We Might Buy This DESTROYED Las Vegas Mansion…

Added: 2026-05-09

[00:00:00]We are here in Sunrise Manor. [music] It is the northeast >> most part of Vegas. In fact, if you look behind us, that's the end of Vegas right now.

[00:00:10]>> Yeah. Yeah. Yeah. Funny. Yeah. Yeah. You say this is the end behind there.

[00:00:13]>> That's it. There's no more Vegas.

[00:00:14]>> Yeah. We're looking at at this house.

[00:00:16]The only thing is we cannot go in.

[00:00:18]>> We know it's [music] been broken into because they even ransack the air conditioning unit. You will give you [music] a tour. Back to the Mark and Michael Mansion channel.

[00:00:28]>> [music] >> fancy finding you inside. [laughter] >> You brought us another jewel and uh the funny thing is we need to give an offer today without seeing it.

[00:00:44]>> Without being able to go inside.

[00:00:45]>> Without be able to go inside. Yeah. AC unit.

[00:00:47]>> Well, there are no windows on the wall whatsoever.

[00:00:50]>> Yeah.

[00:00:51]>> So, that means all the light comes from the front. Oh, another another fence. I can do it or you need to do it. It's a little bit rusty. If we show you the view, it's really spectacular. So, we are in the northeast. No, northeast east.

[00:01:05]>> Yeah, northeast. Yeah, that's correct.

[00:01:06]>> Of Vegas. You will probably have one of the best views.

[00:01:10]>> The view is amazing.

[00:01:11]>> And we can also get some inspiration.

[00:01:12]For example, look at this garden here.

[00:01:14]Look at the lovely decoration. I think >> now what exactly is that?

[00:01:17]>> Um, so this is a get together of different um >> I like the broken glass that surrounds it. It's very, very unique.

[00:01:24]>> The reflection. It's a like a artist installation, art piece installation.

[00:01:28]It's >> just don't come outside without shoes.

[00:01:32]>> I would say it is a little bit low on maintenance. This is a plus side.

[00:01:35]>> I want to know what all the fur is.

[00:01:37]>> This is a cactus.

[00:01:38]>> This is a cactus.

[00:01:39]>> Yeah, it's a cactus.

[00:01:40]>> Why is it like that?

[00:01:41]>> No, we had I know it. Wow. But Michael, look at the front here. What?

[00:01:45]>> Somebody cares about security here.

[00:01:47]>> Yeah. No, security. I remember when I saw when I looked at the other house, it is a little bit [snorts] >> so this is expensive >> to to do this on one window like this is probably a couple of thousand each window >> and here is a need for it. I I remember because back in the back in the day when I looked at the other property they told me they had some issues in the neighborhood with breaking in uh one street tire though but this is some some investment.

[00:02:14]>> So something obviously happened here.

[00:02:16]They boarded up these windows or maybe they boarded up because they didn't have the shutters and they were scared of >> people coming inside. This probably was a squatter situation, right?

[00:02:25]>> Could be. Could be. Right. Pascal, what is your professional opinion on this?

[00:02:29]What What would you say? You like it or not?

[00:02:31]>> From outside. Yes.

[00:02:32]>> From outside you say it's a huge house.

[00:02:34]Square footage, >> it's in a good condition. Square footage is 4,600 something.

[00:02:38]>> And there's one level and there's room to put a pool. Imagine you had a nice pool here.

[00:02:42]>> Pool inside.

[00:02:43]>> Ha.

[00:02:44]>> There's a pool inside.

[00:02:44]>> Ha. You don't have or >> there is one. Yeah, cuz there's a gate.

[00:02:48]>> But then you are limited regarding the where to put a but >> No. Pascal said there's a pool inside.

[00:02:53]>> Yeah, there's a pool inside. Yeah.

[00:02:55]Here's the the old >> No. Let's look at it.

[00:02:59]>> Wow. This was a AC unit.

[00:03:01]>> Yes.

[00:03:02]>> No.

[00:03:04]>> It was >> they took the AC unit.

[00:03:06]>> The copper around.

[00:03:08]>> So somebody came and they stole the copper.

[00:03:11]>> Yes.

[00:03:12]>> From both. So, how much would the copper be worth?

[00:03:16]>> $50.

[00:03:17]>> So, they came all the way up here.

[00:03:19]>> Yeah. [laughter] >> And the thing is cost >> and they destroyed the unit, which would be how much? $4,000 to get a $50 bit of copper. That's like catalytic converters on a car. It's worth $5. They destroy your car for $5.

[00:03:34]>> Wow.

[00:03:36]>> And somebody broke in the house here cuz this had a shutter and they they destroyed >> Oh, they destroyed the shutter. Yeah.

[00:03:42]Because they locked it. Yeah, you're right.

[00:03:46]>> Yeah, I think inside is going to be disaster. They stole everything.

[00:03:49]>> But the roof looks at least little.

[00:03:53]>> Okay, they they they closed it. Yeah.

[00:03:55]Yeah, they closed it >> surely.

[00:03:57]>> No, no, no. But you see here, you see here where they >> where they went in here also is What is this?

