Disastrous Hoarding Fixer Upper

hey everyone me kevin here so i'm taking

a peek at this fixer-upper i have no

idea what to expect inside but i figured

hey why not just take you along with me

and since well gabe's here to hold the

phone it'll be a lot more convenient so

let's do it here we go uh so like i said

i haven't been inside don't know really

anything about this looks uh 70s style

with sort of the vaulting of the uh

entry here and uh the stucco tex this

style is a little 70s actually let's

take a peek oh it's full stuff hello

realtor well broker

uh okay well there's there's obviously a

lot of stuff to start with i don't like

uh shiny tiles so we're definitely gonna

be getting rid of the shiny tiles

one thing though is if you're in south

florida shiny tiles are common so it

depends on where you are i don't i don't

know why but florida is very into the

shiny test i also i don't love

step down

like living rooms but one step is okay

uh as long as there aren't too many

crazy steps uh in the house i you know

floor plan is pretty important so

you can see the flow of this property is

excellent

it's so loaded up this is insane there's

a lot of stuff uh

i'm surprised it's

doesn't actually like usually if it's a

hoarder house it usually smells like

rats have been living there or there's

urine which i kind of prefer because

then it makes people go oh my eyes are

burning and then they leave it's

actually really great but anyway okay so

you've got the living room here now what

i look for is is the house right the

bones i'm really ignoring this stuff but

i noticed they added these uh three or

four inch they look like four inch can

lights up here on the ceiling uh all in

the vaulted ceiling which is a little

bit extra work so i like that that's a

nice upgrade and we got three we got

about 12 of them up here which is very

nice nice

oversized uh fireplace here really makes

a statement when you walk in uh i hope i

don't mess any whatever it's a

fireplace all right let's let's keep

going oh we need to mess things up here

so don't like to step down sometimes

what i've done before is if this

actually lips up again

sometimes it makes sense to actually

just level the floor out not always

though if it's going to be a rental it

makes less sense in my opinion this is

nice this is good space a lot of can

lights have been added uh given the age

of when this was built they probably

scraped the ceiling and did these cam

lights they look like leds so i would

say within the last 10 years so that's

not bad uh so some upgrades have been

done here over the last 10 years i like

that going over here to the kitchen

looks like some of the cabinets have

been replaced so uh

right away it looks like without a stove

and with some of the countertops missing

this wouldn't qualify for traditional

financing unless this was repaired and

brought back to its original condition

you've got your phone line here

at some point somebody

replaced the outlets here and i'm

looking at this one here it's rusted in

fact gabe if you come around uh to my

side here you can kind of see that a

little bit here uh on the screws and for

something that's this new within 10

years i'd say i think

that's potentially a sign of some kind

of water damage here a little bit of uh

potential staining here too so i want to

see what's up with that a lot of extra

kind of foam looks like it was shot

around here so i'm not sure if there was

a leak that caused some damage here or

whatever but seeing rust on

a relatively new electrical outlet

usually not something i look for

or usually a sign of a problem this uh

these cabinets are actually very nice i

would obviously paint them there are

products you can use to where you don't

have to sand them although it's not a

bad idea to just do a quick uh sand wipe

down of these just in case there are

imperfections and then of course use a

very very good cabinet primer non-stick

cabinet primer super super important

and then use an enamel cabinet paint

don't put your wall paint on these

cabinets otherwise the paint gets really

tacky and gross and then when you paint

these the inside white again this you

could go with gray or slightly off white

or whatever you want you can also paint

it here sometimes people put wallpaper

in here and it's annoying because you

have to scrape that off first otherwise

the paint doesn't always have anything

to stick to but no problem uh carpet's

obviously heavily worn uh something

that's very inexpensive and cheap to

replace we've got our concrete

foundation down here nice thick pad but

all that's trash that'll go

at the same time i would just get rid of

these tiles because already we have

three types of flooring here you've got

the shiny tile you've got these tiles

you've got the older carbon here boring

uh looks like over here somebody had a

