Latest / Around the House with Eric G®: Home Improvement Remodeling & DIY / Unlocking the Secrets: 10 Truths Every Homebuyer Should Know

Transcript

Unlocking the Secrets: 10 Truths Every Homebuyer Should Know · Around the House with Eric G®: Home Improvement Remodeling & DIY

• 0:53
  Foreign.
• 0:57
  Coast
• 0:58
  to
• 0:58
  coast,
• 0:58
  it's
• 0:59
  the
• 0:59
  nation's
• 1:00
  number
• 1:00
  one
• 1:00
  home
• 1:00
  improvement
• 1:01
  radio
• 1:01
  show
• 1:02
  and
• 1:02
  podcast
• 1:03
  with
• 1:03
  certified
• 1:04
  kitchen
• 1:04
  designer
• 1:05
  Eric
• 1:05
  G.
• 1:06
  And
• 1:06
  co
• 1:06
  host
• 1:07
  John
• 1:07
  Dudley,
• 1:08
  a
• 1:08
  former
• 1:09
  contractor
• 1:09
  and
• 1:09
  online
• 1:10
  technology
• 1:11
  expert.
• 1:11
  Delivering
• 1:12
  real
• 1:12
  fixes,
• 1:13
  smart
• 1:13
  tech,
• 1:14
  and
• 1:14
  trusted
• 1:14
  advice.
• 1:15
  Remodels,
• 1:16
  repairs,
• 1:17
  energy
• 1:17
  savings,
• 1:18
  smart
• 1:18
  homes,
• 1:19
  diy.
• 1:20
  We've
• 1:21
  got
• 1:21
  your
• 1:21
  answers.
• 1:22
  It's
• 1:22
  around
• 1:23
  the
• 1:23
  house.
• 1:24
  Dive
• 1:24
  in
• 1:24
  and
• 1:25
  get
• 1:25
  inspired.
• 1:26
  Welcome
• 1:26
  to
• 1:27
  the
• 1:27
  around
• 1:27
  the
• 1:27
  House
• 1:27
  show,
• 1:28
  your
• 1:28
  trusted
• 1:28
  source
• 1:29
  for
• 1:29
  everything
• 1:29
  about
• 1:30
  your
• 1:30
  home.
• 1:30
  Thanks
• 1:31
  for
• 1:31
  joining
• 1:31
  us
• 1:31
  today.
• 1:31
  I'm
• 1:32
  Eric
• 1:32
  G.
• 1:32
  John
• 1:33
  Dudley.
• 1:34
  Good
• 1:34
  to
• 1:34
  see
• 1:34
  you,
• 1:34
  my
• 1:34
  friend.
• 1:35
  What's
• 1:35
  happening,
• 1:35
  brother?
• 1:36
  Another
• 1:36
  day,
• 1:37
  another
• 1:37
  hour
• 1:38
  day,
• 1:38
  another
• 1:39
  show.
• 1:41
  Yes,
• 1:41
  sir.
• 1:42
  I'm
• 1:42
  excited
• 1:43
  for
• 1:43
  this
• 1:43
  one.
• 1:43
  We.
• 1:44
  We
• 1:44
  kind
• 1:44
  of
• 1:44
  went
• 1:44
  off
• 1:44
  the
• 1:44
  rails
• 1:45
  last
• 1:45
  week,
• 1:45
  and
• 1:45
  that
• 1:45
  was
• 1:45
  a
• 1:46
  ton
• 1:46
  of
• 1:46
  fun.
• 1:46
  This
• 1:46
  one
• 1:47
  here
• 1:47
  in
• 1:47
  the
• 1:47
  first
• 1:48
  hour
• 1:48
  is
• 1:48
  going
• 1:49
  to
• 1:49
  be
• 1:49
  a
• 1:49
  lot
• 1:49
  of
• 1:49
  fun.
• 1:49
  We
• 1:49
  could
• 1:50
  talk
• 1:50
  about
• 1:50
  the
• 1:50
  top
• 1:50
  10
• 1:51
  truths
• 1:52
  of
• 1:52
  home
• 1:53
  ownership.
• 1:53
  This
• 1:53
  is
• 1:54
  the
• 1:54
  stuff
• 1:54
  that
• 1:54
  people
• 1:54
  don't
• 1:55
  really
• 1:55
  talk
• 1:55
  about.
• 1:56
  Those
• 1:56
  hidden
• 1:57
  things
• 1:57
  that
• 1:57
  we
• 1:57
  all.
• 1:58
  You
• 1:58
  say
• 1:58
  it's
• 1:58
  gonna
• 1:59
  be
• 1:59
  fun.
• 1:59
  I
• 1:59
  wanna.
• 2:00
  I
• 2:00
  don't
• 2:00
  wanna.
• 2:00
  Yeah,
• 2:01
  okay.
• 2:01
  Yeah.
• 2:01
  All
• 2:02
  right.
• 2:02
  Okay.
• 2:03
  Let's
• 2:03
  try
• 2:03
  to
• 2:03
  make
• 2:03
  that
• 2:04
  fun.
• 2:04
  We're
• 2:04
  gonna
• 2:05
  make
• 2:05
  that
• 2:05
  fun,
• 2:05
  brother.
• 2:05
  Now,
• 2:06
  the
• 2:06
  first
• 2:06
  one
• 2:06
  here
• 2:07
  that
• 2:07
  I
• 2:07
  want
• 2:08
  to
• 2:08
  talk
• 2:08
  about
• 2:08
  is
• 2:09
  the
• 2:09
  mortgage
• 2:09
  is
• 2:10
  just.
• 2:10
  The
• 2:10
  COVID
• 2:10
  charge
• 2:12
  is
• 2:12
  not
• 2:12
  fun.
• 2:14
  Yeah.
• 2:15
  I
• 2:15
  mean,
• 2:15
  the
• 2:15
  sticker
• 2:16
  price
• 2:16
  is
• 2:16
  the
• 2:16
  cheapest
• 2:17
  part
• 2:17
  of
• 2:17
  owning
• 2:18
  a
• 2:18
  home.
• 2:18
  Right?
• 2:19
  Right.
• 2:20
  You
• 2:20
  got
• 2:20
  that
• 2:21
  payment,
• 2:21
  but
• 2:21
  then
• 2:21
  you
• 2:22
  got,
• 2:22
  you
• 2:22
  know,
• 2:23
  principal
• 2:23
  is,
• 2:24
  you
• 2:24
  know,
• 2:24
  and
• 2:24
  interest
• 2:25
  is
• 2:25
  about
• 2:25
  60%
• 2:26
  of
• 2:26
  your
• 2:26
  real
• 2:27
  monthly
• 2:27
  costs.
• 2:27
  You
• 2:28
  got
• 2:28
  to
• 2:28
  put
• 2:28
  in
• 2:28
  there,
• 2:28
  the
• 2:29
  taxes,
• 2:29
  the
• 2:30
  insurance,
• 2:30
  the
• 2:31
  HOAs,
• 2:31
  of
• 2:32
  course.
• 2:32
  My
• 2:32
  favorite,
• 2:33
  utilities,
• 2:34
  maintenance.
• 2:35
  Most
• 2:35
  people,
• 2:35
  when
• 2:36
  they
• 2:36
  go
• 2:36
  buy
• 2:36
  their
• 2:36
  first
• 2:37
  house,
• 2:37
  underestimate
• 2:38
  that
• 2:39
  by
• 2:39
  five
• 2:39
  hundred
• 2:40
  to
• 2:40
  a
• 2:40
  thousand
• 2:40
  bucks
• 2:41
  a
• 2:41
  month.
• 2:41
  Yeah.
• 2:42
  And
• 2:42
  it's
• 2:42
  easy
• 2:43
  to
• 2:43
  do
• 2:43
  because
• 2:43
  you're
• 2:43
  excited.
• 2:44
  Right?
• 2:44
  You're
• 2:44
  like.
• 2:45
  But
• 2:45
  for
• 2:45
  only
• 2:45
  50
• 2:46
  bucks
• 2:46
  more,
• 2:46
  we
• 2:46
  can
• 2:47
  get
• 2:47
  another
• 2:47
  a
• 2:47
  hundred
• 2:47
  thousand
• 2:48
  dollars
• 2:48
  without,
• 2:48
  you
• 2:49
  know,
• 2:49
  that's
• 2:49
  not
• 2:49
  the
• 2:49
  math.
• 2:50
  But,
• 2:50
  you
• 2:50
  know,
• 2:51
  you're
• 2:51
  trying
• 2:51
  to.
• 2:51
  You're
• 2:52
  trying
• 2:52
  to
• 2:52
  drain
• 2:53
  every
• 2:53
  dime
• 2:53
  you
• 2:54
  can
• 2:54
  to
• 2:54
  get
• 2:54
  the
• 2:54
  biggest,
• 2:55
  coolest
• 2:55
  house,
• 2:56
  especially
• 2:56
  your
• 2:56
  first
• 2:57
  house.
• 2:57
  I
• 2:57
  mean,
• 2:57
  that's
• 2:57
  how
• 2:57
  I
• 2:58
  was,
• 2:58
  right?
• 2:58
  I'm
• 2:58
  like,
• 2:58
  Absolutely.
• 2:59
  Ow.
• 3:00
  7
• 3:01
  5,786.
• 3:01
  That's
• 3:02
  what
• 3:02
  mortgage
• 3:02
  payments
• 3:03
  were
• 3:03
  back
• 3:03
  then,
• 3:04
  by
• 3:04
  the
• 3:04
  way.
• 3:04
  Yeah,
• 3:05
  right?
• 3:06
  No,
• 3:07
  not
• 3:07
  anymore.
• 3:08
  Yeah,
• 3:08
  right.
• 3:09
  Yeah.
• 3:09
  When
• 3:09
  you
• 3:09
  bought
• 3:09
  a
• 3:09
  house
• 3:09
  for
• 3:10
  $73,000,
• 3:11
  not
• 3:12
  730,000.
• 3:13
  Absolutely.
• 3:14
  But,
• 3:14
  yeah,
• 3:15
  you're
• 3:15
  trying
• 3:16
  to
• 3:16
  stretch
• 3:16
  it.
• 3:16
  You're
• 3:17
  not
• 3:17
  thinking.
• 3:17
  Or
• 3:18
  even
• 3:18
  if
• 3:18
  you
• 3:18
  are
• 3:18
  thinking
• 3:19
  of
• 3:19
  those
• 3:19
  things,
• 3:19
  you
• 3:19
  downplay
• 3:20
  them.
• 3:20
  You're
• 3:20
  like,
• 3:20
  oh,
• 3:21
  I'll
• 3:21
  mow
• 3:21
  the
• 3:22
  lawn
• 3:22
  myself
• 3:22
  or
• 3:22
  I'll
• 3:23
  do
• 3:23
  that
• 3:23
  myself.
• 3:23
  Right.
• 3:24
  You
• 3:24
  just
• 3:24
  Downplay
• 3:25
  it.
• 3:25
  Also,
• 3:25
  you
• 3:26
  could
• 3:26
  buy
• 3:26
  more.
• 3:26
  Yeah.
• 3:27
  And
• 3:27
  then
• 3:27
  all
• 3:27
  of
• 3:27
  a
• 3:27
  sudden,
• 3:28
  you
• 3:28
  start
• 3:28
  looking
• 3:28
  at
• 3:28
  the
• 3:28
  bills
• 3:29
  coming
• 3:29
  in
• 3:29
  going,
• 3:29
  how
• 3:30
  much
• 3:30
  was
• 3:30
  my
• 3:30
  water?
• 3:31
  How
• 3:31
  much
• 3:32
  was
• 3:32
  my
• 3:32
  power?
• 3:33
  You
• 3:33
  know,
• 3:34
  trash
• 3:34
  is
• 3:34
  going
• 3:35
  to
• 3:35
  cost
• 3:35
  me.
• 3:35
  What.
• 3:35
  And
• 3:36
  what?
• 3:36
  They
• 3:36
  just
• 3:36
  increased
• 3:37
  the
• 3:37
  HOA
• 3:37
  pants.
• 3:38
  Right.
• 3:39
  And
• 3:39
  I
• 3:39
  still
• 3:39
  haven't
• 3:39
  fixed
• 3:40
  the
• 3:40
  leaky
• 3:40
  roof.
• 3:40
  I
• 3:41
  said
• 3:41
  I
• 3:41
  would,
• 3:42
  right?
• 3:43
  Oh,
• 3:43
  that's
• 3:44
  a.
• 3:44
  That's
• 3:44
  a
• 3:44
  day
• 3:44
  two
• 3:44
  project
• 3:45
  or
• 3:45
  no
• 3:46
  one
• 3:46
  of
• 3:46
  those
• 3:46
  kind
• 3:46
  of
• 3:47
  things.
• 3:47
  Absolutely.
• 3:48
  Absolutely.
• 3:49
  Hey,
• 3:49
  real
• 3:50
  quick,
• 3:50
  before
• 3:50
  we
• 3:50
  get
• 3:50
  into
• 3:51
  this
• 3:51
  anymore,
• 3:51
  let's
• 3:51
  run
• 3:52
  out
• 3:52
  to
• 3:52
  Red
• 3:52
  Wing
• 3:52
  real
• 3:52
  quick.
• 3:53
  It's
• 3:53
  time
• 3:54
  for
• 3:54
  a
• 3:54
  daily
• 3:54
  tip.
• 3:55
  Hey,
• 3:55
  it's
• 3:55
  Eric
• 3:55
  G.
• 3:56
  From
• 3:56
  around
• 3:56
  the
• 3:57
  house.
• 3:57
  Falls
• 3:58
  top
• 3:58
  the
• 3:58
  DIY
• 3:59
  injury
• 3:59
  list.
• 4:00
  So
• 4:00
  securing
• 4:00
  ladders
• 4:01
  and
• 4:01
  scaffolds
• 4:02
  is
• 4:02
  non
• 4:02
  negotiable.
• 4:03
  Inspect
• 4:03
  for
• 4:04
  cracks
• 4:04
  or
• 4:04
  wobbles.
• 4:05
  Then
• 4:05
  set
• 4:05
  on
• 4:05
  level
• 4:06
  ground
• 4:06
  far
• 4:07
  from
• 4:07
  doors.
• 4:08
  You
• 4:08
  use
• 4:08
  the
• 4:08
  four
• 4:09
  to
• 4:09
  one
• 4:09
  rule.
• 4:10
  One
• 4:10
  foot
• 4:10
  from
• 4:10
  the
• 4:10
  wall
• 4:11
  per,
• 4:11
  four
• 4:11
  feet
• 4:12
  up
• 4:12
  for
• 4:12
  rock,
• 4:13
  solid
• 4:13
  balance
• 4:13
  and
• 4:14
  skip
• 4:14
  the
• 4:14
  top
• 4:15
  rungs
• 4:15
  for
• 4:16
  gutter
• 4:16
  cleans
• 4:16
  and
• 4:17
  ceiling
• 4:17
  installs.
• 4:18
  Add
• 4:18
  stabilizers
• 4:19
  and
• 4:19
  a
• 4:19
  spotter
• 4:19
  for
• 4:20
  extra
• 4:20
  hold.
• 4:21
  Plus,
• 4:21
  wear
• 4:22
  the
• 4:22
  right
• 4:22
  workwear,
• 4:23
  like
• 4:23
  Red
• 4:23
  Wing's
• 4:24
  new
• 4:24
  line
• 4:24
  of
• 4:24
  properly
• 4:24
  fitted
• 4:25
  clothes
• 4:25
  that
• 4:25
  allows
• 4:26
  free
• 4:26
  movement
• 4:26
  without
• 4:27
  snags,
• 4:28
  no
• 4:28
  shortcuts.
• 4:29
  A
• 4:29
  shaky
• 4:29
  setup
• 4:30
  spills
• 4:30
  disaster.
• 4:31
  Whether
• 4:32
  tweaking
• 4:32
  lights
• 4:33
  indoors
• 4:33
  or
• 4:33
  roofing
• 4:34
  outdoors,
• 4:34
  stability
• 4:35
  saves
• 4:35
  lives.
• 4:36
  Practice
• 4:37
  safe
• 4:37
  climbs
• 4:37
  and
• 4:38
  you'll
• 4:38
  finish
• 4:38
  projects
• 4:39
  upright.
• 4:39
  Remember,
• 4:40
  a
• 4:41
  secure
• 4:41
  ladder
• 4:41
  means
• 4:42
  a
• 4:42
  safe
• 4:42
  view.
• 4:43
  This
• 4:43
  project
• 4:43
  safety
• 4:44
  segment
• 4:44
  is
• 4:45
  proudly
• 4:45
  brought
• 4:45
  to
• 4:45
  you
• 4:46
  by
• 4:46
  Red
• 4:46
  Wing.
• 4:47
  This
• 4:47
  month,
• 4:47
  Red
• 4:47
  Wing
• 4:48
  is
• 4:48
  launching
• 4:48
  their
• 4:48
  brand
• 4:49
  new
• 4:49
  clothing
• 4:49
  line,
• 4:49
  built
• 4:50
  for
• 4:50
  the
• 4:50
  way
• 4:50
  you
• 4:51
  actually
• 4:51
  work.
• 4:52
  Same
• 4:52
  legendary
• 4:53
  durability
• 4:53
  you
• 4:53
  trust
• 4:54
  in
• 4:54
  their
• 4:54
  boots
• 4:54
  now,
• 4:55
  in
• 4:55
  shirts
• 4:55
  and
• 4:56
  hoodies
• 4:56
  that
• 4:56
  move
• 4:57
  with
• 4:57
  you.
• 4:57
  Breathe
• 4:58
  when
• 4:58
  you
• 4:58
  sweat
• 4:58
  and
• 4:59
  stand
• 4:59
  up
• 4:59
  to
• 4:59
  the
• 5:00
  real
• 5:00
  jobs
• 5:00
  around
• 5:01
  the
• 5:01
  house
• 5:01
  or
• 5:02
  on
• 5:02
  the
• 5:02
  site.
• 5:02
  Comfortable
• 5:03
  enough
• 5:03
  for
• 5:03
  all
• 5:04
  day
• 5:04
  wear,
• 5:04
  tough
• 5:05
  enough
• 5:05
  to
• 5:05
  keep
• 5:05
  you
• 5:05
  protected.
• 5:06
  Check
• 5:07
  out
• 5:07
  the
• 5:07
  new
• 5:07
  collection@redwingshoes.com
• 5:09
  or
• 5:09
  your
• 5:10
  local
• 5:10
  Red
• 5:10
  Wing
• 5:10
  store
• 5:11
  today.
• 5:11
  Red
• 5:12
  Wing
• 5:12
  gear
• 5:12
  that
• 5:13
  works
• 5:13
  as
• 5:13
  hard
• 5:13
  as
• 5:14
  you
• 5:14
  do.
• 5:14
  All
• 5:15
  right.
• 5:15
  I
• 5:15
  love
• 5:15
  those
• 5:16
  guys
• 5:16
  over
• 5:16
  at
• 5:17
  Red
• 5:17
  Wing.
• 5:18
  They
• 5:18
  are
• 5:18
  rock
• 5:19
  stars
• 5:19
  and
• 5:19
  going
• 5:20
  to
• 5:20
  try
• 5:20
  to
• 5:20
  get
• 5:20
  them
• 5:20
  on
• 5:20
  the
• 5:20
  show
• 5:21
  here
• 5:21
  soon
• 5:21
  so
• 5:21
  we
• 5:21
  can
• 5:21
  talk
• 5:21
  about
• 5:22
  some
• 5:22
  of
• 5:22
  their
• 5:22
  new
• 5:22
  stuff
• 5:22
  because
• 5:23
  I
• 5:23
  love
• 5:23
  what
• 5:23
  they
• 5:24
  got
• 5:24
  going
• 5:24
  on
• 5:24
  over
• 5:24
  there.
• 5:25
  So
• 5:25
  we'll
• 5:25
  talk
• 5:25
  about
• 5:25
  that
• 5:26
  more
• 5:26
  a
• 5:26
  little
• 5:26
  bit,
• 5:27
  a
• 5:27
  little
• 5:27
  bit
• 5:27
  later
• 5:28
  in
• 5:28
  the
• 5:28
  show
• 5:28
  even,
• 5:28
  maybe.
• 5:29
  So,
• 5:29
  Johnny,
• 5:29
  here's
• 5:30
  the
• 5:30
  other
• 5:30
  one
• 5:30
  I
• 5:30
  wanted
• 5:30
  to
• 5:31
  jump
• 5:31
  into.
• 5:32
  And
• 5:32
  this
• 5:32
  is
• 5:33
  the
• 5:33
  Achilles
• 5:34
  heel
• 5:34
  of
• 5:35
  homeownership.
• 5:35
  Deferred
• 5:36
  maintenance
• 5:37
  is
• 5:37
  the
• 5:37
  silent
• 5:38
  equity
• 5:39
  killer.
• 5:40
  Yeah,
• 5:40
  we
• 5:41
  all
• 5:41
  do
• 5:41
  it.
• 5:42
  We
• 5:42
  all
• 5:43
  do
• 5:43
  it,
• 5:43
  right?
