1
00:00:02,769 --> 00:00:04,530
Justin: Real estate
is a hot commodity.
2
00:00:04,633 --> 00:00:08,879
But around every corner,
danger lurks...
3
00:00:08,982 --> 00:00:10,329
from zombie houses.
4
00:00:10,432 --> 00:00:12,193
♪
5
00:00:12,296 --> 00:00:14,264
These rotting corpses
aren't just ugly...
6
00:00:14,367 --> 00:00:15,989
Keith:
What happened?
7
00:00:16,093 --> 00:00:17,060
...they're dangerous.
8
00:00:17,163 --> 00:00:18,061
Whoa!
9
00:00:18,164 --> 00:00:19,579
Fire!
Get out of there!
10
00:00:19,683 --> 00:00:22,444
And they can drag down
an entire neighborhood...
11
00:00:22,548 --> 00:00:24,274
Justin: It's the ugliest house
on the street.
12
00:00:24,377 --> 00:00:25,827
...but their days are numbered.
13
00:00:25,930 --> 00:00:28,174
♪
14
00:00:28,278 --> 00:00:30,142
Here in Orlando, Florida,
15
00:00:30,245 --> 00:00:32,972
taking on these monstrosities
is our specialty.
16
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It's a wreck but we don't
shy away from things like that.
17
00:00:35,561 --> 00:00:38,667
Ew.
Our team tracks
these filthy zombies down...
18
00:00:38,771 --> 00:00:39,944
Ashlee: This place
is a total dump,
19
00:00:40,048 --> 00:00:42,464
but at least
this room is huge.
20
00:00:42,568 --> 00:00:44,535
...and pumps new life
into them...
21
00:00:44,639 --> 00:00:45,881
Maybe I got heat stroke,
22
00:00:45,985 --> 00:00:47,262
but I'm falling in love
with this place.
23
00:00:47,366 --> 00:00:49,057
...flipping them
into sweet homes...
24
00:00:49,161 --> 00:00:51,266
- Wow.
- This is amazing.
25
00:00:51,370 --> 00:00:53,406
Justin: ...that we can sell... We are ready to go.
26
00:00:53,510 --> 00:00:55,236
...for an even
sweeter payday.
27
00:00:55,339 --> 00:00:58,031
Here's to selling
another house.
28
00:00:58,135 --> 00:01:00,172
This...
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is "Zombie House Flipping."
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Captioning provided by
A+E Networks
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Keith: Where are we
with the Lake Mary flip?
32
00:01:06,523 --> 00:01:07,903
Because I'm starting
to get worried.
33
00:01:08,007 --> 00:01:10,113
We're in permitting hell
on that property.
34
00:01:10,216 --> 00:01:12,598
We're frozen. We can't--
We can't build there right now.
35
00:01:12,701 --> 00:01:14,531
I mean, I don't think we're
going to make any money on it.
36
00:01:14,634 --> 00:01:17,050
Yeah, I mean, this Lake Mary
project's got us all spooked.
37
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This thing's the longest
renovation we've ever done
38
00:01:19,432 --> 00:01:20,744
in our entire lives.
39
00:01:20,847 --> 00:01:22,159
It's literally going to be
almost a year
40
00:01:22,263 --> 00:01:23,816
to get this flip
even on the market.
41
00:01:23,919 --> 00:01:25,058
It's starting
to cost a fortune,
42
00:01:25,162 --> 00:01:28,269
and we don't really have
a way through this.
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♪
44
00:01:36,863 --> 00:01:38,175
Ashlee: Today the zombie team
is heading
45
00:01:38,279 --> 00:01:39,556
outside of our usual territory.
46
00:01:39,659 --> 00:01:41,213
I found a really
intriguing listing
47
00:01:41,316 --> 00:01:43,491
in the town called Lake Mary.
48
00:01:43,594 --> 00:01:47,564
Lake Mary is located 18 miles
north of central Orlando.
49
00:01:47,667 --> 00:01:49,290
It's known for
its excellent schools,
50
00:01:49,393 --> 00:01:52,258
a thriving business scene,
and low crime rate.
51
00:01:52,362 --> 00:01:54,122
We haven't done any flips
out here before,
52
00:01:54,226 --> 00:01:57,056
so we don't know all the local
ordinances and regulations.
53
00:01:57,160 --> 00:01:59,507
But with the real estate market
getting super tight in Orlando
54
00:01:59,610 --> 00:02:01,440
and zombies
being harder to find,
55
00:02:01,543 --> 00:02:03,787
this might be a great place
for us to expand.
56
00:02:03,890 --> 00:02:05,064
Justin: I've heard
horror stories
57
00:02:05,168 --> 00:02:07,515
about doing flips
in Lake Mary.
58
00:02:07,618 --> 00:02:09,206
Flippers saying
the city's slow.
59
00:02:09,310 --> 00:02:11,035
They take a couple weeks
to approve permits
60
00:02:11,139 --> 00:02:12,830
that should just take
a couple of days.
61
00:02:12,934 --> 00:02:14,694
Ashlee:
Then we're lucky because
62
00:02:14,798 --> 00:02:16,213
the property is right outside
the city line.
63
00:02:16,317 --> 00:02:17,145
It's in
Seminole County.
64
00:02:17,249 --> 00:02:18,457
This popped up
on my radar
65
00:02:18,560 --> 00:02:21,494
because it's been on the market
for 244 days.
66
00:02:21,598 --> 00:02:23,600
Ah.
So a crazy
amount of time.
67
00:02:23,703 --> 00:02:27,293
But it is
a very interesting old home.
68
00:02:27,397 --> 00:02:29,192
It's 3,000 square feet.
69
00:02:29,295 --> 00:02:30,676
I think it has
like four bedrooms
70
00:02:30,779 --> 00:02:32,229
and like three bathrooms.
71
00:02:32,333 --> 00:02:33,334
There's a formal
dining room,
72
00:02:33,437 --> 00:02:34,852
a breakfast nook,
a laundry room.
73
00:02:34,956 --> 00:02:37,993
The place is huge, but it gets
even more interesting.
74
00:02:38,097 --> 00:02:39,305
It's actually on
its own island.
75
00:02:39,409 --> 00:02:41,100
- Except there's a bridge.
- What?
76
00:02:41,204 --> 00:02:42,722
But it's listed at
$500,000.
77
00:02:42,826 --> 00:02:45,518
Keith: My flipper senses
are definitely tingling.
78
00:02:45,622 --> 00:02:49,488
500K is really low for an
island house with these specs.
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00:02:49,591 --> 00:02:51,317
There must be something
seriously wrong with it for it
80
00:02:51,421 --> 00:02:54,286
to sit on the market
this long.
81
00:02:54,389 --> 00:02:55,908
This must be the bridge, right?
82
00:02:56,011 --> 00:02:57,910
It's a land bridge,
I guess.
83
00:02:58,013 --> 00:02:59,152
Oh, my God.
Look at the lake.
84
00:02:59,256 --> 00:03:01,810
This is wild. Wow. Wow.
85
00:03:01,914 --> 00:03:03,398
Here it is.
Look at this.
86
00:03:03,502 --> 00:03:04,779
Oh!
87
00:03:04,882 --> 00:03:06,539
Oh, my goodness. Look.
What?
88
00:03:06,643 --> 00:03:08,300
I told you
it was interesting, huh?
89
00:03:08,403 --> 00:03:15,479
♪
90
00:03:15,583 --> 00:03:19,103
Holy moly.
Look at this.
91
00:03:21,278 --> 00:03:22,693
How is this here?
92
00:03:22,797 --> 00:03:24,730
- This is ridiculous.
- This is crazy.
93
00:03:24,833 --> 00:03:28,078
I feel like we just crossed
over the bridge to Narnia.
94
00:03:28,181 --> 00:03:29,493
It looks like a movie set.
95
00:03:29,597 --> 00:03:30,908
Have you ever seen
anything like it?
96
00:03:31,012 --> 00:03:32,013
No.
No.
97
00:03:32,116 --> 00:03:33,704
I mean, look at
the stained glass.
98
00:03:33,808 --> 00:03:37,605
It's like either
a medieval castle or a church.
99
00:03:37,708 --> 00:03:39,020
I'm a little scared.
100
00:03:39,123 --> 00:03:40,470
There's a hole
in the roof.
101
00:03:40,573 --> 00:03:42,230
I'm sure there's gonna be
a lot of holes in the roof.
102
00:03:42,334 --> 00:03:45,716
Look at this
creepy little statue.
103
00:03:45,820 --> 00:03:47,131
This place is full of, like,
104
00:03:47,235 --> 00:03:50,687
creepy little gnomes
and gargoyles and stuff.
105
00:03:50,790 --> 00:03:54,104
Is that a pond on the island
on the lake?
106
00:03:54,207 --> 00:03:55,761
I don't know, bro.
That's the Everglades.
107
00:03:55,864 --> 00:03:57,245
That looks like a swamp.
108
00:03:57,349 --> 00:03:59,040
There's a bridge.
109
00:03:59,143 --> 00:04:02,077
Guys, this is making a ring
around the property.
110
00:04:02,181 --> 00:04:03,838
Hey, it's a moat.
111
00:04:03,941 --> 00:04:06,358
How many houses in the entire
Orlando market this year
112
00:04:06,461 --> 00:04:07,980
are going to sell with a moat?
- Good Lord.
113
00:04:08,083 --> 00:04:10,638
Keith: This place
is really cool.
114
00:04:10,741 --> 00:04:13,123
I mean, yeah,
it's obviously neglected,
115
00:04:13,226 --> 00:04:15,988
but it's basically a castle
on an island
116
00:04:16,091 --> 00:04:18,162
with a moat and gargoyles.
117
00:04:18,266 --> 00:04:19,716
How much fun is that?
118
00:04:19,819 --> 00:04:21,373
Ashlee: Look at the door.
119
00:04:21,476 --> 00:04:23,133
Hey, dude,
look to your right.
120
00:04:23,236 --> 00:04:24,893
Whoa!
Oh!
121
00:04:24,997 --> 00:04:27,620
Was there a fire here?
That looks burned.
122
00:04:27,724 --> 00:04:29,795
I can see why this stayed
on the market for so long.
123
00:04:29,898 --> 00:04:32,280
Oh, that's going to
take some work.
124
00:04:32,384 --> 00:04:33,868
Okay,
this is very creepy.
125
00:04:33,971 --> 00:04:35,076
[ Chuckles ]
Hello?
126
00:04:35,179 --> 00:04:36,560
You guys go first.
127
00:04:36,664 --> 00:04:38,631
- You guys go in first.
- Let's go.
128
00:04:38,735 --> 00:04:39,874
- What's it like?
- Oh, this is weird.
129
00:04:39,977 --> 00:04:41,358
Hello?
130
00:04:41,462 --> 00:04:42,877
Dude, look at this.
131
00:04:42,980 --> 00:04:43,947
What?
132
00:04:44,050 --> 00:04:45,120
Oh, my God.
133
00:04:45,224 --> 00:04:46,363
This place is eerie.
134
00:04:46,467 --> 00:04:47,709
This doesn't feel
like a flip to me.
135
00:04:47,813 --> 00:04:49,642
It feels more like
a ritual,
136
00:04:49,746 --> 00:04:52,990
like sacrificial altar
church thing.
137
00:04:53,094 --> 00:04:54,647
I don't know.
It's so bizarre.
138
00:04:54,751 --> 00:04:56,787
I think it's a practical
joke, right?
139
00:04:56,891 --> 00:04:58,893
No way, dude.
This is my castle.
140
00:04:58,996 --> 00:04:59,997
What?
