- 4 hours ago
Renovation Aloha
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Short filmTranscript
00:01I think it's one of the worst houses we'll probably ever encounter in our
00:05entire career. This house excites the crap out of me. I'm Kamalai Kalama, right?
00:11Yeah! And I'm Tristan Kalama. I put on extra deodorant for this.
00:17Oh my god! We buy and renovate homes in the most challenging place in the country,
00:23Hawaii. The shipping is more than the actual material cost. We want to restore
00:28homes for local families. The real estate here is crazy expensive. So to make this
00:35work, we have to take on some of the most rundown homes on the island. Can you hear
00:39us? No! Disgusting. How do we do it? Our giant family. I have 87 first cousins. Yo,
00:49what's up, cuz? More than anything, we want our children to be good human beings.
00:54Exactly. You can't have little ass walking around. Little ass walking around.
01:09Mommy, I have a joke for you. Oh, love your jokes.
01:14Why did the student eat her homework? Because she didn't want to do it. Because she was hungry.
01:20Because the teacher said it was a piece of cake. Oh, that's a good one. Okay, do another one.
01:27That is a good one. Can you see who just texted me? Sean texted that there's a lead and you
01:34need to go
01:34now in Kaimuki. You guys want to go look at a house? No! Real fast, you guys. I gotta pee.
01:42Headed to the other side of the island. Let's go!
01:45Come on, get ready. Come on, get ready. Come on, get ready. Let's go!
01:52I love Kaimuki. Yeah. Kaimuki is just such a cool area. Original, old-school Hawaii, but then young,
01:59hip, and modern. It's just a hustling and bustling fun place. You know what that means is that there's
02:05gonna be a ton of activity on this house. The text says it's a three-bed, one-bath,
02:10about 1,800 square feet. They want 980 for it. The average home price in the area is about 1
02:17.3,
02:18but some of the houses go for almost 2 million. So at 980, I know there's gonna be a ton
02:24of people
02:25that want to go look at it. So if we want it, we have to act super quick. Gotta act
02:29quick, guys. You
02:30heard that? It literally is gonna be speed to lead on this one. Try and get in there quickly and
02:36then
02:36finish our day not working. Not working. We're not supposed to be working today. This is balance,
02:44right? Oh, no. This is integration. A lot of times, houses get listed on the MLS. They're way
02:52overpriced. For investors like us, when a property actually gets priced correctly, there's a ton of
02:58competition. Yep. Looks like there are investors here. It's important to get in there as quickly as
03:05possible and underwrite the deal faster than everybody else. Okay, kids, you ready? Yeah.
03:12And that's speed to the lead. Speed to the lead. Holy crap, these mango trees are massive. You can't
03:19even see the house. I think we're gonna have to cut them. Not cut down, just like trim. The trees
03:25look
03:25healthy, and buyers like fruit trees, but look at them. There's two of them, and they're completely
03:30hanging over the house. A lot of dollar signs before we even get to the house. Correct. There's
03:37a carport, like a big one. This is where we have laundry, obviously, the water heaters down here,
03:43and a door to something. It says no access. I know. Is there another story down here? That's a wild
03:50card.
03:53Hey. Yo. Hey. What's up, dude? We know you. How are you? Good. How are you? I didn't even know
03:59you were up there. Did you just come out of the house?
04:01I did. I did. Checking this place. How's it looking up there? It looks like a solid investment.
04:06Oh, yeah? Yeah. It's got a lot of potential to it. Were you able to get in there? I was
04:10not. Okay.
04:11Yeah. I was trying to figure out where the basement was. It's weird, right? Yeah. Yeah. It's always nice
04:15seeing you. Yeah. Good to see you, too. Yeah. Yep. Have a good one, bro. You, too. Bubs,
04:20can you let me go now or what? Yep. Let's go upstairs. Come on. This is a, this is a
04:25PVC handrail. That is not sturdy. Let's do this thing.
04:33Okay, this is interesting. This is weird walking into a space like this. Like, what is this space?
04:41I don't know. It looks like this is an addition. Facts. There's no flooring. There's these
04:48weird makeshift landing. There is a closet. There are windows. So, technically,
04:54this could be a bedroom. Let's go inside. Go. Go.
04:59Ta-da. There is the kitchen. Okay. I expected worse. I'm not going to lie. I haven't seen a
05:06metal backsplash in a long time. What? This is crazy. All the electrical is outside of the walls.
05:14It looks like they just put new faces on old boxes. They look newer. Don't open the fridge.
