Latest / Arroe Collins Like It's Live / Hunting Down Then Flipping A Zombie Home James Dainard From A&E
Transcript
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- 0:40Speaker 1: Enjoy your exploration modern day technology. Man, come on, let's
- 0:44Speaker 1: just get rid of it and go back to tape.
- 0:48Speaker 2: I'm with you on that, man.
- 0:50Speaker 1: I'm well, I mean, come on, James, I mean you
- 0:54Speaker 1: when you're traveling into these homes, I'll bet you you're
- 0:56Speaker 1: just like my dad was, and you're finding stuff behind
- 0:59Speaker 1: those walls and you sit there in complete awe.
- 1:03Speaker 3: Oh my yeah. I love what I find inside the wall. Well,
- 1:05Speaker 3: sometimes I do, sometimes I do not. We have found
- 1:08Speaker 3: some bad things inside the walls, but that's always what
- 1:11Speaker 3: they like. The curiosity like, it's just like what is inside?
- 1:15Speaker 3: We found good things and we found bad things. The
- 1:19Speaker 3: best thing ever found was a brick of gold, though
- 1:21Speaker 3: we literally found a brick of gold inside.
- 1:23Speaker 1: The walls got Oh my god. My dad used to
- 1:25Speaker 1: find porn all the time. I mean, this dirty old
- 1:28Speaker 1: man from the fifties and sixties dude, And it was
- 1:30Speaker 1: like what which was scary because porn back then was
- 1:33Speaker 1: you know, I was like, what the hell?
- 1:36Speaker 2: Oh, I just wait where.
- 1:37Speaker 3: We found some nineteen fifties retro stuff and the man,
- 1:43Speaker 3: that was some aggressive stuff back then. I didn't realize.
- 1:47Speaker 3: I thought it was a little bit more neutral, but
- 1:48Speaker 3: it was a yeah, cases and cases.
- 1:52Speaker 2: Of porn that I definitely found.
- 1:54Speaker 1: Well, I'm so jealous of what you're doing because my
- 1:56Speaker 1: dad didn't take it to the level where you are,
- 1:58Speaker 1: where you're flipping these homes in there, and we just
- 2:01Speaker 1: rock these buildings, man, because we knew that we could
- 2:03Speaker 1: go in there and get stuff that we could sell
- 2:05Speaker 1: at the nearby auction. I mean, and so I'm really
- 2:08Speaker 1: jealous of million dollars zombie flip because and I'm so
- 2:10Speaker 1: addicted to it because of that, because you give me options,
- 2:13Speaker 1: and why am I not doing this like my dad.
- 2:17Speaker 2: You know what, that's every house is a piece.
- 2:19Speaker 3: It's a puzzle that you're just trying to solve, Like
- 2:22Speaker 3: how do you how do you maximize it? How do
- 2:24Speaker 3: you maximize the potential, whether it's selling the items off
- 2:27Speaker 3: like you guys were doing and then doing the renovation.
- 2:30Speaker 2: But it is, it's a it's a puzzle you.
- 2:33Speaker 3: Have to solve because if you put in the wrong pieces,
- 2:36Speaker 3: the game's over. Like it's it's a high risk, high
- 2:39Speaker 3: reward business. But you know, I think sometimes you just
- 2:43Speaker 3: got to take your first step. You just don't need
- 2:45Speaker 3: to buy a zombie on the first one. That's the
- 2:47Speaker 3: key by you know, taking small steps, because when you
- 2:51Speaker 3: take the big step, it can you can be stuck
- 2:54Speaker 3: in it for a long time.
- 2:55Speaker 1: How do you deal with money pit itis then, because
- 2:58Speaker 1: I mean, my god, when you're buying one of these
- 3:00Speaker 1: zombie homes, you know that's gonna cost you some bucks.
- 3:04Speaker 3: Oh man, yeah, that is Uh, there's ever, never ending.
- 3:10Speaker 2: Expenses you can spend on these houses.
