:28,995 --> 00:15:31,396 -[Jarret] We're going from red to turquoise. -[Colleen laughs] 391 00:15:31,398 --> 00:15:33,965 -[Jarret] Primary suite. -[Colleen] Oh, yeah. It's a pretty good size. 392 00:15:33,967 --> 00:15:34,699 [Mike] Wow. 393 00:15:34,701 --> 00:15:36,000 Oh, yeah. This is huge. 394 00:15:36,002 --> 00:15:37,502 [Mike] Probably be able to p a king-sized bed here. 395 00:15:37,603 --> 00:15:39,570 What are your thoughts on this bathroom? 396 00:15:39,572 --> 00:15:41,906 -[Mike] I see that. -[Colleen] Yeah, the double vanity is clutch. 397 00:15:41,908 --> 00:15:46,945 We have a single vanity now, and we make do, but having our own, it would be awesome. 398 00:15:46,947 --> 00:15:49,480 I think you're gonna like this basement. 399 00:15:49,482 --> 00:15:53,318 It's unfinished, but it's a lot of potential for short-term, 400 00:15:53,386 --> 00:15:55,119 long-term rental. 401 00:15:55,121 --> 00:15:56,955 [Jarret] Look at all of this space. 402 00:15:56,957 --> 00:15:59,223 -[Colleen] Wow! -[Jarret] You can definitel do a lot in here. 403 00:15:59,225 --> 00:16:02,727 What are you thinking? 'Cause I'm not 100% sure how this would work. 404 00:16:02,729 --> 00:16:06,965 [Jarret] So, what we could essentially do here is add an entrance on the side, 405 00:16:06,967 --> 00:16:11,202 drywall, build a kitchen, you know, put in some furniture. 406 00:16:11,271 --> 00:16:14,605 And then, you could essentially have, like, a studio apartment down here. 407 00:16:14,707 --> 00:16:16,574 [Mike] You have any idea what something like that might cost? 408 00:16:16,576 --> 00:16:19,610 Maybe $20K to $30K for that whole project right there. 409 00:16:19,612 --> 00:16:23,514 But for short term rentals, you could potentially get $125 to $150 a night. 410 00:16:23,616 --> 00:16:24,916 [Colleen] I mean, that sounds good. 411 00:16:24,918 --> 00:16:27,218 But I don't even know if guests for short-term rentals 412 00:16:27,220 --> 00:16:28,719 would be even looking over here. 413 00:16:28,721 --> 00:16:31,823 But with us being in the Medical District, you would have doctors, 414 00:16:31,924 --> 00:16:34,826 nurses doing residencies, 415 00:16:34,828 --> 00:16:36,460 being here for three to six months. 416 00:16:36,462 --> 00:16:38,997 You could really get some really great income from this area. 417 00:16:38,999 --> 00:16:40,732 -[Colleen] Right, like-- Yea -[Mike] Traveling nurses or. 418 00:16:40,800 --> 00:16:43,101 -The medium term... -Yeah. People who come in and visit. Yeah. 419 00:16:43,103 --> 00:16:44,736 -[Colleen] Whatever it is. -Exactly. 420 00:16:44,738 --> 00:16:46,671 [Colleen] And for how long would it take from, like, start to finish, 421 00:16:46,673 --> 00:16:47,938 getting this done? 422 00:16:47,940 --> 00:16:49,707 Something in, conservatively, like four to six months. 423 00:16:49,809 --> 00:16:52,510 [Colleen] The idea of it is interesting. 424 00:16:52,512 --> 00:16:54,712 -Something to think about. -[Mike] Yeah. I mean, really nice space. 425 00:16:54,714 --> 00:16:56,814 Big area here. Uh... 426 00:16:56,816 --> 00:16:58,016 You know, I think we could make this really nice. 427 00:16:58,018 --> 00:16:59,150 [dynamic music playing] 428 00:17:01,187 --> 00:17:02,820 [Mike] I really like how modern it is. 429 00:17:02,889 --> 00:17:04,222 And the spacious kitchen. 430 00:17:04,323 --> 00:17:05,756 -[Jarret] Yep. -[Mike] That's a huge plus. 431 00:17:05,758 --> 00:17:09,427 I mean, those are great, but then, thinking about downstairs... 432 00:17:09,429 --> 00:17:12,897 Like, I wanna spend money for us up here. 433 00:17:12,899 --> 00:17:15,199 It sounds like a lot downstairs too. 434 00:17:15,301 --> 00:17:17,201 That's pretty concerning. And then, the location too. 435 00:17:17,303 --> 00:17:22,707 I know it's good for guests, but for us, it's just not as practical. 