05:21101 of walking houses never open the fridge. Another. Look at this. Like, why? Drainline and
05:30electrical. There's an AC on the other side of that. It cuts through the corner of the cab. I don't
05:36love that this is blocking. No. Your view to your living. I mean, everything needs to be gutted. Tear
05:42this down to open it up to the living. Put in some lighter cabinets to make it feel brighter. Moving
05:47on.
05:49It feels very dark. I'm worried about this water damage that I see right here. Yeah. So,
05:53I would like to check the roof. I'm just drawn out to these views. Parting through the mango tree.
06:00Parting through the mango tree. There is ocean out there. Wait. You can see diamond head. Oh my. Yep.
06:06So, you get ocean and diamond head views. Diamond head views. This is a game changer for this area's value.
06:13So,
06:13we definitely need to cut the mango tree. Can't see the million dollar view because of no mango trees.
06:19Exactly. Yeah. You get more natural light in here. It could feel a lot bigger. Okay. So,
06:24then you have hallway here, making it feel much smaller. Because if you gained this space,
06:30you could have a much bigger living area or bigger bedrooms. Oh, it's a good sized bedroom.
06:35Looks like they have new windows. I can see more water damage. Holy crap. What? Is that a camera? Oh
06:43my
06:43gosh. That's so weird. In a bedroom. Bathroom. It's a good sized bathroom.
06:50It's first an elderly person. ADA, yeah. Yeah, to use. There's a dead gecko on the ground. And a camera
06:57in your bathroom. Let's get out of here. It's so creepy. That is so weird. Next bedroom. This is a
07:02small
07:03bedroom. And last room. This is a big room. Oh yeah. And another camera. Okay, this one has a lock
07:11on the
07:11outside of the door. That's sus. Did you just say sus? Sus means suspicious, dad. Get with it.
07:20There's no primary with an ensuite. But we need a fourth bedroom to make it more profitable. So,
07:25I feel like you can turn that bathroom into two bathrooms. New windows over there,
07:30original windows over here. There's a lock on this door, camera. It's just weird. I mean, let's not
07:37discuss the house inside. Who knows if somebody's watching us. I really wish we knew if there was a
07:45room through that door in the garage. Do you guys want to go try and see if we can peek
07:49in a window?
07:50Yeah. Come, bud. It's blocked off. Yeah. See, it's boarded up. Can't see. Can you see anything?
07:59Nope, nothing. There has to be something legit down here, though,
08:02a little bit. Because, like, it goes all the way that way. It maybe is some kind of living area,
08:07right? We're not gonna really know for sure what's down there unless we get in. It could be rad. Well,
08:14what are you thinking, Rena? I think this is gonna be, like, 200. I think you need to create a
08:19fourth
08:19bedroom. I think you need to create a second bathroom. But it's not in bad shape at all. This
08:25area is super desirable. With ocean views, for a four-bed, two-bath, we could probably sell 1.4.
08:34And let's say an eight-week timeline, that's like $175,000 in holding selling costs. That would mean
08:41we would make around 45 grand, which is well below our $100,000 minimum. We need a minimum of $100
08:51,000
08:51of margin, because if we get the ARV wrong, and we're on market sitting, and you reduce price one
09:01time by 50 grand, poof. Now you're at 85, right? $50,000 is out the window. Yeah. So you need
09:08to have
09:09a really big margin for the just-in-cases. It's called the oh s*** fund. It is. If down there
09:17is usable
09:18square footage, and we could turn it into a rental unit, that would bump the selling price up by like
09:24$100,000, which is a big difference. That's a huge wild card. I know we have to make an offer
09:30right now.
09:30I think that the house has a lot of potential, the views, the location. We're risking a lot,
09:35but I'll tell you the truth, if we didn't have whatever it is right there, I don't think we'd do
09:41this deal. I think we should do it. I agree. I'll call the agent right now and see if we
09:47can make a deal.
09:47Be aggressive. Be aggressive. Be aggressive. Okay, kids. Speed to the lead, Ben. Let's get this one.
09:54Let's go. Oh my gosh. Here comes more investors.
10:02Hey, what's up, man? It's Kamo High. Oh, how's it? We just finished looking at the house,
10:09and how serious is your seller about this price? He's firm and very serious. We love it,
10:16and we really want to do the deal. But what is below that door downstairs? I'm not really sure.
