♪
-[cellphone rings] -Oh, somebody's calling me.
Cameron's calling us.
-Hey, Cam. -[Cameron] You see that?
[Keisha] You got a new credit card?
I got approved for a couple lines of credit!
[Dolmar] You can't be going in debt now.
What you gonna do with the cards?
I'm going to use the cards to pay for each for other,
but then also use only the smart investments.
-[chuckles] -Oh, my God.
All right, well, just be careful.
Yeah. All right, guys. Just wanted to share that.
Well, thanks. I'll talk to you later.
We're trying to go over some properties.
-[Cameron] Love you. -I love you. Bye.
-[chuckles] -This kid.
-Hello. -[Keisha] Hey, girl.
-How are you? -[Dolmar] What's up?
-[Dolmar] Good morning. -Good morning.
-How's it going? -[Dolmar] Good.
-Yeah? -You're right on time.
-Okay. -Let's talk about this house
that I got from one of my lenders.
I used to sell him hundreds of houses back in the day,
and he turned them into rental properties.
And the negotiations on this house was pretty easy
because of that relationship I had with him.
It's always easier to make a deal with someone
you've worked with before.
So I bought this house for $190,000,
but when I bought it, it was still tenant-occupied,
so I wasn't able to get inside prior to buying the house.
One of my runners was able to get some pictures
now that the tenants finally moved out.
As you can see, it's pretty nasty.
Based on just thee pictures, I'm thinking
maybe $40,000 to rehab.
It's a three-bedroom, two-bath house.
[Keisha] This property is in the Port Richey area.
Mm-hmm.
And, you know, we love buying houses in that area
because you can get more bang for your buck there.
What are the comps running at for this property?
We're looking at around $300,000 to $320,000.
-Okay. -I think we should honestly be
very conservative about that right now,
especially in this market.
I think that we should stick to maybe $310,000.
I've noticed that the days on the market
have started to increase, especially in that area,
when it comes to properties sitting,
so I just wanna make sure that when we list it,
that we can sell it quickly.
I don't want it to sit.
When can we take a look at this property?
How soon are you available?
Towards the end of the week would be better for me.
-[Dolmar] Let's do it. -Okay.
-Does that work for you? -Yeah, it works.
♪♪
[Dolmar] All right, we're going to Port Richey.
Ah, I'm so excited! I love Port Richey.
Yeah, we made a lot of money over the years here.
Amanda, take a look at the houses
compared to housing in Tampa.
We actually have yards out here.
Right, it's the place
that you would wanna raise your children in.
[Dolmar] Located about 35 miles from Tampa
along the Gulf of Mexico,
Port Richey offers an affordable option for housing
while also giving residents access to great beaches,
shopping, restaurants, and businesses.
All right, we should be coming up to the house.
[Amanda] Looks like we bought the worst house
in the best neighborhood?
We bought the best house.
This is...
[Amanda] The paint on this house
is so, so boring.
-[Keisha] Ugh. -[Amanda] And it's just stucco.
There's no brick. There's no rock.
-[Amanda] It's just flat. -[Keisha] Yeah.
So before we go inside, let's talk about that.
So we know we wanna paint the house.
-Right. -On a house this size,
we're talking at around $3,500.
-[Amanda] Okay. -That's materials and labor.
Landscaping -- I mean, we don't have a whole lot
I think we have to do,
so I would say $1,000 for landscaping.
-[Amanda] Mm-hmm. -I think that we can
salvage this driveway.
Maybe it needs a pressure wash.
I'm just trying to think of ways
that we can save money before we even to into this house,
because I have a feeling
that this is not gonna be a light rehab.
Let's take a look inside.
This three-bedroom, two-bath, 1,634-square-foot ranch house
sits on a large fenced-in lot.
In the backyard, it has a screened pool enclosure
that surrounds a nicely rounded kidney-shaped pool.
-Oh, whoa. -[Amanda] Oh, geez.
-[Keisha] Oh, my goodness. -[Dolmar] Wow.
-[Dolmar] This is not good. -[Keisha] Tons of gross trash.
[Dolmar] It's disgusting.
You walk through that front door and you're looking at this wall.
The wall is, like, right in the front door.
At least this is a closet.
[Dolmar] We need to completely take it out.
-[Amanda] Yeah. -[Dolmar] I don't like it.
[Amanda] Laundry room to the right,
needs some cosmetic upgrades.
-[Amanda] Dinette area. -[Dolmar] Ooh.
[Keisha] We should consider a new floor and an exterminator.
-Kitchen. -Kitchen over here.
[Dolmar] Boring and outdated.
This wall over here -- I don't like it.
Would you agree to taking this down?
[Amanda] Yeah, I mean, so that wall
that we just walked into in the front door
looks like it's all connected here.
