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[keith] orlando, florida.
2
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It's an international
vacation destination
3
00:00:10,277 --> 00:00:11,844
And one of the hottest
real estate markets
4
00:00:11,912 --> 00:00:13,112
In the united states.
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00:00:14,515 --> 00:00:16,915
I'm keith ori
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00:00:16,983 --> 00:00:19,784
And I've been flipping zombies
in this city for years.
7
00:00:19,854 --> 00:00:22,788
This is a $10,000 bet
that you can repurpose
8
00:00:22,790 --> 00:00:25,957
These cabinets,
basically, today.
9
00:00:26,026 --> 00:00:29,427
I recently reunited with
my friend, investor peter duke.
10
00:00:29,429 --> 00:00:31,363
Oh yeah, I can see
a duct right there, dude.
11
00:00:31,431 --> 00:00:34,466
-That's money, dude.
-This guy's all gas no brakes.
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[duke] it's a jack and jill
bathroom in this house.
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00:00:36,703 --> 00:00:39,604
[keith] and along with design
specialist, alynne cordray.
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00:00:39,673 --> 00:00:41,874
[alynne] this room's great.
I see an opportunity.
15
00:00:41,876 --> 00:00:43,175
Is somebody living here?
16
00:00:44,411 --> 00:00:45,911
Holy [bleep].
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We're hunting down dilapidated
homes in the orlando area
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00:00:48,448 --> 00:00:50,082
And restoring them
to their old glory.
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It's a dirty business.
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-Oh.
- But we make it look good .
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That's gonna add $25,000
to the value of this house.
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00:00:57,824 --> 00:00:59,191
Surprise.
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00:00:59,259 --> 00:01:01,593
This is zombie house flipping
orlando.
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00:01:12,573 --> 00:01:14,973
[alynne] so, I got a new
chop saw this weekend.
25
00:01:14,975 --> 00:01:16,774
-You got a new chop saw.
-I did. I did.
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And it can
actually do a 12-inch cut,
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So I got a 12-inch blade.
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That probably really
excites you.
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It does. It was really funny
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Because the guy
at the hardware store,
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Because I went in there
with eddie,
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Was really surprised
that I was the one excited.
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Right!
Yeah, yeah, yeah, yeah.
34
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-Did he try and mansplain?
-"hey, little lady.
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"I don't know, it just might be
too much saw for you.
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"this might be more saw
than you need."
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Yeah, so I got
an amazing, amazing deal.
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Julie found this house.
39
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It was on the market
but then it got snapped up,
40
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It was under contract
but it turned out
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That there was
a probate issue
42
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That had to be resolved.
43
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So, the buyer backed out and
it came back on the market.
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I put it under contract
immediately.
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[duke] yes, contract first,
ask questions later.
46
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You can back
out during inspections.
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You guys are not going to
believe this.
48
00:02:03,057 --> 00:02:05,590
It is a smoking deal in
a smoking neighborhood.
49
00:02:05,659 --> 00:02:07,192
We just have to close on it.
50
00:02:07,194 --> 00:02:08,694
So effectively, our visit today
51
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Is going to be our
buyers' inspection.
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We're going to go in this house,
look it over, size it up
53
00:02:13,167 --> 00:02:14,933
And today we're going
to give the thumbs up
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Or if we're going to
catch and release.
55
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I don't think we're gonna catch
and release this one.
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It's 375,000 to purchase.
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That's crazy. Like, the dirt
alone's worth that.
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Yeah, no, it's nuts, dude.
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If the buy-in is 375
and we sell for 675,
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Which I think we can, because
of the comps and neighborhood,
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We could be talking like
legitimately 160,
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$175,000 net profit so...
63
00:02:38,792 --> 00:02:41,726
Well, I mean, look, 375
for this house sounds good.
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I'm really skeptical about
the condition this place is in.
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-What's this house about?
-Here' the bones of the deal.
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It's 2,000 square feet plus
or minus.
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Concrete block, three,
two-and-a-half, I think it is,
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And it has a pool
that is by some margin
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The biggest residential
swimming pool I've ever seen.
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00:03:01,081 --> 00:03:02,747
[pete] I really like this
neighborhood.
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We're close to the lake.
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00:03:04,217 --> 00:03:06,652
Yeah, we're in waterwitch.
The neighborhood right on
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Little lake conway right there.
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These lakefront houses
are multi-million dollar places.
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This is a beautiful
little enclave.
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[keith] waterwitch point
is a highly desirable
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Family-friendly
neighborhood
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Just minutes from
downtown orlando.
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The neighborhood is within
walking distance
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To little lake conway,
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A popular spot
for boating and fishing.
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[duke] just to be clear,
is this house on the lake
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Or in the lakefront
neighborhood?
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[keith] no. It's in
the lakefront neighborhood.
85
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I didn't get a full lakefront.
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Properties that have
lakefront houses,
87
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Even though ours
isn't on a lake,
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They still go for
a higher dollar
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Because the houses around are
improved for lakefront living.
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Well, a rising tide
lifts all ships.
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Can you guess
which house it is?
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I think I can
guess which house.
93
00:03:49,463 --> 00:03:52,063
The one with
dead landscaping.
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[keith] that's the ugliest house
in the neighborhood.
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00:03:56,403 --> 00:03:58,703
Guys, look at this.
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[alynne] this house is just
boring.
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00:04:00,741 --> 00:04:03,474
I mean, you have one protrusion
which is this bay window.
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00:04:03,544 --> 00:04:06,311
The best thing about this house
is what we'll take off of it.
99
00:04:06,313 --> 00:04:08,112
Like these shutters,
they have got to go.
100
00:04:08,182 --> 00:04:10,349
At least we have
a good landscaper
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00:04:10,483 --> 00:04:13,352
That can add a lot of pop
of color to this house
102
00:04:13,420 --> 00:04:17,155
And that would be one thing
that we can do to help it along.
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Like, I've never been
this excited about anything
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This boring in my entire life,
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[keith] this ranch-style
zombie home
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Has three bedrooms,
two-and-a-half baths,
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And is 1,933 square feet.
108
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It has a large backyard,
featuring a jacuzzi
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00:04:31,104 --> 00:04:34,506
And a massive junior
olympic swimming pool
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That measures an incredible
50 feet long by 20 feet wide.
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[duke] alright.
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-Now, I actually got a key.
-Oh wow.
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[duke] hey, grandma!
We're home.
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Hey, welcome to 1985.
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We got the popcorn ceiling,
we got the blue carpet,
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So we got
blue everything here.
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So we have a dining room.
118
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Not only do we get some
sorta cool furniture,
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We have the broken glass.
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00:05:08,642 --> 00:05:10,642
Alynne's already looking at
this wall like, "why?".
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I know, this wall.
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-I hate you, wall.
-This is like dead wall walking.
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Call the headers.
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That wall is not going
to end up being there.
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There's just no way.
126
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Come on. Let's show
you what's on the other side.
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Okay, we got the creepy going on
heavy in here.
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[whistle]
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Didn't julie say that
this was a new roof?
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[keith] even like old water
stains.
131
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I think the roof is fine.
132
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Either that stain
is seven years old
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Or something else's
leaking here.
134
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Yeah.
135
00:05:39,973 --> 00:05:43,108
This kitchen does not
speak functional to me.
136
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It might have been functional
back in the day,
137
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But I think
a modern buyer
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Really wants to see an island,
a window and more open space.
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[duke] everything has to go.
140
00:05:52,386 --> 00:05:53,985
Alright, let me show
you the bedroom.
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00:05:55,955 --> 00:05:57,588
This is the green screen room.
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[duke] whoa. It's lime time.
It's lime time.
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00:06:00,994 --> 00:06:03,528
This color can go right back
where it came from. In the can.
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00:06:03,530 --> 00:06:06,064
Yeah. I wonder what's next?
The blue screen room?
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00:06:06,132 --> 00:06:08,132
[alynne] butterflies
and flowers.
146
00:06:08,135 --> 00:06:09,867
[keith] this is like
easter yellow.
147
00:06:09,937 --> 00:06:11,670
[duke] it needs to be
past tense.
148
00:06:11,672 --> 00:06:14,939
The windows are all pretty
good shape. They're double pane.
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00:06:14,941 --> 00:06:16,875
I don't think we have
to replace them.
150
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Hey, here's the primary.
151
00:06:19,313 --> 00:06:21,213
Oh, guys.
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It looks like we have more
water damage on the ceiling.
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[keith] this is getting
frightening.
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This roof is from 2015.
155
00:06:26,953 --> 00:06:29,220
Yeah. Well, you know,
2015 was like
156
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Five hurricanes ago, though,
so you never know.
157
00:06:31,692 --> 00:06:34,159
And guys, we have
the primary bathroom.
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Oh, my god.
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Guys, this bathroom.
This is donesy.
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This is getting scraped.
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00:06:41,634 --> 00:06:43,601
Well, look, wallpaper
was still on sale
162
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When they did this thing.
So, look at this beauty.
163
00:06:47,274 --> 00:06:50,575
So guys, we have a lot
of wallpaper here.
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The seashell chic has got to go.
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-Okay, it's all gotta go.
-Alright.
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This is one of the ugliest
wallpapers I've ever seen.
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You wanna check out
the backyard.
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00:06:59,119 --> 00:07:00,452
Yeah, sure.
169
00:07:00,520 --> 00:07:02,186
Oh wait, you're not gonna
believe this.
170
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There is more wallpaper
to be seen in this house.
171
00:07:04,391 --> 00:07:05,757
-Yes.
-Say it ain't so.
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Okay, I already
see a problem.
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This is the back door
to get outside.
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-Yeah.
-And we got
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A little tiny window
over here.
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Like this room is way too dark.
177
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I see that this room
is going to need
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Some huge french doors
back there.
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This does not seem like
the right place
180
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-To exit into the backyard.
-Well, it is for now.
181
00:07:27,748 --> 00:07:29,748
-Well, it is for now.
-Stop making sense.
182
00:07:31,285 --> 00:07:34,218
Oh, yeah,
forgot to tell you guys.