10:23The lock's broken, and I haven't been able to get a locksmith over there. The owner is off island
10:27right now. He inherited this property and doesn't know much about it. Just wants to get rid of it as
10:33soon as possible. But hey, heads up, I already have offers in right now. Got it. We're gonna make an
10:40all
10:40cash, full price offer, waive all inspections, contingencies, and we'll buy it completely as
10:48is. So we're gonna be the guys that make it the easiest for you to get this house sold.
10:54But I'm looking at three, four other houses. So you gotta let me know within the next couple hours.
11:01Let me talk to my client real quick, and then I'll call you back. All right.
11:12A few hours after we made the offer, the agent called us back, and we got a deal at 980k.
11:20So we are officially back in Kaimuki. We still don't know who our contractor is going to be,
11:25or what's behind the downstairs door. Like, it's a lead. We're just going. I mean, you just don't know,
11:32right? But we're gonna get dirty. We're gonna do some demo, and we'll get a good head start.
11:36It's really about just demoing kitchen, bathroom, and getting all the carpet out.
11:40In the kitchen, we're gonna tear down this wraparound counter and open it up to make one
11:45big room. The bedrooms are staying where they are, but the half bath will split into two to create an
11:51ensuite for the now primary on the left. This weird area becomes a laundry room and a fourth bedroom,
11:59turning from a 3-1 to a 4-2, which will increase the resale value tremendously. I'm gonna sign you
12:06two upstairs, but we have yet to get into that space. On tax records, it shows that there's more
12:12square footage to this house. I hope it's some sort of living area and not a small storage space.
12:18And I think it's still locked. Well, it says no accent.
12:24Now we own the house. We can do whatever we want. So we're going in. Let's go. What is down
12:30here?
12:32Holy crap. Holy crap.
12:35Bitch. Interesting. Jeez.
12:39I think Trav doesn't come across as a super funny person, but when he does make jokes, they're pretty
12:46funny. Well, there you go. I guess that's why it was locked. He took the door off the hinges and
12:52then closed the door. And then I'm over there thinking it's going to be hard, and the thing just
12:56falls off. I know. We gotta come in here, though. What is down here? It's a dungeon. It is very
13:05dark.
13:05Okay, wait. Let's get all this stuff off the windows so that we can see what's going on.
13:15And then there was lights. Jeez. Look what we got, though. This is good. This is good. It's like a
13:19little apartment down here. This is a full shower and a toilet. This is the best case scenario because
13:27we can turn this into an ADU. This adds a whole nother level of potential for a multi-generational
13:36space. So it would bump up the value a ton. We'll just need to check with our draftsman to make
13:41sure
13:42we can do that. You have to figure out how to rework it now. It's very weird that you walk
13:46in to a
13:47bathroom. To a bathroom, I know. I think we shift the bathroom over to one side with the kitchen
13:51next to it, and then you have your bedroom on the other side, and it will work as its own
13:55unit.
13:55Okay, so what do you want to do? Let's break the cabinets. Okay.
14:04You guys want to go upstairs? Yeah.
14:23All right. Love that.
14:26Is that you, Trav? What's up, guys? How's it? We have a ton of projects happening right now,
14:39and because timelines are so important, we want a separate crew working on each individual house,
14:47so they can jam through it much quicker. So we've had Travis reach out to three different contractors
14:54to get bids for this project. We need to be at 180. I have 255. This one's 271. And one
15:02at 165. Wait,
15:05what? Why is that one so cheap? His timeline, so he can't start for like a month and a half.
15:12That doesn't work. So what are we going to do? I mean, we have a super tight construction timeline. We
15:21can't afford,
15:22I don't think on this one, to roll the dice with a new contracting crew, especially if they're not
15:28coming in where we need them to. I talked to Chad, the other contractor, and he referred me to this
15:33other guy, Dave, who can meet you at your 180,000 price. Yeah. But we've never worked with that.
15:40We've never worked with that. But we still have experience with Chad, so I trust that route over
15:45this route for this specific house. I'll get on the phone with him and see if I can meet the
15:49guy.
15:50See, let's see this new crew you've been holding back from us. I know.
16:00Now that permits are approved and we have our general contractor solidified,
16:04thanks to Chad's recommendation, we can full steam ahead with demo and framing.
16:18Okay, it's been two weeks. I mean, let's see how this new crew is doing. I need you to grab
16:23some of these mangoes. It's what I need. Okay. It's all demoed. I love that we opened up the kitchen
16:30and
16:30now we have this open floor plan, but I'm disappointed. It's been two weeks and this is
16:37all we got. Not even full framing complete. And no one's here. I need to text Dave.
16:47Hey guys. How are you? Good. Hi. Hi. Looking good in here though. I mean, see everything.