If we just totally remove that,
this will open up over to the living space on that other side.
[Dolmar] So keep in mind we have a $40,000 budget.
Remember, that's what I planned on from these pictures.
I have a $10,000 buffer to bring us to $50,000,
but I'd prefer to stay around $40,000.
-Sounds great. -Okay, what are we thinking
dollar-wise for the kitchen?
[Dolmar] It's not a huge kitchen,
so we can probably get away with $10,000,
but keep in mind, if we're taking down walls,
that also means we have to take out the floor.
How big is this house again?
[Keisha] It's about 1,700 square feet.
That is a lot of flooring. That's about $7,000, $8,000,
maybe a little bit more, depending on
what you pick out material-wise in flooring.
-Okay. -Well, let's see what else
needs to be done in this house.
All right. Let's go this way.
[Keisha] Oh, my gosh.
What is that?
[Dolmar] The fact that this is here means
that there might have been a roof leak before.
I'm hoping it's before and not current,
because that might mean we might need a new roof now.
This is the first bedroom, obviously, that we walked into.
We have a small closet space.
I mean, typical -- just add a fan, clean up the room.
It's a basic bedroom.
[Dolmar] All right, on to the bathroom.
Yikes.
Look at this pink floor.
[Amanda] What can we pull from here?
[Dolmar] We're gonna have
a complete bathroom remodel on the list.
Maybe about 4 to 5 grand.
Let's see how big this other bedroom is.
[Dolmar] Looks like it's the same size.
-[Amanda] Yeah. -Oh.
This is concerning to me.
[Keisha] Oh, man. Look at all this damage here.
That's weird. They have cardboard held up with screws.
I don't know if this is a real problem with this ceiling
or if the tenants did this, because the tenants
that lived here before were evicted.
I'm thinking maybe the tenants damaged the house.
[Keisha] Let's look at the room next door.
Ooh. Wait, wait.
What is this room? This is weird.
There's a fireplace.
It looks like they put, like, a hodgepodge closet there...
-[Dolmar laughs] -[Keisha] Oh, my goodness.
...and tried to turn this room into a bedroom.
It definitely was a family area,
because you just wouldn't have a fireplace in a bedroom.
We could either turn it back to the living room
or turn this into a fourth bedroom.
I think turning this into a fourth bedroom is very easy
and cost-efficient to do.
All we do is add a closet.
We already have our egress right here,
so we could take this out, all of this out, close this up.
This whole section can be a closet,
and this room can be a fourth bedroom.
-[Keisha] It can be. -Four bedrooms are nice.
But let's see the rest of the house
before we lock in, like, this is gonna be a fourth.
[Dolmar] I agree.
All right, I think this is the primary bedroom.
[Keisha] Let's look into this bedroom here.
[Amanda] It's so soulless in here.
[Keisha] We're being watched.
Oh, wow.
[Keisha] Look at the camera.
Man, they had a big set-up in here. Look at all the wires.
[Amanda] Yeah, look at the wire.
[Keisha] For being a primary, I feel like it's a little tiny.
It is a bit tiny.
The one plus, though, is we have French doors
that go out to the pool,
so I love the private, you know, exit and entrance
to the primary bedroom from the pool.
[Keisha] Let's look over here.
This looks like it's the bathroom?
What in the heck is this?
[Amanda] Ew, no!
[Dolmar] So the bathroom is in the closet?
We have to lay this out differently.
It's a funky layout.
[Amanda] What we should do is just look at this space
as a box right now.
Take down that wall, take all the dividers,
and now we have one big rectangular space.
The bedroom is a little bit small.
-[Keisha] Yes. -[Amanda] So if we wanted to
bring this wall out even just 1 foot,
and then that will create the primary bedroom to be bigger.
As long as we're not moving any plumbing,
'cause I'm just thinking money.
So $5,000 for this space would, I think, be enough.
Maybe we could push it to $6,000.
I was gonna say, we probably wanna push it to $6,000
because just tearing down a wall, changing a wall,
that's like $1,000.
[Dolmar] I have to run the math real quick.
We can go outside and do it.
-Ew. -Blah!
Oh, my goodness.
This is a zombie pool.
This is one of the most disgusting pools
that I've ever seen.
[Amanda] You know what this looks like?
If you push me in this pool, Dolmar --
this is disgusting!
Dolmar, we're gonna have to replace this
'cause this is just...
[Dolmar] All the screens have to be redone.
We have a lot of cost out here now.
The budget's actually gonna go beyond $40,000.
[Amanda] To be really, really honest,
we really don't know what we're looking at,
because if the pump is out on this, that's 10 grand.
Let's a do a little recap.
The house is, what, $190,000?
[Dolmar] Yeah, I bought it for $190,000.
$190,000, and you said a $50,000 renovation budget?
