- 2 days ago
tele: https://t.me/TopFilmUSA1
#film#shows#usa#usashows#hot#filmhot
#film#shows#usa#usashows#hot#filmhot
Category
😹
FunTranscript
00:05I'm James Daner.
00:06I've done over a billion dollars worth of real estate deals in greater Seattle.
00:11Big money.
00:12Now my team and I are partnering with other flippers.
00:15Hello.
00:16Taking on zombie houses.
00:18Rundown properties.
00:19Oh my God.
00:20No one else wants.
00:21Close the door, bro.
00:23And turning them into stunning million dollar homes.
00:27Let's make some money.
00:28All right.
00:28I make the plan.
00:29Put up all the cash.
00:31I'm ready.
00:31And split the profit with our flip partners 50-50.
00:35But it's up to them to put in the work.
00:37There we go.
00:38And to see it through.
00:40This doesn't go well.
00:41I have to take it back and you're out the deal.
00:43What happens?
00:43I'm all in.
00:44Let's bring these zombies back to life.
00:48Zombie!
00:55New day, new deals.
00:56Let's make some money.
00:57We got a hot one today.
00:58I got an urgent call this morning from a flipper I know in Seattle.
01:02Jared.
01:03Jared is an interesting investor.
01:05I have bid against him on at least 50 houses and we seem to keep bidding each other up.
01:11He thinks he's kind of big time.
01:12He definitely tries to keep up with me.
01:14Mm-hmm.
01:15He's like that little Jimmy.
01:17Little Jimmy Jr.
01:18Yeah, little Jimmy Jr.
01:19Is he angry all this time?
01:21You know I love a deal.
01:23Jared, he has a hot lead on a house in the Ravenna neighborhood.
01:27That's a great start.
01:30Who doesn't love Ravenna?
01:32Everyone wants to live there.
01:33The houses have so much character.
01:35You've got tree-lined streets.
01:37It's one of the most desirable neighborhoods in all of Seattle.
01:41What's the catch?
01:42I know.
01:42I feel like there's too many good things happening.
01:44What's really going on?
01:45Jared loves design.
01:47He like prides himself on it.
01:49But he tends to have a problem going over budgets.
01:52I mean, all of this sounds amazing.
01:54Yeah, being broke sounds amazing, doesn't it?
01:57If we do this deal with him, we're going to need to watch the budget, watch the pricing,
02:01and handle it.
02:02So this could be a fun little partnership.
02:05Or it could be catastrophic.
02:07Some things never change, Megan.
02:08Nope.
02:09I'm excited to see the house.
02:10I love a good deal.
02:12All right, guys, here we go.
02:13But if he wants me to just bankroll this and do it his way, that's not what I'm signing
02:18up for.
02:19There's little Jimmy Jr. right now.
02:20Oh, that's him, huh?
02:21Let's see how this goes.
02:24What's up, Jimmy?
02:25My name's Jared, and I'm a local real estate developer in Seattle.
02:28I like to make really cool houses.
02:30How goes, man?
02:31Good.
02:31That's why I'm here.
02:32It was nice to get your phone call, because usually when we're running in the same house,
02:36I'm going, what's he bidding this thing to?
02:38Honestly, all my capital is tied up on other projects, and I just really think it's time
02:41we partner on this thing, and then I can use your money, and we can both make some.
02:45Right?
02:46I haven't committed to pay for it yet.
02:49I think this would be a good one for us to finally cut our teeth together on.
02:53It's got the charm.
02:54Built in 1918.
02:55It's about 2,400 square feet.
02:57Currently, it's a two-bed, two-bath on the top level.
03:01Do we have the space that we could get?
03:03Bedrooms.
03:03Yeah.
03:04And we can do it.
03:05But we're going to have to finish the entire basement.
03:07This is a beautiful street.
03:09I do like the barrel roof.
03:10A lot of natural charm.
03:11I mean, this is stuff we can't replicate, but I don't think this has been touched in 100 years.
03:161920s, man, it's always a challenge.
03:18I see retrofit windows, scraping all the paint.
03:21The roof is smoked.
03:22The gutters are smoked.
03:23The chimney's questionable.
03:24There's a lot going on, and we haven't even stepped through the front door.
03:26It's not a small project, but I think we're going to get this at a good deal.
03:30It's going up for like $900,000.
03:33This needs a little love, but this neighborhood has a huge range in sale prices.
03:38I mean, we can sell an upstated property anywhere from 1.2 all the way up to 1.65.
03:43That's good news.
03:44The numbers work.
03:45But man, a lot of activity on this, so we got to make a decision today.
03:49Today?
03:49Are you serious?
03:50I mean, is the inside a little bit better than the outside, dude?
03:51Because this thing is beat.
03:53Do you have like a taser with you?
03:55There's a reason that it says no trespassing on that.
03:58I'm not scared of anything.
03:59It's taking a loss.
04:00Let's go check this thing out.
04:01All right, all right, all right.
04:02I really want to get this deal done today with Jimmy, because I'm ready if he's ready.
04:08It's a good one.
04:10What?
04:11God dang it.
04:11This is disgusting.
04:13It smells like peel.
04:15Took me by surprise.
04:17What, what, you knew?
04:17I thought I was doing good.
04:19How's it up, Ryan?
04:21Once we get all this junk out of here, it'll get better.
04:24Holy crap.
04:25How do you salvage this?
04:27The amount of water that could be running through the ceilings here.
04:30This thing is rotted out.
04:32It's leaking everywhere.
04:35Oh, man.
04:36Oh.
04:37We have more of that around here.
04:38You're skimming out the whole house.
04:40The lath and plaster alone, thousands of dollars.
04:42I will admit, this corner, I've seen better days.
04:45But I think there's some aspects we can keep.
04:47I do like the co-ceilings.
04:49This is pretty cool.
04:49You guys in your fancy finishes.
04:51Jared, this house is rotted out.
04:53Jimmy!
04:54Man down, man down!