16:54I was like, we're behind. We're behind. Why are we have walls completely up? But yeah,
17:00I do have some news for you guys about the ADU. So if you want to take a look downstairs.
17:04Yeah.
17:07So we got the pre-check back from the building department. Okay. It does have to meet, you know,
17:11certain criteria on here and it's not approved. What? So the current sewer lines in this particular
17:19area isn't adequate enough to support two dwellings. That sucks. Yeah. Losing this ADU
17:25is going to put us right back to a $45,000 profit, which I mean, we wouldn't have done this
17:32deal in the
17:33first place. So what can we do? Like we have to come up with a solution quick. So, I mean,
17:38the good news is that because the plumbing is already existing, you can do something with one
17:42bathroom. What if we have it as a rec room? You can still have a bathroom down here. Okay. And
17:47then
17:47you can have a dedicated wet bar. So wet bar would just be your sink and a refrigerator. There'd be
17:53no
17:53cooking appliances. Obviously ADU is more valuable, but a recreation room, it's additional living space.
17:59It can be an office. It can be used for multi-gen still. Yeah. What does that look like for
18:04our
18:05sales price? I mean, it'll drop a bit, but we're still looking right around 1.44 million. I think
18:11it's the best of what we could do. There's just some unknowns that you just can't see. It's
18:18unforeseen. All right. Rec room it is. While framing is finishing up and electrical is ongoing at the
18:32house, we're going to solidify the design plan. Babe. Yo. It's decision-making time. I feel like you're
18:41always calling me outside for material. It's part of your husbandly duties. Wow. Look at this. Isn't
18:50that cool? These are sick. Rad. So this is for our mango tree house. Kaimuki to me is such a
18:57nod to
18:58old school Hawaii. And then you have the coolness factor of Kaimuki, right? Young. Up and coming. Yeah.
19:05So it's like blending the two. I'm going to start with this because I was waiting for the perfect
19:13location to use. You just put a smile on my face. That's kalama oak you have right there. I think
19:18we do it here.
19:19We designed this color after the rich history and culture of the Kalama name, the significance of it,
19:25and I feel that same way about Kaimuki. It feels so rich, old. There's a lot of history and culture.
19:32So I think
19:32we run this everywhere. Living, dining, kitchen, bedrooms is all this. And then starting in the kitchen,
19:38we'll contrast the dark oak with two-tone calves, a taupe on the uppers and a light oak on the
19:44lowers.
19:44And then this is the backsplash with a black countertop. Sick. Yeah, that is crazy. Next,
19:51I want to go into the primary bathroom. Use the same light oak cabinets and black countertops.
19:57We'll match the dark counters with a smoky stone-like tile on the floors and into the shower pan.
20:02And then we'll wrap the shower walls in like a bluish brown picture frame-esque tile. I feel like it
20:07pulls in both the cabinets. That flooring has all the different variations of color. Yeah,
20:14it almost looks like there's some browns in here, too. Exactly. Moving into the hall and
20:18downstairs bath, we'll use the same floors and the tub surround as the primary, but in white.
20:24And then for the wet bar in the rec room, we'll do the same calves and the counters as the
20:28rest of
20:28the house, but use a white decorative, almost mosaic tile in the backsplash. And that's all she wrote.
20:34Now that you approve, I'll order it right now. We've got to order it.
20:36Kamahai approved. Swipe the card.
20:42Damn. I mean, I see framing is done. I see framing. I see electrical rough.
20:48Ruffing. Some plumbing rough. But there's still no drywall up. Where is everybody? Like,
20:53I hear, is there one guy out there? There's one guy outside. Why is only one guy here? Every day
21:02that
21:03there's one worker means that's one day of falling behind and more behind and more behind.
21:09I just, I don't know, babe. We took on this deal thinking that we could get this lower level
21:15permitted as an ADU, which would make the deal worthwhile. Now we can't do that. So we took a
21:21hit there. Any delays or overages or just anything that happens affects the bottom line at this point.
21:28So we really just need to get things moving and have things go smooth. Hey, are you leaving?
21:34The one guy is leaving. You got to go. He's really leaving. Our one guy is leaving.
21:40I'm just discouraged, honestly, because I just feel like we should be further along. Nobody's answering.
21:46We have no answers as to why nobody's here. We're just losing money every single day.
21:51I just don't know what to do. I mean, we're on an island. The labor pool is limited. The only
21:57other
21:57option is we fire them and we bring in a new crew.
