All language subtitles for Backed.by.the.Bros.S01E02.1080p.WEB.h264-FREQUENCY[EZTVx.to]_[English] (SUBRIP)

They've done
investment properties before
so they should know something.

If they don't know
a little something,

they're about to learn
a little something.

Massive undertaking,
potentially massive profit.

It smells like money.

[Drew]
We just wanna help people

get into good investments

or to help save them

from what's turning
into a bad investment.

I don't know what I'm doing.

I've never flipped
a house before.

[Jonathan] Had you rented it
out from the beginning,

you would have made
over $400,000.

Ah!

[Jonathan]
So we wanna back you guys.

[yells] Thank you so much.

$100,000?
You're freakin' nuts.

What you're looking to do with
this house seems impossible.

We made so many mistakes
early on,

I wish we had a mentor
who could tell us,

"Oh, no, guys, bad idea,
rookie mistake."

They're already 200 grand
in the hole.

Obviously, this is the worst.

On paper,
some things can look great.

In person,
whole different story.

We got a problem.

You gotta tell these guys

to stop everything right now.

If they don't get this right,
I think they're done.

[woman] This is life-changing.
This is gonna turn

the page to my career.

Who wants to make some money?

[instrumental music playing]

[upbeat music playing]

[Jonathan] If you wanna be
successful in business,

you have to just work

at finding solutions
and finding them fast.

That couldn't be more true
for the real estate realm.

There are 1,000 problems
that get thrown at you

every single day and you just
have to deal with them,

find a solution, and move on.

[Drew] We wanna help investors

make the best choice possible

and we wanna educate them
along the way

on what we've learned
over the years.

[Jonathan] We're taking
a pitch from Frank.

He's got a big problem

because his North Hollywood
fourplex caught fire.

We get a lot of investors
reaching out from this area

because it's up-and-coming
with galleries, clubs, cafes.

They're all drawing buyers
and renters.

The income potential
is definitely there

and that's what
brought us back.

[Drew] Totally, yeah.

So he has owned this building

for like 20 plus years,

had a fire
in the back building.

So the insurance company
is gonna give him

-500 grand and...
-[Jonathan] Oh, wow.

[Drew] he can rebuild.

-Frank?
-Yes.

-How are you?
-Oh, my gosh. Hello.

-Nice to meet you.
-Hi. Welcome to my nightmare.

[Drew] Was the fire just
the back unit or was--

-Fire was the back unit.
-Oh, okay.

2:00 in the morning,
I hear pounding on my door.

It's my tenant running up
and down the driveway

with his dog, screaming,
"Fire, fire, fire."

-[Drew] Oh, my God.
-I look back and I see flames.

So is it...
So it's gutted right now?

Yes. Yeah.
Come on, I'll show you.

So how many units in the back,
how many units in the front?

-Four units and two units.
-Oh.

Right now,
this is where I live.

A guesthouse and a fourplex.

[Jonathan]
I thought the entire property

-was just four units. So...
-[Frank] No.

[Jonathan]
you have six here? Oh.

-[Frank] I have six, yeah.
-Were there any injuries?

-Was there--
-[Frank] No, no.

There weren't any injuries.

And, originally,
the fire started in the back.

He was like smoking
on the couch

and the couch went up
in flames.

-Yikes.
-And then it burned up

the side of the building.

The fire department came,
put it out,

and then I looked up,
I saw glowing.

-Oh, no.
-And I said,

"I think there's fire
in the attic.

And giant flames. The whole
attic was in flames.

-[Jonathan] Wow.
-[Frank] Burned the roof off.

It was a four-alarm fire.

There must have been
25 firemen here.

It had caused so much smoke
damage, so much water damage.

The roof had burned off.
It was... It was devastating.

It was one of the worst
days of my life.

They came in with engineers
and everything

from the insurance company

and it was just the roof
and the back area.

And, here,
I can show you back here.

-Oh, yeah. So you see--
-[Frank] This... Yeah.

This is where the fire was.

So it just went up
the wall there and...

It just went up the wall
and the whole roof

was engulfed in flames.

My heart sank.
Absolutely sank.

Of the four units,
how many were rented?

-All of them.
-[Drew] What was your rent at?

-Were you at market value?
-[Frank] No, no, no, no, no.

They were paying like $1,000
a month, basically.

The downstairs studio unit
was $1,100.

-The really large single,
$975.
-Oh, wow.

[Jonathan] The thing is,
a unit that size

usually rents around $1,500.

So you were completely
undervaluing them.

When did the fire happen?
How long ago?

[Frank] A year... Over...
A little over a year ago.

-You had no income
for over a year?
-For over a year.

-Okay.
-I mean, I'm dipping
into savings.

It's bad.
It's a bad situation.

I have to pay the mortgage.

I have no income.

I literally have three months
before I'm in big trouble.

Honestly, at market value,

one unit would pay
the mortgage.

-What's the mortgage at?
-$340,000.

$340,000.
And what's the building worth?

[Frank] About $1.2, $1.3.

-$1.3 million.
-Well, as is right now,

you're probably
under a million.

Obviously, it's not worth
as much right now

because you can't live in it.

I get calls every week
from somebody

-wanting to buy the property.
-Yeah.

I don't wanna sell
the property

because this what I'm hoping

to be able to live on.

-[Drew] Your livelihood.
-Yes.

[Drew]
You've had this for how long?

[Frank] Twenty years.
It's like a business for me.

My goal is to take
what has been a nightmare

and sort of turn it
into a dream

and get it to more
of a market value.

[Jonathan] Well,
since this is your livelihood,

you need to get it fixed up.

It would be great
to get your tenants

back in here
within a few months.

And permits are good now.

-You have--
-[Frank] Permits are good.

If I wanted to keep it
a fourplex, I could do that,

but it would be another
six months

-in the permitting process.
-[Jonathan] Oh.

It's ready to go if I'm
willing to make it a triplex.

[Drew] Yeah,
permitting takes a long time.

[Jonathan] Let's jump inside.
I wanna see...

-Okay.
-what we're looking at.

Prior to the fire,
it was a fourplex.

The upstairs were two
one-bedroom,

one-bath apartments.
A mirror image of each other.

The exact same floor plan.

The downstairs
was a studio unit

and then a single apartment.

-So this is the single unit.
-[Drew] Yeah.

Look at the termite damage.

A lot of termite damage.

-[Jonathan] Are they active?
-[Frank] No.

[Jonathan] Have you ever
tented in the last 20 years?

-[Frank] No.
-[Drew] Yeah, that's the way

-to get rid of them.
-Yes. There was...