04:56Oh my gosh, that's so dangerous.
04:58Did you cut yourself?
04:59I'm good, I'm good.
05:01Watch where you step, guys.
05:03This house is fighting back.
05:04Let's keep moving, keep moving.
05:06We haven't gotten in the house yet.
05:07It gets better.
05:08From here, we have the dining room.
05:10This is my favorite room of the house.
05:11All the detail work throughout here, the trim, the ceiling, even these built-ins.
05:17This is the type of things that buyers just gravitate to.
05:20I think it would be such a game changer if we could restore this.
05:25Hey, you walked from me.
05:26Remember that?
05:27Stop looking at me like that.
05:29It's got that, like, Grandma Chic vibe.
05:31Grandma Chic?
05:31It's a thing.
05:33I will say, I'm on the same page with you with this.
05:35I think we're going to have a hard time getting the Grandma Chic smell out of here.
05:38But if you can do it, it's a win.
05:42I don't know if I'm enjoying this partnership.
05:45Listen, I think we can still revive this.
05:47This might be why you keep going over budget.
05:50Because it's mad.
05:51For me to do this deal with Jared today, he does need to agree to follow my rules.
05:57We have to make it look good, but you've got to control yourself.
06:00All right, guys, let's go to the kitchen.
06:01Oh, avocado, baby.
06:03Terrific first impression, Jared.
06:06Rotted walls, trash everywhere.
06:09It seems like someone's been using the sink as a bathroom because it reeks in here.
06:13It does reek in here.
06:14How do you even build a million-dollar kitchen in this space?
06:17Anything's possible, right?
06:19With enough money.
06:20This is something we have to address because we can't sell a house with a cave for a kitchen.
06:25These are what they call squatter blinds?
06:27Yeah, those are custom window coverings.
06:29Jared, there is no people in here, right?
06:30They've been living in here for sure.
06:32Yeah.
06:32What's in this fridge?
06:33Oh, don't do it.
06:34Brian, dude.
06:36Oh, my God.
06:36What do you think's in there, bro?
06:38That's 100-year-old peanut butter.
06:39Oh, my God.
06:40I've actually never seen that before.
06:42Gross.
06:42It turned black.
06:44Peanut.
06:45Oh.
06:45She used to look good, though.
06:48All right, let's look at the rest of this house because I'm racking this in my parade.
06:54This is our new primary.
06:55You got really good ceiling height in here.
06:57You have extra windows in the back.
06:58You already got a piano in it.
07:00What do you think?
07:00Grandma's got some sass.
07:02You and your grandma, she.
07:04Everything's sticky.
07:05Please don't make this off.
07:06Oh, no.
07:07I don't want that.
07:08Jimmy.
07:09Don't look up.
07:10Keep your eyes down.
07:10What is that?
07:11Sketchy is what it is.
07:12I don't know.
07:13I just see nice trim around the windows, great ceiling height.
07:17We can replace that, right?
07:19You know, I knew I liked Megan.
07:20She's got really good taste, just like me.
07:24Let's keep walking through the house.
07:27I mean, what do we got down here, Jared?
07:30What the hell?
07:31Oh, how convenient.
07:32I can go to the bathroom in two spots?
07:34Why are these side by side?
07:35I'll admit, a little confusing.
07:37Look at this, dude.
07:38This place is just falling apart.
07:40I have no idea what that fluid is.
07:42I don't either, man.
07:43Holy s***, Jared.
07:45Oh, my gosh.
07:46Oh, the smell.
07:47That is disgusting.
07:48I'm with you, but can we move on?
07:50Seriously, I'm out.
07:52Come around the corner.
07:53This bathroom's better.
07:54How is it better?
07:55This one stinks, too.
07:56Wait till you see the toilet paper right here.
07:59Oh, don't touch it, Jimmy.
08:01Oh, my God.
08:02That one said that was a good idea.
08:03You better burn those shoes.
08:05Both these bathrooms, they're going to cost a serious amount of money to renovate.
08:08Gross.
08:09Don't let that ruin it.
08:10Let's move on.
08:11All right, around the corner.
08:12There's a doorway there?
08:14What is going on with this main floor?
08:17Dude, what is this?
08:18Now we're in the front bedroom.
08:20This is a maze of a house.
08:22Yeah.
08:23We're right back where we started.
08:25Are we making money on this?
08:26It needs a lot of love.
08:27Just trust the process.
08:29We got almost 1,300 square feet on this one level.
08:32I think we're going to have the room that we need.
08:34This is our first time together, dude.
08:36This is an ungodly amount of money that has to be put into this house.
08:40And we like these things.
08:41But you're moving too fast.
08:42I'm not into sleeping over on the first night.
08:44Oh, s***.
08:45Oh, all right.
08:46Megan's got my back, okay?
08:47You can see it a little bit, right?
08:49I'm going to try to get fired for you, Jared.
08:51All right, fair enough.
08:52I'll show you the basement.
08:54Basement is where we're going to get all the money back.
08:56It's where all the magic happens.
08:58Is this magical?
09:00Oh, look.
09:01More garbage.
09:02Holy smokes.
09:03Jared, thanks for rolling out the red carpet for me, man.
09:06Dude, the trash cost me.
09:08Trash aside, though, we got a wide open canvas, tall ceilings.
09:12We create the right floor plan down here.
09:14I do see a lot of potential.
09:15Let's check out the backyard.
09:17Nice door in the way.
09:18No big deal.
09:19Let us out.
09:20I got you guys.
09:22Good thing we had muscles go first.
09:24Don't worry about the encampment we have.
09:26We're going to look past this.
09:28I like the yard space, but it needs to be totally wiped out.
09:32Yeah.
09:32It's pretty up.
09:33It's pretty up.
09:35But you can actually have a nice deck up here,
09:37where you can hang out.
09:38You're not going to be looking at your neighbors.
09:40And then we have a nice little garage on the other side of this.
09:43Wow.
09:44This is a garage?
09:45It was a garage.