[00:04:05]>> Yeah, they destroyed it. They took the door off, I think. You can see both sides.

[00:04:10]>> M. So inside is going to be bad >> maybe.

[00:04:18]>> Okay. How how what are we I mean how do we what do we how do we operate in this situation now?

[00:04:25]>> So it's a very expensive fix I think.

[00:04:27]>> What do you think >> to fix?

[00:04:29]>> I mean the price is 680,000.

[00:04:31]>> Yeah. For 680 is the high highest bit right now.

[00:04:35]>> So So by the time you have all your closing cost and everything is $700,000.

[00:04:39]The closing costs have to pay the the the seller.

[00:04:42]>> Yeah, but there's still bits and bats, right? Escro fees, title insurance, all of that.

[00:04:46]>> All of them have to pay the buyer. Uh the seller.

[00:04:48]>> Oh, okay. Bit 681.

[00:04:51]>> What? How do we How do we check from the inside? How much you know we How much is it?

[00:04:56]>> You can't.

[00:04:57]>> Not now. Saturday.

[00:05:01]>> I think for a house like this in this size 140, 150. So, you got to think all of these windows have to be replaced, right?

[00:05:12]>> Yeah.

[00:05:12]>> We don't know what's behind the >> All windows replaced. Why?

[00:05:16]>> Well, they're broken.

[00:05:17]>> Maybe.

[00:05:17]>> Maybe. Yeah.

[00:05:18]>> Well, this has to be broken because you can't put this here if there's a glass behind it. They took the They took the shutter off. And then we know it needs air conditioning units. They could have taken the fan. The motor's going to be worth a dollar.

[00:05:29]>> I buy 150 150 unit in China for like nothing.

[00:05:34]>> $150 >> now. 150 units. Oh, you bought now.

[00:05:37]>> Yeah.

[00:05:38]>> Okay.

[00:05:39]>> How much for 800 and outside unit together?

[00:05:43]>> But they're just as good.

[00:05:43]>> Better than this one for sure.

[00:05:45][laughter] >> AC unit. How much is the AC unit here?

[00:05:47]4,000 for 3,000. How much? I think it >> depends. A big big one's like 6,000, right?

[00:05:51]>> Yeah, we have six tons.

[00:05:53]>> Yeah.

[00:05:53]>> Let's go to the front.

[00:05:55]>> And then if you have a pool inside, uh, >> you can look. You can you can see something.

[00:06:00]>> What can you see?

[00:06:02]>> It looks not bad.

[00:06:02]>> It looks not bad.

[00:06:03]>> Let me see.

[00:06:04]>> It has a courtyard. Look on the left.

[00:06:06]There are plants.

[00:06:07]>> What do you see?

[00:06:09]>> Look here.

[00:06:10]>> It looks good.

[00:06:12]>> You need to You see, you need to You need to Yeah.

[00:06:17]Look a little bit.

[00:06:19]No, this is the best. This is the best here. This is the best.

[00:06:24]I see something. You see it or nothing?

[00:06:27]>> That's outside though. Isn't that supposed to be house?

[00:06:31]>> I think there is a big courtyard inside.

[00:06:34]Here is the pool.

[00:06:39]>> Yeah. You see a pool? I see the pool and the hot tub.

[00:06:42]>> Okay. So, if this was >> Look, look, look. There's a big pool.

[00:06:45]Look like this. Make everything dark.

[00:06:47]>> I see it. I see it. Hot pool. So, that's right there. That's 2,000 ft of the house. So, the house is smaller because that's got to be >> close the pool. Put the pool outside.

[00:06:57]>> Yeah. I would say take the pool away.

[00:06:59]Make this into the living space.

[00:07:00]>> Yeah.

[00:07:01]>> Uh-huh. Uh-huh. Yeah. Also, Yeah. It's not really attractive. There is nothing.

[00:07:05]>> No. And then who who uses an indoor pool in Vegas?

[00:07:08]>> True. You're right.

[00:07:10]>> Very strange.

[00:07:11]>> Ah, here. Yeah, you're right, Michael.

[00:07:13]Here.

[00:07:14]>> Yeah. Yeah, they're all broken.

[00:07:17]>> Okay.

[00:07:21]Glass everywhere.

[00:07:22]>> Okay.

[00:07:23]>> It looks like vandals came.

[00:07:25]>> H. Okay. I I >> How are these attached? These Oh, they're screwed, right? I'm sure that every one of these on the inside is probably broken. These are electric. Are they electric?

[00:07:35]>> Yes.

[00:07:36]>> Are they They're all uh Sh. The neighbor has the same things on the windows all closed up.

[00:07:41]>> Yeah. Also down here everywhere.

[00:07:43]>> So that means nobody lives here.

[00:07:45]>> Uh I just remember that they said to me it's normal for this.

[00:07:50]>> Yeah. But but look at all of these houses. They're all blanked off or many of them.

[00:07:55]>> Yeah. But the neighborhood itself is not bad.

[00:07:57]>> Yeah. [snorts] That makes me wonder why are all these houses empty with the shutters down on the windows? Cuz you can't live in a house with the shutters down.

