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Real estate
is a hot commodity.
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00:00:05,013 --> 00:00:09,293
But around every corner,
danger lurks...
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00:00:09,397 --> 00:00:10,708
from zombie houses.
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These rotting corpses
aren't just ugly...
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What happened?
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...they're dangerous.
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Whoa!
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Fire!
Get out of there!
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And they can drag down
an entire neighborhood...
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It's the ugliest house
on the street.
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...but their days are numbered.
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Here in Orlando, Florida,
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taking on these monstrosities
is our specialty.
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It's a wreck, but we don't shy
away from things like that.
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Ew.
Our team tracks
these filthy zombies down...
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This place
is a total dump,
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but at least
this room is huge.
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...and pumps new life
into them...
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Maybe I got heat stroke,
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but I'm falling in love
with this place.
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...flipping them
into sweet homes...
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- Wow.
- This is amazing.
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...that we can sell... We are ready to go.
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...for an even
sweeter payday.
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Here's to selling
another house.
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This...
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is "Zombie House Flipping."
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Captioning provided by
A+E Networks
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♪ Step aside ♪
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♪ 'Cause I'm in lace ♪
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♪ I play to win ♪
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♪ I wanna see
their poker face ♪
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♪ Feeling lucky ♪
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♪ Feeling, feeling lucky ♪
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So I grabbed you guys today
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because this wholesaler
reached out
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and he has this property.
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It's in the
Hourglass District.
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Hourglass is such a great
little neighborhood.
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Yeah, without a doubt.
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It's the new hip area,
so it can't go wrong.
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♪ I'm feeling,
feeling lucky ♪
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The Hourglass District is
about three miles southeast
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of downtown Orlando,
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and it is the happening spot
in the city.
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It's been redeveloped
over recent years
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to include a walkable area
of dining, entertainment,
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and really great
local merchants.
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The real estate here varies
from 1920s Craftsman houses
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to modern builds
with high-end finishes,
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offering a wide array
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to buyers who are attracted
to this local focus community.
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The house is
on a flag lot.
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So it's like
a skinny entrance
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and it opens up into like
a bigger place?
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Like the--
- Yeah, like the shape of a flag.
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And, usually,
people don't think
they're very desirable
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because you can't see
the house from the road.
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And the house is
in somebody else's backyard.
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Yes. Well, this one is
on a lake.
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Well, that's pretty cool.
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Yeah.
Wait 'til you hear this--
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it's $230,000.
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Oh, wait a minute.
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Something's horribly wrong.
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$230,000, a lakefront,
in this market?
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So it's a shed
on a retention pond.
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Yeah. What's the catch?
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I mean,
it's 100 years old.
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And then
he also mentioned
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that there's
a boundary dispute.
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Ah!
That's the catch.
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Sounds like
our kind of mess.
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Now, this is a flag-shaped
lot. See it?
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So, here's a nice house
out front.
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Guess our zombie
must be behind it?
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The back house
is using this as access,
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then it's usually
a legal easement.
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Easements are always awkward
in situations like this,
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you know?
Yeah.
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From the look of this
big Dumpster, I mean,
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somebody's been working on it.
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I guess they're giving up
and bailing out.
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Well, there's the issue.
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This is the house for sale.
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Good thing
there's a front house
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because it hides
this ugly old thing
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from the rest
of the street.
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The roof looks terrible.
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Looks like it's
about to fall down.
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Ah, that's not awesome.
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Yeah.
- There's aluminum
or vinyl siding,
93
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but it's overtop
of the original wood siding,
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which means
very old construction
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with half-assed renovations.
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00:03:27,595 --> 00:03:30,149
Ash, what can you tell us
about this place?
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Well,
it's a two-story home
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00:03:31,564 --> 00:03:33,186
that's less
than 1,100 square feet,
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No.
100
00:04:13,192 --> 00:04:13,951
Not a lot of room
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00:04:14,055 --> 00:04:14,711
to move around in here.
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A lot of materials.
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This is a real mishmash
of everything, yeah?
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- What are we looking at?
- I don't even know.
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Is that a new window?
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00:04:25,169 --> 00:04:27,033
But it's framed in
really badly.
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It's like someone
kind of came in
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and just started
renovating randomly.
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There's no telling
what any
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of the space
is supposed to be.
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Looks like someone
was experimenting.
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- Yeah.
- Here, they were like,
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"Is this the kitchen?
Well, let's put up
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the backsplash, first,
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before any cabinets
or anything."
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- Oh, get out.
- But this tile goes
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all the way
down to the floor.
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Are you sure we're
in the kitchen?
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This must be a bathroom.
120
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No, because there's like
pendant lights up there.
121
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That's what I was thinking.
This is like a little island.
122
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So this is the kitchen?
- The kitchen.
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But there's a shower
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in the kitchen. Oh.
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So far, we're seeing
a floor plan
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that can't decide
what it wants to be,
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inside of a house that isn't
sure where it's supposed to be.
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That low asking price
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00:05:04,830 --> 00:05:06,038
is starting
to make a lot more sense.
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Should we look upstairs?
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Yeah, let's go.
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These stairs
are like something
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straight
out of summer camp
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00:05:12,251 --> 00:05:14,460
and a window looking
into the neighbor's yard?
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That's awkward.
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Whoa!
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Holy moly!
Look at the ceiling.
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There's old windows,
new windows,
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new framing, old framing.
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Is that a door going
outside there?
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Look, there's like
a balcony out there.
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00:05:26,369 --> 00:05:28,060
Well.
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Uh, there is
a little balcony,
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but this is closed off.
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So we've got a balcony
you can't access,
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which I guess is good because,
if you did stand on it,
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it looks like it'd crumble
under your feet.
148
00:05:40,279 --> 00:05:41,522
Check out
these floors, too.
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00:05:41,625 --> 00:05:42,764
They slope to one side.
150
00:05:42,868 --> 00:05:44,663
Yeah, that's not good.
151
00:05:44,766 --> 00:05:46,043
What's this room?
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This is the small,
little kitchen.
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Ah, yes,
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the mysterious
second kitchen.
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It's like living
in an RV-type kitchen.
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This property had a goofy
layout, to begin with,
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00:05:55,432 --> 00:05:57,917
and the recent work done on it
isn't helping things.
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I mean, who's buying
a one-bedroom,
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00:06:00,023 --> 00:06:01,507
two-kitchen house?
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00:06:01,611 --> 00:06:02,784
I want to see what
the land looks like.
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Wow!
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00:06:05,787 --> 00:06:06,892
This is amazing!
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So fabulous.
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Guys, look at this!
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Beautiful!
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I love the lily pad.
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That's like
75 feet of lakefront.
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This house is driveway-wide
at the front
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and 75 feet of lakefront
in the back.
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- That's crazy.
- Hey, I got to say,
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from this perspective, the house
doesn't look quite as bad.
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There's a lot wrong
with this house
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and it would need to be
restructured from the ground up,
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but that's work
we know how to do.
175
00:06:33,436 --> 00:06:35,507
The question is,
is it worth it?
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This house is basically
land value.
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We're on a lake.
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The only reason this house
is even available to us
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and nobody else
has snapped it up yet
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is because of the
boundary dispute.
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So, we have to make sure
it's something
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00:06:47,242 --> 00:06:49,659
we believe we can overcome.
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00:06:49,762 --> 00:06:51,971
If we can legally take
title of the property,
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00:06:52,075 --> 00:06:54,008
we can deal with everything
else on the back end.
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00:06:54,111 --> 00:06:55,388
I'm sure we can reach
an agreement
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00:06:55,492 --> 00:06:57,460
with the neighbor,
even if it costs some money.
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I think we could list it
for $495,000
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maybe even more.
189
00:07:00,463 --> 00:07:02,188
So, if we buy it
at $230,000,
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00:07:02,292 --> 00:07:05,709
even if reno's 100 grand,
plus hard money cost,
191
00:07:05,813 --> 00:07:07,331
and if we also have
to spend some money
192
00:07:07,435 --> 00:07:09,126
to settle
the property dispute,
193
00:07:09,230 --> 00:07:11,715
I still think we're talking
a six-figure profit.
194
00:07:11,819 --> 00:07:12,889
- Wow.
- Yeah.
195
00:07:12,992 --> 00:07:14,580
- I like it. I want to go for it.
- Yeah.
196
00:07:14,684 --> 00:07:15,754
We'll definitely
take this one.
197
00:07:15,857 --> 00:07:17,410
- Yeah. Why not?
- Yeah, I agree.
198
00:07:17,514 --> 00:07:19,620
Let's get started
on some research.
199
00:07:19,723 --> 00:07:21,691
In real estate,
200
00:07:21,794 --> 00:07:23,796
there are some gambles
worth taking.
201
00:07:23,900 --> 00:07:25,488
It turns out
the property dispute is
202
00:07:25,591 --> 00:07:27,800
over some abstract language
in the deed
203
00:07:27,904 --> 00:07:31,045
that makes the property line
unclear to us.
204
00:07:31,148 --> 00:07:33,323
But I still feel like this
is too good of a deal
205
00:07:33,426 --> 00:07:35,014
for us to pass up.
206
00:07:35,118 --> 00:07:36,602
We told the sellers
that we would give them
207
00:07:36,706 --> 00:07:38,777
their asking price
of 230 grand
208
00:07:38,880 --> 00:07:40,330
and they gladly accepted.
209
00:07:40,433 --> 00:07:42,919
We'll get a surveyor out here
to clarify the property lines
210
00:07:43,022 --> 00:07:45,266
as soon as we can,
but in the meantime,
211
00:07:45,369 --> 00:07:48,441
we've decided to set our
renovation budget at $85,000,
212
00:07:48,545 --> 00:07:50,720
which should be enough
for the small property.
213
00:07:50,823 --> 00:07:53,861
We'll also try to work fast
and do this flip in one month,
214
00:07:53,964 --> 00:07:55,483
keeping our loan
interest payments
215
00:07:55,587 --> 00:07:57,589
down to around 2,500 bucks.
216
00:07:57,692 --> 00:08:01,662
Closing costs when we sell
should come in around $22,500,
217
00:08:01,765 --> 00:08:05,838
giving us an all-in cost
of around $340,000.