• 5:43
  It's
• 5:44
  that,
• 5:44
  you
• 5:45
  know,
• 5:45
  it
• 5:45
  seems
• 5:45
  like
• 5:45
  every
• 5:46
  dollar
• 5:46
  you're
• 5:47
  saving
• 5:48
  by
• 5:48
  Ignoring
• 5:49
  something
• 5:49
  costs
• 5:49
  you
• 5:50
  three
• 5:50
  later.
• 5:51
  And
• 5:51
  we
• 5:52
  see
• 5:52
  it
• 5:52
  everywhere.
• 5:52
  There's
• 5:53
  a
• 5:53
  million.
• 5:54
  There's
• 5:54
  a
• 5:54
  million
• 5:54
  spots
• 5:55
  where
• 5:55
  that
• 5:55
  happens,
• 5:56
  right?
• 5:56
  My
• 5:56
  gosh,
• 5:57
  between
• 5:57
  appliance
• 5:58
  maintenance
• 5:58
  and
• 5:59
  roof
• 5:59
  leaks
• 5:59
  and
• 6:00
  everything
• 6:00
  in
• 6:00
  between.
• 6:01
  Like.
• 6:02
  Well,
• 6:02
  you
• 6:03
  can
• 6:03
  watch
• 6:03
  even
• 6:03
  our
• 6:04
  local
• 6:04
  state
• 6:04
  city
• 6:05
  government
• 6:05
  do
• 6:06
  that
• 6:06
  stuff
• 6:06
  where
• 6:06
  all
• 6:06
  of
• 6:07
  a
• 6:07
  sudden
• 6:07
  they
• 6:07
  don't
• 6:08
  take
• 6:08
  care
• 6:08
  of
• 6:08
  that
• 6:09
  school
• 6:09
  building,
• 6:09
  for
• 6:09
  instance,
• 6:10
  for
• 6:10
  20
• 6:11
  years.
• 6:12
  And
• 6:12
  they
• 6:12
  go,
• 6:12
  oh,
• 6:12
  it's
• 6:13
  cheaper
• 6:13
  to
• 6:13
  tear
• 6:13
  it
• 6:13
  down
• 6:14
  now
• 6:14
  than
• 6:14
  it
• 6:15
  is
• 6:15
  to
• 6:15
  build,
• 6:15
  you
• 6:15
  know,
• 6:15
  to.
• 6:16
  Here
• 6:16
  comes
• 6:16
  the
• 6:17
  new
• 6:17
  levy.
• 6:17
  Yeah,
• 6:18
  here
• 6:18
  comes
• 6:18
  the
• 6:18
  new
• 6:19
  levy.
• 6:19
  So,
• 6:19
  you
• 6:19
  know,
• 6:19
  it's
• 6:20
  one
• 6:20
  of
• 6:20
  those
• 6:20
  things,
• 6:21
  you
• 6:21
  know,
• 6:21
  let's
• 6:22
  say
• 6:22
  it
• 6:22
  costs
• 6:22
  you
• 6:23
  700
• 6:24
  bucks
• 6:25
  to
• 6:25
  have
• 6:25
  somebody
• 6:26
  come
• 6:26
  up
• 6:26
  and
• 6:26
  do
• 6:27
  that
• 6:27
  roof
• 6:27
  repair.
• 6:28
  Little
• 6:28
  roof
• 6:28
  repair.
• 6:29
  They
• 6:29
  come
• 6:29
  up,
• 6:29
  they
• 6:29
  fix
• 6:30
  it
• 6:30
  off,
• 6:30
  you
• 6:30
  go,
• 6:31
  yeah,
• 6:31
  if
• 6:31
  you
• 6:31
  let
• 6:31
  that
• 6:32
  go
• 6:32
  for
• 6:32
  three
• 6:32
  or
• 6:32
  four
• 6:33
  years
• 6:33
  now,
• 6:33
  that's
• 6:34
  $60,000
• 6:36
  because
• 6:36
  you
• 6:36
  have
• 6:36
  mold.
• 6:37
  You
• 6:37
  have,
• 6:37
  you
• 6:37
  know,
• 6:38
  plywood.
• 6:39
  You
• 6:39
  got
• 6:39
  mold
• 6:39
  in
• 6:40
  the
• 6:40
  walls.
• 6:40
  You
• 6:40
  got
• 6:41
  rotten
• 6:41
  studs
• 6:42
  inside
• 6:42
  the
• 6:42
  walls.
• 6:43
  If
• 6:43
  it
• 6:43
  went
• 6:43
  too
• 6:43
  long
• 6:44
  and
• 6:44
  too
• 6:44
  deep,
• 6:44
  you
• 6:44
  got
• 6:45
  insulation
• 6:46
  replacement.
• 6:46
  You
• 6:47
  got.
• 6:47
  Yeah,
• 6:48
  yep.
• 6:49
  And
• 6:49
  so
• 6:49
  that
• 6:50
  is
• 6:50
  the
• 6:50
  killer
• 6:50
  right
• 6:50
  there.
• 6:51
  Just
• 6:51
  like
• 6:52
  I
• 6:52
  say
• 6:52
  now,
• 6:52
  skipping
• 6:53
  H
• 6:53
  vac
• 6:54
  service.
• 6:54
  We
• 6:54
  talked
• 6:55
  about
• 6:55
  this
• 6:55
  one.
• 6:55
  If
• 6:56
  you
• 6:56
  don't
• 6:56
  miss
• 6:57
  that,
• 6:57
  if
• 6:57
  you
• 6:57
  miss
• 6:57
  that
• 6:58
  annual
• 6:58
  service,
• 6:59
  you
• 7:00
  know,
• 7:00
  right
• 7:00
  now,
• 7:01
  to
• 7:01
  put
• 7:01
  a
• 7:01
  nice
• 7:01
  system
• 7:02
  in,
• 7:02
  you
• 7:02
  can
• 7:02
  spend
• 7:03
  $20,000
• 7:04
  out
• 7:05
  there
• 7:05
  to
• 7:05
  put
• 7:05
  a
• 7:05
  nice
• 7:05
  system
• 7:06
  in,
• 7:06
  to
• 7:06
  replace
• 7:06
  it.
• 7:07
  And
• 7:07
  the
• 7:08
  big
• 7:08
  thing
• 7:08
  is,
• 7:08
  is
• 7:08
  when,
• 7:09
  as
• 7:09
  we
• 7:09
  talked
• 7:09
  about,
• 7:10
  they
• 7:10
  changed
• 7:10
  all
• 7:11
  the.
• 7:11
  All
• 7:11
  the
• 7:11
  refrigerants
• 7:12
  now.
• 7:13
  And
• 7:13
  so
• 7:13
  you
• 7:14
  can't
• 7:14
  go
• 7:14
  get
• 7:14
  the
• 7:14
  repair
• 7:15
  parts
• 7:15
  for
• 7:15
  the
• 7:15
  old
• 7:15
  one
• 7:16
  like
• 7:16
  you
• 7:16
  could
• 7:16
  a
• 7:16
  couple
• 7:16
  of
• 7:16
  years
• 7:16
  ago.
• 7:17
  Now
• 7:17
  they
• 7:17
  come
• 7:17
  in
• 7:17
  and
• 7:17
  go,
• 7:18
  yeah,
• 7:18
  we
• 7:18
  don't
• 7:18
  make
• 7:18
  that
• 7:18
  anymore
• 7:19
  because
• 7:19
  we
• 7:19
  can't.
• 7:20
  So
• 7:20
  you
• 7:20
  got
• 7:20
  to
• 7:21
  whole
• 7:21
  new
• 7:21
  system
• 7:21
  in.
• 7:21
  And
• 7:22
  so
• 7:22
  instead
• 7:22
  of
• 7:22
  getting
• 7:23
  replacement
• 7:23
  parts,
• 7:24
  you're
• 7:25
  now
• 7:25
  buying
• 7:25
  a
• 7:25
  whole
• 7:25
  new
• 7:26
  system.
• 7:26
  And
• 7:26
  instead
• 7:26
  of
• 7:26
  being
• 7:27
  that
• 7:27
  $1,000
• 7:28
  fix,
• 7:28
  it's
• 7:28
  a
• 7:28
  $20,000
• 7:29
  fix
• 7:30
  over
• 7:30
  what
• 7:31
  would
• 7:31
  be
• 7:31
  a
• 7:31
  three
• 7:32
  or
• 7:32
  $400
• 7:32
  tuneup.
• 7:33
  Yeah,
• 7:34
  the
• 7:34
  one
• 7:34
  you
• 7:34
  brought
• 7:34
  up
• 7:35
  that.
• 7:35
  Like
• 7:36
  that
• 7:36
  I
• 7:36
  know
• 7:37
  I
• 7:37
  always
• 7:37
  put
• 7:37
  off.
• 7:38
  You
• 7:38
  brought
• 7:38
  up
• 7:38
  like
• 7:39
  cleaning,
• 7:39
  cleaning
• 7:40
  appliances,
• 7:40
  vacuuming
• 7:41
  out
• 7:41
  under
• 7:41
  the
• 7:41
  fridge
• 7:42
  and
• 7:42
  things
• 7:42
  like
• 7:42
  that,
• 7:43
  changing
• 7:44
  water
• 7:44
  filters,
• 7:45
  if
• 7:45
  you
• 7:45
  got
• 7:45
  water
• 7:45
  in
• 7:45
  your
• 7:45
  fridge,
• 7:46
  like,
• 7:46
  simple
• 7:47
  things
• 7:47
  like
• 7:47
  that
• 7:49
  that
• 7:49
  are
• 7:49
  so
• 7:49
  easy
• 7:50
  to
• 7:50
  put
• 7:50
  off.
• 7:50
  You're
• 7:51
  like,
• 7:51
  ah,
• 7:51
  yeah,
• 7:51
  next
• 7:52
  Sunday.
• 7:52
  Next
• 7:53
  Sunday,
• 7:54
  three
• 7:54
  years
• 7:54
  go
• 7:54
  by
• 7:54
  and
• 7:55
  your
• 7:55
  fridge
• 7:55
  blows
• 7:55
  up.
• 7:55
  You're
• 7:56
  like,
• 7:56
  absolutely,
• 7:57
  you're
• 7:58
  right.
• 7:58
  Now
• 7:58
  you're
• 7:58
  spending
• 7:59
  another
• 7:59
  two
• 7:59
  grand
• 7:59
  for
• 8:00
  a
• 8:00
  good
• 8:00
  fridge.
• 8:00
  Yeah,
• 8:00
  you
• 8:01
  know,
• 8:01
  it's
• 8:01
  little
• 8:01
  things
• 8:02
  like
• 8:02
  that.
• 8:02
  You
• 8:02
  think,
• 8:03
  ah,
• 8:03
  you
• 8:03
  know,
• 8:03
  they're
• 8:03
  inconsequential.
• 8:04
  Yeah,
• 8:04
  they
• 8:05
  are.
• 8:05
  Until
• 8:05
  it's
• 8:05
  two,
• 8:06
  three
• 8:06
  grand,
• 8:06
  you
• 8:07
  know.
• 8:08
  Yeah.
• 8:08
  I
• 8:08
  mean,
• 8:09
  really,
• 8:09
  if
• 8:09
  you
• 8:09
  look
• 8:10
  at
• 8:10
  it,
• 8:10
  you
• 8:10
  should
• 8:10
  be
• 8:10
  budgeting
• 8:11
  at
• 8:12
  least
• 8:12
  a
• 8:12
  couple
• 8:12
  percentage
• 8:13
  points
• 8:13
  of
• 8:13
  your
• 8:13
  home's
• 8:14
  value
• 8:15
  every
• 8:15
  year
• 8:16
  for
• 8:16
  maintenance.
• 8:17
  Yeah,
• 8:18
  yeah,
• 8:18
  that's
• 8:18
  fair.
• 8:19
  I
• 8:19
  mean,
• 8:20
  same
• 8:20
  thing
• 8:20
  with,
• 8:20
  you
• 8:20
  know,
• 8:20
  it's
• 8:21
  like
• 8:21
  buying
• 8:21
  a
• 8:21
  boat
• 8:21
  and
• 8:22
  people
• 8:22
  tell
• 8:22
  you
• 8:22
  that
• 8:22
  and
• 8:23
  you're
• 8:23
  like,
• 8:23
  bust
• 8:23
  out
• 8:23
  another
• 8:24
  thousand.
• 8:24
  I
• 8:24
  can't.
• 8:25
  That
• 8:25
  can't
• 8:25
  be
• 8:25
  right.
• 8:26
  No
• 8:26
  way.
• 8:26
  You
• 8:27
  know,
• 8:28
  because
• 8:28
  you
• 8:28
  want
• 8:29
  to
• 8:29
  buy
• 8:29
  the
• 8:29
  bigger
• 8:29
  boat,
• 8:30
  right?
• 8:30
  So.
• 8:30
  Absolutely.
• 8:31
  And
• 8:31
  then
• 8:31
  you
• 8:32
  get
• 8:32
  the
• 8:32
  big
• 8:32
  boat
• 8:32
  and
• 8:32
  you
• 8:33
  go,
• 8:33
  wow,
• 8:33
  I
• 8:33
  can't
• 8:33
  even
• 8:33
  afford
• 8:34
  to
• 8:34
  put
• 8:34
  gas
• 8:34
  in
• 8:35
  it
• 8:35
  now
• 8:35
  because
• 8:35
  I
• 8:35
  got
• 8:36
  to
• 8:36
  take
• 8:36
  care
• 8:36
  of
• 8:37
  it.
• 8:37
  Yeah.
• 8:38
  You
• 8:38
  know,
• 8:38
  licensing,
• 8:39
  insurance,
• 8:40
  all
• 8:40
  those
• 8:40
  crazy
• 8:40
  things.
• 8:41
  And,
• 8:41
  you
• 8:41
  know,
• 8:41
  you
• 8:41
  think
• 8:41
  about
• 8:41
  it
• 8:41
  here
• 8:42
  too.
• 8:42
  Everything
• 8:43
  in
• 8:43
  your
• 8:44
  house,
• 8:44
  maybe,
• 8:45
  except
• 8:45
  for,
• 8:45
  like
• 8:45
  framing
• 8:46
  in
• 8:46
  the
• 8:46
  concrete,
• 8:47
  has
• 8:47
  its
• 8:48
  own
• 8:48
  life
• 8:48
  cycle,
• 8:49
  right?
• 8:49
  The
• 8:50
  kitchen,
• 8:50
  the
• 8:51
  bathrooms.
• 8:51
  You
• 8:52
  know,
• 8:52
  I
• 8:52
  was
• 8:52
  talking
• 8:52
  to
• 8:52
  a
• 8:52
  realtor
• 8:53
  buddy
• 8:53
  the
• 8:53
  other
• 8:53
  day
• 8:54
  and
• 8:54
  he
• 8:54
  goes,
• 8:54
  well,
• 8:55
  what's
• 8:55
  the
• 8:55
  lifespan
• 8:56
  of
• 8:56
  a
• 8:56
  kitchen?
• 8:56
  I
• 8:56
  said,
• 8:57
  well,
• 8:57
  if
• 8:57
  you
• 8:57
  look
• 8:57
  across
• 8:57
  the
• 8:58
  industry,
• 8:58
  the
• 8:59
  lifespan
• 8:59
  of
• 9:00
  a
• 9:00
  kitchen
• 9:00
  is
• 9:01
  15
• 9:01
  years.
• 9:02
  And
• 9:02
  that's
• 9:02
  it.
• 9:02
  It's
• 9:03
  about
• 9:03
  40
• 9:03
  minutes
• 9:04
  if
• 9:04
  I'm
• 9:04
  in
• 9:04
  it.
• 9:05
  Yeah,
• 9:05
  right
• 9:08
  before
• 9:09
  you
• 9:09
  grab
• 9:09
  the
• 9:09
  fire
• 9:09
  extinguisher
• 9:10
  because
• 9:10
  dinner's
• 9:10
  ready.
• 9:13
  That's
• 9:13
  why
• 9:13
  I'm
• 9:14
  not
• 9:14
  allowed.
• 9:15
  Yeah.
• 9:15
  No,
• 9:16
  but
• 9:16
  seriously,
• 9:16
  dude,
• 9:17
  if
• 9:17
  you
• 9:17
  look
• 9:17
  at
• 9:18
  what
• 9:18
  lifetime
• 9:18
  warranties
• 9:19
  are
• 9:19
  on
• 9:19
  kitchen
• 9:20
  cabinetry,
• 9:21
  if
• 9:21
  you
• 9:22
  read
• 9:22
  the
• 9:22
  fine
• 9:22
  print,
• 9:23
  they
• 9:23
  do
• 9:23
  the
• 9:24
  industry
• 9:24
  standard,
• 9:25
  15
• 9:25
  years.
• 9:26
  So
• 9:27
  when
• 9:27
  you're
• 9:27
  looking
• 9:27
  at
• 9:28
  that
• 9:28
  and
• 9:28
  you've
• 9:29
  got
• 9:29
  a
• 9:29
  lifetime
• 9:29
  warranty,
• 9:30
  they
• 9:30
  say,
• 9:30
  well,
• 9:30
  if
• 9:31
  it's
• 9:31
  16
• 9:31
  years,
• 9:31
  it
• 9:32
  should
• 9:32
  be
• 9:32
  done.
• 9:32
  Because
• 9:33
  maybe
• 9:33
  not
• 9:33
  the
• 9:34
  plywood
• 9:34
  boxes
• 9:34
  are
• 9:35
  worn
• 9:35
  out,
• 9:36
  but
• 9:36
  the
• 9:36
  finish
• 9:36
  is
• 9:36
  coming
• 9:36
  off
• 9:37
  the
• 9:37
  doors,
• 9:38
  the
• 9:38
  style
• 9:38
  is
• 9:39
  out
• 9:39
  of
• 9:39
  date.
• 9:39
  You
• 9:40
  know,
• 9:40
  you
• 9:40
  need
• 9:40
  to
• 9:40
  kind
• 9:41
  of
• 9:41
  do
• 9:41
  some
• 9:41
  upgrades.
• 9:42
  And
• 9:42
  so
• 9:42
  when
• 9:42
  you
• 9:42
  start
• 9:43
  looking
• 9:43
  at
• 9:43
  stuff
• 9:43
  like
• 9:44
  that,
• 9:44
  wow,
• 9:44
  that
• 9:45
  gets
• 9:45
  expensive
• 9:45
  quick.
• 9:46
  Especially
• 9:46
  if
• 9:46
  you're.
• 9:47
  You're
• 9:47
  planning
• 9:47
  to
• 9:47
  do
• 9:47
  a
• 9:48
  six
• 9:48
  figure
• 9:49
  kitchen
• 9:49
  model,
• 9:49
  which
• 9:50
  is
• 9:50
  kind
• 9:50
  of
• 9:50
  standard
• 9:51
  these
• 9:51
  days.
• 9:51
  It
• 9:52
  adds
• 9:52
  up
• 9:52
  freaking
• 9:53
  quick.
• 9:53
  Well,
• 9:53
  I
• 9:53
  tell
• 9:54
  you
• 9:54
  what,
• 9:54
  if
• 9:54
  you're.
• 9:55
  If
• 9:55
  you're
• 9:56
  disciplined,
• 9:56
  which
• 9:57
  I
• 9:57
  am,
• 9:57
  anything
• 9:58
  but
• 9:58
  I'll
• 9:58
  be
• 9:59
  the
• 9:59
  first
• 9:59
  to
• 9:59
  admit
• 9:59
  it,
• 10:00
  but
• 10:01
  you
• 10:01
  brought
• 10:01
  up
• 10:01
  a
• 10:01
  really
• 10:01
  good
• 10:02
  point
• 10:02
  point
• 10:02
  and
• 10:02
  a
• 10:02
  really
• 10:03
  good
• 10:03
  calculating
• 10:04
  factor,
• 10:05
  right?
• 10:05
  Like,
• 10:05
  figure
• 10:05
  a
• 10:05
  couple
• 10:06
  of
• 10:06
  points
• 10:06
  in
• 10:06
  there
• 10:07
  on
• 10:07
  the
• 10:08
  value
• 10:08
  of
• 10:08
  your
• 10:08
  house
• 10:09
  and
• 10:09
  bank
• 10:09
  that,
• 10:10
  man.
• 10:10
  Bank
• 10:11
  it.
• 10:11
  Because
• 10:11
  in
• 10:12
  five
• 10:12
  years,
• 10:12
  if
• 10:13
  you
• 10:13
  blow
• 10:13
  the
• 10:13
  H
• 10:13
  vac
• 10:14
  system,
• 10:15
  you'll
• 10:15
  have
• 10:15
  40
• 10:15
  grand
• 10:16
  sitting
• 10:16
  there,
• 10:16
  20
• 10:17
  grand
• 10:17
  sitting
• 10:17
  there,
• 10:17
  whatever,
• 10:18
  right?
• 10:18
  Or
• 10:18
  at
• 10:19
  least
• 10:19
  a
• 10:19
  good
• 10:20
  chunk
• 10:20
  of
• 10:20
  it,
• 10:20
  you
• 10:21
  know?
