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00:02We're moving from Jersey City, New Jersey.
00:04We want to trade in our city life for some island life
00:07in St. Thomas, U.S. Virgin Islands.
00:09We can do this every day, all day.
00:11I would love to do this every day.
00:12We can go on sunset cruises.
00:14We've been coming here for years on vacation.
00:16And every time we come here, we never want to go home.
00:18And so we're going to sell everything
00:19and try to find a house here.
00:22Our daughter, Macy, is 23, and our son, Cain, is 17.
00:26It's a big risk by selling our house
00:28that we raise the kids in to come here.
00:30And this doesn't work out.
00:32We're kind of priced out to go back to Jersey City.
00:35We can't buy our original house back.
00:36This is what we're trading in our Jersey City life for.
00:40It's definitely a ballsy move.
00:42We're risk-takers, as long as it's not too crazy.
00:44Like, buying a house and...
00:46On an island?
00:47On an island.
01:20We're going to do this.
01:21I think we are.
01:22I am a sales engineer for a Swiss stamping company.
01:25I'm a biology teacher for high school.
01:28Our plan is that we will live here in the summer
01:30because I'm a teacher and the kids are off.
01:32I can join them. I work from home,
01:34and then when I'm not working from home,
01:35I travel back and forth to the United States.
01:37So excited.
01:38Oh, me too.
01:39We sold our house. It was scary.
01:41But we own a small condo.
01:43We're going to move into our old apartment
01:45that we first got when we got married.
01:47Yeah.
01:48648 square feet.
01:49Tiny.
01:50With the dog and the kids.
01:52Hey, I'm Amanda.
01:53Yes, hi, DJ.
01:54Hey, Missy.
01:56So great to meet you guys right this way.
01:58All right. Awesome.
02:00St. Thomas is about 40 miles off of Puerto Rico,
02:03and we are located within the U.S. Virgin Islands.
02:05I really love the simple, natural aspects
02:08of life in St. Thomas.
02:10Lots of opportunities to snorkel or go spearfishing
02:13or get on a deep sea fishing trip.
02:16This is gorgeous.
02:17Isn't it?
02:18It really is, like, perfect.
02:19This is what we live for.
02:20Those crystal clear blue waters.
02:22You never get sick of this, do you?
02:23No.
02:24No, never.
02:25We've been vacationing here for a long time.
02:27Ready to have your own slice of paradise, right?
02:29Ready to take the plunge.
02:30It's a small island.
02:31Right.
02:31And you feel like you've become friends with the locals,
02:33and that person knows the other person.
02:35And when you go somewhere, they all say hello to you.
02:37We love that.
02:38Do you think you're going to go more the condo route
02:40or the house?
02:41After a lot of debate, we're going to go with the house.
02:44We definitely want something larger
02:47so we can have our friends and family down
02:49and everyone be comfortable.
02:50How many bedrooms are you thinking?
02:52Three?
02:53Minimum of three?
02:54Five.
02:54I would say minimum of five.
02:56OK, minimum of five.
02:57OK.
02:58What are some of the amenities that you guys are thinking
03:00that you're going to want?
03:00Well, I definitely want a swimming pool.
03:03I want a bar.
03:04And you want a kitchen.
03:05I want a nice kitchen with, you know, large appliances.
03:08Do you guys think you're looking for something furnished?
03:10Yes.
03:10Yes.
03:11We want a turnkey.
03:12We definitely need a view.
03:13Yes.
03:13I don't want to, like, look at the city and buildings anymore.
03:16I just want to be able to look out, see the ocean.
03:18We also would like potential for good rental income,
03:21where we can make money, all right,
03:23and we can cover the cost of the house, like, all year round.
03:25She's going to retire in two years.
03:27I'm going to continue to work.
03:28Let's buy a property as an income-producing property
03:31and also to move into it.
03:33We want to live here forever.
03:35Forever.
