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A Juicy House! | Noob vs Pro Real Estate.

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0:00

hey we're going to do a throwback back

0:01

to 2018 when we used to do a noob verse

0:04

Pro Series in real estate and so that's

0:06

what we're bringing back as we're

0:07

traveling to look for real estate for

0:09

our real estate startup house hack let's

0:11

go ahead and start with some new versus

0:12

Pro tips and we'll start with the

0:13

outside an easy way you can spruce up

0:16

this front is just paint the garage door

0:17

you could do it yourself in a single day

0:19

probably it's not going to cost you any

0:21

more than like a gallon of paint and you

0:23

can see you've got the mismatch of like

0:24

fingerprints and discoloration over here

0:27

even some screws sticking out somebody

0:28

screwed something through the other side

0:30

quick little bit of paint the pro knows

0:33

we can spruce up this curb appeal

0:34

quickly with 50 bucks and a little bit

0:37

of Labor the noob is looking around

0:39

going oh but it's warped what if I have

0:41

to replace the whole garage door it's

0:43

going to cost me one to two thousand

0:44

dollars forget it paint and you're good

0:46

here what do you think about that Jack

0:47

good idea he says good idea okay let's

0:50

see what we got inside

0:52

so inside the first thing you notice is

0:55

the way this house is laid out is

0:57

there's not a lot of overhead lighting

1:00

the only set of overhead lighting you

1:02

have here is this sort of lighting most

1:04

of the newer real estate buyers are

1:07

going to come and say we're going to add

1:09

canned lighting everywhere we're going

1:12

to add all this electrical and you end

1:14

up with an electrical invoice of five

1:16

grand just in wiring and circuits and

1:19

then they sell you a panel upgrade in my

1:21

opinion the easier thing to do here is

1:23

brighter paint these color schemes can

1:27

be a lot brighter without being white

1:28

you don't want to go hospital white but

1:30

look at this nearly mustardy orange that

1:32

you've got over here nice bull nose

1:34

you've got like a mat to semi-gloss over

1:36

here I prefer flat it looks a little

1:39

less rental grade but a brighter color

1:41

like an edge comb gray big pro move to

1:44

really brighten the space up obviously

1:46

it's Arizona it's a hundred and what

1:48

nine or something Jack what's the

1:50

temperature 100 something

1:51

98 fine it's almost 100. uh it's

1:54

supposed to be 109 later today and uh so

1:56

we keep the windows closed just to keep

1:58

things nice and cool so you come into a

2:00

kitchen like this a lot of the noobs and

2:03

many of you have been watching my

2:04

channel for a while you already know

2:05

this a lot of the noobs are coming in

2:07

here saying we need a whole new kitchen

2:08

rip it all out this is a 2000 early

2:11

2000s build this was a 90s style this

2:15

90s style really transitioned into the

2:18

early 2000s so pretty common to see this

2:20

a lot of people are looking to just

2:22

going ew I don't want these cabinets

2:24

especially when you look inside I hate

2:26

to say it but they're like they're kind

2:27

of gross on the inside these don't even

2:29

have the white boxes they're like a

2:31

mustard on the inside I I don't even

2:33

want to use this kitchen but the actual

2:36

box uh there's no wallpaper in here the

2:39

frame this is a wood frame with a thin

2:42

veneer in the middle it's actually good

2:44

quality stuff you just need to number

2:46

the doors and the pros gonna come in

2:48

take the hinges off number the doors

2:49

spray paint these all white just make

2:52

sure you use a good wood primer and then

2:55

a good Cabinetry paint don't use your

2:57

regular latex paint get a good Cabinetry

2:59

paint on this and uh which could end up

3:02

being the latex as well but like usually

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you get like a urethane on here uh and

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uh and uh watch some of my videos you

3:09

could type into YouTube meet Kevin uh

3:11

it's like I don't know 300 kitchen

3:13

remodel or something like that and I'll

3:15

show you exactly which products to use

3:17

but you could transition this kitchen uh

3:19

with a primer coat and maybe a couple

3:21

coats of color I'd go for the white so

3:23

you'll probably you'll need two white

3:25

coats if you go with the gray you might

3:26

do one coat but Gray's already starting

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to transition out and white is just

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Timeless you also have to consider the

3:33

top see a noob is going to come in here

3:35

and go but Kevin you know I want the

3:37

modern uh beige colored cabinets or or

3:40

the gray cabinet or whatever it's just

3:42

not going to work with this top this top

3:44

will work with white I don't think it'll

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work really well with a gray or a blue