And then our ARV based on a 3/2 was $310,000?
-[Dolmar] $310,000, $320,000. -It was $310,000 or $320,000.
Okay, so we have a possibility of adding like another $20,000
if we do that fourth bedroom.
Although a fourth bedroom definitely helps,
it's not gonna raise our ARV enough
to justify a higher renovation budget,
so we're gonna have to be fast and efficient
to get this house done in 45 days.
I already bought this house for $190,000.
Now we're going to try and rehab this house for $50,000.
Keyword -- try.
Our agent fees and closing costs will come in at around $16,500,
with our loan interest at $2,850.
This means our total investment will be $259,350.
With our new fourth bedroom,
we can easily go after the $330,000 sales price I want,
giving us a potential profit of $70,650.
Now it's time to stretch that $50,000 renovation budget
as far as it can go.
We'll start in the primary suite
and tackle the poorly laid-out bathroom.
It will no longer be a bathroom within a closet.
We're adding access to the closet from the primary bedroom
and then closing off the strange entrance from the bathroom.
In the bathroom itself,
we'll be adding a new vanity, shower, and fixtures.
In the makeshift fourth bedroom,
we're going to remove the old fireplace and add a real closet,
making it an official fourth bedroom.
Out back, the screened enclosure for the pool
will get new screens,
then we'll power wash and paint the pool deck,
drain the pool, and repaint and clean up the shell and tile
that were underneath that filthy water.
Back inside, our big moves are happening in the kitchen.
The awkwardly placed coat closet by the front door
and the nearest wall are coming down to create
a more open floor plan.
Then, we're adding a large island
and giving the space all new cabinets
to really impress the buyers
when they walk in the front door.
♪
-Whoo! -Hey!
Dang. It's spicy outside.
-[Dolmar] It is hot! -It is very hot.
-[Dolmar] All right. -[Amanda] Oh, my gosh.
Let's gear up.
To get the most out of our $50,000 budget,
the team and I are gonna save some money
by starting some of the demo ourselves.
-Let's get to it. -All right, let's do it!
-All right. -All right, Keisha, come on.
-You're with me. -All right.
-[Dolmar] Let's go! -All right.
♪
Oh, look at you! [laughs] Good God.
Okay, Keisha!
♪
Lift it.
Go high.
-[screams] -Oh, shoot!
[Keisha] Somebody turn the water off!
[Dolmar] Oh, my God!
[Keisha] What are you doing?!
-Oh! -Turn it off, turn it off!
Hold on.
Oh, my God! We gonna flood the house.
[bleep] [bleep]
-[Dolmar] Turn the pipe off. -[Amanda] That is not it.
-Go turn it off outside. -Outside, outside.
-I gotta find -- -Hurry. It's flooding.
Ah, [bleep]
Nope. Can't find it.
Where the hell is...?
Is this it? [sighs]
♪♪
Nope, that's not it.
-[Amanda laughs] -[Keisha] It's not coming off?
[Amanda] Nope.
Here it is.
-[Amanda] That's -- -Oh, now it's going back on!
Oh, my God! Now you got the other one on.
[shrieks and laughs]
All right, I got it.
[bleep]
It's off! It's off! It's off!
-Okay. [laughs] -Oh!
We didn't have water damage before.
That's another thing we can add to the list.
Yeah, somebody forgot to turn off the water main,
but to make sure that we have no more issues,
I'm bringing in our contractor, Jesus.
So the girls started taking this apart --
-[Amanda] What? -[Keisha] See how he did that?
-"The girls." -[Amanda] No, no, no.
[Dolmar] Well, honestly, I'll tell the truth.
I forgot to turn the pipe off,
so it started spraying everywhere.
I wanna see if you can disconnect everything for us.
♪
All right.
♪
You wanna help me take this fridge out?
I was in this fridge already. It smells.
Look at all the roaches.
[Keisha] Oh! Oh, the smell!
-[Dolmar] They running. -[Keisha] Yes.
All right, let's get this out of here.
Ooh, God! Mnh-mnh.
♪
-Okay, yeah. -I love how open this looks.
Look at how open it looks already.
It's looks so much bigger already.
-Yep. -This was a great decision.
-Mm-hmm. Mm-hmm. -Ooh!
Now that this wall in the front has been taken down,
this house now feels so much more open
and ready to be worked on.
The crew finishes tearing down the entryway closet
and the kitchen wall to prepare for our updated kitchen layout.
Then it's on to getting rid of the fireplace
in what will officially become our fourth bedroom.
The crew starts by removing stone after stone.
It's a time-consuming process,
but it will really be helpful for our ARV
to add a closet where the fireplace used to be.
In the primary bedroom,
we've added new access to the closets
and have begun walling off the closet
inside the bathroom itself.