141
00:05:00,101 --> 00:05:01,516
My kitty.[ Laughs ]
142
00:05:01,620 --> 00:05:04,416
Justin, get out.[ Meows ]
143
00:05:04,519 --> 00:05:06,935
This is some Medieval Times craziness.
144
00:05:07,039 --> 00:05:08,661
Let me ask you this.
If we were to flip this house,
145
00:05:08,765 --> 00:05:09,938
would you keep
the stained glass window
146
00:05:10,042 --> 00:05:13,217
and the church vibe
or what?
147
00:05:13,321 --> 00:05:14,771
- Modernize it.
- Yeah.
148
00:05:14,874 --> 00:05:16,393
[ Scoffs ]
Modernize it.
149
00:05:16,497 --> 00:05:18,257
I mean,
it has a huge fireplace
150
00:05:18,361 --> 00:05:19,534
and it's a big room.
151
00:05:19,638 --> 00:05:21,398
Would we make this
a nice living room?
152
00:05:21,502 --> 00:05:24,056
What do we do
with this house, period?
153
00:05:24,159 --> 00:05:25,229
Let's go this way, yeah?
154
00:05:25,333 --> 00:05:27,093
Oh, this is so good.
155
00:05:27,197 --> 00:05:29,372
- Oh, Keith.
- I am not a crook.
156
00:05:29,475 --> 00:05:30,959
- Oh, my God.
- You guys don't get it.
157
00:05:31,063 --> 00:05:32,098
Are you Nixon?
158
00:05:32,202 --> 00:05:33,755
That's Nix--
That'd be Nixon, yeah.
159
00:05:33,859 --> 00:05:35,792
Dude, look what I just found.
Another one.
160
00:05:35,895 --> 00:05:38,898
We're, like, halfway to
"Point Break" in this, dude.
161
00:05:39,002 --> 00:05:40,417
Look what I just found.
I found one for me.
162
00:05:40,521 --> 00:05:42,108
Judging by how much rehab
this needs,
163
00:05:42,212 --> 00:05:44,732
we might have to rob a bank
to renovate this place, dude.
164
00:05:44,835 --> 00:05:46,043
So let's hold on to these.
165
00:05:46,147 --> 00:05:48,045
What type of place has
a bunch of masks like this?
166
00:05:48,149 --> 00:05:50,289
The same kind of place
that has that.
167
00:05:50,393 --> 00:05:53,603
- Now, that's super creepy.
- This house is crazy.
168
00:05:53,706 --> 00:05:55,605
So, a little kitchen.
169
00:05:55,708 --> 00:05:57,365
But the same
cool ceilings.
170
00:05:57,469 --> 00:05:58,849
Justin:
There's rat poop everywhere.
171
00:05:58,953 --> 00:06:02,301
Got to love these flimsy
particleboard cabinets
172
00:06:02,405 --> 00:06:04,441
and these fake
Formica countertops.
173
00:06:04,545 --> 00:06:06,788
Keith: Yeah, this kitchen's
a complete redo.
174
00:06:06,892 --> 00:06:09,342
Hey, let's look
at the one saving grace.
175
00:06:09,446 --> 00:06:12,863
- There's a pool.
- We got a pool.
176
00:06:12,967 --> 00:06:14,865
Guys, there's a--
there's a snake in the pool.
177
00:06:14,969 --> 00:06:16,108
Uh-oh.
178
00:06:16,211 --> 00:06:17,972
This castle comes
with its own serpent.
179
00:06:46,172 --> 00:06:47,588
- Two toilets?
- Right in there.
180
00:06:47,691 --> 00:06:49,452
Oh, my goodness.
That's weird.
181
00:06:49,555 --> 00:06:52,662
Justin: What is this,
the master bath?
182
00:06:52,765 --> 00:06:54,284
Keith: But there's only
one sink.
183
00:06:54,387 --> 00:06:57,805
The other sink was across
from that other toilet.
184
00:06:57,908 --> 00:07:01,533
What a funky layout.
Like a two-for-one bathroom.
185
00:07:01,636 --> 00:07:03,742
This space is cramped
and ugly.
186
00:07:03,845 --> 00:07:06,607
Yeah.
Nothing in here can be saved.
187
00:07:06,710 --> 00:07:09,368
Is this the master bedroom?
Because it's tiny.
188
00:07:09,472 --> 00:07:12,751
No, this isn't a tiny bedroom.
This is a big closet.
189
00:07:12,854 --> 00:07:14,822
This is
the master bedroom.
190
00:07:14,925 --> 00:07:17,410
This is an awesome
master suite,
191
00:07:17,514 --> 00:07:20,241
although it does have
some interesting artifacts.
192
00:07:20,344 --> 00:07:22,174
Where do you get-- like,
the giant vase store?
193
00:07:22,277 --> 00:07:23,658
Like, you don't get that
at Target.
194
00:07:23,762 --> 00:07:24,832
No.
195
00:07:24,935 --> 00:07:27,455
Witch's broom,
like for devil worshiping.
196
00:07:27,559 --> 00:07:29,043
And a little devil mask.
197
00:07:29,146 --> 00:07:30,700
Oh,
there you go.
198
00:07:30,803 --> 00:07:32,771
What?
And there's this.
199
00:07:32,874 --> 00:07:34,704
- That's insane.
- Hee-hee-hee, my--
my pretty.
200
00:07:34,807 --> 00:07:37,741
I'm not sure about
this medieval church castle,
201
00:07:37,845 --> 00:07:39,294
whatever you want to call it.
202
00:07:39,398 --> 00:07:41,538
Keith thinks it's really cool,
but I think it's just creepy.
203
00:07:41,642 --> 00:07:44,092
This place is so weird.
And where is the upstairs?
204
00:07:44,196 --> 00:07:46,647
Maybe it's fake. There's no--
There's no stairs.
205
00:07:46,750 --> 00:07:47,993
You think there's
a room we missed?
206
00:07:48,096 --> 00:07:49,304
Yeah, it was definitely
a room.
207
00:07:49,408 --> 00:07:50,478
Where is the stairwell, though?
208
00:07:50,582 --> 00:07:53,239
There was an attic access.
Would that be it?
209
00:07:53,343 --> 00:07:54,965
- Yeah, look at it.
- Alright, let's see.
210
00:07:55,069 --> 00:07:56,449
Open it.
211
00:07:56,553 --> 00:07:58,244
- What?!
- Whoa!
212
00:07:58,348 --> 00:07:59,280
Keith: Are you kidding me?
213
00:07:59,383 --> 00:08:01,420
There's a whole room up here, guys.
214
00:08:01,524 --> 00:08:03,146
Justin: This isn't the worst
house we've ever seen,
215
00:08:03,249 --> 00:08:05,873
but this is one of the weirdest
houses we've ever seen.
216
00:08:05,976 --> 00:08:07,253
I mean, it has nice
high ceilings
217
00:08:07,357 --> 00:08:08,634
and a gorgeous view.
218
00:08:08,738 --> 00:08:10,118
Look, you can see the lake.
This could be a cool room.
219
00:08:10,222 --> 00:08:11,775
This house is amazing.
220
00:08:11,879 --> 00:08:14,778
Every corner you turn is
more strange than the last one.
221
00:08:14,882 --> 00:08:17,263
I mean, it's like having
your own private Hogwarts.
222
00:08:17,367 --> 00:08:21,647
This house is just so much.
I don't even know if we should.
223
00:08:21,751 --> 00:08:22,959
[ Sighs ]
I don't know.
224
00:08:23,062 --> 00:08:24,995
I'm super overwhelmed
by the size of this house
225
00:08:25,099 --> 00:08:26,618
and the funky layout,
226
00:08:26,721 --> 00:08:28,274
but I can see
there's potential here.
227
00:08:28,378 --> 00:08:30,760
We're talking 3,000 square feet
with a pool
228
00:08:30,863 --> 00:08:32,071
on it's own private island.
229
00:08:32,175 --> 00:08:34,073
This could be a really
high-dollar property.
230
00:08:34,177 --> 00:08:35,419
For $500,000,
231
00:08:35,523 --> 00:08:37,663
we spend a fortune,
a lot of time.
232
00:08:37,767 --> 00:08:39,113
It's 20 miles away.
233
00:08:39,216 --> 00:08:41,702
Yeah, but we could sell it for,
like, $950,000, right?
234
00:08:41,805 --> 00:08:42,979
Maybe I got heat stroke,
235
00:08:43,082 --> 00:08:44,359
but I'm falling in love
with this place.
236
00:08:44,463 --> 00:08:46,948
$500,000 is not that bad,
and we could spend $250,000.
237
00:08:47,052 --> 00:08:48,881
Oh, my God. Can you imagine
what a palatial estate
238
00:08:48,985 --> 00:08:50,365
this would be
for somebody?
239
00:08:50,469 --> 00:08:52,575
This would be one of our biggest
and coolest flips ever.
240
00:08:52,678 --> 00:08:53,921
- Let's go do it.
- Cool. Perfect.
241
00:08:54,024 --> 00:08:56,061
Okay. Awesome.
242
00:08:56,164 --> 00:08:59,340
Justin: The seller was firm
on their price of 500 grand,
243
00:08:59,443 --> 00:09:02,585
just like they had been
for 244 days.
244
00:09:02,688 --> 00:09:05,484
But we think the numbers work,
so we agreed.
245
00:09:05,588 --> 00:09:09,281
We're going to set a fat
renovation budget of 250 grand,
246
00:09:09,384 --> 00:09:11,766
'cause this is
an extensive renovation
247
00:09:11,870 --> 00:09:14,424
on a really complicated
piece of land,
248
00:09:14,527 --> 00:09:16,357
but also 'cause
this is unfamiliar,
249
00:09:16,460 --> 00:09:18,186
new territory out here,
250
00:09:18,290 --> 00:09:19,256
so we're going to
have to rely on
251
00:09:19,360 --> 00:09:20,775
vendors
we've never worked with,
252
00:09:20,879 --> 00:09:23,744
as well as some crews
to help us get this job done.
253
00:09:23,847 --> 00:09:26,298
We're also taking a private loan
to do this deal
254
00:09:26,401 --> 00:09:29,025
for the full purchase price
and renovation.
255
00:09:29,128 --> 00:09:31,855
And those costs are going to
run us around 18 grand
256
00:09:31,959 --> 00:09:33,754
for the three months
of this project.
257
00:09:33,857 --> 00:09:36,791
Closing costs should
come in around $52,000,
258
00:09:36,895 --> 00:09:39,587
which puts our all in cost
at the end of the day
259
00:09:39,691 --> 00:09:42,901
right around $820,000.
260
00:09:43,004 --> 00:09:47,284
But based on comps and the super
desirable, rare location,
261
00:09:47,388 --> 00:09:51,772
we think we can sell this
property for around $950,000.
262
00:09:51,875 --> 00:09:56,466
That would net us
a profit of nearly $130,000.
263
00:09:56,569 --> 00:09:58,779
Our reno plans for this house
are going to take advantage
264
00:09:58,882 --> 00:10:02,541
of this massive space
with a much better floor plan.
265
00:10:02,645 --> 00:10:04,129
First, we're going to build
a kitchen
266
00:10:04,232 --> 00:10:05,682
worthy of this palatial estate.
267
00:10:05,786 --> 00:10:06,925
We're going to take down
that wall
268
00:10:07,028 --> 00:10:08,374
that sections off
the dining room
269
00:10:08,478 --> 00:10:10,514
and seal off the door
of the living room.
270
00:10:10,618 --> 00:10:12,413
This will allow us to
expand the kitchen out,
271
00:10:12,516 --> 00:10:14,898
adding cabinets and counters
on opposite walls
272
00:10:15,002 --> 00:10:17,280
and add a huge island
in the middle.