[00:08:06]>> True. Maybe vacation homes or something, you know.

[00:08:09]>> Here >> maybe. I don't know. Okay. How how do we how how are you calculating then how much to put in just Yeah. Like this?

[00:08:17]>> Do you do it like per foot?

[00:08:20]>> Yes.

[00:08:21]>> Of inside. So, if it was 4,700 ft, cuz if we close off the pool, make it flat floor, that's a nice room you could make, right? I mean, I'm assuming.

[00:08:31]>> Yeah.

[00:08:32]>> How much to renovate per foot? If it cost $100 a foot, that's $480,000.

[00:08:37]>> No, that's impossible for this. We build it new.

[00:08:41]>> Yeah, but you Yeah, [sighs and snorts] [laughter] >> but it's You need all the air conditioning, >> right? You need the windows.

[00:08:52]You need kitchen, the bathrooms, the floors, everything. $50 a foot, >> I think. Not that much.

[00:08:58]>> Really?

[00:08:58]>> Yeah.

[00:08:59]>> How much you think?

[00:09:00]>> In total, max 150.

[00:09:02]>> Really?

[00:09:02]>> Yeah.

[00:09:05]>> Let's go to the front.

[00:09:06]>> So, we'd be in it for 850 more or less.

[00:09:08]>> Yeah. But what we have to think about is it takes longer to fix because bigger space, right?

[00:09:14]>> Yeah.

[00:09:14]>> There's another air conditioning unit, but it will go through.

[00:09:18]>> Yeah.

[00:09:19]That has to go, right?

[00:09:21]>> Small office office, I guess. Let's go on a hike, huh?

[00:09:24]>> Oh my word. [laughter] >> You have a hiking track here as well.

[00:09:29]>> Look, sorry.

[00:09:31]>> That's dangerous.

[00:09:32]>> Yeah. Hello.

[00:09:33]>> By your house.

[00:09:34]>> So, for example, this year also, you know, with this wood and stuff, it's not a problem, right?

[00:09:40]>> Yeah.

[00:09:40]>> No, you put new doors, new >> Yeah. Also, they try to >> Yeah, they did.

[00:09:44]>> Let me look inside here. Is this your friend's listing?

[00:09:49]>> Uh, no.

[00:09:50]>> It's not. Okay. So, how [snorts] does he know? How do you know what the current bid is?

[00:09:55]>> Uh, the seller told that to my realtor.

[00:09:58]>> Okay. That he has this on the table.

[00:10:00]>> So, it may or may not be honest.

[00:10:02]>> I think yes, he's be honest. The two bits, uh, 640 and 680, >> but you don't know if they go through.

[00:10:09]>> I thought 660. You said >> 680.

[00:10:12]>> 680.

[00:10:13]>> Yeah.

[00:10:13]>> But you don't never know if they go through or not, right?

[00:10:16]finance, >> but if they accept it, then it's in escrow until they find out it doesn't go through.

[00:10:22]>> Yeah.

[00:10:22]>> Okay. So, my biggest concern is that the selling price for 1 million. If I had 1 million, if I would had 1 million, I would buy somewhere else >> where with 1 million 4,600 house starts at 2 million. Anthem, same.

[00:10:41]>> Seven hills.

[00:10:43]>> Yeah. No, >> even higher. Yeah.

[00:10:45][snorts] Um, >> I don't know. What is your opinion?

[00:10:51]>> I think it just might be a difficult sell >> based on how much we would have to sell it for >> if you if you were in it for worst case scenario 850, right? 700 plus 150 850.

[00:11:12]Then to make it worthwhile, we have to have clean after sales like a million one.

[00:11:18]>> Yeah.

[00:11:19]>> Right. Would somebody come all the way up here to spend a million? I think it's a a limited amount of buyers. Is it good value? No question.

[00:11:29]>> Mhm. Sizewise.

[00:11:30]>> Sizewise. Yeah. But would somebody rather have 3,000 ft in a normal area where you don't have to have bars on every window in your house? Because when you drive down the street and you see them all barred up, >> that to me, I don't want to live like that. But that's me. I'm sure there are some people that would see this and say, "Oh, it's fantastic." And >> what do you have any kind of uh >> What are your thoughts?

[00:11:54]>> Yeah. What are your thoughts of the area? Of the area.

[00:11:57]>> I think the area it's not that bad, but you have right the shuttles down. It looks suspicious.

[00:12:02]>> Yeah. When someone comes to look at the house, they look out the back and all the houses are barred up like a jail, right? But you think in general this part of Vegas I mean when we drove here the streets are a little bit rough let's say >> yes >> you you have any you sold and bought something here >> here no experience [snorts] I >> I I think as good as the opportunity might be I think this is a difficult one.

[00:12:28]>> Yeah >> just for how many people would actually move here >> and >> and there's a trail right here public trail that we just saw people walking around >> and um Yeah.

[00:12:41]>> How how long is the would the fix up be?

[00:12:43]What do you think?

[00:12:44]>> I have no idea.