183
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-Yeah, there's a spa.
-Is this a hot tub?
184
00:07:36,823 --> 00:07:38,323
No, it's built.
185
00:07:38,325 --> 00:07:40,258
Oh, my god.
This is a frog tub!
186
00:07:40,260 --> 00:07:41,426
Oh, look!
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We get new nozzles
for it and stuff like that
188
00:07:43,297 --> 00:07:46,030
And we paint the surface.
189
00:07:46,032 --> 00:07:49,300
We'll just need to level this
concrete slab somehow.
190
00:07:49,369 --> 00:07:52,003
We might fix the soffits by just
pushing them back up,
191
00:07:52,072 --> 00:07:54,306
But tell you what we're not
gonna fix with our hands,
192
00:07:54,308 --> 00:07:55,373
Is that pool.
193
00:07:56,643 --> 00:07:59,845
-[alynne] oh my god.
-[keith] yeah.
194
00:07:59,913 --> 00:08:04,215
-[bleep]. Dude, this is a swamp.
-[alynne] it's so big.
195
00:08:04,283 --> 00:08:05,717
And so gross.
196
00:08:05,719 --> 00:08:08,653
It's called a junior
olympic-sized pool.
197
00:08:08,655 --> 00:08:12,724
Oh my god, this is gonna be
so much money to fix.
198
00:08:12,792 --> 00:08:15,660
The deck is all cracked up,
the diving board's wasted.
199
00:08:15,729 --> 00:08:19,063
I mean, this is gonna kill
our renovation budget.
200
00:08:19,065 --> 00:08:22,000
I don't know what's cheaper?
Fix it or fill it with dirt.
201
00:08:22,002 --> 00:08:24,102
Alright. Well, look,
we're going to have chris,
202
00:08:24,104 --> 00:08:25,736
Our pool expert,
come out and look at it.
203
00:08:25,806 --> 00:08:27,138
Tell us what it's going to cost.
204
00:08:27,140 --> 00:08:28,673
We'll have a better
idea after.
205
00:08:28,742 --> 00:08:32,510
But for right now this is the
central problem of the house.
206
00:08:32,579 --> 00:08:34,145
The other thing is the backyard.
207
00:08:34,147 --> 00:08:36,081
We got to figure out
what sort of
208
00:08:36,083 --> 00:08:38,149
Landscaping situation
to come up with.
209
00:08:38,151 --> 00:08:40,418
Look, there's one
more space I want to show you.
210
00:08:40,420 --> 00:08:42,887
It's in the garage. I think
we can capture some space,
211
00:08:42,956 --> 00:08:45,023
Put it under air conditioning.
Let's take a look.
212
00:08:45,025 --> 00:08:47,959
-Where's that other bathroom?
-Ah, there we go.
213
00:08:48,027 --> 00:08:49,627
Let's go. Let's go see.
214
00:08:49,696 --> 00:08:50,962
Here we go.
215
00:08:53,033 --> 00:08:55,300
Okay, it's back there.
216
00:08:55,435 --> 00:08:58,169
-A dingy garage.
-No, this is not...
217
00:08:58,238 --> 00:09:00,739
Well, hold on, I'm going
to make it less dingy.
218
00:09:00,807 --> 00:09:03,942
-Do you guys see what I see?
-Laundry station.
219
00:09:04,077 --> 00:09:06,378
Potential interior,
square footage,
220
00:09:06,380 --> 00:09:07,845
That is currently exterior.
221
00:09:07,914 --> 00:09:10,515
This is like,
20,000 bucks in value.
222
00:09:10,517 --> 00:09:11,983
But wait,
there's more,
223
00:09:11,985 --> 00:09:14,585
This is the missing bathroom.
224
00:09:14,587 --> 00:09:16,888
[keith] we'll just give it
another entrance through
225
00:09:16,890 --> 00:09:19,256
Our new framed-in square
footage and then update it.
226
00:09:19,326 --> 00:09:23,161
So, guys, this is the deal,
it's 375,000.
227
00:09:23,229 --> 00:09:25,997
45 days and
we're talking 80 grand.
228
00:09:26,065 --> 00:09:28,266
Even if it's 100,
I think it's still a win.
229
00:09:28,401 --> 00:09:30,267
-So you guys are in?
-Oh, absolutely.
230
00:09:30,337 --> 00:09:31,736
-Yeah.
-Alright, put it right there.
231
00:09:31,805 --> 00:09:32,937
-Buddy.
-Yep.
232
00:09:33,073 --> 00:09:35,473
-Alright, we're doing it.
-Let's do it.
233
00:09:35,542 --> 00:09:37,008
With alynne
and duke on board,
234
00:09:37,077 --> 00:09:40,044
There's no reason to let it
sit on the market any longer.
235
00:09:40,046 --> 00:09:41,612
So, I proceeded
with my contract
236
00:09:41,615 --> 00:09:43,948
And purchased this house
with a hard money loan
237
00:09:44,017 --> 00:09:46,184
For $375,000.
238
00:09:46,186 --> 00:09:49,154
We plan on renovating
this house in 45 days
239
00:09:49,156 --> 00:09:52,390
With a renovation budget
of about $80,000.
240
00:09:52,459 --> 00:09:54,192
Our agent fees
and closing costs
241
00:09:54,260 --> 00:09:56,961
Will come to around 22,750
242
00:09:57,030 --> 00:09:59,130
And the interest on
my hard money loan
243
00:09:59,199 --> 00:10:01,265
Will be around $4,000,
244
00:10:01,334 --> 00:10:05,036
Making our all-in budget
about $481,000.
245
00:10:05,105 --> 00:10:09,107
Now, comps in the area
are around 675,000,
246
00:10:09,109 --> 00:10:11,075
And that's what we
plan on selling it for,
247
00:10:11,077 --> 00:10:15,547
Giving us a profit of nearly
$194,000.
248
00:10:15,682 --> 00:10:17,181
Even though this house
is outdated,
249
00:10:17,250 --> 00:10:19,717
It still has a great
footprint, and that means
250
00:10:19,786 --> 00:10:21,719
It's not going to require
any massive changes
251
00:10:21,788 --> 00:10:23,121
To the layout on the inside.
252
00:10:23,189 --> 00:10:24,622
We're going to open up the wall
253
00:10:24,624 --> 00:10:26,391
Between the kitchen
and the dining room
254
00:10:26,459 --> 00:10:29,661
To give this home
a more modern open floorplan.
255
00:10:29,663 --> 00:10:31,730
Then we're moving the entrance
to the dining room
256
00:10:31,732 --> 00:10:33,064
Over towards the kitchen,
257
00:10:33,199 --> 00:10:35,866
So there's a more inviting view
from the front door.
258
00:10:35,868 --> 00:10:38,670
The kitchen cabinets will then
get a more functional layout
259
00:10:38,805 --> 00:10:41,539
To maximize our open floorplan.
In our garage,
260
00:10:41,608 --> 00:10:43,375
We're changing the entrance
to our half bath,
261
00:10:43,443 --> 00:10:46,544
So that it now passes through
our newly added square footage.
262
00:10:46,679 --> 00:10:48,813
Our biggest transformation,
though, is taking place
263
00:10:48,882 --> 00:10:52,217
In our backyard with
the junior olympic-size pool.
264
00:10:52,219 --> 00:10:54,618
The existing stagnant
water will be drained,
265
00:10:54,688 --> 00:10:57,021
And then we'll be removing
the old shell and tile,
266
00:10:57,157 --> 00:10:58,422
Replacing it with a new
267
00:10:58,492 --> 00:11:01,626
Miami blue finish,
and iridescent blue glass tile.
268
00:11:02,762 --> 00:11:04,963
With our plans all mapped out,
269
00:11:05,031 --> 00:11:06,998
It's time to get in there
and get to work.
270
00:11:11,638 --> 00:11:12,837
[alynne] there we go.
271
00:11:12,839 --> 00:11:14,205
[keith] yeah!
272
00:11:14,274 --> 00:11:17,509
-Okay, it's loose.
-It's loose.
273
00:11:17,643 --> 00:11:19,310
There we go.
274
00:11:19,312 --> 00:11:20,711
-Lean it up against the wall.
-Yeah.
275
00:11:20,781 --> 00:11:22,247
When they launch a new ship,
276
00:11:22,249 --> 00:11:24,115
They smash a bottle of
champagne on the bow.
277
00:11:24,117 --> 00:11:26,584
Well, we're here to inaugurate
this house's demo day,
278
00:11:26,653 --> 00:11:28,920
Except we're going to
smash everything.
279
00:11:42,602 --> 00:11:44,169
-[duke] need a light?
-[keith] oh, man.
280
00:11:44,237 --> 00:11:47,071
These are not the...
These are...
281
00:11:47,073 --> 00:11:49,207
Do you know what's gonna happen?
We're going to turn
282
00:11:49,209 --> 00:11:51,776
-These shuttle-ups...
-Yeah.
283
00:11:51,778 --> 00:11:53,277
...And then...
And they're gonna,
284
00:11:53,346 --> 00:11:54,646
...The pvc's gonna break.
285
00:11:57,517 --> 00:11:59,117
You see the dilemma?
286
00:11:59,185 --> 00:12:02,553
Okay. Yeah. We...
287
00:12:02,622 --> 00:12:05,156
That's not gonna help.
The water's still running.
288
00:12:05,292 --> 00:12:06,223
That■s crazy.
289
00:12:06,359 --> 00:12:07,958
-Yeah.
-What we'll do is unscrew these?
290
00:12:07,961 --> 00:12:09,627
The shut-offs are stuck
for real?
291
00:12:09,629 --> 00:12:14,833
Yeah. For real, for real,
and dude, don't break the pipe.
292
00:12:14,835 --> 00:12:16,935
Oh, I know.
I don't wanna bust it.
293
00:12:18,304 --> 00:12:19,904
It's not turning off.
294
00:12:25,578 --> 00:12:27,645
Come on.
These stupid stops.
295
00:12:27,713 --> 00:12:29,848
Why do they even make
these things?