273
00:10:17,383 --> 00:10:19,075
Next, we'll update
that master bedroom
274
00:10:19,178 --> 00:10:21,802
by connecting it directly
to the bathroom nearby
275
00:10:21,905 --> 00:10:24,528
and getting rid of that weird
two-toilet set up.
276
00:10:24,632 --> 00:10:26,289
Then we'll combine
bedrooms three and four
277
00:10:26,392 --> 00:10:27,670
into a single bedroom
278
00:10:27,773 --> 00:10:30,707
with its own attached bathroom
and walk-in closet.
279
00:10:30,811 --> 00:10:32,536
Basically a second master.
280
00:10:32,640 --> 00:10:34,124
And we'll still end up
with four bedrooms
281
00:10:34,228 --> 00:10:36,057
because we'll create
a new one in the loft,
282
00:10:36,161 --> 00:10:38,577
a third master
with a bathroom of its own.
283
00:10:38,681 --> 00:10:41,269
This castle will make
everyone feel like a king.
284
00:10:41,373 --> 00:10:48,104
♪
285
00:10:48,207 --> 00:10:49,312
Hey, hey, hey.
286
00:10:49,415 --> 00:10:50,554
Ready for demo day?
287
00:10:50,658 --> 00:10:52,867
Oh, as ready as
we'll ever be.
288
00:10:52,971 --> 00:10:54,420
- Want to start in the kitchen?
- Yeah.
289
00:10:54,524 --> 00:10:55,594
Let's take that wall down.
290
00:10:55,698 --> 00:10:56,871
And then we'll get
all those cabinets down.
291
00:10:56,975 --> 00:10:59,356
♪
292
00:10:59,460 --> 00:11:01,013
Oh! Jeez, Keith.
293
00:11:01,117 --> 00:11:05,500
♪
294
00:11:05,604 --> 00:11:07,088
Coming through.
295
00:11:07,192 --> 00:11:10,782
♪
296
00:11:10,885 --> 00:11:13,370
Justin: Open kitchen,
here we come.
297
00:11:13,474 --> 00:11:14,958
Keith: While Justin finishes
taking that kitchen
298
00:11:15,062 --> 00:11:16,373
down to the studs,
299
00:11:16,477 --> 00:11:19,376
Ashlee and I are getting
to work in the bathrooms.
300
00:11:19,480 --> 00:11:22,241
We're clearing out the vanities
and the dated tile
301
00:11:22,345 --> 00:11:25,658
and making way for larger
bathrooms with all new finishes.
302
00:11:25,762 --> 00:11:29,248
♪
303
00:11:29,352 --> 00:11:31,837
Then our crew comes in
for the heavy lifting,
304
00:11:31,941 --> 00:11:33,218
tearing out the remaining wall
305
00:11:33,321 --> 00:11:36,186
between the kitchen
and the dining room
306
00:11:36,290 --> 00:11:38,326
and sending
that crummy tile floor
307
00:11:38,430 --> 00:11:39,845
straight to the scrapheap.
308
00:11:39,949 --> 00:11:41,536
[ Cash register dings ]
309
00:11:41,640 --> 00:11:47,888
♪
310
00:11:47,991 --> 00:11:54,239
♪
311
00:11:54,342 --> 00:11:55,550
Hello?
312
00:11:55,654 --> 00:11:56,793
Ashlee: Oh, hey.
313
00:11:56,897 --> 00:11:58,899
Hey. Andrew Rolf,
HD Roofing and Construction.
314
00:11:59,002 --> 00:12:00,245
Okay. Excellent. Excellent.
315
00:12:00,348 --> 00:12:01,522
- Nice to meet you. Ashlee.
- Great to meet you.
316
00:12:01,625 --> 00:12:02,557
So, did you look
at the roof already?
317
00:12:02,661 --> 00:12:04,249
Quick look walking up,
that's it.
318
00:12:04,352 --> 00:12:06,113
We need to do a quick walk
- around and get on the roof.
- Yeah.
319
00:12:06,216 --> 00:12:08,805
Ashlee: Today we brought in
an expert to assess the roof.
320
00:12:08,909 --> 00:12:10,186
We know it's bad up there.
321
00:12:10,289 --> 00:12:12,395
The question is,
how much in dollars bad?
322
00:12:12,498 --> 00:12:14,362
Guys, how's it looking?
How bad is it?
323
00:12:14,466 --> 00:12:15,778
Keith:
Well, there's a hole there
324
00:12:15,881 --> 00:12:18,021
that you could
throw baseballs through.
325
00:12:18,125 --> 00:12:20,023
It looks like we had some
tree limbs that actually fell
326
00:12:20,127 --> 00:12:21,404
and actually punctured
the roof itself.
327
00:12:21,507 --> 00:12:23,302
And they've done
a temporary repair in that area.
328
00:12:23,406 --> 00:12:25,235
But can the rest
of the roof be saved?
329
00:13:16,873 --> 00:13:18,461
Shoot me over that estimate
whenever you got it.
330
00:13:18,564 --> 00:13:19,980
Absolutely.
Alright,
it was great meeting you.
331
00:13:20,083 --> 00:13:20,981
- Bye. Thank you guys.
- Cheers.
332
00:13:21,084 --> 00:13:27,884
♪
333
00:13:27,988 --> 00:13:30,231
Keith: It took a while to book
some crews in this area,
334
00:13:30,335 --> 00:13:34,408
but now we're giving that upper
level the access it deserves.
335
00:13:34,511 --> 00:13:36,789
No more hidden pull-down steps.
336
00:13:36,893 --> 00:13:39,654
Instead, we took space
from the old hall closet
337
00:13:39,758 --> 00:13:41,070
and created a full-sized,
338
00:13:41,173 --> 00:13:44,383
easy-to-climb staircase
to our second floor.
339
00:13:44,487 --> 00:13:48,767
Now we can give the second floor
some new life.
340
00:13:48,871 --> 00:13:54,186
Our framers install some fresh
cross beams between the floors
341
00:13:54,290 --> 00:13:58,742
then lay down plywood
to finish the upstairs subfloor.
342
00:13:58,846 --> 00:14:02,332
Then they frame up walls
for a new bathroom
343
00:14:02,436 --> 00:14:06,405
and a large new bedroom
with a big closet,
344
00:14:06,509 --> 00:14:09,581
effectively turning this space
into a junior master suite.
345
00:14:09,684 --> 00:14:11,272
[ Cash register dings ]
346
00:14:11,376 --> 00:14:18,452
♪
347
00:14:18,555 --> 00:14:25,666
♪
348
00:14:27,530 --> 00:14:30,567
Justin: Hey.
What are you doing?
349
00:14:30,671 --> 00:14:33,122
Dude, this thing's harder to get
out of than a space shuttle.
350
00:14:33,225 --> 00:14:34,640
- What's the problem?
- What's the p--
351
00:14:34,744 --> 00:14:36,125
Bro, what are you about to do
right now?
352
00:14:36,228 --> 00:14:37,609
What do you mean
what I'm about to do?
353
00:14:37,712 --> 00:14:39,369
I'm about to take
this jacked-up gable
354
00:14:39,473 --> 00:14:40,612
off the front
of the house.
355
00:14:40,715 --> 00:14:41,854
We're just going
to rebuild prettier.
356
00:14:41,958 --> 00:14:43,097
We don't have
plans for this.
357
00:14:43,201 --> 00:14:44,685
We don't have
architectural drawings.
358
00:14:44,788 --> 00:14:45,789
Do you know
if this is going to
359
00:14:45,893 --> 00:14:46,894
come off of
the house easily?
360
00:14:46,998 --> 00:14:48,206
It's all up here.
361
00:14:48,309 --> 00:14:51,174
This is like a palace,
like a castle.
362
00:14:51,278 --> 00:14:54,522
You can't have this
be the entrance to your castle.
363
00:14:54,626 --> 00:14:55,799
There's no garage here,
364
00:14:55,903 --> 00:14:58,112
so this needs to be
a grand covered entrance.
365
00:14:58,216 --> 00:15:01,150
I get it, but we got to
get those plans approved.
366
00:15:01,253 --> 00:15:03,083
I appreciate Keith's vision,
367
00:15:03,186 --> 00:15:05,464
and a rebuild
is probably necessary,
368
00:15:05,568 --> 00:15:08,364
but we're under the jurisdiction
of Seminole County out here,
369
00:15:08,467 --> 00:15:09,779
which we're not used to,
370
00:15:09,882 --> 00:15:12,920
and we need to follow
their permit process perfectly
371
00:15:13,024 --> 00:15:15,819
and hopefully not destroy
our house in the process.
372
00:15:15,923 --> 00:15:16,924
You're doing all of it.
373
00:15:17,028 --> 00:15:18,995
- Yeah, of course.
- And I swear to God,
374
00:15:19,099 --> 00:15:20,928
if you rip off
the front of this house,
375
00:15:21,032 --> 00:15:22,102
I'm going to lose it.
376
00:15:22,205 --> 00:15:24,759
That's unlikely to happen.
377
00:15:24,863 --> 00:15:27,072
Let's see what you got there,
Mr. Builder.
378
00:15:27,176 --> 00:15:34,079
♪
379
00:15:34,183 --> 00:15:41,121
♪
380
00:15:41,224 --> 00:15:48,128
♪
381
00:15:48,231 --> 00:15:49,750
Whoo-hoo.
382
00:15:49,853 --> 00:15:55,100
♪
383
00:15:55,204 --> 00:15:56,619
Justin: It took a few weeks
for the county
384
00:15:56,722 --> 00:16:00,174
to approve our electrical plans,
so we're already a bit behind.
385
00:16:00,278 --> 00:16:05,352
But now we're modernizing this
medieval home with a new system.
386
00:16:05,455 --> 00:16:06,836
Electrical Surgeon is here,
387
00:16:06,939 --> 00:16:11,427
removing the outdated
junction boxes and wires
388
00:16:11,530 --> 00:16:14,602
and taking down
the old light fixtures.
389
00:16:14,706 --> 00:16:18,468
Then we install 14-gauge wires
for the lighting circuits
390
00:16:18,572 --> 00:16:22,162
and a thicker 12-gauge wire
for the kitchen and baths,
391
00:16:22,265 --> 00:16:24,543
and connect them all
to a new electrical panel
392
00:16:24,647 --> 00:16:27,512
that has a central
interior location.
393
00:16:27,615 --> 00:16:29,272
And now this house
can run smoothly
394
00:16:29,376 --> 00:16:32,655
under the demands of modern
appliances and electronics.
395
00:16:32,758 --> 00:16:35,485
[ Cash register dings ]
396
00:16:35,589 --> 00:16:40,628
♪
397
00:16:40,732 --> 00:16:45,737
♪
398
00:16:45,840 --> 00:16:47,635
- Hey, buddy.
- What's up, bro?
399
00:16:47,739 --> 00:16:50,086
We taking this thing
- to the incinerator?
- Yeah.
400
00:16:50,190 --> 00:16:52,123
Our crews have been
clearing a ton of dead brush
401
00:16:52,226 --> 00:16:54,918
from all over the island,
and we need to get rid of it.
402
00:16:55,022 --> 00:16:57,300
A controlled burn
is the safe way to do it.
403
00:16:57,404 --> 00:17:01,063
And it's also much easier
than hauling all this mess away.
404
00:17:01,166 --> 00:17:02,340
Alright.
You ready?
405
00:17:02,443 --> 00:17:04,100
Yes.
406
00:17:06,344 --> 00:17:07,655
We're off to the races.