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and now you're doing a new top but then

3:50

you get somebody who comes comes in and

3:52

they want to start rebuilding your

3:53

Island and and now you're spending 10

3:56

grand where you should have just spent

3:57

you know less than a thousand I would

3:59

call it a thousand bucks to repaint the

4:00

cabinets then add some nice Hardware add

4:03

your personalization like that don't

4:04

overspend hey by the way if you want to

4:06

Shadow me we've brought back shadowing

4:08

so you can Shadow me as we hunt for real

4:10

estate and house I get to talk to me as

4:13

we explore real estate you get to pick

4:14

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4:16

scenes it's a great experience and if

4:18

you're looking to get into real estate

4:19

diversify your Investments learn pick my

4:22

brain about something else and Now's the

4:24

Time to check that out link down below

4:25

the last time we sold out so quickly we

4:28

had to shut it down for like three

4:29

months just to catch our breath check

4:31

out the link down below right next to

4:32

the link for the courses over here same

4:34

thing with that overhead lighting but

4:36

again uh paint Scheme change will help

4:38

possibly even a floor because what we

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have here is an older ceramic tile with

4:43

the darker grout lines it's giving you a

4:45

little bit more of that dated look you

4:46

can really transform this property with

4:48

just paint and flooring it's probably

4:51

the extent that I would go here so

4:53

looking at the same thing with all the

4:55

cabinets by the way bathrooms you come

4:57

in you've got some stains on the carpet

4:59

I'm actually a big fan of buying places

5:01

with stains in the carpet and kind of

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some musty carpet smell you know the

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noob comes in here and does the usual oh

5:07

the nasty carpet the kitchen's nasty and

5:10

there's you know their fingerprints on

5:12

the walls and the garage doors dirty and

5:14

you know you come over to the the

5:16

bathroom for example and you get the

5:18

typical sort of mildew around the edges

5:20

of the shower and so what happens is

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people see this crusty stuff right they

5:24

see the crust around the shower door

5:26

they see the mildew along the inside of

5:29

the fiberglass frame and I look at it

5:31

you got so much mildew it's peeling off

5:33

right here it's not a big deal though

5:35

this is all easily cleanable uh either

5:38

cleanable you could glaze it

5:41

quite frankly somebody with bleach and a

5:43

good scrubber can really clean up the

5:45

shower a lot you've got hard water

5:47

stains on here the noobs coming in here

5:49

doing a new kitchen new bathrooms and

5:52

and they're spending 50 Grand the pros

5:54

coming in here going hey I got a 10

5:56

grand budget for uh paint and and maybe

5:59

some miscellaneous new light fixtures

6:01

and cleaning up the bathroom maybe call

6:03

it another eight for flooring and

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baseboards and you're putting 18 in

6:07

where the noob's putting in uh something

6:09

like uh uh you know 50. uh and and

6:12

you're up you know you've got the same

6:14

potential value play so uh the other

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thing to consider as well is a lot of uh

6:21

Sellers and homeowners they don't

6:23

realize this but they start putting in

6:25

these over improvements into properties

6:27

I'm going to show you a fantastic over

6:30

Improvement now that really you have to

6:32

be a noob to install in your house uh

6:34

but for some people it makes sense I'll

6:37

tell you whom it makes sense for if

6:38

you're making more than 250 000 a year

6:40

and your income taxes are so high and

6:43

you want to offset some of your high

6:45

electricity bill and you've got a three

6:46

four hundred dollar electricity bill or

6:48

more maybe this makes sense maybe what

6:51

I'm about to show you make sense but

6:53

beyond what I just said it doesn't make

6:55

sense for you to make this Improvement

6:58

certainly not for most people so what do

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we have well of course it is a whole