• 10:21
  Well,
• 10:22
  hey,
• 10:22
  Johnny,
• 10:22
  let's
• 10:22
  go
• 10:22
  to
• 10:22
  break.
• 10:23
  We
• 10:23
  come
• 10:23
  back,
• 10:23
  we're
• 10:23
  going
• 10:24
  to
• 10:24
  talk
• 10:24
  about
• 10:25
  one
• 10:25
  of
• 10:25
  the
• 10:26
  biggest
• 10:26
  controversial
• 10:27
  ones
• 10:27
  that
• 10:27
  I
• 10:27
  know
• 10:27
  we're
• 10:27
  going
• 10:27
  to
• 10:28
  get
• 10:28
  some
• 10:28
  big
• 10:28
  builders
• 10:29
  maybe
• 10:29
  mad
• 10:29
  at
• 10:30
  us
• 10:30
  a
• 10:30
  little
• 10:30
  bit
• 10:30
  on.
• 10:31
  We'll
• 10:31
  talk
• 10:31
  about
• 10:31
  that
• 10:32
  just
• 10:32
  as
• 10:32
  soon
• 10:32
  as
• 10:32
  around
• 10:33
  the
• 10:33
  House
• 10:33
  returns.
• 12:40
  Welcome
• 12:41
  to
• 12:41
  the
• 12:41
  around
• 12:41
  the
• 12:42
  House
• 12:42
  show.
• 12:42
  Johnny
• 12:43
  and
• 12:43
  I
• 12:43
  have
• 12:43
  been
• 12:43
  sitting
• 12:44
  here
• 12:44
  Talking
• 12:44
  about
• 12:44
  top
• 12:45
  10
• 12:45
  truths
• 12:45
  of
• 12:46
  home
• 12:46
  ownership.
• 12:47
  And
• 12:47
  by
• 12:47
  the
• 12:48
  way
• 12:48
  guys,
• 12:48
  we
• 12:48
  have
• 12:48
  a
• 12:48
  poll
• 12:48
  over
• 12:49
  on
• 12:49
  our
• 12:49
  around
• 12:49
  the
• 12:50
  House
• 12:51
  nation
• 12:52
  Facebook
• 12:52
  group.
• 12:53
  This
• 12:53
  is
• 12:53
  our
• 12:53
  closed
• 12:54
  group
• 12:54
  over
• 12:54
  there.
• 12:54
  So
• 12:54
  if
• 12:55
  you're
• 12:55
  not
• 12:55
  a
• 12:55
  member,
• 12:55
  just
• 12:55
  click
• 12:56
  over
• 12:56
  to
• 12:56
  that,
• 12:57
  say
• 12:57
  hey,
• 12:58
  approve
• 12:58
  me.
• 12:58
  I
• 12:59
  will
• 12:59
  be
• 12:59
  the
• 12:59
  one
• 12:59
  that
• 12:59
  does
• 13:00
  that.
• 13:00
  I'll
• 13:00
  take
• 13:01
  a
• 13:01
  look.
• 13:01
  If
• 13:01
  you
• 13:01
  look
• 13:01
  like
• 13:01
  a
• 13:01
  real
• 13:02
  human,
• 13:02
  we'll
• 13:02
  let
• 13:02
  you
• 13:02
  in.
• 13:03
  And
• 13:03
  then
• 13:03
  we've
• 13:03
  got
• 13:04
  a
• 13:04
  poll
• 13:04
  over
• 13:04
  there
• 13:04
  that
• 13:04
  you
• 13:05
  can't
• 13:05
  wait
• 13:05
  to
• 13:06
  see
• 13:06
  because
• 13:07
  can
• 13:07
  affect
• 13:07
  what's
• 13:07
  coming
• 13:07
  up
• 13:08
  in
• 13:08
  the
• 13:08
  show
• 13:08
  with
• 13:08
  that.
• 13:09
  We've
• 13:09
  been
• 13:09
  talking
• 13:10
  about
• 13:10
  this
• 13:10
  stuff,
• 13:10
  Johnny.
• 13:11
  And
• 13:11
  now
• 13:11
  the
• 13:11
  the
• 13:12
  my
• 13:12
  favorite
• 13:12
  one
• 13:13
  here
• 13:14
  in
• 13:14
  the
• 13:14
  top
• 13:14
  10
• 13:14
  truths
• 13:15
  of
• 13:15
  home
• 13:15
  ownership.
• 13:16
  Cheap
• 13:17
  products
• 13:17
  in
• 13:18
  expensive
• 13:19
  homes
• 13:20
  is
• 13:20
  the
• 13:20
  ultimate
• 13:21
  flex
• 13:21
  fail.
• 13:22
  You
• 13:22
  might
• 13:23
  piss
• 13:23
  off
• 13:23
  a
• 13:23
  couple
• 13:23
  of
• 13:23
  builders.
• 13:24
  Yeah.
• 13:25
  Do
• 13:25
  you
• 13:26
  know
• 13:26
  how
• 13:26
  many
• 13:26
  times
• 13:28
  I
• 13:28
  walk
• 13:28
  around
• 13:28
  and
• 13:29
  I'll
• 13:29
  see
• 13:29
  a
• 13:29
  $2
• 13:30
  million
• 13:30
  house
• 13:31
  that
• 13:31
  I'm
• 13:32
  shooting
• 13:32
  that's
• 13:32
  brand
• 13:33
  new
• 13:33
  built
• 13:34
  that
• 13:34
  I'm
• 13:34
  shooting
• 13:35
  for
• 13:35
  my
• 13:36
  around
• 13:37
  the
• 13:37
  house
• 13:37
  Northwest
• 13:38
  show.
• 13:38
  I
• 13:38
  saw
• 13:38
  this
• 13:39
  a
• 13:39
  few
• 13:39
  times.
• 13:40
  I'm
• 13:40
  walking
• 13:41
  through
• 13:41
  that
• 13:41
  and
• 13:41
  I'm
• 13:41
  like,
• 13:42
  why
• 13:42
  do
• 13:43
  you
• 13:43
  have
• 13:43
  luxury
• 13:44
  vinyl
• 13:45
  plank
• 13:45
  flooring
• 13:46
  in
• 13:46
  this
• 13:47
  home
• 13:48
  on
• 13:48
  the
• 13:48
  first
• 13:48
  or
• 13:49
  second
• 13:49
  level?
• 13:50
  Are
• 13:50
  you
• 13:50
  kidding
• 13:51
  me?
• 13:52
  It's
• 13:52
  what
• 13:53
  are
• 13:53
  you
• 13:53
  doing
• 13:54
  if
• 13:54
  you've
• 13:55
  got
• 13:55
  a
• 13:55
  million
• 13:55
  dollar
• 13:56
  plus
• 13:56
  home
• 13:57
  in
• 13:57
  most
• 13:57
  areas
• 13:58
  now
• 13:58
  there
• 13:58
  are
• 13:59
  some
• 13:59
  places
• 13:59
  that
• 13:59
  you
• 13:59
  can't
• 14:00
  get
• 14:00
  a
• 14:00
  single
• 14:00
  wide
• 14:01
  for
• 14:01
  more
• 14:01
  than
• 14:01
  a
• 14:01
  million
• 14:01
  under
• 14:02
  a
• 14:02
  million
• 14:02
  bucks.
• 14:03
  So
• 14:03
  I
• 14:03
  get
• 14:04
  that
• 14:04
  little
• 14:05
  different.
• 14:06
  But
• 14:06
  for
• 14:06
  95%
• 14:08
  of
• 14:08
  the
• 14:08
  United
• 14:08
  States,
• 14:09
  if
• 14:10
  you
• 14:10
  have
• 14:10
  a
• 14:10
  million
• 14:10
  dollar
• 14:11
  house
• 14:11
  and
• 14:11
  you're
• 14:12
  putting
• 14:12
  in
• 14:12
  cheap
• 14:13
  products
• 14:13
  that
• 14:13
  make
• 14:14
  it
• 14:14
  look
• 14:14
  like
• 14:14
  a
• 14:14
  bad
• 14:14
  house
• 14:15
  flip,
• 14:15
  you
• 14:16
  got
• 14:16
  a
• 14:16
  problem.
• 14:17
  Because
• 14:18
  people
• 14:19
  expect
• 14:20
  a
• 14:21
  level
• 14:21
  of
• 14:21
  value
• 14:22
  at
• 14:22
  the
• 14:22
  price
• 14:22
  point
• 14:23
  and
• 14:24
  when
• 14:24
  you
• 14:24
  go
• 14:25
  in
• 14:25
  and
• 14:25
  put
• 14:25
  in
• 14:25
  the
• 14:26
  absolute
• 14:27
  cheapest
• 14:28
  stuff
• 14:28
  in
• 14:28
  there,
• 14:29
  people
• 14:29
  see
• 14:29
  it
• 14:30
  and
• 14:30
  where
• 14:31
  this
• 14:31
  really
• 14:31
  matters
• 14:32
  too.
• 14:32
  As
• 14:32
  a
• 14:32
  homeowner,
• 14:33
  if
• 14:33
  you've
• 14:33
  got
• 14:34
  that
• 14:34
  one
• 14:35
  and
• 14:35
  a
• 14:35
  half
• 14:35
  million
• 14:35
  dollar
• 14:36
  house
• 14:36
  out
• 14:36
  there
• 14:36
  and
• 14:37
  you're
• 14:37
  like,
• 14:37
  hey,
• 14:37
  I'm
• 14:37
  going
• 14:37
  to
• 14:37
  sell
• 14:37
  it.
• 14:38
  I'm
• 14:38
  going
• 14:38
  to
• 14:38
  make
• 14:38
  some
• 14:38
  money
• 14:38
  on
• 14:39
  this.
• 14:39
  And
• 14:39
  you
• 14:39
  go
• 14:40
  put
• 14:40
  in
• 14:40
  that
• 14:40
  luxury
• 14:41
  vinyl
• 14:41
  plank
• 14:41
  because
• 14:42
  you're
• 14:42
  saving
• 14:42
  $4
• 14:42
  a
• 14:43
  square
• 14:43
  foot
• 14:44
  under
• 14:44
  what
• 14:44
  hardwood
• 14:45
  would
• 14:45
  be,.
• 14:46
  That's
• 14:46
  going
• 14:46
  to
• 14:46
  hurt
• 14:46
  you
• 14:47
  and
• 14:47
  it
• 14:48
  spend
• 14:49
  it
• 14:49
  because
• 14:50
  you
• 14:50
  got
• 14:50
  to
• 14:50
  serve
• 14:50
  the
• 14:50
  mortgage
• 14:51
  90
• 14:52
  days
• 14:52
  extra
• 14:53
  while
• 14:53
  you
• 14:53
  try
• 14:53
  to
• 14:53
  sell
• 14:54
  it
• 14:54
  right.
• 14:55
  And
• 14:55
  you're
• 14:55
  going
• 14:55
  to
• 14:56
  have
• 14:56
  to
• 14:56
  Lower
• 14:56
  your
• 14:56
  price
• 14:57
  to
• 14:57
  get
• 14:57
  it
• 14:57
  sold
• 14:58
  after
• 14:58
  90
• 14:58
  days,
• 14:59
  dude.
• 15:00
  Every
• 15:00
  time
• 15:01
  doesn't
• 15:02
  pan
• 15:02
  out.
• 15:03
  Don't
• 15:03
  do
• 15:03
  that.
• 15:04
  Because
• 15:04
  here's
• 15:04
  what
• 15:04
  happens.
• 15:06
  I
• 15:06
  bought
• 15:07
  a
• 15:07
  lot
• 15:07
  of
• 15:07
  properties
• 15:07
  and
• 15:08
  sold
• 15:08
  a
• 15:08
  lot
• 15:08
  of
• 15:08
  properties.
• 15:08
  And
• 15:09
  I.
• 15:09
  There's
• 15:09
  a
• 15:09
  couple
• 15:10
  lessons
• 15:10
  I
• 15:10
  learned
• 15:10
  the
• 15:11
  hard
• 15:11
  way,
• 15:12
  dude.
• 15:12
  People
• 15:12
  walk
• 15:13
  in
• 15:13
  and
• 15:13
  if
• 15:13
  they're
• 15:13
  out
• 15:13
  shopping.
• 15:14
  So
• 15:14
  let's
• 15:14
  say
• 15:15
  we're
• 15:15
  going
• 15:15
  to
• 15:15
  use
• 15:15
  that
• 15:15
  million
• 15:16
  and
• 15:16
  a
• 15:16
  half
• 15:16
  dollar
• 15:16
  house
• 15:17
  as
• 15:17
  an
• 15:17
  example.
• 15:18
  I
• 15:18
  mean,
• 15:18
  most
• 15:18
  people
• 15:19
  can't
• 15:19
  afford
• 15:19
  that.
• 15:19
  I
• 15:20
  can't
• 15:20
  afford
• 15:20
  that.
• 15:20
  You
• 15:21
  can't
• 15:21
  afford
• 15:21
  that.
• 15:21
  But
• 15:22
  that's
• 15:22
  where
• 15:22
  we're
• 15:22
  at.
• 15:23
  That
• 15:23
  million
• 15:23
  dollar,
• 15:24
  1.5
• 15:24
  million
• 15:25
  dollar
• 15:25
  house.
• 15:26
  People
• 15:26
  are
• 15:26
  out
• 15:27
  shopping
• 15:27
  around
• 15:27
  that.
• 15:28
  They've
• 15:28
  seen
• 15:28
  the
• 15:29
  beautiful
• 15:29
  hardwood
• 15:30
  floors.
• 15:30
  Everywhere
• 15:31
  else
• 15:31
  they
• 15:32
  walk
• 15:32
  into
• 15:32
  yours
• 15:32
  and
• 15:33
  go,
• 15:33
  what's
• 15:34
  with
• 15:34
  the
• 15:34
  plastic
• 15:34
  man?
• 15:35
  What
• 15:36
  happened
• 15:36
  here?
• 15:36
  Yeah,
• 15:37
  no,
• 15:38
  yeah,
• 15:38
  no.
• 15:38
  It's
• 15:39
  like
• 15:39
  going
• 15:39
  in
• 15:39
  Nordstrom's
• 15:40
  three
• 15:40
  times
• 15:40
  and
• 15:40
  walking
• 15:41
  into
• 15:41
  Kmart.
• 15:42
  You're
• 15:42
  gonna
• 15:42
  notice.
• 15:43
  You're
• 15:43
  gonna
• 15:43
  notice.
• 15:44
  It's
• 15:45
  super
• 15:45
  evident.
• 15:46
  And
• 15:46
  it
• 15:46
  can
• 15:46
  be
• 15:46
  simple
• 15:47
  things,
• 15:47
  right.
• 15:47
  It
• 15:48
  could
• 15:48
  be
• 15:48
  small
• 15:48
  things,
• 15:48
  it
• 15:49
  could
• 15:49
  be
• 15:49
  the,
• 15:50
  oh,
• 15:50
  just
• 15:50
  throw
• 15:51
  in
• 15:51
  that
• 15:51
  49
• 15:52
  bath
• 15:52
  fan
• 15:53
  from
• 15:53
  Home
• 15:53
  Depot
• 15:54
  versus
• 15:54
  having
• 15:55
  a
• 15:55
  nice
• 15:55
  Panasonic
• 15:56
  in
• 15:56
  there.
• 15:56
  Right?
• 15:57
  Correct.
• 15:57
  With
• 15:58
  the
• 15:58
  correct
• 15:58
  light
• 15:58
  and
• 15:59
  this,
• 16:00
  you
• 16:00
  know,
• 16:00
  the
• 16:01
  details
• 16:02
  faucet
• 16:02
  is
• 16:03
  gonna
• 16:03
  stand
• 16:03
  out.
• 16:03
  A
• 16:04
  million
• 16:04
  dollar
• 16:04
  home.
• 16:04
  Don't
• 16:05
  do
• 16:05
  that.
• 16:06
  Right?
• 16:06
  Do
• 16:06
  not
• 16:06
  do
• 16:07
  that.
• 16:07
  Yeah,
• 16:08
  this
• 16:08
  stuff
• 16:09
  adds
• 16:09
  up.
• 16:09
  And,
• 16:10
  and
• 16:10
  it's
• 16:11
  same
• 16:11
  kind
• 16:11
  of
• 16:11
  thing
• 16:11
  putting
• 16:12
  in
• 16:12
  the
• 16:12
  white
• 16:12
  vinyl
• 16:13
  windows
• 16:13
  in
• 16:14
  that
• 16:14
  million
• 16:14
  dollar
• 16:15
  house
• 16:15
  instead
• 16:15
  of
• 16:15
  maybe
• 16:15
  spending
• 16:16
  an
• 16:16
  extra
• 16:17
  20
• 16:17
  bucks
• 16:17
  a
• 16:17
  window
• 16:18
  and
• 16:18
  went
• 16:18
  black
• 16:18
  to
• 16:19
  make
• 16:19
  it
• 16:19
  look
• 16:19
  contemporary
• 16:20
  at
• 16:20
  least.
• 16:20
  Maybe
• 16:21
  it's
• 16:21
  okay,
• 16:21
  they're
• 16:21
  vinyl.
• 16:22
  But
• 16:22
  if
• 16:23
  everybody
• 16:23
  in
• 16:23
  the
• 16:23
  neighborhood
• 16:24
  has
• 16:24
  wood
• 16:24
  windows
• 16:25
  that
• 16:25
  are
• 16:25
  selling
• 16:25
  at
• 16:25
  the
• 16:26
  similar
• 16:26
  price,
• 16:27
  if
• 16:27
  you're
• 16:27
  going
• 16:28
  to
• 16:28
  remodel
• 16:28
  your
• 16:28
  house
• 16:29
  and
• 16:29
  you
• 16:29
  have
• 16:29
  a
• 16:30
  price
• 16:30
  point
• 16:30
  you're
• 16:30
  trying
• 16:31
  to
• 16:31
  affect,
• 16:32
  I
• 16:32
  think
• 16:32
  the
• 16:33
  smartest
• 16:33
  thing
• 16:33
  you
• 16:33
  can
• 16:34
  do
• 16:34
  is
• 16:35
  go
• 16:35
  out
• 16:35
  on
• 16:35
  a
• 16:35
  Saturday,
• 16:35
  Sunday
• 16:36
  and
• 16:36
  hit
• 16:37
  those
• 16:37
  open
• 16:37
  houses
• 16:38
  and
• 16:39
  see
• 16:39
  what
• 16:39
  else
• 16:40
  everybody's
• 16:40
  doing.
• 16:41
  If
• 16:41
  you're
• 16:42
  walking
• 16:42
  around
• 16:42
  the
• 16:42
  neighborhood
• 16:43
  or
• 16:43
  the
• 16:43
  neighborhoods
• 16:44
  in
• 16:44
  your
• 16:44
  area
• 16:44
  and
• 16:44
  you're
• 16:45
  like,
• 16:45
  wow,
• 16:45
  everybody's
• 16:45
  got
• 16:45
  wood
• 16:46
  windows.
• 16:47
  Guess
• 16:47
  what?
• 16:47
  You
• 16:47
  better
• 16:47
  be
• 16:47
  putting
• 16:48
  in
• 16:48
  wood
• 16:48
  windows.
• 16:49
  Yeah.
• 16:50
  And
• 16:50
  talk
• 16:51
  to
• 16:51
  a
• 16:51
  realtor
• 16:51
  before
• 16:51
  you
• 16:52
  go
• 16:52
  making
• 16:52
  those
• 16:52
  decisions
• 16:53
  because
• 16:53
  they're
• 16:54
  going
• 16:54
  to
• 16:54
  tell
• 16:54
  you
• 16:54
  that
• 16:54
  they're
• 16:55
  going
• 16:55
  to
• 16:55
  go,
• 16:55
  hey,
• 16:56
  I
• 16:56
  know
• 16:57
  you
• 16:57
  think
• 16:57
  because
• 16:57
  the
• 16:58
  neighbor
• 16:58
  was
• 16:58
  a
• 16:58
  million
• 16:58
  five
• 16:59
  years
• 16:59
  is
• 16:59
  a
• 16:59
  million
• 16:59
  five.
• 17:00
  And
• 17:00
  it's
• 17:00
  not
• 17:00
  going
• 17:01
  to
• 17:01
  be.
• 17:01
  And
• 17:02
  here's
• 17:02
  why.
• 17:02
  That's
• 17:03
  why
• 17:03
  we
• 17:03
  have
• 17:03
  comps.
• 17:04
  Right?
• 17:05
  Right.
• 17:05
  Here's
• 17:05
  the
• 17:06
  comparables
• 17:06
  in
• 17:06
  your
• 17:06
  market
• 17:07
  and
• 17:07
  here's
• 17:08
  what
• 17:08
  they
• 17:08
  have.
• 17:08
  And
• 17:09
  so
• 17:09
  don't
• 17:09
  do
• 17:10
  that
• 17:10
  if
• 17:10
  you
• 17:10
  do
• 17:10
  anything
• 17:11
  less,
• 17:11
  you're
• 17:12
  not
• 17:12
  going
• 17:12
  to
• 17:12
  get
• 17:12
  what
• 17:12
  you
• 17:13
  want.