Like that old alcove there...
Over there pretty much

was where the bedroom was.

This was the kitchen

and then the bathroom
over there.

-It's the biggest unit.
-[Drew] Yeah.

I mean, there's a lot of room
to work with.

This is not functional
as a bedroom.

I mean, this is so narrow
and skinny as a bedroom.

This looks like a bedroom.

-[Frank] Right.
-[Drew] And I actually think

it's kind of interesting
having the access

to the backyard off
the bedroom too, potentially.

Do you keep these areas
just private for these suites?

[Frank] This area
is for this apartment

and then that area
was for the other apartment.

[Jonathan] Personally,
you know, one bigger unit

could work out better
than two.

In North Hollywood, I can get
more money for one

two-bedroom two-bath
than I would for two studios.

And spending the right amount

on this space back here
because in LA,

if you have an amazing
outdoor space,

you are getting
an amazing rent.

-Yeah.
-This is your business...

-Yes.
-over here.
Your business is failing,

so we need to revamp this
so you can actually

-open your doors
to a customer again.
-[Frank] Yes.

What are the top things

that will get you
better renters,

that will get you
better rent?

-[Drew] Outdoor spaces.
-Outdoor space is huge.

[Drew] A huge thing.

Any time you can give someone
a little extra square footage

or a little extra space.

An outdoor area that feels

like comfortable indoor living

-is considered
extra square footage.
-Yeah.

If I was pricing the work
that had to happen here,

500 grand
to complete all of this,

I can already tell right now,
we will not be able to do

the entire structure,

inside and outside,

plus the yard.

We're not gonna have enough
money for that.

-Wow.
-[Drew] That backyard

is critical in order

to get the best market value

out of that downstairs unit.

-We wanna be realistic...
-Right.

and if we don't think
what needs to be done here

can be done
within the $500,000 or...

-Right.
-$550,000, I don't know

if this is the right project
for us.

As you know too,
we have other properties

-that we're looking at.
-Right, right, right.

There are only so many people
we can... We can back.

If you guys don't do this,

I'm gonna have to go,
probably,

with the insurance
company's contractor

and it's certainly
not gonna be

what you guys would be doing.

The insurance company
is only focused

-on getting it livable.
-[Frank] Right.

We know that the actual focus

should be what is going
to get you the best rent.

And I don't know
how much longer I can do it

out of my pocket
to pay the rent.

I can imagine if this
is your only source of income

and you haven't had that
for a year,

that only compiles
the stress.

Yeah.
And I'm really desperate.

I hope that you pick me

because without you, I'm lost.

We'll put some thought into
it and we'll touch base with
you, okay?

-All right.
-[Drew] Thanks, man.

-Thank you so much.
-Thank you.

-Thank you so much.
-We'll be going.

[Jonathan] I feel for him
because he really has no idea.

He couldn't do this
on his own.

I can understand
not having any income

for over a year is stressful.

We also need
to take emotion out of it

and we need to make
the decision

based on where we can actually
make the most...

-[Drew] Impact.
-[Jonathan] impact.

I appreciate the way
that the brothers

were honest with me.

It might have been a little
bit of tough love.

I get that.

[Jonathan]
He's in a great situation

for the fact that insurance
is paying.

[Drew] If we don't do this
and a contractor

from the insurance company
comes over and does it,

he's not gonna be able
to max out

-what the value of those are.
-[Jonathan] No.

They're just going
to get it livable.

-All right.
-[Drew] Okay.

I'll see you in the next one.

[upbeat music playing]

[Drew] Some of these investors
have a dream

of where they wanna live,
the kind of house they want

for their family,
and so they're getting

into these investments
as a way

to increase
their annual income.

I want that for families.

[Jonathan] We are willing
to offer our resources.

We're just not willing
to waste our time.

[Drew] So we weigh risk
and reward

to see if the project
is worth our contribution.

If somebody
can take advantage of this

and they're willing to work,
we'll make it a success.

-All right.
-[Drew] So...

-[Jonathan] Hey.
-[Drew] It's been a minute

-since we've been over here.
-I know, eh?

[Drew] We're in picturesque
View Heights,

which has both upscale homes

and smaller, less pricey ones

that really appeal
to both buyers and renters.

Rental vacancy rates
are just 1%.

[Jonathan]
We just came from Frank's.

We're at Gil
and Jessika's house.

They have a very different
project.

Theirs is a garage that
they wanna convert to an ADU.

[Drew] They've done a bunch
of projects in the past

but it sounds like
they've sort of just learned

a little something and they
just continued to do that.

[Gil] Over the last 15 years,

Jessika and I have purchased

and sold about 10 properties.

Hi. I'm Jessika.

The brothers
can absolutely help us

with their expertise.

[Gil] They have a Midas' touch

-and we want to touch that.
-[chuckles]

[Drew]
Tell us a bit about the place.

I mean, how long
have you had this house?

[Gil]
We've had this since October

the previous year.

And our plan is essentially

to turn this into an accessory
dwelling unit.

Our budget is $150,000.

We have our plans
that are going through.

Maybe in the next three
or four weeks,

-we'll get the permits.
-Wow.

[Jessika]
We were married 23 years ago.

We started
with a fourplex unit

'cause we couldn't really
afford a house.

So you lived
in one of the units,

-rented out the other three?
-Yeah.

We first thought,
"Let's remodel the house."

But Jessika said, "No.

We're gonna take our money
and we're gonna create

some additional passive income

that's gonna allow us
to remodel the interior."

-[Jessika] The interior.
-[Jonathan] That's actually
pretty smart.

It's an asset that's gonna
continue to generate for you.

Yes. It adds instant value
to the home.

-[Gil] Yeah.
-[Jonathan] Oh, yeah.

[Drew] Do you plan on staying
in this house?

-[Gil] Three to five years.
-[Drew] Okay.

Three to five years?

Do you have any rentals
right now?

[Jessika] Yes. Two homes.

All of your properties
are rented right now?

-[Jessika] Yes.
-[Jonathan]
This is like the perfect area.

Any pushback
from the city at all?

'Cause it is getting a little
bit low toward the back...

-[Gil] Yeah.
-[Jonathan] of the unit.

Our plan is to...

-Raise the ceiling.
-raise the roof.

-Okay.
-[Jessika] Yeah.

And then the bedroom,
which would be off of this

side is 140 square feet.

-So we're pushing out.
-Oh, you're doing an addition?

-We're doing an addition.
-Oh, okay.

-[Gil] So--Yeah.
-[Jonathan] And you're okay

with what it'll do
to the yard?