09:47There's no one inside.
09:49Oh, yeah.
09:51More smells.
09:51Bonus.
09:52Oh, I mean, look at this.
09:54That doesn't look like a good idea.
09:55A little janky.
09:59Oh, yeah.
10:00This is a great garage.
10:01Aye, aye, aye.
10:02This is a zombie garage.
10:05Everything needs to be rebuilt.
10:06This thing is rotted to the max.
10:09So even though it's pretty dilapidated,
10:12this is super key to selling a house in Seattle.
10:15I agree.
10:16We have to keep the garage,
10:17but there's money that's getting spent here.
10:19I'm worried about the budget.
10:21I mean, Ryan, what are you thinking we're at right now?
10:23It's everything we've seen so far.
10:25We need to repair the exterior
10:26and give this thing a whole new roof.
10:28All the demo, all the trash.
10:31The top floor has major layout issues,
10:33and we need to build the entire basement,
10:35plus this yard and the garage.
10:38$250,000.
10:39Can you do it?
10:40I think I can.
10:41You understand.
10:42It's $250,000.
10:44Like, no matter what.
10:46I want to be up front with you, man.
10:47I'm not going to blow smoke.
10:48I can do it for $250,000.
10:51You don't look like you believe me.
10:55We got to get off the pot, man.
10:57It's time to make a decision.
10:58Okay, you got to give me 10 minutes.
10:59Yeah.
10:59I want to talk to Megan and Ryan real quick.
11:00All right, I'll give you your minute.
11:02I always have concerns about partnering
11:04with experienced flippers.
11:05I need them to follow direction,
11:07and sometimes they like to do what they want.
11:09What did he say?
11:10The house.
11:11It's very cute.
11:11Not crazy about the main floor,
11:13but we can fix that.
11:13I think we can make it happen.
11:15You just don't want to manage a new flipper.
11:16Maybe.
11:17I like that Jared knows what he's doing,
11:19especially on a bigger house.
11:20But the math still has to make sense.
11:21Yeah.
11:22We can get this place for $900,000.
11:24What do you even think we can sell this thing for?
11:27This house will have all of the right spaces
11:29when it's done.
11:30I like the street.
11:31I like the charm.
11:32So I do think we could do the $155,000 or $16,000 even.
11:36You have a lot of skepticism on your face.
11:39Jared tends to spend more on his project.
11:41His track record says he's going over.
11:43I'm not scared.
11:44Well, I'm glad you don't feel nervous about my money.
11:46Jimmy's the one that's usually pushing the deal.
11:49Like, why is he questioning it so much?
11:51All right, let's talk to Jared.
11:52I know the time's taken.
11:53If the math is there, I'm willing to take on an operator
11:56that might be a little bit of a pain in my ass.
11:59All right.
12:00But if me and him aren't on the same page,
12:03I'm definitely out of this deal.
12:04Jared, on this deal, you have to hit this $250,000 budget.
12:08If this thing starts going out of control,
12:10I have to take it back, and we're going to finish it ourselves.
12:13I hear you.
12:14Won't happen.
12:14We got a deal?
12:15If you stick to our plan, our budget, and our design,
12:22we're going to be in on this.
12:24This is how this is going to go down.
12:26We can get the house for $900,000.
12:28You have $250,000 for the renovation budget
12:31and 10 weeks to finish the project.
12:33If we sell for $1.6 million,
12:36that's $450,000 in potential profit that we split 50-50.
12:41I found something special inside.
12:43In the house?
12:43I finally made a deal with Jimmy.
12:45I think it's time we just celebrate a little bit.
12:47This is going to be an epic flip for us,
12:50but we're both used to being the boss.
12:53There we go.
12:55No.
12:57So, we'll see how this goes.
12:58Don't let us down.
12:59I wouldn't do it.
13:00I promise.
13:05I'll take the heavy one, okay?
13:07Don't strain yourself.
13:08I'm teaming up with Jared today.
13:09Oh, .
13:10We got a lot of trash in this house.
13:12We're just going to get after it
13:13because Jimmy's on his way.
13:14He's going to give us thoughts on the layout.
13:15Welcome.
13:16I don't know if I've ever seen a guy in a polo
13:18throwing out garbage.
13:19Did you see him sweating so much?
13:20Well, I would be sweating too if he had plastic gloves on.
13:23He don't breathe at all.
13:24He's kind of creeping me out.
13:26All right, enough about trash, you guys.
13:28I know we have a big project.
13:29Let's get through it.
13:30Jared is an experienced flipper,
13:32but now I need Jared to follow my plan,
13:35work with the team,
13:37and make a lot of money.
13:38Let's get into mapping out this layout.
13:40So, first, obviously, we have an access door off here.
13:44We're going to want to address that.
13:45Walking in and walking into a bedroom is not my thing.
13:47Over here, this could become a flex space with a closet.
13:50We'll add French doors so it can function as an office
13:53but still be connected to the house.
13:56And then it feels tight in here.
13:58Feels a little claustrophobic.
14:00The way it's broken up, it just makes the house feel small.
14:03Yeah.
14:03If we can cut about two feet right to here...
14:06Yeah.
14:07To open up the space between the living room and dining room,
14:09then we're going to have to completely demo this wall.
14:12We have to connect the entire space to create flow
14:15from the front door all the way to the kitchen.
14:20Now we are wide open.
14:21I think that is going to be a better move.
14:23If we open that wall up, put brand new cabinets in here,
14:26this will be the kitchen we need it to be.
14:28All right, let's keep going.
14:29Through here, I just want to get this thing wiped open.
14:33We're going to demo the original suite down to studs
14:36and get rid of these weird bathrooms.
14:37We're going to create a new hallway that gives us private access
14:40to our primary bedroom plus a new en suite and our new guest bath.
14:44So these cabinets, they got to go.
14:48Flow is the priority.
14:49Are we sure?
14:50I don't know what is going on.
14:51We're more concerned about salvaging some old cabinets
14:55rather than the sellability of the home.