nice six six inch backsplash and at some

point

somebody decided hey let's start

remodeling

i highly advise you don't start

remodeling until you well at least maybe

empty the house out so

yeah see look at that sunken living room

it actually steps up again that could

potentially be a candidate for uh for

raising that probably wouldn't for a

rental for a flip i probably would now

it depends because then sometimes uh it

changes the levels of door jambs or the

fireplace uh which might not be horrible

because the fireplace can kind of just

flow into your flooring this takes a

little bit of attention to detail but

it's entirely doable

so uh looks like we've got some uh

concrete work that has been done here

there's a

that looks like a water line here so

this was where the refrigerator was so i

do wonder what happened here

if they if they had a

slab leak for a pipe which is possible

uh slab foundation homes do sometimes

have slab leaks but it's i find it odd

that you just have all this

this gravel here rather than something

a little more

finished i mean usually you don't take

your tile off and find everything is

just chew it up like this so so

something got dug here and then i think

somebody kind of just shoveled it all in

which is also not what you're supposed

to do so it's a little odd the work

that's being done questionable the

drywall is not attached which is good

because

then i can take my little peak

in terms of what's going on here see you

also don't put drywall on before putting

the insulation in i mean maybe they're

just placing it here so i don't see any

kind of major signs of water damage here

though i do see rusty outlets again so i

don't know if there's just been higher

moisture inside this house higher

humidity being trapped in here uh but uh

usually in this climate we don't have

big humidity issues so i'm curious as to

why i'm seeing that in more places here

a little vent exhaust here for the micro

hood

which is always a nice you know thing to

have for for kitchens i mean i mean not

this particular one but i like having

microwaves that are also the vent hood

most people don't even turn on their

vent hood but then you've got two

appliances in one so this is all covered

up over here uh these are newer cabinets

here nice actual soft closed cabinets

uh it's definitely a little bit messy

over here i mean there's old food in

here

kind of gross

uh older window over here

so it's kind of yeah it's actually it

doesn't seem like it's in horrible shape

i mean i know

you know sometimes people are kevin why

why do you want to keep the old stuff

falling if it works fine why would i

spend the money to replace it like this

you know i just have to clean the track

this is a perfectly fine window

backyard's a little stunted there's a

french door up there

next to beer cans

all right so smaller yard than

expression

make sure that's locked again oh and

then another color of cabinet here it's

almost like they were they were

practicing

what color they wanted to use uh also

worth noting though you've got can

lights in here as well they were really

into the smaller can lights i mean they

spent a fortune i feel like just putting

in can lights oh this is not bad color

they were trying to go with

see this is uh

i mean it's not what i would use but

these were the original cabinets when

the house was built and you could just

see you could really yeah you could

change the look of cabinets a lot from

sometimes those dark ugly browns in fact

if you look at that cabinet that was the

original color there see that brown

right there

yeah that's that's your 70s style

cabinet color this right here is like

your late 90s early 2000s piney color

okay all right so

uh oh i guess here's the refrigerator

right that makes sense

okay let's see what we got it no lights

over here

be nice if we had lights oh there we go

okay so yeah somebody really wanted to

get started with remodeling

the

sink is gone

uh toilets here

you know this is another thing people do

is they start too many projects at the

same time but again we got candlelights

candlelight's everywhere leave that on

for a second because there's not like

this is probably just a little closet

here yeah a little pantry closet there

oh right okay

trash bags of stuff

wonderful oh yeah more projects started

okay

well this is interesting to me

what is happening here

so

they started the shower project i wonder

if this is just like a do-it-yourselfer

or someone who got this and then uh

got overwhelmed

uh i mean it's normal for people to get

overwhelmed with projects but this

doesn't particularly seem like an

overwhelming project

they dug down to uh to put new drains in

here let me see if i can turn the light

on really what they did is

see here's your old

drain tie right here