• 17:13
  That's
• 17:13
  pretty.
• 17:14
  Oh,
• 17:14
  man.
• 17:14
  It
• 17:14
  just,
• 17:14
  it
• 17:15
  kills
• 17:15
  that
• 17:15
  perceived
• 17:16
  value.
• 17:17
  My
• 17:17
  house
• 17:18
  was
• 17:18
  exactly
• 17:18
  the
• 17:18
  different
• 17:19
  that
• 17:19
  I
• 17:19
  had
• 17:19
  to
• 17:19
  sell
• 17:19
  here
• 17:20
  this
• 17:20
  last
• 17:20
  year.
• 17:21
  I
• 17:21
  had
• 17:22
  stuff
• 17:22
  in
• 17:22
  there
• 17:22
  that
• 17:23
  was
• 17:24
  way
• 17:25
  above,
• 17:25
  which
• 17:25
  means
• 17:26
  we
• 17:26
  sold
• 17:26
  it
• 17:26
  quick,
• 17:27
  did
• 17:28
  it
• 17:28
  all
• 17:28
  praise
• 17:28
  out.
• 17:29
  If
• 17:29
  I
• 17:29
  would
• 17:30
  have
• 17:30
  spent
• 17:30
  all
• 17:30
  the
• 17:30
  money
• 17:30
  on
• 17:31
  that
• 17:31
  and
• 17:31
  paid
• 17:31
  somebody
• 17:32
  to
• 17:32
  do
• 17:32
  it,
• 17:32
  I'd
• 17:32
  have
• 17:32
  lost
• 17:33
  my
• 17:33
  ass
• 17:33
  on
• 17:33
  that.
• 17:34
  Because
• 17:34
  totally,
• 17:35
  that's
• 17:36
  the
• 17:36
  DIY
• 17:36
  thing.
• 17:36
  I
• 17:37
  mean,
• 17:37
  you
• 17:38
  had
• 17:38
  a
• 17:38
  unique
• 17:38
  situation,
• 17:39
  obviously
• 17:39
  with
• 17:40
  various
• 17:40
  suppliers
• 17:41
  and
• 17:41
  things
• 17:41
  like
• 17:42
  that
• 17:42
  and
• 17:42
  doing
• 17:42
  tons
• 17:43
  of
• 17:43
  the
• 17:43
  work
• 17:43
  yourself.
• 17:44
  And
• 17:44
  that
• 17:44
  makes
• 17:45
  a
• 17:45
  big
• 17:45
  difference.
• 17:46
  All
• 17:47
  I
• 17:47
  can
• 17:47
  picture
• 17:47
  is
• 17:48
  remember
• 17:49
  going
• 17:49
  way
• 17:49
  back.
• 17:49
  Remember
• 17:50
  Ernst?
• 17:51
  Yes.
• 17:52
  Home
• 17:52
  Depot
• 17:52
  and
• 17:53
  even
• 17:53
  Home
• 17:53
  Depot
• 17:54
  and
• 17:54
  Eagle,
• 17:54
  Lowe's,
• 17:55
  whatever,
• 17:55
  they
• 17:55
  carried
• 17:56
  those
• 17:56
  things.
• 17:56
  But
• 17:57
  those
• 17:57
  plastic
• 17:58
  rectangular
• 17:59
  shaped
• 18:00
  cabinet
• 18:00
  poles.
• 18:01
  Oh,
• 18:01
  yes,
• 18:02
  white
• 18:02
  plastic.
• 18:03
  And
• 18:03
  they
• 18:03
  turn
• 18:03
  yellow
• 18:04
  in
• 18:04
  about
• 18:04
  10
• 18:04
  weeks.
• 18:05
  They
• 18:05
  had
• 18:05
  red.
• 18:06
  Yep.
• 18:07
  Yeah,
• 18:08
  they
• 18:08
  came
• 18:08
  out
• 18:08
  with
• 18:08
  all
• 18:08
  kinds
• 18:09
  of
• 18:09
  colors.
• 18:09
  But
• 18:10
  do
• 18:10
  this.
• 18:11
  If
• 18:11
  you
• 18:11
  got
• 18:11
  a
• 18:11
  million
• 18:12
  and
• 18:12
  a
• 18:12
  half
• 18:12
  dollar
• 18:12
  house
• 18:14
  and
• 18:14
  you're
• 18:14
  thinking
• 18:14
  about
• 18:15
  going
• 18:15
  cheap,
• 18:15
  imagine
• 18:16
  somebody
• 18:17
  going,
• 18:17
  okay,
• 18:18
  we'll
• 18:18
  do
• 18:18
  everything
• 18:18
  nice,
• 18:19
  but
• 18:19
  we're
• 18:19
  going
• 18:19
  to
• 18:19
  put
• 18:19
  these
• 18:19
  white
• 18:20
  plastic
• 18:21
  handles
• 18:21
  on
• 18:21
  all
• 18:21
  the
• 18:22
  cabinetry.
• 18:23
  That's
• 18:23
  what
• 18:23
  it
• 18:23
  looks
• 18:24
  like
• 18:24
  when
• 18:24
  you
• 18:24
  go
• 18:24
  cheap.
• 18:25
  Like
• 18:25
  it's
• 18:26
  that
• 18:26
  obvious.
• 18:27
  I
• 18:28
  am
• 18:28
  convinced
• 18:29
  that
• 18:29
  the
• 18:29
  plastic
• 18:30
  in
• 18:30
  those
• 18:30
  was
• 18:31
  the
• 18:31
  exact
• 18:31
  same
• 18:32
  plastic
• 18:33
  that
• 18:33
  went
• 18:33
  into
• 18:35
  your
• 18:35
  little
• 18:35
  plastic
• 18:36
  spork
• 18:36
  that
• 18:36
  you
• 18:37
  had
• 18:37
  in
• 18:38
  lunch
• 18:38
  at
• 18:39
  school.
• 18:39
  That
• 18:40
  white
• 18:40
  plastic
• 18:41
  is
• 18:41
  this.
• 18:41
  It's
• 18:41
  spork
• 18:42
  plastic
• 18:42
  they
• 18:42
  made
• 18:42
  that
• 18:43
  stuff
• 18:43
  out
• 18:43
  of.
• 18:44
  Yep,
• 18:44
  it's
• 18:45
  exactly.
• 18:45
  That's
• 18:46
  why
• 18:46
  they
• 18:46
  all
• 18:46
  stripped
• 18:47
  and
• 18:47
  broke.
• 18:47
  Oh,
• 18:48
  my
• 18:48
  gosh.
• 18:49
  You'd
• 18:49
  have
• 18:49
  that
• 18:50
  heavy
• 18:50
  door,
• 18:50
  for
• 18:50
  instance,
• 18:51
  and
• 18:51
  you
• 18:51
  people
• 18:51
  would
• 18:51
  go
• 18:52
  to
• 18:52
  pull
• 18:52
  it
• 18:52
  on
• 18:52
  the
• 18:52
  pantry
• 18:52
  door
• 18:53
  and
• 18:53
  all
• 18:53
  of
• 18:53
  a
• 18:53
  sudden
• 18:53
  it
• 18:53
  just
• 18:53
  comes
• 18:54
  off.
• 18:54
  Because
• 18:54
  it
• 18:54
  took
• 18:54
  the
• 18:55
  threads
• 18:55
  with
• 18:55
  it.
• 18:55
  Yeah,
• 18:56
  totally
• 18:57
  bad,
• 18:57
  Totally
• 18:58
  bad.
• 18:58
  Duct
• 18:59
  tape
• 18:59
  it.
• 19:00
  Ah.
• 19:01
  So
• 19:01
  basically,
• 19:01
  here,
• 19:02
  guys,
• 19:02
  here's
• 19:02
  a
• 19:02
  good
• 19:02
  rule
• 19:03
  for
• 19:03
  you
• 19:03
  here.
• 19:03
  We've
• 19:03
  spent
• 19:03
  a
• 19:03
  lot
• 19:04
  of
• 19:04
  time
• 19:04
  on
• 19:04
  this
• 19:04
  one,
• 19:04
  but
• 19:05
  it's
• 19:05
  a
• 19:05
  pet
• 19:05
  peeve
• 19:05
  of
• 19:06
  mine.
• 19:06
  Rule
• 19:07
  of
• 19:07
  thumb,
• 19:07
  if
• 19:08
  you're
• 19:08
  spending
• 19:08
  over
• 19:09
  80,
• 19:09
  800,000
• 19:10
  bucks
• 19:10
  on
• 19:10
  a
• 19:10
  house
• 19:11
  where
• 19:11
  it's
• 19:11
  going
• 19:11
  to
• 19:11
  be
• 19:11
  of
• 19:12
  that
• 19:12
  value
• 19:12
  or
• 19:12
  bigger,
• 19:14
  you
• 19:14
  should
• 19:14
  really
• 19:15
  dial
• 19:16
  in
• 19:16
  and
• 19:16
  spend
• 19:16
  the
• 19:16
  time
• 19:17
  researching
• 19:18
  the
• 19:18
  finishes
• 19:18
  you
• 19:18
  have,
• 19:19
  because
• 19:20
  that
• 19:20
  can
• 19:20
  make
• 19:21
  or
• 19:21
  break
• 19:22
  100
• 19:22
  or
• 19:23
  $200,000.
• 19:24
  I'm
• 19:24
  seeing
• 19:25
  in
• 19:25
  my
• 19:25
  area
• 19:25
  where
• 19:26
  it's
• 19:26
  a
• 19:26
  shortage
• 19:27
  of
• 19:27
  homes
• 19:27
  in
• 19:27
  my
• 19:27
  area,
• 19:28
  I'm
• 19:29
  seeing
• 19:29
  homes
• 19:29
  that
• 19:29
  have
• 19:29
  been
• 19:30
  there
• 19:30
  on
• 19:30
  the
• 19:30
  market.
• 19:30
  Now,
• 19:31
  Johnny,
• 19:32
  there's
• 19:32
  stuff
• 19:32
  that
• 19:32
  people
• 19:33
  went
• 19:33
  on
• 19:33
  and
• 19:33
  did
• 19:33
  horrible
• 19:34
  flips.
• 19:35
  They've
• 19:35
  been
• 19:35
  on
• 19:35
  the
• 19:36
  market
• 19:36
  for
• 19:36
  a
• 19:36
  year
• 19:37
  and
• 19:37
  they're
• 19:37
  not
• 19:37
  doing
• 19:37
  anything.
• 19:38
  And
• 19:38
  they've
• 19:38
  lost
• 19:39
  probably
• 19:39
  100,000
• 19:40
  bucks
• 19:40
  in
• 19:41
  price
• 19:41
  off
• 19:41
  of
• 19:41
  it
• 19:42
  because
• 19:42
  they
• 19:42
  did
• 19:42
  it
• 19:43
  wrong.
• 19:43
  And
• 19:43
  it's
• 19:44
  still.
• 19:44
  The
• 19:44
  value
• 19:45
  is
• 19:45
  not
• 19:45
  there.
• 19:45
  And
• 19:46
  other
• 19:46
  homes
• 19:46
  are
• 19:46
  up
• 19:46
  there
• 19:47
  for
• 19:47
  maybe
• 19:47
  a
• 19:48
  week
• 19:48
  and
• 19:48
  they're
• 19:48
  done
• 19:49
  and
• 19:49
  they're
• 19:49
  gone
• 19:50
  and
• 19:50
  somebody
• 19:50
  grabbed
• 19:51
  them.
• 19:51
  There's
• 19:51
  probably
• 19:51
  a
• 19:52
  bidding
• 19:52
  war
• 19:53
  again.
• 19:53
  That's
• 19:53
  one
• 19:54
  of
• 19:54
  those
• 19:54
  things
• 19:54
  you
• 19:54
  learned.
• 19:55
  Because
• 19:55
  I
• 19:55
  bought
• 19:55
  a
• 19:55
  bunch
• 19:55
  of
• 19:56
  rental
• 19:56
  properties,
• 19:56
  I
• 19:57
  did
• 19:57
  a
• 19:57
  bunch
• 19:57
  of
• 19:57
  flips.
• 19:58
  And
• 19:58
  what
• 19:59
  you
• 19:59
  learn
• 20:00
  is
• 20:00
  that
• 20:00
  you
• 20:00
  go
• 20:01
  quality
• 20:01
  or
• 20:01
  you're
• 20:01
  gonna
• 20:02
  lose
• 20:02
  the
• 20:02
  money
• 20:02
  anyway.
• 20:03
  You
• 20:03
  think
• 20:03
  you're
• 20:04
  saving
• 20:04
  money,
• 20:05
  but
• 20:05
  like
• 20:05
  I
• 20:05
  said,
• 20:06
  you're
• 20:06
  feeding
• 20:06
  the
• 20:06
  mortgage
• 20:07
  an
• 20:07
  extra
• 20:07
  six
• 20:08
  months.
• 20:08
  Do
• 20:08
  the
• 20:08
  math
• 20:09
  on
• 20:09
  that,
• 20:09
  right?
• 20:09
  Financially,
• 20:11
  some
• 20:11
  of
• 20:11
  those
• 20:11
  things.
• 20:12
  Blew
• 20:12
  20
• 20:12
  grand
• 20:13
  right
• 20:13
  there.
• 20:13
  Trying
• 20:14
  to
• 20:14
  save
• 20:14
  four.
• 20:15
  Like,
• 20:15
  just
• 20:15
  don't
• 20:15
  do
• 20:16
  that.
• 20:16
  Financially,
• 20:17
  you're
• 20:18
  better
• 20:18
  off.
• 20:18
  Spend
• 20:19
  the
• 20:19
  money
• 20:19
  and
• 20:19
  get
• 20:19
  it
• 20:20
  done.
• 20:20
  Yeah.
• 20:21
  Or
• 20:21
  just
• 20:21
  don't
• 20:21
  do
• 20:21
  it.
• 20:21
  Just
• 20:22
  don't
• 20:22
  do
• 20:22
  it.
• 20:22
  Take.
• 20:22
  Say
• 20:23
  I'm
• 20:23
  going
• 20:23
  to
• 20:23
  take
• 20:23
  $20,000
• 20:24
  off
• 20:24
  because
• 20:24
  I
• 20:25
  know
• 20:25
  you
• 20:25
  need
• 20:26
  new
• 20:26
  carpets
• 20:27
  or
• 20:27
  you
• 20:27
  need
• 20:27
  new
• 20:28
  flooring
• 20:29
  or
• 20:29
  whatever.
• 20:29
  Just
• 20:29
  say,
• 20:30
  hey,
• 20:30
  buyer's
• 20:31
  credit,
• 20:31
  so
• 20:32
  you
• 20:32
  can
• 20:32
  pick
• 20:32
  out
• 20:32
  what
• 20:33
  you
• 20:33
  want.
• 20:34
  Otherwise,
• 20:34
  you're
• 20:34
  going
• 20:35
  to
• 20:35
  spend
• 20:35
  the
• 20:35
  $18,000
• 20:37
  you
• 20:37
  were
• 20:37
  going
• 20:37
  to
• 20:37
  do,
• 20:38
  and
• 20:38
  they're
• 20:38
  going
• 20:38
  to
• 20:38
  come
• 20:38
  in
• 20:38
  and
• 20:39
  go,
• 20:39
  oh,
• 20:39
  man,
• 20:39
  I'd
• 20:39
  like
• 20:39
  to
• 20:39
  buy
• 20:40
  this
• 20:40
  place,
• 20:40
  but
• 20:40
  I
• 20:40
  hate
• 20:40
  the
• 20:40
  freaking
• 20:41
  floors.
• 20:41
  But
• 20:41
  I
• 20:41
  hate
• 20:42
  that.
• 20:42
  Yep,
• 20:42
  yep.
• 20:43
  And
• 20:43
  so
• 20:44
  I
• 20:44
  was
• 20:44
  just
• 20:44
  giving
• 20:44
  my
• 20:45
  mom
• 20:45
  that
• 20:45
  spiel.
• 20:45
  I'm
• 20:46
  like,
• 20:46
  they're
• 20:46
  going
• 20:46
  to
• 20:46
  come
• 20:46
  in
• 20:46
  and
• 20:46
  change
• 20:47
  it
• 20:47
  anyway.
• 20:48
  Don't
• 20:48
  spend
• 20:48
  a
• 20:48
  dime,
• 20:49
  give
• 20:49
  allowances.
• 20:50
  They
• 20:51
  don't
• 20:51
  like
• 20:51
  that.
• 20:51
  You
• 20:51
  say,
• 20:52
  okay,
• 20:52
  knock
• 20:52
  5k
• 20:53
  off
• 20:53
  it
• 20:53
  or
• 20:53
  whatever,
• 20:54
  and
• 20:54
  then
• 20:54
  just
• 20:55
  move
• 20:55
  on.
• 20:55
  Half
• 20:56
  and
• 20:56
  move
• 20:57
  on.
• 20:57
  It's
• 20:57
  that
• 20:57
  simple.
• 20:58
  So
• 20:59
  it's
• 20:59
  really
• 20:59
  that
• 21:00
  simple.
• 21:00
  That's
• 21:00
  one
• 21:00
  of
• 21:00
  those
• 21:00
  things
• 21:01
  that
• 21:01
  I
• 21:01
  think
• 21:01
  that
• 21:01
  you
• 21:01
  can
• 21:02
  really
• 21:02
  learn
• 21:02
  and
• 21:02
  save
• 21:03
  the
• 21:03
  money
• 21:03
  on.
• 21:04
  But,
• 21:04
  yeah,
• 21:04
  talk
• 21:04
  to
• 21:05
  your
• 21:05
  realtor.
• 21:06
  Make
• 21:06
  sure
• 21:06
  that
• 21:06
  you're
• 21:06
  balancing
• 21:07
  things
• 21:07
  out
• 21:07
  and
• 21:07
  doing
• 21:08
  it
• 21:08
  right.
• 21:08
  That's
• 21:09
  going
• 21:09
  to
• 21:09
  be
• 21:09
  a
• 21:09
  big
• 21:10
  one.
• 21:11
  Now
• 21:11
  when
• 21:11
  we
• 21:11
  come
• 21:12
  back
• 21:12
  here,
• 21:12
  Johnny,
• 21:13
  this
• 21:13
  is
• 21:13
  going
• 21:13
  to
• 21:13
  be
• 21:13
  a
• 21:13
  little
• 21:13
  bit
• 21:14
  of
• 21:14
  fun.
• 21:14
  Talk
• 21:15
  about
• 21:15
  hoas.
• 21:16
  My
• 21:16
  favorite
• 21:16
  topic.
• 21:17
  Oh,
• 21:18
  yeah,
• 21:18
  we're
• 21:19
  gonna
• 21:19
  talk
• 21:19
  about
• 21:19
  this
• 21:19
  one
• 21:20
  and
• 21:20
  how
• 21:20
  that
• 21:20
  can
• 21:20
  really
• 21:21
  cost
• 21:21
  you.
• 21:22
  We'll
• 21:22
  do
• 21:22
  that
• 21:22
  just
• 21:22
  as
• 21:23
  soon
• 21:23
  as
• 21:23
  around
• 21:23
  the
• 21:23
  House
• 21:24
  returns.
• 21:24
  Don't
• 21:25
  change
• 21:25
  that
• 21:25
  dial.
• 23:19
  Welcome
• 23:19
  back
• 23:20
  to
• 23:20
  the
• 23:20
  around
• 23:20
  the
• 23:20
  House
• 23:20
  show.
• 23:21
  Your
• 23:21
  trusted
• 23:21
  source
• 23:22
  for
• 23:22
  everything
• 23:22
  about
• 23:22
  your
• 23:23
  home,
• 23:23
  John
• 23:24
  Dudley
• 23:24
  and
• 23:24
  I
• 23:24
  have
• 23:24
  been
• 23:24
  sitting
• 23:24
  here
• 23:25
  Talking
• 23:25
  about
• 23:26
  those
• 23:27
  10
• 23:27
  truths
• 23:27
  of
• 23:28
  home
• 23:28
  ownership.
• 23:28
  And
• 23:29
  if
• 23:29
  you've
• 23:29
  got
• 23:29
  one
• 23:30
  that
• 23:30
  we
• 23:30
  missed
• 23:30
  today,
• 23:31
  make
• 23:31
  sure
• 23:31
  and
• 23:32
  send
• 23:32
  us
• 23:32
  a
• 23:32
  message
• 23:32
  over
• 23:33
  to
• 23:33
  roundthe
• 23:33
  house
• 23:34
  online.com
• 23:35
  love
• 23:35
  to
• 23:35
  see
• 23:35
  what
• 23:36
  you
• 23:36
  came
• 23:36
  up
• 23:36
  with.
• 23:37
  Now
• 23:37
  we've
• 23:37
  been
• 23:37
  talking
• 23:38
  about
• 23:38
  the
• 23:38
  cheap
• 23:38
  products
• 23:39
  and
• 23:39
  expensive
• 23:39
  homes
• 23:40
  and
• 23:40
  deferred
• 23:40
  maintenance.