- 3:13Speaker 3: And so we we look at every house like it's
- 3:15Speaker 3: a little bit of science, Like we come in with
- 3:18Speaker 3: a formal plan, not just hey, we're gonna make it
- 3:21Speaker 3: look nice. We have allowances set and there's ways that
- 3:24Speaker 3: you got to keep your team in checks the way
- 3:26Speaker 3: you don't overspend. But you have to learn how to
- 3:29Speaker 3: pivot too, because just like your dad, when you open
- 3:32Speaker 3: up those walls and you find bad things, those are
- 3:34Speaker 3: expenses that were not on your line item. Yeah, and
- 3:36Speaker 3: you have to figure out how to make it up
- 3:38Speaker 3: in different ways. And that comes down to shopping, discipline
- 3:41Speaker 3: and pricing things out. I mean even today, you know
- 3:43Speaker 3: we buy a lot of homes.
- 3:44Speaker 2: We do a long time.
- 3:45Speaker 3: We get multiple bids on everything and you have to
- 3:48Speaker 3: to keep the cost down.
- 3:50Speaker 1: Are you a collective things? And the reason why I
- 3:52Speaker 1: bring that up is my front yard is a chunk
- 3:54Speaker 1: of the old Mecklenburg County Courthouse from one hundred and
- 3:57Speaker 1: twenty five years ago. I had to have that. I
- 3:59Speaker 1: still when they were ripping that building down, I said,
- 4:02Speaker 1: the hell that's going into the ground or someplace. I
- 4:04Speaker 1: have to have it. Do you feel the same way?
- 4:06Speaker 1: And did I take a spook with me?
- 4:09Speaker 2: You know what?
- 4:10Speaker 3: No, there's a time and place to keep things. I
- 4:13Speaker 3: will say I stopped. I used to take a lot
- 4:16Speaker 3: more things with me, and then I started becoming the hoarder. Yeah, yes,
- 4:22Speaker 3: where all of a sudden I had like my garage
- 4:25Speaker 3: was full of They're like, oh, I got a wood
- 4:28Speaker 3: cutting machine.
- 4:29Speaker 2: I gots old cool.
- 4:31Speaker 3: I did find these really cool like a collector item,
- 4:34Speaker 3: Playboy series of.
- 4:38Speaker 2: Frame pictures.
- 4:39Speaker 3: I still have them, actually, So I did get an
- 4:41Speaker 3: age chair recently too, which I was stoked by. It
- 4:44Speaker 3: was like in one of the grosses of the gross
- 4:47Speaker 3: and I'm moving some things around and I found in
- 4:48Speaker 3: the original like nineteen forty seven aimed chair. So I
- 4:52Speaker 3: will keep the certain things, But most of the time
- 4:55Speaker 3: I had to get the clutter out of my life,
- 4:57Speaker 3: so I let everyone else take it. But every once
- 5:00Speaker 3: in a while I will bring something home. I found
- 5:05Speaker 3: a Santa recently, did you know what, I don't know
- 5:07Speaker 3: if I even talk about this on here with I
- 5:10Speaker 3: didn't take that home because it's so funny.
- 5:13Speaker 1: Well, I love what you're doing, and I just wish
- 5:15Speaker 1: more viewers and even listeners would go and be at
- 5:18Speaker 1: one of these homes because I'll tell you, one of
- 5:20Speaker 1: the things that keeps that house or even home inside
- 5:24Speaker 1: your soul, the smell of it from the second you
- 5:27Speaker 1: walk in and you start ripping that monkey apart and
- 5:29Speaker 1: refurbishing it. Oh my god, what a smell or smell elves.
- 5:35Speaker 3: Oh, if you can't taste it, it's not a good
- 5:37Speaker 3: one like that. You know, I cheer a lot of
- 5:39Speaker 3: gum because I'm kind of a little add and I've
- 5:42Speaker 3: learned you cannot chew gum in these houses because you'll
- 5:45Speaker 3: chase it like it gets in your gum, and then
- 5:47Speaker 3: all of a sudden, you're chewing your gum.
- 5:49Speaker 2: Now it's in your mouth like it's.
- 5:51Speaker 3: You know, we always have a car full of hand sanitizer,
- 5:55Speaker 3: baby wipes, and cleaners and mouthwash because after we leave,
- 5:59Speaker 3: we just have to like go through all three because
- 6:01Speaker 3: you can taste them. But the smell is real, especially
- 6:03Speaker 3: when there's a cat. Oh caties, it's a gnarly one. Yeah.