22:04I just don't know if we can do that. Then if we fire someone, then does more time pass and
22:10we fall
22:10further behind while we're trying to fill with a new crew? Let me try getting Dave on the phone
22:15and see what we can do.
22:33I've been telling everybody for two weeks. I have been telling everybody
22:39for two weeks and nobody is there working at the house. And now I'm the only one that's getting
22:46the end of the deal. Not you. You're still getting paid. And then you tell me it's not your problem.
22:52It is your problem. I hire you to do it.
22:56Okay. So if drywall isn't finished tomorrow, you're going to come on Sunday and make sure it gets done.
23:02Okay. Bye. You all right? No.
23:08We have to do something. It's going to cost us more money to fire a contractor than to put up
23:16with
23:17these guys right now and bring in some extra labor to kickstart this project and get done way quicker.
23:26So you just want to hire more labor to come in and do whatever can be done to push the
23:32project forward.
23:33We're four weeks into this project and one of our best crews is now available. So we spend a little
23:40bit of money right now, get the project done, kick it into high gear, finish. It'll save us
23:47probably 10, 15 grand on the back end. I'm just frustrated that we even have to do that
23:52in the first place. We got to dig ourselves out. Like we're not in good shape on this one.
23:58I know. I'll call the guys. I'll have them come in and start like right away.
24:12Now that we got a bigger crew, our guys can get full steam ahead cranking on this house. Let's go.
24:25We got some drywall happening. Drywall is up. It's good that they're finally kicking into gear.
24:34We got some drywall. We got some drywall. We got some drywall. We got some drywall.
24:54With progress moving forward on the house, we're meeting with our landscaper, Regan,
24:57to get a coat to trim these massive mango trees that are blocking all of the view. Improving
25:04an obstructive ocean or mountain view in Hawaii can add a ton of value to a house. In this case,
25:12I'm thinking we're adding about $60,000 to the sales price. All right, man, let's go talk about these
25:19humongous mango trees. Right? I mean, they look healthy. I mean, they're fruiting, they're healthy,
25:23but this one right here, you see right here, it's cracking the foundation of the wall right
25:27here already. Yeah. You know, and who knows, it's only a matter of time before it starts pushing the
25:32wall. It's already going like that. Yeah. I mean, this is a humongous tree. I would remove this one.
25:37I would totally get rid of it. Completely remove it. Yes. You know, I'm surprised that it hasn't broken.
25:42You know, I mean, you have to crack right here. That's what I was going to say.
25:44What about this one? We want to try and save one mango tree. Definitely want to take it away from
25:49the
25:49house. I would just clean it up, take this whole branch off right here, and then just lift it up
25:54a little bit. Yeah. This is definitely the biggest mango tree I've ever seen. Yeah. Oh yeah, it's big.
25:58That's guaranteed three trucks. What are we thinking that's going to cost us? I would say you're looking
26:04at about $20,000 about, you know, for everything. That is not what I thought. That's insane, dude.
26:10I mean, $20,000. That's basically our entire landscape budget. It's more than our landscape
26:21budget because that doesn't even include us freshening up the actual what's left, you know?
26:26I know. This is just another huge hit to the never-ending money pit. How long do you think
26:32this will take? Maybe three days. Okay, three or four days. About three days, yeah. Okay. Do you think we
26:36can salvage
26:37any of the wood and maybe something? Oh, of course. Of course. There's going to be a lot of thick,
26:40big branches. Yeah. This is a big job, so we can't start for three weeks. All right. Well,
26:45thanks for coming out. Yeah. I appreciate you, man. Yeah. Thank you, man. Appreciate it.
26:57So we're moving into what was originally supposed to be our final week, but cabs have officially arrived
27:02and are getting installed. And while that goes on at the house, Tris had an
27:06awesome idea for a special feature in our kitchen and our downstairs rec room. Today,
27:14we're headed out basically to North Shore to meet Joshua. He is a woodworker and we're on a mission.
27:21Look at this. This is the coolest. I mean, this is the mango house, so I feel like we need
27:27to incorporate
27:28mango. What's up, buddy? How's it, man? How are you? Good to see you. Yeah. One thing about mango
27:34wood is that it holds a ton of moisture. So we have all this mango wood, but it's going to
27:39take
27:40at least a year for this wood to cure. To dry out. And we just do not have that time.