-Like--
-[Gil] Yeah. So--

Can we go see
on the side here?

[Gil] So we think
that it'll generate

$2,500 to $2,800.

This will be where the bed is.

Off of this area
will be a sliding glass door

to this garden area.

[Jonathan]
That is extremely tiny.

[Drew] There is a chance
that that could feel

like a prison cell block,

like 10 by 10 almost.

Okay, this is something
we didn't think about.

[Drew] Your bedroom idea
is great

because that's an extra
140 square feet.

-Yes, yes.
-That's amazing.

That's what people
are gonna pay for.

-Just having [indistinct]
-[Jonathan] I'm gonna disagree

with the bedroom sticking out
into the yard.

You want this property
to appeal

to as many buyers as possible.

By doing that bump-out,
you're sacrificing the yard.

I agree with eating
into the yard,

but I think
if you dress it properly

and you have the right kind
of buildup

for a garden back there, it
can still be very appealing.

That's gonna affect
resale though.

And if you're gonna resell
in three to five years...

-You have to make a decision.
-[Jessika] Mmm-hmm.

Is it more important that
you have better rent revenue

or is it more important
that you have a better resale?

You're not gonna always
get both, so--

-Mmm-hmm. Mmm-hmm.
-We can't back everyone.

We only have so many
resources and time.

-Yes.
-What do you really, really,

-really need from us?
-Jessika and I personally feel

like we've sort of
plateaued...

-[Jessika] Yes.
-[Gil] with our experience.

We're looking to get
to the next level.

At the end of the day,
it will be your decision

as to whether or not
you would listen to us.

-[Gil] Yes.
-But you're open

and you also feel like
you're realistic.

-Absolutely. Yeah.
-Absolutely, yeah.

-100%.
-Well, I appreciate your time.

-Oh, my gosh.
Yeah, you guys, this is great.
-Yeah, thank you so very much.

We're really desperate to get
the brothers to help us.

These guys, you can tell
that they just wanna learn.

I have a little hesitation.

I kind of get the feeling

that they need less
of our help

when it comes to this actual
specific project

and they're just more
interested in taking a class

from the Jonathan
and Drew school of real estate

as opposed to us specifically

getting them
through his project.

[Drew] So this project here,

it's $150,000 in.

Potentially,
they'd be able to take that

rental unit up
to about $2,500, I think.

Maybe $2,800
if they really get lucky.

The value after we're done
will probably be

about $250,000 or more, so--

[Jonathan]
Looking at Frank's numbers,

he wants to put $500,000 in.

I mean, that will add
$600,000 to $1 million

of value to the property.

The insurance money
is paying for the work.

However, I think the cost
is gonna be over $500,000,

depending on what he wants
to do in that outdoor space.

If he goes another year
or two without any income,

that could completely
cripple Frank.

This could turn
into a much longer project.

You know, we don't have
the resources to help both.

I would say...

[dramatic music playing]

We don't have the resources
to help both.

Right. So we should back
whoever needs our crew

and our guidance the most.

-I think Frank.
-[Jonathan] Yeah.

I think Frank needs it.

Thinking of the business
decision,

I still think Frank's property

is the best opportunity.

I mean, that fourplex,
even making it a triplex,

that's gonna bring in 7,500
bucks a month.

We already gave Jessika
and Gil our advice,

and I don't think
they'll need us

to finish their project
successfully.

-Okay.
-[Drew] It's Frank.

-Let's give him a ring. Yeah.
-Let's give him a call.

[line trilling]

-Hello.
-[both] Hey.

Hello.

How you doing?

I'm very stressed. [chuckles]

We've got one crew coming
available right away.

And we did look
at another project.

We've weighed a lot of the
pros and cons back and forth.

We wanna back you
because we think

it can really help you
get this project done.

[Frank] Oh, my God.

Are you serious?

Thank you so much.

[Drew] We just wanna be
realistic from the get-go.

Knowing we'll be going
to the backyard,

this will probably go
over $500,000.

We're gonna do everything
we can to keep it down.

[Frank] Whatever I have to do,
I'll make it happen.

I'm so grateful.
Thank you, guys.

This is gonna change my life.

And I won't let you down,
I promise.

All right. So let's try and
get you some renters in there

as soon as possible.

I'm looking forward to it.

-This is gonna be good.
-[Drew] All right.

[dramatic music playing]

[Drew] What we wanna do
in this property
is not what Frank wants.

We wanna do what renters
wanna see in this area.

We wanna get premium rent.

We need to do
what appeals to them.

Make sure we stick to budget

'cause he's working off
insurance money.

[Jonathan] Sometimes
when insurance is paying,

you don't think as critically

as when it is your own money.

-Hey, guys. Hi.
-Come on down.

[Jonathan] That's why
we're providing Frank

with project manager
and contractor, Adam,

as well as designer, Gianna,

who can stay on top
of the budget.

This is a value
of about $50,000

that Drew and I
are footing the bill for.

They're both super talented.

Adam is awesome

at keeping the esthetic
that he want,

adding the function
that you want,

-but not paying that premium.
-Right.

[Drew] Gianna is really good
at designing on a dime.

What she'll do is lay out
all the options,

-picking the best one.
-Yeah. This definitely needs

an update to kind of bring
to the comparable rentals

that are going on
in the neighborhood,

which is the Spanish bungalow

or bone-colored stucco,

black windows,

very modern
to elevate the space.

-Right, right.
-Comparable to the newer,

higher end finishes
that are being seen around.

Yeah. And I think that's
a selling point.

We're not gonna have Spanish
shingles to save on cost...

but I think doing like a nice
black composition shingle,

-get this insulated,
get all the windows in.
-[Frank] Right.

[Jonathan] Since Frank already
has permits for a triplex

and he agrees that that's a
better use for this property,

we've tweaked the plans
to really make this fourplex

the best triplex it can be.

The fact that we now have
three instead of four
kitchens,

that's saving us
a ton of money.

-[Frank] Right.
-[Jonathan] The main floor

is now a two bedroom,
two bath

and we've moved the kitchen
into the middle.

We're thinking like
this needs to be opened up

a little bit 'cause the space
is feeling a little tight

-in here for the kitchen.
-Yeah.

[Jonathan] Yeah.
So we'll push back the walls

and open up the kitchen area
to the living
and dining space.

We only have so much room
to put like a dining table

and a couch, so people wanna
have little areas

and not feel like
they're stuck.

And then this is where
it could open up potentially

-to a peninsula.
-Oh, wow.

[Jonathan]
It'll be a modern space.