218
00:08:05,942 --> 00:08:09,704
But if we can hit our target
sale price of $495,000,
219
00:08:09,808 --> 00:08:13,950
that'll bring the team home
a nice profit of 155 grand.
220
00:08:14,053 --> 00:08:16,159
Assuming we don't have to spend
all that money
221
00:08:16,262 --> 00:08:18,195
settling this property dispute.
222
00:08:18,299 --> 00:08:19,749
Since this house
is already set up
223
00:08:19,852 --> 00:08:22,234
to have separate living quarters
on each floor,
224
00:08:22,337 --> 00:08:24,754
we've decided to stick
with that design.
225
00:08:24,857 --> 00:08:27,342
On the first floor,
we'll frame in a new bedroom,
226
00:08:27,446 --> 00:08:28,827
but one wall will be closets
227
00:08:28,930 --> 00:08:30,518
that don't quite reach
the ceiling,
228
00:08:30,622 --> 00:08:32,934
to keep a good air flow
throughout the lower level.
229
00:08:33,038 --> 00:08:34,971
We'll also build out
a peninsula in the kitchen,
230
00:08:35,074 --> 00:08:38,043
to provide more room
for appliances and counters.
231
00:08:38,146 --> 00:08:39,492
On the second floor,
232
00:08:39,596 --> 00:08:42,288
we'll do a wall of those
same closets in the bedroom
233
00:08:42,392 --> 00:08:44,567
and, instead of restoring
the bathroom there,
234
00:08:44,670 --> 00:08:46,430
we'll put it next
to the kitchenette.
235
00:08:46,534 --> 00:08:48,674
That'll give us
a wide open bedroom space.
236
00:08:48,778 --> 00:08:50,711
And we'll take advantage
of this room with a view
237
00:08:50,814 --> 00:08:53,092
by replacing the windows
with a pair of French doors
238
00:08:53,196 --> 00:08:55,336
and building
a proper balcony outside.
239
00:08:55,439 --> 00:08:56,924
Add some furnishings,
and you've got
240
00:08:57,027 --> 00:09:00,410
a gorgeous top-floor setup
for an owner-operated duplex.
241
00:09:37,067 --> 00:09:39,000
Ash and I are fast-tracking
all this debris
242
00:09:39,104 --> 00:09:40,070
down to the ground floor.
243
00:09:44,972 --> 00:09:46,836
Well, we got
the door open.
244
00:09:46,939 --> 00:09:47,802
What do you say
we go ahead and try
245
00:09:47,906 --> 00:09:49,217
to do this window frame?
246
00:09:49,321 --> 00:09:49,908
Okay.
247
00:09:55,258 --> 00:09:56,466
Uh-oh.
248
00:09:56,569 --> 00:09:57,709
What'd you got?
249
00:09:57,812 --> 00:09:59,849
I think I'm pulling
the siding off the house.
250
00:09:59,952 --> 00:10:01,505
Uh-oh.
251
00:10:01,609 --> 00:10:03,507
Check this out.
252
00:10:03,611 --> 00:10:04,647
What do you reckon we do,
253
00:10:04,750 --> 00:10:05,993
should we cut
this window out, then?
254
00:10:06,096 --> 00:10:06,752
Let's do it.
255
00:10:17,798 --> 00:10:18,902
Whoo!
256
00:10:19,006 --> 00:10:20,076
Dude,
that's a great start.
257
00:10:20,179 --> 00:10:21,664
We really opened
this place up.
258
00:10:21,767 --> 00:10:24,287
The demo crew can clean
everything else up.
259
00:10:24,390 --> 00:10:26,254
I think this upstairs retreat
is going to be
260
00:10:26,358 --> 00:10:28,878
the crown jewel of the home,
when we get finished with it.
261
00:10:28,981 --> 00:10:30,742
That's the view that's going
to sell this place.
262
00:10:30,845 --> 00:10:32,882
Yeah, without a doubt.
263
00:10:36,989 --> 00:10:37,818
Dude, check it out.
264
00:10:37,921 --> 00:10:39,578
Somebody added
to this fence.
265
00:10:39,682 --> 00:10:41,131
I think the neighbor's
putting it up.
266
00:10:41,235 --> 00:10:42,201
Hey, how's it going?
267
00:10:42,305 --> 00:10:43,478
Hey, new neighbor!
268
00:10:43,582 --> 00:10:44,410
I've been trying
to catch you outside
269
00:10:44,514 --> 00:10:45,791
for the last couple days.
270
00:10:45,895 --> 00:10:46,654
- Oh!
- I'm Justin.
271
00:10:46,758 --> 00:10:47,690
This is my partner Keith.
272
00:10:47,793 --> 00:10:49,105
We, uh,
we just bought this house.
273
00:10:49,208 --> 00:10:50,658
- Hi. Nice to meet you.
- We've been the ones
274
00:10:50,762 --> 00:10:52,349
making all this racket
the last couple days.
- Yeah.
275
00:10:52,453 --> 00:10:54,593
Right!
It-It's looking good.
276
00:10:54,697 --> 00:10:56,699
We've had our concerns
about the property lines
277
00:10:56,802 --> 00:10:59,011
on this house
since the first time we saw it,
278
00:10:59,115 --> 00:11:00,081
but I haven't had a chance
279
00:11:00,185 --> 00:11:01,807
to connect
with the neighbors yet.
280
00:11:01,911 --> 00:11:03,395
Now's our chance to make nice
281
00:11:03,498 --> 00:11:05,535
and, hopefully,
work out any issues.
282
00:11:05,638 --> 00:11:07,571
I like the fence
you put up yesterday.
283
00:11:07,675 --> 00:11:08,538
Thank you.
Looks pretty cool.
284
00:11:08,641 --> 00:11:09,539
Yeah, it does. I--
285
00:11:09,642 --> 00:11:10,678
We got a question, though.
286
00:11:10,782 --> 00:11:12,438
Um, so, when we bought
the property,
287
00:11:12,542 --> 00:11:15,269
we were told that there was
a boundary line dispute,
288
00:11:15,372 --> 00:11:17,616
but we haven't gotten
clarity on what that is.
289
00:11:17,720 --> 00:11:18,617
We're still waiting
on our survey.
290
00:11:18,721 --> 00:11:20,136
Correct.
And I do have a copy
291
00:11:20,239 --> 00:11:21,862
of the survey
that I've already done
292
00:11:21,965 --> 00:11:24,174
and, actually, I was being
pretty generous.
293
00:11:24,278 --> 00:11:27,660
I gave you 5 feet
of extra walkway
294
00:11:27,764 --> 00:11:29,179
so you can get out here.
295
00:11:29,283 --> 00:11:30,940
Wait, you're saying
the fence line is
296
00:11:31,043 --> 00:11:32,286
5 feet that way?
297
00:11:32,389 --> 00:11:33,287
Correct.
298
00:11:33,390 --> 00:11:34,460
Like--
299
00:11:34,564 --> 00:11:36,014
But, I mean,
300
00:11:36,117 --> 00:11:37,532
we wouldn't even be able
to open up the door
301
00:11:37,636 --> 00:11:39,258
on the side of the house.
- Exactly. You're welcome.
302
00:11:39,362 --> 00:11:41,502
And then it comes down this way
303
00:11:41,605 --> 00:11:45,126
and goes all the way
down here to there.
304
00:11:45,230 --> 00:11:47,473
So I was going to continue
this beautiful fence,
305
00:11:47,577 --> 00:11:49,890
so I would have more
of a view of the lake.
306
00:11:49,993 --> 00:11:51,754
- Yeah, no doubt.
- Wait. You mean like
307
00:11:51,857 --> 00:11:54,411
does it comes that way,
or does it go like that way?
308
00:11:54,515 --> 00:11:56,241
- Triangle.
- Oh, it goes out that way?
309
00:11:56,344 --> 00:11:57,380
Yes.
310
00:11:57,483 --> 00:11:59,554
Okay. So it's like
a reverse pie shape.
311
00:11:59,658 --> 00:12:01,004
- Correct.
- Okay.
- Well--
312
00:12:01,108 --> 00:12:02,488
- Hang on. Let me get--
- And I get a bigger piece
313
00:12:02,592 --> 00:12:05,284
of the pie.
- I s-- I see that.
314
00:12:05,388 --> 00:12:06,976
Well, so much
for being neighborly.
315
00:12:07,079 --> 00:12:08,218
Her new fence proposal
316
00:12:08,322 --> 00:12:10,013
is going to take
half our waterfront.
317
00:12:10,117 --> 00:12:12,464
The lake is the reason
to buy this place!
318
00:12:12,567 --> 00:12:13,914
I mean, chop it down to nothing,
319
00:12:14,017 --> 00:12:16,675
put in an obtrusive fence,
that blocks the view even more,
320
00:12:16,779 --> 00:12:18,332
this whole flip
could go belly-up.
321
00:12:18,435 --> 00:12:19,229
- Perfect.
- Whoo!
322
00:12:19,333 --> 00:12:20,783
It feels less
than perfect.
323
00:12:20,886 --> 00:12:21,576
Mm.
324
00:12:21,680 --> 00:12:22,232
Well.
325
00:12:26,685 --> 00:12:28,204
I gave you 5 feet.
326
00:12:28,307 --> 00:12:29,308
So it's like
a reverse pie shape.
327
00:12:29,412 --> 00:12:30,482
- Correct.
- Hang on.
328
00:12:30,585 --> 00:12:31,621
Let me get--
- And I get a bigger piece
329
00:12:31,724 --> 00:12:34,175
of the pie.
- I s-- I see that.
330
00:12:34,279 --> 00:12:35,211
Where the tube is
331
00:12:35,314 --> 00:12:36,868
is where the survey
was done, so,
332
00:12:36,971 --> 00:12:38,835
where you've laid this
is exactly
333
00:12:38,939 --> 00:12:41,010
where the property line
will go
334
00:12:41,113 --> 00:12:42,666
and where the fence
will continue.
335
00:12:42,770 --> 00:12:43,702
Are you thinking about doing
336
00:12:43,806 --> 00:12:45,324
a 6-foot fence,
down to the water,
337
00:12:45,428 --> 00:12:47,706
or a 4-foot?