Outside around the pool,
we're tearing down the old lattice and screens
and powerwashing the pool deck.
Then the filthy water is drained from the pool,
so that we can check the state of the shell and tile.
♪
Our team's done a lot of work removing the walls
and draining the pool,
and they're still there working on the bathroom
and the new closet frame,
so the ladies and I are here to check in on the progress.
Wow. Wow.
-It's so open. -Dang!
[Dolmar] Yeah, it's definitely way better
than what was here before.
Let's go to the primary.
-That's where I was gonna go. -Okay.
-Yes. -All right, so this is where
a lot of the transformations
and moving of walls are happening as well.
-I like this. -Right.
Yeah, so remember we walked into this door
and then walked through here into the closet.
-Right, right. -So this wall was put up
to separate the closet from the bathroom.
I know you said we're not going to move any plumbing
or any electrical, so again, it's the same blueprint.
Design-wise, it's not the best design,
so I'm worried how that's going to impact a buyer.
But I understand, you know, it all comes down to the cost
of moving the plumbing and electrical,
which can easily add another $5,000 to 10,000.
I can't think anything that we can do
to drastically reduce our cost
to be able to make the investment here,
to change the layout.
[Keisha] It sucks that these are the decisions
that have to be made now,
and it's not like it's something that can wait
till the end of the project so we can see
if we have any wriggle room.
We don't have the time to wait.
Yeah. I think we're stuck.
[Keisha] Okay.
I do wanna talk about that other bedroom.
[saw whirring]
-[Keisha] Ooh. -Hey, what's up, Richie?
-What's up, Dakota? -Hey, y'all.
-What's up, guys? -How are you?
-What's up? -How you doing?
-Pretty good. -Hey, love the work
you guys are doing in here.
-Thanks, man. -Coming along.
Did Keisha tell you you gotta finish this in a week?
Yeah, we'll be done.
See, that's my guy. I like him.
He said, "Yeah." He was like, "Uh..."
-Okay. -All right, so this is the room
where we took the fireplace down that took up this entire wall,
framed it off so the access to the chimney is no longer there.
Now, because there are windows, we don't want to close them up,
so putting the closet in the middle,
and then if you see right here,
there's actually, like, a bench right in front of the window.
Look, I love this. That's an amazing idea.
I'm so glad that we decided to turn this into a bedroom.
-I like that. -And I'm hoping, hoping, hoping
that the value would increase by us doing this.
Here's the thing -- whether the value increases or not,
having more sleeping space, rooms,
is gonna make the house more desirable for buyers.
More, in this case, is better than less.
-Yes. -And in a market right now
where the market is starting to shift,
I think that's gonna, you know, play in our favor.
I love it. This was a great, great, great idea.
All right, what I wanna see now is the pool.
-Mm! -I wanna see what it looks like
now, 'cause they drained it.
I know. It was so disgusting the last time we were here.
This is my favorite part of the house is this pool area.
Look, it looks much better now, doesn't it?
It doesn't look good. What is that?
Look over there.
What happened to the pool?
I'm not swimming in that.
[Amanda] That is not good. Do you see that?
Look at this.
This has to be completely resurfaced.
This whole area right here.
This is, like, in there,
and there's a few spots all over the place.
[Dolmar] Yeah, this is not good at all.
Yeah, that floor needs to be completely resurfaced
and even, like, look at this tile.
This tile is so dingy.
Like, that can't be cleaned up at all.
That needs to be replaced.
[Keisha] We don't have the budget for this.
I know that. Rich, Dakota.
Can you guys come out here for a second?
Yeah, I was gonna let you know about it.
You got come cracks in the pool.
You need to resurface the entire pool.
[Dolmar] What's that gonna cost?
Around like $8,000, $10,000.
[Keisha] Oh, my goodness.
[Amanda] That's the thing with these pools.
The pools are always surprises.
We don't know what we're getting into.
We were gonna do the basic remodel
and revival of this pool.
I was hoping to just drain it and put fresh water in here.
The most I was thinking about doing is maybe the tile.
Well, you can see that it's cracked.
You don't want it to leak later on.
It's probably gonna leak,
so that's what the marcite's gonna do.
It's gonna re-waterproof the entire pool.
Is this the best price you can do, for real?
[Dakota] 8 to 10 grand is pretty much the price.
All right, so let's use the $8,000 number.
What does that all include?
We're gonna find all the hollows,
fix the cracks, re-marcite it, fill it back up.
Just to be clear, that includes material?
Yeah, yeah.
How long will that take to fix this?
About three days.
And that wouldn't interfere with your timeline on the inside?
-Nope. -All right, we gotta, like,
seriously get this house done.
Yeah, it's gonna get done.
-[Dolmar] Okay. -[Keisha] Okay.
