Warning: Should You buy Real Estate under Trump? [2025 Guide]
FULL TRANSCRIPT
should you buy a house in 2025 under
Donald Trump's economy in this video I'm
going to go through a Blackboard session
breaking down what the numbers look like
for buying a house and some risks to
evaluate and at the end of the video
we'll actually do a full walk through of
a property that matches the numbers in
this and we'll show you what kind of
property I think would be a great deal
to buy in this economy but first let's
do some numbers uh let's and you can
adjust these numbers for what whatever
Market you're in median home price in
America is about
$450,000 so I recognize that as I use
these numbers on a $700,000 house it's
going to be slightly above medium now
the reason I'm using this $700,000 house
is because at the end of the video
you're going to see this $700,000 house
is probably in a neighborhood that's
worth $850 to about $900,000 uh
depending on the condition of the
individual property and the size of the
individual property
the reason we're going to use
$700,000 is because this property needs
a little bit of tender loving care we'll
talk about that in just a moment first
though let's talk about the benefits of
positive leverage over time when you put
20% down on a property like this so
let's explain what I mean with this if
we have a $700,000 property and we put
20 thou 20% down we're looking at a down
payment of
$140,000 which would give give us a
First Trust deed depending on the state
it will be either be a trust deed or
deed of trust or a mortgage out here we
use TDS so we'll go with a first loan
basically of $560,000
so $560,000 loan is going to give us a
monthly payment for principal and
interest we'll go ahead and write that
over here our payment is always made up
by Piti which is principal interest
property taxes insurance plus HOA dues
or mortgage insurance if you have it
since in this case you're putting 20%
down you wouldn't have mortgage
insurance if you were doing this math
along with me for your example and let's
say you put 10% down you might have to
include about half a percent uh for
mortgage insurance if you are putting 5%
down you might have to include 1% for
mortgage insurance and the easy way to
do that is just includeed in your
interest in this case we're going to run
the interest calculation at a 6.5%
interest rate fixed for um uh you know
here we'll just do fixed for a 30-year
mortgage I personally don't like the 15-
year mortgages because even though they
pay down principal a little faster they
box you into being forced to pay that
principal down faster if you wanted to
you could always pay your principal down
faster with 30-year mortgage just make
an extra payment every month it R sorry
every year one extra monthly payment
every year and it roughly turns into a
15-year mortgage the benefit of 15 is it
does give you a slightly lower rate
maybe you instead of being at a 6 and
12% be at like a 5.8% but now you're
forced into that higher payment and I
generally don't think being forced into
a higher payment is a good idea
especially since payments already on the
elevated side now so in this case your
principal and interest uh payment which
you could just Google mortgage
calculator for this would be around
$3,500 but I always like to break it
down so this would really be about
$3,050 for interest and about $500 in
principal on your first month so you
kind of are already on month one moving
$500 into savings it's going into the
property value rather than it all being
an expense when you're renting a
property it's all going into an expense
of course and In fairness today interest
rates are a little higher so your total
payment might actually be higher than
what the property would rent out for but
anyway property taxes in this area we're
probably looking at about $700 per month
and then Insurance we'll just assume
about $50 per month so when we total
this up we get to about
3050 37 + 7 about 40 let's make sure we
did this math right
4400 per month and now you're a
homeowner of this property now the
property needs some fix up as well and
we want to evaluate hey does it make
sense to do this should we just be
renting well if you're buying a property
for market value probably makes more
sense to just rent at the moment because
in this neighborhood let's say the
property would rent out for about 3800
bucks let's
say in this case we're looking at a loss
of about $600 per month in 2025 here uh
in sort of the spread between what we
can rent it out for and it costs us to
own it keep in mind you generally also
as an owner are going to include about
$200 a month for miscellaneous repairs
so if I add that in we're really looking
at about $800 a month that it's costing
us to own it versus rent it now in
fairness that's offset a good chunk by
the principal pay down right of that
$800 extra that we're paying above and