- 6:08Speaker 1: And it was always the basement. The basement was and
- 6:10Speaker 1: it was so scary to go into the basement. And
- 6:12Speaker 1: I always blamed it on Hollywood, But my god, I mean,
- 6:15Speaker 1: when you're doing a zombie home, I mean it's got
- 6:17Speaker 1: to be really freaky for you to go into dark
- 6:20Speaker 1: areas that don't even have uplighting in them.
- 6:23Speaker 3: Oh, yeah, you're that. I think I got used to it.
- 6:28Speaker 3: So when I was in I got in this business
- 6:29Speaker 3: by knocking on doors and I would be out late
- 6:33Speaker 3: at night. You know, we're buying some weird houses. It
- 6:36Speaker 3: was for an investment company, and it would always be
- 6:38Speaker 3: like midnight and then they're like, okay, go check out
- 6:40Speaker 3: the basement. And the worst part checking out of zombie
- 6:44Speaker 3: house is when someone's walking behind you as you're going
- 6:46Speaker 3: into the.
- 6:46Speaker 2: Basement late at night.
- 6:48Speaker 3: There's a couple of them where I thought I was
- 6:50Speaker 3: gonna have to put the lotion in the basket.
- 6:51Speaker 2: By the end of it, I was pretty scared.
- 6:56Speaker 1: So now, when you go in to make the investment
- 6:58Speaker 1: in a zombie home, do you ever feel like a
- 7:02Speaker 1: neo young saying I'm going to keep the backside of
- 7:05Speaker 1: this and I'm going to make it more modern on
- 7:06Speaker 1: the upper side, Because I mean, I thought I felt
- 7:09Speaker 1: that was pretty inspiring by him when he when he
- 7:11Speaker 1: redid that barn out there in Colorado.
- 7:15Speaker 3: You know, we I really, I mean, we have to
- 7:18Speaker 3: redo most surfaces on these houses and we try to
- 7:21Speaker 3: bring them back to their collectic era, you know, like
- 7:24Speaker 3: in season one, we did one in Capitol Hill, which
- 7:27Speaker 3: is a very old neighborhood in Seattle.
- 7:29Speaker 2: We upgraded the site. You know, we we will.
- 7:32Speaker 3: You know, we're flippers, so we try to control our costs.
- 7:34Speaker 3: But there's a time and place to upgrade those costs.
- 7:37Speaker 3: And that was one of them where we put those
- 7:38Speaker 3: fish scale sighting.
- 7:39Speaker 2: Pieces on them, and.
- 7:41Speaker 3: That's that's really expensive. It's about five times more than
- 7:44Speaker 3: traditional sighting. But that's how we brought this one hundred
- 7:48Speaker 3: year old home back to life in the way it
- 7:50Speaker 3: was supposed to look in there. And so we modernize everything,
- 7:53Speaker 3: but I really try to keep the architectural integrity of
- 7:56Speaker 3: the house and we want to lean into it like
- 8:01Speaker 3: with a mid century a crossman and keep that soul
- 8:04Speaker 3: alive because that's what the buyers looking for. That's why
- 8:06Speaker 3: they're shopping in that specific neighborhood. And so we don't
- 8:10Speaker 3: like to reinvent the wheel, but when we do, I mean,
- 8:13Speaker 3: you know, changing windows around you. You can modernize things,
- 8:16Speaker 3: but kind of still stay with that at COLLECTI hera well.
- 8:19Speaker 1: I think part of the mystery and the mystique of
- 8:21Speaker 1: what you do on million dollars zombie flips on A
- 8:24Speaker 1: and E is the fact that you are in Seattle.
- 8:26Speaker 1: It is a city that has no explanation. All of
- 8:29Speaker 1: those ghosts and spooks coming in from the Puget Sound
- 8:32Speaker 1: or over there at those Cascade Mountains, the whole rainforest.
- 8:34Speaker 1: My god, dude, all of that is inside those walls,
- 8:38Speaker 1: and you have the balls to go in there and
- 8:40Speaker 1: make sure that you can clean it up and make
- 8:41Speaker 1: it better.
- 8:43Speaker 2: Oh man, water is a real Water does more damage
- 8:46Speaker 2: than fire, that does.