296
00:12:30,917 --> 00:12:33,585
-Dude, don't break the...
-I know, I know.
297
00:12:38,658 --> 00:12:40,224
-You got it?
-I think so.
298
00:12:40,226 --> 00:12:42,093
Okay. Then we can undo those.
299
00:12:44,331 --> 00:12:46,931
And three, two, one.
Okay, let's take this thing out.
300
00:12:50,137 --> 00:12:53,137
With that out of our system,
it's time to let the demo team
301
00:12:53,273 --> 00:12:54,172
Get in here.
302
00:12:55,675 --> 00:12:58,009
Everything in this house
has got to go.
303
00:12:59,145 --> 00:13:01,412
After removing the ancient tile
in the kitchen,
304
00:13:01,414 --> 00:13:03,515
The team gets rid
of the remaining cabinets
305
00:13:03,583 --> 00:13:07,284
So we can prepare
for a new kitchen layout.
306
00:13:07,286 --> 00:13:10,555
The bathrooms are losing their
dated tile and wallpaper
307
00:13:10,623 --> 00:13:13,825
And throughout the house, we're
tearing out the old tile floor.
308
00:13:13,827 --> 00:13:16,361
Who knows what we're going
to find underneath it.
309
00:13:16,429 --> 00:13:18,563
With demo complete inside
the home,
310
00:13:18,565 --> 00:13:20,565
We're turning our attention
to the biggest part
311
00:13:20,633 --> 00:13:22,233
Of the renovation.
312
00:13:22,301 --> 00:13:23,634
The pool.
313
00:13:23,703 --> 00:13:25,436
-There he is.
-There he is.
314
00:13:25,438 --> 00:13:28,339
Hey guys, what have you got
me into with this pool?
315
00:13:28,341 --> 00:13:29,641
This is a mess.
316
00:13:29,709 --> 00:13:31,376
At least you're not
into that messy pool.
317
00:13:31,444 --> 00:13:32,643
Oh my goodness.
318
00:13:32,712 --> 00:13:34,445
It's... It's going to need
a lot of work.
319
00:13:34,514 --> 00:13:35,713
We'll drain all this out.
320
00:13:35,781 --> 00:13:37,915
I'll assess the condition
of the fiberglass.
321
00:13:37,984 --> 00:13:40,251
See if it's repairable.
If we can recoat the fiberglass.
322
00:13:40,253 --> 00:13:41,552
What fiberglass?
323
00:13:41,554 --> 00:13:44,589
This is a fiberglass finish
over a gunite shell.
324
00:13:44,657 --> 00:13:46,390
Gunite's basically
concrete, right?
325
00:13:46,459 --> 00:13:48,192
Correct.
326
00:13:48,194 --> 00:13:50,261
And then somebody sprayed
or somebody laminated
327
00:13:50,330 --> 00:13:51,763
-Fiberglass on it?
-They did, yes.
328
00:13:51,765 --> 00:13:55,132
And so over the course of time,
that fiberglass
329
00:13:55,135 --> 00:13:57,201
Is going to
start to deteriorate.
330
00:13:57,270 --> 00:13:58,670
Just like that.
331
00:13:58,672 --> 00:14:01,606
- That's the deterioration.
-That is a souvenir.
332
00:14:01,608 --> 00:14:04,475
Hopefully once we drain this,
and it dries,
333
00:14:04,544 --> 00:14:06,343
We'll be able to
peel this fiberglass off.
334
00:14:06,413 --> 00:14:07,544
-Okay.
-If not,
335
00:14:07,546 --> 00:14:09,213
I have a company
that comes in
336
00:14:09,215 --> 00:14:12,349
And they will blast
the fiberglass off
337
00:14:12,419 --> 00:14:14,752
The surface of the pool
and that exposes
338
00:14:14,820 --> 00:14:17,821
The old finish and then we can
start a process from there.
339
00:14:17,891 --> 00:14:20,591
-That sounds really expensive.
-It is really expensive.
340
00:14:20,593 --> 00:14:21,960
So what are we really
talking about?
341
00:14:22,028 --> 00:14:23,361
It sounds like you're saying
342
00:14:23,429 --> 00:14:25,029
We have to replace
basically everything.
343
00:14:25,164 --> 00:14:29,567
Yeah, yeah. I mean,
skimmer, tile, finish, light.
344
00:14:29,636 --> 00:14:32,570
We're probably at around $1,000
for the skimmer.
345
00:14:32,638 --> 00:14:34,638
Maybe about $3,000 for the tile.
346
00:14:34,708 --> 00:14:36,307
Mm-hmm.
347
00:14:36,309 --> 00:14:38,776
Depending on what kind of
condition this fiberglass is
348
00:14:38,778 --> 00:14:41,178
When we're done, it's gonna
be several thousand dollars
349
00:14:41,247 --> 00:14:43,915
To remove it before we
even resurface the pool.
350
00:14:43,917 --> 00:14:45,516
It's big bucks, guys.
351
00:14:45,584 --> 00:14:48,252
When I bought this house,
the pool was a central feature.
352
00:14:48,255 --> 00:14:50,187
This is the thing
that stands out.
353
00:14:50,256 --> 00:14:51,589
If you fill this with money,
354
00:14:51,591 --> 00:14:54,191
Which is what'll happen,
it's going to be beautiful,
355
00:14:54,260 --> 00:14:56,894
But getting there is going to
take five figures and then some.
356
00:14:56,897 --> 00:14:59,397
-Yeah.
-A five-figure pool?
357
00:14:59,399 --> 00:15:01,598
I mean, I've done
a million pools out here
358
00:15:01,668 --> 00:15:02,900
And usually rehabbing them
359
00:15:03,036 --> 00:15:05,603
Only costs around
eight grand, maybe $7,500.
360
00:15:05,672 --> 00:15:09,140
But this five-figure comment of
chris's, that's going to throw
361
00:15:09,275 --> 00:15:11,008
Our whole budget
right out of the water.
362
00:15:11,077 --> 00:15:13,544
When we're done,
guys, it'll be beautiful.
363
00:15:13,612 --> 00:15:15,280
I'll start with draining
the pool.
364
00:15:15,282 --> 00:15:16,948
I'm going to let it sit
for a few days.
365
00:15:17,083 --> 00:15:18,949
See what happens
with that fiberglass.
366
00:15:18,951 --> 00:15:21,118
I'll get you some numbers
on everything else,
367
00:15:21,187 --> 00:15:23,220
We'll put an estimate
together for you,
368
00:15:23,289 --> 00:15:24,822
And go from there.
369
00:15:24,891 --> 00:15:27,758
[keith] as chris prepares
to move ahead on the pool,
370
00:15:27,827 --> 00:15:30,294
We're improving layout
inside the house.
371
00:15:30,296 --> 00:15:31,562
Alynne gets her wish,
372
00:15:31,564 --> 00:15:33,431
And we tear out the wall
between the kitchen
373
00:15:33,499 --> 00:15:35,934
And the dining room to create
a more open floorplan.
374
00:15:36,002 --> 00:15:37,901
And with that wall gone,
we move on
375
00:15:37,971 --> 00:15:39,637
To making a new entrance
into the kitchen
376
00:15:39,639 --> 00:15:42,239
From the living room,
and then close off
377
00:15:42,308 --> 00:15:45,042
The old entrance
to the dining room.
378
00:15:45,111 --> 00:15:46,977
In the garage, we're
beginning to frame in
379
00:15:47,046 --> 00:15:49,647
The section near the bathroom
to add to our square footage.
380
00:15:55,255 --> 00:15:57,021
It's time to tackle the pool.
381
00:15:57,090 --> 00:16:00,691
Chris let us know it's
definitely a five-figure job,
382
00:16:00,693 --> 00:16:03,027
$25,000, to be exact.
383
00:16:03,029 --> 00:16:06,196
And I hoped to stay under
10,000 with the pool repairs
384
00:16:06,266 --> 00:16:09,266
So this number could blow our
whole budget out of the water.
385
00:16:09,335 --> 00:16:12,437
And since this is a junior
olympic-size pool...
386
00:16:14,373 --> 00:16:17,107
...We're draining
around 280,000 gallons
387
00:16:17,109 --> 00:16:18,542
Of filthy water.
388
00:16:18,678 --> 00:16:20,912
Then the pool will need
to sit for a few days
389
00:16:20,980 --> 00:16:23,080
And dry before we evaluate
390
00:16:23,149 --> 00:16:25,083
What sort of shape
the liner and shell are in.
391
00:16:33,426 --> 00:16:36,961
-Hey. Alright.
-[alynne] it's an improvement.
392
00:16:37,029 --> 00:16:38,629
Yeah.
Oh, this is great.
393
00:16:38,631 --> 00:16:40,965
We have the living room here.
We got the opening.
394
00:16:40,967 --> 00:16:44,035
We got rid of the pocket door
that was sliding in the wall.
395
00:16:44,103 --> 00:16:46,237
We got the dining room
over here, right.
396
00:16:46,239 --> 00:16:48,639
So it's actually, without that
door opening there,
397
00:16:48,708 --> 00:16:50,507
This is like
its own discrete space
398
00:16:50,577 --> 00:16:53,244
And we have the kitchen here,
the family room in the back
399
00:16:53,312 --> 00:16:55,413
And look what we
discovered here.
400
00:16:55,481 --> 00:16:57,782
[gasps] some terrazzo!
401
00:16:57,784 --> 00:16:59,717
[alynne] I know,
it's your favorite.
402
00:16:59,785 --> 00:17:02,820
[keith] no, it goes all the way
through the house.
403
00:17:02,822 --> 00:17:04,088
Like, it's fantastic.
404
00:17:04,157 --> 00:17:05,456
Fantastic.
Yeah.
405
00:17:05,525 --> 00:17:06,758
So when we pulled up the tile,
406
00:17:06,760 --> 00:17:09,660
We found beautiful terrazzo,
underneath it
407
00:17:09,662 --> 00:17:11,061
And that's going to save
us money,
408
00:17:11,131 --> 00:17:13,865
And as an added bonus,
I love terrazzo.
