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NARRATOR: In northern California, there's a new gold rush.
I'm going to battle every single day.
NARRATOR: Millions made and lost buying houses at auctions.
Sold $475,000.
Right on.
Well, think about it.
Huge risk.
You're going to spend half a million bucks
and you haven't even gotten to see what's inside?
I mean, it's crazy. It's stupid.
Once you buy it, you open the door, and you see what's there.
MAN: The inside of the house is thrashed.
WOMAN: This is a total redo.
MICHAEL: You build it out like you're going to live there.
That's why they sell.
With money on the line
and renovations costing more and more...
VINNY: We take a diamond in the rough and make it shine, baby.
MAN: We definitely have champagne taste on a beer budget, right?
WOMAN: You're going to pick it up,
you're going to put lots of love into it.
Somebody's going to come by, see it,
and they're going to want to move their family in there.
Ah.
NARRATOR: Who will come out ahead
in the ultimate house war?
I have to buy something every day.
Otherwise, I'm not going to get paid.
Every week, we spend about $1 million.
We're like ninjas in real estate.
[ Laughs ]
DOM: Krista's my work wife.
We talk more to each other than anybody else.
Greg is a genius when it comes to construction.
Thank you.
I don't want to go broke.
[ Laughs ]
You know it's inevitable, just not for a while.
-- Captions by VITAC --
Closed Captions provided by Scripps Networks, LLC.
Let's go. We've got to go.
8:00 a.m.
The teams have just received the list of homes
up for auction today.
Come on, Mike, we've got to go. We've got two more homes to see.
They now have two hours to scout the outside
of as many homes as they can
before bidding hundreds of thousands of dollars.
Hop in.
Go.
In Redwood City, there's a two-bedroom house for sale
with a minimum bid of 380,000.
Rick and Vinny are on their way to check it out.
Oh, yeah, it's up here on the right.
Lucky seven, baby.
We want to get to at least seven houses for the year.
Right now, we only have six.
Give me a big weedwhacker,
I'll have this yard looking beautiful.
This is easy to clean up.
The front of this isn't bad.
The porch is all right.
Hey, what are you doing, man?
Easy, easy, easy, easy, easy, dude.
Vinny likes to break into places.
I like to keep my shirt clean.
You're making me sound like a criminal, come on.
VINNY: Oh, man, look at this.
Look at these windows. All the wood frames are shot.
This might not be lucky number seven, it's --
All right, hold on, take it slow, man.
What's this doing back here?
It could be an office, or it could be a guest house.
Duct tape.
I've seen a couple of houses put together like this.
Oh, no. Let's take a walk around the side here.
What's that?
Oh, boy.
Oh, look at this.
Oh, this could be a little office.
This is a bonus, man, come on.
This extra square footage, to me, is a score.
It's more real estate.
How much is it gonna cost to fix all this up?
All right.
Little TLC, brother. This one could work.
NARRATOR: Dom and Krista and are also interested
in the house on Reese Avenue.
They think it could be prime real estate
for people who want to buy in Silicon Valley.
DOM: Think the property is 970 square feet?
KRISTA: Oh, that's kind of small.
I hope that works numbers-wise, because I don't know
if I'm gonna be able to afford to bring spice up here.
I have a horse named Spice that I ride and compete with,
and I would love to get her out here.
Being able to turn this for a quick profit
would mean I could probably bring Spice
from Arizona to California.
Who is that?
Oh.
It's Vinny.
Ugh.
Don't even worry about it. It's not worth your time.
What are you talking about?
No, that makes me want it even more now.
So, Dom and Krista are probably gonna bid on this house.
Hopefully, they've got a lot of duct tape.
[ Laughs ]
I like it.
I think it's really charming.
I think if we take care of some of this landscaping,
cut this down, take that out, frame up the bushes.
I actually think it's gonna feel really cute.
The siding looks good, just some pressure wash.
Hey, this might be a little gold mine.
KRISTA: It's so small, though.
[ Laughs ] Yeah, that's not budging.
What are we gonna have to bid to get something like this?
I'm willing to bid up to about half a million dollars for this.
What? Are you kidding me?
Yeah, we're in Redwood City.
Well, back home in Arizona, this would be like a $60,000 house.
$60,000.
The value is in the weather and this location in the bay area.
The most I would want to bid for a two-bedroom one-bath
is probably gonna be in the neighborhood of $400,000.
Nope, we're going up to $500,000.
$400,000.
$400,000.
$450,000.