14:57I feel like right here, it's already a doorway
15:00and this could just become the door coming into the new primary.
15:03I think we can cut through this, add a door,
15:06then that's the guest bathroom.
15:08So you want the access for this bathroom into your dining room?
15:12I think so.
15:13Yeah, that's a no.
15:14That's a no?
15:14No, that's a no.
15:15We cannot design an entire house around some cabinets,
15:19but this is like prime.
15:20Every time I fall in love with a piece,
15:22it doesn't work with the plan.
15:23Megan and Jared keep going on about keeping the cabinets.
15:27This is going away.
15:27We're creating a flow back through this way.
15:29That's how we make money.
15:30And I agree, they're beautiful.
15:32But what's even more beautiful,
15:34selling the house for the most amount of profit.
15:36We got a plan, right?
15:37I'm so sick of talking about these cabinets.
15:40We're going to find something that works for sure.
15:42I want to keep the cabinet too,
15:43but if it has to go, it has to go.
15:46Now we can go to the basement.
15:48Can we talk about this space?
15:50There's lots of room here.
15:52Yep.
15:52We got plenty to work with.
15:53Dude, this is a great space.
15:55You know, it's nice to get a little validation sometimes.
15:58Is it about being right
15:59or is it about making the most amount of money?
16:01Oh God, being right is pretty nice.
16:03It's pretty nice.
16:04I'd agree.
16:06Jared, this feels good.
16:07We've got lots of light coming through.
16:08And it stretches all the way back behind this wall.
16:11We can put three bedrooms, a bathroom,
16:14and a laundry in this space
16:15and have a big open area that can function as a rec room.
16:19I actually really like that idea.
16:20Definitely want to add a wet bar
16:22pretty much right in line with where that wall is currently.
16:24I think it's a great idea.
16:26It'll function well and it's a nice space.
16:28It's a win.
16:29Finally, a plan that makes sense.
16:31We'll have four bedrooms, three bathrooms,
16:33a flex space, and two big living areas.
16:36I like it.
16:37We're creating the right flow
16:39so we can make a lot of money.
16:40All right, let's do it.
16:41Yeah, demo time.
16:45I got a sledgehammer.
16:46Let me at it, let me at it.
16:47Demo!
16:49Holy s***.
16:50Yeah!
16:51There we go.
16:53Here's Johnny.
16:55It was nice to go in there
16:56and just beat the crap out of that house.
16:58Now we have airflow.
17:01Getting some of the frustrations out.
17:05That's always a win.
17:08It's dead.
17:10That's a wrap, ladies and gentlemen.
17:12Cut!
17:23What's up, guys?
17:24Our kitchen beam?
17:25We got wood going in.
17:27I mean, it is a good day
17:28when you walk into a job site
17:29and there's people working.
17:30Yeah.
17:31Jared, he thinks he's an experienced flipper,
17:33but he's got some bad habits.
17:35That one's going to hear him.
17:35So we're here to make sure
17:36Mr. Fancy Pants stays on budget.
17:39Right.
17:40That's what I like to see.
17:41I mean, this is feeling substantially better.
17:44We got our temp walls up.
17:45You got beams going in.
17:47And the wall's been cut for the new French doors.
17:49We got framing going on.
17:50Yeah.
17:51Top floor is about 90% framed up.
17:54Basement is probably 80% also.
17:57I like the progress.
17:58Things are moved forward.
17:59Time is money, right?
18:00Look at this kitchen.
18:01We have all kinds of space.
18:05This feels good,
18:06but this looks terrible.
18:08Why the hell haven't you demoed the cabinets
18:10like we decided?
18:11Last time we were here,
18:12we talked about putting a hallway over there,
18:14but right now, this is all primary.
18:17We were very concerned about having this too tight.
18:21If we were to add the hallway to this,
18:23we're losing 40 inches.
18:24That's like barely big enough to fit a king-size bed.
18:27We keep talking about the same thing here.
18:30We're designing a million-dollar house
18:33around f***ing cabinets.
18:35Get the f*** out.
18:37And now we can create a hallway.
18:39I just feel like this has been the focal point for us
18:41the whole time.
18:42I think we got to keep them, man.
18:43It still works.
18:44Is this going to work?
18:47Oh, my God.
18:48Can we fix this now?
18:51I don't think we can fix that.
18:53Okay, cool.
18:55Jared, he's not following direction.
18:57This is officially dead.
18:59No more debates.
19:00From here on out, we are doing my plan
19:02so we don't go over budget
19:05and we don't have a disaster house to sell.
19:07What are we doing here?
19:08Didn't we all walk this together before you started?
19:10All of us?
19:11We did.
19:11The real problem is the budget right now.
19:13Where are we at on our budget?
19:15Right now, we're at about $50,000 for the labor
19:19and most of the roughing materials and everything.
19:22$50,000.
19:23Already?
19:23The trash out alone, if that ended up being over $10,000.
19:27And now, you need to redo some of the layout on this main floor.
19:30That's true.
19:31Your abuse of that cabinet is definitely going to be a little bit of a hit.
19:35A little bit of a hit.
19:36This is a major issue.
19:37We're like focused on the cabinets on the inside.
19:39You're blowing up our budget.
19:40Where does that leave us overall?
19:42We're $18,000 over budget.
19:45Jared, what the dude?
19:46You're supposed to be managing this.
19:48Your job is to go, okay, how do we compress the budget down?
19:51I'm on it.
19:52I get it.
19:52Jimmy's pissed.
19:53We have a lot of work to do to try to save all that money off this budget.
19:57But at the same time, bro, I'm not a brand new investor.
20:00I know what I'm doing.
20:01This happens all the time on projects.
20:04But at the end of the day, we'll be good.
20:06I mean, I guess it's just not your money, so you don't care.
20:07Listen, I get it.
20:08But you partnered with me because I know what I'm doing.
20:10So let me see what we can whittle down on the budget to get where we need to be.