409
00:17:13,999 --> 00:17:16,433
Unfortunately, alynne doesn't
really care for it,
410
00:17:16,503 --> 00:17:18,603
But she's gonna have
to get on board with this
411
00:17:18,605 --> 00:17:21,072
Because we're going
pretty far over budget.
412
00:17:21,074 --> 00:17:22,874
So here's what I was thinking,
413
00:17:22,876 --> 00:17:25,943
Is because this is
all terrazzo here,
414
00:17:26,079 --> 00:17:28,545
We can refinish it for
four bucks a square foot.
415
00:17:28,547 --> 00:17:29,881
It will be easy, inexpensive,
416
00:17:29,883 --> 00:17:32,483
It would be beautiful.
And we just draw the transition
417
00:17:32,552 --> 00:17:33,818
Straight across here.
418
00:17:33,820 --> 00:17:35,820
So it's like a five-foot
transition here,
419
00:17:35,822 --> 00:17:37,488
A two-foot transition
in the hallway,
420
00:17:37,557 --> 00:17:38,890
Maybe three feet,
421
00:17:38,892 --> 00:17:40,892
And those are all
the transitions in the house.
422
00:17:40,960 --> 00:17:43,360
Yeah but we could do
one transition,
423
00:17:43,429 --> 00:17:44,561
We could do one
over there
424
00:17:44,631 --> 00:17:47,064
And we could have
this all be one flooring
425
00:17:47,066 --> 00:17:49,633
And that to me,
I would prefer that
426
00:17:49,702 --> 00:17:51,702
Over having the two transitions.
427
00:17:51,704 --> 00:17:53,304
No, it's...
This is a mid-century house,
428
00:17:53,372 --> 00:17:55,038
Mid-century modern.
429
00:17:55,108 --> 00:17:57,908
And now, guess what I have to do
with the-- the kitchen design,
430
00:17:57,977 --> 00:18:00,310
I have to design the cabinets
431
00:18:00,380 --> 00:18:02,713
To look good with two different
kinds of flooring.
432
00:18:02,782 --> 00:18:04,414
Oh, and how happy am
I about that?
433
00:18:04,417 --> 00:18:05,716
Not!
434
00:18:10,456 --> 00:18:11,722
We have two different
floors in the open layout now
435
00:18:11,724 --> 00:18:13,457
Because we took down
that little dividing wall
436
00:18:13,459 --> 00:18:14,858
For the old dining room.
437
00:18:14,928 --> 00:18:17,395
That wall happened be sitting
on the split point between
438
00:18:17,463 --> 00:18:20,665
Where the concrete slab ends
and the terrazzo slab starts.
439
00:18:20,799 --> 00:18:23,067
Listen, here's the reality
of it, right?
440
00:18:23,069 --> 00:18:25,670
The terrazzo is four dollars,
a square foot to refinish.
441
00:18:25,804 --> 00:18:29,874
Four dollars. There's
no other solution we get to
442
00:18:29,942 --> 00:18:32,477
That isn't at least 50%
more than that.
443
00:18:32,545 --> 00:18:34,478
And most solutions
are double that, right?
444
00:18:34,547 --> 00:18:37,415
And that pool, we just
had a bomb dropped on us
445
00:18:37,483 --> 00:18:39,083
With the pool
budget numbers.
446
00:18:39,151 --> 00:18:40,751
We've got to make that up
somewhere.
447
00:18:40,820 --> 00:18:42,954
So if we're not going
to go with terrazzo
448
00:18:42,956 --> 00:18:44,621
And save our money there,
449
00:18:44,691 --> 00:18:46,490
And still have an
awesome product,
450
00:18:46,493 --> 00:18:48,959
Then it means that
we got a strike
451
00:18:49,028 --> 00:18:50,360
Frilly stuff and sparkly stuff.
452
00:18:50,430 --> 00:18:52,963
And I know you ain't want
to do that.
453
00:18:53,032 --> 00:18:55,633
I get it. I get it. We haven't
found out about the roof yet.
454
00:18:55,635 --> 00:18:56,967
And I understand that.
455
00:18:57,036 --> 00:18:58,703
But can we make
some kind of deal?
456
00:18:58,705 --> 00:19:01,071
If we do not have
to replace the roof,
457
00:19:01,140 --> 00:19:03,040
Will you at least just entertain
458
00:19:03,109 --> 00:19:04,908
All one flooring,
and large format tile?
459
00:19:04,910 --> 00:19:06,343
Just for half a minute?
460
00:19:06,412 --> 00:19:08,579
I just wanna have a little
bit of hope for just a moment.
461
00:19:08,715 --> 00:19:10,314
Hope is not a strategy.
462
00:19:10,983 --> 00:19:13,584
I'm going to hold off on
refinishing that terrazzo
463
00:19:13,586 --> 00:19:15,686
Until we find out what's going
on with the roof.
464
00:19:15,688 --> 00:19:17,454
We're already trending
over budget anyway
465
00:19:17,457 --> 00:19:18,656
Because of that pool.
466
00:19:18,724 --> 00:19:20,591
A lot more expensive
than we anticipated.
467
00:19:20,593 --> 00:19:22,960
And now the roof might need
to be replaced
468
00:19:23,029 --> 00:19:24,828
Even though it's
seven or eight years old.
469
00:19:24,897 --> 00:19:27,331
So, if we don't have
to replace the roof,
470
00:19:27,466 --> 00:19:28,966
Then maybe alynne gets
her tile inside,
471
00:19:29,035 --> 00:19:32,036
But otherwise I got to find
places to start saving money.
472
00:19:34,207 --> 00:19:37,475
Now that our huge junior
olympic pool has been drained,
473
00:19:37,543 --> 00:19:40,111
We got to clear away any
remaining sludge and mud.
474
00:19:45,551 --> 00:19:47,285
Then we need
to pressure wash it
475
00:19:47,287 --> 00:19:49,320
So we can clearly see
what we're working with.
476
00:19:52,759 --> 00:19:55,225
Next, carlos' crew
begins chipping away
477
00:19:55,227 --> 00:19:57,461
At the fiberglass
finish so we can examine
478
00:19:57,463 --> 00:20:00,031
The state of the gunite
shell underneath it.
479
00:20:14,179 --> 00:20:17,415
Now the pool's been drained,
all that ick has been taken out,
480
00:20:17,483 --> 00:20:19,550
And the fiberglass
has been chipped off,
481
00:20:19,552 --> 00:20:21,519
Alynne are I are gonna
get in there and check it out.
482
00:20:23,990 --> 00:20:26,323
-[alynne] okay.
-This is 12 feet deep.
483
00:20:26,392 --> 00:20:29,393
It's 50 feet long,
it's 20 feet wide.
484
00:20:29,462 --> 00:20:32,529
They said it's the biggest pool
they have ever worked on.
485
00:20:32,598 --> 00:20:34,599
Since we're putting so much
money into this pool...
486
00:20:34,667 --> 00:20:36,200
-Yeah.
-..How's my door coming along
487
00:20:36,202 --> 00:20:38,802
That you can actually see
this pool from the inside?
488
00:20:38,871 --> 00:20:40,371
Let's go talk about that.
489
00:20:43,142 --> 00:20:46,143
I know you wanted these
with big french doors.
490
00:20:46,145 --> 00:20:47,745
-I wanted big...
-A big...
491
00:20:47,813 --> 00:20:50,614
I wanted a big door
for a big pool.
492
00:20:50,617 --> 00:20:52,215
Yeah, that's not what we got.
493
00:20:52,218 --> 00:20:55,119
So, we got a door
that fits in that opening,
494
00:20:56,155 --> 00:20:58,355
And the reason is,
if we widen this,
495
00:20:58,357 --> 00:21:00,624
We're gonna have to do
major reconstructive surgery
496
00:21:00,626 --> 00:21:03,761
On the back of the house,
that's not just on the outside.
497
00:21:03,829 --> 00:21:05,963
That's the inside, too.
Drywall, electric,
498
00:21:06,032 --> 00:21:07,231
All kinds of stuff, right?
499
00:21:07,233 --> 00:21:08,899
So if we use
the existing opening,
500
00:21:09,035 --> 00:21:10,701
We're not changing
it structurally,
501
00:21:10,703 --> 00:21:12,803
And we still provide
awesome access
502
00:21:12,872 --> 00:21:14,504
To the swimming pool
from the family room.
503
00:21:14,574 --> 00:21:16,773
This is one of those things
I can't argue with
504
00:21:16,776 --> 00:21:18,709
Because the cost is
going to half our budget
505
00:21:18,777 --> 00:21:21,078
And we had really some
unexpected costs
506
00:21:21,146 --> 00:21:22,179
Here with this pool.
507
00:21:22,315 --> 00:21:24,315
Tada!
So this offsets some of it.
508
00:21:24,383 --> 00:21:26,183
-Right.
-It still functionally gives us
509
00:21:26,185 --> 00:21:27,584
What we were going for,
right?
510
00:21:27,586 --> 00:21:30,421
I mean, it's not ideal.
It's not really what I wanted,
511
00:21:30,423 --> 00:21:32,789
But at least you can see
the pool from inside.
512
00:21:32,791 --> 00:21:35,793
We're well into our renovation
and it's already apparent
513
00:21:35,795 --> 00:21:38,396
That sticking to that $80,000
renovation budget
514
00:21:38,464 --> 00:21:39,630
Is gonna be pretty tough.
515
00:21:41,167 --> 00:21:43,601
We budgeted $80,000
to renovate this home.
516
00:21:43,669 --> 00:21:48,305
So far, we've spent 72,000.
Means we only have $8,000 left
517
00:21:48,374 --> 00:21:49,840
To get this place done.
518
00:21:49,842 --> 00:21:52,009
Gonna be pretty near
impossible.
519
00:21:52,011 --> 00:21:54,312
So I need to look for places
to cut costs.
520
00:21:59,184 --> 00:22:02,720
Outside, we need to make room
for our new french doors.
521
00:22:04,990 --> 00:22:06,624
So we're knocking
out that window.