I don't know what else to say. I guess we don't have a choice.
We gotta do it. All right, thanks, guys.
[Richie] No problem.
I don't think we have any other option at this point.
[Amanda] We have to just spend it.
[sighs] All I know is that this is not good.
[Dolmar] Just need to come up with solutions at this point.
It smells like fishes in that pool still.
[Amanda laughs] Oh, God.
[Dolmar] This news about the pool
is definitely not what I wanted to hear.
It is going to be a struggle to make a profit on this house.
We did get some good news
in that the roof does not have to be replaced.
The holes are just from the evicted tenants.
Because the roof is in good shape,
we can start repainting the exterior of the house.
We have swapped out the bland tan color for a creamy white
to give it a fresh and clean look.
In our fourth bedroom,
the team is finishing the new closet space.
♪
Then the drywall the evicted tenants damaged is removed
and new drywall is put up.
The electrician updates a few broken outlets.
And it's time to cover the original dark walls
with a fresh coat of paint.
We have picked a warm but neutral tone
that will go well with any color scheme
to appeal to a broader audience of buyers.
We're halfway through this flip, and while it seems like
we have a lot of money left to work with,
we've still got some big items
like cabinets and countertops to go.
♪
Ugh. I've been looking over the numbers and the comps
for this property, and I've got some thoughts.
-Okay. -The houses are staying
on the market a lot longer than they were before.
-[sighs] Okay. -I think that we're not gonna
be able to fix and flip this property like we typically do.
Like, our profit is not gonna be anywhere near
what we're used to.
See, this is the problem
when we buy houses in these tertiary markets.
When you're buying houses outside the major cities
like Tampa, St. Pete,
houses tend to move a lot slower,
or if a market is shifting,
fluctuations in the marketplace affect those tertiary markets
first before the houses closer to the city.
The thing about it is we're not even done with the house.
So what do you suggest?
I think that we need to hold onto this property.
We can hold onto it, rent it out for a while,
and see if the market shifts,
and then we can always resell it later.
I'm open to it. I mean, I think that's a good idea.
Renting this house out is not a bad idea,
especially now that we have fourth bedroom.
We can rent this house out
between $2,000 to $2,300[ a month.
That's close to $27,000 for the year.
So then that is going to affect our decision-making
with what we're doing there right now.
Yeah. One of the first things we're gonna need to do
is call Amanda.
I know that she's been working on the design of this house
and she's choosing more high-end finishes,
and, you know, we're not gonna need that for the rental house.
Low-maintenance is the best choice for renter wear and tear.
[Dolmar] Let's call her right away
because I don't want her to waste her time.
She's already spent a lot of time on this house.
-Mm-hmm. -[line ringing]
[Amanda] Good morning, good morning!
-Whoa! -Good morning.
Well, hello. What are you working on?
[Amanda] I'm over here at the Peppertree House.
I'm doing some things.
I've got, like, preliminary drawings and ideas going.
All right, stay there 'cause I wanna talk to you
about something, and I'd prefer to do it in person.
[Amanda] Okay. All right, cool.
All right, we'll be there shortly.
[Amanda] All right, see you soon.
-All right, bye. -All right, bye.
[Amanda] Bye.
[Dolmar sighs]
-Hey. -What's up?
What's wrong? What's that face for?
-We gotta talk. -Okay.
On the phone, it didn't sound too good.
It's not good.
Based on the market and the comps in this area,
we've made a different decision on this house.
All right.
This is so bad where we might actually lose money
if we were to flip this thing.
Instead of fixing and flipping it,
we're gonna fix it and keep it as a rental.
Okay, so then, what, Level 1 budget?
No, we're gonna have to actually make
some more drastic decisions than that.
We're gonna have to go lower than Level 1 in some areas.
Some of the things that we would normally even replace
for a fix-and-flip, we're probably just gonna keep as is.
So you don't want me to design at all for the house?
Well, no, it would be great if you could still consult,
but there's no point of having you here all the time.
I get where you're coming from.
Just hit me up whenever you need me.
I can pop in and out
whenever you guys need me throughout the process,
and even though I've spent time already on this house,
you can make up the time with lunch.
-[Amanda laughs] Yeah? -Fair enough.
♪
[Dolmar] While we buy Amanda lunch,
our team starts to implement our new rental-grade renovations.
This means instead of the vinyl flooring we were thinking of,
which would show wear and tear faster with rowdy tenants,
we have decided to do a neutral-colored
square-tile floor with white grout
all throughout the house.
It's durable, cost-effective,
and it's still an improvement over the previous flooring.
In both the guest and primary bathrooms,
we're installing a hardy and neutral-colored tile
for the bathtub and shower.
This is a step up from the fiberglass surround
that was in there previously,
but still cost-effective enough to be rental-grade.