- Yes, I like a little privacy.
338
00:12:47,810 --> 00:12:48,949
Yeah, I mean, I feel you.
339
00:12:49,052 --> 00:12:50,191
Sure does change the view, though,
340
00:12:50,295 --> 00:12:52,815
because the lake goes
mostly that way.
341
00:12:52,918 --> 00:12:54,402
This is definitely a problem.
342
00:12:54,506 --> 00:12:58,027
We can't sell a lakefront house
with a minimal lakefront view
343
00:12:58,130 --> 00:13:00,961
and this view of the fence
for top dollar.
344
00:13:01,064 --> 00:13:03,549
We got to see if we can put
a hold on the neighbor's plans.
345
00:13:03,653 --> 00:13:05,828
So I ordered a survey,
but, since it's
346
00:13:05,931 --> 00:13:09,210
a topographic survey,
it's just taking longer,
347
00:13:09,314 --> 00:13:10,971
you know,
it's just not a normal lot.
348
00:13:11,074 --> 00:13:13,145
If you could hold off
on finishing
349
00:13:13,249 --> 00:13:16,321
the last bit of the fence,
just give us like a week.
350
00:13:16,424 --> 00:13:18,323
Mm...
351
00:13:18,426 --> 00:13:19,772
I guess I can do that,
352
00:13:19,876 --> 00:13:21,774
but I know this is
where the line is
353
00:13:21,878 --> 00:13:24,916
and I was being generous,
donating 5 feet to you.
354
00:13:25,019 --> 00:13:26,779
Yeah, yeah. I'm not going
to argue with you there.
355
00:13:26,883 --> 00:13:29,334
Let's-- Let's just get
the surveyor out here.
356
00:13:29,437 --> 00:13:31,198
I just want it to work
for my view as well, so.
357
00:13:31,301 --> 00:13:32,682
I totally get it.
358
00:13:32,785 --> 00:13:36,065
Honestly, I'm not very
optimistic about this situation.
359
00:13:36,168 --> 00:13:38,343
Even if the surveyor decides
in our favor,
360
00:13:38,446 --> 00:13:40,069
I mean, this neighbor
could get upset with us
361
00:13:40,172 --> 00:13:43,037
and maybe start finding
other ways to cause us problems.
362
00:13:43,141 --> 00:13:44,383
Now I'm terrified.
363
00:13:44,487 --> 00:13:47,007
This could totally shred
our waterfront backyard.
364
00:13:57,258 --> 00:13:59,571
Well, to get to the bottom
of our property dispute,
365
00:13:59,674 --> 00:14:01,159
we got a flurry of work going on
366
00:14:01,262 --> 00:14:03,264
to keep this one-month flip
on schedule.
367
00:14:06,060 --> 00:14:09,753
First up, our plumbers replace
the old pipes with modern PVC,
368
00:14:09,857 --> 00:14:12,825
bringing this 1920s house
into the 2020s.
369
00:14:14,482 --> 00:14:17,002
They also connect the pipes
to a modern shower pan
370
00:14:17,106 --> 00:14:18,383
which came with the house,
371
00:14:18,486 --> 00:14:20,730
which is the perfect size
to be the cornerstone
372
00:14:20,833 --> 00:14:24,630
of the revamped
upstairs bathroom.
373
00:14:24,734 --> 00:14:27,047
We're also drywalling
any areas that are ready,
374
00:14:27,150 --> 00:14:28,841
sealing in the downstairs
kitchen area,
375
00:14:28,945 --> 00:14:30,395
and adding texture
to the surface.
376
00:14:35,365 --> 00:14:36,401
At the same time,
377
00:14:36,504 --> 00:14:37,540
our carpenters
are getting to work
378
00:14:37,643 --> 00:14:40,025
on some new door treatments,
379
00:14:40,129 --> 00:14:42,096
...tearing out the trim
of the downstairs entrance...
380
00:14:43,511 --> 00:14:44,961
...and preparing
to put the French doors
381
00:14:45,065 --> 00:14:45,962
in the upstairs bedroom
382
00:14:46,066 --> 00:14:47,412
by busting out
that old window...
383
00:14:49,897 --> 00:14:51,554
...and clearing a way
for the new balcony
384
00:14:51,657 --> 00:14:52,865
by shredding the old one.
385
00:14:54,212 --> 00:14:55,592
It's a lot of work at once,
386
00:14:55,696 --> 00:14:58,078
but we got to multitask
to flip this house fast.
387
00:15:09,365 --> 00:15:11,539
There's so much going on here simultaneously.
388
00:15:11,643 --> 00:15:12,644
Well, that's what happens
when you try
389
00:15:12,747 --> 00:15:15,026
to renovate a building
in a month.
390
00:15:15,129 --> 00:15:16,510
Until our survey gets here,
391
00:15:16,613 --> 00:15:18,961
we're going to keep cranking
on the inside of this house,
392
00:15:19,064 --> 00:15:21,066
but our framers have told us
there's a problem here
393
00:15:21,170 --> 00:15:23,758
we need to address before we get
too deep into this.
394
00:15:23,862 --> 00:15:25,174
They said something
about the f--
395
00:15:25,277 --> 00:15:26,382
the floor tilt.
396
00:15:26,485 --> 00:15:27,762
Hey, look here.
397
00:15:27,866 --> 00:15:30,765
To make the new floor level,
we only had to raise up
398
00:15:30,869 --> 00:15:32,802
the sister here
by about 1/2 inch.
399
00:15:32,905 --> 00:15:35,425
But then,
as we as we go down,
400
00:15:35,529 --> 00:15:37,255
like even over here,
I mean, my God,
401
00:15:37,358 --> 00:15:38,842
that's like 1.5 inches.
402
00:15:38,946 --> 00:15:40,844
That corner,
when we were here before,
403
00:15:40,948 --> 00:15:42,329
that's the part
that felt like
404
00:15:42,432 --> 00:15:43,675
it was going
to give you vertigo,
405
00:15:43,778 --> 00:15:45,332
like it was falling away.
- Yeah.
406
00:15:45,435 --> 00:15:46,057
Here like.
407
00:15:46,160 --> 00:15:47,058
Yeah, look.
408
00:15:48,059 --> 00:15:49,163
Yeah, bruh.
409
00:15:49,267 --> 00:15:52,442
The level just
makes it comical, dude.
410
00:15:52,546 --> 00:15:55,618
The end of it's got like
a solid 3.5 inch, yeah.
411
00:15:55,721 --> 00:15:57,447
Okay.
- I mean, so we got to, what,
412
00:15:57,551 --> 00:15:59,518
scab in new wood
all the way around?
413
00:15:59,622 --> 00:16:01,348
Well, we do,
but my concern is--
414
00:16:01,451 --> 00:16:02,832
and, actually,
their concern--
415
00:16:02,935 --> 00:16:05,145
is that the-- that the
actual outside wall,
416
00:16:05,248 --> 00:16:07,043
the support?
- Mm-hmm.
417
00:16:07,147 --> 00:16:09,390
Is failing.
This corner's sinking.
418
00:16:09,494 --> 00:16:11,772
It could potentially bring
the rest of the house
down with it.
419
00:16:11,875 --> 00:16:13,774
There are two big concerns
for this place.
420
00:16:13,877 --> 00:16:16,190
One is that the foundation
might be sinking,
421
00:16:16,294 --> 00:16:19,435
which, for a lakeside
property's, not that unusual.
422
00:16:19,538 --> 00:16:23,335
The second is that the vertical
support is somehow compromised.
423
00:16:23,439 --> 00:16:24,750
Either way,
it's the kind of problem
424
00:16:24,854 --> 00:16:26,890
that can absolutely torch
a renovation budget.
425
00:16:36,452 --> 00:16:39,213
We called in our contractors
to dig into the sinking floor
426
00:16:39,317 --> 00:16:40,835
and see what they could find.
427
00:16:40,939 --> 00:16:43,562
It turns out some leaky pipes
from that old bathroom
428
00:16:43,666 --> 00:16:45,875
caused a bunch of wood rot
in that corner.
429
00:16:46,910 --> 00:16:48,084
Fortunately, the damage was
430
00:16:48,188 --> 00:16:49,982
to the horizontal anchor beams,
431
00:16:50,086 --> 00:16:52,226
which had started
to buckle and collapse.
432
00:16:52,330 --> 00:16:54,539
This is great news
because it's much easier
433
00:16:54,642 --> 00:16:56,679
to replace horizontal beams
than it is
434
00:16:56,782 --> 00:17:00,407
to fix a faulty foundation
or to replace the vertical beams
435
00:17:00,510 --> 00:17:02,202
that the horizontal ones
rest on.
436
00:17:09,001 --> 00:17:10,624
After tearing out the bad wood,
437
00:17:10,727 --> 00:17:13,730
we removed the faulty pipes,
which are no longer needed here.
438
00:17:15,698 --> 00:17:18,632
Then we install fresh
anchor beams along the walls.
439
00:17:19,633 --> 00:17:20,737
Finally, we attach
440
00:17:20,841 --> 00:17:22,256
the rest of the new crossbeams
441
00:17:22,360 --> 00:17:25,225
across the floor,
making them level,
442
00:17:25,328 --> 00:17:26,847
and extending out the ones
443
00:17:26,950 --> 00:17:28,849
that will form the base
of our new balcony.
444
00:17:30,092 --> 00:17:31,576
The sticks cost us some time,
445
00:17:31,679 --> 00:17:32,784
but we got it done right.
446
00:17:42,587 --> 00:17:43,864
We're two weeks into this flip
447
00:17:43,967 --> 00:17:46,418
and the surveyor still hasn't
made it out here,
448
00:17:46,522 --> 00:17:48,248
but we can't afford to wait.
449
00:17:48,351 --> 00:17:50,698
We're cranking ahead with the
roofwork that we need done.
450
00:17:52,217 --> 00:17:55,082
Our roofers strip off
all the old ratty shingles,
451
00:17:55,186 --> 00:17:56,670
install a new underlayment.
452
00:17:58,775 --> 00:18:00,674
Then they put on
new asphalt shingles,
453
00:18:00,777 --> 00:18:03,504
which are algae-resistant,
and in a light gray color,
454
00:18:03,608 --> 00:18:06,128
so it reflects the sunlight
and keeps the interior cool.