Five-zero-zero-one.
NARRATOR: Sixteen miles south, in San Jose,
a four-bedroom house with a starting bid of $430,000.
Last year, Todd and Michael gave $30,000 to 60 local schools,
and they want the profit from their next flip
to go towards this year's school donation goal of $40,000.
Got to get paid, give that money away.
This is a great elementary school.
Yeah, it's nice.
This is it right here.
Looks good.
Yeah, I'm feeling good about it.
Mm-hmm.
I think it's gonna be great.
Got fresh flowers over here, so these are annuals,
which means the irrigation's working, or they'd be dead.
You're like a detective. How do you do all this?
That's got to go. Looks like a rats' nest to me.
MICHAEL: It's not a rats' nest.
What we should do is just thin it out.
It's not happening.
MICHAEL: The arbor is beautiful.
It's a little bit run-down,
needs to be renovated, obviously.
I don't know.
It's a little tomb.
MICHAEL: We have found all kinds of crazy things
at the houses that we purchased.
Dude.
What is it?
It's a gerbil.
Are you familiar with gerbils?
[ Laughs ]
Right, right.
Let's go check this out.
Just want to see if these windows are unlocked.
MICHAEL: Todd tends to be a little lax
when it comes to little things like trespassing.
TODD: There's plastic. It's being painted, for sure.
It could be, you don't know that for sure.
You really shouldn't be doing that.
[ Sighs ]
TODD: Wood, there's a pallet of wood, look.
There's new wood flooring. I love this.
That means they're remodeling, new floors, new paint.
Let's lock this up, so none of the other teams see it.
We're not afraid of our competition,
but every edge counts.
Yeah.
NARRATOR: Mike and Manly are also setting their sights on Sunnyville Lane.
All right, here we go.
MIKE: A good-looking roof and double-paned windows.
Those are money-savers right there.
All right, let's do it.
This is a score.
Foundation looks pretty good.
Right.
Whoa. There's no landscaping.
If it's for free, it's for me.
Oh.
So, any time there's a family that lives in a house,
Yep.
We know that Todd and Mike are gonna want this house.
And maybe Dom and Krista.
So, we're gonna be pretty aggressive on this one.
We're gonna get this house, it's ours.
Twenty miles away, Greg and Beau are lost,
looking for a house in Sunnyvale that's up for auction.
It's got to be right here somewhere.
It's a left here.
Left here? Right?
What are we looking for?
It's somewhere on this street.
Yeah.
Oh, oh, oh. Down there, I think.
I think it's down this gravel.
A gravel road?
It's like we're in the country.
This is it, right here.
This is so awesome.
You know when you just drive up to a house and you see it,
This is -- this is it.
Look at the roof, Beau.
Dude, that's like five years old.
The windows, obviously, we've got to get rid of those.
Not too bad, though.
Yeah.
It's like the best of both worlds. It's so awesome.
GREG: Is this the same property?
This is unbelievable.
There's no way. Is this like an in-law unit?
This is like an in-law unit. It's got power running to it.
I mean, this is additional square footage.
Something like this could probably add $50,000 to $60,000
of value to the property.
And it's not on record, so nobody knows about it.
GREG: That's out of control.
Yes.
When I was a teenager, I grew up on a ranch in Wyoming,
and I got to work the land.
It would mean a lot to me to be able to flip this house
and turn it into the perfect country home.
Let's go get it.
It's around here somewhere.
Yeah, where is this place?
Oh, don't tell me it's on this dirt road.
NARRATOR: Josh and Alisha are also hunting down the home on Baywood Drive.
Its lower price tag has Josh intrigued.
This is tough.
I don't like the road.
They're tucking it back here because it's so ugly.
[ Laughs ]
I like it.
It's not too bad, actually.
JOSH: A country home is appealing to me
because you don't see a lot of them come up for auction.
ALISHA: With a country home, if you do it right,
you can attract a very specific buyer
and maybe make a little bit more money.
I'm super eager and motivated to get a house right now
because I'd love to take my kids on a nice vacation.
My oldest is leaving for college in a couple weeks,
and I'd love to take them all somewhere really nice.
And that can get kind of expensive.
You have a new garage door.
Yeah, definitely.
Clean up the windows a little bit, that looks nice.
You can let your kids come out here and play,
and they're not gonna get hit by a car.
That's true, that's true. Very good point.
Very nice.
It's an in-law suite.
Beast of a building. In-law suite?