[00:12:45]>> Good. We don't know what's inside.

[00:12:46]>> Yeah.

[00:12:47]>> So, but should we look at it on a on a Saturday or what do you think?

[00:12:51]>> I I'm happy to look at it on Saturday.

[00:12:54]>> Then let's do like this. We give a bit 681 with an extra that we can cancel the deal when we are not happy on Saturday.

[00:13:01]>> Yeah.

[00:13:02]>> Yeah. I think this is not bad.

[00:13:03]>> Yeah, I'm happy to do that. then we come back on Saturday >> and then we can calculate the cost because if for example we just do less investment and if it's less to fix >> the the question is is there a buyer regardless of what it cost >> I think what we should do is look at how many of these houses have sold recently >> and >> regardless of the price >> yeah okay >> how many have sold and how much per square foot and then we can >> yeah that's a good idea to check if some houses went over 1 million >> because you also have to remember somebody buying this house is probably buying it with a mortgage.

[00:13:35]>> Yeah.

[00:13:36]>> Right. And the bank is going to look at everything around. And most of the houses are $3 to $400,000 inside here.

[00:13:42]>> Yeah. That's because we don't want to be the most expensive house on the block.

[00:13:46]No, you don't. Yeah, that's true. That's a good idea. That's why.

[00:13:49]>> So, I I think we just check it.

[00:13:51]>> Uh I'm happy to put the offer in.

[00:13:53]>> Um because it gives us a few days to as long as we can get out of it.

[00:13:57]>> Yeah. Good. Right. Good. Subject to seeing the inside of it. Yeah.

[00:14:02]>> Okay, guys. So then we do like this. I see you. We see the guys on on on Saturday.

[00:14:07]>> Yeah. We show you the inside.

[00:14:08]>> Let's do it.

[00:14:09]>> And um Yeah. Until then >> and we can make the offer that we close very fast.

[00:14:14]>> Yeah.

[00:14:14]>> Um all cash.

[00:14:16]>> Yep.

[00:14:17]>> Perfect.

[00:14:17]>> Yeah.

[00:14:18]>> Okay. Let's do it.

[00:14:19]>> Here we are again.

[00:14:20]>> Can you believe it?

[00:14:21]>> Yeah.

[00:14:21]>> It is Saturday. We have nice weather and all the guys are already inside. Are you excited to go inside?

[00:14:27]>> I'm scared.

[00:14:27]>> A little bit scary. Yeah, this place scary.

[00:14:30]>> It's kind of remote. I mean, yeah, you're inside the nature. It has something. I don't know what, but yeah, let's >> something something. Yeah. Well said.

[00:14:40]>> Pascal is already inside. So, the outside we already showed to you. Let's walk inside there. It looks a little bit dark because all the shutters are are down.

[00:14:48]>> I hope it's better than the last one we went inside.

[00:14:50]>> Yeah. Okay. Okay. Okay.

[00:14:52]>> Did you bring your swimsuits?

[00:14:55]>> Uh, I I forgot my swimsuit. Look. Uh, a fish [clears throat] tank.

[00:15:00]>> This one? Yeah. No, this not a fish tank. It's It's >> I know it's not a fish tank. This is the one that has the skylight. Remember?

[00:15:07]Yeah. The We called it the um what did we call it? Uh the courtyard.

[00:15:12]>> Yeah. Courtyard. Some natural light.

[00:15:14]Yeah.

[00:15:14]>> And a swimming pool. Ooh, there's fish in it.

[00:15:18]>> Wow.

[00:15:20]It's a big place. Wow. It's huge.

[00:15:23]>> Imagine turning this into living space, right?

[00:15:26]>> Yeah.

[00:15:27]>> Probably this makes the most sense, right? You do not want you do not want an indoor pool.

[00:15:33]>> No.

[00:15:34]>> Because of the humidity.

[00:15:35]>> Yeah.

[00:15:35]>> I had a I had a home at East Cactus. It took me 14 years to sell it because of the ground.

[00:15:42]>> Wow. Okay. Yeah. You see it just a little bit.

[00:15:44]>> And the cost for the dehumidification just the the energy cost was like $900 a month.

[00:15:50]>> Wo.

[00:15:51]>> Just to for the dehumidification system.

[00:15:53]Yes. To get the humidity out.

[00:15:56]>> You can see the rust on everything. Look at that one there. You see?

[00:16:00]>> I mean, at that time, it was probably also expensive to to install it, right?

[00:16:05]>> Yeah. Wouldn't it be cheap?

[00:16:07]>> Yeah.

[00:16:07]>> What's in that room there?

[00:16:10]>> A bedroom, actually. A bathroom here.

[00:16:12]>> Bathroom. Okay.

[00:16:14]>> Okay. [sighs and gasps] >> I mean, >> it's actually better than I expected.

[00:16:18]>> Yeah. Right.

[00:16:19]>> They didn't even take the washing machine.

[00:16:22]>> Yeah. The squatters. They >> Oh, I'm not going in there >> here. Maybe it's a little bit. Yeah, but still the windows are Did you check the windows? It's not that bad.