455
00:18:19,279 --> 00:18:20,038
Hello.
456
00:18:20,142 --> 00:18:21,108
Hey.
- Lynn?
457
00:18:21,212 --> 00:18:22,213
- Oh, hi!
- Hey. Hey.
458
00:18:22,316 --> 00:18:23,421
- How are you?
- Good.
459
00:18:23,524 --> 00:18:24,422
We're meeting with our
460
00:18:24,525 --> 00:18:26,113
architect friend Lynn today.
461
00:18:26,217 --> 00:18:28,840
She's serving as a consultant
on this quirky property.
462
00:18:28,943 --> 00:18:31,394
I want to get her advice on the
work we're doing upstairs.
463
00:18:31,498 --> 00:18:34,156
We got a little bit
of a problem.
464
00:18:34,259 --> 00:18:35,674
- For real?!
- What is it?
465
00:18:35,778 --> 00:18:37,331
Somebody put a hole
in the shower pan.
466
00:18:37,435 --> 00:18:38,574
- Yeah, the roofers.
- Oh, my God.
467
00:18:38,677 --> 00:18:40,507
They had some debris
coming off.
468
00:18:40,610 --> 00:18:42,025
This is really bad
because that--
469
00:18:42,129 --> 00:18:43,579
that was there
when we bought the house.
470
00:18:43,682 --> 00:18:44,890
It's part of a kit.
471
00:18:44,994 --> 00:18:47,893
We're going to have to get
an identical shower pan.
472
00:18:47,997 --> 00:18:50,551
Well, I have an idea
that I think will work--
473
00:18:50,655 --> 00:18:52,553
just a little bit more
material overtop of it
474
00:18:52,657 --> 00:18:53,899
- Oh.
- and waterproofing it
475
00:18:54,003 --> 00:18:55,453
and building it like
you would do
476
00:18:55,556 --> 00:18:58,421
a regular shower pan.
Put your tile in and--
477
00:18:58,525 --> 00:19:00,078
It's-- It's a small area.
- But then the curb?
478
00:19:00,182 --> 00:19:01,217
- I don't think
this will cost very much.
- But then you make a curb,
479
00:19:01,321 --> 00:19:02,667
or what?
- No, no, the curb--
480
00:19:02,770 --> 00:19:03,840
the curb stays the same.
- She's saying just--
481
00:19:03,944 --> 00:19:04,979
The tile
will actually come
482
00:19:05,083 --> 00:19:06,774
up in here
and just up a little bit.
483
00:19:06,878 --> 00:19:08,569
It'll be like
a regular shower pan.
484
00:19:08,673 --> 00:19:09,536
You know what?
That's a great idea.
485
00:19:09,639 --> 00:19:10,916
It's going to look
way better.
486
00:19:11,020 --> 00:19:13,022
It'll have tile at the bottom.
It'll be super cute.
487
00:19:13,125 --> 00:19:15,404
This is exactly why
we like working with Lynn.
488
00:19:15,507 --> 00:19:17,371
She's great at coming up
with simple,
489
00:19:17,475 --> 00:19:20,926
even affordable, solutions
that work well and look great.
490
00:19:21,030 --> 00:19:23,205
Which is exactly
why I want her to weigh in
491
00:19:23,308 --> 00:19:25,172
on the flooring dilemma
we have up here.
492
00:19:25,276 --> 00:19:27,209
Hey, guys, let's talk
about the floors. I--
493
00:19:27,312 --> 00:19:29,797
- Mm-hmm.
- Because I love saving
hardwood floors,
494
00:19:29,901 --> 00:19:31,489
- I know.
- but we got two
different species
495
00:19:31,592 --> 00:19:33,905
and widths of wood because
there was a wall here,
496
00:19:34,008 --> 00:19:35,631
so there's a lot of patching
that has to be done.
497
00:19:35,734 --> 00:19:37,219
Yeah, I don't even know
how you'd patch that
498
00:19:37,322 --> 00:19:39,048
because they're different sizes.
- We could do a band,
499
00:19:39,151 --> 00:19:40,222
but this isn't
the only problem.
500
00:19:40,325 --> 00:19:42,603
Like over here,
there's no floor,
501
00:19:42,707 --> 00:19:45,054
- Yeah.
- so, we'd have to totally
502
00:19:45,157 --> 00:19:46,262
put a new floor down.
503
00:19:46,366 --> 00:19:47,746
I suggest just using
the same flooring.
504
00:19:47,850 --> 00:19:48,920
It's such a small space.
505
00:19:49,023 --> 00:19:50,508
Use the engineered
wood flooring.
506
00:19:50,611 --> 00:19:53,476
You'll get the same feel,
the same look as the wood.
507
00:19:53,580 --> 00:19:54,615
So you're talking
about using
508
00:19:54,719 --> 00:19:56,721
the existing floor now
as a subfloor
509
00:19:56,824 --> 00:19:57,894
- Yeah.
- because we don't have
a subfloor.
510
00:19:57,998 --> 00:19:59,896
Yeah. It's going to go
overtop of this
511
00:20:00,000 --> 00:20:01,312
- Right.
- and then that one will build
512
00:20:01,415 --> 00:20:02,761
the whole new subfloor.
513
00:20:02,865 --> 00:20:05,350
As much as I love--
love--
514
00:20:05,454 --> 00:20:08,974
restoring original hardwood,
Lynn makes a good point here.
515
00:20:09,078 --> 00:20:11,114
Engineered wood
would be uniform,
516
00:20:11,218 --> 00:20:14,325
it's affordable, and it's better
at withstanding moisture,
517
00:20:14,428 --> 00:20:16,016
which is important
for a house on a lake.
518
00:20:16,119 --> 00:20:17,224
Plus the time and the money
519
00:20:17,328 --> 00:20:18,743
that it takes
to refinish wood floors.
520
00:20:18,846 --> 00:20:21,228
- Yeah.
- Perfect! Let's order it.
521
00:20:21,332 --> 00:20:22,574
I'm ready.
- Yeah.
- There we go.
522
00:20:22,678 --> 00:20:24,680
Once again, Lynn nails it.
523
00:20:24,783 --> 00:20:27,199
Leave it to the architect
to construct a perfect solution.
524
00:20:29,443 --> 00:20:30,824
So far, this one-month flip
525
00:20:30,927 --> 00:20:33,275
isn't going
as quickly as we planned.
526
00:20:33,378 --> 00:20:35,967
We're about two-thirds
of the way through our timeline
527
00:20:36,070 --> 00:20:39,350
and, of the 85 grand that we
budgeted for this renovation,
528
00:20:39,453 --> 00:20:41,731
we've now spent
about $39,000 of it.
529
00:20:41,835 --> 00:20:43,215
That means we have more
than half
530
00:20:43,319 --> 00:20:45,321
of our expenses still coming up,
531
00:20:45,425 --> 00:20:48,704
but only about ten days
to hit our original timeline,
532
00:20:48,807 --> 00:20:52,017
thanks to those sloping floors
setting us back some time.
533
00:20:52,121 --> 00:20:54,434
Our hopes of finishing
this house in 30 days
534
00:20:54,537 --> 00:20:57,954
and avoiding another hard money
payment are not looking good.
535
00:20:58,058 --> 00:20:59,991
We also don't have
our survey done yet,
536
00:21:00,094 --> 00:21:02,890
which could cost us
even more time and money.
537
00:21:02,994 --> 00:21:04,616
Here's hoping that works out
in our favor.
538
00:21:16,214 --> 00:21:17,353
Survey time.
539
00:21:17,457 --> 00:21:18,009
Yeah.
540
00:21:18,112 --> 00:21:18,699
You worried?
541
00:21:18,803 --> 00:21:19,873
Yeah, I'm worried!
542
00:21:19,976 --> 00:21:21,530
Ashlee and I showed up
at Hourglass today
543
00:21:21,633 --> 00:21:22,565
to meet the surveyor.
544
00:21:22,669 --> 00:21:23,980
He's been going
over the property
545
00:21:24,084 --> 00:21:25,603
to confirm the boundary line.
546
00:21:25,706 --> 00:21:27,294
- Hey, there.
- Hello.
547
00:21:27,398 --> 00:21:29,365
- How are you?
- Good.
548
00:21:29,469 --> 00:21:31,056
What is that?
That's the...?
549
00:21:31,160 --> 00:21:34,301
- That's your property line.
- Oh, my God!
550
00:21:34,405 --> 00:21:36,268
That's even closer to the
house than we thought.
551
00:21:36,372 --> 00:21:38,305
Starts up there,
comes here.
552
00:21:38,409 --> 00:21:40,376
- Oh, my God.
- Then it comes down
553
00:21:40,480 --> 00:21:42,827
and then it does a jog
out towards the lake.
554
00:21:42,930 --> 00:21:45,208
"Then it does a jog
out towards lake."
555
00:21:45,312 --> 00:21:46,865
Comes even farther
over it.
556
00:21:46,969 --> 00:21:48,729
So that comes from here
and it comes over here
557
00:21:48,833 --> 00:21:52,733
and I found this old marker
from the old survey.
558
00:21:52,837 --> 00:21:54,735
Okay, so it comes down here
and then goes here
559
00:21:54,839 --> 00:21:55,771
and then goes where?
560
00:21:55,874 --> 00:21:57,635
It goes over here.
561
00:21:57,738 --> 00:21:58,877
Wow!
562
00:21:58,981 --> 00:22:00,638
That cuts off almost
the whole shoreline.
563
00:22:00,741 --> 00:22:02,467
This neighbor owns this part,
you're saying?
564
00:22:02,571 --> 00:22:03,986
That's what she told
Justin and I
565
00:22:04,089 --> 00:22:06,437
and we were like, "That
can't possibly be right."
566
00:22:06,540 --> 00:22:07,852
Yeah. Wow.
567
00:22:07,955 --> 00:22:09,405
Basically,
the surveyor confirmed
568
00:22:09,509 --> 00:22:11,131
what the neighbor had
already told us,
569
00:22:11,234 --> 00:22:14,203
that the property line runs
right beside our house
570
00:22:14,306 --> 00:22:16,895
and then swings
across the front of the lake.