03:36But until then, we want to make money.
03:37What are we thinking for budget?
03:39Two million.
03:41So, I think we could go a little over that.
03:44No, no, two million.
03:45Just be open.
03:46We don't have to hit it, but, like, let's look.
03:48How many times have we said we have to go big?
03:51Bigger risk, bigger rewards.
03:52It might be a little bit challenging
03:53to find something with the rental potential
03:55and to hit every box in the $2 million range.
03:59We do have very low inventory,
04:01so lends to be a little more of a seller's market.
04:04So you kind of have to make some concession
04:06somewhere along the way.
04:07Yeah, yeah, yeah, yeah, yeah, baby, you know I get you.
04:12Yeah, yeah, yeah, yeah, yeah, paradise, I can point to you.
04:18So I'm really excited to take you guys
04:20to the north side of St. Thomas to Peterborg.
04:23It's a peninsula that forms Megan's Bay on one side.
04:25You have really good down-island views on the other side.
04:28The house that we are going to look at,
04:30it's a waterfront estate.
04:32It's three buildings, actually.
04:33So it's going to have some really good rental potential.
04:35It sounds like I need to know what the listing price is.
04:38Well, it's listed at $2.5 million.
04:40Oh, my, Missy, it's lining close for our budget.
04:43Amanda said there's a potential
04:45for a lot of income from rent.
04:47I think you'll know why I took you there
04:49as soon as we get out of the car.
04:50This is a gorgeous driveway.
04:51Wow, look at the entrance.
04:53Wow.
04:59Oh, my God, look at these views, TJ.
05:02I didn't think we'd be able to get this close to the water.
05:04Wow, unbelievable.
05:06So here you have seven bedrooms, nine bathrooms, and a pool.
05:10Let's take a look at it.
05:11Right this way is the first building.
05:13All right.
05:13Go check it out.
05:14Thanks, Amanda.
05:15Thanks, Amanda.
05:15Look at this pool.
05:17Nice, but it's a little small.
05:18The pool's a little bit small.
05:21Oh, my God.
05:23Look, the ocean is like a front yard.
05:30It's ocean from end to end.
05:32That's really cool.
05:33I think that's really the showstopper here.
05:36Not this living room.
05:37No, this living room doesn't do it for me.
05:39All right, let's check it out.
05:40Oh, feel this breeze.
05:42Oh, my God, look how gorgeous it is over there.
05:46Look at all the different colors of blue.
05:48It's beautiful.
05:49I happened to meet Missy in my last year in college.
05:53You remind me of the character in the Titanic.
05:55Rose, are you Leonardo?
05:57I spilled my drink all over his homework.
06:01Instead of getting mad, he's like, let's go on another date.
06:04Let's start this over again.
06:05I think the next day, she bought me a cookie,
06:07and I knew, like, she was special,
06:09because no one's ever done that before for me.
06:13All right, a kitchen, solid countertops.
06:17Could you imagine cooking right here with the ocean?
06:20I don't like cooking on electric.
06:21Well, it's a big enough space,
06:23but it definitely needs updated.
06:25Want to go see the bedrooms?
06:26Let's explore.
06:28Viral staircase.
06:29It might be a little tough after a few cocktails.
06:31I'm definitely getting life insurance policy on you.
06:34Wait, on me?
06:38Oh, wow.
06:41It's spacious.
06:43Got great views.
06:44My favorite, a microwave.
06:47I can take a cup of coffee, pop it in here,
06:50get you your coffee.
06:51Ready for round two.
06:53Ready for round two.
06:53Here we go.
06:54Oh, this bed's bouncy.
06:56It's bouncy.
06:57You like it?
06:58Oh.
06:59Wow.
07:00OK.
07:02Oh, this bed's bouncy.
07:04It's bouncy.
07:04You like it?
07:05Oh.
07:07Wow.
07:07OK.
07:08Let's not tell Amanda about that.
07:13Oh.