and so it looks like they want to recast

a new form here you can sort of put a

rounded cardboard set in here set your

new uh pipe and then concrete pour in

your new drain

but i'm interested to know what

why

uh you know for this is not that old of

a home to where you would have to do

that

so

yeah a lot of unfinished work here for

sure it's almost like they came through

and let's demo that let's demo this i

think that's what i should put that

cardboard back i think that's one of the

uh biggest mistakes by the way for newer

investors is uh they don't actually have

a plan

so before they come up with a plan they

just do more damage than good

and they end up throwing away things

they shouldn't be throwing away or

causing damage to things they shouldn't

be causing damage to

now this actually looks good

this looks like a pretty dang new

furnace here i'd say within the last 10

years

condensate line for the air conditioner

here

make sure it's not hot if it was just

running it could be hot and that's the

exhaust so it can burn you

yeah water

heater where's the exhaust

look at that the water heater exhaust is

actually missing that

is

very dangerous

uh in fact that if this were on would

just be blowing carbon monoxide into

this house

so i hope it's in the off position it's

not well

i'm going to take the liberty of putting

it in the off position if it's not

uh

hold on let's see here

well we'll do it after we film this is

where it goes okay

we'll do it after we film we'll turn it

off or at least turn off the gas line

but that's

i have not seen that on the inside of a

house a total just missing vent

all right so oh the candle lights are

great though take a look at it

put them on dimmers too oh how nice

it's not a big deal it's honestly it's

overkill usually in a room like this i

would have just put a ceiling fan and

called in a day

but rooms are easy rooms are the easiest

part of a remodel i mean you got the two

inch forward blinds already the windows

are in fine shape

really it's paint

and

flooring

so

all right

very dangerous let's go over this way we

got here more cam lies

so i think the master is on the other

side of all the trash

nice uh bedroom over here see this is

what i'm talking about with the starting

miscellaneous projects like the house is

full of stuff and junk

yet

what motivated you to all of a sudden

start pulling up carpet here and then

neatly rolling it up

uh it doesn't make sense

you know

get your stuff out

then have a you know a demo crew come in

and remove this stuff so that way it's

not being rolled up here it's you roll

it up you throw it away you roll up

throw it away you got a dumpster

is it's

not not good construction planning

uh it's all planned out and everything

should be in a specific order in fact

that's one of the things in my property

management and do-it-yourself

renovations course that i drill in is

you gotta have your order you gotta have

your plan you gotta have your vendors

lined up so that way first things first

you empty the property then you demo

only the things that you need to deal

with that's a very very specific point

questioning can i make this better with

a hundred bucks or should i remove it

and by a hundred bucks it's kind of like

well let's say you're looking at these

doors just as an example these doors are

painted flat which is disgusting like

these are going to get dirty so quickly

i almost feel like with how relatively

clean they are somebody's like what

should i do today

i think i'll paint a door today like one

random door and so they paint the store

flat which is nonsense that's why it

gets nicked up already so quickly

but uh you look at a door like this and

it's like okay well well if we maybe we

should just replace all the doors with

two panel doors and they'll be upgraded

it'll be more beautiful it's like okay

well now you're signing yourself up for

a five to six thousand dollar project

you know figure six to seven hundred

dollars installed per door and painted

because it's not just the slab right you

can buy the door slab

for you know 100

door slab you could buy for like 50

bucks you buy a pre-hung door for 150 to

250

but then you got to install it you got

to deal with the jams you got to paint

it it's got to be installed correctly

you got to get the hardware right me

personally i look at this one

well first thing i do is take off the

hardware take off the hinges quick a

little sand around where where the rough

spot is give this a nice semi-gloss

paint

new hinges new uh hardware pop it back

in i think i'm all in for probably 40

bucks a door especially when you're

spraying semi-gloss already like when

you're spraying out the bathrooms you've

already got semi-gloss loaded up into

the uh the sprayer swiss coffee

semi-gloss boom hit the doors while

you're at it boom hit the baseboards