- 8:47Speaker 3: I mean, I will say there was some floors that
- 8:50Speaker 3: gave out when we were season two. This is next level.
- 8:56Speaker 3: I mean we one point. I remember just leaning on
- 8:59Speaker 3: a wall and whole ceiling classed on me. It's uh
- 9:02Speaker 3: and it once water gets in, it just finds its
- 9:05Speaker 3: way and it just eats the house alive.
- 9:08Speaker 1: Please do not move. There's more with James from Million
- 9:11Speaker 1: Dollars Zombie Flip on A and E coming up next.
- 9:15Speaker 1: Have you seen the show yet? It's quite the experience.
- 9:17Speaker 1: Million Dollars Zombie Flips from A and E. We are
- 9:20Speaker 1: back with James. Are you like me though that you
- 9:23Speaker 1: learn that casual walk in the way that it's almost
- 9:26Speaker 1: like you put your foot forward and you feel with
- 9:28Speaker 1: your toes without putting your heel down, because once you
- 9:31Speaker 1: fall through a floor one time, I mean you're you're
- 9:33Speaker 1: you are scarred for the rest of your life, or
- 9:35Speaker 1: you step on a nail for some fricking reason because
- 9:38Speaker 1: you couldn't see it.
- 9:39Speaker 2: I've had lots of nails, lots of cuts.
- 9:42Speaker 3: Uh.
- 9:43Speaker 2: I jump on everything. No, I'm like a little kid.
- 9:46Speaker 3: That's why I think they like enjoy filming with me,
- 9:49Speaker 3: because like when you get there, You're like, ooh, what
- 9:53Speaker 3: how far can I go out on this thing? Like
- 9:55Speaker 3: I were, I jump up on the roofs, I go
- 9:58Speaker 3: on the decks and yeah, you had that like very
- 10:02Speaker 3: very soft walk and there's you know, I look, I
- 10:06Speaker 3: got good balance.
- 10:07Speaker 2: But I am getting older. I probably should check myself.
- 10:08Speaker 3: A little bit more.
- 10:10Speaker 2: But I remember one.
- 10:11Speaker 3: Part of the season, and this we didn't film it
- 10:13Speaker 3: is we were walking around getting ready and I'm walking
- 10:16Speaker 3: through this house and all of a sudden, the sub
- 10:19Speaker 3: floors were given out, and I'm like, oh no, this
- 10:21Speaker 3: is bad because a tree had hit it. It's rotted.
- 10:24Speaker 3: It's really bad. And I'm like, oh no, no, no, no,
- 10:26Speaker 3: no no, and I'm like yelling for my producer. And
- 10:29Speaker 3: by the time he looked over my I was that
- 10:33Speaker 3: I was knee deep, not knee deep excuse me, shoulder
- 10:36Speaker 3: deep in this house and it was just my head
- 10:38Speaker 3: and I was like, thank god, there was no basement
- 10:41Speaker 3: underneath this section this house, or I would have been
- 10:42Speaker 3: all the way down.
- 10:43Speaker 2: It had totally rotted it out.
- 10:45Speaker 1: It was like Quicksand well, you've also got to be
- 10:48Speaker 1: somebody who likes bugs too, because when you get into
- 10:51Speaker 1: one of those places and you see some I don't
- 10:54Speaker 1: sometimes you don't even know what the hell it is,
- 10:56Speaker 1: and but you're sitting there going, damn take a picture
- 10:58Speaker 1: of it, man, because I'm never to see this thing
- 11:00Speaker 1: ever again.
- 11:02Speaker 2: Yeah, that's the thing. I hate bugs.
- 11:05Speaker 3: I can handle rats, I can handle snakes. I can
- 11:09Speaker 3: handle the random dude in the closet that you didn't
- 11:11Speaker 3: know it was there. But spiders, man, it's got eight
- 11:16Speaker 3: like eight eyes. I do not like it in that.
- 11:19Speaker 3: But yes, we have seen some pretty crazy things.
- 11:21Speaker 1: So do you walk in there with spiritual tools? Because
- 11:24Speaker 1: if you were to walk into my studio right now,
- 11:26Speaker 1: I am so protected by Native American spiritual tools that
- 11:29Speaker 1: there's I mean, you only hope that they really do work.