beyond renting the property we are
offsetting it by $500 that's basically
going back into the for Savings of the
value of the
property now obviously if the market
value of this property was $700,000 and
that was it might make more sense to
just rent because interest rates are so
high but that's where the beauty of the
wedge deal comes in see this $700,000
property that you're going to see as a
real example at the end of this video uh
is kind of nasty it's a bit of a fix
upper uh and so the property is going to
need about uh let's let's go with let's
assume we're going to do the plumbing uh
the uh supply lines on it as well and
let's go with about an $80,000 budget
for repairs so that is taking a chunk of
change out of your pocket right but
we're going to compare that to the stock
market in just a
moment so uh we've got a down
payment of
$140,000 we've got fix up uh of
$80,000 which means we need to come out
of pocket
$220,000 now this is a lot of money and
for a lot of folks we look at this and
say well it's going to take me forever
to save
$220,000 and this is why many when we
get started with real estate we'll
actually start with a significantly
smaller down payment you'll start with
maybe 10% down which would be 70k half
of this right if we started with even
less like a 3% down payment this could
actually be
$21,000 and what I've often seen people
do is they'll borrow their fix up money
from friends family on a home equity
line of credit or somewhere else just to
get started and the reason they would do
that uh is because they look at hey if
let's say I have a $900,000 house when
it's done and I'm all in at
780k well what I've done is I've just
created
$120,000 of extra Equity by making this
investment that's what I call the wedge
so your all-in costs what you paid for
it plus your fix up versus what it's
worth just make math easy and go for
nine for a moment it could be more it
could be less that's
$120,000 so now in the case of putting
$220,000 down you actually just returned
$120,000 on
$220,000 now technically you haven't
sold the property yet so you haven't
realized that yet but your net worth is
greater by the tune of 120 versus 220 if
you were to sell you'd have some selling
cost so that number would be lower but
you don't want to sell you want to keep
that real estate forever you want to
build your equity in that real estate
just like we're doing with our real
estate company house just buy properties
hold them build equity over time and buy
them up front as a wedge deal the beauty
about this is let's say there's a 10%
Market correction in valuations no
problem might 10% off of this you're at
810 you're still positive uh in fact uh
you'd have probably somewhere in this
case around a 13 14% margin and let's
just divide it really quickly and get
the exact number let's go with
780 divided by 900 you'd have a
13.4% margin of safety or buffer for
Market fluctuations which is nice
because if you bought a property for
market value or maybe it was fully
remodeled and you bought a $900,000
property let's say new construction and
new construction usually sells for a
little bit above market value anyway
because it's brand new and you get all
these Builder incentives so let's say
that property is really only worth 875
now the market drops
10% well now all of a sudden you're
significantly upside down right the
value of the property is closer to $800
or $790,000 but you paid nine for it so
in new construction you're often getting
what I like to call an inverse wedge
you're actually paying a little bit more
than the property's worth now there's
some benefits of that with new
construction you might be getting a
10-year Builder warranty one-ear
cosmetic warranty systems warranties in
between uh you're getting you know new
is nice you don't have to deal with the
remodel or fix up or all that headache
but you don't have that insulation
benefit that you're getting from getting
a fixer upper wedge so now all of a
sudden you look and say okay cool I'm
returning $120,000 pretty rapidly in my
net worth my net worth is boosting by
that
120k now you say all right well remember
how it's costing us $800 more per month
to own this versus renting it out right
but $500 is going to principal so we're
really only losing $300 per month in net
worth which If I multiply that on a
yearly basis my net worth goes up
$120,000 on this property day one after
I fix it up but I'm losing about $3,600
per month or sorry per year rather this
is an annual number
so my hope would be that over time rents
slowly start moving up uh and that loss
per year actually falls so let's say
year one your loss is $300 per year year
but then your principal payments go up
because every year you pay more down in
principal than in interest so it reduces
that loss naturally let's say rents go
up 50 bucks next year well every 50
bucks is another $600 off that yearly