407
00:17:09,795 --> 00:17:10,900
Hey.
408
00:17:11,003 --> 00:17:13,730
We're having a bonfire.
Did you bring s'mores?
409
00:17:13,834 --> 00:17:15,629
Ashlee: Oh, my God.
Is this legal?
410
00:17:15,732 --> 00:17:16,906
We're in the county.
411
00:17:17,009 --> 00:17:18,218
You're allowed to burn stuff
in the county.
412
00:17:18,321 --> 00:17:20,910
Speaking of the county,
I have some really bad news.
413
00:17:21,013 --> 00:17:22,774
We're no longer under
their jurisdiction.
414
00:17:22,877 --> 00:17:24,086
Wait.
What?
415
00:17:24,189 --> 00:17:26,018
So far, we've been working
under Seminole County
416
00:17:26,122 --> 00:17:27,848
for all our permits
because the island
417
00:17:27,951 --> 00:17:30,264
is just outside
the Lake Mary city limits.
418
00:17:30,368 --> 00:17:32,818
But a local developer
who asked us about our property
419
00:17:32,922 --> 00:17:34,475
ended up buying
the land up the road,
420
00:17:34,579 --> 00:17:36,063
which is part of Lake Mary.
421
00:17:36,167 --> 00:17:38,238
That transaction revealed
that our parcel
422
00:17:38,341 --> 00:17:41,172
was illegally split off
from hers decades ago.
423
00:17:41,275 --> 00:17:42,725
We still own our parcel,
424
00:17:42,828 --> 00:17:45,590
but now we have to start our
permit process all over again
425
00:17:45,693 --> 00:17:47,385
under Lake Mary rules.
426
00:17:47,488 --> 00:17:49,870
Nobody caught this when we first
filed our building permits,
427
00:17:49,973 --> 00:17:51,423
and now we're stuck
in this municipality
428
00:17:51,527 --> 00:17:53,908
that's known for being slow
and sometimes costly.
429
00:17:54,012 --> 00:17:55,462
And Lake Mary
has already hit us
430
00:17:55,565 --> 00:17:57,153
with a big,
unexpected regulation.
431
00:17:57,257 --> 00:17:58,948
They're not going to give us
our permits
432
00:17:59,051 --> 00:18:02,020
unless we put a sprinkler system
in the house.
433
00:18:02,124 --> 00:18:03,263
Not around the house.
434
00:18:03,366 --> 00:18:04,678
Wait, that's only--
that's only a requirement
435
00:18:04,781 --> 00:18:06,335
for three stories
and above.
436
00:18:06,438 --> 00:18:07,853
They said
if there is a fire,
437
00:18:07,957 --> 00:18:09,648
they can't get down
the dirt road.
438
00:18:09,752 --> 00:18:11,581
So we have to put in
a sprinkler system in the house,
439
00:18:11,685 --> 00:18:13,238
which is 10 grand.
440
00:18:13,342 --> 00:18:14,757
Wait, and there's--
So there's no altern--
441
00:18:14,860 --> 00:18:15,999
What do you mean? Like--
442
00:18:16,103 --> 00:18:17,863
The alternative... Yeah.
443
00:18:17,967 --> 00:18:19,727
We can also
put in a bridge.
444
00:18:19,831 --> 00:18:21,350
And that would be
like 100 grand.
445
00:18:21,453 --> 00:18:22,937
- A bridge?
- Yeah.
446
00:18:23,041 --> 00:18:25,492
It's all just so
a fire truck--
447
00:18:25,595 --> 00:18:27,079
A fire truck
could not get here.
448
00:18:27,183 --> 00:18:28,736
Seminole County
wouldn't require this,
449
00:18:28,840 --> 00:18:30,324
but Lake Mary does.
450
00:18:30,428 --> 00:18:33,189
I thought a house on an island
would be the perfect getaway.
451
00:18:33,293 --> 00:18:36,710
But now we might be stuck
in a bureaucratic quagmire.
452
00:18:36,813 --> 00:18:39,264
Ten grand doesn't sound
like a lot for our budget,
453
00:18:39,368 --> 00:18:41,646
but it's money
we didn't anticipate.
454
00:18:41,749 --> 00:18:43,855
And Lake Mary could take weeks
or even months
455
00:18:43,958 --> 00:18:45,236
to approve our plans.
456
00:18:45,339 --> 00:18:47,341
That delays our framing
and our drywall
457
00:18:47,445 --> 00:18:49,447
and adds lots of money
to our loan interest.
458
00:18:49,550 --> 00:18:53,105
The trajectory of this flip
is starting to go the wrong way.
459
00:19:00,872 --> 00:19:02,218
Keith: While we're waiting on
Lake Mary
460
00:19:02,322 --> 00:19:03,599
to approve our sprinkler plans
461
00:19:03,702 --> 00:19:05,911
which is holding up
other parts of our renovation,
462
00:19:06,015 --> 00:19:09,225
we can at least
do some window work.
463
00:19:09,329 --> 00:19:10,675
We're removing
that ugly collection
464
00:19:10,778 --> 00:19:12,332
of single-pane casement windows
465
00:19:12,435 --> 00:19:15,921
and replacing them
with Eco Glass windows.
466
00:19:16,025 --> 00:19:17,647
These fresh upgrades
are double-paned
467
00:19:17,751 --> 00:19:20,132
and designed to block out
harmful UV rays,
468
00:19:20,236 --> 00:19:22,825
making them as beneficial
as they are beautiful.
469
00:19:22,928 --> 00:19:25,655
[ Cash register dings ]
470
00:19:25,759 --> 00:19:31,385
♪
471
00:19:31,489 --> 00:19:37,149
♪
472
00:19:37,253 --> 00:19:39,221
So much stained glass
in this house.
473
00:19:39,324 --> 00:19:40,670
Yes.
474
00:19:40,774 --> 00:19:42,776
Today, Ash and I
want to settle on our approach
475
00:19:42,879 --> 00:19:44,398
for this giant living room.
476
00:19:44,502 --> 00:19:46,158
I really like
the stained glass.
477
00:19:46,262 --> 00:19:49,196
I mean, it's super cool.
It's right up my alley.
478
00:19:49,300 --> 00:19:52,958
The problem is, is my taste
is not everybody's taste.
479
00:19:53,062 --> 00:19:54,512
Ashlee: But I feel awful
getting rid of it
480
00:19:54,615 --> 00:19:56,134
because it is
so cool and so unique.
481
00:19:56,238 --> 00:19:57,273
Hey, hey, hey.
482
00:19:57,377 --> 00:19:58,516
Hey. How are you?
483
00:19:58,619 --> 00:20:00,034
Good. Good.
What's going on?
484
00:20:00,138 --> 00:20:02,105
This room is Valhalla,
485
00:20:02,209 --> 00:20:05,074
but I don't think we can
sell it like that, you know?
486
00:20:05,177 --> 00:20:06,834
You want to get rid
of the stained glass?
487
00:20:06,938 --> 00:20:08,215
I reached out
to some artists.
488
00:20:08,319 --> 00:20:10,459
They said they would take it
and repurpose everything.
489
00:20:10,562 --> 00:20:12,184
It's not going to end up
in the landfill.
490
00:20:12,288 --> 00:20:15,222
But how many times have we taken
something out
491
00:20:15,326 --> 00:20:16,775
but then shown somebody
a picture of it later
492
00:20:16,879 --> 00:20:17,845
and they're like,
"Oh, my God,
493
00:20:17,949 --> 00:20:19,537
that would
have been really cool"?
494
00:20:19,640 --> 00:20:21,539
Personally, I think
we should keep them.
495
00:20:23,989 --> 00:20:25,991
Justin: Okay.
Let's leave them for now.
496
00:20:26,095 --> 00:20:28,580
But let's at least
consider some options.
497
00:20:28,684 --> 00:20:31,273
Ash, you and I can find
some, like, rain glass
498
00:20:31,376 --> 00:20:33,275
or something cool.
It'll look beautiful.
499
00:20:33,378 --> 00:20:35,207
Ashlee: We'll do
- whatever you think.
- Alright.
500
00:20:35,311 --> 00:20:40,627
♪
501
00:20:40,730 --> 00:20:45,908
♪
502
00:20:46,011 --> 00:20:47,150
Ashlee: It took a few weeks,
503
00:20:47,254 --> 00:20:48,359
but we finally got
the green light
504
00:20:48,462 --> 00:20:49,946
on our sprinkler install.
505
00:20:50,050 --> 00:20:53,295
So today, this island castle
is getting some new pipes.
506
00:20:54,744 --> 00:20:57,575
Our crew is running
sprinkler pipes of CPVC
507
00:20:57,678 --> 00:21:00,129
through the upper rafters
of the house.
508
00:21:00,232 --> 00:21:01,682
The line set up sprinkler heads
509
00:21:01,786 --> 00:21:05,721
every six feet
for full coverage.
510
00:21:05,824 --> 00:21:08,379
Once the sprinkler heads
are in place, the spray nozzle
511
00:21:08,482 --> 00:21:10,657
is held shut
by two small metal plates
512
00:21:10,760 --> 00:21:12,486
fused together by a solder,
513
00:21:12,590 --> 00:21:14,385
which melts when it gets
hot enough,
514
00:21:14,488 --> 00:21:19,079
so any fire will be met with
a gusher of house-saving water.
515
00:21:19,182 --> 00:21:21,530
Our progress was slow
in the beginning,
516
00:21:21,633 --> 00:21:24,049
but getting derailed
by the sprinkler system
517
00:21:24,153 --> 00:21:27,190
has put us way behind schedule.
518
00:21:27,294 --> 00:21:29,607
We're two months into this
three-month renovation
519
00:21:29,710 --> 00:21:32,679
and out of the 250 grand
we set aside,
520
00:21:32,782 --> 00:21:34,508
we've only spent about $60,000.
521
00:21:34,612 --> 00:21:36,234
We have a lot of work left,
522
00:21:36,338 --> 00:21:39,617
and we'll probably go long
on this renovation.
523
00:21:39,720 --> 00:21:42,102
Being put into
Lake Mary's jurisdiction
524
00:21:42,205 --> 00:21:44,449
has triggered a whole new look
at our property,
525
00:21:44,553 --> 00:21:45,899
which has me nervous
526
00:21:46,002 --> 00:21:48,384
because who knows what problems
they're going to find
527
00:21:48,488 --> 00:21:50,490
and how long
it could set us back.
528
00:21:50,593 --> 00:21:56,806
♪
529
00:21:56,910 --> 00:22:03,261
♪
530
00:22:03,365 --> 00:22:04,573
Hey, buddy.
531
00:22:04,676 --> 00:22:05,781
How's it going?
532
00:22:05,884 --> 00:22:07,334
- Kevin, man, how's it going?
- Good to see you.
533
00:22:07,438 --> 00:22:09,785
I promised Justin I would
come up with a new design
534
00:22:09,888 --> 00:22:13,271
to replace that rotted, dinky
entrance gable we used to have.
535
00:22:13,375 --> 00:22:15,342
So I'm working with
our framing expert, Kevin,
536
00:22:15,446 --> 00:22:17,931
to build something
I think is going to be great.
537
00:22:18,034 --> 00:22:20,485
We got the extended gable.
It's actually--
538
00:22:20,589 --> 00:22:21,728
You know,
it's a much bigger gable
539
00:22:21,831 --> 00:22:23,385
than the one
we did away with,
540
00:22:23,488 --> 00:22:25,973
and we're turning it into
kind of a porte-cochère.
541
00:22:26,077 --> 00:22:27,906
Let me get the lay
of the land here.
542
00:22:28,010 --> 00:22:30,115
We'll be able to pull cars
right-- right in here.