- 11:31Speaker 1: When you walk into a home a zombie flip, you
- 11:34Speaker 1: are you protected by anything like that because you are
- 11:37Speaker 1: from Native American country up there that Seattle area.
- 11:41Speaker 3: Man, I don't know for I would say, I don't
- 11:44Speaker 3: know if we're protected from anything, but it's, uh.
- 11:49Speaker 2: You know, I'm not much of a a mask guy.
- 11:52Speaker 3: I must be protected by something because the houses I've
- 11:54Speaker 3: gone in, I go pretty raw in, Like I'll row
- 11:58Speaker 3: like I got no gloves on, I got no I
- 12:01Speaker 3: kind of like like I kind of like like like
- 12:04Speaker 3: feeling the house like you know, it's like it's like
- 12:06Speaker 3: our bonding moment before we buy it. And I must
- 12:10Speaker 3: be protected by something because honestly, I don't know how
- 12:13Speaker 3: I made it out of some of these homes.
- 12:15Speaker 2: They're so gnarly.
- 12:16Speaker 1: How do you deal with those moments when you walk
- 12:18Speaker 1: in the house and and things that you want to
- 12:21Speaker 1: do to it as you're flipping it? You sit there
- 12:23Speaker 1: and you've got to think about that damn budget. That
- 12:26Speaker 1: thing is always in my way. But yeah, but you
- 12:28Speaker 1: know that if you did, if you made this move,
- 12:31Speaker 1: it would sell in a heartbeat, it would flip.
- 12:35Speaker 3: Well if if I if I can make a move
- 12:37Speaker 3: and I know it will sell in the heartbeat, then
- 12:39Speaker 3: we're going to figure out how to cut the costs
- 12:40Speaker 3: in other sections. I mean, that's what we're trying to
- 12:43Speaker 3: do is solve that problem that gets it livable. But
- 12:47Speaker 3: what you have to remember when you're flipping is there's
- 12:48Speaker 3: a domino effect to everything that you do. One thing
- 12:54Speaker 3: and it can trip a domino. They will just explode
- 12:57Speaker 3: the costs. And so you know, what we try to
- 13:00Speaker 3: do is we try to stay inside the structural part
- 13:03Speaker 3: of the walls, Like we'll fix the structure, but there's
- 13:06Speaker 3: some little tricks you can do to where you know,
- 13:08Speaker 3: we can maybe make the floor plan a little bit
- 13:10Speaker 3: bit better, but.
- 13:12Speaker 2: We're making it good enough.
- 13:13Speaker 3: And by making it good enough, we get the project
- 13:16Speaker 3: done in a half the amount of time.
- 13:17Speaker 2: The costs go down by thirty percent.
- 13:19Speaker 3: And also we don't have to sell this house for
- 13:21Speaker 3: the highest of the high to where someone can buy
- 13:24Speaker 3: something that's a little bit more affordable too. And so
- 13:26Speaker 3: there is a magic equation for each house. And that's
- 13:30Speaker 3: what I think. I think that's my gift in life
- 13:32Speaker 3: is looking at these impossible puzzles on these houses and going.
- 13:37Speaker 2: This will work. Yeah. Yeah, And we made enough mistakes
- 13:42Speaker 2: where we've learned those lessons.
- 13:44Speaker 3: Yeah.
- 13:44Speaker 1: But I'm going to say a word here that maybe
- 13:46Speaker 1: many of today's construction workers haven't heard because they don't
- 13:49Speaker 1: have to deal with it. How are you putting up
- 13:52Speaker 1: with laugh? Do you keep the laugh up on that wall?
- 13:55Speaker 1: Or do you rip that crap down and get it
- 13:56Speaker 1: out of there as quickly as possible so you can
- 13:58Speaker 1: put some sheet rock in there.