figure plus the principal pay down this
could quickly turn into - 2600 for the
year -600 for the year and so on to
where you know after 2 or 3 years okay
big deal it takes off maybe 10 or
$15,000 off that Equity boost there no
problem it's gone you're not worried
about that rental loss anymore but
there's something else that's kind of
neat about all of this as well and it's
called Leverage appreciation now
obviously this can work both ways and
this is why I like the insulation of a
wedge deal but let's say that the market
appreciates over the next 5 years
10% okay well now you've generated an
additional $90,000 in value which means
you've generated $120,000 plus $90,000
in value you know adjusted a little bit
by some of these numbers here so you
know I'll just call it $200,000 for the
sake of argument and that $110,000
adjusted out over there now I've
returned
$200,000 in 5 years that's 10% over 5
years is reasonable obviously absent
some very large market crash again in
which case you want some
insulation and as long as you're not
planning on flipping the property you
can make the monthly payment your risk
is generally very low on a 30-year
mortgage because you can't get more
margin called excuse me so now you've
got
$200,000 after 5 years here this uh
$200,000 uh is equity you're not paying
tax on it which is great unless you go
to sell and even if you were to sell you
have some homeowner exemptions if you're
living there you turn it into a rental
you could take that Equity get a home
equity line of credit and use that to
leverage this Equity without paying
taxes and buy another property but think
about what you've got here you put
$220,000 into the property down payment
a fix up and now you've after 5 years
returned $200,000 you almost got a
complete doubling of your money with a
margin of safety this is something that
stocks don't offer you see we know going
into buying this property we're buying
it for less than it's worth 700,000 in a
you know 850 to 9 neighborhood uh
depending on on conditions again we're
rounding here with nine depends on where
we want to put some of these values and
again this is just an example
illustration here so what we look at is
we've got low risk on the downside
because we can make this 30-year monthly
payment we're not going to get margin
called nobody's going to say our loan is
do and payable tomorrow uh which you do
get with leverage in stocks which is
very risky especially in a volatile
environment and real estate generally
moves slower so we're getting the
benefit of no margin but we're also
getting the benefit of the insulation of
the wedge we're getting the benefit of
principal pay down and we're getting
leverage depreciation see when the
market goes up 10% it goes up on the
home value
10% but our down payment was only
$220,000 so 90k as a proportion of
$220,000 well let's look at that 90
divided 220 is actually a 40% return
which is quite remarkable that's the
nature of Leverage
depreciation uh and it's even though we
put 20% down you'd think it'd be 5X
that's offset because of the fix up
money here so this gives you a a
relatively safe way to buy real estate
when you can find good deals now where
do you find good deals well they come up
on the market all the time or you go to
open houses you stay tuned you pay
attention to markets you talk to
Realtors and people will send you a good
deals what you really want to do is look
at the property what it's selling for
and what the comps are selling for and
there should be a very large disparity
and usually it's because when you walk
in the house is stinky and there's some
kind of problem it's got R poop it's
Mells like urine or whatever you got
some work to do that's okay you're
getting paid to do that work you're
getting paid for that effort your net
worth is moving because of that uh so
we'll go into the video tour here now
but this gives you an example of how it
could make sense to buy real estate at 6
and a half% interest rates mind you also
that if in the future no guarantees of
this obviously but if in the future
rates are lower you'd be able to
refinance that payment uh and and lower
your payments significantly while still
having the benefit of the wedge
insulation and leverage
depreciation make sure though that your
job is stable because the last thing you
want is to have a large payment and then
you lose your job that said homeowners
are pretty dang protected in America so
it's not uncommon that even if you were
to lose your job and you couldn't make
your payment for 6 months until you
found a new job banks are really
reluctant to foreclose these days and
they often just take those 6 months and
add it to the back so you no guarantees
to that and you don't want to plan for
that but even in the worst case scenario
uh there there are some pretty unique
options markets present now and there
you have it real estate analysis in 2025