571
00:22:16,999 --> 00:22:18,276
That's crazy.
572
00:22:18,380 --> 00:22:19,898
So there'll be no access
to the lake or anything?
573
00:22:20,002 --> 00:22:22,453
Over here, farther,
but not on this side.
574
00:22:22,556 --> 00:22:24,178
- Oh, there is access over there?
- Yeah.
575
00:22:24,282 --> 00:22:25,835
- Can you show us exactly where?
- Yeah.
576
00:22:25,939 --> 00:22:28,217
Okay, so right now,
I'm on the neighbor's land
577
00:22:28,320 --> 00:22:30,392
and then, if I was in there--
Keith, you're on the--
578
00:22:30,495 --> 00:22:31,565
on our land?
- Yeah.
579
00:22:31,669 --> 00:22:32,739
Yes.
Correct.
580
00:22:32,842 --> 00:22:35,224
You have a little bit
of access
581
00:22:35,327 --> 00:22:38,261
from where that last corner
was up until here.
582
00:22:38,365 --> 00:22:39,539
So you have a little bit
on this side,
583
00:22:39,642 --> 00:22:41,368
but then you do have
your drainage there,
584
00:22:41,472 --> 00:22:43,439
so I don't know how far
you'd be able to go.
585
00:22:43,543 --> 00:22:44,854
That's going to leave us
with like
586
00:22:44,958 --> 00:22:46,718
15, 20 feet of shoreline.
587
00:22:46,822 --> 00:22:48,893
Oh, my goodness.
This is crazy.
588
00:22:48,996 --> 00:22:50,481
I was worried
that this property dispute
589
00:22:50,584 --> 00:22:52,621
may cause us some trouble,
590
00:22:52,724 --> 00:22:56,038
but I never imagined it could
rob us of 90% of our shoreline.
591
00:22:56,141 --> 00:22:57,488
What's good
about being on a lake,
592
00:22:57,591 --> 00:22:58,696
if you can't see the lake?
593
00:22:58,799 --> 00:23:01,043
This property's
pretty much worthless.
594
00:23:01,146 --> 00:23:03,321
Our neighbor's holding
all the cards here.
595
00:23:03,425 --> 00:23:04,633
We got to talk to her
and see if there's
596
00:23:04,736 --> 00:23:05,944
something we can negotiate.
597
00:23:06,048 --> 00:23:07,429
Otherwise, we got a house
we can't sell.
598
00:23:15,160 --> 00:23:16,265
Hello!
Hi!
599
00:23:16,368 --> 00:23:17,369
Hey! Hi.
600
00:23:17,473 --> 00:23:18,647
- Excuse me.
- Come in.
601
00:23:19,820 --> 00:23:20,856
We're the new neighbors
602
00:23:20,959 --> 00:23:22,616
and we talked about the--
603
00:23:22,720 --> 00:23:24,169
the fence before.
- Sure.
604
00:23:24,273 --> 00:23:25,170
- Okay.
- Yes.
605
00:23:25,274 --> 00:23:28,070
It-- It turns out
you're right,
606
00:23:28,173 --> 00:23:29,174
that-- Yeah.
607
00:23:29,278 --> 00:23:30,797
- I told you!
- Yes, you did.
608
00:23:30,900 --> 00:23:31,901
Yes, you did.
- Oh.
609
00:23:32,005 --> 00:23:34,352
Could we potentially
work something out
610
00:23:34,456 --> 00:23:36,527
where we could
purchase the--
611
00:23:36,630 --> 00:23:39,081
The tiny little strip
in front of our property?
612
00:23:39,184 --> 00:23:40,220
- Yeah.
- Just that little,
613
00:23:40,323 --> 00:23:41,980
tiny strip.
- That tiny strip?
614
00:23:42,084 --> 00:23:43,154
- Yeah.
- Hm...
615
00:23:43,257 --> 00:23:44,224
Could-- Could we show you?
616
00:23:44,327 --> 00:23:45,190
I'll grab my jacket
617
00:24:16,498 --> 00:24:17,568
- Right.
- ...basically
618
00:24:17,671 --> 00:24:19,293
prevents lake access.
619
00:24:19,397 --> 00:24:22,262
Would you be open to--
to selling this, plus the side?
620
00:24:22,365 --> 00:24:24,644
I mean, it's--
621
00:24:24,747 --> 00:24:27,198
The reason I-I-I
obviously bought this was
622
00:24:27,301 --> 00:24:29,441
for all the lakefront
and for me to have access.
623
00:24:29,545 --> 00:24:31,513
I don't know if I'm ready
to give it up.
624
00:24:31,616 --> 00:24:34,585
I have a sprinkler system
going in, new grass.
625
00:24:34,688 --> 00:24:36,725
I was going to do
a paved way down here.
626
00:24:36,828 --> 00:24:38,209
I mean, I'm not sure.
627
00:24:38,312 --> 00:24:39,797
Maybe...
628
00:24:39,900 --> 00:24:41,799
we could give you
10 grand?
629
00:24:43,352 --> 00:24:44,215
Yeah, no.
630
00:24:44,318 --> 00:24:45,319
No.
631
00:24:45,423 --> 00:24:46,631
What--
- Is there a number
632
00:24:46,735 --> 00:24:47,563
that would work?
- Yeah.
633
00:24:47,667 --> 00:24:48,495
What kind of number?
- Hm.
634
00:24:50,393 --> 00:24:52,119
Your second-born child
and $30,000.
635
00:24:52,223 --> 00:24:52,913
No.
636
00:24:55,295 --> 00:24:56,676
What if we pay for your sod,
637
00:24:56,779 --> 00:24:59,920
we'll pay for your
sprinkler system,
638
00:25:00,024 --> 00:25:02,095
we'll put up a cool fence
between us,
639
00:25:02,198 --> 00:25:04,684
and we'll give you
20 grand.
640
00:25:04,787 --> 00:25:06,237
Hm.
641
00:25:06,340 --> 00:25:07,756
$25,000
and you have a deal.
642
00:25:10,517 --> 00:25:12,450
If we don't do something,
we won't be able
643
00:25:12,554 --> 00:25:13,693
to sell this house, yeah.
- Sell the house.
644
00:25:13,796 --> 00:25:16,178
Okay. Alright. Alright.
You got a deal.
645
00:25:16,281 --> 00:25:17,455
- Deal!
- Okay.
- Alright.
646
00:25:17,559 --> 00:25:18,387
- Okay.
- Excellent.
647
00:25:18,490 --> 00:25:20,423
So we agreed to pay 25 grand,
648
00:25:20,527 --> 00:25:23,323
plus some landscaping
and irrigation, what have you.
649
00:25:23,426 --> 00:25:27,051
Not super happy with that, but,
spending this 25 grand means
650
00:25:27,154 --> 00:25:29,053
we can keep
our target sale price
651
00:25:29,156 --> 00:25:30,986
and, while it does cut
into our profit,
652
00:25:31,089 --> 00:25:33,195
it was room we had to spare.
653
00:25:33,298 --> 00:25:35,473
We'll get this boundary
clarification put into title,
654
00:25:35,577 --> 00:25:37,475
so that both sides can sign off,
655
00:25:37,579 --> 00:25:39,442
and we'll get to keep
this wide open waterfront
656
00:25:39,546 --> 00:25:41,134
for whoever buys the house.
657
00:25:41,237 --> 00:25:42,894
Yeah, that's a lot of money,
but, I mean,
658
00:25:42,998 --> 00:25:44,586
what else are we going to do?
- We didn't have any choice.
659
00:25:44,689 --> 00:25:45,725
We had no negotiating power
- Yeah, I mean,
660
00:25:45,828 --> 00:25:46,691
now, it's lakefront.
661
00:25:58,151 --> 00:25:59,566
With that survey
out of the way,
662
00:25:59,670 --> 00:26:01,016
now, we can focus our efforts
663
00:26:01,119 --> 00:26:03,674
on making this house
look amazing.
664
00:26:03,777 --> 00:26:05,814
We've got one crew
rebuilding the soffit,
665
00:26:05,917 --> 00:26:08,782
which is the area
beneath the eaves.
666
00:26:08,886 --> 00:26:11,958
They're covering the boards
with dark, vented slats,
667
00:26:12,061 --> 00:26:14,063
creating a sharp,
stylish outline
668
00:26:14,167 --> 00:26:16,307
that allows air to circulate
through the attic,
669
00:26:16,410 --> 00:26:17,653
preventing mold growth.
670
00:26:22,658 --> 00:26:24,522
Meanwhile, other workers
are fixing up
671
00:26:24,626 --> 00:26:28,457
the cracked and compromised
vinyl siding on the facade.
672
00:26:28,560 --> 00:26:30,701
They fill in all the holes
with fresh pieces,
673
00:26:30,804 --> 00:26:33,669
ensuring the exterior
is fully weather-resistant,
674
00:26:33,773 --> 00:26:34,808
but still eye-catching.
675
00:26:37,569 --> 00:26:39,986
And, finally,
a plywood floor is laid down
676
00:26:40,089 --> 00:26:42,816
on the balcony beams,
followed by a new railing.
677
00:26:44,369 --> 00:26:45,854
When it's done,
it'll be a balcony
678
00:26:45,957 --> 00:26:48,684
that's actually accessible
as well as beautiful.
679
00:26:57,210 --> 00:26:59,661
With this month flying by,
we got to start tackling
680
00:26:59,764 --> 00:27:01,835
the biggest projects still left
in this place.
681
00:27:03,457 --> 00:27:05,011
Cabinets are always
an important feature
682
00:27:05,114 --> 00:27:07,323
that we usually install later
in the game.
683
00:27:07,427 --> 00:27:09,360
But since our custom
order's ready now,
684
00:27:09,463 --> 00:27:10,533
our crew's already
putting them in.
685
00:27:12,708 --> 00:27:16,332
They're Shaker cabinets
in a color called Arcadia White.
686
00:27:16,436 --> 00:27:17,713
They look fantastic.
687
00:27:23,961 --> 00:27:26,653
And, to illuminate this kitchen,
we're installing pendant lights,
688
00:27:26,757 --> 00:27:29,138
including a grid
of energy-efficient LEDs
689
00:27:29,242 --> 00:27:30,761
that'll keep this room
looking sharp.