[00:16:30]>> Yeah, >> you could leave the windows some of them.

[00:16:32]>> And we have the roll on shutters throughout.

[00:16:34]>> Yeah, this we already saw. It's okay.

[00:16:38]>> Should I [laughter] bring any gloves?

[00:16:45]>> Okay. Okay.

[00:16:46]>> Okay.

[00:16:47]>> Look at the TV.

[00:16:49]>> Look. Wow. That's got to be uh a museum piece.

[00:16:54]>> Remember those days? These were the good this were the the >> probably a good TV. Yeah. Like a 100 years ago. [laughter] >> Oh, there's another one. And it's color.

[00:17:07]>> Okay. If we look around, what do we have? Uh >> they certainly didn't want anybody coming in that door.

[00:17:12]>> Yeah.

[00:17:13]>> Now, uh they they have uh that home is in probate for 4 years. Okay. This home?

[00:17:19]>> Yeah. this home because there's so many parties involved and now the judge they finally ordered the sale.

[00:17:27]>> Okay, >> that's what it is. But, you know, the more people that want money, the harder it is to to divide the interest.

[00:17:35]>> M. All right, let's look at the rest of it.

[00:17:37]>> So, they had they didn't take care of the home and they had squatters in here.

[00:17:41]That's why the >> Yeah, >> that's why the garage door is parted up.

[00:17:44]>> Yeah. See here?

[00:17:45]>> Mhm. I mean, it's kind of welcome.

[00:17:48]welcoming if you go in. Nice high ceilings. So directly here is the is the is the garden or the >> correct. Yeah. This is where the view would be, right?

[00:17:58]>> So the view if we use our imagination and remove the the view would be crazy good.

[00:18:04]>> Be fabulous.

[00:18:04]>> That's that's a USB view. Okay.

[00:18:07]>> I looked at the in 1994.

[00:18:10]Uh the homes were not built with high ceilings. So it was custom designed.

[00:18:16]>> Mhm. Okay. This is the kitchen for the whole house.

[00:18:20]>> Yeah.

[00:18:20]>> But maybe you can extend it a mean.

[00:18:23]Yeah.

[00:18:24]>> Where would you extend it?

[00:18:26]>> Here.

[00:18:26]>> Here. Windows.

[00:18:28]>> You could actually make this the kitchen and that could be a pantry.

[00:18:32]>> Maybe this is the way.

[00:18:33]>> Seriously. Seriously. And in the pantry, you have the refrigerator and what have you. So, >> you're right. Here the open kitchen.

[00:18:40]>> Yeah. Coming this way so that you still have the view.

[00:18:42]>> But you think you can remove the step?

[00:18:44]>> Yes.

[00:18:45]>> Yeah. big drop or >> no no >> no.

[00:18:48]>> Okay. Because this one really outdates it, huh?

[00:18:50]>> Yes, it really does.

[00:18:51]>> Okay. I mean, Michael, we have seen the same kind of uh appliances we have seen in some houses we visited before. These are from 2000, I would say. More than 20 years old. What would you do with this here?

[00:19:05]>> Knock it down.

[00:19:06]>> Really?

[00:19:07]>> Yeah. Nobody wants that cuz this is going to be living space, right? So then >> if you could open it up, it would be everything. open it up because we have the the light coming in there. But >> but the light would come into the room rather than in >> Yeah. Then you need to install some windows >> because this Well, I guess when that's opened up, it'll be bright, but right now it's very dark.

[00:19:27]>> Mhm. Chances are high that we get enough light for.

[00:19:30]>> Yeah, I think so, too. Okay.

[00:19:31]>> So, too. You're very brave walking on the carpet.

[00:19:34]>> Okay. So, let's go around. So, this one is maybe a small office or or better than I thought it would be.

[00:19:40]>> Maybe guest bedroom.

[00:19:43]It is a bedroom.

[00:19:46]Okay.

[00:19:47]>> You can you can use it as an office.

[00:19:49]>> Where's the master? The master's down here, right?

[00:19:51]>> But right now, how many bedrooms is it?

[00:19:53]Because 2,000 ft is the swimming pool, right?

[00:19:57]>> 1,000,000.

[00:19:58]>> The question is if you if you would put the I guess here the view is nicer for the bedroom.

[00:20:03]>> Mhm.

[00:20:04]>> But over there the living room, you you should make another bedroom there, right? If this would be then the master.

[00:20:11]So you know how a lot of houses have a formal living room and then a family room. So if you made that the kitchen, this becomes a dining room and like family room that could become a formal and at the back of it could be another bedroom.

[00:20:24]>> Yeah. I think this would be the only thing is No, it has the view. It has the view. You can open up there as well.

[00:20:29]Yeah. So no problem. Okay.

[00:20:30]>> You could even make that end of it the master.

[00:20:33]>> Yeah. This what I'm saying. Maybe it makes more sense to put here the master.

[00:20:37]I mean what I like about it, it has just one. It's one floor. So for >> which is desirable.

[00:20:42]>> It is more desirable than two stores.

[00:20:45]Yeah.