under Trump hey so a lot of folks have
been wondering what it's like for a pro
to walk through a house compared to a
noob so uh we're bringing back a noob
verse Pro so the first thing that I like
to do when I get to a neighborhood is I
like to look around see those Yellow
Doors over there nice remodel that's
great good nice new fence we got an RV
driveway to the right over there I like
seeing how nicely they've remodeled and
sort of tried to hide that RV back there
as well and look I'm parked right next
to a pretty gorgeous one as well new
roof also an RV new windows great doors
I mean I look around and I say hey you
know what these These are good signs I
like to see that in a neighborhood that
people are updating and maintaining
their homes I think that's one of the
first things you should look at when
you're looking into buying real estate
noobs will often just look at the
individual property and they're sort of
blind to the neighborhood I think that's
a big mistake you want to ideally be one
of the worst homes on on the Block that
you're buying you don't want to be the
best cuz otherwise everybody's drawing
your value down uh so you know I don't
necessarily love the design of this
second story property over here but it's
a sign that people have added on in the
neighborhood which is a pro indication
that people like the neighborhood they
want to be here this driveway by the way
this is good Ken this is expensive a lot
of these were uh
probably updated over time and had the
original concrete that just rots and
cracks well it doesn't really rot it
just cracks away but somebody spent a
lot of money on pavers here uh which is
pretty cool and the pavers are in decent
shape whereas a lot of this not so but
that's okay uh all right let's take a
peek inside so I usually the first thing
that I look at when I'm out
here and I see solar uh is I think okay
do we own it or do we lease it I hate
the leases I hate the power purchase
agreements uh I think I honestly think
they're a scam in fact I've made videos
on how I think they solar
scam they hold up a lot of resale
transactions however something that's
neat about these is on this particular
transaction uh they have a cancellation
Clause that allow you to cancel with no
cost which is shocking to me because
there's a $35,000 balance on
those unless you want to inherit the
monthly payment you can cancel for no
fee which is incredible because whoever
installed them before they did they also
put on what looks like a pretty dang new
roof you could see this roof is in
fantastic shape this is a probably a
30-year roof looks like it's in great
shape maybe trim the tree a little bit
so you get a little bit less debris
obviously you'll have some patching to
do if you do decide to remove the panels
this property which is a fixer it's got
some fantastic dual paint Windows here
these These are color dual paint windows
they're not brand new but they're great
condition I'd say they're less than
probably 10 years old uh you've got some
discoloration on them but they look like
a higher quality dual pin window so
looks exciting to me they added gutters
this is somebody who is selling a
property in a rough shape but so far the
bones look fantastic this is the
expensive stuff you know somebody who
really cares about the property is going
to put in a new roof and gutters and new
windows I mean even out here they added
an outlet for something they had here at
some point they spent the money and time
to make sure it was a GFCI outlet even
though the whole circuit's probably GFI
they wanted a GFI here again to me just
indicates the person who lived here
before really cared about the property I
like those sort of homes I don't like
the homes where uh you know the person
who's living there just doesn't care and
you could tell uh so anyway let's go
take a look could I pass that off to you
sweet thanks uh I don't know why it's on
that AE lock but whatever so so uh oh
that's pretty stinky so I don't know
what what happened but uh it smells like
cat I I'd go with cat what do you think
Ken I think so all right yeah yeah I'd
say cat uh a lot of cat urine as my
guess so I would say um you know I mean
obviously you're going to remove the
flooring anyway but all of this pad is
probably just saturated with that urine
smell so obviously you're going to have
to do a whole repaint and REO but that's
the easy stuff that's the cheap stuff
that's where the value comes in you know
people come in they smell this stuff the
noobs are like ew gross I don't want
that that's nasty it's like okay well
the expensive stuff like you know
$20,000 in Windows $330,000 probably for
that roof they put on um maybe not that
much maybe more like 20 but they spend a
lot of money on on the expensive things
that don't really add prettiness now I
hate the texture on the ceiling here so
I'd redo the ceiling I hate solar lights