And we'll continue that look
in the two units upstairs,

keeping it consistent.

[Drew] There are a lot of
things any renter wants.

They like an open flow

from their living room
into the kitchen.

If you can make your rental
unit look better

than every other one that
a tenant is gonna look at,

-you're gonna win.
-There is something to be said

for strategic design.

-Right.
-[Jonathan] We're all here
to mentor you

over the next 12 weeks until
you get this project done.

You're gonna make
the final decisions.

-Yeah.
-And hopefully it's something

that will pay off
in that higher rent.

Well, my incentive
is to get this rentable

as soon as possible
because I'm losing money.

We're not gonna push you
to any decisions...

-[Frank] Right.
-but those decisions
need to be made.

But there is one decision

that's gonna be a little bit
trickier for you to make.

If you can follow me.

We have our massively

-underwhelming backyard space.
-Oh, jeez.

[Jonathan] This is one
of the biggest assets

-you have on the property.
-[Frank] Right.

The downside is this is not
covered by insurance.

-Right.
-This would be out
of your pocket.

I mean, you can tell me how
much, how little you wanna do.

Even if we have
a little deck over here,

10 by 10 or something
like that,

put in an irrigation system
for your plants. What else?

-[Drew] Better privacy wall.
-[Jonathan] This screen across

the back I think would be key.

Give you that full
height privacy

and something that looks good.

I mean, the screening alone

would be like $5,000.

I mean,
bare minimum cost back here

that would have to come out
of your pocket

-would be like 20 grand.
-Wow.

[Jonathan] And you'd have
to commit to that amount

by 10 weeks into this job
or Adam can't oversee it

'cause he is on
to the next one, so--

I'm scrambling already,
you know,

to pay the mortgage
and everything

without any income coming in.

[Drew] If you can't come up
with the extra money,

he's gonna have
to skip the yard.

Which I think
is a huge mistake.

This small investment now,

$20,000, maybe $30,000,

would get him hundreds more

every single month
in perpetuity.

So it's kind of
short-term thinking

if he doesn't tackle that now.

I would have to scramble
to get it.

-I would see what I could do.
-[Drew] See what you can do.

We're leaving you
in very capable hands.

They take over from here.

But the quicker
we can get decisions made,

the quicker we can have this
transformed to get tenants in.

I'm gonna need life preserver.

-That's what these guys are.
-[Gianna] Yeah.

[Jonathan] They're gonna be
watching your back.

They're gonna be watching
your bottom line.

-[Frank] Right.
-Keep this ship going right.

-Thank you so much.
-Get that momentum moving.

-Absolutely. I'm excited.
-[Adam] Thank you.

-[Gianna] Yes. Bye.
-Bye, guys. Thank you so much.

-[Gianna] See you.
-[Frank] Thanks.

[machine whirring]

[Drew] The first thing that
has to happen with this place

is we have to finish
gutting it.

Make everything safe,
get everything prepared,

and then start framing out
for the new floor plan.

[Jonathan] Yeah, from there,
Frank can start
making decisions

about the layout and design
for these new apartments.

[Frank] Having Drew and
Jonathan back me,

it's making it
a little easier,

but it's way more than I ever
thought it would be.

Oh, man.

This is not good.

[machine whirring]

[Drew] Of course,
it hasn't even been a week

and I already have a text
from Adam saying

something is worse
than we originally expected.

Frank's stairs to the second
floor apartments

have termite damage.

The pictures look nasty.

-So...
-[Adam] Yup.

we had budgeted to do some
replacement, right?

Yeah.
We budgeted to do what we saw.

All the rotten wood, termite
damage, that was included.

This was covered
with stucco still.

I was hoping
for the best but--

[Drew]
Well, it looks terrible.

I don't feel safe

-standing under this.
-[Adam] I know.

[dramatic music playing]

[Frank] Hmm.

I don't feel safe
standing under this.

-[Adam] I know.
-[Drew] Yeah, these stairs
are a nightmare.

That's the thing, when you
start to pull everything back,

you find the surprises.

[Adam] I wasn't planning
on reframing

the upper deck area
and obviously this...

-[Drew] Yeah, yeah.
-[Adam] needs some work.

What's the new cost
for all this?

It's six to seven grand
to reframe it.

Ugh. This is the kind of thing
you hate to see.

You budget for what you think
you have to replace

and then you see there's
a lot more termite damage

than we thought there was.

It's missing
structural integrity,

so we have to rip out
the stairs and build new.

That's over $6,000.

The more we find stuff like
this... Watch your step.

We have to find savings
elsewhere...

-[Adam] Right.
-[Drew] in order to pay

for things like this
that creep up.

-Okay. Making some progress.
-Yes.

[Drew] These are the two
one-bedroom units.

[Gianna] So the enclosed
kitchen is an issue.

So we're gonna have
to open this up.

And I would like to bring

-another peninsula here.
-[Drew] Perfect.

We'll do that for the kitchen
in both spaces.

It's so small
that you can't have cabinets

-on both sides.
-[Frank] No, no, you can't.

[Drew] I'm with you if there
was a way for us to be able

-to add a bit more counter
space or something.
-Just a little more, yeah.

Nobody wants to have a tiny,
closed-in kitchen.

Opening up that one wall,

adding some lower cabinets
and countertop,

it's gonna just make
everything feel bigger.

Of course, it'll cost more
to add these peninsulas

because it's more material
and more structural changes.

I think we're gonna have
to get another slab
of countertop.

-So we have our two feet
per cabinets.
-[Gianna] Two feet. Mmm-hmm.

-Three-foot walkway.
-Way to go.

Three foot to the walkway.
Okay.

We are absolutely fine
to put another

-bank of cabinets here.
-[Gianna] Correct. Uh-huh.

[Drew] So I like that idea,
'cause what felt like

a tiny kitchen, you now have
almost five feet of cabinets.

-[Gianna] Yeah.
-[Frank] Wow.

There'll be a little bit
of added cost

because of the peninsula here

as well as beam work up top,

but it's gonna make these
suites more valuable.

[Frank] Well, it sounds good.

I just wanna make sure
that I can afford it.

[Gianna] I did find some
flooring options...

-[Frank] Oh, good.
-that might save some costs

that we can take a look at.

[Drew] We can add
and subtract costs

as long as we stay
within the $500K

for the insurance payout.

Here's three options.

LVP flooring is 70%
stone composite.

It has grading for heat,
so it doesn't warp.

[Drew] Oh, really? You mean
if the building burns down

-the floor will stay intact?
-I wouldn't...

-Don't say that.
-[Gianna] Listen.