27:46So we're looking
27:47to trade the mango tree wood that we're cutting down in the next week or two. And he gives us
27:52some
27:53finished mango wood. It's going to add a super unique design element and save us a lot of money,
27:58like two thousand dollars. It's the good old-fashioned barter system. Yeah. I give you this,
28:04you give me that. So we're thinking a countertop for the wet bar that's downstairs and then a hood
28:10vents around. So actually, I have some pieces over here that I think would be ideal. Oh, wow. Look at
28:16that. So you still have to use a lot of imagination. This is right off the mill, but when we
28:21put a little
28:22bit of water on it, it really shows you a hint. It's going to be there. When we put the
28:26finish on. Oh,
28:27yeah. Look at that. Wow. Yeah, that's wild. It really just comes alive. Yeah. Yeah. And this,
28:35you can tell. So this is called compression curl. So there was a branch coming off here.
28:40And over the years, as that branch is swaying in the wind, the fibers like break and then regrow.
28:46Wow. And it gives it that compression curl. All these trees have stories. It's telling a story.
28:50That's what I was going to say. I think this works for the vent hood. Great. 100% agree. Yeah.
28:55What do you think for a countertop? I have another one out here. Okay. Let's go. Let's go out there.
29:03This one. We've got the width. We've got the length. Right. And already it's kind of giving us
29:09some hints. It's already giving countertop. About how cool it's going to be. I love it. Yeah. You can see
29:14that bit of curl right there. How amazing is that? Oh, I'm excited. It's going to be so beautiful.
29:20I think so too.
29:28We are coming down to the wire here in Kymel Key. We have the last of our exterior tile getting
29:33installed and we have countertops and backsplash going in.
29:39And Joshua got our mango wood done a week early. So the crew is installing those as well.
29:54We've got one week left and it's all hands on deck. What's up, man?
29:58The tree guys are here today and so is the furniture. I mean, these are the biggest mango trees that
30:05we
30:06have ever seen. Ever. They were hanging over not only our house, but the neighbors' houses as well.
30:11Yeah. And I'm super worried that they're going to cause some major damage. So we're here to make sure
30:18that doesn't happen. To increase our blood pressure. We got the whole crew, crane and all.
30:23This one got to go and then this one just totally trimmed back. Yeah, we're going to
30:27probably round it right across there, round it over there a little bit and clean it out real nice.
30:31Maybe do a light raising up. Right on. Let's go.
30:44We just finished putting a ton of money into this house and it was stressful. We spent a lot of
30:51money.
30:51We went over on a lot of things and now it's finally done.
30:56Oh my God. Any mishap and one of those tree branches could go right through our roof.
31:03Just equals damage. Yep.
31:08Holy . Babe, you're freaking out. What the heck?
31:14Oh, bro. Just bushes. It's not a big thing. We're good. We're good.
31:19This is the one I'm terrified about. The one he's about to cut down.
31:23Yeah. He's going to cut the rope. This is wild.
31:27Not only will the branch take out that whole side of the roof, he will also fall through it.
31:34Holy . Holy . Holy .
31:40Holy . Holy . Yeah.
31:42Oh. That's crazy.
31:45Scare you guys? Yeah. That one got the blood pressure going for sure.
31:55Oh my gosh, babe. I don't know if I'll be watching anyone tree.
32:00Yeah. I feel like maybe we don't hang around when they're cutting the trees down.
32:04No. I mean, I think these guys got it covered.
32:06Why don't we go in the house and get ready for furniture?
32:12Just a bunch of little things, right? I mean, it's a lot of little things.
32:15It's always like that. Let's go.
32:19A moment for the Kalama Oat. It looks so good laid down.
32:24The contrast is good. I mean, come on. I know.
32:38It's so good. It's a bomb diggity.
32:40It's not funny, but it is funny that you have to duck to see the view.
32:44Yeah. And it was here all along, just hidden.
32:48You feel good? I feel good. I think it's really cute.
32:51Yeah, this is a special one, babe. It feels really good.
32:54It feels really good in here. I hope that Sean likes it.
33:00Speaking of, looks like he's walking up right now.
33:04Yo! What's up, brother?
33:05How are you? Hello.
33:06Nice and beautiful day. How are you?
33:09Good. You still?
33:10Good, bro. Good, good, good, good.
33:11This ain't the same property.
33:13Just the whole picture is very, like, clean, real natural.
33:18I agree.
33:19Very inviting.
33:20Yeah.
33:20It wasn't inviting before, that's for sure.
33:22No. You couldn't even see the house.
33:24It was just two massive mango trees.
33:27We removed this one and totally trimmed back that one.
33:30It really changes everything.
33:32The footprint of the house is exactly the same.