• 23:41
  This
• 23:41
  one
• 23:41
  here
• 23:42
  is
• 23:42
  a
• 23:42
  big
• 23:42
  pet
• 23:42
  peeve
• 23:42
  of
• 23:43
  mine.
• 23:43
  Rising
• 23:44
  HOA
• 23:44
  fees
• 23:45
  are
• 23:45
  the
• 23:45
  new
• 23:45
  hidden
• 23:46
  tax
• 23:47
  and
• 23:47
  builders
• 23:47
  may
• 23:48
  be
• 23:48
  setting
• 23:48
  you
• 23:48
  up
• 23:48
  for
• 23:49
  for
• 23:49
  some
• 23:49
  big
• 23:49
  bills
• 23:50
  out
• 23:50
  there,
• 23:50
  Johnny.
• 23:51
  So
• 23:51
  here's
• 23:51
  what
• 23:52
  I'm
• 23:52
  seeing
• 23:52
  in
• 23:52
  newer
• 23:53
  developments
• 23:53
  right
• 23:53
  now.
• 23:54
  HOA
• 23:55
  and
• 23:55
  condo
• 23:56
  fees
• 23:56
  are
• 23:56
  surging.
• 23:57
  So
• 23:58
  the
• 23:58
  median
• 23:58
  monthly
• 23:58
  HOA
• 23:59
  fee
• 23:59
  across
• 23:59
  the
• 24:00
  country
• 24:00
  was
• 24:00
  $135
• 24:02
  in
• 24:02
  2025,
• 24:03
  up
• 24:04
  from
• 24:04
  $108
• 24:05
  in
• 24:05
  2019,
• 24:06
  while
• 24:07
  condo
• 24:07
  fees
• 24:07
  jumped
• 24:08
  29%
• 24:09
  to
• 24:09
  a
• 24:10
  median
• 24:10
  $420
• 24:12
  a
• 24:12
  month.
• 24:13
  What?
• 24:15
  And
• 24:15
  single
• 24:16
  family
• 24:16
  HOA
• 24:17
  fees
• 24:17
  rose
• 24:17
  26%.
• 24:20
  So
• 24:20
  all
• 24:21
  of
• 24:21
  a
• 24:21
  sudden
• 24:21
  you're
• 24:22
  seeing
• 24:22
  these
• 24:22
  big
• 24:22
  jumps.
• 24:23
  Now
• 24:23
  there's
• 24:23
  a
• 24:23
  big
• 24:24
  trend
• 24:24
  that
• 24:24
  we've
• 24:24
  talked
• 24:24
  about
• 24:25
  on
• 24:25
  the
• 24:25
  show
• 24:25
  before,
• 24:25
  brother.
• 24:26
  Builders
• 24:27
  are
• 24:27
  now
• 24:27
  keeping
• 24:28
  long
• 24:28
  term
• 24:29
  control
• 24:30
  or
• 24:30
  super
• 24:31
  cozy
• 24:31
  relationships
• 24:32
  with
• 24:32
  the
• 24:32
  HOA
• 24:33
  board
• 24:33
  after
• 24:34
  they
• 24:34
  turn
• 24:34
  over.
• 24:35
  So
• 24:35
  this
• 24:35
  can
• 24:36
  now
• 24:36
  delay,
• 24:37
  hide
• 24:37
  construction
• 24:38
  defects
• 24:39
  in
• 24:40
  shared
• 24:40
  infrastructure
• 24:41
  like
• 24:41
  roofs,
• 24:42
  plumbing,
• 24:42
  foundations,
• 24:43
  roads,
• 24:44
  where
• 24:44
  when
• 24:45
  defects
• 24:46
  finally
• 24:46
  surface
• 24:47
  years
• 24:47
  later,
• 24:48
  the
• 24:48
  hoa,
• 24:49
  which
• 24:50
  means
• 24:50
  you
• 24:50
  homeowners
• 24:51
  foot
• 24:51
  the
• 24:52
  bill
• 24:52
  through
• 24:53
  massive
• 24:53
  special
• 24:54
  assessments
• 24:55
  instead
• 24:55
  of
• 24:56
  holding
• 24:56
  the
• 24:56
  builder
• 24:57
  accountable.
• 24:58
  It's
• 24:58
  incredible
• 24:59
  to
• 24:59
  me
• 24:59
  with
• 25:00
  all
• 25:00
  the
• 25:00
  silly
• 25:01
  laws
• 25:01
  that
• 25:02
  we're
• 25:02
  able
• 25:02
  to
• 25:02
  pass,
• 25:03
  especially
• 25:04
  in
• 25:05
  your
• 25:05
  area.
• 25:06
  Love
• 25:06
  you,
• 25:06
  Portland.
• 25:08
  That
• 25:08
  something
• 25:09
  like
• 25:09
  this
• 25:09
  is
• 25:09
  legal,
• 25:10
  right?
• 25:10
  That's
• 25:11
  like
• 25:11
  saying
• 25:11
  you
• 25:12
  have
• 25:12
  to
• 25:12
  use
• 25:12
  my
• 25:12
  cousin's
• 25:13
  concrete
• 25:13
  company.
• 25:14
  Really?
• 25:14
  Yeah,
• 25:15
  yeah.
• 25:15
  It's
• 25:15
  going
• 25:16
  full
• 25:16
  teamster
• 25:16
  here.
• 25:17
  What's
• 25:17
  going
• 25:17
  on,
• 25:17
  man?
• 25:18
  Dude,
• 25:19
  it
• 25:19
  is.
• 25:19
  And
• 25:20
  now
• 25:20
  here's
• 25:20
  the
• 25:20
  other
• 25:20
  crazy
• 25:21
  point.
• 25:21
  Like
• 25:21
  in
• 25:21
  our
• 25:21
  area
• 25:22
  here,
• 25:22
  I
• 25:23
  hate
• 25:23
  to
• 25:23
  say
• 25:23
  it,
• 25:23
  in
• 25:23
  Oregon,
• 25:24
  I
• 25:24
  would
• 25:24
  not
• 25:24
  be
• 25:25
  a
• 25:25
  landlord
• 25:25
  here.
• 25:25
  So
• 25:26
  the
• 25:26
  renting
• 25:27
  properties
• 25:27
  here
• 25:28
  is
• 25:28
  insane.
• 25:29
  I
• 25:29
  would
• 25:29
  never
• 25:29
  do
• 25:29
  it.
• 25:30
  Because
• 25:30
  you're
• 25:30
  just
• 25:30
  going
• 25:30
  to,
• 25:31
  you're
• 25:31
  going
• 25:31
  to
• 25:31
  get,
• 25:31
  you're
• 25:31
  going
• 25:32
  to
• 25:32
  get
• 25:32
  taken.
• 25:33
  I
• 25:33
  would
• 25:33
  do
• 25:34
  it
• 25:34
  again
• 25:34
  anywhere,
• 25:35
  ever.
• 25:36
  Yeah,
• 25:36
  here
• 25:37
  it's
• 25:37
  even
• 25:37
  worse.
• 25:37
  You
• 25:38
  have
• 25:38
  no
• 25:38
  rights
• 25:38
  and
• 25:38
  they
• 25:39
  have
• 25:39
  all
• 25:39
  the
• 25:39
  rights.
• 25:39
  Absolutely.
• 25:41
  And
• 25:41
  absolutely.
• 25:42
  So
• 25:42
  for
• 25:42
  that.
• 25:42
  And
• 25:43
  they're
• 25:43
  just
• 25:43
  making
• 25:43
  it
• 25:44
  harder.
• 25:44
  And
• 25:44
  here's
• 25:44
  the
• 25:45
  thing,
• 25:45
  this
• 25:45
  is
• 25:45
  why
• 25:46
  Oregon
• 25:46
  is
• 25:47
  going
• 25:47
  into
• 25:47
  such
• 25:47
  a
• 25:47
  depression
• 25:48
  right
• 25:48
  now
• 25:49
  is
• 25:49
  that,
• 25:50
  listen
• 25:50
  to
• 25:50
  this.
• 25:51
  Five
• 25:52
  years
• 25:52
  ago,
• 25:52
  I
• 25:52
  think
• 25:52
  they
• 25:53
  had
• 25:54
  7
• 25:54
  or
• 25:54
  8,000
• 25:56
  new
• 25:57
  building
• 25:57
  permits
• 25:57
  for
• 25:58
  new
• 25:58
  construction.
• 25:59
  As
• 26:00
  of
• 26:00
  two
• 26:00
  years
• 26:00
  ago,
• 26:00
  they
• 26:01
  went
• 26:01
  down
• 26:01
  to
• 26:02
  1600
• 26:03
  a
• 26:03
  year
• 26:04
  in
• 26:05
  Portland.
• 26:05
  Now
• 26:05
  that's
• 26:06
  including
• 26:07
  condos,
• 26:08
  apartments
• 26:09
  and
• 26:10
  everything
• 26:10
  else.
• 26:11
  And
• 26:11
  so
• 26:11
  instead
• 26:12
  of
• 26:12
  the
• 26:12
  city
• 26:12
  of
• 26:12
  Portland
• 26:13
  goes.
• 26:13
  Instead
• 26:13
  of
• 26:14
  them
• 26:14
  going,
• 26:14
  wow,
• 26:14
  people
• 26:14
  don't
• 26:15
  want
• 26:15
  to
• 26:15
  build
• 26:15
  here.
• 26:16
  They
• 26:17
  went,
• 26:17
  oh,
• 26:17
  we're
• 26:17
  going
• 26:17
  to
• 26:18
  make
• 26:18
  the
• 26:18
  building
• 26:18
  department
• 26:19
  more
• 26:19
  efficient
• 26:20
  so
• 26:20
  we
• 26:20
  can
• 26:20
  get
• 26:20
  permits
• 26:21
  quicker.
• 26:21
  Hey,
• 26:21
  Guys,
• 26:22
  I
• 26:22
  will
• 26:22
  always
• 26:22
  appreciate
• 26:23
  the
• 26:24
  city
• 26:24
  of
• 26:24
  Portland
• 26:24
  making
• 26:25
  their
• 26:25
  permit
• 26:26
  process
• 26:26
  easier.
• 26:27
  Let's
• 26:27
  make
• 26:28
  it
• 26:28
  where
• 26:28
  people
• 26:28
  might
• 26:28
  want
• 26:28
  to
• 26:29
  build
• 26:29
  a
• 26:29
  home
• 26:29
  here
• 26:30
  first
• 26:30
  before
• 26:30
  we
• 26:31
  get
• 26:31
  the
• 26:31
  cart
• 26:31
  ahead
• 26:31
  of
• 26:32
  the
• 26:32
  horse
• 26:32
  to
• 26:32
  make
• 26:32
  the,
• 26:33
  well,
• 26:33
  permit
• 26:34
  process
• 26:34
  easier.
• 26:35
  It's
• 26:35
  just
• 26:36
  mind
• 26:36
  blowing
• 26:36
  watching
• 26:37
  that.
• 26:37
  Think
• 26:38
  you
• 26:38
  might
• 26:38
  have
• 26:38
  saved
• 26:39
  yourself
• 26:39
  on
• 26:39
  that
• 26:39
  one.
• 26:41
  Easel
• 26:41
  your
• 26:41
  way
• 26:41
  out
• 26:42
  of
• 26:42
  making
• 26:42
  a
• 26:43
  bunch
• 26:43
  of
• 26:43
  friends
• 26:43
  down
• 26:43
  there
• 26:44
  at
• 26:44
  the
• 26:44
  city.
• 26:46
  The
• 26:46
  city
• 26:47
  doesn't
• 26:47
  like
• 26:47
  me
• 26:47
  anyway,
• 26:48
  so
• 26:48
  let's
• 26:48
  put
• 26:48
  it
• 26:48
  that
• 26:49
  way.
• 26:49
  Yeah,
• 26:49
  right.
• 26:49
  You're
• 26:50
  on
• 26:50
  the
• 26:50
  list.
• 26:51
  I'm
• 26:51
  on
• 26:51
  the
• 26:51
  list.
• 26:52
  I
• 26:52
  think
• 26:52
  I
• 26:52
  told
• 26:52
  you
• 26:52
  their
• 26:53
  city
• 26:53
  building
• 26:53
  inspector
• 26:54
  came
• 26:54
  up
• 26:54
  to
• 26:54
  me.
• 26:54
  I
• 26:54
  had,
• 26:55
  they,
• 26:55
  I,
• 26:55
  the
• 26:55
  TV
• 26:56
  station
• 26:56
  had
• 26:56
  the
• 26:57
  around
• 26:57
  the
• 26:58
  house
• 26:58
  Northwest
• 27:00
  blazers
• 27:00
  night
• 27:01
  where
• 27:01
  we
• 27:01
  had
• 27:01
  the
• 27:01
  suite
• 27:01
  upstairs.
• 27:03
  This
• 27:03
  guy
• 27:03
  comes
• 27:04
  up
• 27:04
  to
• 27:04
  me
• 27:04
  and
• 27:04
  goes,
• 27:05
  hey,
• 27:05
  Eric,
• 27:06
  love
• 27:06
  the
• 27:06
  show.
• 27:07
  Where
• 27:07
  do
• 27:07
  you
• 27:08
  do
• 27:08
  your
• 27:08
  work
• 27:08
  on
• 27:08
  all
• 27:08
  your
• 27:09
  projects,
• 27:10
  huh?
• 27:11
  I'm
• 27:11
  like,
• 27:11
  huh?
• 27:12
  That's
• 27:13
  an
• 27:13
  interesting
• 27:13
  first
• 27:13
  question.
• 27:14
  Yeah,
• 27:15
  mostly.
• 27:15
  Oh,
• 27:16
  they're
• 27:16
  usually
• 27:16
  around
• 27:16
  my
• 27:17
  house.
• 27:18
  Oh,
• 27:19
  hi.
• 27:19
  Head
• 27:20
  building
• 27:20
  inspector,
• 27:20
  city
• 27:21
  of
• 27:21
  Portland.
• 27:21
  He
• 27:22
  was
• 27:22
  gunning
• 27:22
  for
• 27:23
  me.
• 27:23
  Nice,
• 27:24
  dude.
• 27:25
  He
• 27:25
  was
• 27:26
  gunning
• 27:26
  for
• 27:26
  me.
• 27:26
  I'm
• 27:27
  like,
• 27:27
  nice
• 27:27
  try,
• 27:28
  dude.
• 27:28
  You
• 27:28
  were
• 27:28
  trying
• 27:29
  to
• 27:29
  go
• 27:29
  for
• 27:29
  it,
• 27:30
  trying
• 27:30
  to
• 27:30
  go
• 27:30
  for
• 27:31
  it.
• 27:31
  And
• 27:31
  it
• 27:32
  was
• 27:32
  just
• 27:32
  like,
• 27:32
  oh,
• 27:33
  stay
• 27:33
  out
• 27:33
  of
• 27:33
  my.
• 27:34
  Get
• 27:34
  off
• 27:34
  my
• 27:34
  lawn.
• 27:35
  You
• 27:35
  know,
• 27:36
  man,
• 27:36
  I
• 27:36
  just
• 27:37
  don't,
• 27:37
  I
• 27:38
  don't
• 27:38
  miss
• 27:38
  any
• 27:38
  of
• 27:38
  these
• 27:39
  headaches.
• 27:39
  It
• 27:39
  just
• 27:40
  seems
• 27:40
  to
• 27:40
  get
• 27:40
  worse
• 27:41
  by
• 27:41
  the
• 27:42
  hour.
• 27:43
  Yeah.
• 27:43
  So
• 27:43
  anyway,
• 27:45
  every
• 27:45
  time
• 27:46
  you
• 27:46
  tell
• 27:46
  me
• 27:46
  one.
• 27:47
  Oh,
• 27:47
  I
• 27:47
  know
• 27:47
  it.
• 27:48
  What's
• 27:48
  happening
• 27:48
  though,
• 27:48
  with
• 27:49
  the
• 27:49
  condo
• 27:49
  and
• 27:49
  townhome
• 27:50
  projects
• 27:50
  especially
• 27:51
  is
• 27:51
  you're
• 27:51
  seeing
• 27:52
  stuff
• 27:52
  where
• 27:52
  they're
• 27:52
  coming
• 27:53
  through.
• 27:54
  Like
• 27:54
  they
• 27:54
  did
• 27:54
  like
• 27:55
  on
• 27:55
  the
• 27:55
  town
• 27:55
  homes
• 27:56
  that
• 27:57
  my
• 27:57
  girlfriend's
• 27:57
  got
• 27:57
  here.
• 27:58
  Her
• 27:58
  town
• 27:58
  home.
• 27:59
  It's
• 27:59
  weird
• 28:00
  because
• 28:01
  they
• 28:01
  have
• 28:01
  these
• 28:02
  gray
• 28:02
  rules,
• 28:02
  and
• 28:02
  that's
• 28:03
  the
• 28:03
  part
• 28:03
  that
• 28:03
  gets
• 28:03
  you.
• 28:04
  Well,
• 28:05
  they're
• 28:05
  going
• 28:05
  to
• 28:05
  mow
• 28:06
  the
• 28:06
  lawn
• 28:06
  out
• 28:07
  front.
• 28:07
  Postage
• 28:07
  stamp.
• 28:08
  They're
• 28:08
  going
• 28:08
  to
• 28:08
  do
• 28:09
  the
• 28:09
  lawn
• 28:10
  maintenance,
• 28:10
  the
• 28:10
  outside
• 28:10
  building
• 28:11
  maintenance,
• 28:11
  everything
• 28:12
  else.
• 28:12
  But
• 28:12
  then
• 28:12
  they
• 28:13
  come
• 28:13
  back
• 28:13
  and
• 28:13
  say,
• 28:13
  yeah,
• 28:13
  we're
• 28:14
  going
• 28:14
  to
• 28:14
  fertilize
• 28:14
  it.
• 28:14
  But
• 28:14
  if
• 28:15
  that
• 28:15
  doesn't
• 28:15
  help
• 28:15
  it,
• 28:16
  then
• 28:16
  you
• 28:16
  have
• 28:17
  to
• 28:17
  take
• 28:17
  care
• 28:17
  of
• 28:17
  the
• 28:17
  lawn
• 28:17
  from
• 28:18
  there.
• 28:18
  So
• 28:19
  there's
• 28:19
  all
• 28:19
  these
• 28:19
  little
• 28:19
  kind
• 28:20
  of
• 28:20
  gray
• 28:20
  areas
• 28:20
  where
• 28:21
  it's
• 28:21
  going
• 28:21
  to
• 28:21
  do
• 28:21
  the
• 28:22
  basics,
• 28:22
  but
• 28:22
  if
• 28:22
  it
• 28:22
  doesn't
• 28:23
  grow,
• 28:23
  that's
• 28:23
  on
• 28:23
  you.
• 28:24
  Okay,
• 28:24
  cool.
• 28:25
  Does
• 28:25
  that
• 28:25
  mean
• 28:25
  I
• 28:25
  get
• 28:26
  half
• 28:26
  my
• 28:26
  homeowners
• 28:27
  fees
• 28:28
  back?
• 28:28
  Yeah.
• 28:29
  And
• 28:29
  again,
• 28:29
  it's
• 28:29
  50
• 28:30
  bucks.
• 28:30
  By
• 28:30
  the
• 28:30
  way,
• 28:30
  I
• 28:30
  charge
• 28:31
  $250
• 28:32
  an
• 28:32
  hour
• 28:32
  to
• 28:32
  work
• 28:32
  on
• 28:33
  grass,
• 28:34
  right?
• 28:34
  Oh,
• 28:35
  yeah.
• 28:35
  And
• 28:35
  then
• 28:36
  on
• 28:36
  top
• 28:36
  of
• 28:36
  that,
• 28:36
  they
• 28:37
  have
• 28:37
  their
• 28:37
  HOA
• 28:38
  meetings,
• 28:38
  like
• 28:39
  in
• 28:39
  the
• 28:39
  middle
• 28:39
  of
• 28:39
  the
• 28:40
  day
• 28:40
  where
• 28:40
  no
• 28:40
  one
• 28:40
  can
• 28:41
  be
• 28:41
  there.
• 28:41
  Oh,
• 28:41
  it's
• 28:41
  going
• 28:42
  to
• 28:42
  be
• 28:42
  one
• 28:42
  o'
• 28:42
  clock
• 28:43
  a
• 28:43
  mile
• 28:43
  away
• 28:44
  over
• 28:44
  here
• 28:44
  and
• 28:45
  you
• 28:45
  can
• 28:45
  zoom
• 28:45
  in.
• 28:46
  Guess
• 28:46
  what?
• 28:46
  Then
• 28:46
  they
• 28:47
  put
• 28:47
  a
• 28:47
  post
• 28:47
  it
• 28:48
  backwards,
• 28:48
  it
• 28:48
  says
• 28:49
  meeting
• 28:49
  address
• 28:50
  changed.
• 28:51
  You
• 28:51
  know
• 28:52
  how
• 28:52
  that
• 28:52
  goes.
• 28:53
  So
• 28:53
  clever.
• 28:54
  Clever.