I wouldn't let anybody that I love stay in here.
It's hideous.
JOSH: The issue is -
The issue is that you can't put people in that square footage.
I wouldn't even put my dog out there.
This is nice, though, look.
Got some fruit trees back here, oranges, apricot tree.
Oh, you have some grapes there.
This is nice.
Oh, these are good, actually.
Super good.
Oh, look, there's a guy over there.
Yes?
We were thinking about buying this home.
Do you know anything about it?
It's not really recommended.
It's a lot of got to maintenance.
No.
Oh, okay. Good luck.
You'll help me with the farming, right?
Good luck. I'll try.
It's on a little over a half acre.
That's hard to find in town.
For the right price, it's a great deal. Let's hustle.
NARRATOR: It's 10:00 a.m. -- auction time.
Bidding is about to begin.
Our first home up for sale is Sunnyville Lane, San Jose.
NARRATOR: Todd and Michael want this house
so they can give a generous donation
to their local elementary schools.
MICHAEL: The outside of this property is as good as anything we've seen.
No-brainer.
Mike and Manly are motivated to buy
because the home is in a good area
with a great school district, which equals big profit.
We really want this house. We know it's a money maker.
Who will start the building at $430,000?
I'll start it off at $430,000. $430,000 right here, give me $435,000.
$435,000 right there, gonna be $440,000.
$440,000 guys, give me $440,000. Now $445,000.
$460,000
$460,000 right there.
MANLY: I'm not gonna let Todd bully us around.
I mean, I'm gonna do whatever it takes to get this.
All right, got $460,000.
Gentlemen. What do you say right here?
RODA: Sunnyville Lane, San Jose.
$440,000 guys, give me $440,000.
Now $445,000.
$460,000.
$460,000 right there. I've got $460,000.
Anybody $470,000?
$470,000 right here.
$480,000
How about $490,000, sir?
$490,000 right here, thank you very much.
$500,000 right here. Gonna be $505,000.
$510,000.
$520,000 right here.
We have some room, but we just can't get caught up in the game.
We're gonna be $530,000 gentlemen?
Have $520,000 in the bottom right there.
$525,000.
$525,000 right here.
It's time to get serious and buy this house.
He's at $525,000, anybody else?
$525,000 right here, anybody else?
Last call.
$540,000
$540,000 right here.
I've got $540,000 right here.
Gentlemen, that's $540,000.
Don't get mad, get even, gentlemen.
The satisfaction that comes
with watching Mike and Manly squirm is victory itself.
Be nice, Theodore.
[ Laughs ]
Going once.
$540,000 going twice. Last call.
Sold right here for $540,000. Thank you very much, sir.
MANLY: Todd started throwing bids that doesn't make sense at all.
Yeah.
All right, we have lot number 296734.
This is Baywood Drive.
NARRATOR: This Sunnyvale home could be Alisha's ticket
to take her family on vacation
before her oldest child goes off to college.
JOSH: It's at a good price.
Great size lot.
Greg and Beau are even more motivated.
The in-law unit they found in the back can mean big money.
This is like perfect property.
It's in the city, but it's a country oasis.
We want it bad.
Let's start the bidding at $200,000.
I've got $200,000 at the bottom, give me $205,000.
$205,000 thank you very much.
$210,000 at the bottom.
$215,000.
$215,000 right here. $220,000 right here.
$230,000 right here.
ALISHA: I am not threatened by Beau and Greg at all.
Or anybody.
$240,000 right here, gonna be $250,000.
$250,000 right here.
$260,000 right here, gonna be $270,000, sir?
$270,000 right here.
$280,000 right here.
MICHAEL: Watching Greg and Beau and Alisha and Josh
fight for this house, they're really duking it out.
It's like fighting tooth and nail for it.
And we want nothing to do with it.
$285,000.
$285,000 right here, gonna be $290,000, sir?
$290,000, what do you say?
They're talking amongst themselves.
$290,000.
$290,000, he says. What do you say, sir?
At $290,000 right here.
ALISHA: I'm looking on my tablet, and I notice
that this home is not hooked up to the city water.
It's on a well and, ooh, buyers do not like to deal with wells.
$300,000
$300,000 right here.
Gonna be $310,000,
$300,000 right here, gonna be $310,000, anybody else?
Have $300,000 right here, gonna be $310,000 going once.
Buy it, man.
Going twice.
Last call, all in, all done, no advance to $310,000?
Sold right here for $300,000. Congratulations.
Bring your hose. Hey, you've got it.