-[Drew] Too soon? Too soon?
-[laughs]

[Frank] I like these.

Is there a big price
difference?

[Gianna] It's negligible.

LVP has improved so much.

You're gonna have a bit
better sound barrier
I think with this.

Far more durable
than a hardwood.

[Frank] I like it.
I like it a lot.

[Drew] One thing to keep
in mind as well,

we have a lot of these
materials we're using

on multiple projects,
which means we can get

-better pricing.
-Oh, great.

So anything we can get
that can bring your cost down,

we absolutely will do
because there

are areas that Gianna
and Adam were telling me

that we're gonna have to spend
a bit more on.

[Frank]
Oh, no. Not the backyard.

[Gianna]
I'll see you guys later.

[Drew] Yeah. See you later.
Thanks, Gianna.

Okay. I know what
you had allotted

-for budget was the building.
-Right.

[Drew]
That's your insurance money.

So we crunched the numbers
for out here and...

-[Frank] Right.
-it's 20 grand.

There's no way we can get
this down under that,

otherwise we'll finish
and it's gonna look like this.

[Frank] No, no.
This is ridiculous.

I believe that doing it
is going to be able

to make it up on the backend

because when somebody
comes out and sees

that they have
a really nice backyard...

-[Drew] Yeah.
-[Frank] I can up the rent.

And, you know,
I'm looking to, you know,

raise a little bit more money.
Absolutely.

I mean, you know,
my sister owes me money,

so I'm gonna hit her up and
pay back the bank of Frank.

[Drew] It's time
to call on those loans.

You've been sitting
here with no tenant

income for 15 months.

It's time to change all that.

My job is to find
off-cut material,

leftovers that we have
that we can give you.

Your job is to find
more money.

-All right. All right.
-Yes.

[Frank] I got a lot of things
to consider.

I've got some, uh, math to do.

[Drew] Anywhere
we can help Frank, we will,

stretching that budget
with appliances

that we have or other
materials for his backyard.

The one thing that's a little
weird for me

is I wanna make sure
we have enough money

to get the project done
and I'm not sure if Frank's

gonna have the money he
needs. At the end of the day,

we'll try to bring as much
as we can to support Frank,

but this is his project.
He's the one

that has to come up
with the money,

so we'll see.

[machine whirring]

[upbeat music playing]

[Gianna] You know,
we can take a look at that,

but I think that will be good.

Okay. That's exciting.

I have some other samples.

What is great
about the brothers

being able to back Frank

is that I have access
to their warehouse.

-Here we are...
-Oh, wow.

in the warehouse.

This is where
they store everything

-for all their projects.
-Wow.

There's a great inventory
we are able to pull from,

which will help offset
Frank's budget.

If something is not
already tagged

then we can tag it
for ourselves.

-Oh, my gosh.
-[Gianna] This is provided.

So we can really
work with it here.

-This is so cool.
-Yes.

[Frank] I like this.
I like the hexagons.

Yeah. This is good for
like the main floor

-of the bathroom.
-I like that.

This would be good
for the shower, you know?

[indistinct]
little bit of penny

-and then for walking
on that--
-Oh, yeah.

I like the penny tile.

What kind of grout
are we doing?

So we have like a charcoal

that will kind of
like set it out.

It has that designer touch,

which makes the difference
between $1,500 a month

and getting $2,000 a month.

Oh, microwave drawer.

[Frank] Oh, yes. I like that.

[Gianna] First floor kitchen.

[Frank] Where the people
are sitting in the...

-On the kitchen side.
-[Gianna] Like the peninsula.

-Yeah.
-[Frank] I like that a lot.

-Let's tag it.
-Yeah. Tag that.

[Frank] Boom. Oh, my gosh.

This is exciting.

I have some countertop
samples to show you.

-[Frank] Oh, good. Okay.
-[Gianna] When you design

for a rental,
you have to think

of choices that are not a fad.

So this looks
like marble, right?

-[Frank] Right. It does.
-It's engineered stone.

So you have a look
of marble...

[Frank]
Okay. I like that a lot.

-But without the cost.
-Got you.

And they're gonna last
and stand the test of time.

I would like to do wood,
but I don't know

if that's gonna be possible

with money and time.

Okay. I think I'm
leaning towards that one.

-[Gianna] Okay.
-Yeah.

Like the veining detail.

A traditional marble
like black and white.

-[Gianna] Yeah, yeah. Okay.
-[Frank] It's classic.

-[Gianna] Yes.
-Yes, the rent just went
up $200.

-[Gianna] Yes, it did.
-[Frank] Okay.

[Gianna]
I like that. All right.

So we got cabinets,
counters, microwave,

tile, and it's not gonna
cost me an arm and a leg.

-We're making progress.
-Yes.

[upbeat music playing]

[machine whirring]

[Frank] There's always
something to figure out

with the contractors.
From in the morning

when they get here at 7:00
until they leave
in the evening,

I'm watching everything
that's going on.

[machine whirring]

So were you able to pick the
stucco color?

[Frank] I did.
I think we're gonna go

with sort of the bone white,
so it'll kind of pick up

that Spanish
modern bungalow style.

-[Adam] Love it.
-[Frank] And with the
black trim,

-I think it's gonna
look great.
-[Adam] Yeah.

It's been amazing,
the progress.

I mean, remember
I sat for over a year

with nothing being done.

You know, I had no roof.

I had no walls.

[Adam]
Got your interior doors.

-Nice. I like it.
-Yup.

[Frank]
And now it's all happen--

[Adam] I wanna talk
to you about this backyard.

[Frank]
Oh, my God. What a mess.

I don't know if you can
pull the trigger yet...

-Right.
-or you can or can't...

-Right.
-I don't know,
but I do wanna clean this up.

Anything that you can do

-to help me save money...
-Yeah, man.

I'm trying. You know,

we've had other expenses

come up that I've
had to put money to.

-Yeah. Yeah.
-But this has always

been something that's
been my priority.

My goal is to be able to have

the money to be able
to do this.

-All right, man.
-The backyard, it's really

a great benefit to have that.

I mean, if you weigh
the pros and the cons,

there really are no cons
at all other than the price.

If we can follow through
with Drew and see

if he can get us a deal
on bricks or something.

You know,
my units before were very

well-priced, under budget.

If we can afford it,
a nice brick walkway.

[Adam] I would recommend
decomposed granite.

Okay. It might be more
of a champagne budget

-with my beer dollars.
-[laughs]

[upbeat music playing]

-Hey, Jonathan.
-[Jonathan] Hello.

How are you?