• 28:55
  Drives
• 28:55
  me
• 28:55
  insane.
• 28:56
  Drives
• 28:56
  me
• 28:57
  insane.
• 28:57
  The
• 28:57
  next
• 28:58
  one
• 28:58
  here
• 28:59
  and
• 28:59
  you
• 28:59
  know
• 28:59
  this
• 28:59
  one
• 29:00
  better
• 29:00
  than
• 29:00
  most.
• 29:01
  When
• 29:01
  you're
• 29:01
  looking
• 29:02
  at
• 29:02
  the
• 29:02
  house,
• 29:03
  location
• 29:04
  is
• 29:04
  everything.
• 29:05
  Until
• 29:05
  the
• 29:06
  neighborhood
• 29:06
  changes.
• 29:07
  You
• 29:07
  bought
• 29:07
  the
• 29:08
  house,
• 29:08
  you're
• 29:09
  stuck
• 29:09
  with
• 29:09
  the
• 29:09
  neighbors
• 29:09
  in
• 29:10
  the
• 29:10
  city.
• 29:11
  New
• 29:11
  apartments,
• 29:11
  school
• 29:12
  changes,
• 29:12
  commercial
• 29:13
  development
• 29:14
  can
• 29:14
  absolutely
• 29:15
  tank
• 29:15
  that
• 29:15
  value
• 29:16
  seemingly
• 29:17
  overnight.
• 29:18
  Yeah.
• 29:18
  It
• 29:18
  pays
• 29:19
  to
• 29:19
  be
• 29:19
  market
• 29:20
  aware.
• 29:20
  And
• 29:20
  you're
• 29:21
  right,
• 29:21
  I
• 29:21
  do
• 29:21
  have
• 29:21
  a
• 29:21
  lot
• 29:21
  of
• 29:22
  experience
• 29:22
  and
• 29:22
  I
• 29:23
  was
• 29:23
  the
• 29:23
  guy
• 29:24
  that
• 29:24
  people
• 29:24
  looked
• 29:25
  at.
• 29:25
  What
• 29:25
  are
• 29:26
  you
• 29:26
  doing
• 29:26
  buying
• 29:27
  there?
• 29:27
  Dude,
• 29:27
  you're
• 29:28
  putting
• 29:28
  homes
• 29:28
  in
• 29:28
  Tacoma,
• 29:29
  Washington.
• 29:30
  Guys,
• 29:30
  if
• 29:30
  I'm
• 29:30
  going
• 29:30
  to.
• 29:31
  This
• 29:31
  is
• 29:31
  an
• 29:31
  infamous
• 29:32
  area.
• 29:33
  This
• 29:34
  is
• 29:34
  like
• 29:34
  places
• 29:35
  in
• 29:35
  Oakland,
• 29:36
  California
• 29:37
  where
• 29:37
  it
• 29:38
  used
• 29:38
  to
• 29:38
  be.
• 29:39
  It
• 29:39
  was
• 29:39
  in
• 29:40
  places
• 29:41
  that
• 29:41
  were
• 29:41
  the
• 29:41
  not
• 29:42
  so
• 29:42
  good
• 29:42
  side
• 29:43
  of
• 29:43
  town.
• 29:43
  It
• 29:43
  was
• 29:43
  the
• 29:44
  gang
• 29:44
  infested,
• 29:45
  drug
• 29:46
  infested,
• 29:47
  gun
• 29:47
  shoot,
• 29:48
  rough
• 29:49
  neighborhood.
• 29:50
  Yeah.
• 29:50
  And
• 29:51
  it
• 29:51
  was
• 29:51
  like
• 29:51
  mid
• 29:51
  to
• 29:52
  late
• 29:52
  90s.
• 29:52
  And
• 29:53
  ATF
• 29:55
  cleared
• 29:55
  the
• 29:55
  gangs
• 29:56
  out
• 29:56
  of
• 29:56
  LA
• 29:56
  as
• 29:56
  much
• 29:57
  as
• 29:57
  they
• 29:57
  could.
• 29:57
  And
• 29:58
  they
• 29:58
  all
• 29:58
  came
• 29:58
  to,
• 29:59
  they
• 30:00
  all
• 30:00
  went
• 30:00
  north
• 30:00
  in
• 30:00
  Tacoma.
• 30:01
  Yeah.
• 30:02
  And
• 30:02
  then
• 30:03
  there
• 30:03
  was
• 30:03
  fools
• 30:03
  like
• 30:03
  me
• 30:04
  that
• 30:04
  were
• 30:04
  like,
• 30:04
  oh,
• 30:04
  we
• 30:05
  should
• 30:05
  buy
• 30:05
  a
• 30:05
  bunch
• 30:05
  of
• 30:05
  these
• 30:05
  bills.
• 30:06
  We
• 30:06
  could
• 30:06
  buy
• 30:06
  a
• 30:06
  whole
• 30:07
  block
• 30:07
  down
• 30:07
  here,
• 30:08
  but
• 30:08
  legit
• 30:09
  and
• 30:09
  that.
• 30:10
  And
• 30:10
  again
• 30:11
  like
• 30:12
  being
• 30:12
  market
• 30:12
  aware
• 30:13
  and
• 30:13
  watching
• 30:14
  that
• 30:14
  corner
• 30:14
  turn
• 30:15
  and
• 30:15
  watching
• 30:15
  those
• 30:15
  guys
• 30:16
  filter
• 30:16
  out
• 30:16
  of
• 30:16
  there
• 30:17
  and
• 30:17
  city
• 30:17
  of
• 30:18
  Tacoma
• 30:18
  and
• 30:18
  ATF
• 30:19
  and
• 30:19
  everybody
• 30:19
  coming
• 30:20
  in
• 30:20
  and
• 30:20
  cleaning,
• 30:20
  cleaning
• 30:20
  those
• 30:21
  guys
• 30:21
  out
• 30:21
  of
• 30:21
  there,
• 30:22
  a
• 30:22
  bunch
• 30:23
  of
• 30:23
  really
• 30:23
  damaged,
• 30:24
  really
• 30:24
  beat
• 30:24
  up,
• 30:25
  really
• 30:25
  just
• 30:26
  gross
• 30:27
  buildings.
• 30:28
  Yeah.
• 30:28
  But
• 30:28
  beautiful
• 30:29
  old
• 30:29
  bones.
• 30:29
  You're
• 30:30
  talking
• 30:30
  turn
• 30:30
  of
• 30:30
  the
• 30:30
  century
• 30:31
  beautiful
• 30:31
  places.
• 30:32
  Yeah.
• 30:33
  And
• 30:34
  slowly
• 30:34
  but
• 30:34
  surely
• 30:35
  they
• 30:35
  start
• 30:35
  restoring
• 30:35
  them.
• 30:36
  They
• 30:36
  start
• 30:36
  saving
• 30:36
  blocks
• 30:37
  at
• 30:37
  a
• 30:37
  time.
• 30:37
  And
• 30:38
  then
• 30:38
  you
• 30:38
  see
• 30:38
  money
• 30:38
  moving
• 30:39
  in
• 30:39
  and
• 30:39
  you're
• 30:39
  like,
• 30:40
  so
• 30:40
  yeah,
• 30:41
  it's
• 30:41
  location,
• 30:42
  but
• 30:42
  being
• 30:43
  on
• 30:43
  the
• 30:43
  cusp
• 30:43
  of
• 30:44
  that
• 30:44
  corner
• 30:45
  turning
• 30:45
  is
• 30:46
  smart.
• 30:47
  You
• 30:47
  can
• 30:47
  also
• 30:47
  eat
• 30:48
  your
• 30:48
  hat.
• 30:48
  Don't
• 30:49
  get
• 30:49
  me
• 30:49
  wrong.
• 30:49
  All
• 30:50
  of
• 30:50
  a
• 30:50
  sudden
• 30:50
  you
• 30:50
  went
• 30:50
  into
• 30:50
  that
• 30:50
  up
• 30:51
  and
• 30:51
  coming
• 30:51
  neighborhood
• 30:51
  and
• 30:52
  you're
• 30:52
  like,
• 30:52
  I
• 30:52
  got
• 30:52
  this.
• 30:53
  Oh,
• 30:53
  there's
• 30:53
  that
• 30:53
  vacant
• 30:54
  lot
• 30:54
  they're
• 30:54
  gonna
• 30:54
  put
• 30:54
  houses
• 30:55
  in
• 30:55
  next
• 30:55
  door.
• 30:55
  And
• 30:56
  all
• 30:56
  of
• 30:56
  a
• 30:56
  sudden
• 30:57
  it's
• 30:57
  the
• 30:58
  city
• 30:58
  buys
• 30:58
  it
• 30:58
  and
• 30:58
  puts
• 30:59
  in
• 30:59
  their
• 30:59
  sex
• 30:59
  offender
• 31:00
  housing,
• 31:00
  temporary
• 31:01
  housing
• 31:01
  there.
• 31:01
  And
• 31:01
  you're
• 31:01
  like,
• 31:02
  I'm
• 31:02
  in
• 31:02
  trouble.
• 31:03
  I'm
• 31:04
  in
• 31:04
  trouble.
• 31:04
  I
• 31:04
  mean
• 31:05
  it.
• 31:06
  Be
• 31:06
  smart,
• 31:07
  be
• 31:07
  investigative.
• 31:08
  Look
• 31:08
  at
• 31:09
  permit
• 31:09
  polls,
• 31:10
  look
• 31:10
  at
• 31:10
  planning,
• 31:11
  city
• 31:11
  planning.
• 31:12
  Do
• 31:12
  your
• 31:12
  research
• 31:13
  or
• 31:13
  you
• 31:13
  will
• 31:13
  get
• 31:14
  burned.
• 31:15
  Yeah,
• 31:15
  yeah,
• 31:16
  I'm
• 31:16
  watching
• 31:16
  that.
• 31:16
  Blocks
• 31:17
  away
• 31:17
  from
• 31:17
  here,
• 31:17
  where
• 31:18
  they're
• 31:18
  going
• 31:18
  to
• 31:18
  take
• 31:19
  the
• 31:19
  county
• 31:19
  is.
• 31:20
  And
• 31:20
  the
• 31:20
  county
• 31:20
  is
• 31:20
  going
• 31:21
  to
• 31:21
  take
• 31:21
  this
• 31:21
  little
• 31:22
  two
• 31:22
  lane
• 31:23
  road
• 31:23
  that
• 31:23
  goes
• 31:24
  right
• 31:24
  between
• 31:24
  houses
• 31:25
  and
• 31:26
  they're
• 31:26
  proposing
• 31:27
  to
• 31:27
  make
• 31:27
  that
• 31:28
  four
• 31:28
  lanes
• 31:29
  all
• 31:29
  the
• 31:29
  way
• 31:29
  through,
• 31:30
  even
• 31:30
  though
• 31:31
  it's
• 31:31
  a
• 31:31
  block
• 31:31
  away
• 31:32
  from
• 31:32
  a
• 31:32
  major
• 31:32
  thoroughfare
• 31:33
  that
• 31:33
  they
• 31:33
  could
• 31:33
  expand.
• 31:34
  And
• 31:35
  I'm
• 31:35
  like,
• 31:35
  why
• 31:35
  are
• 31:36
  you
• 31:36
  going
• 31:36
  to
• 31:36
  blow
• 31:36
  up
• 31:36
  all
• 31:36
  these
• 31:37
  houses
• 31:37
  when
• 31:38
  you
• 31:38
  could
• 31:38
  add
• 31:38
  a.
• 31:39
  Another
• 31:39
  lane
• 31:40
  a
• 31:41
  quarter
• 31:41
  mile
• 31:41
  away?
• 31:42
  Not
• 31:42
  even
• 31:42
  that.
• 31:43
  It's
• 31:43
  like
• 31:43
  a,
• 31:43
  just,
• 31:44
  it's
• 31:45
  a
• 31:45
  block,
• 31:46
  it's
• 31:46
  meant
• 31:46
  for
• 31:47
  it.
• 31:47
  And
• 31:47
  so
• 31:47
  it's
• 31:47
  that
• 31:48
  stuff.
• 31:48
  And
• 31:48
  then
• 31:49
  all
• 31:49
  of
• 31:49
  a
• 31:49
  sudden
• 31:49
  all
• 31:49
  those
• 31:50
  homeowners
• 31:50
  down
• 31:50
  through
• 31:50
  there
• 31:51
  have
• 31:51
  got,
• 31:51
  you
• 31:51
  know,
• 31:52
  they're
• 31:52
  losing
• 31:52
  their
• 31:52
  butt
• 31:52
  on
• 31:53
  everything.
• 31:53
  So
• 31:53
  I
• 31:53
  feel
• 31:54
  bad
• 31:54
  for
• 31:54
  people
• 31:55
  like
• 31:55
  that
• 31:55
  because
• 31:56
  nuts.
• 31:56
  All
• 31:57
  that
• 31:57
  research,
• 31:58
  what's
• 31:58
  going
• 31:58
  on,
• 31:58
  the
• 31:58
  road
• 31:59
  in
• 31:59
  front
• 31:59
  of
• 31:59
  your
• 31:59
  house
• 31:59
  can
• 31:59
  dictate
• 32:00
  how
• 32:01
  that
• 32:01
  house
• 32:01
  gets
• 32:01
  treated
• 32:02
  for
• 32:02
  the
• 32:02
  next
• 32:03
  20
• 32:03
  years.
• 32:04
  Yeah.
• 32:04
  And
• 32:05
  to
• 32:05
  be
• 32:05
  fair,
• 32:06
  we
• 32:06
  can't
• 32:06
  predict
• 32:06
  everything
• 32:07
  and
• 32:08
  things
• 32:08
  are
• 32:09
  going
• 32:09
  to
• 32:09
  change.
• 32:10
  So
• 32:11
  yeah,
• 32:11
  be
• 32:11
  aware,
• 32:12
  be
• 32:12
  careful,
• 32:13
  be
• 32:13
  smart,
• 32:14
  and
• 32:14
  don't
• 32:15
  just
• 32:15
  think
• 32:15
  about
• 32:15
  the
• 32:15
  beautiful
• 32:16
  house
• 32:16
  you're
• 32:16
  looking
• 32:16
  at.
• 32:17
  Consider
• 32:18
  Hilltop's
• 32:19
  a
• 32:19
  great
• 32:19
  example.
• 32:20
  There
• 32:20
  was
• 32:20
  huge
• 32:21
  vacant
• 32:21
  lots
• 32:22
  full
• 32:22
  of
• 32:22
  homeless
• 32:22
  folks
• 32:23
  and
• 32:23
  trash
• 32:23
  and
• 32:24
  dear
• 32:24
  little
• 32:25
  three
• 32:25
  legged
• 32:25
  cats.
• 32:27
  But
• 32:27
  what
• 32:28
  people
• 32:28
  didn't
• 32:28
  know,
• 32:29
  and
• 32:29
  I
• 32:29
  did
• 32:29
  know,
• 32:30
  is
• 32:31
  that
• 32:31
  UW
• 32:32
  had
• 32:32
  plans
• 32:33
  to
• 32:33
  put
• 32:33
  a
• 32:33
  campus
• 32:33
  there.
• 32:35
  And
• 32:35
  they
• 32:35
  did.
• 32:35
  Just
• 32:36
  above
• 32:36
  Union
• 32:37
  Station
• 32:37
  and
• 32:37
  created
• 32:38
  this
• 32:38
  beautiful
• 32:38
  campus
• 32:39
  area.
• 32:39
  Yeah,
• 32:40
  right
• 32:40
  next
• 32:40
  to
• 32:40
  old
• 32:41
  Woodwork
• 32:41
  in
• 32:41
  the
• 32:41
  old
• 32:41
  brewery
• 32:42
  district.
• 32:43
  Yeah,
• 32:43
  exactly.
• 32:43
  Yep.
• 32:44
  And
• 32:44
  then
• 32:44
  look
• 32:45
  what
• 32:45
  happened
• 32:45
  there.
• 32:45
  Right
• 32:46
  then
• 32:46
  you
• 32:46
  got
• 32:47
  Indochine
• 32:48
  and
• 32:49
  all
• 32:49
  these
• 32:49
  restaurants
• 32:50
  came
• 32:50
  in
• 32:50
  and.
• 32:50
  Yeah,
• 32:51
  all
• 32:51
  those.
• 32:52
  It
• 32:52
  can
• 32:52
  be
• 32:52
  to
• 32:52
  your
• 32:52
  benefit.
• 32:53
  Then
• 32:53
  you
• 32:53
  get
• 32:53
  a
• 32:53
  four
• 32:53
  lane
• 32:54
  highway.
• 32:55
  With
• 32:55
  a
• 32:56
  runs
• 32:56
  right
• 32:56
  through
• 32:56
  it.
• 32:57
  You
• 32:57
  can't,
• 32:57
  you
• 32:57
  know,
• 32:58
  you
• 32:58
  can't.
• 32:58
  You
• 32:58
  don't
• 32:59
  know
• 32:59
  that.
• 32:59
  All
• 32:59
  right,
• 32:59
  well,
• 33:00
  we
• 33:00
  come
• 33:00
  back,
• 33:00
  guys.
• 33:00
  Johnny,
• 33:01
  let's
• 33:01
  run
• 33:01
  out
• 33:01
  to
• 33:01
  break
• 33:02
  real
• 33:02
  quick,
• 33:02
  pay
• 33:02
  the
• 33:02
  bills.
• 33:03
  We
• 33:03
  come
• 33:03
  back,
• 33:03
  we're
• 33:04
  going
• 33:04
  to
• 33:04
  wrap
• 33:04
  this
• 33:04
  up
• 33:05
  and
• 33:05
  we
• 33:05
  got
• 33:05
  some
• 33:05
  good
• 33:05
  ones.
• 33:06
  We're
• 33:06
  saving
• 33:06
  those
• 33:07
  for
• 33:07
  last.
• 33:08
  Stay
• 33:08
  tuned.
• 33:08
  Around
• 33:08
  the
• 33:09
  House.
• 33:09
  We'll
• 33:09
  be
• 33:09
  right
• 33:09
  back.
• 34:52
  Welcome
• 34:53
  back
• 34:53
  to
• 34:53
  the
• 34:53
  around
• 34:53
  the
• 34:54
  House
• 34:54
  show,
• 34:54
  your
• 34:54
  trusted
• 34:55
  source
• 34:55
  for
• 34:55
  everything
• 34:55
  about
• 34:56
  your
• 34:56
  home.
• 34:56
  If
• 34:56
  you
• 34:56
  want
• 34:56
  to
• 34:57
  find
• 34:57
  out
• 34:57
  more
• 34:57
  about
• 34:57
  us,
• 34:58
  head
• 34:58
  over
• 34:58
  to
• 34:58
  the
• 34:59
  website
• 34:59
  around
• 34:59
  the
• 34:59
  house
• 35:00
  online
• 35:00
  to
• 35:01
  dot
• 35:01
  com.
• 35:02
  We've
• 35:02
  been
• 35:02
  talking
• 35:02
  about
• 35:03
  the
• 35:03
  10
• 35:03
  truths
• 35:04
  of
• 35:04
  homeownership.
• 35:04
  And
• 35:05
  Johnny,
• 35:05
  we
• 35:05
  got
• 35:05
  a
• 35:05
  blast
• 35:05
  through
• 35:06
  these
• 35:06
  here
• 35:06
  quickly
• 35:06
  because
• 35:07
  we're
• 35:08
  only
• 35:08
  about
• 35:08
  halfway
• 35:08
  through
• 35:08
  the
• 35:08
  list
• 35:09
  in
• 35:09
  the
• 35:09
  last
• 35:09
  segment
• 35:09
  of
• 35:10
  the
• 35:10
  show.
• 35:10
  So
• 35:11
  one
• 35:11
  thing
• 35:11
  I
• 35:11
  wanted
• 35:11
  to
• 35:12
  talk
• 35:12
  about.
• 35:13
  Just
• 35:13
  keep
• 35:14
  talking,
• 35:14
  right?
• 35:14
  It's
• 35:15
  awesome.
• 35:16
  Every
• 35:16
  time
• 35:16
  you
• 35:17
  vote
• 35:17
  yes
• 35:17
  on
• 35:17
  a
• 35:17
  property
• 35:18
  tax
• 35:18
  levy,
• 35:18
  you're
• 35:19
  raising
• 35:19
  your
• 35:19
  own
• 35:19
  homeownership
• 35:20
  costs.
• 35:21
  So
• 35:22
  those
• 35:22
  local
• 35:23
  ballot
• 35:23
  measures
• 35:24
  Aren't
• 35:24
  free
• 35:24
  money.
• 35:25
  They're
• 35:26
  coming
• 35:26
  out
• 35:26
  of
• 35:26
  your
• 35:26
  paycheck
• 35:27
  because
• 35:28
  they're
• 35:28
  coming
• 35:28
  right
• 35:28
  into
• 35:28
  your
• 35:29
  house
• 35:29
  payment.
• 35:30
  Now,
• 35:30
  I'm
• 35:30
  not
• 35:31
  saying
• 35:31
  don't
• 35:31
  vote
• 35:31
  yes
• 35:32
  for
• 35:32
  the
• 35:32
  schools.