543
00:22:30,219 --> 00:22:31,393
Park,
get out of the rain,
544
00:22:31,496 --> 00:22:32,980
carry groceries in,
stuff like that.
545
00:22:33,084 --> 00:22:34,706
It's looking good
from down here.
546
00:22:34,810 --> 00:22:36,812
You mind if I get
the bird's-eye view?
547
00:22:36,915 --> 00:22:38,089
Yes, sir.
548
00:22:38,192 --> 00:22:40,402
I saved some money
designing this myself,
549
00:22:40,505 --> 00:22:42,507
but that means
I want to make extra sure
550
00:22:42,611 --> 00:22:45,234
that's it's built correctly
and it'll pass inspection.
551
00:22:45,337 --> 00:22:46,477
That's where
it was rotted.
552
00:22:46,580 --> 00:22:48,237
We removed some more
of the shingles,
553
00:22:48,340 --> 00:22:51,482
cut the old wood out,
put some new wood in.
554
00:22:51,585 --> 00:22:53,035
Now we're working on
555
00:22:53,138 --> 00:22:55,831
getting the rest
of the entry roof framed up.
556
00:22:55,934 --> 00:22:58,178
I just want to make sure we meet
all the hurricane codes,
557
00:22:58,281 --> 00:23:00,801
'cause with-- with an area
like this that's open,
558
00:23:00,905 --> 00:23:03,217
this is a-- this is a prime
area for a lot of uplift.
559
00:23:03,321 --> 00:23:05,392
So what kind of clips
are we using?
560
00:23:05,496 --> 00:23:07,946
It's kind of like a horseshoe.
They're in that box.
561
00:23:08,050 --> 00:23:09,431
Oh.
It's called the H10.
562
00:23:09,534 --> 00:23:11,363
And that'll stabilize this
in--
563
00:23:11,467 --> 00:23:12,606
in a couple different directions.
564
00:23:12,710 --> 00:23:13,952
It will never move.
565
00:23:14,056 --> 00:23:16,368
I got to say, Kevin
and his team are killing it.
566
00:23:16,472 --> 00:23:19,510
This porte-cochère should be
finished and up to code soon.
567
00:23:19,613 --> 00:23:22,098
And that should help us avoid
any more delays.
568
00:23:22,202 --> 00:23:24,169
Hopefully we'll be
done tomorrow.
569
00:23:24,273 --> 00:23:26,309
Then we can re-roof
the entire structure.
570
00:23:26,413 --> 00:23:28,553
And then that also lets us
re-screen the pool.
571
00:23:28,657 --> 00:23:30,935
Hey, I'm going to get down and
go see what's going on inside.
572
00:23:31,038 --> 00:23:32,384
There's nothing
going on inside
573
00:23:32,488 --> 00:23:35,629
till the inspector
gets out here.
574
00:23:35,733 --> 00:23:37,182
Oh, my-- They haven't
come by yet?
575
00:23:37,286 --> 00:23:39,495
No, we're waiting on them
to proceed.
576
00:23:39,599 --> 00:23:42,153
I haven't seen them
yesterday or today.
577
00:23:42,256 --> 00:23:44,396
Oh, my God. Okay.
578
00:23:44,500 --> 00:23:46,916
Here we go again.
First, we had a three-week delay
579
00:23:47,020 --> 00:23:49,505
in getting our sprinkler plan
approved by the city,
580
00:23:49,609 --> 00:23:50,989
and now the building inspector
581
00:23:51,093 --> 00:23:52,922
decided not to even show up
at all.
582
00:23:53,026 --> 00:23:54,441
All the structural work
we're doing
583
00:23:54,545 --> 00:23:56,478
has to be inspected
at various stages.
584
00:23:56,581 --> 00:24:00,378
And if we don't get an official
Lake Mary approval at each step,
585
00:24:00,482 --> 00:24:01,655
we can't proceed.
586
00:24:01,759 --> 00:24:02,898
This is a cost of doing business
587
00:24:03,001 --> 00:24:04,900
outside of our
usual jurisdiction.
588
00:24:05,003 --> 00:24:06,280
But with the interest
we're paying,
589
00:24:06,384 --> 00:24:08,800
we cannot afford
another extended delay.
590
00:24:14,116 --> 00:24:19,121
♪
591
00:24:19,224 --> 00:24:21,779
Yeah.
Look at this rock wall.
592
00:24:21,882 --> 00:24:23,470
Justin:
We continue to lose time
593
00:24:23,574 --> 00:24:26,956
with the inspector delays
slowing work inside the house.
594
00:24:27,060 --> 00:24:30,615
And we are desperate to make
some sort of progress here.
595
00:24:30,719 --> 00:24:32,962
Today we're doing
some exterior upgrades
596
00:24:33,066 --> 00:24:34,274
that will add
to the style
597
00:24:34,377 --> 00:24:37,277
of this 16th-century
medieval retreat.
598
00:24:37,380 --> 00:24:39,762
We've hired a cement company
to install some steps
599
00:24:39,866 --> 00:24:42,454
and a low accent wall
around the property,
600
00:24:42,558 --> 00:24:44,974
but they're making it
look like old stonework
601
00:24:45,078 --> 00:24:47,667
using some innovative
construction processes.
602
00:24:47,770 --> 00:24:50,428
Wow. This is way cooler than
what you sent in the drawing.
603
00:24:50,532 --> 00:24:52,879
Well, what we did is
it's concrete without forms.
604
00:25:09,620 --> 00:25:11,311
And that's what we like.
605
00:25:11,414 --> 00:25:12,623
It looks amazing.
606
00:25:12,726 --> 00:25:13,796
Alright, so I'm going to
take you to the back.
607
00:25:13,900 --> 00:25:15,591
We got a little surprise.
608
00:25:15,695 --> 00:25:17,662
There's some things
we need to talk about
609
00:25:17,766 --> 00:25:19,112
at the back there
before we go further.
610
00:25:19,215 --> 00:25:20,803
I got a feeling
this isn't a good surprise.
611
00:25:20,907 --> 00:25:22,564
Let's go find out.
612
00:25:25,877 --> 00:25:27,948
So the idea was to have some
kind of
613
00:25:28,052 --> 00:25:30,882
little water feature here
to cover that up there,
614
00:25:30,986 --> 00:25:32,159
- the pool equipment.
- Yeah, yeah.
That's what we wanted.
615
00:25:32,263 --> 00:25:34,023
So I brought my pad.
I got an idea for you.
616
00:25:34,127 --> 00:25:36,163
I'm going to try to stain this
and seal it
617
00:25:36,267 --> 00:25:37,648
and get a little more color
out of it
618
00:25:37,751 --> 00:25:39,442
instead of it-- it just looks
old and dilapidated.
619
00:25:39,546 --> 00:25:41,099
- It looks awful.
- We need to
do something with it.
620
00:25:41,203 --> 00:25:42,411
Yeah.
- Yeah.
- So we can do something there.
621
00:25:42,514 --> 00:25:45,276
And so we're talking closer
to $10,000 extra.
622
00:25:45,379 --> 00:25:46,864
No way. Oh, my God.
623
00:25:46,967 --> 00:25:48,762
You know, everybody wants to add
a little bit more to this house.
624
00:25:48,866 --> 00:25:49,970
I know that.
625
00:25:50,074 --> 00:25:51,454
But I'm just saying
I can go big or go home.
626
00:25:51,558 --> 00:25:53,215
Well, I don't want you
to go home.
627
00:25:53,318 --> 00:25:55,700
Getting hit with
a $10,000 change order
628
00:25:55,804 --> 00:25:57,737
is something I never like.
629
00:25:57,840 --> 00:26:00,981
But let's be honest,
pools sell houses in Florida.
630
00:26:01,085 --> 00:26:02,431
I guess
this is just another
631
00:26:02,534 --> 00:26:05,607
one of those worst-case
scenario fixes we have to do.
632
00:26:05,710 --> 00:26:08,437
It's starting to pour rain.
You've got my approval.
633
00:26:08,540 --> 00:26:09,783
- Let's go for it.
- Alright.
634
00:26:09,887 --> 00:26:11,336
You have the approval.
Just do it.10 grand.
635
00:26:11,440 --> 00:26:12,441
Let's go.
I'm going to
draw it up for you.
636
00:26:12,544 --> 00:26:14,270
Let's just get it done.
637
00:26:14,374 --> 00:26:15,686
It's been a couple weeks,
638
00:26:15,789 --> 00:26:18,171
and we're still waiting on
Lake Mary to send an inspector
639
00:26:18,274 --> 00:26:21,346
out here to check on
our interior structural work.
640
00:26:21,450 --> 00:26:22,589
And we only have about a week
641
00:26:22,693 --> 00:26:25,454
left in our original
three-month timeline.
642
00:26:25,557 --> 00:26:28,319
Of our 250 grand
renovation budget,
643
00:26:28,422 --> 00:26:30,666
we've only spent about $80,000.
644
00:26:30,770 --> 00:26:33,082
It feels like we've barely
even started
645
00:26:33,186 --> 00:26:34,946
considering we still
haven't gotten through
646
00:26:35,050 --> 00:26:36,396
framing and plumbing.
647
00:26:36,499 --> 00:26:38,122
I'm nervous how long this flip
is going to take
648
00:26:38,225 --> 00:26:40,849
because every single week
that goes by from here,
649
00:26:40,952 --> 00:26:42,885
we're just eating
in our profits.
650
00:26:42,989 --> 00:26:49,961
♪
651
00:26:50,065 --> 00:26:51,825
Keith: Today we're finally
getting an inspector
652
00:26:51,929 --> 00:26:53,344
to sign off
on the structural work
653
00:26:53,447 --> 00:26:55,001
that we've done
inside the house.
654
00:26:55,104 --> 00:26:56,174
Hi.
655
00:26:56,278 --> 00:26:57,210
- Hi. How you doing?
- A little late.
656
00:26:57,313 --> 00:26:58,349
Good. Good.
657
00:26:58,452 --> 00:26:59,764
It looks like he got here
ahead of us,
658
00:26:59,868 --> 00:27:02,594
so hopefully he's already seen
what he needs to see
659
00:27:02,698 --> 00:27:04,044
and we're good to go.
660
00:27:04,148 --> 00:27:06,288
Upstairs here, you-- you guys
don't have any permitting.
661
00:27:06,391 --> 00:27:08,946
Maybe since the '70s.
662
00:27:09,049 --> 00:27:10,602
It's only supposed to
be an attic.
663
00:27:10,706 --> 00:27:12,846
It's never been permitted
to be occupied at all.
664
00:27:12,950 --> 00:27:15,193
I've been looking for the permit
all day. I haven't found it.
665
00:27:15,297 --> 00:27:16,539
Let's clarify this.
666
00:27:16,643 --> 00:27:19,335
You're saying the upstairs
was only ever an attic?
667
00:27:19,439 --> 00:27:21,855
It was never permitted
to be occupied?
668
00:27:21,959 --> 00:27:23,754
Correct. I can show you now.
You want to see?
669
00:27:23,857 --> 00:27:25,825
- Yeah. Yeah.
- Come on. Let's go look.
670
00:27:25,928 --> 00:27:28,690
Man, first we have trouble
getting inspections done.
671
00:27:28,793 --> 00:27:31,969
Then when we do,
hidden problems pop up.
672
00:27:32,072 --> 00:27:34,834
We're the first buyers of
this house in, like, 50 years.
673
00:27:34,937 --> 00:27:38,320
Apparently, some things
were done that got buried.
674
00:27:38,423 --> 00:27:40,736
They weren't flagged
on Seminole County's records,
675
00:27:40,840 --> 00:27:43,118
but they're being
uncovered now.