You caught me
on a lunch break.

Oh, okay. Well, I wish
I was on a lunch break,

-so--
-Is everything good or...

You look
a little bit stressed.

You know,
I'm a little bit stressed out.

Just... You can see
all of the cabinets

that haven't been put together
yet, stuff like that.

-Got a problem...
-[Jonathan] Yup.

with our electric.
It's a mess.

I'm living
in a construction zone.

So I'm trying to deal
with all of that.

Hold on one sec.
Hold on one sec.

You are not living
in the construction zone.

You have a house right
next door there,

so I deal with this
day in and day out.

Hundreds of projects.
This is normal.

This is not normal for you...

No, it's not.

so it probably
feels more stressful.

It is okay.

Cabinets don't fit sometimes.

Sometimes you have
to swap fixtures.

Things...
You know you have to pass

electrical inspections,
so be ready.

I'm actually gonna be
in the area

tomorrow late morning,
so why don't I pop by

and I'll take a look.

All right. Bye. [groans]

[machine whirring]

[Frank] The city came out
and we have old wiring

from the pole to my house

back to the back, and they
don't allow that anymore.

So we had to trench
to the back property.

Totally an unexpected,
huge expense.

But I didn't have a choice.
The city made us do that.

[upbeat music playing]

[Jonathan] There had been
a couple of projects

that almost ruined
our business.

I mean, you're not
sleeping at night.

It is stressful.

All of your money
is on the line.

[Drew] You have so many
things that can happen,

a fire on your property

or we had a property

where somebody came in
in the middle of the night

and they stole all
of our appliances.

This is definitely not
for the faint of heart.

[machine whirring]

Okay. So they started putting
the cabinets in.

Yes, sir. Now is the time
to make any changes.

[Frank] Okay.
I'd rather lose this.

If we switch this over there,
it gives us more space here.

And then underneath,
do a couple...

Maybe two shelves,
two open shelves.

-That's gone.
-Okay.

[Jonathan]
We're down to the wire,

and cabinetry is going
in in Frank's building,

so I'm gonna swing by,
check out what's going on.

Yeah. But you're...

-Knock, knock.
-Oh, hey, hey. Hi.

What is happening?

We have a few issues,
which we're

dealing with right now.

I'm just noticing the cabinets
and I don't like...

Oh, like this?
Is this a problem?

Well, yeah, the fact
that we can

open it like that much...

-Yeah.
-yeah, it's a little...

Yeah, you're not gonna
get much in that drawer.

I don't think we need this.

This cabinet, I'd rather see
over there

and maybe an open
shelf further down.

But I think
if you have a counter

that leans off a little bit,
now you have a place.

You can put a trashcan
underneath.

Well, the only thing is,
I wouldn't have it

overhang on this side.

That's just gonna make it
feel even more squeezed.

I would just do, like,
a separate piece here

for your breakfast bar
seating and call it a day.

We need to make sure
that these aren't
just beautiful kitchens.

They also have to be
functional.

-You got that?
-[groans] I work out.

But this is Frank's building.

-He has the final say.
-Oh, look it.

See? It's the perfect fit.

It does look pretty good.

[Frank] See, I like that.

I love the corner unit.

I think that's amazing.

[Jonathan] A little thing here

and a little thing here
to change is fine.

But if he's
doing this constantly,

it slows everything down.

So, on the phone,
you had mentioned

that some stuff popped up
that was pretty expensive.

Yes. The electrical
is a huge ticket item.

The overhead wires
are no longer allowed.

So now,
they had to be relocated

to the front with a trench
dug down

the driveway to the back
units here.

[Jonathan] Oh, my gosh.
Was it 20 grand or...

-[Frank] $18,000.
-Yeah.

Are you still thinking
about the back area?

Oh, absolutely. Absolutely.

I really, really,
really wanna do that.

[Jonathan] We're at a point,
he's either gonna

be dipping into savings
to do that backyard

or we've gotta just nix it.

We're losing
Adam in three weeks.

It's a mistake for Frank
not to take full

advantage of what we're
offering.

He'd be leaving money
on the table,

but we're running out of time.

[rock music playing]

[dramatic music playing]

Let's talk about
these cabinets, Frank.

Yes, let's, please.

Um, all right.

We can't do
what we did upstairs.

We're gonna
still do the peninsula.

-Right.
-Okay.

-Hey. What's going on?
-[Gianna] Oh, hey.

We're not done everything?

[Frank] I know. I...
This is ridiculous.

[Jonathan] It actually
looks almost livable.

Once your tenants bring
in their furniture, then...

-Yeah.
-all of a sudden...

Well, I'm thinking
of furnishing the units.

-[Jonathan] oh.
-[Frank] I did that before.

Before the fire, I had one
of the units furnished.

I get a little bit more money
if they're furnished

and I don't necessarily
need long term.

I can do a six-month tenant,
'cause we're really

close to the studios.

If you have an actor
or a producer,

somebody coming in
that needs a place to stay,

instead of putting them
up at a hotel,

put 'em up
at one of my units...

-[Jonathan] Yeah.
-[Frank] for six months.

[Jonathan] You're right.
You are actually in a pretty

-strategically
advantaged spot.
-[Frank] Yes.

Short-term rentals

-can get you about 50% more.
-[Gianna] Oh, yeah.

However,
you've had more downtime.

-Right.
-[Jonathan] Uh, the vacancy
for short-terms

is higher and it just
costs more upfront.

-[Gianna] Yeah.
-But I also have some
furniture and storage.

-[Jonathan] Okay.
-So... But, you know,

helping augment it,

you know, with the stuff
you have would be great.

If you have a storage locker,

-you're just burning cash on.
-[Frank] Absolutely.

-Get rid of that.
-[Frank] Yeah.

Put that furniture in.
I agree with you.

Yeah. Perfect.

Now, we've gotta
figure out a furniture plan.

-Mmm-hmm.
-That's gonna take...

-Yeah.
-some extra thought.

-Right.
-Okay.

Yeah.

[dramatic music playing]

[Jonathan] This is gonna be a
race to the finish line.

And since Frank hasn't
committed funds yet

for fixing up the backyard,

the focus is on
the apartments for now.

[hip-hop music playing]

[Adam] How do you like the
railings? Everything okay?

[Frank] Love the railings.

Although it needs to
be touched up.

-[Adam] Yeah.
-[Frank] You can see in a...

-Yeah, absolutely.
-couple different
places.

[Adam] Yeah. We're doing,
like, 360 paint touchups,

stucco touchups,
cleaning up of the windows.