We paid $10,000 more than we wanted to, but that's okay,
because we've got the second structure in the back.
We're gonna make a huge profit.
And at the end of the day, it's gonna be so fun to do a country property.
Yes.
Let them deal with the issues.
Oh, what a steal.
Lot number 103778, this is Reese Avenue
in Redwood City, two bedroom, one bath.
NARRATOR: Rick and Vinny are trying to score
lucky number seven for the year, and this one fits the bill
with its in-law unit in the back.
And that could add a lot to value.
We want Reese so badly.
Krista's horse, Spice, is stabled in Arizona,
but flipping a home in an area
with the most expensive real estate in the country
would mean she could bring him out to California.
DOM: I think there's going to be a lot of bidders on this house,
just because of the location.
RODA: Let's start it off at $380,000.
$380,000 right here, give me $390,000.
$390,000 right here, give me --
$415,000 right here.
$430,000 right here.
$500,000 over here, give me $505,000.
$510,000.
$510,000 right here, $515,000?
$515,000 right here. $515,000 Thank you very much.
$525,000.
$525,000. right there, give me $540,000.
She said $540,000 right here.
RICK: I thought jumping the bid to $500,000
would scare some people off, but it didn't.
It actually accelerated the bidding.
KRISTA: There is so much action on the steps for this house right now.
It's gonna go up. It's gonna go up fast.
We want it. We're here to win.
Lot number 103, Reese Avenue in Redwood City.
$430,000 right here.
$500,000 over here, thank you very much.
$525,000.
$535,000 right there, give me $540,000.
She said $540,000 right here.
RICK: I thought jumping the bid to $500,000
would scare some people off, but it didn't.
It actually accelerated the bidding.
Now it's time to switch gears.
I'm gonna make them pay extra for it.
$541,000.
Seriously? [ Laughs ]
I've got $541,000.
$545,000 right here.
$546,000
TODD: Watching Rick and Vinny bid 1,000 at a time
makes me nauseous and is a waste of our time.
Bid it up another 1,000, throw the bait out there,
come on, make them chase it.
Now he's just messing around.
$555,000, guys?
DOM: This is real business.
This is what we do for a living,
so we take this very, very seriously.
$551,000.
Don't even take that bid.
I've got $551,000. I've got to take it over here.
She said $555,000. How about $560,000?
How about $560,000?
I have $550,000, got $555,000 right here?
We're out.
Sell it to them.
Sold right here for $555,000, thank you very much.
Thank you.
Don't forget the duct tape on that one, huh?
[ Laughs ]
We don't need a fixer-upper that bad.
We'll make our goal of seven houses no matter what.
It's a no-brainer.
We're definitely gonna make a huge margin on this.
Yeah, fingers crossed it's nice inside.
NARRATOR: With the auction now finished,
Todd and Michael head over
to see their $540,000 purchase for the first time.
MICHAEL: Fired up about this.
We're really excited about this particular house.
It's got great bones. It's going to be good, brother.
It's gonna be good.
Oh, no.
What in the?
Dude, it's a daycare center.
What a nightmare.
If this house is a permitted daycare center,
we have to go rezone it for residential use.
So, where's our remodeled house?
What happened to the flooring?
Remember the new flooring in the garage?
Look at this. Unbelievable.
Every single house in this entire tract
is a single-family residence.
There's no way that we thought it would be a daycare.
There's no reason to actually check the zoning.
We have to rezone this.
It's going to cost a fortune and kill the deal.
No, I know, I get it.
If Michael's feeling bad about a deal that we buy,
it's my job to get him fired up.
Assuming it becomes a house,
we'll rip out this wall, we'll open this up.
Make it like a, you know, family room kitchen, great room combo.
Rip out the fireplace insert, put travertine all over that.
Get some beautiful crown molding,
Absolutely.
I think that we should leave the sink right here,
facing towards the backyard.
We'll bring the wood floor around the peninsula in here.
We can incorporate some of that.
It will look beautiful, actually.
We can come off of the kitchen, put a big patio out there.
That'd be really good.
I'm feeling pretty good about it,
assuming we can still make it a house.
NARRATOR: At the Sunnyvale property,
Greg and Beau are about to see what they bought for $300,000.
GREG: I'm so pumped that we got this house.
BEAU: I grew up in the city,
so finding a house like this in the Bay area is rare.
Home sweet home.
BEAU: This house is old.
GREG: Everything's totally outdated.