so I'd get rid of that you some people
like those it to me it seems like you
had a dude here that uh did their own
versions of remodeling like this is a
dark stained like 9s flare that they're
TR like this is '90s right here but then
what they're trying to go with with this
darker stain is almost like a more
modern Craftsman uh this is actually
pretty nice if it weren't for these
elements and then maybe you had it white
it looked pretty modern the tile this is
like a 99 cent tile doesn't really
really match with it in my opinion but
it's it's again it's a sign that this
person probably hired the best
contractors to do work because the the
actual quality of the work looks pretty
good on everything I'm looking at you
obviously minus the fact that it's a
fixer but again as as a pro I I I like
looking at this this you know Noob might
not even think twice about this window
but this property wasn't built with a
window like this uh and these windows
are like four times as expensive as a
regular window to have sort of this more
Garden style window and they had
something here like maybe plants you
know given some of the mil oh well yeah
so obviously they had some plants here
uh and who knows maybe when they were
spritzing their plant they kind of
messed up the window but that'll you can
wash that out so what do we have
here well jeez interesting okay so these
are the original cabinets and
uh wow yeah no this was probably an
elderly person who' lived here for quite
a while uh and they did a lot of stuff
themselves this is something they they
did themselves I'm guessing cuz this is
sort of these are funky
add-ons obviously cleaning wasn't the
biggest priority for them unfortunately
but that happens in these and it creates
good
opportunity uh wow yeah this it it's
possible what I've seen in cases like
this is you get people they hire
contractors to do all this sort of
upgrading but they're hoarders and so
they slime it all up oh there's your cat
door so I mean honestly a kitchen's
probably a start over I I like the Ikea
kitchens I know people get mad at me for
saying that but Ikea kitchens are
freaking amazing uh great cost at uh and
great value but uh this door is a Hol
core door it has a hole in it anyway so
you'd have to replace it with a
self-closing one no big deal here that's
pretty inexpensive they're 250 bucks for
the door they have a built-in water
filtration over here for the
refrigerator that's interesting I'm
telling you these people they spent
money on all the little things that they
wanted then they just pooped it up with
with grossness it's this is the
definition of the kind of property that
you want to buy this is you know know
$850 to $900,000 Neighborhood it's
listed for $6.99 most home buyers are
going to absolutely hate this uh okay so
why did they do this see this is
odd um so this is what happens when you
have dissimilar Metals you get this
galvanic corrosion which is exactly what
this is right here so you've got uh
copper uh next to or attached to this
galvanized usually you'll separate them
which I can't tell cuz it's all taped
and rusted over but usually you'll
separate them with a brass connector but
anytime you have dissimilar Metals
connected you're more likely to get
corrosion and the water heaters not in
the best shape and Ken do you have a
flashlight on your phone by chance I
just want to see this up here I think
there's a chance you may still have the
older Plumbing in the property let me
grab that if you don't mind so yeah well
it's little does anybody have a
key this yeah no this is the old galv
yeah you could see sort of the rusting
of it here yeah so this is all pretty
original I would argue this water heater
is at the end of its life and that the
plumbing is still original here you
still have the asbestos uh exhaust pipe
uh which isn't a health concern unless
you're going to go eat it but the things
they've done they seem to have done well
but Plumbing oh yeah it's all still the
original galvanized at least over here
we'll look under the kitchen too so I'll
borrow this again for another
moment
but my guess is I also don't think this
was built with an island originally this
would have been a wall so then they
removed the wall here and tried putting
in can lights so let's see what could
changeed over here nice gross look at
the sort of mildew in the filter uh
again they spent like they spent a lot
of money for the systems then they just
never maintained them uh sad so all
galvanized Plumbing over here too coming
out from under the slab you could just
see it's coming straight up so you got
your original
Plumbing that's probably the only big
expensive thing I see so far uh let's
see obviously then you got Cosmetics
what else do we have oh Canen I'll give
this back to you
uh
actually yeah it to me everywhere I look
the uh electrical work they've
done it seems like professionals came