522
00:22:06,759 --> 00:22:09,193
And then we're removing
the wall below the opening.
523
00:22:09,195 --> 00:22:11,996
In the garage, we've cut a new
entrance into the bathroom,
524
00:22:11,998 --> 00:22:14,098
That will connect it
to our newly-framed
525
00:22:14,100 --> 00:22:15,866
Additional square footage.
526
00:22:25,344 --> 00:22:27,344
Today, we're meeting
a landscape designer
527
00:22:27,413 --> 00:22:29,546
To figure out how to tame
and enhance
528
00:22:29,615 --> 00:22:30,947
This massive backyard.
529
00:22:30,949 --> 00:22:32,283
So what do you think?
530
00:22:32,285 --> 00:22:35,519
What do I think? I think
it's a jungle and a mess.
531
00:22:35,588 --> 00:22:37,120
The potential is limitless.
532
00:22:37,190 --> 00:22:39,857
I think it'll be a tropical
paradise when we're finished,
533
00:22:39,992 --> 00:22:42,526
The potential is limitless.
The budget is not.
534
00:22:42,661 --> 00:22:44,328
Let's make that clear
at the outset here.
535
00:22:44,396 --> 00:22:47,197
Step one, get rid of everything
that we're not going to use
536
00:22:47,266 --> 00:22:49,666
And then trim up the stuff
that we are going to keep?
537
00:22:49,668 --> 00:22:50,934
-Yes.
-Okay.
538
00:22:50,937 --> 00:22:52,803
We'll clean all this out,
the dirt,
539
00:22:52,872 --> 00:22:54,271
And then we'll irrigate it,
540
00:22:54,339 --> 00:22:56,640
Sod the grass areas,
some new plants.
541
00:22:56,709 --> 00:22:58,275
We might put some
bougainvillea here
542
00:22:58,277 --> 00:22:59,610
Along the fence for color.
543
00:22:59,612 --> 00:23:02,713
No. No. Banish
that from the kingdom.
544
00:23:08,354 --> 00:23:10,287
Now we need someone
to come check out
545
00:23:10,289 --> 00:23:11,622
If the water stains
on our ceiling
546
00:23:11,757 --> 00:23:14,091
Are from old roof
problems or new ones.
547
00:23:14,160 --> 00:23:15,559
How's it going?
How's the roof?
548
00:23:15,561 --> 00:23:17,761
Uh.... I'm doing better
than the roof.
549
00:23:17,830 --> 00:23:20,030
Okay, let's go see what we got
going on up there.
550
00:23:20,032 --> 00:23:20,998
Okay.
551
00:23:24,437 --> 00:23:26,637
So, I guess that kind
of speaks for itself.
552
00:23:26,639 --> 00:23:28,104
Alright. There's the issue.
553
00:23:28,106 --> 00:23:30,574
We have no water in the pool,
but we have...
554
00:23:30,576 --> 00:23:32,709
-All the water up here.
-All the water on the roof.
555
00:23:32,711 --> 00:23:35,245
No. Yeah, we need to find
an exit point for this.
556
00:23:35,314 --> 00:23:39,416
This has not zero slope,
but negative slope.
557
00:23:39,418 --> 00:23:41,985
-It's holding all the water...
-Like a bowl.
558
00:23:42,054 --> 00:23:44,087
Yeah it's ponding up here.
559
00:23:44,089 --> 00:23:45,789
You can see the water
has nowhere to go.
560
00:23:45,858 --> 00:23:48,192
We can add a slope,
an artificial slope
561
00:23:48,260 --> 00:23:49,927
With some plywood down
562
00:23:49,929 --> 00:23:53,697
And it'll, first of all,
make all of it flat, uniform,
563
00:23:53,699 --> 00:23:55,733
But then also give it
a little bit of slope,
564
00:23:55,801 --> 00:23:57,501
And give the water
a direction to run.
565
00:23:57,570 --> 00:23:59,336
-Okay.
-So that we can avoid all this.
566
00:23:59,338 --> 00:24:02,339
Okay, so that sounds expensive.
567
00:24:02,341 --> 00:24:04,875
So this is one problem,
that's pretty obvious.
568
00:24:04,943 --> 00:24:07,077
But the other issue
is these shingles.
569
00:24:07,146 --> 00:24:08,779
Like, seriously.
570
00:24:08,847 --> 00:24:11,081
-They're only eight years old.
-They look cracked all over.
571
00:24:11,083 --> 00:24:12,516
-Yeah, I don't...
-All dried up.
572
00:24:12,585 --> 00:24:14,551
You think installation
issue or manufacturer?
573
00:24:14,553 --> 00:24:16,953
Manufacturer because
there's no way that these
574
00:24:16,955 --> 00:24:19,823
Should be looking like this,
no matter how it's installed.
575
00:24:19,825 --> 00:24:21,425
Yeah. Then over there,
it looks like
576
00:24:21,427 --> 00:24:23,761
Some of the shingles are
peeling on the corners.
577
00:24:25,764 --> 00:24:27,497
It's like
a piece of paper now.
578
00:24:27,567 --> 00:24:28,865
Look at...
Yeah, look at that.
579
00:24:28,867 --> 00:24:30,034
Yeah, look how easily that is.
580
00:24:30,102 --> 00:24:32,036
Now, there's like...
Now there's a bubble.
581
00:24:32,104 --> 00:24:33,637
I think it definitely needs
a new one.
582
00:24:33,639 --> 00:24:35,806
We have to see what it looks
like under there.
583
00:24:35,808 --> 00:24:38,309
What do you think we're
looking at to replace the roof
584
00:24:38,443 --> 00:24:40,310
And do the flat section
properly?
585
00:24:40,379 --> 00:24:44,314
Um... Roof of this size,
including the flat,
586
00:24:44,383 --> 00:24:45,849
And probably
some bad decking,
587
00:24:45,918 --> 00:24:48,252
We need to change
probably around 20,000.
588
00:24:51,991 --> 00:24:53,123
Oh, my god.
589
00:24:58,531 --> 00:24:59,796
We didn't budget
20 grand into this.
590
00:24:59,798 --> 00:25:01,798
We didn't budget anything for
the roof but we got to do it.
591
00:25:01,867 --> 00:25:03,267
Yeah, you have to get it done.
592
00:25:03,402 --> 00:25:04,901
None of this will pass
inspection.
593
00:25:04,971 --> 00:25:07,604
Okay, I got to figure out
where 20 extra grand
594
00:25:07,673 --> 00:25:09,239
On this flip
is going to come from.
595
00:25:09,308 --> 00:25:11,341
Unfortunately for alynne,
replacing the roof means
596
00:25:11,477 --> 00:25:13,677
We're not gonna have the money
to retile the entire house.
597
00:25:13,746 --> 00:25:16,947
So we're going to refinish that
terrazzo to save some money.
598
00:25:17,015 --> 00:25:20,518
And, guys can actually get
started on the roof right now.
599
00:25:27,693 --> 00:25:30,027
They began by removing
the old defective shingles,
600
00:25:30,029 --> 00:25:31,529
Tar, and rotten wood.
601
00:25:38,571 --> 00:25:41,038
And then they lay down new
peel and stick roofing
602
00:25:41,106 --> 00:25:42,239
And brand new shingles
603
00:25:45,845 --> 00:25:48,511
In the garage, the team
heads up into the attic
604
00:25:48,581 --> 00:25:51,715
To expand the hvac vents
into our new square footage.
605
00:25:51,784 --> 00:25:53,850
Then it's time to drywall
the new space
606
00:25:53,852 --> 00:25:57,321
To make it truly a part of
the interior of the home.
607
00:25:58,991 --> 00:26:00,958
This house has a lot of
unexpected expenses,
608
00:26:01,026 --> 00:26:03,661
Like the pool
and the roof to name a few.
609
00:26:03,663 --> 00:26:05,729
Unfortunately, this means
we've already used up
610
00:26:05,798 --> 00:26:07,197
The 80,000 we had budgeted
611
00:26:07,266 --> 00:26:10,601
And now we're at 103,560.
612
00:26:10,603 --> 00:26:15,139
This means the 23,560 extra
we've spent
613
00:26:15,141 --> 00:26:16,507
Is going to eat
into our profit.
614
00:26:24,383 --> 00:26:26,416
The door leading to the pool
is finally in,
615
00:26:26,419 --> 00:26:28,218
So I'm taking alynne
to check it out.
616
00:26:28,220 --> 00:26:30,487
Yeah, look at that.
617
00:26:30,555 --> 00:26:33,757
I mean... It's a door.
618
00:26:33,826 --> 00:26:35,960
Just wish that
it had been bigger.
619
00:26:35,962 --> 00:26:38,963
But this is a major improvement
over what was here before
620
00:26:38,965 --> 00:26:40,664
Between this light
right here,
621
00:26:40,733 --> 00:26:42,599
That window, and a
full light door over there.
622
00:26:42,668 --> 00:26:44,001
I think that this room
is going to be
623
00:26:44,069 --> 00:26:45,335
A great entertaining area.
624
00:26:45,338 --> 00:26:47,771
We do have to have
a serious discussion
625
00:26:47,840 --> 00:26:49,306
About the terrazzo.
626
00:26:49,308 --> 00:26:51,374
Obviously, the roof
had to be replaced,
627
00:26:51,377 --> 00:26:54,111
And with that alynne's
dreams of covering
628
00:26:54,113 --> 00:26:56,113
All the terrazzo
in the house with new flooring
629
00:26:56,115 --> 00:26:57,381
Out the window.
630
00:26:57,516 --> 00:26:59,983
What we have to focus on now
is how to integrate
631
00:27:00,119 --> 00:27:01,718
The tile that we are going
to put down
632
00:27:01,787 --> 00:27:03,186
Over the existing concrete
633
00:27:03,188 --> 00:27:05,990
With the terrazzo that
we're now going to refinish
634
00:27:07,159 --> 00:27:10,728
And you and I are still at odds
over where the terrazzo's
635
00:27:10,796 --> 00:27:12,663
Supposed to start and stop?