07:14Oh, boy.
07:15Well, everything needs to go.
07:17Is there any room for remodeling?
07:20At this budget, we can't fix all this stuff up.
07:23We're going to have to live with some of it.
07:25We're going to check out the rental unit.
07:27All right, it's right here, which is separate but close.
07:31Oh, wow.
07:33Wow.
07:33Look at this.
07:34Unbelievable view.
07:35Amazing.
07:36It's out every window.
07:37Cute little living room.
07:38It looks like there's two bedrooms on each side.
07:40Oh, this bedroom's cute.
07:42Oh, I like it.
07:43The furniture's not bad.
07:45Oh, the bed's comfy.
07:46Think about rental potential.
07:48There's so many rooms that can always have ink coming in.
07:51OK.
07:52This looks like maybe it was remodeled recently.
07:54Oh, there's an outdoor shower.
07:56Holy smokes.
07:57This is super cool.
07:58It's big enough for me and you to shower.
08:00Shower.
08:02If you want to turn it on, better not do that.
08:05There's another bedroom on the other side.
08:06Let's go check that one out.
08:08Kind of matches the other one.
08:09Oh, there is, yeah.
08:10Same, like, nice furniture.
08:12Nothing really needs redone in here.
08:14No.
08:14Again, a really cute bathroom that's been
08:16remodeled.
08:17All right, that's good.
08:18Nice, yeah.
08:18This home surprises me with all the room that it has.
08:21I thought that it was going to be way too much,
08:24but with income potential with renters,
08:26it seems like it actually would fit us quite well.
08:29It feels like we could rent out multiple bedrooms
08:31at the same time and, like, still have our family here.
08:33But I have no idea how we're going to pay for any of this,
08:36other than me working, like, 35 jobs.
08:38You love to work.
08:38You're, oh, my God, you're impossible.
08:41So what did you guys think of?
08:42Well, that was a lot of house to see.
08:44This is a little compound.
08:45Being a waterfront was really cool.
08:47We really like we can rent it out for rental income.
08:50Yeah, there's a lot of room, enough room for us,
08:52the kids, our friends.
08:53With that being said,
08:54This is way over budget and it needs work.
08:56But calculating the income potential with the rentals?
08:59Yeah, we have to do that and see what we get.
09:13Oh, God, I love it.
09:14I want to buy a boat.
09:15Wow, a house and a boat?
09:17Well, Mom, it's in within the budget.
09:18I would like a boat, but I just don't want you to drive it.
09:21We'll get a captain.
09:22I'm down with the captain.
09:23All right.
09:24We were here on vacation.
09:25It was the last day.
09:26We had to leave maybe in like 45 minutes for our flight
09:30and we were still in the ocean.
09:32And I was like, I don't want to leave.
09:33And he was like, I don't want to leave either.
09:35We need to buy something.
09:37Yeah, we're like, we should stop running.
09:39And he was like, all right, I'll do it.
09:41Welcome to Christmas Cove.
09:42Would you guys like to eat some pizza?
09:43Oh, we would love some pizza.
09:44Oh, yeah.
09:45Place right here, a sailboat with a brick oven called Pizza Pie.
09:48In the middle of the ocean.
09:49Unbelievable.
09:50This is my next business.
09:51Easy, breezy, cheesy.
09:53We do ballsy stuff, sometimes for the best and sometimes not.
09:57But there's one thing you could say is that we try it.
09:59We do it.
10:01The crust is perfect.
10:03I love it.
10:04We're definitely moving here.
10:05Yeah.
10:05For the pizza.
10:19So I'm really excited to take you guys over to this house.
10:22It's in an area of the island called Neltyburg.
10:24It's a little off the beaten path.
10:26Not a really well-known beach for tourists.
10:29But I can pretty much guarantee that you
10:30might be the only ones there.
10:32Oh, that's romantic.
10:33It's romantic.