• 35:32
  If
• 35:32
  the
• 35:33
  kids
• 35:33
  need
• 35:33
  a
• 35:33
  new
• 35:33
  school
• 35:34
  or
• 35:34
  they
• 35:34
  need
• 35:34
  to
• 35:34
  do
• 35:34
  something
• 35:35
  there,
• 35:35
  I
• 35:35
  totally
• 35:36
  get
• 35:36
  it.
• 35:37
  But
• 35:38
  pay
• 35:38
  attention
• 35:38
  to
• 35:39
  what
• 35:39
  they're
• 35:39
  going
• 35:39
  to
• 35:39
  give
• 35:39
  you
• 35:40
  and
• 35:40
  is
• 35:40
  it
• 35:41
  worth
• 35:41
  it?
• 35:42
  Sometimes
• 35:43
  it
• 35:43
  is.
• 35:44
  Sometimes
• 35:44
  it's
• 35:45
  like,
• 35:45
  man,
• 35:45
  that
• 35:45
  school
• 35:45
  is
• 35:46
  40
• 35:46
  years
• 35:46
  old
• 35:46
  and
• 35:46
  it's
• 35:47
  horrible.
• 35:47
  They
• 35:48
  need
• 35:48
  to
• 35:48
  build
• 35:48
  a
• 35:48
  new
• 35:48
  one.
• 35:49
  I
• 35:49
  get
• 35:49
  it.
• 35:50
  Yeah,
• 35:51
  but
• 35:51
  you're
• 35:51
  paying
• 35:52
  for
• 35:52
  it.
• 35:52
  But
• 35:52
  if
• 35:52
  it's
• 35:53
  creating
• 35:53
  more
• 35:54
  value
• 35:54
  in
• 35:54
  the
• 35:54
  neighborhood
• 35:55
  and
• 35:55
  adding
• 35:56
  value
• 35:56
  to
• 35:56
  the
• 35:56
  resale
• 35:57
  value
• 35:57
  of
• 35:57
  your
• 35:57
  home.
• 35:59
  Right.
• 35:59
  Sure.
• 36:00
  Worth
• 36:00
  an
• 36:00
  extra
• 36:00
  few
• 36:01
  bucks
• 36:01
  a
• 36:01
  month
• 36:01
  on
• 36:01
  your
• 36:02
  tax
• 36:02
  if
• 36:02
  it
• 36:03
  makes
• 36:03
  sense.
• 36:03
  If
• 36:04
  you
• 36:04
  shoes
• 36:05
  for
• 36:05
  the
• 36:06
  town
• 36:06
  hall,
• 36:07
  then
• 36:07
  no,
• 36:07
  I'm
• 36:07
  out.
• 36:08
  Yeah,
• 36:09
  if.
• 36:09
  If
• 36:09
  they've
• 36:10
  got
• 36:10
  some
• 36:10
  people
• 36:10
  coming
• 36:10
  in
• 36:11
  to
• 36:11
  knit
• 36:11
  sweaters
• 36:12
  for
• 36:12
  the
• 36:12
  local
• 36:12
  endangered
• 36:13
  turtle,
• 36:14
  I'm
• 36:14
  out.
• 36:15
  Well,
• 36:15
  I
• 36:15
  don't
• 36:15
  know.
• 36:15
  I
• 36:15
  might
• 36:15
  support
• 36:16
  turtles,
• 36:16
  but.
• 36:19
  So
• 36:19
  that's
• 36:19
  a
• 36:19
  big
• 36:19
  one.
• 36:20
  Now
• 36:20
  here's
• 36:21
  another
• 36:21
  one
• 36:21
  that
• 36:21
  people
• 36:21
  forget
• 36:22
  about.
• 36:22
  The
• 36:22
  taxes
• 36:23
  and
• 36:23
  insurance
• 36:24
  that
• 36:24
  are
• 36:24
  coming
• 36:24
  out
• 36:24
  of
• 36:24
  your
• 36:24
  thing
• 36:25
  as
• 36:25
  well
• 36:25
  are
• 36:26
  not.
• 36:26
  Set
• 36:26
  it
• 36:26
  and
• 36:26
  forget
• 36:26
  it.
• 36:28
  Both
• 36:28
  can
• 36:28
  double
• 36:29
  in
• 36:29
  a
• 36:29
  decade
• 36:29
  when
• 36:30
  your
• 36:30
  salary
• 36:30
  doesn't.
• 36:31
  Especially
• 36:31
  when
• 36:32
  you're
• 36:32
  talking
• 36:32
  about
• 36:33
  insurance
• 36:34
  and
• 36:34
  stuff.
• 36:34
  When
• 36:34
  you
• 36:34
  got
• 36:34
  wildfires
• 36:35
  or
• 36:35
  hurricanes,
• 36:36
  things
• 36:36
  like
• 36:37
  that,
• 36:37
  it
• 36:37
  can
• 36:37
  really
• 36:37
  change
• 36:38
  what
• 36:38
  that
• 36:38
  is.
• 36:39
  Now
• 36:39
  here's
• 36:40
  the
• 36:40
  biggest
• 36:40
  mistake
• 36:41
  people
• 36:41
  make
• 36:41
  with
• 36:41
  homeowners
• 36:42
  insurance.
• 36:42
  They
• 36:43
  don't
• 36:43
  update
• 36:45
  your
• 36:45
  insurance
• 36:46
  on
• 36:46
  when
• 36:46
  things
• 36:47
  change.
• 36:47
  Housing
• 36:48
  prices
• 36:48
  have
• 36:49
  gotten
• 36:49
  way
• 36:49
  more
• 36:49
  expensive.
• 36:50
  When
• 36:51
  you
• 36:51
  look
• 36:51
  at
• 36:51
  it
• 36:51
  and
• 36:52
  say,
• 36:52
  wow,
• 36:52
  if
• 36:52
  I
• 36:53
  lose
• 36:53
  my
• 36:53
  house,
• 36:54
  let's
• 36:54
  say
• 36:54
  I
• 36:54
  had
• 36:54
  a
• 36:55
  catastrophic
• 36:56
  fire
• 36:56
  that
• 36:56
  burns
• 36:56
  the
• 36:57
  place
• 36:57
  down.
• 36:58
  Well,
• 36:58
  you've
• 36:59
  got
• 36:59
  asbestos,
• 37:00
  you've
• 37:00
  got
• 37:00
  mold,
• 37:01
  you've
• 37:01
  got
• 37:02
  all
• 37:02
  these
• 37:02
  things.
• 37:03
  And
• 37:03
  getting
• 37:03
  all
• 37:03
  those
• 37:04
  hazardous
• 37:04
  materials
• 37:05
  cleaned
• 37:05
  up
• 37:05
  as
• 37:06
  well
• 37:06
  as
• 37:06
  now
• 37:06
  having
• 37:07
  to
• 37:07
  build
• 37:07
  the
• 37:07
  house
• 37:08
  to
• 37:08
  current
• 37:08
  2026
• 37:09
  standards,
• 37:11
  that
• 37:11
  can
• 37:11
  be
• 37:12
  a
• 37:12
  different
• 37:13
  than
• 37:13
  just
• 37:13
  a
• 37:13
  remodel
• 37:14
  price.
• 37:14
  So
• 37:14
  you
• 37:15
  want
• 37:15
  to
• 37:15
  make
• 37:15
  sure
• 37:15
  you're
• 37:16
  covered
• 37:16
  for
• 37:16
  the
• 37:16
  actual
• 37:17
  replacement
• 37:18
  cost
• 37:18
  of
• 37:18
  the
• 37:18
  house
• 37:19
  and
• 37:20
  where
• 37:20
  you
• 37:20
  stand
• 37:20
  for
• 37:21
  a
• 37:21
  year
• 37:21
  while
• 37:21
  they
• 37:21
  do
• 37:22
  that.
• 37:22
  Or
• 37:23
  three
• 37:23
  years
• 37:23
  if
• 37:23
  you're
• 37:23
  in
• 37:24
  California.
• 37:25
  There's
• 37:25
  the
• 37:25
  thing.
• 37:26
  You
• 37:26
  know
• 37:27
  what
• 37:27
  I
• 37:27
  mean,
• 37:27
  Johnny?
• 37:27
  It's
• 37:27
  just.
• 37:28
  I
• 37:28
  just
• 37:28
  wish
• 37:28
  I
• 37:29
  could
• 37:29
  have
• 37:29
  faith
• 37:29
  in
• 37:29
  insurance.
• 37:30
  Right?
• 37:30
  I
• 37:30
  mean,
• 37:31
  like,
• 37:31
  if
• 37:31
  it
• 37:31
  functioned
• 37:32
  like
• 37:32
  it's
• 37:32
  supposed
• 37:32
  to,
• 37:32
  it'd
• 37:33
  be
• 37:33
  a
• 37:33
  fantastic
• 37:34
  idea.
• 37:34
  But
• 37:34
  it
• 37:35
  just
• 37:36
  never
• 37:36
  seems
• 37:36
  to.
• 37:37
  I
• 37:37
  mean,
• 37:38
  they
• 37:38
  are
• 37:38
  a
• 37:38
  business.
• 37:38
  They
• 37:39
  are
• 37:39
  not
• 37:39
  a
• 37:39
  not
• 37:39
  for
• 37:39
  profit.
• 37:40
  So
• 37:40
  they
• 37:40
  are
• 37:40
  trying
• 37:41
  to
• 37:41
  end
• 37:41
  up
• 37:41
  in
• 37:41
  the
• 37:41
  end
• 37:42
  of
• 37:42
  the
• 37:42
  day.
• 37:42
  It's
• 37:43
  like
• 37:43
  betting
• 37:43
  against
• 37:43
  the
• 37:44
  casino.
• 37:44
  The
• 37:44
  casino
• 37:45
  Always
• 37:45
  wins.
• 37:46
  Yeah.
• 37:47
  And
• 37:47
  I
• 37:47
  guess.
• 37:48
  Yeah,
• 37:48
  I
• 37:48
  guess
• 37:48
  that's
• 37:49
  why
• 37:49
  I'm
• 37:49
  a
• 37:49
  little
• 37:49
  sour
• 37:50
  to
• 37:50
  it.
• 37:50
  Right?
• 37:50
  Yeah.
• 37:51
  Like,
• 37:51
  I've
• 37:51
  always
• 37:51
  carried
• 37:52
  insurance
• 37:52
  on
• 37:53
  whatever,
• 37:53
  vehicles,
• 37:54
  tools,
• 37:55
  practice
• 37:56
  insurance.
• 37:57
  Right.
• 37:57
  Most
• 37:58
  time
• 37:58
  I've
• 37:58
  never
• 37:59
  used
• 37:59
  it.
• 37:59
  The
• 37:59
  few
• 38:00
  times
• 38:00
  I
• 38:00
  did
• 38:00
  get
• 38:00
  ripped
• 38:01
  off,
• 38:01
  it
• 38:01
  was
• 38:01
  a
• 38:01
  few
• 38:02
  thousand
• 38:02
  dollars
• 38:02
  worth
• 38:02
  of
• 38:03
  stuff.
• 38:03
  And
• 38:03
  you're
• 38:03
  like,
• 38:03
  I'm
• 38:04
  not
• 38:04
  up
• 38:04
  for
• 38:04
  the
• 38:05
  fight
• 38:05
  over
• 38:05
  a
• 38:06
  few
• 38:06
  thousand
• 38:06
  bucks,
• 38:07
  but
• 38:08
  spend
• 38:08
  that
• 38:08
  in
• 38:08
  a
• 38:09
  year
• 38:09
  on
• 38:09
  the
• 38:09
  insurance.
• 38:09
  So,
• 38:10
  yeah,
• 38:11
  it's
• 38:11
  a
• 38:11
  tough
• 38:11
  one.
• 38:11
  And
• 38:12
  you're
• 38:12
  talking
• 38:12
  about
• 38:12
  replacing
• 38:12
  all
• 38:13
  house.
• 38:13
  And
• 38:13
  I
• 38:14
  just.
• 38:14
  I
• 38:15
  don't
• 38:15
  know.
• 38:15
  Absolutely.
• 38:16
  I
• 38:16
  can't
• 38:16
  imagine
• 38:17
  that
• 38:17
  war.
• 38:17
  But
• 38:17
  you're
• 38:17
  right
• 38:18
  to
• 38:18
  keep
• 38:18
  it
• 38:18
  up
• 38:18
  to
• 38:18
  date
• 38:19
  and.
• 38:19
  Right.
• 38:20
  Because
• 38:20
  otherwise
• 38:20
  you're
• 38:21
  like,
• 38:21
  hey,
• 38:21
  my
• 38:21
  house
• 38:21
  burned
• 38:22
  down.
• 38:22
  They're
• 38:22
  like,
• 38:22
  well,
• 38:23
  you're
• 38:23
  covered
• 38:24
  for
• 38:24
  60
• 38:24
  grand,
• 38:26
  but
• 38:26
  it's
• 38:27
  doubled
• 38:27
  in
• 38:27
  price.
• 38:28
  Hey,
• 38:28
  I
• 38:28
  wanted
• 38:28
  to
• 38:29
  talk
• 38:29
  real
• 38:29
  quick
• 38:29
  here,
• 38:30
  Johnny,
• 38:30
  real
• 38:31
  quick
• 38:31
  before
• 38:31
  we
• 38:31
  go
• 38:32
  here.
• 38:32
  And
• 38:33
  I
• 38:33
  know
• 38:33
  we
• 38:33
  got
• 38:33
  a
• 38:33
  couple
• 38:33
  more
• 38:33
  to
• 38:34
  hit
• 38:34
  there,
• 38:34
  but
• 38:34
  we're
• 38:35
  going
• 38:35
  to
• 38:35
  have
• 38:35
  dude
• 38:35
  dad
• 38:36
  on
• 38:36
  the
• 38:36
  show
• 38:36
  here
• 38:36
  coming
• 38:37
  up.
• 38:37
  If
• 38:37
  you
• 38:38
  guys
• 38:38
  haven't
• 38:38
  seen
• 38:38
  him
• 38:38
  on
• 38:39
  social
• 38:39
  media,
• 38:40
  if
• 38:40
  you're
• 38:40
  around,
• 38:41
  he
• 38:41
  is
• 38:41
  doing
• 38:42
  a
• 38:42
  dude
• 38:43
  dad
• 38:43
  live.
• 38:43
  And
• 38:43
  I
• 38:44
  told
• 38:44
  him
• 38:44
  I'd
• 38:44
  mentioned
• 38:44
  it
• 38:44
  when
• 38:45
  I
• 38:45
  was
• 38:45
  talking
• 38:45
  to
• 38:45
  him
• 38:45
  this
• 38:45
  last
• 38:45
  week.
• 38:46
  On
• 38:46
  4
• 38:47
  24,
• 38:48
  2026,
• 38:49
  he's
• 38:49
  playing
• 38:50
  the
• 38:50
  Pantages
• 38:50
  Cedar
• 38:51
  in
• 38:51
  Tacoma.
• 38:52
  Nice.
• 38:53
  And
• 38:53
  then
• 38:54
  on
• 38:54
  425,
• 38:55
  he's
• 38:55
  at
• 38:55
  the
• 38:55
  Elsinore
• 38:56
  theater
• 38:56
  in
• 38:57
  Salem.
• 38:57
  So
• 38:57
  you
• 38:57
  can
• 38:58
  get
• 38:58
  your
• 38:58
  tickets@dodad.com.
• 39:00
  I
• 39:00
  told
• 39:00
  him
• 39:00
  we'd
• 39:01
  pitch
• 39:01
  that
• 39:01
  for
• 39:01
  him
• 39:02
  because
• 39:02
  they're
• 39:02
  trying
• 39:02
  to
• 39:03
  pack
• 39:03
  those
• 39:03
  places
• 39:03
  up
• 39:04
  if
• 39:04
  you
• 39:05
  haven't
• 39:05
  seen
• 39:05
  them.
• 39:05
  Funny
• 39:06
  stuff.
• 39:07
  Funny
• 39:07
  stuff.
• 39:07
  Nice.
• 39:08
  One
• 39:08
  of
• 39:08
  the
• 39:08
  other
• 39:08
  ones
• 39:09
  here,
• 39:09
  man.
• 39:09
  I
• 39:09
  want
• 39:09
  to
• 39:09
  talk
• 39:09
  real
• 39:10
  quick
• 39:10
  before
• 39:10
  we
• 39:10
  run
• 39:10
  out
• 39:11
  of
• 39:11
  time
• 39:11
  on
• 39:11
  our
• 39:11
  last
• 39:13
  segment
• 39:13
  of
• 39:13
  this
• 39:13
  hour.
• 39:13
  Renovations
• 39:14
  almost
• 39:15
  never
• 39:15
  pay
• 39:15
  for
• 39:16
  themselves.
• 39:17
  If
• 39:17
  you're
• 39:17
  spending
• 39:18
  80
• 39:18
  grand
• 39:18
  on
• 39:18
  a
• 39:19
  kitchen,
• 39:19
  which
• 39:19
  is
• 39:19
  pretty
• 39:19
  tough,
• 39:20
  usually
• 39:20
  they're
• 39:21
  more
• 39:21
  than
• 39:21
  that.
• 39:21
  You
• 39:22
  might
• 39:22
  get
• 39:22
  40
• 39:23
  back
• 39:23
  at
• 39:23
  the
• 39:23
  sale.
• 39:24
  So
• 39:24
  we
• 39:24
  talked
• 39:25
  about
• 39:25
  putting
• 39:25
  the
• 39:25
  wrong
• 39:26
  stuff
• 39:26
  in,
• 39:27
  but
• 39:29
  it
• 39:29
  kind
• 39:29
  of
• 39:29
  fits
• 39:30
  in
• 39:30
  with
• 39:30
  that
• 39:30
  one.
• 39:30
  Over
• 39:31
  improving
• 39:31
  for
• 39:31
  your
• 39:31
  street
• 39:32
  is
• 39:32
  the
• 39:32
  fastest
• 39:32
  way
• 39:33
  to
• 39:33
  lose
• 39:33
  money.
• 39:34
  Yeah.
• 39:35
  So
• 39:36
  that's
• 39:36
  a
• 39:36
  big
• 39:36
  one.
• 39:37
  Sometimes
• 39:37
  not
• 39:38
  over
• 39:38
  improving
• 39:38
  is
• 39:39
  the
• 39:39
  fastest
• 39:39
  way
• 39:39
  to
• 39:40
  lose
• 39:40
  your
• 39:40
  wife,
• 39:40
  so
• 39:41
  you
• 39:41
  might
• 39:41
  want
• 39:41
  attention.
• 39:42
  Just
• 39:43
  saying,
• 39:43
  guys.
• 39:45
  There,
• 39:45
  you're
• 39:46
  up,
• 39:46
  too.
• 39:48
  Now,
• 39:48
  this
• 39:48
  one
• 39:49
  is
• 39:49
  the
• 39:49
  ultimate
• 39:49
  Murphy's
• 39:50
  law
• 39:50
  bigot.
• 39:50
  Ticket
• 39:51
  systems
• 39:51
  always
• 39:52
  fail
• 39:52
  at
• 39:53
  the
• 39:53
  worst
• 39:54
  possible
• 39:54
  time.
• 39:55
  Your
• 39:56
  roof,
• 39:56
  H
• 39:56
  vac,
• 39:57
  plumbing,
• 39:57
  foundation.
• 39:59
  The
• 39:59
  roof
• 39:59
  always
• 40:00
  goes
• 40:00
  after
• 40:00
  the
• 40:00
  windstorm,
• 40:01
  right
• 40:01
  after
• 40:01
  you
• 40:02
  spend
• 40:02
  a
• 40:02
  bunch
• 40:02
  of
• 40:02
  money
• 40:02
  on
• 40:03
  maybe
• 40:03
  fixing
• 40:03
  the
• 40:03
  car.
• 40:04
  Well,
• 40:05
  yeah.
• 40:05
  Or
• 40:05
  Christmas.
• 40:07
  Right.
• 40:08
  You're
• 40:08
  like
• 40:08
  it's
• 40:09
  Christmas.
• 40:09
  Let's
• 40:10
  just
• 40:10
  really
• 40:11
  blow
• 40:11
  it
• 40:11
  out
• 40:11
  this
• 40:11
  year.
• 40:12
  And
• 40:12
  then
• 40:12
  your
• 40:12
  roof
• 40:13
  blows
• 40:13
  off
• 40:13
  in
• 40:13
  January.
• 40:14
  Oh,
• 40:16
  it's
• 40:16
  like
• 40:16
  my
• 40:17
  Murphy's
• 40:17
  lost.
• 40:18
  Same
• 40:18
  kind
• 40:18
  of
• 40:18
  thing.
• 40:18
  House
• 40:19
  I
• 40:19
  was
• 40:19
  in.
• 40:20
  When
• 40:20
  did
• 40:20
  the
• 40:20
  control
• 40:20
  board
• 40:21
  on
• 40:21
  my
• 40:21
  H
• 40:21
  VAC
• 40:22
  system
• 40:22
  go
• 40:22
  out?