[00:20:45]>> For some people. What do you think it would take moneywise to fix this up?

[00:20:50]Make it really really nice.

[00:20:51]>> Really really nice. 150.

[00:20:54]>> Not more.

[00:20:54]>> No.

[00:20:55]>> Okay. If we move the kitchen and we start building walls and the bathrooms, >> the roof in a good condition, the windows too, the the ceilings, the walls, everything is in a good condition. I would consider putting a outdoor pool in the back towards the I think that's too expensive. I think >> a jacuzzi >> or a jacuzzi.

[00:21:14]>> Yeah, >> it's certainly interesting. I think one of the big issues is being where it is and it's sailability. If we made this really really nice, price would have to be way lower than what we've been talking about because I don't think anyone would would come up here unless there was a real incentive. So I I made some research >> and I analyzed the past 2 years since 2024. Just seven houses were sold more than 1 million.

[00:21:40]>> I found five. Seven.

[00:21:41]>> Seven. Yeah. So that's a little bit on the scary part.

[00:21:45]>> What do you think? Is it possible to sell it for 1.1?

[00:21:48]>> If you have a pool, yes. Without the pool, no.

[00:21:50]>> Definitely. People want to that that that buy these homes the size they want to pull. Outside pool. Definitely. So without the pool, you're at 900. I would say 999,000. I send you the com. So that's what you're looking at. But then you have the view.

[00:22:04]>> Yeah. The view is Yeah.

[00:22:05]>> The other homes that I emailed you, they don't have the view.

[00:22:08]>> Yeah. But the view isn't worth that much. It's still the square footage. It might make it an easier sale.

[00:22:14]>> Yeah.

[00:22:15]>> Cuz it has the view >> on who's going to purchase it.

[00:22:18]>> That's right. A pool is very desirable always.

[00:22:20]>> But even within the city limits, I don't even think whether we have to, you know, to have the three ft and the it will not easy to get a good pool. I mean, >> an ingground jacuzzi, a nice one helps.

[00:22:32]>> I I I believe people that purchase these homes that size, they definitely desire a pool. Definitely >> when you look for a house, >> put a swim spa in there if you want.

[00:22:43]>> But if you go on on Zillow, right, criteria pool, right? It's >> won't even show up for people.

[00:22:51]>> Mhm. So, the the risk there is a smaller there's a there's a risk. Mhm.

[00:22:55]>> And then again, you know, what can we buy it for is is the question, right?

[00:22:59]>> 680.

[00:23:00]>> How do we know that?

[00:23:01]>> Yeah. The price is agreed already upon >> the judge signed off on it.

[00:23:05]>> Yeah. But the >> 680 something, 682 or 681, whatever we offer.

[00:23:10]>> But but um that's flexible. I mean, the judge says, "Yeah, you can sell it for that." But if there's another offer that's less, you can go back to the judge, hey, there's a offer, cash offer.

[00:23:19]>> Well, there were two offers, one for 640 and the other one for 680. And they were asking for closing cost and the offer was both offers were rejected.

[00:23:29]>> Okay.

[00:23:30]>> One was 680. Yeah.

[00:23:31]>> And they rejected it.

[00:23:32]>> Yeah. They rejected it.

[00:23:34]>> Cash offer.

[00:23:35]>> Yeah. That that's the only that the uh contingency is cash offers only because no sense at all. You can't get it financed. Yeah.

[00:23:42]>> No. So they rejected 680. They were asking for closing cost. So >> here you go.

[00:23:48]>> How much your closing cost? They wouldn't say probably I would I would I would think three points. So >> for the buyer really?

[00:23:56]>> Yeah.

[00:23:56]>> For cash.

[00:23:57]>> So 640 was rejected right away.

[00:23:59]>> Yeah. I have a hard I have a hard time with that. If if they want 682 and someone comes with 680 cash and closing cost, there's no sensible human being on the included.

[00:24:08]>> Doesn't matter. It went to probate. So it's through a court. Just go back to the court. Hey, we got 680 but it includes closing cost. Boom. Sell. I mean that's the easiest thing in the world. I can't believe that that would be refused, especially here >> because it's not the easiest sell in the world.

[00:24:22]>> Yeah. Okay.

[00:24:23]>> So, it's basically 682. That's what it's going to cost. 682 and 150 minimum.

[00:24:29]Maybe 200 if we put a pool out there.

[00:24:31]>> 50,000 for a pool would be cheap.

[00:24:33]>> Yeah. But let's say it was. So, 200. So, 680 plus closing cost 690. No, it's more than that. 700. That's 900. We're in it.

[00:24:41]>> 900. Yeah. and sell.

[00:24:42]>> And then if you sell it for a million and you've got five points, you've lost $50,000 in closing cost.

[00:24:49]>> It will be tight.

[00:24:50]>> Be very tight.

[00:24:50]>> Very tight. I think uh risk-wise it will be difficult. What do you think?

[00:24:55]>> What's the how much% on closing cost normally?