10:34The house is five bedrooms and five and a half bathrooms.
10:38It does have a studio apartment for the rental potential.
10:42The house is listed at 1.9 million.
10:45Oh, that's what I'm talking about.
10:48Are we almost there?
10:49We are.
10:50We have to go up that.
10:51Is this the driveway?
10:52This is the driveway.
10:53Hold on.
10:53This is a roller coaster.
10:55Oh, my .
10:55I'm hanging on both these things.
10:57Ooh.
10:58Here we are.
10:58We made it.
10:59All right.
11:00Well, I feel nauseous.
11:02Wow.
11:02This is pretty.
11:04This is beautiful.
11:06Oh, wow.
11:07Gorgeous.
11:08I love the color of the house.
11:09I love how private it is.
11:11Come check it out.
11:12Let me know what you think.
11:14All right.
11:14Awesome.
11:18Oh, my God.
11:20Wow.
11:20It is absolutely stunning.
11:23Look at this view.
11:27Oh, my God.
11:28The whole entire thing is open.
11:30I don't think I need to see anything else.
11:32Look at the size of this foyer, the wood.
11:35It's insane.
11:36The architecture, it is freaking incredible.
11:38I love the artwork.
11:41Holy smokes.
11:43Oh, look at the pool.
11:44I mean, this is what you buy this house for.
11:47Holy smokes.
11:48I feel like I'm on top of the world right now.
11:51Unbelievable.
11:52This feels really good.
11:55Should we go see the rest of the house?
11:57Let's go check it out.
12:00Okay.
12:04A little bit weird, huh?
12:05This is like an odd shape.
12:08And I don't see the ocean.
12:10And if you want any action in here,
12:12we definitely need some new furniture.
12:15New paint.
12:15New lights.
12:16Oh, boy.
12:17Let's take a look at the bathroom.
12:18We're still under budget.
12:20This size is all right,
12:22but we'll need to be remodeled.
12:24You got to calculate that into the budget.
12:26I am.
12:27It's going to this in my brain.
12:28Bum, bum, bum, bum, bum, bum, bum, bum, bum, bum, bum, bum.
12:29The budget.
12:30All right.
12:31Bedroom number two.
12:33Okay.
12:34A little small.
12:36I feel like somebody would be comfortable.
12:37Yeah.
12:38Ah, pink.
12:40It's like the same as the other one,
12:42but like more salmon.
12:43This, all needs to be done.
12:45I have a good touch.
12:46You do.
12:46You have a great touch.
12:47I can remodel this.
12:48Your touch is excellent.
12:52Ooh.
12:53You know me, the kitchen might be the deal breaker,
12:55or it could be the one that says
12:57we're going to put our offer in.
12:59Ooh.
13:00Ooh.
13:01This is nice.
13:02Oh, and there's a bar.
13:03There's my bar.
13:04It's open.
13:06Definitely great for entertaining.
13:08I love the range.
13:09Let's get everything we need.
13:10Let's keep on going.
13:11We're going to check out the rental unit?
13:12Yeah.
13:14I like this little walkway.
13:16It just adds to the privacy.
13:18All right.
13:20Oh, this is interesting.
13:23What the hell is going on here?
13:34Well?
13:35Let me see.
13:36This is like where you torture people.
13:39We can't put guests down here.
13:40It's no, not like this.
13:42Well, you're not.
13:42Pile, new electric, new windows.
13:44Money, money, money.
13:46I know, but we're under budget.
13:47We are.
13:48Hi, Amanda.
13:48Hey, guys.
13:49Little liquid sunshine came through there
13:51while you guys were inside.
13:52So what did you guys think of the house?
13:54That view and that pool, I think, is exactly what we were looking for.
13:58The view is like sick.
13:59And the kitchen was great.
14:00The only thing is, though, we definitely have to do some renovations.
14:04Yeah.
14:04Keep in mind, we're at 1.9 here.