- 14:00Speaker 3: You know, it depends on the city and what we're
- 14:03Speaker 3: trying to accomplish. Because so like if I take all
- 14:08Speaker 3: the laugh of a house, which we do often, it
- 14:11Speaker 3: automatically triggers me to take this twenty six code the
- 14:18Speaker 3: insulation retro fitting framing. Your time to get a permit
- 14:22Speaker 3: could go all of a sudden, seattles six months to
- 14:26Speaker 3: get permits a sitting there, and so it's a strategic
- 14:30Speaker 3: thing to keep the lab There's a couple of houses
- 14:33Speaker 3: right now though, that we were keeping it because they
- 14:35Speaker 3: have those cool coved ceilings and the original character, and
- 14:41Speaker 3: so especially when we have stuff like that going on,
- 14:44Speaker 3: we try to salvage it. But honestly, it doesn't really
- 14:46Speaker 3: save any money. You spend more on your electrical you
- 14:50Speaker 3: spend more on your plumbing, you spend more on your
- 14:54Speaker 3: It costs just as much to replaster the house to
- 14:57Speaker 3: make a match a new drywall. It's more a strategy,
- 15:00Speaker 3: the character saying, but that that stuff is nasty. It
- 15:05Speaker 3: like cutting through that stuff is not fun, So you
- 15:08Speaker 3: got to get your testing dusk before you do it too,
- 15:10Speaker 3: make sure. Well.
- 15:12Speaker 1: I've always thought that the wood back then was different
- 15:15Speaker 1: than it is today, because why the hell doesn't Oh
- 15:17Speaker 1: my god? I mean it's it's like your skill saw
- 15:19Speaker 1: is going to take a fricking beating. And but yet
- 15:21Speaker 1: if I if I go and I buy freshwood today,
- 15:23Speaker 1: it's like me and you're done, You're going, what the
- 15:25Speaker 1: hell here? What happened? Why did it take my dad
- 15:27Speaker 1: hours to get through this wood?
- 15:30Speaker 3: Yeah, it's like the wood is kind of like, uh,
- 15:32Speaker 3: what's in all these like soy burgers that you're like,
- 15:35Speaker 3: what's really in this? Right?
- 15:37Speaker 2: You don't know what's actually it's.
- 15:38Speaker 3: Made at It's like, you know, like the impossible burger.
- 15:41Speaker 3: You're like, I don't know what's in this, but it
- 15:43Speaker 3: tastes like meat. It's that's kind of how I described
- 15:46Speaker 3: the lumber. I think the best lumber that you can
- 15:49Speaker 3: buy the era. I love a nineteen fifties to nineteen
- 15:52Speaker 3: sixties house. I'll give you that. Yeah, that is when
- 15:56Speaker 3: it was like that thick warehouser wood they were in
- 15:59Speaker 3: they're built in. Each era has their own issues, right,
- 16:03Speaker 3: Like the twenties has kind of more rotted, would you know,
- 16:07Speaker 3: it's a little bit thinner, a lot of plaster issues.
- 16:12Speaker 3: The eighties had terrible. That's the eighties is kind of
- 16:15Speaker 3: when the sighting a windows and the grooves started going
- 16:18Speaker 3: a little bit cheaper. But so each era has its
- 16:21Speaker 3: own issues. But by far, nineteen fifties house in our
- 16:23Speaker 3: market are the best best songs in my opinion. That's
- 16:26Speaker 3: when the foundations need more solid to two.
- 16:29Speaker 1: Wow, So who gets the job of using the big
- 16:32Speaker 1: shovel to clean up that junk on the floor, Because
- 16:35Speaker 1: you can't do it if you're if you're if you're
- 16:37Speaker 1: the foreman of this project, you got to give to
- 16:39Speaker 1: somebody that's going to hold the stop sign at a
- 16:41Speaker 1: construction site.
- 16:43Speaker 3: I'm not I'll mess around in it, but I'm not
- 16:46Speaker 3: thinking it now.
- 16:47Speaker 1: Yeah exactly, that's what I'm not throwing my back into
- 16:51Speaker 1: this one.
- 16:52Speaker 3: Oh no, yeah, But if I had to do anything,
- 16:57Speaker 3: it's gonna be demo because I'm doing everything else wrong.
- 16:59Speaker 3: I'm not a skilled carpenter. That's for sure, Like I
- 17:01Speaker 3: can't even color inside the lines. But you know it's
- 17:06Speaker 3: so Ryan from the show, you know that was his
- 17:09Speaker 3: original job was in two thousand and eight and we're
- 17:12Speaker 3: in a recession, got introduced it.
- 17:14Speaker 2: It was a buddy of mine. He goes, hey, my.