it's it's that scale this what's

happening in this house this is the

example of what not to do so far okay

let's go see

so we looked at that better we looked at

this bedroom we looked at this bathroom

here i do like that this is a double

sink by the way the can lights are great

but they did a lot of work for us with

with the the cam lights and everything

i don't know why they're taking out all

the plumbing but okay so we're gonna

have to figure out how to get a laundry

room over here oh gosh that feels like

glass shards

you could probably launch over that

easier than i can or i could just hold

it for a second depends what i'm gonna

do here oh this is a

very large master here i like this that

is a

interesting bed it's got like a machine

in it

but see here i am getting distracted by

the things like the the dummy that's

right there literally

yeah okay so let's see if we can get a

uh there's a

top there's a there's

well you know maybe we should just use

it as there we go there's a bathtub

right here

that looks like it's

the iron tub from the other

bathroom which

why would you remove it from there

and then put it in the master

like if you're getting rid of it

why are you storing it

i don't i don't know i i really don't

understand what's happening here

oops

double sink over here

shower so no bathroom or no uh

what's it called uh tub

this is interesting

we have more

uh books and dummies

right

yeah access panel

miscellaneous holes

and dummies

i mean this this property doesn't

need a home buyer it needs a

project manager somebody who's willing

to come up with a plan

and execute on that plan with the

correct people because so far i have not

seen anything scary i mean it's a copper

plumped home

it's

it got a very nice furnace and air

conditioning unit

uh the floor plan is actually very

reasonable i mean that was one two three

it's a four bedroom one two three two

and a half bath four bedroom two and a

half bath

see i don't even look at like the

details of a list because it's not on

the market but i don't even look at the

details of the property i just come like

oh you say it's a good deal okay we'll

look at it agent sent it to me anytime

by the way if you know anybody in

ventura county who wants to sell a house

or

whatever you're an agent please send me

your deals

i will use you to be my agent the deals

are more important to me

i just want the deal

this is actually a nice store so this is

you can't make this up

set screws missing so uh this is a nice

uh dual paned window this is the only

dual paned uh sort of uh set we've seen

the property but it also has these side

lights over here which are really nice

there we go

yeah it gets you a nice breeze in here

it's never been painted or treated

though so that's why you're getting the

water discoloration down here which is

really unfortunate i mean even the way

it was installed there's screws missing

over here there's screws with missing

heads

look at this

so

no screw here and then this screw just

got totally stripped

uh it's just a mess sorry i cut you off

oh well

keep going oh yep well they didn't uh

frame it correctly either

so now

now i can even close it

oh man

just don't touch things kevin

that's funny

all right let's see if we can solve our

problem here

no maybe not

oh almost

no here i got it i got it

solved

all right where were we

going outside

okay

all right

so out here

with the handle we got a gas line no i'm

sorry this is a water line it looks like

gas line for a moment okay water must be

off

so that's not so good

so somebody's really giving up on their

project here

lots of different real estate signs

it's kind of odd

it's got a lot of different building

materials

um it is by appointment only and

apparently

at one point or another

there was a sail pending

because of the white cloud party

i don't know

all right i don't love how small the

backyard is

obviously cleaned up it'll be a lot

larger but it's all concrete there's

really no grass area

at least that i can tell

uh i oh well i mean okay here we go see

here the concrete cuts out so you can

really empty all of this and then do a

nice grass patch or something back there

which i think would be very nice for

people a miscellaneous building material

paint why at this stage are you buying

paint uh and then like seriously

look at this

they're buying the most expensive paint

at that too the bear marquee it's

because they got sold at home depot or

bill of goods that you need to get the

expensive paint you know most paint work

is in the prep

yeah and then

because you gotta save baskets because

you never know when those are gonna come

in handy

all right well i i mean sort of trying

to go climb around the other side i'm

not so worried about sewer electrical

panel on a house at this age i didn't