[00:24:58]>> Well, it it depends. So, I mean, you would you would chop out to the buyers agent, you chop out two points. Okay. To the selling agent, we have a flat fee of $3,000. So, you know, and then you have your property transfer tax, which is $5 and $35 per $1,000. You have your title insurance policy. You're looking at $4 to $5,000. Okay. So, and then estro fees take add another $1,000.

[00:25:26]>> H okay. Then we have the numbers.

[00:25:29]>> We have to do a calculation.

[00:25:30]>> Yeah. So, we just uh made some calculation, but this >> doesn't make a lot of sense.

[00:25:35]>> It will be not possible to generate any good profit plus the risk. We could potentially lose money on this house.

[00:25:41]>> Yeah.

[00:25:42]>> Because it could sit here for a year before somebody buys it. Yeah.

[00:25:46]>> Based on where it is.

[00:25:47]>> Honestly, it's a nice house if we could, you know, get has >> potential.

[00:25:50]>> It has potential because if you get in, you have the nice view, but to make a to make a profit, >> difficult.

[00:25:56]>> Difficult.

[00:25:56]>> Difficult.

[00:25:57]>> We are going to continue um and right now we are going to drive to a current >> project.

[00:26:04]>> Project and uh see some work of Pascal.

[00:26:08]Yeah, >> let's go there.

[00:26:09]>> Exciting.

[00:26:10]>> Yes, it is.

[00:26:11]>> How many feet?

[00:26:12]>> 6,000.

[00:26:13]>> Big house.

[00:26:15]It's a lovely neighborhood. It's a >> It's like a typical American Yes.

[00:26:21]>> neighborhood >> without HOA.

[00:26:23]>> Without HOA.

[00:26:25]>> Okay. And what is the time frame now?

[00:26:28]It's interesting to know.

[00:26:30]>> We've started for 8 days. We'll have to finish the first floor till next week, Friday.

[00:26:36]>> Okay. It's crazy. [laughter] >> That's possible.

[00:26:40]>> Will I get one of these at my house?

[00:26:42]>> Yes.

[00:26:43]>> Yeah.

[00:26:43]>> Yes.

[00:26:43]>> Okay.

[00:26:44]>> Oh god. [laughter] >> Okay. Okay. Okay. Hello.

[00:26:49]>> So, this is the Cish.

[00:26:51]The front door.

[00:26:52]>> Yes.

[00:26:52]>> It's a little bit special the layout.

[00:26:56]>> Hi.

[00:26:56]>> Hello.

[00:26:58]>> What you will do here? What will this be?

[00:27:00]>> Entrance.

[00:27:01]>> Entrance.

[00:27:01]>> Yeah.

[00:27:03]>> Nice.

[00:27:03]>> Okay.

[00:27:04]>> So, interesting. I haven't seen TVs like this in years. Today, [laughter] this is number three.

[00:27:10]>> What kind of television is this?

[00:27:12]>> It's a Mitsubishi. Mitsubishi.

[00:27:15]>> Oh, yes.

[00:27:16]>> This But it is it it has a LED screen I on the front. No. Is it not LED?

[00:27:21]>> No. No.

[00:27:23]>> Projector.

[00:27:23]>> Projector.

[00:27:24]>> Ah.

[00:27:25]>> So when it's sunny, you don't see it.

[00:27:27][laughter] >> Now it's a little bit dark here, but it will be nice at the end.

[00:27:32]>> Okay. Then you walk down here. Actually the main living area is upstairs.

[00:27:37]>> Oh really?

[00:27:38]>> Yeah you will see because upstairs you go to the garden.

[00:27:40]>> So what is this >> here? Uh we >> upstairs you go to the garden.

[00:27:44]>> Home cinema office.

[00:27:47]Guest room. Playroom.

[00:27:49]>> Wow.

[00:27:50]>> Uhhuh. Uh we are we are we are now underground.

[00:27:53]>> So this like basement.

[00:27:55]>> Basement.

[00:27:56]>> Not really because it's off the street.

[00:27:59]>> Yeah.

[00:28:00]>> So it's three levels.

[00:28:01]>> No [snorts] it's two levels.

[00:28:02]>> Two level. Yeah. Gotcha. Okay.

[00:28:05]>> Okay. So, this this level here you don't pay that much attention to right now.

[00:28:10]>> Yes.

[00:28:10]>> But upstairs is the one which needs to be done.

[00:28:12]>> Oh, yes.

[00:28:14]>> Yeah.

[00:28:14]>> So, you're going to move in here with your family and continue working?

[00:28:18]>> Yes. Here. [music] Yes. But I finished upstairs.

[00:28:20]>> Okay.

[00:28:21]>> I have otherwise my wife will kill me.

[00:28:29]>> Oh, wow. [music] >> Ah, here. But here we see some progress.

[00:28:33]It's not I mean >> you know we finished the electric parts, the plumbing parts, >> hey >> to test the parts. How long have you been working on it?

[00:28:41]>> 8 [music] days.

[00:28:42]>> It's fast. Yeah.

[00:28:43]>> Yeah.

[00:28:44]>> So, okay. So, we just went upstairs.

[00:28:48]We parked below and there's a car here.

[00:28:51]>> How is that possible?