I mean, nothing's been touched since the '50s.
Is that a built-in?
Look at that.
What is it?
It's sticky.
Something must've been there at some point. That's nasty.
Oh, there's not much better behind you, man.
Wow. This is a complete redo, the whole thing.
All new appliances, all new counters.
I want to open up this wall,
blow it out into the living room,
put a peninsula right here.
You know, I know it's a smaller kitchen,
but there's a lot to do.
I mean, we're right from like $9,000 to $11,000,
That's not too bad.
It's gonna be a huge open floor plan.
It's going to be a country oasis.
[ Laughs ] Look at this.
What is it?
No way.
It lines up.
You want to see if we can get more of it
Yeah, let's do it.
[ Laughs ]
Hopefully, the extra profit we make
from updating the in-law suite
makes up for the extra money we spend on the kitchen.
Oh, door's a little stuck right here.
What?
Oh, you've got to be kidding me.
This is not good.
This space makes the kitchen look like a dream.
Who would live in a place like this?
Can we sell that chair?
It's, like, the worst condition I've ever seen any property in.
This is a complete tear down.
It's going to cost probably like $4,000 or $5,000
to demo this thing.
So, everything we thought we had is pretty much gone now.
Yeah. I mean, the good thing is, is we have this awesome yard.
It's a huge selling point, so let's make the most of it.
We can play off the back of the house
by replacing the windows in the living room,
by adding French doors which open up onto a deck.
Perfect. Yeah, that'd be great.
We'll clean up this rose garden.
And since we're getting rid of the shack,
we can add another seating area with grass
and paved walkway that leads to the fruit trees.
It's not the greatest thing in the world
that we have to demo this whole structure,
but at the end of the day, it's going to be really nice.
NARRATOR: At the Redwood City home,
Dom and Krista are about to see their $555,000 purchase
for the first time.
Awesome.
Welcome, welcome. Hmm.
KRISTA: The house on Reese is very, very charming.
I think it's a good find.
DOM: Awesome.
See what we won.
Moment of truth.
DOM: I like it. I think we scored.
I like the wood. It's in good condition.
I'ma have to redo all the electrical,
because that's not grounded.
About $1,500.
Oh. What is that? That looks terrible.
That was where the old air intake was.
KRISTA: The house is a little weird.
Some of the windows are new, some are not.
Some of the plugs are grounded, some aren't.
Some parts of the floor are good, and some are not.
Really?
We just have to replace that. It's gonna be easy.
Okay. So, it just feels tiny.
Maybe we need to do something with this.
I think we should take it out.
Well, we could do that.
[ Laughs ]
Who puts a linen closet in the dining room?
What this house really needs is a second bathroom.
It will definitely increase the value of this property.
DOM: We can knock this wall down and that can be our bathroom.
KRISTA: Our two-one just became a two-two.
And we just made an extra $30,000.
Yeah.
I like it.
Because Dom has so much construction
and design expertise, he's really, really good
at coming up with design ideas on the fly.
Thanks.
Let's see what else we got here.
[ Laughs ]
That was good, this is bad.
Dollars are flying out the window right now.
This kitchen is a huge black and blue mess.
They're water-proofing with duct tape.
[ Laughs ]
Holy!
Stop touching things.
I just tried to take it out.
Yeah.
So, we'll take this wall down completely
to open the kitchen into the dining room.
We'll just take these upper and lower cabinets
and put them on that wall,
so it gives you this huge galley kitchen.
Getting that flow throughout the whole house
is gonna definitely increase our resale value.
Look at this. This whole door is put together with duct tape.
[ Laughs ] Oh, what is this?
Score. More square footage.
Money.
This is huge.
But it's disgusting in here. Look at it.
The least expensive option
is just to turn it back into a garage.
Might even give us a bigger resale value.
Opening up this space and then adding that second bathroom.
I think families are gonna come into this home
and decide they want to live here.
This is gonna be great.
NARRATOR: Over at the Sunnyvale property, demo is about to begin.
Everything, just leave the beam.
Let's do it.
GREG: Hey, Beau.
BEAU: What's up?
[ Laughs ]
You think the whole house is like this?
Yeah. That's awesome.
GREG: I can't believe there's hardwood underneath this carpet.
This is much-needed good news.
Easily.
Ah, we've got a little problem.
Yeah.
It looks like a water tank.
It is. It's a holding tank for a well.
So, we're not on city water?
No.
It's just something we didn't see.
I mean, people are just -- they don't understand wells,
Yeah.