436 00:17:22,775 --> 00:17:25,676 Although I see this as more, you know, analytical point of view 437 00:17:25,678 --> 00:17:28,312 I know the emotional side's really important too, 438 00:17:28,314 --> 00:17:31,182 so we just have to find a place that we could really thrive in ourselves 439 00:17:31,184 --> 00:17:33,518 and ideally a place where we can make money. 440 00:17:35,822 --> 00:17:37,522 [upbeat music playing] 441 00:17:41,428 --> 00:17:45,663 Looks like it's gonna be about 30, 33 minutes to get to my mom's right now. 442 00:17:45,665 --> 00:17:47,398 Okay. 443 00:17:47,400 --> 00:17:50,101 [narrator] Mike and Colleen are going to use this time to try to decide 444 00:17:50,103 --> 00:17:52,970 on which house in Chicago they should choose. 445 00:17:52,972 --> 00:17:54,739 [Mike] What do you think about the two-flat? 446 00:17:54,741 --> 00:17:57,375 [Colleen] I love that it's in West Town. 447 00:17:57,377 --> 00:18:00,511 I mean, we're over there already so often for, you know, 448 00:18:00,513 --> 00:18:03,081 some of our favorite restaurants, and it's so close to the city. 449 00:18:03,083 --> 00:18:06,717 So just being able to actually live there would be so awesome. 450 00:18:06,719 --> 00:18:08,619 And the dining space is pretty nice too. 451 00:18:08,688 --> 00:18:11,189 I could totally imagine our friends coming over ther 452 00:18:11,191 --> 00:18:12,423 and us hosting. 453 00:18:12,525 --> 00:18:15,660 [Mike] Yeah. Also having it two-bedroom, one bath, 454 00:18:15,662 --> 00:18:18,830 definitely the most potentia income, you know, in terms of being able to rent it out 455 00:18:18,931 --> 00:18:23,968 It's not a very charming curb appeal for our guests, 456 00:18:23,970 --> 00:18:26,104 our friends, for us. 457 00:18:26,106 --> 00:18:30,108 [Mike] The kitchen and the bathroom are also not the best we've seen. 458 00:18:30,176 --> 00:18:32,109 We'd have to put a lot of work into that. 459 00:18:32,111 --> 00:18:34,612 [Colleen] Well, what do you think about the Victorian, with the finished basement? 460 00:18:34,614 --> 00:18:37,381 [Mike] Lowest price we've seen. Like that a lot 461 00:18:37,383 --> 00:18:39,050 It's also got a really great back yard. 462 00:18:39,052 --> 00:18:42,386 Yeah, and just the curb appeal is so charming. 463 00:18:42,388 --> 00:18:46,591 Walking into... With the living room, dining room, high ceilings, 464 00:18:46,593 --> 00:18:48,126 archways... [exclaims] I just love it. 465 00:18:48,128 --> 00:18:51,295 I could definitely imagine us hosting. 466 00:18:51,297 --> 00:18:53,498 On the other end though, the bedrooms. 467 00:18:53,500 --> 00:18:54,932 Just tiny. 468 00:18:54,934 --> 00:18:58,302 And then also, the ceilings and our unit would be... 469 00:18:58,304 --> 00:19:01,606 So tall, [laughs] but thinking about the ceilings in the lower unit... 470 00:19:01,608 --> 00:19:03,407 Like, you could barely walk down there. 471 00:19:03,509 --> 00:19:06,210 And just the location is not prime. 472 00:19:06,312 --> 00:19:11,082 And the potential income for a property like that is gonna be the lowest. 473 00:19:11,084 --> 00:19:13,918 [Colleen] Well, what do you think about the modern home 474 00:19:13,920 --> 00:19:15,419 with the unfinished basement 475 00:19:15,521 --> 00:19:17,922 [Mike] I love the style of i Very modern. 476 00:19:17,924 --> 00:19:20,124 A lot of space in the kitche 477 00:19:20,226 --> 00:19:23,928 [Colleen] The space overall is just incredible. I can imagine us hosting. 478 00:19:23,930 --> 00:19:26,731 -Also, just upstairs, three bed, two bath-- -Yeah. 479 00:19:26,766 --> 00:19:29,200 -[Colleen] Which would be so luxurious. -[Mike] That would be great 480 00:19:29,202 --> 00:19:34,705 Also, with the studio, I like the idea of being able to just really create a space 481 00:19:34,707 --> 00:19:36,040 for our guests from scratch 482 00:19:36,108 --> 00:19:38,209 But that location. I wouldn't even know where we're living. 