33:34But aside from that, everything changed.
33:37We did this accent, wood, dark tile look down below.
33:42I think it gives it that perfect pop.
33:44And then there's not a ton of it, but it makes such a big difference.
33:47Huge difference. I can imagine if it was just white.
33:49It's black. You know what I mean?
33:50It was just boring.
33:51You need that pop.
33:52Paul, you want to go inside?
33:53Because it's hot out here.
33:54Let's go.
33:54I mean, we got to check it out.
33:58Ta-da!
33:59Oh my goodness.
34:02Look at this.
34:03It's not the same house.
34:04It's right inside and out.
34:09Getting rid of that mango tree and now having all of this natural light flood into the space.
34:16That's all I needed.
34:16And you have, I mean, look at this view.
34:18You can't go wrong, dude.
34:19And it's the same square footage in this area.
34:22Same square footage.
34:22100% the same.
34:23What an illusion.
34:23That was my biggest worry.
34:24Who would have thought just cutting some trees makes this space feel so much bigger?
34:28It was all here.
34:29I mean, everything was closed off and now it's just light, bright, wide open.
34:35Oh, I love these dark floors.
34:38Feels good, right?
34:39It's awesome.
34:39Yeah.
34:39Going with a dark floor was kind of risky.
34:41Risky.
34:42You think it might make it feel smaller, but it didn't.
34:44It doesn't.
34:44Not at all.
34:44It gives it a cozy cottage kind of feel.
34:47Cozy cottage.
34:47Old Hawaii.
34:48Kaimoki is old Hawaii meets new Hawaii.
34:50Totally.
34:51Like kitchen.
34:52There's a big wall or something here.
34:54Well, this is where that peninsula came out right here.
34:56Peninsula came out and it had uppers.
34:58So it was all closed off.
34:59Right, right, full block off.
35:00But now it opens up to the living room and it feels so much bigger, so much brighter.
35:05Checks all the boxes.
35:06This wouldn't have been enough.
35:07No.
35:08This wouldn't have been enough.
35:09It wouldn't have been enough.
35:09I think we optimized what was weird.
35:11For a small kitchen, look how much space you have, right?
35:13Right.
35:14Do you notice anything special about-
35:16That we've never done before.
35:18This kitchen.
35:19Mmm.
35:21I noticed that right when I walked in, it caught my eye.
35:23Yeah.
35:24So it's mango wood.
35:25We took that mango tree that we cut down.
35:27We took it to a woodworker who already had like dried out mango wood and we traded.
35:33Yeah.
35:33Oh, awesome.
35:33And you know how important for us telling stories with the house, right?
35:38We try and make it easy for you to sell them, but these are the kinds of things you can
35:41say,
35:42right?
35:42It ties in really well.
35:43So now I can live on in the home, I feel like.
35:46A lot of thought put into this one, I can tell.
35:48Yeah.
35:48Yeah.
35:48Perfectly done.
35:49Now, if you turn and go down these stairs, all of this was just unfinished.
35:54What we did is we cut it up into two separate spaces.
35:59One bringing laundry inside the house now, and then we created an office.
36:05Yeah.
36:05I think you've utilized it.
36:06It's interesting.
36:07Well done.
36:08Love it.
36:10So this is guest bath and two more bedrooms on this side.
36:13Oh, look at that tile.
36:16It's kind of like a modern retro.
36:17It's like bringing back that old classic.
36:19Yeah.
36:19He's freaking kind of key, right?
36:21It's timeless, kind of key.
36:22It's so good.
36:23It's awesome.
36:27And then this room was always here when we staged it as a kid's room.
36:30And another bedroom at the end of the hall.
36:32Really nice.
36:34Last room upstairs.
36:37I'll let you go in first.
36:38The primary.
36:40So obviously this was always here, but what wasn't here,
36:43and I think is the biggest transformation, is behind you.
36:46Flowing right into the primary.
36:48Gotta have an en suite.
36:49Flows really well.
36:50Yeah.
36:50The hall bath was long like this.
36:52Long ways.
36:53Oh, okay.
36:53And it went all the way back.
36:54So we changed the orientation of the bathrooms,
36:56and then put two bathrooms side by side.
36:58We don't have a huge, huge space up here,
37:01but we really maximized every inch of it,
37:04and it feels a lot better and bigger now.
37:07Checks every box.
37:08We pretty much followed every rule of what people need.
37:11You know, the size, the bedroom count, those things, like all the details,
37:15but the design is unmatched, I think.
37:18Yeah.