20:15Jared, stay here.
20:15Figured the out.
20:17Let me know what the answer is.
20:25Another day, another dollar, and that usually means a new fire to put out.
20:30I'm leaving Jared to clean up his mess in Ravenna, and I'm heading out to meet Ryan at one of
20:34our projects in Madison Valley.
20:36It is the perfect location.
20:39Five minutes from downtown, ten minutes from Washington Park.
20:43It's usually a gold mine for me.
20:47You're always late.
20:48There's traffic.
20:49We've been working on this project for six weeks.
20:52It's a 2,200-square-foot craftsman home that was originally a two-bed, one-bath that we paid $875
20:58,000 for.
20:59We have a $250,000 budget.
21:02This thing should be a ripper.
21:03Outside's looking good.
21:04Windows are in.
21:06Interior's framed on the first level.
21:07Floor plan's feeling good.
21:09So that was all going well.
21:10Then we had to come to a complete stop because we had some leveling issues on the floor.
21:13You can feel it coming down this way.
21:16Look at this thing.
21:17I'm not worried about the slope.
21:19We can fix that.
21:19We've fixed way worse.
21:20The issue is the foundation is literally crumbling under this house.
21:27Dude, what is going on here?
21:29Well, we have a foundation.
21:31Take a good look here, Jimmy.
21:33A foundation has two parts, a slab on the floor and a supporting perimeter wall.
21:37And this particular structure, it doesn't have either.
21:40I've never seen a foundation this bad over the last 16 years.
21:43So this whole house is literally sitting on dirt.
21:47This house is broken.
21:49Fixing an interior slab, that's easy.
21:51It's not structural.
21:52But fixing a perimeter wall is a huge task because it holds up the entire weight of the house.
21:57Look at this over here.
21:59This part of the wall is broken in half and detached.
22:03Look how much this is coming over.
22:04We can see daylight here.
22:06Yeah.
22:06I can't even believe what I'm looking at right now.
22:08What's the cost?
22:09How fast does it get done?
22:10So at this point, we need to jack this house up, dig down, and then pour a new foundation
22:15wall around this entire perimeter.
22:18What?
22:19It's going to be $60,000 to $75,000.
22:22You've got to be kidding me.
22:23The answer cannot be we're spending $75,000.
22:26Ryan, this is a complete disaster.
22:28Jimmy, I know it's a disaster, but we're in it now.
22:30So I'm trying to figure out a solution.
22:32If jacking the house up isn't it, then what is it?
22:43I'm going to go meet Jared today, which I'm excited about.
22:47Time to get down to business and kick this project into high gear.
22:51The roof's going into your framing.
22:54Jared, he's even started the garage.
22:56And the brass is going to be gorge.
22:58Through the whole top floor?
23:00What do you think?
23:00Yeah.
23:01Jimmy is breathing down my neck because we really need to finalize all of the design on this
23:06project so that we can get this done.
23:08I'm really sad that we lost this built-in, but I think that between the two of us, we
23:13can come up with some good ideas to add some more character back into this house.
23:18Absolutely.
23:18So when you first walk in the door, our focal point will likely be this fireplace.
23:22I think this will look great on the actual fireplace itself.
23:25I do really like those tiles, Jared, but they look expensive.
23:29The budget, the budget.
23:30No, the budget.
23:31I think you just leave it all like the brick that it is.
23:34It's got a nice pattern to it.
23:36It fits the style of the home.
23:37It adds to the character for sure.
23:39Yeah.
23:40We could also just paint the front of it.
23:41Yes.
23:42So if we do that, the mantel should be bigger, chunkier to just make this look extra thick
23:47on top.
23:48I love that.
23:49Moving on, let's look at the kitchen.
23:51Now that it's been opened up, it's become an even bigger selling feature for this house.
23:56For a higher-end look, we're going to pair white oak flooring with white shaker cabinets
24:01and matching quartz countertops.
24:03We'll add a stylish yet comfortable breakfast bar here with modern appliances throughout
24:08that showcase the home's function and flair.
24:11Everyone needs a little flair in their life, right?
24:13Yeah.
24:13Another big selling point that I want to discuss is our primary ensuite.
24:17We're going to do a textured floor tile with a gorgeous, warm-toned double vanity and a beautiful
24:24marble shower tile that will really give you that spa-like feel.
24:28Lastly, I want to focus on our basement bathroom.
24:31This is going to have the same cabinet design as the rest of the house.
24:36I just swapped it out for a black cabinet.
24:38Yeah, I think this tile will be great down in the basement.
24:41I think it's going to look really nice.
24:43Done.
24:43I love it.
24:49Dude, this is being held up by a cinder block.
24:51Ryan and I are still stuck in the mud at our project at Madison Valley.
24:55We have some foundation issues.
24:57Nothing's really holding up the house.
24:59What the f***?
25:00This house could literally fall over.
25:02And I really stepped in s*** this time.
25:03And it's going to cost me a fortune if we have to lift the entire house up.
25:08So this is what I want to do.
25:10We're going to do this in 10-foot sections.
25:12Dig a hole, pour a new concrete footing, and then we're going to install our new foundation
25:17wall on the inside of the house.
25:19You finish one section, you move on to the next.
25:23Once all the walls are in place, pour the new slab.
25:26Jimmy's magical plan.
25:27Makes sense.
25:28I'm with you.
25:28Then let's get the contractor here.
25:30I want quotes on this.
25:31This will save tens of thousands of dollars.
25:34All right, let's get this thing moving forward right away.
25:36All right, that sounds like a good plan.
25:38I'm with you.
25:41When we purchased this house in Madison Valley, we knew that the foundation had some slight
25:45issues, but as we dug into it, we realized there were massive issues.
25:50We need to create an entirely new support system for this structure.
25:53But after walking the project with Jimmy, he came up with a really good idea so we don't
25:57have to jack the entire house up.
25:58We're essentially going to pour the foundation in sections.