and did it that although this hot wire
is about to slip out but uh and it's
hard to say if they've replaced all the
wiring in the home since I know this is
just the new portion so I see the
grounding wires I don't know if the
original ones do but I'm going to guess
that they do H oh no we've still got see
here's still original oh we've got
grounding over here which is nice so you
do still have some original wiring in
the home so they probably just added new
because look at this you take one outlet
and this was probably where their
entertainment center was and they've
done these Outlet upgrades everywhere I
mean look at there's 20 there are 20
different outlets in here it's
incredible cosmetically a disaster uh
okay wow what is this oh my gosh I don't
think I've seen this before fabric on
the wall where the headboard goes sort
of like a wall headboard my Lord who
comes up with this
stuff that is bizarre uh again these are
the inexpensive things and they added a
vent here so almost like they were
trying to cool this area because they
had a server Rack or something odd that
there's a vent but anyway uh these are
the perfect cosmetic things that are so
easy to just rip it out paint and uh and
redo with without much uh
expense well this looks cool again they
spent lots of
money on uh on expensive things and uh
little money on maintaining so let's see
what we have up here uh okay let me take
a peek first so oh this is this is
incredible they spent a fortune doing
this y'all can actually if you want come
up here this is
remarkable uh so there are rat turds but
this is really impressive because it's
they spent the money to plywood their
attic they've got insulation under the
plywood yes you have
rats a lot but that's solvable uh I see
the entire HVAC system has been redone
so uh new ducting all the asbestos
ducting is gone the insulation looks
like it was redone they spent a fortune
doing this work right here uh little
lazy that's the bathroom vent right
there and see this this lower one here
and see how they did this vent where it
sort of lazily comes up to here so the
moisture from your bathroom is going to
go through this and then kind of just
float in this area the idea is that it
goes all the way up to the vent but I
mean they could have added a foot to
this and and then not had potential uh
moisture issues you also see some
staining here that's probably from the
old roof so I wouldn't be worried about
the staining because you know somebody
will look oh my gosh the roof's leaking
I'm almost certain that's going to be
the old roof it's possible the solar
panels you know leak where where the uh
panels uh mount to the roof but it's
unlikely given uh we don't see any
evidence of leak on this plywood or
below now you've also got this is your
return right here and then your furnace
is actually an attic furnace all the way
at the end which is fantastic because it
means they've moved the furnace from
likely the closet right here at the
bottom of this stair Set uh up here into
the attic which is expensive these
people way over improved this property
and I absolutely love it uh okay this is
a little funky whoever did this this
unfortunately I'm going to guess
this set here has to do uh I was going
to say maybe the um Solar Company but I
don't think the Solar Company would do
it this sloppily whoever installed this
electrical I don't love let me see if
it's loose enough it might be loose
enough for me did you fall okay let's
okay all
right okay so don't love the work in
here usually when you see ah
somebody did this themselves so this is
not it's not a clean electrical install
the use of tape around the wire nuts
isn't necessary uh it it signals sort of
handiwork uh that I don't I don't love I
would have an electrician probably come
and fix some of this but I mean it
shouldn't be loose like this uh the wire
should be clamped inappropriately
somebody had the right ideas but whoever
did this portion funked it off also this
sort of like drywall screw in over here
to maintain uh uh your your Rox here
don't love um good attempt
but I I don't know that I would want to
put a lot of electrical loads on it so
interesting somebody this person lived
for their home I mean look at all these
vent Stacks I think in almost every room
I think these are what we're seeing they
have what I see like six of these
different vent Stacks this is remarkable
they're everywhere
very odd uh and and certainly an over
Improvement and then I've got some
extension cord work over here like to
see where all that's going but but
anyway that's uh that's the attic so I'd
say overall this is I'm pretty impressed
with a lot of this so far and the fact
that it's got rat turds all over and
stinky is awesome and I love that they
used a towel rack as a handle for
getting down that's brilliant okay so
what else do we have in this property
well well yeah sure I'll grab it uh