When we scouted this house,
we didn't actually realize that the property had a well.
We have to get it connected to the city.
That's gonna be about $30,000.
Literally, yeah.
House could burn down.
True.
NARRATOR: Back in San Jose, construction is on hold
until Mike and Todd hear from the city
regarding the zoning issue.
Great news.
What's up?
Initially, when we walked into the property,
there was a goofy looking daycare.
That made us think it might possibly be zoned for daycare,
which would be a huge problem.
This place is zoned single-family.
We're good to go.
Talk to me. That's great.
If we had to do a rezone,
would've taken months and cost a small fortune.
We dodged another bullet.
We'll have this thing done in a month.
We're gonna take all these toys
and donate them to a charity that can use them.
Just like Santy Claus.
Just like Santy Claus. [ Laughs ] That's right.
We need all this ripped out today,
so start ripping, don't be bashful.
Get it on.
Nice.
There goes your daycare, sonny.
Yeah, there goes the daycare, son.
Bust this whole wall open right here.
All right.
Sweet.
Uh, a little bit of an issue.
PFFAF: This whole area's filled with dry rot.
TODD: That is horrible.
All this flooring's got to come out.
Got a crew coming in over the weekend
to try and knock this out as fast as we can.
Our business model is based on time.
Three or four days out of our schedule, we can live with.
If it's gonna be longer than that, it's a huge problem.
Where'd our bid come in on the concrete work?
Six grand?
We'll get another $18,000
because we've got a brand new patio.
We'll triple our investment.
I think so.
NARRATOR: Over at the Redwood City home, reno is well under way.
DOM: We're putting up Sheetrock.
We're doing electrical work, plumbing,
framing, and fixing the floors.
DOM: Krista.
NARRATOR: In Redwood City, the transformation is underway
at Dom and Krista's two-bedroom property.
We're getting this project done quickly.
We're gonna be on time and on budget.
We're doing electrical work, plumbing,
framing, and fixing the floors.
What the heck is this?
Krista.
Yeah?
Come check this out.
This looks like a key to a locker.
Somebody dug this thing and hid it under here.
Didn't you say this was a floor vent?
Yeah, but they put board over it.
Probably just fell through the cracks or something
before they covered it up.
Who is going to lose this?
I think somebody deliberately hid that key there,
because they made sure
that those boards were permanently covering that.
No way. No, no, no. Nope.
It's got an address, says 3140 Ray Road.
It's like in the movies when they put the bus lockers
and they hide passports and thousands of dollars
and guns and stuff.
Ooh, this is gonna be cool.
KRISTA: He's reaching.
I don't think you're gonna find anything
I think so.
NARRATOR: Over at Sunnyvale, the old shack is coming down...
...and the new kitchen is taking shape.
Good. It's perfect.
BEAU: Hey, what's up, buddy?
I'm doing pretty good,
now that I see all this progress you've made.
Now that we've got that old house out of here,
I agree.
If this house doesn't sell, I'm gonna move in.
This city boy is gonna become a country boy, like you.
I think the stain, the fumes are getting to your brain now.
Wow.
NARRATOR: In Redwood City,
Dom is hoping the key he found unlocks a treasure.
I found a key underneath the floorboard at the house
and it has an address on it, so we're gonna go check it out.
You really think there's gonna be cash at the end of this key?
Oh, my god, yeah, there's gonna be cash,
and I'm gonna put it all over the bed,
[ Laughs ]
KRISTA: Out of all the places we could've ended up with that key,
this never crossed my mind.
DOM: This key could lead us to something really good.
Or it could be a huge waste of time.
Ta-da, lockers.
[ Laughs ]
I don't know why I'm shaking because I'm excited
Both.
Oh, I hope there's something in here.
I found a key underneath the floorboard at the house,
and it has an address on it, so we're gonna go check it out.
KRISTA: I like a good mystery,
and that's the only reason I'm along for the ride.
Ta-da, lockers.
I don't know if I'm shaking because I'm excited
Both.
Oh, I hope there's something in here.
[ Laughs ] Take it out, take it out.
Grab it.
Seems to be a --
What is that?
Gym shorts.
Oh, man.
Skates.
Really? [ Laughs ]
NARRATOR: Over at the San Jose property,
Todd and Michael are checking on the progress.
Man, it looks really good. Thank you.
What's going on in here?
Is this all brand new subfloor in here?
PFAFF: It is. We stayed late last night.
We replaced all the subfloor.