690
00:27:36,836 --> 00:27:38,596
And that's just some
of what's going on here
691
00:27:38,700 --> 00:27:40,253
in this whirlwind of renovation.
692
00:27:42,738 --> 00:27:44,982
Crews are working on everything,
from windows...
693
00:27:46,742 --> 00:27:48,848
...to doors,
694
00:27:48,951 --> 00:27:51,678
to decorative soffits
to cover some of the ductwork,
695
00:27:51,782 --> 00:27:54,508
trying to get back on pace
with this mega fast makeover.
696
00:27:57,753 --> 00:27:59,341
We have just a few days left
697
00:27:59,444 --> 00:28:02,240
in our original
one-month timeline
698
00:28:02,344 --> 00:28:05,830
and, with the work we have left,
we're going to run long.
699
00:28:05,934 --> 00:28:09,247
We started out with a renovation
budget of $85,000
700
00:28:09,351 --> 00:28:11,663
and, now, we've spent
over $73,000.
701
00:28:11,767 --> 00:28:13,700
It'll be tight
getting everything done
702
00:28:13,804 --> 00:28:15,529
with the money we have left,
703
00:28:15,633 --> 00:28:18,187
but we got to give it a try
because we will be spending
704
00:28:18,291 --> 00:28:20,672
more money on interest payments
than we wanted
705
00:28:20,776 --> 00:28:22,329
and our agreement
with the neighbor
706
00:28:22,433 --> 00:28:24,435
is going to cost us more
than 30 grand.
707
00:28:24,538 --> 00:28:26,333
The question is how much?
708
00:28:33,996 --> 00:28:35,895
I'm excited to see
all the progress.
709
00:28:35,998 --> 00:28:37,586
Yeah, there's quite a bit, actually.
710
00:28:37,689 --> 00:28:39,277
- Oh, my goodness!
- Yeah, look at this.
711
00:28:39,381 --> 00:28:40,900
- This is looking good.
- They already textured
the walls here.
712
00:28:41,003 --> 00:28:42,142
It finally feels like we're
713
00:28:42,246 --> 00:28:44,075
making some good progress
on this flip.
714
00:28:44,179 --> 00:28:45,352
This just needs
to be painted
715
00:28:45,456 --> 00:28:47,044
and get the glass
enclosure going
716
00:28:47,147 --> 00:28:48,390
and we're off to the races.
717
00:28:48,493 --> 00:28:50,426
Yeah.
And just a bit of grout.
718
00:28:50,530 --> 00:28:52,497
It's been a challenge
to manage everything,
719
00:28:52,601 --> 00:28:54,120
but I think we're handling it
pretty well.
720
00:28:54,223 --> 00:28:58,227
Uh... why are
the appliances here?
721
00:28:58,331 --> 00:29:00,022
There's backsplash here,
but there's no
backsplash here.
722
00:29:00,126 --> 00:29:01,610
There's no countertop,
and the appliances are in
723
00:29:01,713 --> 00:29:03,025
and they're covered
in dirt already?
724
00:29:03,129 --> 00:29:04,371
Who put this here?
725
00:29:04,475 --> 00:29:06,926
Problem with working
this fast on a flip
726
00:29:07,029 --> 00:29:09,652
is that things don't always get
done in the right order.
727
00:29:09,756 --> 00:29:11,309
We got a smoking deal
on the appliances,
728
00:29:11,413 --> 00:29:12,690
but we had to get them
out of the warehouse.
729
00:29:12,794 --> 00:29:13,587
They didn't have any room.
- But you couldn't keep them
730
00:29:13,691 --> 00:29:14,657
in storage somewhere?
731
00:29:14,761 --> 00:29:15,797
No, I didn't have anyplace.
732
00:29:15,900 --> 00:29:17,177
And it's going out of order
733
00:29:17,281 --> 00:29:18,800
because we're getting
people out of order.
734
00:29:18,903 --> 00:29:20,594
Installing appliances
this early,
735
00:29:20,698 --> 00:29:22,734
when there's just so much
more work to do in the kitchen,
736
00:29:22,838 --> 00:29:24,702
it's just asking for them
to get banged up.
737
00:29:24,806 --> 00:29:26,704
What's going to happen
if we move these out,
738
00:29:26,808 --> 00:29:28,395
they get all damaged
and scratched,
739
00:29:28,499 --> 00:29:29,811
and then we've
to replace them, anyway?
740
00:29:29,914 --> 00:29:31,088
They can put boards
over the top,
741
00:29:31,191 --> 00:29:33,090
so the glass doesn't get
broken or scratched,
742
00:29:33,193 --> 00:29:34,816
and we can kind of put
a board in front of this,
743
00:29:34,919 --> 00:29:36,334
so it doesn't get dented.
744
00:29:36,438 --> 00:29:38,440
I don't think that'll be
effective. And look!
745
00:29:38,543 --> 00:29:41,477
This sink is already bent
on the edge.
746
00:29:41,581 --> 00:29:43,169
These need to be
removed ASAP,
747
00:29:43,272 --> 00:29:45,102
or they're all going to end up
dented like this.
748
00:29:45,205 --> 00:29:47,035
Ashlee's right to be concerned,
749
00:29:47,138 --> 00:29:49,831
but we don't have a garage here
to put these appliances in.
750
00:29:49,934 --> 00:29:51,833
If we can't keep them safe
where they belong,
751
00:29:51,936 --> 00:29:53,248
I don't see how we're going
to keep them safe
752
00:29:53,351 --> 00:29:54,525
somewhere else in the house.
753
00:29:54,628 --> 00:29:56,113
But I guess we'll try.
754
00:29:56,216 --> 00:29:58,115
Well look, I'll call the guys
and see what we can do.
755
00:29:58,218 --> 00:30:00,013
Hopefully, no more damage
will be done.
756
00:30:10,368 --> 00:30:12,301
We've now hit the one-month
mark on this flip
757
00:30:12,405 --> 00:30:14,786
and we are doubling down
and tripling up
758
00:30:14,890 --> 00:30:17,203
on our contractors
to get this place finished.
759
00:30:20,447 --> 00:30:22,449
We've got teams
putting in floors...
760
00:30:25,073 --> 00:30:28,559
...installing fixtures and tile
in the bathrooms,
761
00:30:28,662 --> 00:30:31,424
and doing some
much needed landscaping,
762
00:30:31,527 --> 00:30:33,150
from adding new sod
763
00:30:33,253 --> 00:30:34,530
to putting in pavers.
764
00:30:36,153 --> 00:30:38,017
Whichever contractors
are available,
765
00:30:38,120 --> 00:30:39,363
we're putting them to work...
766
00:30:41,503 --> 00:30:44,264
...so we can close this place
out as soon as possible.
767
00:30:52,755 --> 00:30:54,412
I've bought lots of stained
glass from here
768
00:31:27,169 --> 00:31:29,723
but I think she'd like to have
input on design ideas as well.
769
00:31:29,827 --> 00:31:30,932
I'm curious about her taste
770
00:31:31,035 --> 00:31:32,726
because,
as busy as we are, these days,
771
00:31:32,830 --> 00:31:34,625
having more help would be great.
772
00:31:34,728 --> 00:31:36,040
This is it?
- This is it.
773
00:31:36,144 --> 00:31:37,904
That's all I have.
This is it?!
Oh, wow.
774
00:31:39,941 --> 00:31:41,356
I thought you had
so much more.
775
00:31:41,459 --> 00:31:42,598
I did.
I used to.
776
00:31:42,702 --> 00:31:43,668
- Yeah.
- We sold it all,
777
00:31:43,772 --> 00:31:45,567
down to these few pieces.
778
00:31:45,670 --> 00:31:48,225
- Wow!
- This one is broken here.
779
00:31:48,328 --> 00:31:49,709
- Yeah. These are too big.
- That one's broken
780
00:31:49,812 --> 00:31:51,090
and this one has a crack.
781
00:31:51,193 --> 00:31:52,919
Okay, this would fit.
- Ah.
782
00:31:53,023 --> 00:31:54,852
It's got a heart
and a woman and a man.
783
00:31:54,956 --> 00:31:56,923
Yeah, I don't think
that fits the vibe.
784
00:31:57,027 --> 00:31:58,235
- That's not the vibe? Yeah.
- Yeah.
785
00:31:58,338 --> 00:31:59,788
These ones are too big.
786
00:31:59,891 --> 00:32:01,686
This one looks like
it's falling apart.
787
00:32:01,790 --> 00:32:04,068
- Look at that one.
- I mean, but it's see-through.
788
00:32:04,172 --> 00:32:06,622
Yeah, I know, but I'll--
I'll frost it
789
00:32:06,726 --> 00:32:08,624
and make it so you can still
see the light and--
790
00:32:08,728 --> 00:32:09,971
Oh, you're going to paint
on it yourself?
791
00:32:10,074 --> 00:32:11,455
Yeah, yeah.
Not really paint.
792
00:32:11,558 --> 00:32:13,388
There's a frosting technique
that you can do.
793
00:32:13,491 --> 00:32:15,907
And then, I'm going to build
a frame around it, too.
794
00:32:16,011 --> 00:32:17,979
It's got the green in it
that's in the countertops.
795
00:32:18,082 --> 00:32:19,808
It's got the blue
that matches the wallpaper.
796
00:32:19,911 --> 00:32:21,085
- Mm-hmm.
- I mean, I love it.
797
00:32:21,189 --> 00:32:23,294
I mean, it looks tiny.
It's not a bit small?
798
00:32:23,398 --> 00:32:24,606
- No, it'll fit.
- Okay.
799
00:32:24,709 --> 00:32:25,814
Yeah, smaller's better.
800
00:32:25,917 --> 00:32:28,127
- Bigger's harder to work with.
- Okay.
801
00:32:28,230 --> 00:32:29,611
- Yeah.
- So, yeah, we'll take that.
802
00:32:29,714 --> 00:32:31,337
We'll take it down
and write it up.
803
00:32:31,440 --> 00:32:33,270
I think Lynn showed
a really great eye today.