636
00:27:12,798 --> 00:27:13,797
I say,
637
00:27:13,866 --> 00:27:16,133
We have concrete there,
concrete there,
638
00:27:16,135 --> 00:27:19,136
Terrazzo here, and terrazzo
around the rest of the house.
639
00:27:19,204 --> 00:27:21,071
I want to limit the transitions,
640
00:27:21,073 --> 00:27:22,872
Limit the size
of the transition,
641
00:27:22,942 --> 00:27:24,708
And the number
of the transitions.
642
00:27:24,710 --> 00:27:28,612
So my perspective is that
we have one transition going
643
00:27:28,681 --> 00:27:30,080
Straight across here.
644
00:27:30,149 --> 00:27:32,716
So this area, the kitchen,
is terrazzo.
645
00:27:32,785 --> 00:27:34,852
That's terrazzo,
everything's terrazzo,
646
00:27:34,854 --> 00:27:38,822
And one transition
right here, and that's it.
647
00:27:38,958 --> 00:27:41,224
I'm the designer, not keith.
648
00:27:41,293 --> 00:27:43,627
Not everyone is in love with
mid-century modern.
649
00:27:43,695 --> 00:27:45,695
We need to appeal
to a larger audience,
650
00:27:45,698 --> 00:27:48,032
So he can sell this
house as fast as possible.
651
00:27:48,100 --> 00:27:51,234
Yeah, the dining room and
the living room have tile,
652
00:27:51,303 --> 00:27:52,902
And the
rest of the house is terrazzo.
653
00:27:52,972 --> 00:27:55,172
This is two transitions
in logical places
654
00:27:55,240 --> 00:27:56,707
And they're not very long.
655
00:27:56,775 --> 00:27:58,709
But it doesn't mean I like it.
656
00:28:03,515 --> 00:28:05,716
[keith] hopefully, alynne's
gonna change her mind
657
00:28:05,718 --> 00:28:07,851
After we get
this terrazzo patched up.
658
00:28:07,853 --> 00:28:11,588
Then we sand it to remove
the old dulling sealants,
659
00:28:11,590 --> 00:28:13,624
And polish it up so it shines.
660
00:28:14,426 --> 00:28:16,426
In the primary bathroom,
the hideous
661
00:28:16,495 --> 00:28:17,995
Old wallpaper is gone.
662
00:28:18,063 --> 00:28:21,731
We've added large porcelain
gray tile and some blue glass
663
00:28:21,734 --> 00:28:23,133
Accent tile.
664
00:28:29,608 --> 00:28:31,809
We have to fix
that hot tub outside.
665
00:28:31,811 --> 00:28:33,243
The issue we have is that
666
00:28:33,312 --> 00:28:35,512
Half of the concrete
foundation under it
667
00:28:35,581 --> 00:28:37,514
Has dropped away
by about four inches.
668
00:28:37,583 --> 00:28:41,285
So polylift is going to come in
and use a proprietary process
669
00:28:41,287 --> 00:28:43,319
To raise that concrete back up,
670
00:28:43,389 --> 00:28:46,290
So we can fully support
the hot tub when it's done.
671
00:28:46,358 --> 00:28:48,559
We can typically lift roadways.
672
00:28:48,627 --> 00:28:51,895
Our product has a
very, very dense nature to it,
673
00:28:51,964 --> 00:28:54,498
-As you can see.
-So this can go underneath
674
00:28:54,500 --> 00:28:55,566
14 inches of concrete?
675
00:28:55,568 --> 00:28:57,433
It's injected as a liquid,
676
00:28:57,503 --> 00:28:59,703
The two parts go
in separately,
677
00:28:59,705 --> 00:29:02,572
They don't meet until
they're underneath,
678
00:29:02,575 --> 00:29:04,508
And it's not the force
of the injection.
679
00:29:04,510 --> 00:29:06,976
It's the actual chemical
reaction causes the lift.
680
00:29:07,046 --> 00:29:08,912
-It expands
-it expands.
681
00:29:09,114 --> 00:29:11,514
-And that■s, like, at a
predictable rate? -Correct.
682
00:29:11,650 --> 00:29:13,317
You're not going to wind up
with the slab on the ceiling.
683
00:29:13,319 --> 00:29:15,118
We go incrementally.
It's measured
684
00:29:15,187 --> 00:29:16,452
With that
dial indicator there.
685
00:29:16,455 --> 00:29:19,189
I sure hope this works
because if this doesn't work...
686
00:29:19,191 --> 00:29:20,591
Yeah, what's the alternative?
687
00:29:20,659 --> 00:29:22,259
What do we do?
Like, break it up...
688
00:29:22,394 --> 00:29:25,329
Replace it.
So, let's give it a shot.
689
00:29:25,397 --> 00:29:27,598
This is fascinating. I can't
wait to see how this goes.
690
00:29:30,669 --> 00:29:32,535
Polylift is about half the cost
691
00:29:32,671 --> 00:29:35,806
Of tearing out all the
concrete and repouring it.
692
00:29:35,808 --> 00:29:38,208
Now, I didn't budget
for this concrete slab
693
00:29:38,277 --> 00:29:39,943
And with all the expenses
from the pool
694
00:29:40,079 --> 00:29:43,413
And now the roof,
we really need this to work.
695
00:29:43,415 --> 00:29:46,683
First, the team drills
into the cement,
696
00:29:46,751 --> 00:29:48,952
And then using
a one-way valve,
697
00:29:48,954 --> 00:29:50,620
So the material can't
come back out,
698
00:29:50,689 --> 00:29:53,423
They pump in a liquid foam.
699
00:29:53,425 --> 00:29:55,558
If everything works
as it should,
700
00:29:55,628 --> 00:29:58,161
That 14-inch concrete slab
should raise up
701
00:29:58,230 --> 00:30:00,463
And allow us to
fully support the hot tub.
702
00:30:00,465 --> 00:30:03,299
If not, we're gonna have to rip
this thing out
703
00:30:03,369 --> 00:30:04,768
And I'm going
to have to come up
704
00:30:04,837 --> 00:30:06,837
With more
money I don't have.
705
00:30:06,905 --> 00:30:08,705
Hurray! It worked.
706
00:30:08,707 --> 00:30:10,974
Now the team can
patch up the cracks
707
00:30:11,043 --> 00:30:13,243
And that hot tub
is gonna be fully supported.
708
00:30:17,283 --> 00:30:19,683
Back inside, it's time
to assemble and install
709
00:30:19,685 --> 00:30:21,385
Our white shaker
kitchen cabinets
710
00:30:21,519 --> 00:30:23,186
Which alynne picked out
because they work
711
00:30:23,255 --> 00:30:26,289
With both kinds of flooring
in the kitchen and dining room.
712
00:30:26,291 --> 00:30:29,126
We're also installing
new white shaker vanities
713
00:30:29,194 --> 00:30:30,460
In the hall bath.
714
00:30:30,462 --> 00:30:32,596
And to appeal
the high-end buyers,
715
00:30:32,598 --> 00:30:35,599
We're adding a state-of-the-art
alfi shower wall
716
00:30:35,601 --> 00:30:38,402
To the primary bathroom.
717
00:30:38,404 --> 00:30:40,670
Now, I'm making plans
with garage force
718
00:30:40,672 --> 00:30:43,507
To help us level out a hump
in the dining room floor.
719
00:30:52,818 --> 00:30:54,618
Yeah, the floor
we're putting down...
720
00:30:54,620 --> 00:30:56,620
Hey. So...
721
00:30:56,622 --> 00:30:59,089
-The floor we're putting down...
-Yeah.
722
00:30:59,157 --> 00:31:01,090
..Is pretty level sensitive.
723
00:31:01,093 --> 00:31:04,694
And we have this hump.
So carlos with garage force,
724
00:31:04,697 --> 00:31:06,964
He's going to help us out
by smoothing over
725
00:31:07,032 --> 00:31:08,832
The self-leveling compound,
726
00:31:08,901 --> 00:31:10,500
That answers that question.
727
00:31:10,502 --> 00:31:13,903
But like I just walked
by like, there's one appliance
728
00:31:13,905 --> 00:31:15,104
Sitting in the driveway.
729
00:31:15,106 --> 00:31:16,573
Duke was supposed
to get all of them.
730
00:31:16,642 --> 00:31:17,907
You didn't talk to him.
731
00:31:17,977 --> 00:31:20,177
-No.
-I thought you spoke to duke.
732
00:31:20,245 --> 00:31:22,779
-I haven't spoken to him. -No.
-Alright, let's give him a call.
733
00:31:22,915 --> 00:31:23,981
Hey, carlos, thank you.
734
00:31:23,983 --> 00:31:25,382
-I■ll take care of that later
for you guys. -Okay.
735
00:31:25,517 --> 00:31:28,051
-Appreciate it. -Take care.
-Thank you.
736
00:31:29,654 --> 00:31:31,521
Hey, what's up buddy?
737
00:31:31,590 --> 00:31:33,857
Can you get over here? We only
have one of the appliances
738
00:31:33,993 --> 00:31:35,859
You ordered. It's sitting out
in the driveway
739
00:31:35,861 --> 00:31:36,927
Like some kind of orphan.
740
00:31:36,995 --> 00:31:38,795
We need tracking
and we got to figure out
741
00:31:38,797 --> 00:31:40,730
What's going on with the rest
of the appliances.
742
00:31:40,733 --> 00:31:42,332
[duke] I'm not in town
right now.
743
00:31:46,037 --> 00:31:47,237
I'm in china.
744
00:31:48,140 --> 00:31:49,472
You're in china?
745
00:31:49,541 --> 00:31:50,807
This is not good.
746
00:31:57,415 --> 00:31:58,615
When are you coming back?
747
00:31:58,617 --> 00:31:59,750
[duke] 20 days.
748
00:31:59,952 --> 00:32:02,218
Can you check in to where those
appliances are?
749
00:32:02,220 --> 00:32:05,154
Because we got one.
We need a lot more than that.
750
00:32:05,224 --> 00:32:07,624
[duke] I don't have the tracking
information in front of me.