[Jonathan] 'Cause we're
at crunch time, and...

-[Adam] I know.
-[Jonathan] I'm nervous.

[Adam] I know.

[Frank] Well,
the TV's going up on...

-[Gianna] Yeah. Mmm-hmm.
-[Frank] that wall there.

So, I want furniture
to face that.

Okay. We should do
a little different

-layout for each unit.
-[Frank] Right. Absolutely.

We also have to think
about walking distance.

This is really great
'cause they're modular.

-Right.
-So, if you decide you wanna
chance the layout,

you could make them
face each other...

-Yeah.
-or face the other way.

[Frank] We got the,
stools going in there.

Well, let me get
a couple more things.

Hey, Chris,
can you help me out?

I just wanna get some
of the furniture outs

from the brothers.

-Make it look homey.
-Yeah.

Let's see. Let's do this.

Oh, yeah, the sideboard.

That was my mom's.

Let's put that under the TV.

[Gianna] Yeah,
that'd be good for the TV.

It's nice and slim, doesn't
take up too much space.

We are using stuff
from his storage

and stuff
from the brothers' warehouse.

-[Frank] Love it.
-[Gianna] Okay.

We wanna make these look
as high-end as possible

so we can get the most
money renting these out.

You wanna have each unit
to have its own personality.

It's dusk to dawn.

-Is this the theme in here?
-[Frank] Yes.

Okay. You're ready to go.
Okay.

[Frank] Between what I had,
it's in good condition.

-The brothers'...
-[Gianna] Okay.

[Frank] stuff is gorgeous.

This is gonna be nice.

[groans]

I'm sorry,
what are you doing right now?

-I'm resting.
-[Gianna] No, no.

No time for rest today.

[Frank] I think
it elevates these units

to a status
of people that wanna rent,

that wanna come in, that want
a completely furnished unit.

-[Gianna] Perfect.
-I think I'm gonna get
top dollar.

All you need to do is
bring your toothbrush.

This is from
my old department.

Oh.

These tenants will be there

for three to six months,

maybe even a year or so.

They just need to make sure

they have everything
they need.

Bigger paintings
are always great as well.

It makes the wall
space seemed bigger.

[Frank] Yeah.

We wanna get those furnished
as fast as possible

so we can rent these out.

Ah, that's great.

-Very nice.
-[Adam] It's perfect.

[rock music playing]

-[Jonathan] Hello.
-[Drew] Hello.

-Hello.
-[Drew] Hello.

What's this high-end
property behind you?

Hey.

I love that you have a roof.

[laughs]

Thanks.
Thanks for saying that.

Why don't we head over there?

I'm waiting and anticipating
your arrival.

-All right. I'll--
-[Frank]
I'll see you guys soon.

[upbeat music playing]

[Jonathan] I get excited
backing someone

like Frank because he's
a truly good person.

He's got a big heart.

He had this place sitting
empty for over a year

and it was costing him
a lot of money.

He now has
a huge opportunity.

[Drew] We have high
expectations,

and now it's time to see
if Frank has these places

looking and feeling
like they're in line

with the nicest apartments
in this neighborhood or, not.

I am excited.

I am excited.

[Frank] I'm very nervous
to show the brothers

what the projects turned
out to look like.

I think it looks fantastic.

To me, it's beyond
my expectations.

I hope it exceeds theirs.

Oh, wow.

[whistles]

Hey, guys.

-Stop zhuzhing.
-What do you think? Yeah.

[Jonathan]
Yeah. This is amazing.

[Drew] It's so nice.

[Jonathan]
It looks incredible.

[Frank] Better than
I even imagined.

I mean, just the outside
alone is gorgeous.

[Jonathan] It is.
I mean, how long ago was it?

We were standing right here.

You didn't have a roof.

It smelled like soot.

-[Frank] I had no walls.
-[Jonathan] No tenants.

-You were hemorrhaging money.
-[Frank] Yup.

[Jonathan]
So that's stressful.

[Frank] Very stressful.

-Let's get in here.
-Come on in.

-[Drew] Let's get started.
-[Frank] Check it out.

Wipe your feet.

[Drew] Yes.

[chuckles]

Oh, my gosh.

-This is awesome.
-Isn't this great?

[upbeat music playing]

[Jonathan] Holy smoke.

[Frank] Well, I'm gonna let
you guys

tell me what you think.

[Drew] This is so nice.

I love how functional this is.

Look at the size
of the table.

That's a great sized table
for a unit this big.

[Frank]
No, the space is great.

Remember before,
this was a single unit.

[Drew] Yeah, right.

[Jonathan] This looks
so much better

than what would've been
here before.

[Frank] This is where
Gianna and Adam

come into the picture,
giving me them

to use night and day.

There's no way
that I would've done this.

[Jonathan] You look
around and you can tell.

[Frank] Yeah. Oh, my gosh.

It boggles my mind
that this is mine.

Well, I think it's gonna
boggle some tenant's minds,

and, a beautiful stone going
all the way up the backsplash.

[Frank] Oh, that's luxurious.

This is Beverly Hills.

[Jonathan] It is.
Statement appliances.

And, oh, my gosh,
a dishwasher.

-[Jonathan] Yeah.
-[Frank] Are you kidding?

A built-in microwave.
I mean, how many people

are expecting under
the counter microwave?

[Frank] No. I mean,
this is beyond high-end.

It really is.
Look at this bathroom.

-[Drew] Wow.
-[Frank] It's gorgeous.

And it was my idea
to put the pocket door

-in off the bedroom.
-[Drew] Smart. Yeah.

[Frank] It becomes
almost like an en suite.

-[Drew] Yeah
-And before, there was, like,

a telephone
booth-sized shower here.

[Drew] Shower. Yeah.

[Frank] By switching it
and putting the shower

over there, we doubled
the size of the shower.

[Jonathan] Yeah. Exactly.

And these came
from your warehouse.

[Jonathan] Yeah.
From Zooey and my shower.

-[Drew] Wow.
-[Jonathan] This...

So every time
I ma-sudsing it up,

I'm gonna be
thinking about you...

-[Frank] Oh, please.
-and your rental situation.

Are you kidding?

My rent just went up 100 bucks
a month for this place.

-[laughs] Yeah.
-Is it signed?

[Frank]
It's got celebrity tiles.

[Drew] Have Jonathan
sign it for you.

[Frank] I know. Look at this.

[Jonathan]
This is a good bedroom.

-I mean--
-[Frank] Isn't this great?

[Jonathan]
And the fact that both your

bedrooms
have their own bathroom.