7:04

Tesla solar system now I understand I'm

7:06

not showing you the solar panels those

7:08

are on the roof and it's really hot even

7:09

in here but this is delicious each of

7:13

these has a value of about 15 grand

7:15

maybe with about a 30 tax credit that's

7:19

about thirty thousand dollars that I'm

7:20

looking at here this is a Square D

7:24

backup load Center uh this was an extra

7:27

so you're at you know 15 15. this was

7:30

probably a couple thousand bucks Square

7:32

D is an expensive brand you've got the

7:34

arc fault breakers you got three Arc

7:36

faults over here this is a 100 amp sub

7:38

panel you're going to probably have an

7:40

upgraded main as well hey Jack

7:42

Jack

7:43

hey can you open the garage for me

7:45

and we'll see if they also updated the

7:47

electrical panel out here usually they

7:50

do that top button there right above

7:51

your hand there yeah push it cool thanks

7:54

man so uh usually you know you're

7:58

putting in another five to ten Grand of

8:00

electrical work it's not just the cost

8:01

of these batteries but then it's also

8:03

the cost of the panels some homeowner

8:06

here spent fifty sixty thousand dollars

8:08

probably on the solar panel system that

8:10

they threw in I mean look at this look

8:12

at all these disconnects I don't even

8:14

know why I have these two electrical

8:15

meters maybe that's something they do

8:16

out here in Arizona I've got like three

8:18

electrical meters my goodness uh that's

8:20

almost like one per battery and uh and

8:22

then your main house here I don't know

8:24

I'll figure I'll get the answer to that

8:25

when I talk to the agents here but you

8:27

know this panel is actually original

8:29

which is fine uh so you've got your

8:31

original panel here and it looks like

8:34

what they did is they basically

8:35

abandoned everything and took your 200

8:39

amp panel sized it down to 100 amp a

8:42

main that is now in the garage so the

8:45

entire house is battery backed up with a

8:47

massive solar panel system up there uh

8:51

I mean this is amazing uh this is really

8:53

good so I like the problem for the

8:56

seller and this is the new part the

8:59

seller may have spent 50 Grand the comps

9:01

in the neighborhood for this house are

9:02

four hundred eighty thousand dollars

9:04

this house is listed for 5.25 so what

9:07

they're probably doing is they're going

9:08

okay 480 plus my solar panel system

9:10

they're not going to get it maybe

9:12

they'll get an extra five grand so

9:13

whoever buys this house is probably

9:15

getting a 90 discount on that solar

9:17

panel system assuming it's fully paid

9:18

for that is a fantastic deal for a home

9:21

buyer so if I were ever a home buyer the

9:24

type of home that I would want to buy is

9:26

one that has all these crazy upgrades

9:28

that they're not going to get comp value

9:30

for and then has the uh you know old

9:34

kitchen cabinets the stained carpet you

9:37

know the the golds or brass or whatever

9:39

Hardware you know these are simple

9:41

things to change the pro comes in here

9:44

and says I'm not paying for the panels

9:46

even though that's the most important

9:47

stuff and I want a discount because the

9:50

condition's bad you know the carpet's

9:51

not stretched anymore the pain sold you

9:54

got stains over here you know these are

9:55

all the things that send the home buyers

9:57

away meanwhile the investor is like this

9:59

is the easy stuff so uh those are those

10:01

are some new Boost Pro hacks here let's

10:03

look outside now you do have a pool here

10:08

so this is Market dependent and the pro

10:11

knows this is Market dependent if you're

10:13

in a market where you're not getting

10:14

extra rent for a pool you don't want a

10:16

pool uh but if you're in a market where

10:19

you can hopefully cover not just the

10:21

cost of servicing the pool which this

10:23

one needs a little love but also uh

10:26

maybe make some extra profit on it in a

10:28

market especially like Arizona where

10:30

jacket it's got to be over 100 now what

10:32

what's our temperature update Mr Jack

10:35

no temperature darn it it's still 98

10:37

okay feels warmer but anyway because we

10:40

just came from 55 degrees in Cali but uh

10:43

we flew in for the day so um look this

10:47

is uh this is great because it's going

10:49

to keep a tenant here longer assuming

10:51

it's maintained properly and again this

10:54

is where a seller is probably not going

10:56

to get the full value for what it would

10:58

have cost up with this pool in if this

11:00

was let's say a 30 grand pool to put in

11:02

with the fountains in that they have

11:03

maybe we'd give them 10 to 15 on a comp

11:06

basis so easy improvements that a pro is

11:09

going to make here and uh really a lot

11:12

of mistakes that a noob could make uh

11:15

I'm not the biggest fan of what they did

11:17

here with the spray foam insulation

11:20

Under The French Door I'd like to clean

11:23

that up with some kind of molding or you

11:25

know think think of something for that

11:27

but it's stuff like that that really

11:29