Probably spent two grand on it.
That was less than we thought, probably around three, right?
Did good.
And we're gonna use some of the wood
TODD: Right.
Save more than a few bucks.
So, every dollar we save is more for the kids.
That's good stuff.
DOM: After this house sells, it'll be fantastic.
Yeah, maybe we can go on a trail ride.
I don't know about wanting to get on a horse.
You want to get on a horse.
KRISTA: I have a horse named Spice that I ride and compete with,
and I would love to get her out here.
Dom, look at this video of Spice.
Oh, nice. Wow, that's a really pretty horse.
But she's a redhead, so she's kind of feisty.
Oh, my goodness. Does she talk to you?
[ Laughs ] No, she doesn't.
Please don't tell me she talks to you.
She talks, but not how you think she talks.
[ Laughs ] That's funny. You talk to a horse.
I'm really looking forward
to moving Spice to California from Arizona,
so I'm excited to get this house done and sold,
because that's what's gonna pay for it.
Absolutely.
[ Speaking in Spanish ]
See this?
It's rocking.
They built this whole thing on dirt.
No foundation, no footing. Look at that.
This whole thing has to come down.
This slab was done properly,
so we'll build a carport instead of a garage,
Okay.
KRISTA: We really did want a garage, but with construction,
you just kind of got to roll with the punches.
And I think the carport is going to be a very elegant solution.
The kitchen's gonna be really open,
very nice space, open to the dining room,
which is also gonna be open to the family room.
This bathroom that used to be a closet
is really starting to look great.
It's actually gonna bring us about $20,000 more in resale.
NARRATOR: After 40 days of construction,
Dom and Krista's house is ready to put on the market.
DOM: We bought the house for $555,000.
We put in about $45,000 in renovations.
The realtor is showing the house for the first time.
Yeah, it almost feels like it's the first day of school,
and we're gonna get graded on what we did.
Come on in.
Wow.
Very nice.
Very, very nice.
MAN: First impression, it's bright, open, airy.
I love that this house goes from the living room
to the dining room, to the kitchen.
I love that open feel.
Wow, the kitchen's really nice.
Look at all this counter space.
Oh, the granite countertops, I love.
MAN: I love this backsplash, just absolutely love that backsplash.
Me, too. Nicely redone.
AGENT: I know a second bathroom's really important to you,
so I think you guys are gonna like this.
Oh, my God, great bathroom.
WOMAN: Look at the tilework.
Beautiful. Floor-to-ceiling tile.
The selling point of this house is
Right, really important.
Everything we've been looking at is one bathroom.
Unattractive, so this is great.
Yeah.
Watching the game.
Feels like home already.
DOM: After adding the second bathroom
and all the renovations that we did,
very confident we're gonna make a good size profit.
So, you better tell Spice to pack her bags.
[ Laughs ]
NARRATOR: In Sunnyvale, Greg is anxiously awaiting
to show Beau their finished country oasis.
GREG: Beau is gonna be blown away when he sees this house.
He's not gonna recognize anything.
BEAU: We purchased the property for $300,000.
We put $50,000 into renovations.
We hope to sell the property at $480,000.
BEAU: Beautiful.
I love it.
Go ahead, after you.
Wow, this looks absolutely amazing.
I remember when we first came in here,
it was just ridiculously dark and gloomy.
Now I feel like I can move in here.
Yep.
That we just took four or five feet away,
and you can see what it did.
It opened up the kitchen so much.
Buyers are gonna eat this up. Good work.
GREG: My favorite part of what we did to the living room
was pretty much ripping everything out of the living room.
It was terrible before.
Look what happened to the floor when we pulled the carpet up.
Yeah.
This is actually a step above.
Putting a French door here was perfect.
You open it up, and this whole area just flows outside.
Wow. Wow.
That's the exact reaction I wanted to get out of you.
Exactly.
I mean, inside's gonna sell,
but this is what's gonna get the document signed.
I concur, man. This is great.
That shack that was right there.
That we thought was gonna make us thousands of dollars.
Better off without it.
You know, the beauty of that is now I can see my big backyard.
First, we were thinking it was gonna be awesome
to have this secondary unit.
But the thing was totally dilapidated,
and we just did the easiest thing.
Knock it down, start fresh.
It was the perfect decision.
Homebuyers are gonna walk out here.
They're gonna fall in love.
It's a country oasis, come buy me!
NARRATOR: Now Todd and Michael are about to see
their finished San Jose property for the first time.