♪
All right, house is painted.
It is looking good.
[Dolmar] Let's go check out the inside real quick.
Since Amanda is just consulting now
instead of actually being here to design,
we've had to cut some corners on some design decisions
that I now need to show Dolmar.
[Dolmar] All right. Oh, the tile looks good.
[Keisha] Yeah, look, it's all painted.
I'm glad we went with tile instead of LVP
or even carpet throughout the rest of the house
because with us renting out this house instead of selling it,
I think this is a benefit to the tenant.
It's easier to maintain, easier to clean.
So we got fixtures left.
What are we doing for that? What's the plan?
[Keisha] I ran some items that we already own by Amanda.
I was able to pull some lighting,
some fixtures, and some fans from our storage,
the ones that we use at our other rental properties,
and pull them over here.
These choices are very modest, they're very cost-effective,
but they're still very, very pretty.
So as far as timeline goes,
we got fixtures that need to be done.
Those are one their way.
Cabinets need to be installed in the kitchen and the bathrooms.
-Yes. And counters. -Yep, and counters, appliances.
I don't wanna have a huge gap trying to get this thing listed
and filled with a tenant,
so let's start premarketing this house,
hype it up, get some, you know, potential interest in this,
so we can get a tenant in here as quickly as possible.
Start marketing.
Let's go over here to the primary
because I wanna show you this amazing tile
that I found on an amazing, amazing price.
-[Dolmar] Okay. -[Keisha] I sent a picture
to Amanda before I bought it, and she liked it.
-[Dolmar] This looks good. -[Keisha] Yeah, isn't it nice?
[Dolmar] Yeah, I like it,
especially for a rental property.
-Yeah. -It looks good.
What I love about it is that it's still very neutral, right?
So any tenant can come in here,
and they can still feel like it's their home.
What I love even more is that we got it on a rental budget.
This tile was like 79 cents a square foot.
This is less than a dollar?
-Yes. -Wow. Okay.
Yes, exactly. And I decided to tie this in
with the other bathroom as well,
just to make sure everything's uniform.
[Dolmar] I like it a lot. Yeah, bathroom looks good.
What about the pool?
[Keisha] Pool cleaner's coming in next week.
They'll repair and patch the cracks.
And then we've got people coming to paint as well.
-[Dolmar] Paint the deck? -[Keisha] Yep.
Sounds like you're top of everything.
Yeah, we are. So far so good.
All right. I'm gonna get those rental comps
and see where we can come in at getting it rented.
-[Keisha] As soon as possible. -[Dolmar] Yeah.
[Keisha] Yes.
[Dolmar] While I look for comps,
the crew starts work on the pool.
All of the cracks in the pool's shell and deck
need to be patched with plaster so we don't have any leaks
or unsafe conditions for our renters in the future.
Because we are renting out this house and not selling it,
we made the decision to just clean up the pool tile
instead of replacing it.
Brand-new pool tile isn't a necessary expense
to attract a renter.
And the tile already looks a lot better after powerwashing it.
♪
Inside, the crew is installing our white kitchen cabinets
and bathroom vanities.
We've picked Shaker doors because they are affordable,
but still classy.
Our original plan for the countertops was granite,
and even though this is a rental,
we're still doing granite because it's scratch-resistant,
heat-resistant, and stain-resistant --
the perfect materials for renters.
Then it's time for the lights and fans
Keisha sourced from our warehouse to get installed.
New trim goes up throughout the house
to give a clean look.
And our plumber works to install our new dishwasher,
kitchen, and bathroom faucets.
♪
♪♪
♪
-Here you go. -Thank you.
-Oh, wow. -Ah! I love the countertops.
[Dolmar] Yeah, this is looking really, really nice.
I love the color selection as well.
Yeah, I think it's pretty neutral.
I think it will go for anybody's decor.
We just gotta finish installing these light fixtures,
the switches, and then this room will good to go.
Let's go take a look at the bathroom.
[Dolmar] Okay.
[Keisha] Oh, look at this vanity.
I love the faucet. I love this choice.
It goes with the kitchen.
We just gotta get the mirrors up, the light, and that's it.
All right, cool. It looks good.
-Okay. -I love it.
This is our converted fourth bedroom.
[Dolmar] I remember the fireplace area.
This looks much better now.
It could be, like, a little reading nook.
We could put some cushions.
Turing this into a fourth bedroom was a smart idea.
Oh, yeah. I love it.
Um, what is this?
-[Keisha] What? -[Dolmar] Keisha, you see this?
What is this right here?
Oh, my God. Is that water?
[Dolmar] It's water. Where's this coming from?
It's not coming from outside 'cause it's dry.
It's dry up there, and it's dry down here.
Oh, my goodness. This is all we need.