26:01Digging down and adding a footing, then building a perimeter wall on the inside of this house
26:05piece by piece.
26:06It's going to save us some time and some money.
26:08We learn something new every day.
26:15Okay, Jared, I wanted you to come hang out with me for a day, doing something a little different.
26:21Time to go shopping.
26:23Today, I'm going to go on a little treasure hunt with Jared.
26:26I want to see if we can find something special that we can use in the house.
26:28This place has tons of neat pieces, slightly overwhelming, but also super fun.
26:35But he is over budget, and that is a hard no for Jimmy.
26:39So we want something that brings in some of that character without breaking the budget.
26:45Um, what is this?
26:46I think this is one of those, like, shaky, shaky workout machines.
26:50Yeah.
26:51I think you have to try it.
26:52All right, where am I supposed to wear this?
26:54Uh, looks like you come with me on this ride.
26:58Inshallah.
27:00That's incredible.
27:01This is fun.
27:02I think it works.
27:04What else we got?
27:05Okay, I know we don't have any fireplaces of this size, but if we were designing a castle.
27:12I'm getting, like, Beauty and the Beast vibes.
27:14Look at this handle.
27:16I don't think it'll work in the house.
27:17Okay, so that's not going to fit.
27:19No.
27:19What do you think about this guy?
27:20We've got that office space.
27:22This would be, like, the perfect added piece.
27:25$225?
27:25Kind of tough to beat that deal.
27:27We'll wrap that one up.
27:28What else?
27:28Oh, my gosh.
27:30Jared, I love these.
27:32I think they'll look so good next to the fireplace.
27:35$25.
27:36$25?
27:37We can tell Jimmy we save money, too.
27:39Oh, perfect.
27:40I love him, but we got to go.
27:42All right, well, hey, I understand, but I just have to do one last thing.
27:46Oh, yeah, you got to try it.
27:48Oh, my.
27:50Why don't these workouts exist anymore?
27:52I don't know if my bum has jiggled like that in a long time.
27:55This thing's coming home with me.
28:02Finally making some progress.
28:04Oh, yeah.
28:05All the progress.
28:05Back out of Madison Valley, this foundation has been like quicksand.
28:09We've just been sinking and sinking and sinking.
28:13We can see daylight here.
28:14Yeah.
28:15Hopefully, we're finally back on solid ground.
28:19Look!
28:21We can't see through it anymore.
28:23Right?
28:23Trust me, Jimmy.
28:24I know this one has been a nightmare, but foundation, done.
28:28Dude, this is such a relief to see this.
28:29We avoided the cost of lifting up the house, and we were able to fix this foundation for
28:34$45,000.
28:35And that saved us $30,000.
28:38We had to get this over the finish line.
28:40This could have cost even more if we didn't do it the way that we did it.
28:44Good job.
28:44This project has been next level.
28:47The steps we've had to go through to get to this point have been epic.
28:50But you know what?
28:51I learned a lot.
28:52Things I didn't know about, it's there.
28:54So the next time you buy a house with a terrible foundation, I'll be like, this is what we need
28:57to do, Jimmy.
28:57And now we can actually put this house back together.
28:59I'm glad I could teach you something.
29:01And you can pay me back right now.
29:03Because I want this house wrapped up in four weeks.
29:04Wow.
29:05You got the concrete in.
29:06That's the hard part.
29:07Now it's just about finishing it.
29:09All right.
29:09Well, thanks for the visit.
29:10Now I have to get back to work.
29:23See how he's doing, huh?
29:24Heading out to go see Jared.
29:26It's been a long grind.
29:27We've had some massive overruns.
29:29He stopped the major bleeding after our last visit.
29:31But we're still $20,000 over budget.
29:33It's been on him to get this number under control.
29:36And what's up, Jimmy?
29:37If he can't control this money, he's going to experience me kicking his ass off this job
29:42site.
29:43Still looks like crap a little bit.
29:44But once we finish drywall, it's going to start actually feeling like a house again.
29:49Now that he's focused on the job, it's looking pretty good.
29:51And that's the most important thing.
29:53But he's not getting a pat on the back.
29:55We are over budget.
29:56I need solutions.
29:58I'm already seeing.
29:59This wasn't on our budget.
30:01It wasn't.
30:01However, instead of doing forced air, which we had planned, we did a recess heating system.
30:06This will service the whole floor.
30:08That saved us literally like 10 grand.
30:09We got an upgrade and we saved money.
30:11Oh, yeah.
30:12Today could be a good day.
30:13I hope so.
30:13We need a good day, Jimmy.
30:14What are we doing with this, though?
30:16We fixed that crack, rebuilt the whole firebox.
30:19And then I think we just paint this, put a nice new chunky mantle on top.
30:23That'll give us a whole new looking fireplace.
30:25This is what people are going to love when they come in the house.
30:27You know what else you're going to love?
30:28How much money we've saved.
30:29It's only like $3,500, and that's going to save us like $3,000.
30:33That's a good price.
30:34For once, I'm not dealing with Jared's big ego.
30:36We're dealing with big progress.
30:37This dining space is starting to feel really good.
30:41These coffered ceilings look awesome.
30:43And I got to say, I think actually taking these cabinets out, the room just feels a lot bigger now.
30:47Yeah, I'll give that to you for sure.
30:49The room feels way bigger.
30:51Let's look at your primary bedroom layout.
30:53In the hallway, it's private.
30:55Yeah.
30:55This feels great.
30:56Good-sized bedroom.
30:58Yep.
30:58You have a huge walk-in closet.
30:59Dude, this is massive.
31:01Is this our bathroom over here?
31:02Yes.
31:02The bathroom is going to be epic.
31:04So we have really good space.
31:05Great size.
31:06Yep.
31:07This is impressive.
31:08Can we talk about this shower?
31:10You could have a dance party in here.
31:12DJ booth up top.
31:13Let's go.
31:14Him being such a fancy guy came in handy on this.
31:18Between the materials and the install of the plumbing.
31:21So we saved like $3,800.