bothers home buyers they're like oh it's

11:31

just crusty around the edges or whatever

11:32

but so inexpensive for for a pro to

11:35

handle we've got the newer can lights

11:37

out here this is actually nice to

11:38

smoother stucco here you do have some

11:40

water stains here so you want to check

11:42

the roof there although you know what

11:44

and that's the other thing is like when

11:46

it rains in Arizona it rains uh and then

11:49

their AC is a little bit on the older

11:51

side here I'll close this door for a

11:52

second out of respect for them see all

11:54

even just the Crusty paint and all that

11:56

we'll sneak over to the air conditioner

11:58

here and take a quick glance at what we

12:01

got here we also still have the original

12:03

Windows of the property some people have

12:05

already upgraded from these but they're

12:07

dual pain they'll be okay so you could

12:10

tell this sucker is probably OG so uh

12:13

we're getting to the uh probably point

12:16

where uh one of these guys might die on

12:20

you in a summer coming up sometimes you

12:22

could find a manufacturer date on them

12:24

uh sometimes it's a little harder to

12:26

find I can't seem to find one now but

12:29

it's not the biggest deal it's uh it's

12:32

at that point where I would probably be

12:34

having it serviced regularly honestly

12:36

you probably have to do that anyway

12:37

wherever you in Arizona also as a pro

12:41

before I would rent this property out I

12:44

would make sure that stuff like this

12:46

stops happening so you've got rust

12:48

appearing at the bottom edge of the

12:51

property here I want to know what's

12:52

causing that because it's very strange

12:54

that that almost feels like it's your

12:57

master bathroom and uh that's not good

13:00

because I I can't imagine it's these

13:02

pumps that are flooding out causing this

13:05

but then again they have that pump on

13:07

some kind of weird Marble Slab

13:10

which implies that maybe they've had to

13:12

mess with it at some point in the past

13:14

so there's something going on there that

13:16

I don't like I'd like to investigate

13:17

that this I would get rid of I do not

13:20

want to incentivize my tenants to do

13:23

this stuff I get it it's cool as a

13:25

homeowner I'm a big fan of growing

13:27

tomatoes and stuff like that too but I

13:28

don't want my tenants doing it they

13:29

don't take care of it rats come it's a

13:31

disaster so let's quickly look at the

13:33

other side see there's a clean out right

13:35

there there's your clean out probably

13:36

for that bathroom and the stains are

13:39

just past that clean out so let's go

13:42

investigate as a as a pro should do

13:45

what's going on in that bathroom

13:49

so as expected here's our bathroom

13:52

and it appeared that the clean out would

13:55

have been somewhere here so maybe it's

13:57

even the other bathroom one over but

13:59

let's see if we have any secrets here

14:02

um I mean I see some staining but

14:04

nothing that would imply so much uh uh

14:08

damage over there at least not in this

14:10

cabinet if I hop over to this no just

14:13

sort of your normal kind of Dripping

14:15

under the uh the sink Basin so nothing

14:18

abnormal here but why you're getting all

14:21

that rusting on the foundation it's

14:22

almost as if either water's sitting out

14:24

here uh or something's happening but uh

14:28

no bathroom here yeah your next bathroom

14:31

isn't until here so that's something I

14:34

would talk to uh

14:36

I'm not going to put much faith in the

14:37

homeowner on because they probably have

14:39

no idea it probably has to do with pool

14:41

equipment so what I would do is I would

14:43

talk to the person who's been

14:44

maintaining this pool and then get a

14:46

full history on that pool equipment it's

14:48

probably the pool equipment and

14:49

occurring from the outside which makes

14:51

sense because quite frankly water

14:53

leaking from the inside and rusting all

14:55

the way through would be a severe water

14:57

problem and that is not indicative of

15:00

that so that's coming from the outside

15:01

uh so they just had problems with the

15:03

pool equipment doesn't surprise me with

15:05

how old the AC is but uh you know I mean

15:08

the thing this place has is those solar

15:09

panels and that could be kind of a nice

15:11

free upgrade so Jack what'd you think

15:13

about the house

15:14

uh I don't really like to poop you don't

15:17

like the pool is it too small for you

15:18

yeah of course it is if it were bigger

15:21

it'd be okay and um

15:24

a little nicer like some new paint and

15:26

flooring

15:27

yeah anything else

15:30

no thanks man thanks for joining a house

15:32

hack video so by the way if you want to

15:35

join us to Shadow us as we explore real

15:38

estate click the link down below you can

15:40

now Shadow us again right next to the

15:42

link for the courses where I give you

15:44

all my perspective on building your

15:46

wealth thanks so much and we'll see you

15:47

in the next video

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