So I know it rained recently,
I don't know if one of the guys left the door cracked open,
but we need to look into what this is.
Yeah, let me get on the phone with PJ
and figure out what this could be.
This is not just a little bit of water. It's a lot.
All right, let's see out here.
Wow. Out here looks good.
[Keisha] Yeah, they did a great job on these screens.
The pebbles out here are looking great.
-[Dolmar] Yes, they are. -[Keisha] And on top of it,
the pool's gonna get filled in today as well.
-Really? -Mm-hmm.
Wow. So out here is basically gonna be done.
Pretty much done.
Like, a couple days, boom, boom,
we can clean and stage it.
All right. I love it. What's next then?
Well, I wanna get with Amanda
to see if she can get with the stagers
and make sure that this house is really staged nicely.
Love it. All right, cool. Let's get out of here.
Yeah, let's go.
[Dolmar] Luckily, we discovered that a worker had just left
the door open in the rain, and there was no leak.
Next, we turn our attention to the landscaping.
We clear the debris, and then lay mulch
and some simple flowers for some pops of color.
This look will be a perfect
low-maintenance option for our renters.
Then the Pressure WashKing removes old dirt and oil
to make the driveway shine.
♪
[knock on door]
-Hi. -Hi.
-How are you? -How are you?
-So good to see you again. -You too.
-Nice meeting you. -Nice to meet you.
-Amanda. -[Keisha] Thank you so much for
coming and taking a look at the house
to see what you can do here.
You know that you typically stage
our fix-and-flip properties, so we're usually in and out,
but the unique situation with this house
is we are renting it out.
Just because we're trying to rent it out,
it doesn't mean we don't want it to look amazing.
And that'll help us rent it out a lot faster.
So it would be amazing if you could come in
and check out our space and walk the house with Amanda
and see what kind of ideas you come up with.
Absolutely. I'd love to.
All right, so where do you guys wanna start?
Let's go in the kitchen
'cause you know that's the selling point of the house.
-[Andrea] Heart of the house. -So I was thinking
if we could just, like, have some bar stools here.
Yes, I'm thinking the same thing.
We usually put a little coffee station, make it feel like home.
Right, right, right.
And then over here -- the living room.
What color palette are you thinking for here?
I think some neutrals.
You know, the walls are pretty neutral,
but the pops of color, you know, some blues.
On to the primary. So your typical primary bedroom.
[Andrea] This seems like it could fit a queen bed in here.
It seems like a perfect size with some nightstands
and, you know, a console table over there and some cute art.
All right, let's go to the other side of the house.
We got typical bathroom.
Of course, you know, stage it up, make it a spa.
And the two bedrooms are on this side.
People will probably use this as a children's bedroom,
so we're gonna dress it up and make it cute
with some great colors and kid-size bed.
-It'll be great. -All right.
Oh, my favorite part.
Typical outdoor furniture. What do you have
as far as, like, inventory goes for your staging?
I have a nice L-shaped couch
that I think would be perfect right over there.
-Okay. -[Andrea] Think I'm gonna
probably bring a couple of Adirondack chairs
to put them over there so, again, people can feel,
"Oh, I can drink my wine over there.
I can get a sun tan over there." So...
[Amanda] Yes. I love it.
Thank you so much for walking through the house,
and just let me know if you have any questions...
-[Andrea] Okay, I will. -...or anything hiccups
or anything like that, and me and Keisha are around.
Yeah.
[Dolmar] Now that Amanda and Andrea have a plan,
Staged Right gets to work.
Thank you.
[Dolmar] They're sticking with lighter neutral tones
by adding pops of color here and there,
like in the kids' room, guest room, and living room.
The neutral colors we picked for our walls and floors
mean that any furniture our future renters bring in
will work, which is something we think
will appeal to families.
But, hey, if they want to copy this great set-up
by Staged Right, I don't blame them.
♪
♪ Big house on the hill, leather seats is my throne ♪
♪ Yeah, we started from the bottom ♪
♪ But my team, we up
[Dolmar] Look at this!
This looks so much better than what was here before.
[Keisha] It used to be
the worst-looking house on this block.
Dingy, peachy, just ugly, dirty color.
The landscaping was such a mess and the exterior was so dirty.
The driveway was filthy and not inviting.
This house has now become one of the beauties on this block.
We have a house with curb appeal.
I mean, the flowers give so much color.
[Keisha] The color of this house is so much better
than it was before, much brighter.
I'm glad we were able to get this driveway pressure washed.
Pressure WashKing -- they came through.
Exactly. We want the renter
to feel like this can be their home.
-I wanna see inside. -Me too.
All right, let's see.
Ladies first.
-Look at this. -Wow.
[Amanda] I remember when we first walked in,
you couldn't see anything in the house
past that hallway storage closet.