31:23That's another gold star for this guy.
31:25This bathroom size is awesome.
31:26I like the shower.
31:27Let's go check out the basement.
31:28Down here, we have so much room.
31:31Yeah, unexpected.
31:32We have a really good-sized bedroom on that side.
31:35Another one here.
31:36And then we also have a third one on the back.
31:39These are good-sized rooms.
31:40They are.
31:41Big bathroom.
31:42And I got an L-shaped wet bar over in the corner.
31:45This basement from our first initial walk-through.
31:47I know we've had some budget issues.
31:50I gotta say I was doubting you.
31:51Yeah.
31:52But good job.
31:53But this is way better than I was even planning.
31:55Did you hear that?
31:56I did hear that.
31:57Ooh, I'm gonna remember that.
31:58You're gonna have to.
31:59I've been taking abuse for so long.
32:02It's nice to finally get some kudos that I know what I'm doing.
32:06Dear diary, September 30th, Jimmy said I was right.
32:10Now, I don't want to say I told you so, but yeah, I told you so.
32:15Jimmy, you gotta trust the process.
32:17I'm out here fighting for the dollars, slowly whittling our budget down.
32:20I'm gonna get where we need to be.
32:22In Ravenna, we're turning corners.
32:23We can feel the house.
32:25We can feel the spaces.
32:26And we can start to feel how much money's going in our pocket.
32:29Bam.
32:30So wrap this thing up.
32:31Let's get it to market.
32:32Let's just get it finished.
32:33And let's get this thing sold and make some money.
32:38Here we go.
32:39So it's crunch time here at Ravenna.
32:40The outside's looking really good.
32:42Landscaping's coming together.
32:43And the garage is almost finished.
32:45Jimmy has been skeptical about Jared's abilities from the very beginning.
32:48Is that straight?
32:49But maybe he was wrong.
32:51Perfectly level.
32:52I was shocked.
32:53You're making me work for this.
32:55He's crushing this house.
32:59I'm out here working hard on a flip.
33:03I am so excited.
33:05Where the up, Jared?
33:06Time is money, Megan.
33:08No, no, no, no.
33:09I like this.
33:10You're already blowing it.
33:11Hand over the blade.
33:12I'm a professional.
33:14Look at how perfect of that is.
33:16There we go.
33:17If you let me just do it, I think we'll be fine.
33:20Gotta add the water pitcher from the beginning of time.
33:23Do you have an opinion on everything?
33:26Take your time.
33:27We only have 900 other things to do.
33:29And it's almost morning.
33:31If this house burns down, you make sure we have insurance.
33:34Oh, God, oh, God, oh, God, oh, God.
33:35Woo!
33:36Woo!
33:39Okay, I gotta go.
33:40Nope.
33:40Not me.
33:43Today, the Ravenna Project is ready.
33:47We need top dollar for this house, so it needs to be perfect, it needs to be stunning, and
33:51most importantly, it needs to be on budget.
33:54Most flippers don't have the talents and the know-how.
33:57To maximize the price, they fall short and ruin it.
34:03What's up, buddy?
34:03We made it.
34:04Time to see if Jared actually knows what he's doing.
34:08We've done a lot since the last time you were here.
34:12This thing looks over 100 years old, abandoned.
34:15Yeah.
34:17This house has so much charm to it once all the trash is gone.
34:21This looks awesome.
34:23Dude, I like the color.
34:24And everything's just popping out.
34:25Now you can actually see it.
34:27I honestly feel like working with Jimmy was actually a learning experience.
34:31Even though we butted heads a little bit overall, I think we made a pretty good team.
34:35This really came together.
34:36Who knows?
34:37I don't know.
34:38We'll see what he says when we wrap it up.
34:43Oh, dude, this is way better.
34:45Just the vibe of the house.
34:46This thing feels really good.
34:48When you called me out here, there was a lot of crap in here, dude.
34:51The house felt really small.
34:53What a difference.
34:54This thing looks like a million-dollar house.
34:57That's the original mantel right there.
34:59But we added extra details, and now it works really well.
35:03What a difference.
35:04Adding these sconces.
35:05Dude, this feels good.
35:07The cove ceilings.
35:08Look at the detail on the trim all the way around and in the office.
35:13This place was a maze before.
35:16But now we have this super nice, moody office.
35:19I like the dark color.
35:21Feels rich.
35:22Putting these French doors in just gives that versatility.
35:25You have a big holiday party or something.
35:27You can have people everywhere.
35:29You found that hutch.
35:30It balances out the room really well, too.
35:33Find furniture?
35:33I mean, listen, man, I'm going over the top for you.
35:37This isn't our own house that we're moving into.
35:39It might be.
35:42This looks great.
35:43It's wide open.
35:44It feels grand.
35:45And then this dining space is just something else.
35:48If you remember, it was very compartmentalized coming from the living room.
35:52We wanted this whole floor to just feel really cohesive, detail-oriented, and just super, super inviting.
36:02Do you remember?
36:03There used to be a built-in here.
36:06But you threw a door at it.
36:08At the end of the day, this floor plan works, and that thing had to go.
36:12It does feel much better.
36:13And it actually did help the flow, to be honest.
36:15This feels really good.
36:16Come in.
36:17Nice big dining.
36:18Leads into a new kitchen.
36:21I was worried about this kitchen.
36:23It was one of the stinkiest places.
36:26I mean, this thing was disgusting.
36:29It's been updated.
36:30It has some flair, but it has that timeless look that we really want.
36:33It really turned out perfectly.
36:35The double oven and the cooktop turns it into way more of a chef's kitchen.
36:40This is what we need for that premium price.
36:43Feels really good all the way through with this big window.
36:45We have a great yard for this house.
36:47The landscaping was in terrible shape.
36:50We got rid of all of it.
36:51Now we have a nice, usable, big backyard.
36:57We redid the whole deck.
36:58It checks the boxes.
37:00We ended up rebuilding most of the garage.