804
00:32:33,373 --> 00:32:35,444
She picked a window, not just
for its color and style,
805
00:32:35,548 --> 00:32:36,998
but how easy it is to work with.
806
00:32:37,101 --> 00:32:38,137
Maybe she can start to take on
807
00:32:38,240 --> 00:32:39,690
more work like this
in the future.
808
00:32:39,793 --> 00:32:40,829
I think it's going
to be perfect.
809
00:32:51,667 --> 00:32:53,842
Today, we're putting in
some important design features
810
00:32:53,945 --> 00:32:55,464
that'll really
make this house shine.
811
00:32:58,640 --> 00:32:59,986
We start with our countertops,
812
00:33:00,090 --> 00:33:02,057
a material called
Marino quartzite
813
00:33:02,161 --> 00:33:04,059
that features
gorgeous ribbons of gray.
814
00:33:07,131 --> 00:33:08,788
We install them
in the downstairs kitchen...
815
00:33:10,790 --> 00:33:11,929
...the upstairs kitchen...
816
00:33:13,448 --> 00:33:16,175
...and we even use a slab
as a partial backsplash.
817
00:33:22,250 --> 00:33:23,699
Meanwhile, we've come up
with a plan
818
00:33:23,803 --> 00:33:25,391
for a cool feature wall
in the bedroom.
819
00:33:27,703 --> 00:33:30,189
We start by painting
the background black.
820
00:33:30,292 --> 00:33:32,467
Then we install a set
of wooden curtains
821
00:33:32,570 --> 00:33:33,916
made from strips of pine.
822
00:33:37,713 --> 00:33:40,026
Finally, we add a patch
of wallpaper to the center
823
00:33:40,130 --> 00:33:42,925
that'll feature a zebra pattern
of charcoal gray sparkle.
824
00:33:46,136 --> 00:33:50,174
This is an accent that'll
truly be one-of-a-kind.
825
00:33:54,144 --> 00:33:56,111
We also have the team
from Dock Life here
826
00:33:56,215 --> 00:33:59,321
to install one of their
signature floating docks.
827
00:33:59,425 --> 00:34:02,462
It's incredibly strong
and also looks amazing,
828
00:34:02,566 --> 00:34:04,154
making it
the perfect centerpiece
829
00:34:04,257 --> 00:34:05,500
for this awesome waterfront.
830
00:34:11,092 --> 00:34:12,679
Today is the day
we've been looking forward to
831
00:34:12,783 --> 00:34:13,680
for more than a month--
832
00:34:13,784 --> 00:34:15,234
Staging Day.
833
00:34:18,306 --> 00:34:19,790
Our friends
from The Staging Company
834
00:34:19,893 --> 00:34:21,861
give each floor
its own unique character...
835
00:34:24,208 --> 00:34:25,727
...maximizing the small spaces
836
00:34:25,830 --> 00:34:27,591
with the right blend
of furniture and accents
837
00:34:27,694 --> 00:34:30,249
to make it feel homey,
with just a touch of luxury.
838
00:34:33,700 --> 00:34:36,600
We got everything done on this
house that we wanted to do,
839
00:34:36,703 --> 00:34:39,223
but it meant going
over our one-month timeline
840
00:34:39,327 --> 00:34:41,260
and over our budget.
841
00:34:41,363 --> 00:34:44,711
We set our renovation budget
at $85,000
842
00:34:44,815 --> 00:34:47,300
and ended up going over it
by a few grand,
843
00:34:47,404 --> 00:34:49,854
hitting around $88,500.
844
00:34:49,958 --> 00:34:51,787
And that overage
doesn't even include
845
00:34:51,891 --> 00:34:53,341
the money we'll be paying
the neighbor
846
00:34:53,444 --> 00:34:54,928
for the property line settlement.
847
00:34:55,032 --> 00:34:56,896
But, hopefully,
the extra time and money
848
00:34:56,999 --> 00:34:59,381
we put into this gorgeous
lakefront property
849
00:34:59,485 --> 00:35:00,796
will all be worth it
850
00:35:00,900 --> 00:35:02,764
when we start showing it
to potential buyers.
851
00:35:12,498 --> 00:35:13,947
Hey.
852
00:35:14,051 --> 00:35:15,604
Look at this place.
853
00:35:15,708 --> 00:35:17,951
Got through this flip
so fast-- just over a month?
854
00:35:18,055 --> 00:35:19,712
I cannot believe it's finished.
855
00:35:19,815 --> 00:35:22,404
It doesn't even look
like the same place.
856
00:35:22,508 --> 00:35:24,061
It looks so fresh!
I mean, it's crazy.
857
00:35:24,165 --> 00:35:25,166
There was so much junk everywhere
858
00:35:25,269 --> 00:35:26,512
when we first rolled up.
- Yeah.
859
00:35:26,615 --> 00:35:28,410
This whole driveway
was a dumping ground.
860
00:35:28,514 --> 00:35:30,136
Yeah, no doubt.
861
00:35:30,240 --> 00:35:31,137
You remember the roof?
862
00:35:31,241 --> 00:35:32,449
It was so wavy,
it looked like
863
00:35:32,552 --> 00:35:33,484
it might cave in.
- Oh, yeah.
864
00:35:33,588 --> 00:35:35,210
It was saggy.
- And the siding
865
00:35:35,314 --> 00:35:38,144
was yellow and it was like
really insubstantial.
866
00:35:38,248 --> 00:35:40,042
Like you could just push
on it, it would bow out.
867
00:35:40,146 --> 00:35:41,182
Absolutely.
868
00:35:41,285 --> 00:35:44,254
It was a complete,
absolute disaster.
869
00:35:44,357 --> 00:35:45,600
But look at it now.
870
00:35:50,156 --> 00:35:52,089
It doesn't even look
like the same place.
871
00:35:52,193 --> 00:35:53,884
Remember when we first
rolled up, we couldn't
even see the house.
872
00:35:53,987 --> 00:35:55,748
Luckily, it was hidden
because it was
so ugly, right?
873
00:35:55,851 --> 00:35:59,269
Yeah. It was
a complete disaster.
874
00:35:59,372 --> 00:36:00,235
But look at it now.
875
00:36:00,339 --> 00:36:01,650
Wow!
876
00:36:01,754 --> 00:36:03,031
It looks incredible.
877
00:36:03,134 --> 00:36:04,446
Not too shabby.
- And look at the paint.
878
00:36:04,550 --> 00:36:06,068
It looks like it's still
wet, doesn't it?
879
00:36:06,172 --> 00:36:07,173
It matches
the neighbor's.
880
00:36:07,277 --> 00:36:08,554
You know,
now that we're friends.
881
00:36:08,657 --> 00:36:10,590
And the windows
look so good now.
882
00:36:10,694 --> 00:36:11,695
They really
changed it all.
883
00:36:11,798 --> 00:36:13,214
- Like a whole new house.
- For sure.
884
00:36:13,317 --> 00:36:15,008
I think sometimes,
with a flag-shaped lot,
885
00:36:15,112 --> 00:36:16,976
it just gets like buried
in the back somewhere.
886
00:36:17,079 --> 00:36:18,805
- Yeah.
- But with this being on a lake,
887
00:36:18,909 --> 00:36:20,531
it's kind of a hidden gem.
- Yeah.
888
00:36:20,635 --> 00:36:23,569
This is a huge improvement
over what it used to be.
889
00:36:23,672 --> 00:36:24,742
Really,
really cool outcome.
890
00:36:24,846 --> 00:36:25,847
You guys want
to see the inside?
891
00:36:25,950 --> 00:36:26,917
- Absolutely.
- Yeah. Let's go.
892
00:36:28,953 --> 00:36:30,127
When we first walked
in here,
893
00:36:30,231 --> 00:36:31,439
it was a messed-up space,
894
00:36:31,542 --> 00:36:33,889
stuck halfway
between demo and reno.
895
00:36:33,993 --> 00:36:35,097
Remember? I don't think
I could even
896
00:36:35,201 --> 00:36:37,307
stand here before.
It was so full of junk.
897
00:36:37,410 --> 00:36:38,515
But now...
898
00:36:38,618 --> 00:36:40,965
Alright!
Look at this.
899
00:36:41,069 --> 00:36:42,346
Oh!
900
00:36:42,450 --> 00:36:44,797
- Whoa!
- This place looks so different.
901
00:36:44,900 --> 00:36:46,971
Oh, my God.
Look at the space.
902
00:36:47,075 --> 00:36:48,456
It's a cozy place
to entertain,
903
00:36:48,559 --> 00:36:50,492
while also being
really stylish.
904
00:36:50,596 --> 00:36:52,253
The wallpaper
is really awesome.
905
00:36:52,356 --> 00:36:54,841
Yeah, it's subtle,
but sparkly. I love it.
906
00:36:54,945 --> 00:36:56,498
And this decorative
wooden accent,
907
00:36:56,602 --> 00:36:57,810
it's actually functional.
908
00:36:57,913 --> 00:37:00,019
It hides the dryer vent
ducting that runs outside.
909
00:37:00,122 --> 00:37:01,469
Such a clever design.
910
00:37:01,572 --> 00:37:04,817
All you need is some cute
little origami birds. Boom.
911
00:37:49,379 --> 00:37:51,553
I think it's very modern.
It feels very spacious.
912
00:37:51,657 --> 00:37:53,555
Yeah. I haven't been
in a space this small
913
00:37:53,659 --> 00:37:55,005
that's felt this big
in a long time.
914
00:37:55,108 --> 00:37:56,800
What about the bathroom?
915
00:37:56,903 --> 00:37:58,698
Yeah,
let's check that out.
916
00:37:58,802 --> 00:38:00,528
The first time we saw this,
it was just
917
00:38:00,631 --> 00:38:03,462
a dirty shower pan
and exposed pipes.
918
00:38:03,565 --> 00:38:05,878
But now, it's
a great-looking bathroom.
919
00:38:05,981 --> 00:38:07,293
I would not have
ever thought
920
00:38:07,397 --> 00:38:09,260
you'd fit
a full-size bathroom
921
00:38:09,364 --> 00:38:10,607
in that little room.
922
00:38:10,710 --> 00:38:12,471
I love the fan/light.
923
00:38:12,574 --> 00:38:13,886
Yeah, it's pretty cool.