[Dolmar] I love what we did with this space.
[Keisha] It just looks so great.
I love, love, love this countertop.
It definitely brightens up the space,
and one of the things I noticed when we walked through
the front door -- it makes it feel bigger.
[Keisha] I think that this color palette will go with
any renter's furniture, any of their choices
when they move in here.
Even these kitchen cabinets were just gross and dirty.
They just needed to go.
Now we've replaced them. Brand-new appliances.
[Dolmar] All right, I wanna see in this room right here.
Here's the primary bedroom.
[Keisha] This room was dark, dingy,
and there were cameras everywhere.
[Amanda] But now we have a neutral color palette
with natural tones, and it's making this space cozy.
Show me what you did in the bathroom.
Come on, let me show you a little bit here.
So remember, in here we had this disgusting green tile.
[Dolmar] I also remember the nasty floors.
It was like peel-and-stick floors.
We took all of that up and had these nice new tile here.
I also love that we put up a wall here
to separate the bathroom from the closet,
which wasn't there before, and the space feels much better.
Like, it functions better.
All right, I wanna see the other bedrooms.
Here's the first bedroom we saw.
[Keisha] Remember when this room was just dark and dingy?
Remember all the holes on the walls?
[Dolmar] Yeah, and the holes in the ceiling.
This is very colorful.
[Amanda] I really love neutral, natural color tones
for the paint so that it can brighten up the space.
And I love what the stager's done
because there's four bedrooms in this house,
so why not stage it into a kids' room, you know,
to bring that color
and to bring that living situation
to the potential renter?
-Let's go see the bathroom. -Yeah.
[Dolmar] This was a pretty bad bathroom.
[Keisha] This was really, really just dark and dirty.
I mean, remember these pink floors?
[Amanda] Even the shower wall was made out of fiberglass.
[Dolmar] Look at this.
[Keisha] So now it just looks so much bigger, brighter,
and it's nice for a second bath.
-[Dolmar] Yeah. -We added blinds throughout
because, of course, we're renting this house
versus fixing to flip it.
So we owe the renters privacy in every single one of these rooms.
[Dolmar] I wanna now see the room
that we turned into a fourth bedroom.
[Amanda] Before, there was that wire clothes rack
that was the closet.
There was a huge fireplace.
Now we have a closet that makes it technically a true bedroom.
I love the fact that we turned this room into another bedroom
because it automatically boosts our comps.
Regardless of whether we rent it or whether we sell it,
it still makes the value much higher,
so it was a great decision.
[Dolmar] You wanna go see the pool?
-[Keisha] Yes. -[Dolmar] Let's go check it out.
-Yes! I wanna go for a dip. -Wow!
[Dolmar] Remember the ripped-up screens that were hanging,
we were, like, fighting when we first walked the house?
[Amanda] This pool was so murky
you couldn't even see the bottom of it.
It was really a swamp thing.
[Dolmar] I think this was one of the nastiest pools
we probably revived.
I just know I can say goodbye to the swamp thing
and say hello to this beautiful blue lagoon.
[Keisha] It looks completely different.
I love this pool deck.
[Amanda] It gives a nice, refreshed look.
But we really did a good job on this house, guys.
I think we knocked it out the park.
We had a lot of challenges,
the biggest of which was the limited budget
we had to work with because of the changing market, right?
Some things we can control and some things we can't.
Now, initially, we had a $50,000 budget,
but interests rates going up, you know,
probably values not holding strong like they were before,
longer days on the market, we had to make a decision.
So instead of reselling the house,
we decided to rent it out.
[Dolmar] We bought this house for $190,000.
We planned on spending $50,000 in renovation costs,
but thanks to some hard choices,
we squeaked in right under $47,455.
Our yearly mortgage and taxes will come in around $26,000,
and our yearly maintenance will be $4,200.
This brings our total investment to around $265,000.
Our monthly goal for rent is $2,300 per month,
which brings in $27,600 in market rent a year.
this will cover our mortgage and give us a little extra
until the market swings back in our favor in a year or so,
and then we can sell this place.
♪
[Keisha] I gotta call Cam.
-[Cameron] Yo. -Hey, hon.
[Cameron] Hey, Mom.
So I got your credit card statement in the mail.
What do the charges even look like?
I mean, I can probably open it up,
kinda go through stuff and kinda see where --
[Cameron] Mm...yeah, so do you wanna have a heart attack,
or do you just wanna be peace of mind?
Your son is a grown-up now.
He's an adult, and he's probably doing things
that he doesn't want Mom to know about.
[Cameron] Yeah, exactly.
The Lord himself doesn't even wanna know,
so God forbid you do, too, Mom,
so let's just go ahead and put those envelopes back.
I love you, too, sweetheart.
[Cameron] I love you with all my heart, Mom.