- 17:15Speaker 3: Friend Ryan's looking for a job. I mean, that was
- 17:18Speaker 3: his job, was to trash houses. And this poor kid,
- 17:24Speaker 3: like he had the worst job ever. It was like,
- 17:26Speaker 3: especially back then in two thousand and eight and nine,
- 17:30Speaker 3: abandoned house. And that's what me and him have such
- 17:33Speaker 3: a special bond. I've seen him remove some of the
- 17:35Speaker 3: grossest stuff I've ever seen, and he run the cruise.
- 17:38Speaker 2: It's a tough job.
- 17:39Speaker 1: So what do you do in those moments? And this
- 17:41Speaker 1: is this is going to be totally from my wife
- 17:42Speaker 1: because this is how she thinks. When you're flipping a
- 17:45Speaker 1: zombie house, how do you not price yourself out in
- 17:48Speaker 1: that neighborhood because if the neighborhood is also run down,
- 17:51Speaker 1: I mean, is there is there such a thing as
- 17:53Speaker 1: a price out for you in your business?
- 17:55Speaker 3: Yes, you can, you can easily outbuild your neighborhood. And
- 18:00Speaker 3: you know you don't want to do that, and so
- 18:03Speaker 3: like there's some things that we make sure that we
- 18:04Speaker 3: don't do. You know, it's all about the first initial
- 18:06Speaker 3: evaluation of property. What do you think that property is
- 18:09Speaker 3: worth in putting that value at you? And what some
- 18:12Speaker 3: people make the mistake of is they camp into better
- 18:15Speaker 3: neighborhoods and go, well, I'm going to just say it's
- 18:18Speaker 3: worth a little bit less and make it just as
- 18:20Speaker 3: nice nice, whereas we do the polar opposite, I comp
- 18:23Speaker 3: into lesser neighborhoods.
- 18:26Speaker 2: Because you can always camp down and adjust up.
- 18:30Speaker 3: You never wanted to adjust down because it's too hard
- 18:33Speaker 3: of a tangible to put on a house, and so
- 18:36Speaker 3: I don't ever do that.
- 18:38Speaker 2: But it's you can make you know, I.
- 18:41Speaker 3: Call those houses patha you know, their market trendsetters or
- 18:45Speaker 3: path of progress. Right where there's a neighborhood, we're starting
- 18:48Speaker 3: kind of getting the jump start, getting that thing kind
- 18:51Speaker 3: of renovated into market. But you got to control your costs,
- 18:54Speaker 3: and so how you go over budget is really based
- 18:58Speaker 3: on that plan. There's so many different ways, like how
- 19:01Speaker 3: you lay your home down, where you put your bathroot.
- 19:03Speaker 3: Those can make it very very expensive. But keep yourself
- 19:07Speaker 3: on an allowance. Right when we buy a house, we go. Hey,
- 19:10Speaker 3: our floors are three bucks foot or less if our
- 19:13Speaker 3: tile needs to be four dollars or less. And that's
- 19:16Speaker 3: the hard rule of our office is you can't spend
- 19:18Speaker 3: more on it unless we can sell it for more
- 19:21Speaker 3: good and and so you know, you have to control
- 19:25Speaker 3: yourself self control, right if you can't fall in love
- 19:27Speaker 3: with your own house. And those guidelines are what keep
- 19:30Speaker 3: you in budget.
- 19:31Speaker 1: Oh dude, you got to come back to this show
- 19:33Speaker 1: anytime in the future. Twenty minutes with you is just
- 19:35Speaker 1: barely scratching the door.
- 19:37Speaker 3: I love coming. You're in North Carolina, you know I
- 19:39Speaker 3: almost moved out that way.
- 19:40Speaker 2: I love that.
- 19:41Speaker 1: Staye Oh there's a lot of zombie homes here. Man,
- 19:44Speaker 1: you come down here anytime you want to. We'll rip.
- 19:46Speaker 1: What are these monkeys down?
- 19:47Speaker 3: Oh?
- 19:48Speaker 2: Will we can go surfing and garment?
- 19:49Speaker 1: Yeah, there you go.
- 19:51Speaker 2: I'm all in.
- 19:53Speaker 1: Will you be brilliant today?
- 19:54Speaker 2: Okay, guy, are you too