924
00:38:13,989 --> 00:38:15,715
- Yeah, very modern.
- Well, guys, let's go check out
925
00:38:15,819 --> 00:38:17,199
the upstairs
because that's--
926
00:38:17,303 --> 00:38:18,649
that's the part that came
together last.
927
00:38:18,753 --> 00:38:19,581
I really want to see that.
928
00:38:21,894 --> 00:38:24,034
Do you remember that old window
in the staircase?
929
00:38:24,137 --> 00:38:26,277
You could look right
into the neighbor's backyard.
930
00:38:26,381 --> 00:38:28,038
Now, at least,
it's letting it light.
931
00:38:28,141 --> 00:38:29,384
It looks so beautiful.
932
00:38:29,488 --> 00:38:30,937
Yeah, it's nice privacy.
933
00:38:31,041 --> 00:38:33,319
And this corner space
wasn't a bathroom before.
934
00:38:33,423 --> 00:38:35,010
It was nothing.
935
00:38:35,114 --> 00:38:37,496
And now,
it's totally transformed.
936
00:38:37,599 --> 00:38:40,361
Hey, remember the shower pan
was broken here?
937
00:38:40,464 --> 00:38:41,603
Yeah.
- We fixed it
938
00:38:41,707 --> 00:38:43,087
and then cut these wood tiles
939
00:38:43,191 --> 00:38:44,986
to go in here
on the top of it.
940
00:38:45,089 --> 00:38:46,677
It's a perfect solution.
- I love that.
941
00:38:46,781 --> 00:38:48,852
And I love the tile that we
got from the old tile.
942
00:38:48,955 --> 00:38:50,301
It looks great.
943
00:38:50,405 --> 00:38:52,925
Anyone remember that puny
kitchen space up here?
944
00:38:53,028 --> 00:38:54,236
It was so small and, yet,
945
00:38:54,340 --> 00:38:56,377
look what we've
turned it into.
946
00:38:56,480 --> 00:38:59,414
It's not just functional.
It also looks fantastic.
947
00:38:59,518 --> 00:39:00,691
We maximized our space
948
00:39:00,795 --> 00:39:02,348
and we used
really good finishes.
949
00:39:02,452 --> 00:39:04,419
It's a very eclectic house.
I mean, look at the wallpaper.
950
00:39:04,523 --> 00:39:05,903
I know.
That was Lynn's idea.
951
00:39:06,007 --> 00:39:07,871
I think it's pretty cool.
- Very stylish.
952
00:39:07,974 --> 00:39:09,251
- Let's see the rest of it.
- Yeah.
953
00:39:09,355 --> 00:39:11,633
Remember all the construction
debris everywhere?
954
00:39:11,737 --> 00:39:14,084
Yeah, we were literally
throwing it out the window.
955
00:39:14,187 --> 00:39:17,984
But now this is a perfect spot
to relax and unwind after work.
956
00:39:18,088 --> 00:39:19,848
I love this.
It's so cool.
957
00:39:19,952 --> 00:39:21,850
It was a larger piece
of wallpaper
958
00:39:21,954 --> 00:39:23,024
and we just cut it.
959
00:39:23,127 --> 00:39:24,232
Wow. That's really
creative, though.
960
00:39:24,335 --> 00:39:25,716
Let's check out
the new bedroom.
961
00:39:25,820 --> 00:39:27,511
Remember we had to take
the floor apart,
962
00:39:27,615 --> 00:39:29,513
try to find out why
it was dipping and stuff?
963
00:39:29,617 --> 00:39:30,514
Yeah.
964
00:39:30,618 --> 00:39:32,240
This bedroom
looks fantastic.
965
00:39:32,343 --> 00:39:34,415
I'm glad we moved the toilet
from that area
966
00:39:34,518 --> 00:39:37,003
and maximized this as a bedroom
because it was so beautiful.
967
00:39:37,107 --> 00:39:39,109
- The vibe in here is so cool.
- Yeah, it looks great.
968
00:39:39,212 --> 00:39:40,766
I would definitely love
to stay here.
969
00:39:40,869 --> 00:39:42,492
Tell you what I love--
this balcony.
970
00:39:42,595 --> 00:39:44,977
You remember how bad
that balcony was?
971
00:39:45,080 --> 00:39:47,428
It was a death trap.
972
00:39:47,531 --> 00:39:48,636
But now,
we got it replaced
973
00:39:48,739 --> 00:39:51,017
with an awesome
and sturdy new balcony.
974
00:39:51,121 --> 00:39:52,294
Amazing.
Look at this view.
975
00:39:52,398 --> 00:39:55,712
Yeah. I mean, look how much
lakefront we have now.
976
00:39:55,815 --> 00:39:58,715
So Florida's got the trees.
It's got the lily pads.
977
00:39:58,818 --> 00:40:00,820
- Yeah.
- Should we go check out
this backyard?
978
00:40:00,924 --> 00:40:01,752
Let's go.
- Yeah. Now that we own
979
00:40:01,856 --> 00:40:03,064
the whole property.
- Yeah.
980
00:40:04,928 --> 00:40:06,274
When we first got here,
the backyard is
981
00:40:06,377 --> 00:40:07,551
what sold us on this house.
982
00:40:07,655 --> 00:40:09,139
- Yeah.
- The house was a total dump.
983
00:40:09,242 --> 00:40:10,278
If it weren't for this lake,
984
00:40:10,381 --> 00:40:11,693
I don't think we
would've done this deal.
985
00:40:11,797 --> 00:40:13,937
Yeah. We almost lost most
of it to the neighbor.
986
00:40:14,040 --> 00:40:15,179
She was not eager
to give up
987
00:40:15,283 --> 00:40:16,974
any more
of her property.
988
00:40:17,078 --> 00:40:19,321
But we worked it out
and it really paid off.
989
00:40:19,425 --> 00:40:20,840
Wow!
Look at this.
990
00:40:20,944 --> 00:40:21,703
Yeah!
991
00:40:23,084 --> 00:40:25,189
This backyard just looks
so amazing, so peaceful,
992
00:40:25,293 --> 00:40:27,088
with all the trees
and the wildlife.
993
00:40:27,191 --> 00:40:30,056
For one easy payment,
of 25 grand
994
00:40:30,160 --> 00:40:31,782
and two pallets of sod.
995
00:40:31,886 --> 00:40:33,266
But look
what it bought us!
996
00:40:33,370 --> 00:40:35,130
I know. Yes.
997
00:40:35,234 --> 00:40:37,892
Adding that dock really
enhances this backyard.
998
00:40:37,995 --> 00:40:39,618
The buyers are going
to love using it.
999
00:40:40,860 --> 00:40:42,034
We couldn't have
a nicer backyard.
1000
00:40:42,137 --> 00:40:43,345
Let's go to the
blueprint office,
1001
00:40:43,449 --> 00:40:45,486
chuck this bad boy
on the market by tonight.
1002
00:40:45,589 --> 00:40:47,073
Yeah. Let's do it.
Yeah. Amazing. Cool.
1003
00:40:50,249 --> 00:40:53,045
This flag-shaped lot flip
was a gamble from the start,
1004
00:40:53,148 --> 00:40:55,737
considering we didn't even know
what land we owned
1005
00:40:55,841 --> 00:40:56,911
when we bought this place.
1006
00:40:57,946 --> 00:40:59,430
But our risk paid off because,
1007
00:40:59,534 --> 00:41:01,881
shortly after listing
this property for sale,
1008
00:41:01,985 --> 00:41:04,366
we got an offer for 500 grand.
1009
00:41:04,470 --> 00:41:07,128
We bought the property
for 230 grand.
1010
00:41:07,231 --> 00:41:09,095
And when you factor
in another 35
1011
00:41:09,199 --> 00:41:10,925
to settle the boundary dispute,
1012
00:41:11,028 --> 00:41:14,445
our reno ran more than $123,000.
1013
00:41:14,549 --> 00:41:17,241
We kept our interest low,
though, with 2,800 bucks
1014
00:41:17,345 --> 00:41:18,967
for a bit more than a month.
1015
00:41:19,071 --> 00:41:22,005
And the closing costs
came in right at 23K.
1016
00:41:22,108 --> 00:41:25,353
That's an all-in price
of almost $380,000,
1017
00:41:25,456 --> 00:41:27,424
which means that this sale price
will bring us
1018
00:41:27,528 --> 00:41:30,910
a handsome profit of $120,000.
1019
00:41:31,014 --> 00:41:32,878
And that's the kind of payoff
that'll keep us
1020
00:41:32,981 --> 00:41:36,364
rolling the dice in this market.
1021
00:41:36,467 --> 00:41:37,710
- Hey.
- Hey!
1022
00:41:37,814 --> 00:41:39,194
Thank you so much.
1023
00:41:39,298 --> 00:41:41,127
If you hadn't sold us
the lakefront,
1024
00:41:41,231 --> 00:41:42,473
we'd be in a world
of trouble.
1025
00:41:42,577 --> 00:41:45,546
So thank you for that.
It made everything possible.
1026
00:41:45,649 --> 00:41:46,926
Oh, well, I'm glad
it worked out.
1027
00:41:47,030 --> 00:41:48,307
It looks great.
1028
00:41:48,410 --> 00:41:50,205
How did you end up getting
a permit for the dock?
1029
00:41:50,309 --> 00:41:52,069
Well,
funny you should ask.
1030
00:41:52,173 --> 00:41:55,245
It's not a dock.
It's a vessel. It's a boat.
1031
00:41:55,348 --> 00:41:58,110
And there's Lynn
with our registration.
1032
00:41:58,213 --> 00:41:59,421
- How's it going?
- Good.
1033
00:41:59,525 --> 00:42:02,079
Dock Life docks are all
registered vehicles.
1034
00:42:02,183 --> 00:42:04,565
You can put a trolling motor
on this thing.
1035
00:42:04,668 --> 00:42:05,842
Okay.
1036
00:42:05,945 --> 00:42:07,326
- Ohh!
- Cheers!
1037
00:42:07,429 --> 00:42:09,639
- Thank you, neighbor.
- Well, thank you.
1038
00:42:09,742 --> 00:42:11,054
I just bought a new car.