there we go thanks we'll go back to
selfie mode over here so this right here
would have been where their furnace was
and see now here's your return which is
great so very
impressive then what else do we have we
go over
here okay this
is well some drywall work acoustic
ceiling they didn't spend much time in
here we got a ceiling fan Mount double
check that that's actually mounted uh
they did a four panel door over here
very cool okay I can take care of that
in a moment then what else do we have
some funky molding over here this is the
only place the molding wasn't finished
this certainly looks
do-it-yourselfer so the things that were
done by contractors here seem very well
done like the windows for example the
things that were sort of do it yourself
a little more questionable and uh yeah
good old Plumbing it's probably the one
thing I might be tempted to update
structurally is the plumbing obviously
and then the Cosmetics vanity drywall
paint
flooring but uh boy every everywhere he
possibly could he added more Outlets
I'm assuming it's a he based on the
designs this is uh these don't seem like
women inspired
designs so but yeah you can see just
over time the hoarding mess what about
the backyard what do we got here more
pavers more
money very expensive they probably had a
spa here and it's very nice that you
have the
Electrical uh run over here it's like
a
some opportunity to set a spa here and
run your circuits fill up water looks
like they had a lot of forethought in
what they did that's a nice backyard oh
here's a here's a spa that's built in
how interesting so maybe then here they
just had seating or gazebo or something
uh
AC nice I haven't seen this look at this
they for the winter months they put a
lid so it doesn't rain in there I this
is Incredible Cool C this is so cool I
I've never seen this before and it's
kind of brilliant you know this is all
common in in snower areas where people
will actually bag the whole thing uh for
the winter months so you don't get snow
and and freezing or whatever in there
but uh wow oh my gosh this person added
circuits everywhere they could really
incredible yeah Outlets every I think
they've probably added like 200 Outlets
remarkable so nice fence over here
private uh it's got a Chimney Cap yeah
okay so to me this is this is the
definition of a wedge deal uh which
would
be added grounding rods did they do a
good job
that could be deeper I shouldn't be able
to wobble it like this honestly if I
grabbed it it probably just come right
out that's pretty weak on grounding so
i' probably want to drive the grounding
rod a little deeper than that but that's
all right who did
this all right okay so this panel is
interesting it was
probably well I mean almost certainly
done with the the Solar Company care p
pass that to you for a sec certainly
done with or for the Solar Company but
no arc fault breakers which means it was
probably
done uh more like 10 years ago I want to
say what does this
say uh that either says 2010 or 19 which
would be about 6 years ago that could
make sense I'm just surprised you don't
have any arcal Breakers but that may not
have been code right when they installed
this but uh I let see if they have
permits for
it plenty of circuits my gosh they
upgraded every circuit in the house to a
20m AC's on the 30 plugs 20m 20m kitchen
plugs 20m 20m patio plugs 20m bedroom
plugs 20m bedroom lights 15s over here
fine living room plugs plugs lights
dining room family boy they put so much
effort into making sure they could
always plug something in really
incredible oh they have a sub panel
somewhere too okay well good for them
I'll close that fully in just a moment
solar inverter is over here this would
all be if you got rid of the solar
system they probably take it all paint
the outside love this paver work though
this is really incredible they spent so
much money to crap it up like this but I
love it I mean little to do here it's
drywall kitchen bathrooms flooring paint
you know call
it uh drywall and pain inside outside uh
flooring
probably it's probably like a 75 K in
terms of Renault it sounds reasonable
and then you got some demo depending on
how much you want to do
but it's just cuz it adds up quickly
right I mean paint inside out 15 uh
drywall is going to be another
5ish uh if you wanted to do the plumbing
that's going to cost you could do that
before you do the drywall
work you could run it through the attic
pretty easily because of how they've UPG
upgraded
it this is a good deal so if you bought
it for say you bought it for seven you
put 75 in you're
775 with these upgrades could it be an
875 house and have 100K wedge probably
is it a 9 maybe not would it be nice to
get it for 650 put some more spread in
there yeah but uh otherwise impressive
house so that's my review as a pro of
this property
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