37:02It was a lot of work, too.
37:04But it looks pretty good right now.
37:06So far, the house looks amazing.
37:08Crushed it.
37:09But I know we made a lot of changes in this area back here.
37:12A lot of work everywhere.
37:15Huh, look at a new hallway.
37:17Now look.
37:17You come around the hallway, you get into your bathroom.
37:20We split up the two weird side-by-side bathrooms.
37:23Do you remember?
37:24This one was absolutely foul.
37:26But now, floor-to-ceiling tiles everywhere.
37:29I think this turned out great.
37:30Definitely dig that we didn't go with the standard cabinet.
37:33This looks awesome.
37:34Good.
37:35We're primary.
37:36The first time we were here, this room,
37:38was a dump.
37:40What a difference.
37:41This feels like a homeowner was kind of thinking through their personal touches.
37:45And that makes a big difference when we're selling the house.
37:47Look at this walk-in closet.
37:49This thing's huge.
37:50I know.
37:51And over here, we have a brand new en suite.
37:53This thing, I remember, it was such a disaster.
37:57It still haunts me in my dreams.
37:59This is a straight spa.
38:01Yeah.
38:02The color of the cabinets with the floors.
38:04Nothing basic, man.
38:06I will say this looks pretty good.
38:07It turned out great.
38:09Rain shower head.
38:10Multiple shower heads over there.
38:12Now we got this nice bench.
38:13It's not a bad touch, right?
38:15Jared may be fancy, but he's also really scrappy.
38:18This bathroom all the way around is just killer.
38:20And the design is perfect to complement the rest of the house.
38:24It really did come together.
38:26But I don't know if people were ripping out that big of a checkbook for one bed plus an office.
38:30So the basement better be dialed, or there's no way we get the number we need.
38:35Let's go really see how we're going to do.
38:38Yeah, yeah, yeah.
38:38Such a good height, man.
38:43Great.
38:44I remember coming in.
38:45It was so packed full of garbage.
38:47The basement was one of the most rotten spaces in the entire house.
38:50It's much better.
38:52Yeah, much better.
38:53I will say your detail game is on it.
38:55I mean, this has so much good space down here.
38:58Before the laundry was over here, I got to have a wet bar in every bonus room.
39:03It turns the basement into just the ultimate flex space.
39:06Great call on this.
39:07It's laid out so well.
39:09Bedroom here.
39:10Yeah.
39:10With a proper hallway before, and it was just dead space.
39:16These are not small bedrooms.
39:18We got another one right there.
39:22The new windows look great.
39:23The natural light coming through is awesome.
39:25Feels luxurious.
39:27There you go.
39:28Third bedroom here.
39:29I remember when we first came down, it was creepy.
39:33Huge value increase.
39:35And on top of that, we actually have the full bathroom.
39:41Whoa, there's the Jared tile I was looking for.
39:43See, got a little flavor in here.
39:45We want to be different.
39:47You know what I like about this bathroom?
39:48It's classic, but it has a little bit of its own flair.
39:50This whole basement is a huge difference maker.
39:52I mean, it gave us the bedrooms we needed, gave us the bonus space we needed.
39:56We got all the space we need to, like, maximize this house.
39:58Good job.
39:59Jared did an amazing job pulling together the old charm, mixing it with the new charm.
40:05It looks phenomenal.
40:06You know I don't partner with people in houses this old.
40:09I feel special.
40:10So now that we did this one, next time maybe we start getting into some fun stuff.
40:14We're not even thinking about that until we find out what we're going to sell this thing
40:17for and actually if we make some money, okay?
40:19That's reasonable.
40:20I've known Jared a long time.
40:22Honestly, I don't think he really even likes me.
40:26But he's warming up.
40:27So let's go find out how much we can sell this thing for.
40:29Maybe we had some friction, but we might have made a friendship.
40:35Wow.
40:36Look at this house.
40:38Yo!
40:39You're just full of energy.
40:40I love it when a plan comes together, Jimmy.
40:42Right?
40:43This house being done and looking like this.
40:46Amazing.
40:47I cannot believe we're here.
40:48Mwah.
40:49Good teamwork.
40:50We did it.
40:50It looks amazing.
40:52How do we feel now that we're standing in the finished space?
40:55No cabinets.
40:57I did really want that piece, but it still looks just as charming.
41:01I raged this right into a million dollar space, so I think we're looking okay here.
41:07I want to make some money, man.
41:09Me too.
41:10Megan, what are we selling this thing for?
41:12Well, I think that with a nice yard, the detached garage, a nice layout, all the character
41:18that this house has, I say 1-6.
41:21I like 1-6.
41:23Right?
41:23Top of the goal that we were talking about.
41:261-6?
41:26Let's do it.
41:27We bought the property for $900,000.
41:29You managed to stick to our budget of $250,000.
41:33So if we sell this house for $1.6 million, that leaves us a potential profit of $450,000
41:41that we split 50-50 before taxes and closing costs.
41:45We get that number.
41:46That's about $225,000 each.
41:49I wasn't really sure how this would go partnering with someone.
41:52Deal.
41:53I think we both felt the same going in, that this could either go really well or we were
41:59going to butt heads.
42:00Jimmy, it was actually a good idea to partner with Jared, right?
42:04Everybody loves Jared.
42:06There were plenty of times where I was definitely stressed out, but it felt good to execute.
42:11Look what I did, guys.
42:12You're damn right.
42:13When this sells, that's when I get all the glory.
42:15I love it.
42:17Just two flippers trying to make some money.
42:20He does it his way, I do it my way, and we just kind of blended it all together on
42:24this
42:24one.
42:25These are bad habits getting formed here.
42:28Now the fun part.
42:29We're sticking the sign in the yard, we're going to get some offers coming in, and me and
42:33Jared are going to make some money.
42:35Megan, sell that house.
42:36I'm on it.
42:37Let's make some money.
42:38All right.
42:38Let's do it.
42:43Nice work.
42:43I love it.
Comments