• 40:23
  Yeah,
• 40:23
  it
• 40:23
  fries
• 40:24
  the
• 40:25
  night
• 40:25
  before
• 40:25
  Thanksgiving
• 40:26
  and
• 40:26
  I
• 40:26
  got
• 40:26
  20
• 40:26
  people
• 40:27
  come
• 40:27
  over
• 40:27
  the
• 40:27
  house.
• 40:29
  And
• 40:29
  so
• 40:30
  you
• 40:30
  say,
• 40:31
  oh
• 40:32
  no,
• 40:32
  it
• 40:32
  did,
• 40:33
  trust
• 40:33
  me,
• 40:33
  it
• 40:34
  was
• 40:34
  cold
• 40:34
  out.
• 40:34
  I
• 40:34
  wanted
• 40:35
  to
• 40:35
  have
• 40:35
  heat.
• 40:36
  So
• 40:37
  it
• 40:37
  was
• 40:37
  so.
• 40:38
  And
• 40:38
  of
• 40:38
  course
• 40:38
  you
• 40:39
  can't
• 40:39
  get
• 40:39
  the
• 40:39
  parts.
• 40:39
  So
• 40:40
  luckily
• 40:41
  on
• 40:41
  that
• 40:41
  one
• 40:41
  I
• 40:41
  had
• 40:41
  my
• 40:41
  friends
• 40:42
  over.
• 40:42
  Pyramid
• 40:42
  heating
• 40:42
  came
• 40:43
  over
• 40:43
  and
• 40:43
  they
• 40:43
  hot
• 40:43
  wired
• 40:44
  in
• 40:44
  a,
• 40:44
  a
• 40:45
  generic
• 40:46
  board
• 40:47
  to
• 40:47
  get
• 40:47
  me
• 40:48
  going
• 40:48
  through
• 40:49
  the
• 40:49
  holidays.
• 40:50
  But
• 40:50
  nice.
• 40:51
  That's
• 40:51
  that
• 40:51
  stuff
• 40:52
  that
• 40:52
  always
• 40:52
  happens
• 40:52
  that
• 40:52
  you
• 40:53
  just
• 40:53
  go,
• 40:53
  oh,
• 40:54
  you're
• 40:54
  killing
• 40:55
  me.
• 40:56
  So
• 40:56
  really
• 40:56
  guys,
• 40:57
  that's
• 40:57
  our
• 40:57
  top
• 40:58
  10
• 40:58
  on
• 40:58
  this.
• 41:00
  Just
• 41:00
  a
• 41:00
  couple
• 41:01
  notes
• 41:01
  that
• 41:01
  I
• 41:01
  wanted
• 41:01
  to
• 41:02
  hit
• 41:02
  on
• 41:02
  here
• 41:02
  just
• 41:02
  as
• 41:03
  a
• 41:03
  good
• 41:03
  thing.
• 41:04
  You
• 41:04
  and
• 41:05
  I
• 41:05
  talked
• 41:05
  about
• 41:05
  it,
• 41:05
  Johnny.
• 41:06
  Having
• 41:06
  that
• 41:06
  little
• 41:06
  account
• 41:07
  to
• 41:07
  the
• 41:07
  side
• 41:07
  for
• 41:08
  those
• 41:08
  major
• 41:08
  repairs,
• 41:09
  putting
• 41:09
  it
• 41:10
  away.
• 41:11
  You
• 41:11
  know,
• 41:11
  if
• 41:11
  some
• 41:11
  people
• 41:12
  will
• 41:12
  say,
• 41:12
  hey,
• 41:12
  I
• 41:13
  want
• 41:13
  to
• 41:13
  have
• 41:13
  a.
• 41:14
  I'm
• 41:14
  going
• 41:14
  to
• 41:14
  buy
• 41:15
  a
• 41:15
  home
• 41:16
  maintenance
• 41:16
  warranty.
• 41:17
  You
• 41:17
  know
• 41:18
  where
• 41:18
  you
• 41:18
  buy
• 41:18
  the
• 41:19
  home
• 41:19
  warranty
• 41:19
  insurance
• 41:20
  for
• 41:20
  your
• 41:20
  house.
• 41:21
  That's
• 41:21
  awesome.
• 41:22
  But
• 41:23
  it
• 41:23
  doesn't
• 41:23
  replace
• 41:24
  maintenance.
• 41:26
  Yeah,
• 41:27
  yeah,
• 41:28
  it
• 41:28
  doesn't
• 41:28
  replace
• 41:29
  it.
• 41:29
  Keeping
• 41:30
  things
• 41:30
  in
• 41:30
  shape,
• 41:31
  taking
• 41:31
  care
• 41:32
  of
• 41:32
  them.
• 41:32
  Like
• 41:32
  you
• 41:32
  do
• 41:33
  your
• 41:33
  car,
• 41:33
  like
• 41:33
  you
• 41:34
  do
• 41:34
  your
• 41:34
  kid,
• 41:34
  like
• 41:35
  you
• 41:35
  do.
• 41:35
  Right.
• 41:36
  Your
• 41:36
  dogs,
• 41:37
  whatever.
• 41:37
  Yourself
• 41:37
  even.
• 41:38
  I
• 41:38
  mean,
• 41:39
  yeah,
• 41:39
  I
• 41:39
  mean
• 41:40
  is
• 41:40
  you.
• 41:41
  And
• 41:42
  I'm
• 41:42
  not
• 41:42
  one
• 41:42
  to
• 41:42
  preach
• 41:42
  because
• 41:43
  I'm
• 41:43
  bad
• 41:43
  at
• 41:43
  that
• 41:44
  kind
• 41:44
  of
• 41:44
  stuff.
• 41:44
  I'll
• 41:44
  admit
• 41:45
  it,
• 41:45
  right.
• 41:46
  When
• 41:46
  I
• 41:46
  hear
• 41:46
  the
• 41:47
  lifters,
• 41:47
  when
• 41:47
  I
• 41:47
  hear
• 41:48
  the
• 41:48
  lifters
• 41:48
  in
• 41:49
  my
• 41:49
  car
• 41:49
  go,
• 41:51
  I'm
• 41:51
  like,
• 41:51
  oh,
• 41:52
  I
• 41:52
  knew
• 41:52
  I
• 41:52
  should
• 41:53
  have
• 41:53
  put
• 41:53
  oil
• 41:53
  in
• 41:54
  three
• 41:54
  weeks
• 41:55
  ago.
• 41:55
  Yep,
• 41:56
  dude.
• 41:57
  Like
• 41:57
  I'm,
• 41:57
  I
• 41:58
  am
• 41:58
  not
• 41:58
  a
• 41:58
  maintenance
• 41:59
  guy.
• 41:59
  But
• 41:59
  no,
• 42:00
  it
• 42:00
  will
• 42:00
  save
• 42:01
  you
• 42:01
  money,
• 42:02
  it
• 42:02
  will
• 42:02
  preserve
• 42:03
  the
• 42:03
  value
• 42:03
  of
• 42:04
  your
• 42:04
  home.
• 42:04
  And
• 42:05
  it's
• 42:05
  just,
• 42:05
  it's
• 42:06
  a
• 42:06
  good
• 42:06
  habit
• 42:06
  to
• 42:06
  get
• 42:06
  in.
• 42:07
  Yeah,
• 42:08
  you
• 42:08
  have
• 42:08
  to.
• 42:08
  You
• 42:09
  just
• 42:09
  have
• 42:09
  to.
• 42:10
  And
• 42:11
  one
• 42:11
  thing
• 42:11
  I
• 42:11
  wanted
• 42:11
  to
• 42:11
  talk
• 42:11
  about
• 42:12
  here
• 42:12
  before
• 42:12
  we
• 42:12
  go
• 42:12
  out,
• 42:12
  Johnny
• 42:13
  too,
• 42:13
  is
• 42:14
  today's
• 42:14
  interest
• 42:15
  rates,
• 42:15
  if
• 42:15
  you
• 42:16
  look
• 42:16
  at
• 42:16
  the
• 42:16
  time
• 42:16
  I've
• 42:17
  been
• 42:17
  alive,
• 42:17
  are
• 42:18
  pretty
• 42:18
  reasonable
• 42:19
  because
• 42:20
  that
• 42:20
  3%
• 42:20
  loan
• 42:21
  is
• 42:21
  probably
• 42:22
  never
• 42:22
  coming
• 42:23
  back.
• 42:24
  My
• 42:25
  last
• 42:25
  house,
• 42:25
  I
• 42:25
  had
• 42:25
  a
• 42:26
  3%
• 42:26
  interest
• 42:26
  rate
• 42:27
  on
• 42:27
  it.
• 42:28
  And
• 42:28
  with
• 42:29
  the
• 42:29
  current
• 42:29
  30
• 42:29
  year
• 42:30
  mixed
• 42:30
  rates,
• 42:30
  about
• 42:31
  6,
• 42:31
  3,
• 42:31
  6,
• 42:32
  4%.
• 42:33
  Pretty
• 42:34
  reasonable
• 42:34
  compared
• 42:34
  to
• 42:35
  history.
• 42:35
  Still
• 42:36
  pretty
• 42:36
  good,
• 42:36
  dude.
• 42:36
  Yeah,
• 42:37
  first
• 42:38
  house
• 42:38
  I
• 42:38
  bought
• 42:38
  was
• 42:39
  like,
• 42:40
  I
• 42:40
  want
• 42:40
  to
• 42:40
  say
• 42:40
  it
• 42:40
  was
• 42:41
  around
• 42:41
  10.
• 42:42
  Yeah,
• 42:42
  we
• 42:43
  think
• 42:43
  about
• 42:43
  it
• 42:43
  in
• 42:44
  the
• 42:44
  70s,
• 42:44
  90s.
• 42:45
  That
• 42:45
  sound.
• 42:45
  Yeah,
• 42:46
  I
• 42:46
  think
• 42:46
  it
• 42:46
  was
• 42:46
  like
• 42:46
  10,
• 42:47
  7
• 42:47
  and
• 42:47
  a
• 42:47
  half
• 42:47
  to
• 42:48
  10
• 42:48
  somewhere
• 42:48
  in
• 42:48
  there.
• 42:48
  But
• 42:49
  yeah,
• 42:49
  well,
• 42:50
  in
• 42:50
  the
• 42:50
  70s
• 42:50
  here
• 42:51
  in
• 42:51
  the
• 42:51
  United
• 42:51
  States
• 42:51
  it
• 42:52
  averaged
• 42:52
  7
• 42:52
  and
• 42:52
  a
• 42:52
  half
• 42:53
  to
• 42:53
  11.2.
• 42:54
  In
• 42:54
  the
• 42:54
  80s
• 42:55
  it
• 42:55
  averaged
• 42:55
  12.7%.
• 42:57
  And
• 42:57
  in
• 42:58
  1981
• 42:59
  it
• 42:59
  peaked
• 42:59
  above
• 43:00
  18%.
• 43:01
  Oh
• 43:02
  gosh.
• 43:03
  So
• 43:03
  when
• 43:03
  you
• 43:03
  look
• 43:04
  at
• 43:04
  it,
• 43:04
  insanity,
• 43:05
  when
• 43:06
  you
• 43:06
  look
• 43:06
  at
• 43:06
  it,
• 43:07
  it's
• 43:07
  not
• 43:07
  so
• 43:07
  bad
• 43:08
  right
• 43:08
  now
• 43:08
  when
• 43:09
  we
• 43:09
  look
• 43:09
  at
• 43:09
  the
• 43:09
  historical
• 43:10
  average.
• 43:11
  And
• 43:11
  I
• 43:11
  think,
• 43:13
  well,
• 43:13
  I
• 43:13
  want
• 43:13
  to
• 43:13
  say
• 43:13
  two
• 43:14
  things
• 43:14
  actually.
• 43:14
  I
• 43:14
  was
• 43:14
  going
• 43:14
  to
• 43:15
  bring
• 43:15
  this
• 43:15
  up
• 43:15
  earlier,
• 43:15
  like
• 43:16
  if
• 43:16
  you're
• 43:16
  a
• 43:17
  new
• 43:17
  homeowner
• 43:17
  or
• 43:18
  even
• 43:18
  a
• 43:18
  younger
• 43:18
  homeowner,
• 43:19
  and
• 43:19
  I'm
• 43:19
  not
• 43:19
  trying
• 43:19
  to
• 43:20
  sound
• 43:20
  like
• 43:20
  an
• 43:20
  old
• 43:20
  grandpa
• 43:21
  or
• 43:21
  anything
• 43:22
  like,
• 43:22
  all
• 43:22
  right
• 43:22
  grandpa,
• 43:23
  we're
• 43:24
  not
• 43:24
  preaching
• 43:24
  this
• 43:24
  stuff
• 43:25
  just
• 43:25
  to
• 43:25
  preach
• 43:25
  it
• 43:25
  like
• 43:26
  it
• 43:26
  really
• 43:26
  is
• 43:26
  important
• 43:27
  and
• 43:27
  it.
• 43:27
  But
• 43:27
  to
• 43:28
  be
• 43:28
  fair,
• 43:28
  it's
• 43:28
  stuff
• 43:29
  you
• 43:29
  don't
• 43:29
  think
• 43:29
  about
• 43:30
  unless
• 43:30
  you've
• 43:30
  had
• 43:30
  the
• 43:30
  experience
• 43:31
  of
• 43:31
  owning
• 43:32
  a
• 43:32
  few
• 43:32
  homes,
• 43:33
  right?
• 43:33
  Yes.
• 43:34
  So
• 43:34
  that's
• 43:34
  just
• 43:34
  word
• 43:35
  to
• 43:35
  the
• 43:35
  wise,
• 43:36
  err
• 43:37
  on
• 43:37
  the
• 43:37
  side
• 43:37
  of
• 43:37
  caution.
• 43:38
  The
• 43:38
  other
• 43:38
  thing,
• 43:39
  I
• 43:39
  think
• 43:39
  just
• 43:40
  because
• 43:40
  of
• 43:40
  the
• 43:40
  generation
• 43:41
  we
• 43:41
  grew
• 43:41
  up
• 43:41
  in,
• 43:42
  to
• 43:42
  me
• 43:43
  like
• 43:43
  anything
• 43:43
  under
• 43:44
  10%
• 43:44
  seems
• 43:45
  like
• 43:45
  reasonable
• 43:45
  and
• 43:46
  cheap.
• 43:46
  Yeah,
• 43:46
  absolutely.
• 43:47
  Yeah,
• 43:49
  absolutely.
• 43:50
  And
• 43:50
  one
• 43:50
  more
• 43:50
  thing
• 43:50
  out
• 43:51
  there
• 43:51
  too,
• 43:51
  guys.
• 43:51
  And
• 43:52
  this
• 43:52
  is
• 43:52
  just,
• 43:52
  just
• 43:53
  another
• 43:53
  one
• 43:53
  out
• 43:53
  there.
• 43:54
  When
• 43:54
  you
• 43:54
  think
• 43:54
  about
• 43:54
  this,
• 43:54
  when
• 43:55
  you're
• 43:55
  looking
• 43:55
  around
• 43:55
  out
• 43:56
  there,
• 43:56
  when
• 43:56
  we
• 43:57
  talk
• 43:57
  about
• 43:57
  affordable
• 43:58
  housing
• 43:58
  means
• 43:59
  when
• 43:59
  you
• 43:59
  go
• 43:59
  buy
• 43:59
  your
• 44:00
  first
• 44:00
  house,
• 44:00
  it's
• 44:00
  probably
• 44:01
  that
• 44:01
  thousand
• 44:01
  square
• 44:02
  foot
• 44:02
  three
• 44:02
  bedroom,
• 44:03
  one
• 44:03
  bath
• 44:03
  ranch
• 44:04
  that's
• 44:05
  maybe
• 44:05
  1100
• 44:06
  square
• 44:06
  feet
• 44:07
  with
• 44:07
  an
• 44:07
  attached
• 44:07
  two
• 44:08
  car
• 44:08
  garage.
• 44:09
  If
• 44:09
  you're
• 44:09
  going
• 44:10
  out
• 44:10
  to
• 44:10
  buy
• 44:11
  a
• 44:12
  3000
• 44:13
  square
• 44:13
  foot
• 44:14
  house
• 44:14
  with
• 44:14
  six
• 44:15
  bedrooms
• 44:15
  and
• 44:15
  seven
• 44:16
  baths
• 44:17
  with
• 44:17
  a
• 44:17
  four
• 44:17
  car
• 44:18
  garage,
• 44:19
  that's
• 44:19
  not
• 44:20
  affordable
• 44:20
  housing
• 44:20
  stuff.
• 44:21
  That's
• 44:22
  been
• 44:22
  our
• 44:22
  thing
• 44:22
  that
• 44:22
  we've
• 44:23
  done
• 44:23
  in
• 44:23
  the
• 44:23
  past.
• 44:23
  If
• 44:24
  you
• 44:24
  look
• 44:24
  at
• 44:24
  back
• 44:24
  when
• 44:25
  people
• 44:25
  go,
• 44:25
  oh,
• 44:25
  housing
• 44:26
  was
• 44:26
  so
• 44:26
  much
• 44:26
  more
• 44:26
  affordable,
• 44:27
  you're
• 44:27
  right.
• 44:27
  Because
• 44:28
  we
• 44:28
  had
• 44:28
  entry
• 44:28
  level
• 44:29
  homes
• 44:29
  for
• 44:29
  people
• 44:30
  that
• 44:30
  were
• 44:30
  small
• 44:31
  and
• 44:31
  good
• 44:31
  enough.
• 44:33
  Yeah,
• 44:33
  they
• 44:34
  were
• 44:34
  housing,
• 44:35
  they
• 44:35
  weren't
• 44:35
  mansion.
• 44:36
  That
• 44:37
  just
• 44:37
  doesn't
• 44:37
  exist
• 44:37
  in
• 44:38
  so
• 44:38
  many
• 44:38
  markets
• 44:38
  now,
• 44:39
  including
• 44:39
  the
• 44:39
  Northwest.
• 44:40
  The
• 44:40
  Northwest
• 44:41
  is
• 44:41
  insanity.
• 44:42
  My
• 44:42
  mom
• 44:43
  was
• 44:43
  looking
• 44:43
  down
• 44:43
  in
• 44:43
  Florida.
• 44:44
  She's
• 44:45
  showing
• 44:45
  me
• 44:45
  these
• 44:45
  gorgeous
• 44:46
  homes
• 44:46
  for
• 44:46
  250k.
• 44:48
  Oh,
• 44:48
  I
• 44:48
  know.
• 44:48
  Like,
• 44:48
  man,
• 44:49
  you
• 44:49
  can't
• 44:50
  buy
• 44:50
  it.
• 44:50
  You
• 44:51
  can't
• 44:51
  buy
• 44:51
  a
• 44:51
  rehab
• 44:52
  in
• 44:53
  something
• 44:53
  like
• 44:54
  that
• 44:55
  in
• 44:55
  the
• 44:55
  Northwest.
• 44:56
  What?
• 44:57
  Yeah,
• 44:59
  and
• 44:59
  we're
• 45:00
  talking
• 45:00
  like
• 45:00
  St.
• 45:00
  Augustine,
• 45:01
  like
• 45:01
  beautiful
• 45:01
  parts
• 45:02
  of
• 45:02
  Florida.
• 45:03
  I've
• 45:03
  been
• 45:03
  doing
• 45:03
  this,
• 45:05
  like
• 45:05
  amazing
• 45:06
  homes.
• 45:06
  I'm
• 45:06
  like,
• 45:07
  holy
• 45:07
  catch.
• 45:07
  Fully
• 45:08
  remodeled.
• 45:08
  Yeah,
• 45:09
  yeah.
• 45:09
  But
• 45:09
  ready
• 45:10
  to
• 45:10
  go.
• 45:10
  Very
• 45:10
  few
• 45:11
  places
• 45:11
  like,
• 45:11
  and
• 45:12
  you're
• 45:12
  in
• 45:12
  Florida.
• 45:12
  So
• 45:12
  now
• 45:13
  you're
• 45:13
  like,
• 45:13
  okay,
• 45:13
  hurricane
• 45:14
  insurance.
• 45:14
  Well,
• 45:15
  absolutely.
• 45:15
  It's
• 45:16
  cheaper
• 45:16
  even
• 45:17
  with
• 45:17
  the
• 45:17
  insurance.
• 45:18
  Right.
• 45:18
  Still
• 45:19
  cheaper.
• 45:19
  All
• 45:19
  right,
• 45:20
  Johnny,
• 45:20
  let's
• 45:20
  wrap
• 45:20
  this
• 45:21
  one
• 45:21
  up.
• 45:21
  We
• 45:21
  got
• 45:21
  a
• 45:21
  next
• 45:22
  hour
• 45:22
  ahead.
• 45:23
  I'm
• 45:23
  Eric
• 45:24
  G.
• 45:24
  And
• 45:24
  for
• 45:24
  John
• 45:24
  Dudley,
• 45:25
  you've
• 45:25
  been
• 45:25
  listening
• 45:26
  to
• 45:26
  around
• 45:26
  the
• 45:26
  House.