37:18We've seen most of the house, but we've left one of the probably biggest things out.
37:25We got more.
37:25We got more.
37:26We got more.
37:26We got more.
37:27When we bought it, there was that door in the garage that we couldn't get into.
37:31Being able to use whatever was behind it
37:34was super important for the selling of the house.
37:38So I'm super interested to hear what he thinks.
37:47Into your fully finished rec room.
37:50It's so inviting.
37:52It didn't have drywall on it.
37:53It didn't have lighting.
37:54It looked unfinished.
37:56All the windows were boarded up.
37:57100% felt like a dungeon.
37:59Now it feels like almost like a whole nother house down here.
38:03Look at all the different sections.
38:04You got a dining room.
38:05You got living room, full-size fridge.
38:08We carried the mango down here.
38:10Oh my goodness.
38:10Yeah.
38:11This is cool, yeah?
38:12Good.
38:13Yeah.
38:13I love this.
38:14Well, you're not done.
38:14Go in the bathroom.
38:16Carrying the tile down here.
38:17Those tiles are growing on me.
38:19Yeah.
38:19I know.
38:19They're so good.
38:21You don't feel like you're in a basement.
38:23Not at all.
38:23Like literal dungeon to done up.
38:27I love it.
38:28Do you love it?
38:29Love it.
38:29Well, this is it, bro.
38:31Yeah, that's it.
38:31That's all she wrote.
38:33You guys killed this one.
38:33But I think she wrote a good song here.
38:35Yeah, yeah.
38:35Well, let's go ahead to the front and then we can talk story about numbers.
38:39So, did a little research around the area.
38:42Originally, based on comps and just looking at the activity,
38:46I was coming in closer to like our ARV 1-4 thinking.
38:50Yeah.
38:50Were we talking about ADU prior for this space or the reason why you didn't go that route?
38:56They don't allow ADUs in this area because the sewage system doesn't allow for it.
39:03Originally, I was thinking we were going to be able to sell it for like 1-4-4.
39:08That would have put us at like 70-ish thousand, which is below our normal buy box.
39:14Just with all of those things going wrong, we really need to sell this house fast.
39:20So, the great news is although you went through those setbacks, it's not uncommon.
39:25There's more that are not ADUs than ADUs.
39:28And even though this is considered a rec room, it can create separate income.
39:33So, with that in mind, I'm feeling like instead of being at the 1-4-4 or 1-4-5
39:39we talked about,
39:39I think 1-5 it would be a no-brainer based on where the market is.
39:44I actually have a couple of interested buyers that are in this price point in the area.
39:49So, I'm going to start showing it early.
39:51Just call them over today.
39:51We're going to do some early marketing.
39:53If we can find that perfect buyer, it would turn this project around.
39:58Let's freaking go.
39:59It's on.
40:03Hello.
40:04Hey.
40:05Hi.
40:06Come on in.
40:06I'm cool.
40:07Now the house is ready for a new family to come and live in it.
40:11How's it?
40:11How's it?
40:12Juice, are you getting one?
40:13Good.
40:13But the project is really not done.
40:16Until?
40:17Until the house is blessed.
40:18Hello, everybody.
40:19Hello, everybody.
40:25Hello, Kaimuki.
40:27Aloha.
40:28Aloha.
40:31Aloha.
40:32Is it ready?
40:33Yeah.
40:36It feels good to be back in Kaimuki.
40:38And we absolutely love this house and love this area.
40:42Yeah.
40:42It feels really good.
40:45Hey.
40:46Hi.
40:46How are you?
40:47Good.
40:47How are you?
40:47Nice to meet you.
40:48You too.
40:48What do you think?
40:49Chillous.
40:50You get a 180 degree view.
40:52For that price point, it's like pretty amazing.
40:55We were super anxious coming into this open house, but Sean's strategy worked.
41:01All of the pre-marketing he did was excellent, and we ended up getting an offer above our list
41:08price of $1490 at $1,510,000, which is going to help pull us out of the money pit.
41:16So to break it all down, we bought the house for $980,000 with overages of $13,000.
41:23Our total renovation costs were $213,000.
41:26Our holding and selling costs were $230,000, making our total profit $87,000.
41:35I mean, especially with this house, because of the mango trees and all of the issues with
41:41construction and it potentially being a money pit.
41:45Now knowing that a local couple is going to be able to enjoy this house, it really meets the mission,
41:53and it feels really good.
41:55Yeah.
41:58Good boys.
41:59Good boys.
42:00Good boys.
42:00Good boys.
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