-[Frank] Yes.
-[Jonathan] That's awesome
as well.

[Frank] It's gorgeous.

[Drew] Everything
is so peaceful.

Even the tone of the floors
it's luxury vinyl,

-so it's gonna last.
-[Frank] Yes.

[Drew] It's also nice

just to have something
this beautiful.

[Frank] Yeah, it's gorgeous.

-[Drew] Yeah.
-[Jonathan] Yeah, yeah.

[Frank] And the one
bedrooms upstairs,

-we made a few tweaks.
-[Jonathan] Let's do it.

-Come upstairs.
-[Frank] Let me show you.

-New handrails.
-[Jonathan] Oh, yeah.

So this was one
of the add-ons.

-[Frank] Yes, it was.
-And the new stairs.

[Drew] The stairs feel solid.

The rail looks great.
It's just nice and clean.

-It matches the windows.
-Yes.

-[Drew] Oh, my gosh.
-[Frank] Here we are.

This is so good.

[dramatic music playing]

[Jonathan] You nailed it.

It looks so fantastic.

So much natural light.

You have the breakfast bar.

Somebody could have
a little table

-over here if they wanted.
-[Frank] I think that's...

-I think it's the meal bar.
-[Jonathan] Yeah.

[Frank] I love the extra
counter that we did

so that it hugs the wall.

Put your keys in
when you get home.

[Drew] Yup. Yeah.

[Frank] But also, we put
up the wall-mounted TVs.

So this is an extra bonus.

Also, a little extra in rent,

'cause we're giving 'em a TV.

[Jonathan]
That adds more value

and they're willing
to pay more money.

No, absolutely. Absolutely.

The appliances are...

These are, like,
extra luxurious appliances.

-[Drew] Yes.
-[Jonathan] Oh, yeah.

-[Frank] Absolutely.
-[Jonathan] Tenants are gonna
come to look.

As soon as you list this,

the very first tenant
is gonna want the place.

They're not gonna want
you to show anybody else.

-[Frank] Right.
-We wanna take it right now.

And you're gonna
have to decide.

Well, I have an old tenant
that wants to come back

who has three friends
that want to rent.

So, I don't think I'm gonna
have a problem at all

getting these rented,
like you said, very quickly...

-[Drew] Oh.
-and at a great price.

You think before you were
getting 1,000 bucks?

-[Frank] Right.
-[Drew] Can you imagine
somebody

-renting this at 1,000?
-[Frank] Oh, my God.

-Are you kidding? No.
-[Drew] There's no way.

Well, what were you thinking?

Probably $2,200,
$2,400, maybe.

But I don't
have parking, so...

[Jonathan]
That is a hit. Yeah.

-But you're
still being generous.
-[Frank] Right.

[Jonathan]
If this was unfurnished,

you could get $2,700 a month.

-This is...
-[Frank] Right.

-your business.
-[Frank] Right.

[Jonathan] Make sure
that you're putting

renters in, one, who are gonna
take care of the place...

-Right.
-[Jonathan] but two,
who are paying you

what the market rent
is for this, because--

Right. No, I definitely
wanna bring it in

at a price
that I'm happy with,

that is more toward
the market value.

Can tell you right now,
this will stand out

from all
of the other inventory.

[Frank] Yeah. Yeah.

[Jonathan]
I wanna see the other side.

-[Drew] Yeah.
-Ah, yeah.

[light music playing]

-[Drew] This is...
-[Jonathan] Look at this.

[Drew] The moment you walk in,
it's a no-brainer.

Someone will walk in and say,
"I have to take this."

There's nothing else
that compares.

[Frank] Yeah.
This was the worst unit.

When the fire came,
there was a huge

hole in the roof
from the fire.

[Jonathan]
Everything came together,

from the insurance,
helping with the build.

It makes me cry.
It really does.

It makes me really emotional
because, you know, I...

Literally,
that night of the fire,

I didn't know
what I was gonna do.

And to stand here now
and see everything,

it... It's emotional for me.
[sobs]

I'm so grateful
for the opportunity.

I'm so grateful
that the brothers

decided to back me.

And thanks to you
for giving me

the helm of the ship and said,
"You're the captain.

Take this ship the port,"
and I did.

-We are in port now.
-Thanks for not

-crashing the ship.
-Yeah.

The brothers turned
a nightmare into a dream.

[Jonathan] Frank had 500 grand
in insurance money

to cover this renovation.

Our banking was valued
at nearly $100,000

and all the work
was completed in 12 weeks.

While we donated materials,
there were costs

that weren't in our budget.

Plus, Frank made
interior choices

that brought our budget up.

But all in all, he came in

right at the insured amount.

Originally, you were renting
these units upstairs,

the two one bedrooms
for 1,000 bucks.

-[Frank] Right.
-[Drew] Now, you could
get over $3,000

-a month for these furnished.
-Wow.

Now downstairs. Downstairs,
you can probably get

around $3,600,
$3,700 a month furnished.

-Right.
-But if you finished
the backyard,

-you could get over $4,000.
-Right.

[Drew] You really could.
So, do you think

you can pull together
the $20,000 you would need

for that backyard?

You know,
I think it's a no-brainer

for me to try and do that.

Um, I think I can do that.

[Drew] You say a lot of,
"I think".

-I needed something concrete.
-[Frank] Okay.

So, I think I...

Gianna and Adam will
have to get on other projects.

-[Frank] Right.
-But we also have some great

landscape teams
that work with us.

In the next week,
let us know right away.

-That'll be the critical part.
-Yeah.

But if you can pull
that money together,

renting out these two units
plus the downstairs,

you'll actually be able to
pull in about $120,000 a year.

Huge difference.

You're set up for success.

Aw. Thank you.

Oh, I owe you a dinner.

-[Drew chuckles]
-[Frank] The house is done.

It looks incredible.

And trying to get
the right rent,

that's my biggest
concern right now.

This is my livelihood

and I only have one shot at it

and I wanna make sure
that I do it right.

[Jonathan] Next time
on Backed by the Bros.

Hello.

[man] I need the brothers more
than most.

I don't know what I'm doing.

I've never flipped
a house before.

[Jonathan] This view could be
the best view in the city.

[Drew] I wanna understand
how much debt he has,

how much he realistically
can afford to renovate.

That is a goldmine
to have this view

with some flat space.

You could build probably
a guest house.

That would easily get
me my fifth bedroom.

You guys, that's building
an entire house.

[Frank] I'm just
measuring to see

how big a deck I would want.

I just got off the phone
with Frank

and he has 10 grand.

[Drew]
What? He has enough money

for half the project.