483 00:19:38,244 --> 00:19:39,944 -[Mike] Yeah. -[Colleen] It's just a little out there. 484 00:19:39,946 --> 00:19:41,579 [Mike] Place didn't have the best outdoor space. 485 00:19:41,647 --> 00:19:44,682 Also, in terms of time frame, you know, we could be looking at over six months 486 00:19:44,684 --> 00:19:46,717 until we're earning rental income with something like that. 487 00:19:46,786 --> 00:19:47,785 [dynamic music playing] 488 00:19:54,294 --> 00:19:55,893 [doorbell rings] 489 00:19:55,895 --> 00:19:59,197 We need to figure out how much space we have for the table. 490 00:19:59,199 --> 00:20:02,767 I found something I like online, but I just don't know if it'll fit. 491 00:20:03,937 --> 00:20:05,403 [Mike] We went with the two-flat. 492 00:20:05,471 --> 00:20:06,771 [Colleen] The location's what got me. 493 00:20:06,773 --> 00:20:08,372 I love this location. 494 00:20:08,374 --> 00:20:09,940 And talking with Mike... 495 00:20:09,942 --> 00:20:12,610 We kind of talked through upgrading the kitchen, bathroom, 496 00:20:12,679 --> 00:20:14,779 kind of making it feel more like home for me, 497 00:20:14,781 --> 00:20:18,482 but also maximizing the cash money coming in downstairs, so-- 498 00:20:18,484 --> 00:20:19,950 Technically. 499 00:20:19,952 --> 00:20:21,085 [Colleen] I think we're gonn get the best of both worlds 500 00:20:21,087 --> 00:20:22,954 once everything's done up here. 501 00:20:22,956 --> 00:20:25,323 These floating shelves are gonna look great in the dining room. 502 00:20:25,325 --> 00:20:27,692 I know. What are you thinking? Two, just like, right here? 503 00:20:28,628 --> 00:20:30,628 -Yeah. -So, like, one here, One here. 504 00:20:30,696 --> 00:20:33,130 The property was listed at $475,000. 505 00:20:33,132 --> 00:20:35,600 So we came in, gave them in full $475,000. 506 00:20:35,602 --> 00:20:37,435 [Colleen] The curb appeal isn't great. 507 00:20:37,437 --> 00:20:40,905 We both know that. But I think that's why we go such a good deal on this. 508 00:20:40,907 --> 00:20:42,473 We're really happy with what we landed. 509 00:20:42,475 --> 00:20:44,809 The second bedroom is pretty small. 510 00:20:44,811 --> 00:20:47,044 But the perk of having short-term rentals too 511 00:20:47,046 --> 00:20:49,780 is you could save it for yourself, for your family. 512 00:20:49,782 --> 00:20:52,216 Or, you know, people coming in town that are your friends. 513 00:20:52,218 --> 00:20:54,785 All right, let's see what kind of space we have. 514 00:20:54,787 --> 00:20:58,723 The downstairs unit, I think that's very suitabl for a short-term rental. 515 00:20:58,824 --> 00:21:01,692 And now, we're just gonna d minor things to make it fee more at home. 516 00:21:01,694 --> 00:21:03,761 I don't remember what the full dimensions are. What is it? 517 00:21:03,763 --> 00:21:05,997 -Okay, this is 41.5 here. -Okay. 518 00:21:05,999 --> 00:21:09,033 My plan is to just finish up the downstairs in the next couple weeks. 519 00:21:09,035 --> 00:21:11,269 Make sure we could get some really good pictures down there, 520 00:21:11,271 --> 00:21:12,570 and then list it online. 521 00:21:12,572 --> 00:21:14,972 I feel like this could probably work. 522 00:21:14,974 --> 00:21:17,108 And it's like, as long as people could walk through here, 523 00:21:17,110 --> 00:21:19,410 and it doesn't come out so far, it should be fine. 524 00:21:19,412 --> 00:21:20,911 -Okay. -I think it should fit. I'll just buy it. 525 00:21:20,913 --> 00:21:22,613 [Mike] I think we made a great decision together. 526 00:21:22,715 --> 00:21:25,016 We're gonna make a lot of new memories here as a couple. 527 00:21:25,018 --> 00:21:26,217 We're gonna have a lot of fun. 528 00:21:26,219 --> 00:21:28,319 [Colleen] I think it was the right decision for us. 529 00:21:28,388 --> 00:21:29,687 [Mike] Yeah. I agree.