676
00:27:43,221 --> 00:27:44,602
Ashlee: Okay, so what are you
showing us?
677
00:27:44,706 --> 00:27:46,673
Upstairs never was permitted.
678
00:27:46,777 --> 00:27:48,433
So according to
the paperwork I have,
679
00:27:48,537 --> 00:27:50,470
upstairs has never been
deemed a dwelling.
680
00:27:50,573 --> 00:27:52,299
So...
681
00:27:52,403 --> 00:27:54,405
Upstairs has never been
- deemed a dwelling?
- Keith: Ohh.
682
00:27:54,508 --> 00:27:56,683
And I got to shut you down.
683
00:27:56,787 --> 00:27:58,616
When we bought it,
it was livable square footage.
684
00:27:58,720 --> 00:28:00,204
No,
it was an attic.
685
00:28:00,307 --> 00:28:02,137
The only way to access this
was those weird
686
00:28:02,240 --> 00:28:05,174
attic ladder door things.
That all make sense now.
687
00:28:05,278 --> 00:28:07,211
This was an attic, and somebody
just decided to live in it.
688
00:28:07,314 --> 00:28:10,662
It's not set for a live load.
It's engineered for static load
689
00:28:10,766 --> 00:28:12,457
that, you know,
you just store stuff in.
690
00:28:12,561 --> 00:28:14,080
Right. Correct.
691
00:28:14,183 --> 00:28:15,875
Keith: When we first submitted
our building plan,
692
00:28:15,978 --> 00:28:17,773
we got the green light
to start work.
693
00:28:17,877 --> 00:28:20,086
But it should have been flagged
because the upstairs
694
00:28:20,189 --> 00:28:23,123
was never actually approved
to carry live loads.
695
00:28:23,227 --> 00:28:24,884
Basically
people walking around.
696
00:28:24,987 --> 00:28:27,127
So even if our fixes
were strong enough,
697
00:28:27,231 --> 00:28:28,680
which I'm sure they are,
698
00:28:28,784 --> 00:28:31,269
we still got to start that
approval process from scratch
699
00:28:31,373 --> 00:28:32,754
and fix what they missed.
700
00:28:32,857 --> 00:28:34,548
We're probably going to
have to reinforce stuff
701
00:28:34,652 --> 00:28:35,826
if it's not sufficient.
702
00:28:35,929 --> 00:28:37,413
And they won't let us
do any work inside
703
00:28:37,517 --> 00:28:40,692
if this is considered unsafe
or otherwise not up to code.
704
00:28:40,796 --> 00:28:42,280
Ashlee:
This could be 50 grand.
705
00:28:42,384 --> 00:28:44,110
So we need to get an architect
to draw up proper plans.
706
00:28:44,213 --> 00:28:45,594
Then we have to go
to the engineers
707
00:28:45,697 --> 00:28:47,182
and we have to ask
for the permit,
708
00:28:47,285 --> 00:28:49,322
get the engineer to stamp it,
and then we're good to go.
709
00:28:49,425 --> 00:28:51,220
Oh, my God, that's going to take
so much time.
710
00:28:51,324 --> 00:28:52,566
This is definitely
going be a setback.
711
00:28:52,670 --> 00:28:53,947
Holy crap.
712
00:28:54,051 --> 00:28:55,880
You got to get your plans in,
but right now,
713
00:28:55,984 --> 00:28:57,571
I got to be
to my next appointment.
714
00:28:57,675 --> 00:29:00,160
So if you'll excuse me,
I'll see you guys later.
715
00:29:00,264 --> 00:29:01,679
- Alright.
- Okay. Thank you.
716
00:29:01,783 --> 00:29:03,785
- Yeah.
- How jacked up is this?
717
00:29:03,888 --> 00:29:05,717
We had a second floor
in a house,
718
00:29:05,821 --> 00:29:07,202
and now we don't have
a second floor in a house.
719
00:29:07,305 --> 00:29:09,376
It's like it got
taken away from us.
720
00:29:09,480 --> 00:29:11,827
This problem means
our structure is unsafe,
721
00:29:11,931 --> 00:29:13,484
and that's going
to shut us down.
722
00:29:13,587 --> 00:29:15,037
And that means
more interest payments
723
00:29:15,141 --> 00:29:16,832
on top of all these
unexpected costs
724
00:29:16,936 --> 00:29:19,731
like sprinkler systems
and the attic reinforcement.
725
00:29:19,835 --> 00:29:22,907
Let's go call an architect.
Let's get some CAD drawings.
726
00:29:23,011 --> 00:29:24,357
Everybody is
so busy right now,
727
00:29:24,460 --> 00:29:26,359
it's going to take months
to get an architect to do this.
728
00:29:26,462 --> 00:29:29,189
Well, guys, the way the money
is stacking up on this property,
729
00:29:29,293 --> 00:29:31,951
I mean, holy cow.
730
00:29:37,439 --> 00:29:43,479
♪
731
00:29:43,583 --> 00:29:45,240
Keith: Where are we
with the Lake Mary Flip?
732
00:29:45,343 --> 00:29:48,381
Because it feels like
it's getting expensive.
733
00:29:48,484 --> 00:29:51,660
We've been building there for,
what, four months now
734
00:29:51,763 --> 00:29:53,179
and we borrowed 700 grand,
735
00:29:53,282 --> 00:29:55,733
so our hard money payment
every month is 6 grand.
736
00:29:55,837 --> 00:29:57,769
And now with this wetlands issue
popping up,
737
00:29:57,873 --> 00:29:58,909
I think we're screwed.
738
00:29:59,012 --> 00:30:00,220
Keith: It's been several weeks
739
00:30:00,324 --> 00:30:02,050
since our Lake Mary flip
got shut down,
740
00:30:02,153 --> 00:30:03,879
and we're still trying to
line up an architect
741
00:30:03,983 --> 00:30:05,916
to design our second floor.
742
00:30:06,019 --> 00:30:07,572
Even worse, we were just told
743
00:30:07,676 --> 00:30:09,885
that this island
might be considered wetlands,
744
00:30:09,989 --> 00:30:11,922
which would require
a conservation plan.
745
00:31:07,425 --> 00:31:09,945
Between that and what we've
spent on the reno so far,
746
00:31:10,049 --> 00:31:11,774
we're in it for $600,000.
747
00:31:11,878 --> 00:31:13,742
We're not even halfway
through the renovation.
748
00:31:13,845 --> 00:31:16,641
It'll easily cost another 200
grand just to finish the house.
749
00:31:16,745 --> 00:31:17,919
Plus,
we're looking at another
750
00:31:18,022 --> 00:31:20,266
eight months of hard money
if we stay doing that.
751
00:31:20,369 --> 00:31:23,200
We originally hoped to make
over 100 grand on this property,
752
00:31:23,303 --> 00:31:25,305
but now we're looking at
an additional 50 grand
753
00:31:25,409 --> 00:31:27,721
in interest
which we didn't expect.
754
00:31:27,825 --> 00:31:29,827
When you add in
all the surprise expenses
755
00:31:29,931 --> 00:31:31,311
like wetland mitigation,
756
00:31:31,415 --> 00:31:33,796
our profit is heading
quickly towards zero.
757
00:31:33,900 --> 00:31:36,592
Okay, so look, this doesn't look
like it's going well,
758
00:31:36,696 --> 00:31:39,457
and we don't really have
a way through this.
759
00:31:39,561 --> 00:31:43,151
So what other solutions
are there?
760
00:31:43,254 --> 00:31:45,360
Try and sell it as is
to someone?
761
00:31:45,463 --> 00:31:47,396
Oh, my God, that's...
762
00:31:47,500 --> 00:31:48,570
Wait a minute.
763
00:31:48,673 --> 00:31:49,778
You guys remember
when we bought it?
764
00:31:49,881 --> 00:31:51,883
There was that developer
that reached out to us.
765
00:31:51,987 --> 00:31:53,471
The person who's developing
right down the road?
766
00:31:53,575 --> 00:31:55,128
Yeah, yeah, yeah, that--Yeah, yeah.
767
00:31:55,232 --> 00:31:57,096
And we were like,
"No, we got this. We're good."
768
00:31:57,199 --> 00:31:58,580
- Yeah.
- But we're not
so good anymore.
769
00:31:58,683 --> 00:32:00,547
Maybe we should
ring them up.
770
00:32:00,651 --> 00:32:02,584
Right now,
we're in it for $600,000.
771
00:32:02,687 --> 00:32:04,482
They have to pay
over $600,000.
772
00:32:04,586 --> 00:32:06,277
Yeah, that's a lot to ask
773
00:32:06,381 --> 00:32:08,797
for an unfinished house that's
plagued with permit problems.
774
00:32:08,900 --> 00:32:11,731
We do have over an acre
on that an island
775
00:32:11,834 --> 00:32:13,905
that they could
potentially parcel off along.
776
00:32:14,009 --> 00:32:16,184
Yeah, I mean, new construction
is not our thing,
777
00:32:16,287 --> 00:32:18,462
but a developer could
definitely split that lot.
778
00:32:18,565 --> 00:32:19,981
If somebody can get
three houses on there,
779
00:32:20,084 --> 00:32:24,364
that's only $200,000 per parcel
for lakefront island property.
780
00:32:24,468 --> 00:32:26,263
It's true.
Let me see
if I can make a contact
781
00:32:26,366 --> 00:32:27,574
and we'll go
talk to them.
782
00:32:27,678 --> 00:32:29,335
- Okay. I'm good with that.
- Justin, are you good?
783
00:32:29,438 --> 00:32:31,993
Dude, the price of
diesel fuel right now,
784
00:32:32,096 --> 00:32:35,134
if I never have to drive
to Lake Mary again, I'm A-okay.
785
00:32:35,237 --> 00:32:36,342
Yeah, seriously.
786
00:32:36,445 --> 00:32:37,860
Keith: I really wanted to see
this house
787
00:32:37,964 --> 00:32:40,277
become an awesome
private island getaway.
788
00:32:40,380 --> 00:32:42,865
But developers these days
are maximizing space
789
00:32:42,969 --> 00:32:45,040
and putting houses
onto smaller parcels.
790
00:32:45,144 --> 00:32:46,593
That might be the key
that helps us
791
00:32:46,697 --> 00:32:49,079
unload this money pit
of a flip.
792
00:32:49,182 --> 00:32:53,014
So let me make some phone calls
and see what I can come up with.
793
00:32:53,117 --> 00:33:02,195
♪
794
00:33:02,299 --> 00:33:04,404
Okay. So it should be
somewhere along here.
795
00:33:04,508 --> 00:33:06,751
Well, we're looking for
a construction site, right?
796
00:33:06,855 --> 00:33:08,270
Yep. That's it.
797
00:33:08,374 --> 00:33:10,962
Ashlee and I have tracked down
the developer, Babette,
798
00:33:11,066 --> 00:33:13,655
whom we first heard from
when we started our flip.
799
00:33:13,758 --> 00:33:15,312
We're going to pay her
a surprise visit
800
00:33:15,415 --> 00:33:17,590
at one of her projects.
801
00:33:17,693 --> 00:33:19,764
We know she was interested
in this property once.
802
00:33:19,868 --> 00:33:22,112
We're hoping that a good,
in-person upsell on this place
803
00:33:22,215 --> 00:33:24,045
will convince her
to come take a fresh look.
804
00:33:24,148 --> 00:33:25,149
Hello.
805
00:33:25,253 --> 00:33:26,150
- Hey.
- Oh, hey, there.
806
00:33:26,254 --> 00:33:27,600
How are you?