751
00:32:07,692 --> 00:32:09,326
How can you leave
with all the work
752
00:32:09,328 --> 00:32:12,029
We got to finish on this house,
dude?
753
00:32:12,031 --> 00:32:14,230
Duke has a great
connection that can get us
754
00:32:14,299 --> 00:32:16,466
Awesome appliances
at a low price.
755
00:32:16,468 --> 00:32:18,835
The only problem is
it's duke's connection.
756
00:32:18,837 --> 00:32:21,270
Alynne and I
don't have access to it.
757
00:32:21,272 --> 00:32:23,206
So we got to go through duke
to find out
758
00:32:23,208 --> 00:32:24,741
Where these appliances are at.
759
00:32:24,743 --> 00:32:27,510
[duke] I had an opportunity
I couldn't pass up.
760
00:32:27,579 --> 00:32:29,512
Opportunity knocked.
I answered.
761
00:32:29,581 --> 00:32:31,648
This is on me, but this
is going to work out okay.
762
00:32:31,716 --> 00:32:34,184
We'll handle it.
I'll talk to you later.
763
00:32:34,186 --> 00:32:36,519
That means he's not coming back
before we finish.
764
00:32:36,588 --> 00:32:37,987
We're just gonna
have to handle it.
765
00:32:38,057 --> 00:32:39,790
I want to know where
our appliances are.
766
00:32:39,792 --> 00:32:41,391
I got an idea, though.
767
00:32:41,459 --> 00:32:44,528
Remember the other house we did
and we had those appliances
768
00:32:44,596 --> 00:32:46,396
That looked like jewelry?
And they were able
769
00:32:46,465 --> 00:32:48,264
To get them to us
at short notice.
770
00:32:48,333 --> 00:32:50,067
-What was that company?
-Yeah, z line.
771
00:32:50,069 --> 00:32:52,335
Z line.
They came really fast
772
00:32:52,337 --> 00:32:54,070
And everybody
was like going crazy
773
00:32:54,139 --> 00:32:55,539
About how
beautiful they were.
774
00:32:55,541 --> 00:32:57,407
I mean that's a good backup
plan but...
775
00:32:57,475 --> 00:32:58,475
No, for sure.
776
00:32:58,477 --> 00:32:59,543
But if they're lost,
777
00:32:59,545 --> 00:33:01,345
If we're not going to have them
on time,
778
00:33:01,479 --> 00:33:03,613
Let's call z line.
Let's figure out if there's
779
00:33:03,615 --> 00:33:05,649
Any tracking information
on that box out there.
780
00:33:11,990 --> 00:33:14,057
Our enormous junior
olympic pool
781
00:33:14,193 --> 00:33:18,028
Is tiled
and then given fresh plaster,
782
00:33:19,164 --> 00:33:22,599
And filled with 250,000 gallons
of water.
783
00:33:24,769 --> 00:33:27,070
Then the backyard
gets brand new sod.
784
00:33:29,041 --> 00:33:32,109
The front yard gets new
landscaping and sod as well.
785
00:33:33,612 --> 00:33:36,012
Then, new light wood,
plank flooring
786
00:33:36,014 --> 00:33:38,214
That will match well with
our terrazzo floor
787
00:33:38,216 --> 00:33:39,916
Goes down
throughout the house.
788
00:33:42,721 --> 00:33:45,122
Up next, it's time for granite
countertops
789
00:33:45,190 --> 00:33:48,558
To be installed in the kitchen
and bathroom.
790
00:33:50,462 --> 00:33:52,028
With the countertops in,
791
00:33:52,030 --> 00:33:54,464
We add white and blue scalloped
backsplash.
792
00:33:54,833 --> 00:33:56,366
Then we get to install
793
00:33:56,368 --> 00:33:58,668
Our beautiful new z line
appliances.
794
00:33:59,271 --> 00:34:02,472
For staging this home we're
using light and bright colors
795
00:34:02,541 --> 00:34:04,441
To emphasize our
more open floorplan
796
00:34:04,509 --> 00:34:06,209
And new
and refinished floors.
797
00:34:14,619 --> 00:34:15,952
[keith chuckles]
798
00:34:16,021 --> 00:34:18,588
I feel so bad that duke's
not here to see this,
799
00:34:18,590 --> 00:34:21,190
I know. He's not...
He's missing all the spoils
800
00:34:21,260 --> 00:34:23,160
Of having it
actually come to life.
801
00:34:23,162 --> 00:34:27,097
This yard when we got here
it was brown,
802
00:34:27,099 --> 00:34:29,533
And it was almost like
tumbleweeds and dust.
803
00:34:29,601 --> 00:34:31,634
[alynne] this is such
an improvement.
804
00:34:31,703 --> 00:34:34,270
Even just the trim painted
805
00:34:34,339 --> 00:34:36,506
And fixing everything
in the front door.
806
00:34:36,574 --> 00:34:38,908
Adding the modern lights
and making
807
00:34:38,977 --> 00:34:40,944
All this landscaping
look amazing
808
00:34:41,079 --> 00:34:42,512
In front of the one feature
we do have.
809
00:34:42,581 --> 00:34:44,447
-This window up front.
-Yeah.
810
00:34:44,449 --> 00:34:47,384
Remember the three cap shingles
that were on the roof?
811
00:34:47,386 --> 00:34:49,519
It just wasn't up to
the neighborhood standard.
812
00:34:49,587 --> 00:34:52,422
Well, it looks really good and
any time you can sell a house
813
00:34:52,424 --> 00:34:55,092
With a new roof, it adds value
to the sale.
814
00:34:56,828 --> 00:34:58,428
When we walked up here,
815
00:34:58,430 --> 00:35:00,330
I thought this was one of the
most boring houses,
816
00:35:00,332 --> 00:35:03,133
And sometimes there's not really
a bunch of things you can do
817
00:35:03,201 --> 00:35:05,268
That are cost-effective.
818
00:35:05,337 --> 00:35:07,471
But I think that what we did,
the simple changes we made,
819
00:35:07,539 --> 00:35:08,938
I think are amazing.
820
00:35:09,007 --> 00:35:10,740
But the new lights,
the new landscaping.
821
00:35:10,742 --> 00:35:12,075
I mean, in the yard.
822
00:35:12,077 --> 00:35:13,810
The yard
is the biggest improvement
823
00:35:13,812 --> 00:35:15,945
-To this...
-Out of everything.
824
00:35:16,014 --> 00:35:19,049
Let's go check out
the design on the inside.
825
00:35:24,355 --> 00:35:25,755
Wow.
826
00:35:28,360 --> 00:35:29,626
The floor in here
was like a carpet.
827
00:35:29,894 --> 00:35:31,494
[alynne]
it was that blue carpet.
828
00:35:31,496 --> 00:35:32,962
[keith] oh, yeah.
829
00:35:33,631 --> 00:35:37,300
Well, this whole space
is absolutely transformed.
830
00:35:37,302 --> 00:35:40,437
We moved the opening in
the wall from there to here.
831
00:35:40,505 --> 00:35:43,072
It's hard to take a older house
and give it
832
00:35:43,141 --> 00:35:44,674
A fully contemporary layout
833
00:35:44,743 --> 00:35:46,576
But I think we smashed it.
834
00:35:46,645 --> 00:35:48,778
I love this perspective
from right here.
835
00:35:48,914 --> 00:35:51,380
Our new homeowners are going
to walk in the front door
836
00:35:51,450 --> 00:35:54,584
And they're going to see
this beautiful feature wall
837
00:35:54,719 --> 00:35:57,120
And it's going to like
tie it all together.
838
00:35:57,189 --> 00:35:59,923
[keith] blue carpet. That flowed
into the dining room too, right?
839
00:35:59,991 --> 00:36:01,391
[alynne] yeah.
840
00:36:01,459 --> 00:36:04,394
[keith] I love how the floors
transition right through
841
00:36:04,396 --> 00:36:05,629
Into the dining room.
842
00:36:06,665 --> 00:36:09,466
So this was its
own discrete space,
843
00:36:09,468 --> 00:36:12,068
And it had like a doorway going
from the kitchen into here.
844
00:36:13,204 --> 00:36:15,471
Now, this is so much brighter.
845
00:36:15,473 --> 00:36:18,341
Lets in all this light from
multiple avenues.
846
00:36:18,410 --> 00:36:20,509
I just love the way
the dining room
847
00:36:20,511 --> 00:36:25,781
Flows into the kitchen.
And, holy cow, what a kitchen.
848
00:36:25,851 --> 00:36:28,018
Do you remember before, this
kitchen had
849
00:36:28,153 --> 00:36:30,153
That weird grim pallor
to it
850
00:36:30,288 --> 00:36:33,890
[alynne] and there was all that
ugly black tile here.
851
00:36:33,958 --> 00:36:36,493
And then there was another
peninsula over there.
852
00:36:38,396 --> 00:36:42,132
This is a giant transformation,
but in its own right,
853
00:36:42,134 --> 00:36:45,769
This is one of the prettiest
kitchens we've ever done.
854
00:36:45,837 --> 00:36:49,105
This is a good wide space and,
you know,
855
00:36:49,174 --> 00:36:51,708
Leads us into bedroom
number one.
856
00:36:51,843 --> 00:36:54,644
Oh this was
the green screen room,
857
00:36:54,713 --> 00:36:56,612
You know, a few changes,
obviously.
858
00:36:56,615 --> 00:36:59,715
The terrazzo carried through
here where it was tile before.
859
00:36:59,785 --> 00:37:01,984
We have, you know,
light walls.
860
00:37:01,986 --> 00:37:04,187
I'd say it's a good space
861
00:37:04,189 --> 00:37:07,324
And then here, I mean, this
was that yellow room with
862
00:37:07,392 --> 00:37:08,992
The stenciling
around the top of it.
863
00:37:08,994 --> 00:37:10,593
Pulled up the tile.
864
00:37:10,595 --> 00:37:13,263
More terrazzo, refinished up
really well.