see

i don't think i'm going to be able to

get to the electric field we'll go take

a peek at the garage although we already

saw water heater furnace

uh

yeah oh yeah yeah

uh oh right well i'll go that way and

let you in

so in my opinion

the way to handle this particular

project is first things first you gotta

buy it uh the second thing is after you

and it's gotta make sense

so this is a project where if you were

going to put let's say

40 000 into it it in my opinion it needs

to be worth like a hundred fifty

thousand dollars more than that i would

not spend a lot of money though on this

place this is something that

you could uh get everything out

update the flooring the uh

paint the property

fix the kitchen the bathrooms put this

back together furnace water heater

appear good

foundation

house the age of the house is not that

old the windows are fine the roof is

fine uh you know it's really just

putting back the cosmetic stuff i mean

this to me this is a very easy project

you just have to have that that correct

direction so again that that direction

to me

get all this junk out

once everything's out

then

uh we can look at what we've got but i

already know what we've got we're like

they're saving uh like what is this a

hood here

uh for for so i mean this is just

endless decades of saving

crap my goodness

take a picture of it and forget about it

a square d sub panel here for something

a sprinkler timer so they got sprinklers

not that they're being used right now

but anyway okay so recap

get everything out

number one so if i had to get everything

out

dumpster i don't know three grand

with with the labor to do it

then after we get everything out we've

got to demo the floor

a couple grand on top of that so say

we're at five then we're going to

refloor everything

with baseboards call it

five to six

ten for easy math i'll round a little

bit at the end uh then we've got two

there are no ceilings to scrape which is

great we gotta put the cabinetry back to

do some cabinetry work in the uh and

plumbing work like the bathtub that's

missing maybe do a new tub

surround glazed tiles prep the cabinets

in the kitchen and the other bathroom

maybe throw down

five grand on on lumber prep outside i

haven't seen a lot of rot uh at the

property so i'm not so worried about

termites so again we'll do a little

rounding at the end

in case we do need the tent

so that would put me somewhere around uh

cabinetry another five what am i at like

fifteen now did i do the math right

flooring uh demo that got me to ten

five cabinetry prep then we gotta paint

the outside's fine just paint the inside

so i don't call it round up to 20k now

so we're at 20k

we've got light fixtures and plumbing

fixtures that's probably gonna be 5k

it's a finish so i like to spin but then

again no we don't have to do so many

light fixtures because you've got all

those cam lights ordinarily i do ceiling

fans and new fixtures i'll just call it

five to be safe anyway i'm a 25

counter top in the kitchen and bathrooms

that gets expensive so call it 6k

uh update the furnace and other little

chicken dooley stuff or whatever but i'm

at 31k

landscaping three four

a thousand dollars front and back some

nice mix of grass and mulch you don't

want to do too much grass because it

takes too much water and it's a

maintenance issue but you want it to

look nice too

hardware for doors

you know there are going to be other

little things that come up to me

i'm at i mean i'm at barely 35 000 here

so my initial gut feeling of this is a

40k project i think is

well within reason i would probably

exceed that

i'm sorry like exceed my own

expectations and and come in well under

that which uh again if this is something

you could buy for 200 000 under market

value let's say because it's a disaster

and somebody's lost in a plan well then

it's then it's worth people's time and

it's worth a lot of people's time um

you put 40 in you're you're up 160 000

uh you got some fees and holding costs

and opportunity costs and stuff like

that but still i mean that's that's very

very good

uh you know if i were a home buyer i i

would even try to buy this as a home

buyer and then i would just tell the the

bank that i'll get everything out and

put a tub in and arrange in before the

clothes and fix the the

water heater vent

but beyond that i think this is a great

property i think it's a low risk great

property

it's just all going to come down to the

pricing now so there you have it thank

you so much for walking through this

project with me

hopefully you found it helpful if you

did consider checking out the do

yourself property management and rental

renovations group link down below

there's also a real estate investing

video linked down below excuse me and uh

folks we'll see in the next video

appreciate you