Good, good, good.
807
00:33:27,703 --> 00:33:29,395
- I'm Keith.
- Babette.
808
00:33:29,498 --> 00:33:31,328
- Hi. Ashlee.
- Ashlee, nice to meet you.
809
00:33:31,431 --> 00:33:32,777
We have a potential deal
for you.
810
00:33:32,881 --> 00:33:34,986
We have the property
in Lake Mary.
811
00:33:35,090 --> 00:33:37,058
I guess you're doing
- some development up there.
- Yeah.
812
00:33:37,161 --> 00:33:39,750
And we spoke months ago
when we first acquired it.
813
00:33:39,853 --> 00:33:40,854
I do remember.
You remember?
814
00:33:40,958 --> 00:33:42,063
I do. Mm-hmm.
815
00:33:42,166 --> 00:33:43,995
Do you remember very much
about the parcel?
816
00:33:44,099 --> 00:33:45,238
No, I don't.
817
00:33:45,342 --> 00:33:47,206
Let me show you.
818
00:33:47,309 --> 00:33:48,379
- Look at it.
- There it is. Yeah.
819
00:33:48,483 --> 00:33:49,691
- It's beautiful.
- Oh, yeah, yeah, yeah.
820
00:33:49,794 --> 00:33:51,141
- Yeah, it's amazing.
- It's beautiful.
821
00:33:51,244 --> 00:33:53,074
We believe you could put
three individual parcels on it.
822
00:33:53,177 --> 00:33:54,765
Okay.
It's an amazing spot
823
00:33:54,868 --> 00:33:56,836
because it's this island
that's in the middle of a lake
824
00:33:56,939 --> 00:33:59,701
with its own little
driveway path,
825
00:33:59,804 --> 00:34:03,256
and it's so unique, and there's
just nothing else like it.
826
00:34:03,360 --> 00:34:04,740
- Yeah.
- It's interesting.
827
00:34:04,844 --> 00:34:06,984
Yeah, the thing about it is
we've half renovated
828
00:34:07,088 --> 00:34:08,089
the house that's there.
829
00:34:08,192 --> 00:34:09,538
There's like
a 3,000-square-foot house.
830
00:34:09,642 --> 00:34:12,162
- Okay.
- And you could technically
just rehab that
831
00:34:12,265 --> 00:34:13,956
if you wanted,
finish that off.
832
00:34:14,060 --> 00:34:15,579
Yeah, but splitting the lot,
though, I think
833
00:34:15,682 --> 00:34:18,513
that's where the money's
probably at there.
834
00:34:18,616 --> 00:34:20,308
And this has its own access,
you're saying,
835
00:34:20,411 --> 00:34:23,794
to get to the area,
and it's the only access there?
836
00:34:23,897 --> 00:34:25,175
- It is.
- It's the only access.
837
00:34:25,278 --> 00:34:26,555
That's why we've run
into a few issues.
838
00:34:26,659 --> 00:34:27,729
But we've fixed
all of that.
839
00:34:27,832 --> 00:34:29,351
We've had a tough time
with permits,
840
00:34:29,455 --> 00:34:32,320
but basically the upper level
was never permitted.
841
00:34:32,423 --> 00:34:33,735
We have an engineer
looking into it.
842
00:34:33,838 --> 00:34:37,152
The problem is the timeline
for us is a little long.
843
00:34:37,256 --> 00:34:39,499
So-- But for someone like you
who's already developing
844
00:34:39,603 --> 00:34:43,400
in that neighborhood,
it'd probably work out.
845
00:34:43,503 --> 00:34:44,918
We were thinking,
846
00:34:45,022 --> 00:34:46,403
because it's very far
from our house,
847
00:34:46,506 --> 00:34:47,852
from where we live,
848
00:34:47,956 --> 00:34:49,199
that we kind of
want to offload it,
849
00:34:49,302 --> 00:34:50,545
if possible,
to someone else.
850
00:34:50,648 --> 00:34:53,479
So we thought we'd come
to you first.
851
00:34:53,582 --> 00:34:57,379
What do you think?
Would you be willing to stop by?
852
00:34:57,483 --> 00:34:58,967
So let's do this.
853
00:34:59,070 --> 00:35:01,349
Since I'm so busy,
let me give you a call back
854
00:35:01,452 --> 00:35:03,972
and then I'm going to let you
know when I'm in the area.
855
00:35:04,075 --> 00:35:05,249
And then possibly
you can meet.
856
00:35:05,353 --> 00:35:06,733
- How's that?
- Perfect.
857
00:35:06,837 --> 00:35:07,734
- That sounds great.
- Yeah, I think you're
going to love it.
858
00:35:07,838 --> 00:35:09,564
Keith: Step one, done.
859
00:35:09,667 --> 00:35:11,531
Now we just have to be prepared
to dazzle her
860
00:35:11,635 --> 00:35:13,223
with the property
when she comes out.
861
00:35:13,326 --> 00:35:14,258
Thank you, guys.
862
00:35:14,362 --> 00:35:15,156
Alright. Take care.
863
00:35:15,259 --> 00:35:16,743
- Bye.
- Bye.
864
00:35:16,847 --> 00:35:24,372
♪
865
00:35:24,475 --> 00:35:25,580
Ashlee: So you think
this developer
866
00:35:25,683 --> 00:35:27,651
is going to buy this house?
867
00:35:27,754 --> 00:35:29,135
I don't know, man.
868
00:35:29,239 --> 00:35:30,964
I mean, the numbers
got to work for her, right?
869
00:35:31,068 --> 00:35:33,760
Developing is all about
- making the numbers work.
- Yeah.
870
00:35:33,864 --> 00:35:35,969
Babette the developer agreed
to meet with us today
871
00:35:36,073 --> 00:35:37,799
for a tour of
the Lake Mary property.
872
00:35:37,902 --> 00:35:39,352
This is our best
873
00:35:39,456 --> 00:35:42,942
and maybe our only chance
to sell this property.
874
00:35:43,045 --> 00:35:45,703
We got company. Yes.
875
00:35:45,807 --> 00:35:47,015
Hey.
876
00:35:47,118 --> 00:35:48,499
Hey, Babette. Hey.
877
00:35:48,603 --> 00:35:50,570
- Thanks for coming out.
- Absolutely.
878
00:35:50,674 --> 00:35:51,882
Nice seeing you guys again.
879
00:35:51,985 --> 00:35:53,435
- For sure.
- So this is the property.
880
00:35:53,539 --> 00:35:55,920
- It is.
- So what'd you think driving in?
881
00:35:56,024 --> 00:35:57,543
Yeah, it's, um...
882
00:36:00,339 --> 00:36:01,443
Definitely...
883
00:36:06,345 --> 00:36:07,794
A lot of nature.
- [ Chuckles ] Unique.
884
00:36:07,898 --> 00:36:09,037
You glad you have
your four-wheel drive?
885
00:36:09,140 --> 00:36:10,245
SUV,
yeah, definitely.
886
00:36:10,349 --> 00:36:12,005
You know, it's--
it's beautiful out here.
887
00:36:12,109 --> 00:36:14,007
We've been working on it
for quite some time.
888
00:36:14,111 --> 00:36:15,388
We'd love to give you
a walkthrough.
889
00:36:15,492 --> 00:36:17,287
Great. Yeah, show me.
890
00:36:17,390 --> 00:36:18,426
Ashlee: Did you notice
on the drive in
891
00:36:18,529 --> 00:36:19,703
how large the property is?
892
00:36:19,806 --> 00:36:20,945
It's huge.
If you were going
893
00:36:21,049 --> 00:36:22,740
to divide it up,
you could have a house there,
894
00:36:22,844 --> 00:36:24,639
over there,
and possibly over there.
895
00:36:24,742 --> 00:36:26,779
Yeah.
- Very nice.
- And keep this.
896
00:36:26,882 --> 00:36:29,506
Right here, we have basically
a porte-cochère.
897
00:36:29,609 --> 00:36:31,991
It's not a full drive through,
exit out the other side.
898
00:36:32,094 --> 00:36:34,131
It's a porte-cochère
where you pull under it
899
00:36:34,235 --> 00:36:35,684
and stop and park.
900
00:36:35,788 --> 00:36:37,583
But it does provide cover
from the weather.
901
00:36:37,686 --> 00:36:38,756
So it's super convenient.
902
00:36:38,860 --> 00:36:40,586
There's no garage,
so there's a really--
903
00:36:40,689 --> 00:36:43,174
This is kind of
what we're doing instead, right?
904
00:36:43,278 --> 00:36:44,969
That could potentially
be a problem
905
00:36:45,073 --> 00:36:46,868
if we don't have a garage
'cause...
Mm-hmm.
906
00:36:46,971 --> 00:36:48,214
...who doesn't need a garage?
But go ahead.
907
00:36:48,318 --> 00:36:49,457
Well, let's take
a look inside.
908
00:36:49,560 --> 00:36:50,803
We'll show you what we got
going on inside.
909
00:36:50,906 --> 00:36:52,736
Alright.
910
00:36:52,839 --> 00:36:55,186
On your left, we'll start
with the living room.
911
00:36:55,290 --> 00:36:56,671
It was so dark in here.
912
00:36:56,774 --> 00:36:59,708
There were a dark bookcases the
whole way down both walls here.
913
00:36:59,812 --> 00:37:00,985
We brightened it up
914
00:37:01,089 --> 00:37:02,953
by getting rid of the dark
and weird decor.
915
00:37:03,056 --> 00:37:05,507
But we did keep some of
the more unique features.
916
00:37:05,611 --> 00:37:09,684
We have what we believe
is authentic Disney glass.
917
00:37:09,787 --> 00:37:11,548
We recently discovered
this house was built
918
00:37:11,651 --> 00:37:14,654
at the same time as Cinderella's
Castle at Walt Disney World.
919
00:37:14,758 --> 00:37:16,380
The builder had
a connection to Disney,
920
00:37:16,484 --> 00:37:19,763
and we believe those were left
over from the castle building.
921
00:37:19,866 --> 00:37:21,109
Well, that's pretty neat.
922
00:37:21,212 --> 00:37:22,559
That's a selling point
in itself. I like that.
923
00:37:22,662 --> 00:37:24,526
Justin:
Cinderella Castle windows.
924
00:37:24,630 --> 00:37:28,358
You got King Arthur's
light fixtures, you know.
925
00:37:28,461 --> 00:37:30,049
Loving the chandeliers, yes.
926
00:37:30,152 --> 00:37:31,913
This room
could be really anything,
927
00:37:32,016 --> 00:37:34,950
but I think it's like the
coolest entertaining room ever.
928
00:37:35,054 --> 00:37:37,401
This is what we had kind
of envisioned for this room.
929
00:37:37,505 --> 00:37:39,058
- Mm-hmm.
- So the huge chandeliers
930
00:37:39,161 --> 00:37:41,785
and gorgeous fireplace
with the quartz.
931
00:37:41,888 --> 00:37:44,166
Very clad marble.
Yeah, I love the layout.
932
00:37:44,270 --> 00:37:45,651
I love the space in here.
933
00:37:45,754 --> 00:37:46,721
Alright,
let's go see the kitchen.
934
00:37:46,824 --> 00:37:47,860
'Cause we got
some really cool plans
935
00:37:47,963 --> 00:37:49,448
that would be great
for the kitchen.
936
00:37:49,551 --> 00:37:51,519
You should have seen this place
when we first walked in.
937
00:37:51,622 --> 00:37:53,383
The kitchen was very tiny.
938
00:37:53,486 --> 00:37:55,488
It was crammed with
faux wood cabinets
939
00:37:55,592 --> 00:37:57,110
and outdated appliances.