865
00:37:13,398 --> 00:37:16,265
And this is a really nice size
for a primary bedroom.
866
00:37:16,335 --> 00:37:19,269
So the big deal in this room
though is that bathroom.
867
00:37:19,805 --> 00:37:23,006
Think about how dark and dingy
the space was to begin with?
868
00:37:23,608 --> 00:37:25,875
Check out the tile.
It's modern, but it's cool.
869
00:37:25,943 --> 00:37:27,610
It's blue, it's aquatic.
870
00:37:27,613 --> 00:37:29,145
And then we added
the same granite
871
00:37:29,147 --> 00:37:31,214
That we used
in the rest of the house.
872
00:37:31,283 --> 00:37:33,216
The bathroom came together.
873
00:37:33,285 --> 00:37:35,118
Let's check out
the new hallway bathroom.
874
00:37:36,388 --> 00:37:39,255
What we had here to start with
was just a horror show.
875
00:37:39,257 --> 00:37:42,192
It was dumpster fire
of a bathroom.
876
00:37:42,260 --> 00:37:44,827
It's a huge transformation
in a small space.
877
00:37:44,829 --> 00:37:46,362
Now this is fantastic.
878
00:37:46,431 --> 00:37:48,431
Hey, let's go
to the family room.
879
00:37:49,301 --> 00:37:51,635
[keith] this was that tile.
It was like the cheap...
880
00:37:51,703 --> 00:37:54,036
[alynne] ...'80s medallion type.
881
00:37:54,106 --> 00:37:55,638
And it was super dark in here.
882
00:37:55,707 --> 00:37:56,840
You remember the walls?
883
00:37:58,176 --> 00:37:59,442
This is a big improvement.
884
00:37:59,510 --> 00:38:01,177
[keith] yeah,
a dramatic improvement.
885
00:38:01,179 --> 00:38:04,948
And my biggest improvement in
this room is those french doors.
886
00:38:04,950 --> 00:38:06,082
Oh, well.
887
00:38:06,151 --> 00:38:08,584
Although I would have liked to
see them bigger,
888
00:38:08,653 --> 00:38:10,853
But we did save
a little bit of money
889
00:38:10,856 --> 00:38:12,589
By using the existing header.
890
00:38:12,724 --> 00:38:14,857
Yeah, we could have got
the doors six inches bigger
891
00:38:14,926 --> 00:38:16,992
Or something but that's
perfectly functional.
892
00:38:17,062 --> 00:38:18,661
You can see the pool.
893
00:38:18,663 --> 00:38:20,497
Speaking of which,
let's take a look at it.
894
00:38:22,000 --> 00:38:24,233
Wow!
895
00:38:24,235 --> 00:38:26,102
This is nuts.
896
00:38:26,104 --> 00:38:28,871
When we got here, you remember
how dark the pool was.
897
00:38:28,940 --> 00:38:32,441
We had no idea how damaged
the pool was, how deep it was,
898
00:38:32,511 --> 00:38:34,176
What was down there. Now...
899
00:38:35,213 --> 00:38:38,347
So the dramatic transformation.
Buyers are going to
900
00:38:38,417 --> 00:38:42,051
Walk out here and
be like, "oh, my god."
901
00:38:42,053 --> 00:38:44,621
My favorite part about
this pool, though, is the tile.
902
00:38:44,623 --> 00:38:46,823
[keith] yeah the tile
you picked out.
903
00:38:46,825 --> 00:38:48,691
This is gonna be an amazing
selling feature
904
00:38:48,693 --> 00:38:51,161
To someone who really
loves to host outdoor parties.
905
00:38:51,229 --> 00:38:52,429
[keith] yeah.
906
00:38:53,498 --> 00:38:55,532
[alynne] then there's
another room over there.
907
00:38:58,970 --> 00:39:01,137
[keith] before we had this
cruddy mess
908
00:39:01,206 --> 00:39:03,440
It was full of frogs
and tadpoles.
909
00:39:04,710 --> 00:39:06,042
I love the jacuzzi.
910
00:39:06,111 --> 00:39:08,377
I love what polylift
did to lift the slab
911
00:39:08,447 --> 00:39:10,046
Because it was such
a heavy slab
912
00:39:10,114 --> 00:39:12,315
And now we have
this functioning jacuzzi.
913
00:39:12,317 --> 00:39:15,318
It's a beautiful setup
looking out over the backyard.
914
00:39:15,320 --> 00:39:18,688
Let's go see some
of your favorite spaces.
915
00:39:18,690 --> 00:39:20,122
Yeah. This is great.
916
00:39:20,124 --> 00:39:21,390
You come from the pool area.
917
00:39:21,460 --> 00:39:24,126
And now you come through
this clean garage
918
00:39:24,195 --> 00:39:25,829
And you go to the pool bath.
919
00:39:25,963 --> 00:39:28,798
[keith] it was your typical
dingy garage before,
920
00:39:28,867 --> 00:39:31,201
But now it's got
a great new floor
921
00:39:31,269 --> 00:39:32,802
Thanks to garage force.
922
00:39:32,804 --> 00:39:35,004
You know,
this wall is the major add
923
00:39:35,072 --> 00:39:36,339
That we did to this house.
924
00:39:36,475 --> 00:39:39,742
I mean, we captured, what,
like 150 square feet
925
00:39:39,811 --> 00:39:42,679
In the laundry room
under air conditioning.
926
00:39:42,681 --> 00:39:45,080
So we not only air-conditioned
the pool bath,
927
00:39:45,150 --> 00:39:46,683
We air-conditioned
the laundry area,
928
00:39:46,685 --> 00:39:49,252
Which everybody wants,
and added square footage.
929
00:39:49,254 --> 00:39:51,687
[alynne] yes,
and it fixed the flow.
930
00:39:52,624 --> 00:39:56,225
Alright, so let's get down
to brass tacks.
931
00:39:56,294 --> 00:39:58,461
We got to figure out what we're
listing this thing for.
932
00:39:58,597 --> 00:40:00,696
There's a lot of moving
parts on this one
933
00:40:00,699 --> 00:40:02,064
Because we ran
into expenses
934
00:40:02,133 --> 00:40:04,467
That we didn't foresee.
935
00:40:04,469 --> 00:40:07,303
So we're probably
right bumping up
936
00:40:07,305 --> 00:40:09,706
On $150,000
in renovation costs
937
00:40:09,708 --> 00:40:12,342
Because we
had 25 grand for the pool
938
00:40:12,344 --> 00:40:14,143
And then the roof was 20,
939
00:40:14,212 --> 00:40:17,647
That I still can't believe
we had to replace that.
940
00:40:17,715 --> 00:40:19,114
Julie suggested,
941
00:40:19,184 --> 00:40:21,518
That we list it for 699.
942
00:40:21,586 --> 00:40:25,355
I really wanted to reach
for a little bit more.
943
00:40:25,357 --> 00:40:27,924
The comps don't necessarily
support more than that.
944
00:40:27,992 --> 00:40:30,527
699 is not a bad list price.
945
00:40:30,529 --> 00:40:32,095
Well, no, I agree.
946
00:40:32,163 --> 00:40:34,230
We'll probably get multiple
offers on day one,
947
00:40:34,232 --> 00:40:37,467
But it just feels like we
should be able to get more
948
00:40:37,602 --> 00:40:39,535
For a house
of this quality, right?
949
00:40:39,538 --> 00:40:41,271
Alright, so I'll talk to julie.
950
00:40:41,339 --> 00:40:42,872
We'll double-check
the comps
951
00:40:42,941 --> 00:40:44,807
And we got to get a hold of duke
952
00:40:44,876 --> 00:40:46,509
And make sure
he's on board with that.
953
00:40:48,179 --> 00:40:50,146
This house was
absolutely full of some
954
00:40:50,214 --> 00:40:52,148
Not so pleasant
financial surprises.
955
00:40:52,150 --> 00:40:54,750
The roof, the pool.
But you know what?
956
00:40:54,819 --> 00:40:56,019
At the end of the day,
957
00:40:56,021 --> 00:40:58,354
I'm really excited with how
it came out.
958
00:40:58,423 --> 00:41:00,590
After talking to julie,
we intend to list
959
00:41:00,592 --> 00:41:03,425
This house for $699,000.
960
00:41:03,427 --> 00:41:06,763
We originally purchased it
for 375,000
961
00:41:06,765 --> 00:41:12,435
And our final renovation budget
was about $148,275.
962
00:41:12,504 --> 00:41:13,970
Our agent fees and
closing costs
963
00:41:14,038 --> 00:41:16,973
Will come to around 34,950.
964
00:41:16,975 --> 00:41:20,476
And our loan interest
is 10,465.
965
00:41:20,478 --> 00:41:25,882
Which means our total cost
is 568,690.
966
00:41:25,884 --> 00:41:30,887
And it gives us a
potential profit of $130,310.
967
00:41:32,657 --> 00:41:36,125
Look, we spent $25,000
on that pool.
968
00:41:36,194 --> 00:41:38,394
I'll be darned if I'm not gonna
get in.
969
00:41:38,463 --> 00:41:39,762
[alynne] now?
970
00:41:39,764 --> 00:41:40,897
Yes!
971
00:41:44,035 --> 00:41:46,069
Geronimo.
972
00:41:46,071 --> 00:41:48,238
I've got to get a picture
of this.
973
00:41:51,409 --> 00:41:56,078
You look like an ant in the
ocean in that, in this pool,
974
00:41:56,147 --> 00:41:57,614
This is awesome.
975
00:41:58,483 --> 00:42:00,783
It's gonna make a great
listing picture.
976
00:42:00,785 --> 00:42:03,152
This feels so good.
You ought to get in.
977
00:42:03,220 --> 00:42:05,288
Yeah. Not right now.
978
00:42:05,290 --> 00:42:08,858
[laughter]
979
00:42:08,860 --> 00:42:10,659
Alright, well, I'm going
to go and make sure
980
00:42:10,729 --> 00:42:12,762
Everything else is locked up
while you do laps.
981
00:42:12,830 --> 00:42:14,163
[keith] see ya!