14:06You kind of have some room in the budget to put your own twist on things.
14:10We can change the house, but we can't change the location.
14:13That's right.
14:23Hey.
14:24Hey, how are you?
14:25How are you guys doing?
14:26Good.
14:26Oh, this is quite the setup here.
14:28Yeah.
14:28Wow.
14:29So are you guys interested in this open?
14:30We're so interested.
14:31Yes, very.
14:32Can you play a little, like, show us how it's done?
14:34I can give you something.
14:35Yeah, give us something.
14:36When you're here, you tend to be outside more.
14:39You tend to be more in tune with each other in your own body.
14:43I think when we come on vacation here, we're always feeling better when we leave.
14:47Oh, yeah.
14:47Like, we're happier with each other.
14:49We, like, leave our troubles behind.
14:50And I think we're really looking for that when we buy a house here.
14:55We can be in our bathing suits.
14:57Less clothing is much better than being fully clothed.
15:00Regardless of the weather, so it'll be more appropriate once we move here.
15:04Yeah.
15:09Stop it.
15:27So we are on the east end of St. Thomas.
15:31Smith Bay is what we call this area.
15:33There's always good music and food, and the snorkeling is really, really awesome.
15:38Oh, I love to snorkel.
15:39This house, it's a five-bedroom, four-and-a-half bathroom that does include a studio.
15:44So you do have the rental potential with a pool and a really, really good view.
15:49Well, that sounds great.
15:50That's awesome.
15:51Drum roll.
15:52What is the price?
15:53The asking price is $2.2 million.
15:56Whoa, Missy, that's way out of the range.
15:58We can look at it, but, like, that's not even close.
16:00I wouldn't say way out.
16:020.2 equals $200,000.
16:04It's not that much.
16:05Keep in mind the location.
16:07Our property values do hold very strong on the east end of St. Thomas.
16:11Rental income is good here.
16:13Okay.
16:14All right.
16:14I mean, that's an upside.
16:16All right.
16:16Check it out.
16:22Wow, look at these views.
16:23Unbelievable.
16:24Wait until you get inside.
16:25They're actually even better.
16:27This is the house.
16:29I'm just, uh, confused of...
16:31Of the layout of this house.
16:32The layout of the house.
16:33It's kind of built into the hillside.
16:36All you see is this roof.
16:37It might be a little deceiving from the outside,
16:40but once you get inside,
16:40I think you're going to be very pleasantly surprised.
16:43All right.
16:43All right, let's do it.
16:46Oh.
16:47My.
16:48God.
16:49Holy smokes.
16:53Look at that view.
16:55This room is gorgeous.
16:57Wow, look at that light.
16:58That light is really cool.
17:01I love these archways.
17:02Oh, look at this kitchen.
17:05Nothing needs done.
17:06Look at this range.
17:07Yeah.
17:08One, two, three.
17:09We got the pot filler.
17:10We can cook at the same time.
17:11Missy, we got double ovens.
17:13And the table's nice and long.
17:14We can literally be here and then be outside.
17:18Wow.
17:21Holy smokes.
17:24I love the transition.
17:26This is gorgeous.
17:28This needs updated, though.
17:30The doors.
17:30Yeah.
17:31The salt war has gotten to it.
17:32It looks a little old.
17:35Oh, wow.
17:36Wow.
17:36I love it.
17:37It is huge.
17:39This is bigger than our whole living space in Jersey City.
17:41Yes.
17:42But this will just be our bedroom?
17:43We have to visualize it.
17:44We got to feel it.
17:45You're not feeling it.
17:46I'm feeling it.
17:47I'm feeling it.
17:50All right.
17:51Look at this.
17:52Yeah.
17:52Every day we could wake up like this.
17:54I could definitely wake up like this every day.
17:55This is not Jersey City.
17:57Every day would be the view.
17:58All right.
17:59So.
18:01Spin you around.