940
00:37:57,214 --> 00:37:58,595
Super ugly.
941
00:37:58,698 --> 00:38:00,735
Ashlee: But as you can see,
we've really opened it up
942
00:38:00,838 --> 00:38:02,426
just to maximize the space.
943
00:38:02,530 --> 00:38:04,670
- Isn't it incredible?
- Yes, it is nice.
944
00:38:04,773 --> 00:38:06,775
The kitchen that Ash and I
have come up with,
945
00:38:06,879 --> 00:38:08,639
it is so Mac Daddy.
946
00:38:08,743 --> 00:38:10,261
So basically what
we were thinking
947
00:38:10,365 --> 00:38:11,470
was something along
the lines of this.
948
00:38:11,573 --> 00:38:14,093
So we've already piped in
plumbing and electric
949
00:38:14,196 --> 00:38:16,475
for the huge island.
- For the island.
950
00:38:16,578 --> 00:38:18,373
It's like a 10-foot island
over there.
951
00:38:18,477 --> 00:38:20,789
So the island is actually going
to be right in the middle.
952
00:38:20,893 --> 00:38:22,204
And then you're going to be
looking at the water.
953
00:38:22,308 --> 00:38:24,379
Yes, so you're looking at
the pool, looking at the water.
954
00:38:24,483 --> 00:38:26,761
This is the wet bar area
955
00:38:26,864 --> 00:38:29,488
with a large fridge
for wine here.
956
00:38:29,591 --> 00:38:31,179
And then over here,
we had kind of envisioned
957
00:38:31,282 --> 00:38:32,387
a breakfast nook.
958
00:38:32,491 --> 00:38:33,630
I like it. I like it.
959
00:38:33,733 --> 00:38:35,390
So let's check out
the rest of the house.
960
00:38:35,494 --> 00:38:39,014
Ashlee: So this is the master
bedroom downstairs.
961
00:38:39,118 --> 00:38:40,222
Remember this room
beforehand?
962
00:38:40,326 --> 00:38:41,983
Yeah,
it was a large space,
963
00:38:42,086 --> 00:38:45,400
but the flow through the closet
and the bathroom was horrible.
964
00:38:45,504 --> 00:38:46,850
So this is what we were envisioning
965
00:38:46,953 --> 00:38:48,265
for the principal bedroom.
966
00:38:48,369 --> 00:38:49,991
Very chic, very modern,
967
00:38:50,094 --> 00:38:51,786
really beautiful,
huge chandelier.
968
00:38:51,889 --> 00:38:53,339
- I like it.
- Yeah.
969
00:38:53,443 --> 00:38:55,928
And then this actually is the
closet for this room. It's huge.
970
00:38:56,031 --> 00:38:57,723
- Oh, nice.
- Yeah.
971
00:38:57,826 --> 00:38:59,863
This room has vaulted ceilings
in the closet.
972
00:38:59,966 --> 00:39:02,003
Definitely I love the heights
of the ceiling.
973
00:39:02,106 --> 00:39:03,418
And then
if you walk this way,
974
00:39:03,522 --> 00:39:05,662
this is the huge
master bathroom.
975
00:39:05,765 --> 00:39:08,492
Keith: It didn't start out huge,
that's for sure.
976
00:39:08,596 --> 00:39:10,805
Yeah, it was a super awkward
little corridor to get in there.
977
00:39:10,908 --> 00:39:12,323
Wasn't really attached
to a bedroom.
978
00:39:12,427 --> 00:39:14,705
It was so bizarre.
Just a very funny layout.
979
00:39:14,809 --> 00:39:16,258
But now it's really
big and spacious.
980
00:39:16,362 --> 00:39:18,226
It's a great size for
a luxury en suite.
981
00:39:18,329 --> 00:39:19,676
Huge double vanity,
982
00:39:19,779 --> 00:39:21,505
and then a massive shower
right here.
983
00:39:21,609 --> 00:39:24,577
And that transom window we added
really brightens up the space.
984
00:39:24,681 --> 00:39:25,923
So you get a lot of nice
light in here,
985
00:39:26,027 --> 00:39:27,718
but have all the privacy
that you need.
986
00:39:27,822 --> 00:39:28,995
That's definitely
another selling point.
987
00:39:29,099 --> 00:39:30,549
I love the lighting.
988
00:39:30,652 --> 00:39:32,689
And here we have our downstairs
junior master suite.
989
00:39:32,792 --> 00:39:34,138
Justin:
And you got to love this house.
990
00:39:34,242 --> 00:39:36,486
Junior suites bigger than
most people's master suites.
991
00:39:36,589 --> 00:39:38,419
Keith: Yeah,
this was two bedrooms,
992
00:39:38,522 --> 00:39:42,215
and we actually put this beam up
to join them.
993
00:39:42,319 --> 00:39:44,632
- Fantastic idea.
- Put your bed here.
994
00:39:44,735 --> 00:39:46,806
King-size bed.
And you've got this gorgeous
995
00:39:46,910 --> 00:39:48,981
sliding door outside.
- That's great.
996
00:39:49,084 --> 00:39:50,500
Yeah, the view is wonderful.
997
00:39:50,603 --> 00:39:51,742
Ashlee: Let's show you the rest.
998
00:39:51,846 --> 00:39:53,399
There was no stairs here
when we first got here.
999
00:39:53,503 --> 00:39:54,711
It was just a ladder.
1000
00:39:54,814 --> 00:39:56,126
Justin: This upstairs area
seemed to be
1001
00:39:56,229 --> 00:39:57,610
used as like
a living space,
1002
00:39:57,714 --> 00:40:00,406
but it still had
that creepy attic vibe.
1003
00:40:00,510 --> 00:40:02,581
Keith: Now, not only does it
have proper access,
1004
00:40:02,684 --> 00:40:04,030
but it's got natural light
1005
00:40:04,134 --> 00:40:06,964
and all the makings
of a third master bedroom.
1006
00:40:07,068 --> 00:40:08,276
But there was
one problem.
1007
00:40:08,379 --> 00:40:10,589
The previous owner
turned it into a living space,
1008
00:40:10,692 --> 00:40:12,073
but he never
permitted it.
1009
00:40:12,176 --> 00:40:15,041
It's easily fixable
with some basic reinforcement.
1010
00:40:15,145 --> 00:40:17,216
It's just a matter of navigating
the permitting process.
1011
00:40:17,319 --> 00:40:19,667
We were thinking of staging it
either as a game room--
1012
00:40:19,770 --> 00:40:21,013
Justin: A game room,
a movie theater.
1013
00:40:21,116 --> 00:40:22,773
- Like a media room, yes.
- Yeah.
1014
00:40:22,877 --> 00:40:24,913
- Okay.
- But either way, you know,
1015
00:40:25,017 --> 00:40:27,191
we did build it out
to be another master.
1016
00:40:27,295 --> 00:40:31,333
So it does have a proper huge
bathroom, a proper huge closet,
1017
00:40:31,437 --> 00:40:33,681
and then
a proper-sized master.
1018
00:40:33,784 --> 00:40:34,889
I like it. I like it.
1019
00:40:34,992 --> 00:40:36,580
And remember,
there's that pool out back
1020
00:40:36,684 --> 00:40:39,376
which could be fixed up
really gorgeous too.
1021
00:40:39,480 --> 00:40:41,792
Now that you've seen the house
and the plans for it
1022
00:40:41,896 --> 00:40:43,449
and where we're at
with the house,
1023
00:40:43,553 --> 00:40:46,176
the rest of the value
proposition is in the land
1024
00:40:46,279 --> 00:40:47,936
and what could be--
what can be done with it.
1025
00:40:48,040 --> 00:40:49,835
We know for sure,
after looking at the site plan,
1026
00:40:49,938 --> 00:40:53,804
that we can put two properties
on it, maybe a third.
1027
00:40:53,908 --> 00:40:55,565
What's going to be required
going forward
1028
00:40:55,668 --> 00:40:56,669
is new construction.
1029
00:40:56,773 --> 00:40:57,877
New construction's
not what we do,
1030
00:40:57,981 --> 00:41:00,052
so that's
where you come in.
1031
00:41:00,155 --> 00:41:03,193
Mm.
So what do you think?
1032
00:41:03,296 --> 00:41:05,506
So I was thinking,
1033
00:41:05,609 --> 00:41:07,646
with everything
we just walked through,
1034
00:41:07,749 --> 00:41:10,372
I think, say, $500,000.
1035
00:41:10,476 --> 00:41:12,651
Ooh. Mm.
1036
00:41:12,754 --> 00:41:14,825
We want to move on,
but not that badly.
1037
00:41:14,929 --> 00:41:17,690
Yeah,
we were looking for $700,000.
1038
00:41:17,794 --> 00:41:20,037
Like, realistically,
we could take a little bit less,
1039
00:41:20,141 --> 00:41:23,696
but we're not
in the $500,000 range.
1040
00:41:23,800 --> 00:41:25,491
I'm taking it
off your hands.
1041
00:41:25,595 --> 00:41:27,562
Yeah, but this is a--
this has so much potential,
1042
00:41:27,666 --> 00:41:29,253
and we know we'll be able
to find a buyer
1043
00:41:29,357 --> 00:41:30,358
a little higher than that.
1044
00:41:30,461 --> 00:41:32,222
How about $650,000?
1045
00:41:34,707 --> 00:41:36,191
That's still going
above my budget.
1046
00:41:36,295 --> 00:41:39,781
I'm thinking that's not going
to hit the numbers for me.
1047
00:41:39,885 --> 00:41:42,957
Maybe the max, $600,000.
1048
00:41:43,060 --> 00:41:45,787
I mean, that's--
that's-- that's the best,
1049
00:41:45,891 --> 00:41:49,446
best that I could do.
1050
00:41:49,550 --> 00:41:51,413
So do we have a deal?
1051
00:41:51,517 --> 00:41:53,139
We have so many other jobs
that we can do in town
1052
00:41:53,243 --> 00:41:54,485
that this is
holding us up on
1053
00:41:54,589 --> 00:41:56,487
'cause it's tying up
our money and time.
1054
00:41:56,591 --> 00:41:58,455
I say we do it.
1055
00:41:58,559 --> 00:41:59,939
- Alright.
- Sounds like a deal.
1056
00:42:00,043 --> 00:42:01,354
- Alright. You got a deal.
- Awesome.
1057
00:42:01,458 --> 00:42:02,839
- Thank you, Babette.
- Thank you, guys.
1058
00:42:02,942 --> 00:42:04,703
So this flip didn't end the way
we wanted it to,
1059
00:42:04,806 --> 00:42:06,083
and that's unfortunate.
1060
00:42:06,187 --> 00:42:08,258
But it's important to understand
that in this business,
1061
00:42:08,361 --> 00:42:09,915
nobody bats 1,000,
1062
00:42:10,018 --> 00:42:13,056
and frequently discretion can be
the better part of valor.
1063
00:42:13,159 --> 00:42:16,369
Making the decision to sell it
allowed us to break even
1064
00:42:16,473 --> 00:42:18,958
and move on to other projects
that will make money.
1065
00:42:19,062 --> 00:42:20,926
And that's a lesson
we can all learn from.
1066
00:42:21,029 --> 00:42:22,410
Ashlee:
So selling for 600K means
1067
00:42:22,513 --> 00:42:24,343
we get out in one piece
not any richer,
1068
00:42:24,446 --> 00:42:27,173
but definitely wiser about
the pitfalls of our profession.
1069
00:42:27,277 --> 00:42:28,589
It's time to get back to Orlando
1070
00:42:28,692 --> 00:42:30,660
and find some zombies
closer to home.