[00:28:53]>> The backyard is back. That's why we bought the house.

[00:28:57]>> Oh. Oh, this is all yours.

[00:29:00]>> Yes. Oh wow.

[00:29:01]>> Wow.

[00:29:03]Wow.

[00:29:04]>> This is huge.

[00:29:05]>> This is amazing.

[00:29:07]>> That's why we call the house.

[00:29:14]>> Wow.

[00:29:16]Look at this.

[00:29:19]>> Are you going to have horses?

[00:29:21]>> No, not now, but maybe in the future.

[00:29:24]>> Big pool.

[00:29:25]>> The palm tree. This one was probably crazy effort to take it down. Yes, it's super heavy, but it was bad.

[00:29:32]>> What you going to do with the tennis court? You want to kind of redo >> the the finish, the tennis finish?

[00:29:38]>> You're going to make it new again. And then I'm going to come over here and play tennis.

[00:29:42]>> We were supposed to play tennis.

[00:29:44]>> You're right.

[00:29:44]>> I got all the equipment and we never showed up.

[00:29:47]>> We play tennis.

[00:29:48]>> Cool.

[00:29:49]>> Home and away.

[00:29:50]>> I think it's the regular tennis court size. The official, I think.

[00:29:54]>> Yeah, it looks like it. Yeah.

[00:29:56]>> Big place. Amazing. Big place.

[00:29:59]>> Yes.

[00:30:00]>> Wow.

[00:30:00]>> But overall, this project will take half a year or >> no.

[00:30:06]>> 3 months should be finished.

[00:30:08]>> Yes.

[00:30:09]>> 3 months.

[00:30:09]>> I have to. My family's coming in July.

[00:30:12]>> Actually, let's see inside.

[00:30:14]>> But here you see you you drive uphill.

[00:30:17]>> That's amazing.

[00:30:20]>> So you can put cars on the side. So >> where is the kitchen?

[00:30:24]>> Uh here is the dining table. Yeah, that is here on this part big island and kitchen.

[00:30:38]>> Yeah. Master bedroom.

[00:30:40]>> Master bedroom.

[00:30:41]>> What was here?

[00:30:42]>> I don't know.

[00:30:45]>> This is bonus room, right?

[00:30:47]>> Yes.

[00:30:48]>> Table. Yeah. Video table.

[00:30:50]>> Video games. Yeah.

[00:30:55]Are you cabinet or only here? No, just the whole ones. Unless others they look good. Yes, more or less. Okay. Bonus room.

[00:31:06]And then master bedroom must be >> here. Oh. Oh. Uh. Oh.

[00:31:12]>> Toilet. A bit big thing. Uh.

[00:31:16]The table for the makeup table is here.

[00:31:19]>> Oh. Oh. Oh. It's blue.

[00:31:23]It was more like that.

[00:31:24]>> Really?

[00:31:26]>> What was it?

[00:31:27]>> It was like that. I don't know.

[00:31:29]>> Okay.

[00:31:29]>> Should we shoot?

[00:31:32]>> Yeah. [music] >> Okay.

[00:31:36]>> This was already here.

[00:31:37]>> Yes.

[00:31:38]>> Bigger than bigger than I I thought.

[00:31:41]Yeah.

[00:31:41]>> It's a big house.

[00:31:42]>> Big house.

[00:31:43]>> Yeah.

[00:31:44]>> And then here you can directly walk outside. That's nice.

[00:31:46]>> Here we have a big shower. It's actually a super big shower like like this old shower.

[00:31:54]>> Oh, that's nice.

[00:31:55]>> Very nice. Wow. This is going to be cool.

[00:31:57]>> Yeah. And here if you make some nice plans, this will be like a private garden.

[00:32:03]>> The turf.

[00:32:04]>> Turf. Yeah. Oh, this guy. I know. Huh?

[00:32:08][laughter] >> Okay, great. Yeah. So, let's let's check out the you know, in a in a few weeks you >> Friday. Next Friday it's done here.

[00:32:18]>> Okay.

[00:32:19]>> Really? Here? Yes. This floor? Yes. Uh next Friday we do the primer today and uh the final paint today. Tomorrow uh we start with the floor and the kitchen.

[00:32:32]>> Yeah. So next Friday you you >> here?

[00:32:36]>> Yes.

[00:32:36]>> So next Saturday, one week from today, we should come back. Come back.

[00:32:42]>> Uh yeah.

[00:32:42]>> Okay. This this will put you on the test.

[00:32:45]>> Yeah. Our viewers will go crazy >> if if this will happen.

[00:32:49]>> Yeah.

[00:32:49]>> Okay, let's find out.

[00:32:51]>> Saturday here, same time.

[00:32:52]>> Saturday here, same time.

[00:32:53]>> Okay, we have we have a go.

[00:32:55]>> Okay, >> sounds good.

[00:32:58]>> Guys, we are at the end of this video.

[00:33:00]We showed you everything what happened and um then I see you in the next video, Saturday, same time, this place.

[00:33:06]Bye-bye.

[00:33:12]>> [music] [music]