18:03Oh, look at this bathroom.
18:05I can watch you shower.
18:07That's actually kind of sexy.
18:11Oh, and look at this soaking tub.
18:13You have multiple heads.
18:14And you can see all the views while you're showering.
18:17Oh, it's awesome.
18:18Well, should we check out the rest?
18:19Yeah, come on.
18:20Let's keep on going.
18:21Probably some more bedroom soon.
18:22We'll check it out.
18:23Oh, TJ.
18:25You're going to love this.
18:26Whoa.
18:30It's like a sunken in bar.
18:32I know.
18:33It's like a dream of mine.
18:34How much fun is this?
18:36Oh.
18:37Have everyone around having music on.
18:39Doing the margaritas.
18:42Feeding out of the pool.
18:43This is sick.
18:45Check mark.
18:48The pool is huge.
18:50This is like a resort-sized swimming pool.
18:52Like, who's taking care of this pool?
18:53Like, we need, like, a full-time staff,
18:55and, like, we're already over budget.
18:56We should go look at the apartment.
18:58Yeah, let's check it out.
18:58The deck is gorgeous.
19:00It's great.
19:02Whoa.
19:02This is another deck.
19:04There's three levels of decks here.
19:06Ooh.
19:07Oh, this is really cute in here.
19:08I really like it.
19:09Look at this.
19:10I love it.
19:11A little kitchenette.
19:12Yeah.
19:12It's like a separate bedroom.
19:13Yeah.
19:14It's really separate.
19:16It's like a studio.
19:16What the hell is happening here?
19:19Somebody had a rough night.
19:22Studio?
19:22What the hell is happening here?
19:24Somebody had a rough night.
19:26That might need to get fixed.
19:27Yeah.
19:28This is definitely a very comfortable space.
19:30We've seen everything we came to see.
19:32That was an unbelievable tour.
19:34Nothing what we thought it was gonna be from the outside.
19:37I love the kitchen space.
19:39Boom.
19:39I love the bar.
19:40And huge entertaining areas, which is what we wanted.
19:42We're 200,000 over budget and it needs a little bit of fixing.
19:45But it's checking a lot of boxes for us.
19:47It is.
19:48It's just the money.
19:48I can't wrap my head around the money.
20:00It's officially 5 o'clock on a gorgeous evening.
20:03A little rum?
20:04Yeah, just keep on pouring it.
20:05So, what did you think about the house on the hill?
20:07Is this the one on the road?
20:08Yeah.
20:09It was quite bumpy getting up there.
20:11But the house had a lot of potential.
20:13Those views were beautiful.
20:14That infinity pool was amazing.
20:16It was.
20:17That entertaining area.
20:18Like, that's exactly what we were looking for.
20:20Yeah.
20:20But what about the modern house?
20:22It also had a lot of down island views and it was kind of turnkey.
20:27The kitchen to me was the best because it had a huge range.
20:29It still needed a little bit of remodeling.
20:32And it's also over budget.
20:34And you're already talking about doing work already.
20:35What about the Clip House?
20:37There were views out every single window.
20:39That's way over budget, but that has the most rental potential.
20:43We could have a lot of guests and still rent out.
20:46I know what I want to do.
20:47I have a clear winner in my mind.
20:48Cheers.
20:56We chose the modern house.
20:57We couldn't be happier.
20:59Yeah.
20:59We are super excited.
21:01This house checked out all the marks.
21:03It was a little bit over budget, but we're loving it right now.
21:06To afford the house, we decided that we're going to rent the studio.
21:09It's renting well.
21:10Once we came down with our family, it felt like home right away.
21:15Oh, nice.
21:18This is definitely the biggest risk that we have taken with our family.
21:22In the end, I think it's going to work out beautiful for us because we love our spot.
21:26We love our decision.
21:27Yeah.
21:28We're all in.
21:29Cheers.
21:29The world is our oyster.
21:30Thank God.
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