The success of this project is crucial,
because we're using this money
to fund over 100 elementary schools this year.
MICHAEL: Giving back is one of our core values.
This is gonna help us do exactly that.
Is it all done?
It's all done, 100%. Place looks great.
It does.
So, you put a queen palm in the front.
That looks nice.
Yeah.
I seriously cannot wait to see this one.
This is gonna be awesome.
Sweet.
Are you kidding?
100%. Place looks great.
I seriously cannot wait to see this one.
Sweet.
Are you kidding?
Look how big and open this space is.
MICHAEL: This house used to be an old, ugly daycare
that was literally a mess.
Considering what we walked into after we bought it,
I mean, it really is amazing.
Yeah, we got really lucky.
Now it's perfect, ready for someone to move in.
Look at this dining room. That is excellent.
Remember this?
This is where the little swing was.
That wasn't gonna work out.
I love it, looks so good.
PFAFF: Not only did we open the floor plan
and create a great-room/kitchen combo,
but all of the amenities are high-end.
Unbelievable. Look at that.
I didn't know that island was gonna end up being that big.
Beautiful.
Homebuyers are gonna love the fact
that you can see the entire family
from the family room, dining room,
or they could sit right here at the peninsula
and have breakfast.
It's perfect.
All right! It looks great.
Way better.
It was like that dark, horrible red color,
and then that dirty *** carpet.
Yeah. Love this.
Really good.
Let's check out the bathroom.
Whoa. Very nice.
TODD: One of the best selling points of this home
is the brand-new backyard.
It's so nice.
MICHAEL: This is like paradise out here.
It looks awesome. A little slice of heaven.
I've got to agree with the patio.
Yeah, it's beautiful.
I think it's great.
It's perfect.
I can't believe we did this thing for $50,000.
In 27 days, as well.
Really. Let's have an open house.
All right, love it.
Hi.
I'd like to thank everyone for coming.
If you have any questions about the property, please let us know.
Cheers!
ALL: Cheers.
Whoa, look at this fireplace.
I think the house is beautiful.
I love the floor plan.
Oh, my god. This is so big.
Oh, wow.
I love it when you can -- See that?
Oh, that's nice.
We want to put in an offer on this house.
Absolutely. I think this is it.
This is it, yeah.
When we first bought this house,
it felt old and it desperately needed a second bathroom.
DOM: Yeah, we bought the house for $555,000.
We put in about $45,000 renovation.
That took us about 40 days to finish it.
It was only listed for two weeks,
and three days ago, we got a full price offer,
so we're really relieved and ecstatic.
Now I can bring Spice out.
Maybe you can finally learn how to ride.
Yeah.
[ Laughs ]
BEAU: We purchased the property for $300,000.
We put $50,000 into renovations.
When we first put this house on the market,
it was so painfully slow moving.
However, everybody loves the inside of the house
and the deck.
And last week, we finally got an offer,
and it totally relieved us.
This was a fun project, but yee-haw, we're done.
[ Laughs ]
TODD: When we first walked in this house,
it was a junky daycare center.
We were both really worried 'cause of zoning issues.
MICHAEL: We thought there was a serious possibility
True.
We bought this home for $540,000,
spent $50,000 on the renovation, built it in 27 days.
It's a completely different home.
We had two open houses.
We got an offer right away, which was awesome.
Yeah, time to pay the schools.
NARRATOR: After a big scare that their house was zoned to be a daycare,
Todd and Michael flipped their home for $645,000,
locking in a profit of $55,000.
Dom and Krista turned a two-bed, one-bath,
into a two-bed, two-bath, and sold the house for $685,000,
locking in a huge profit of $85,000.
Greg and Beau turned a crumbling in-law unit
into a country oasis and sold the house for $490,000.
Despite the cost of connecting the home to city water,
they managed to secure the largest profit,
a whopping $110,000.
They also scored the biggest return
on their investment at 29%.
This year, our goal was
to donate to over 100 elementary schools,
and we're gonna hit the mark of 118.
Not only are we making this a dream home for a nice family,
but we're able to accomplish our goals
by giving back to the schools.
Good stuff.
I learned that small houses can equal big profits.
I definitely learned one thing --
You can take the boy out of the city,
but you can't take the city out of the boy.
I'm never doing another country project again.
That's why I moved out of Wyoming.
We love getting up every morning and doing what we do.
Every day is different, we have a lot of fun,
and we're doing a lot of good at the same time.
Good times.