Published: 2025-12-06
Status:
Analyzed
Predictions from this Video
Incorrect: 1
Prediction
Topic
Status
A 2022 truck with 200,000 miles is expected to be available in 3-4 months and will be priced at approximately $15,000 (20% below blue book).
"And he said, I've got a 22 coming up here in the next 3 to 4 months, but it has 200,000 mi on it. It's taking 20% off of the blue book appraisal for the vehicle. You're probably looking at like $15,000."
Incorrect
The roofing business has three large jobs scheduled before the end of the year.
"We think that we've got another three large jobs between now and the end of the year."
Pending
Installing two separate countertop sections instead of one full length would have saved $80, but the cost to replace a poorly installed section is $120 after a $40 tear-out cost.
"The difference between two sections and one full length is like 80 bucks. Like, you think I really care about spending $80 to not make this stupid? Cuz now we're going to have to tear the whole thing out, which cost me 40 bucks. Put a new one in, which cost me 120."
Pending
The goal is to get a property ready for a potential tenant and to a state that allows for refinancing.
"We've got a potential tenant to move down here and I need to get it up to the point, you know, full honest and transparency. I get up to the point that I can refinance it."
Pending
Proposed renovations include redoing drywall, installing a ceiling fan, replacing the countertop, and painting cabinet fronts.
"So, tear out, redo the drywall here. I'd like a ceiling fan in here, too. I want just the countertop redone. I'd like to save cabinets. Just paint the front of the cabinets. Yeah, cuz the the wood's in good shape."
Pending
Damage is suspected to be from a previous box gutter issue, similar to another property where box gutters were replaced with regular gutters and downspouts.
"I want you to check this out. I think this is damage from the old box gutter issue. It's it is because this is the same issue we had in the other property that and we eliminated the box gutter. Put a regular gutter and a regular down spout."
Pending
The plan is to redo the countertop, paint the cabinet fronts, add a backsplash, and remove FRP.
"I want just the countertop redone. I'd like to save cabinets. Just paint the front of the cabinets. Yeah, cuz the the wood's in good shape. Yeah, probably do a backsplash here. Remove the U FRP there."
Pending
Specific rooms will be carpeted, painted, and have ceiling fans installed.
"In this room, carpet, paint the walls. I want to put a ceiling fan in here. Ceiling fan in here, too."
Pending
Regular gutters and downspouts will be installed, with a preference for repair over complete replacement if possible.
"So, we'll need to do regular gutter, regular down spout on there. I want this checked out to see can it just be fixed or do we need to tear it out and replace it? Preference to fixing it rather than a full tear out."
Correct
A sagging kitchen area and the back roof require inspection and repair, including drywall replacement.
"We need to figure out this whole kitchen is sagging to this spot right here. Yeah, it feels like it is. I don't know what to do there. I need that checked out. Obviously, this on the back part of the roof, that roof needs redone. So, tear out, redo the drywall here."
Pending
The plan includes flooring, painting, new trim, keeping FRP, and a potential quote for replacing a bathtub with a shower.
"Flooring painting. Cleaning this up. Probably new trim. Keep the FRP. But I also want you to give me a second quote. I don't know that I'll do it on this tenant, but to replace the bathtub with a shower."
Pending
Repairs include cleaning drywall, repainting stairs, fixing ceiling drywall, and addressing a roof leak, which was thought to be fixed but is still allowing daylight through.
"So, cleaning up all the drywall paint, repaint the stairs, make sure the banisters, right? That's original. I'd love to keep it. I think we have to recarpet the breezeway here, obviously. Fix the drywall on the ceiling. Make sure that the leak on the roof is done. I thought that the leak on the roof had been fixed. This was the leak at one point and I can't look. You see it right there? You see the daylight up there?"
Pending
Repairs needed in an area include fixing drywall, skimming a cracked wall, and replacing a door to the back attic.
"So, fix the drywall in here. I'm hoping that this just this corner can be redone. Skim the wall over there where the cracks are. I would like a new door over there. That's to the the back attic portion."
Pending
The speaker hopes to achieve a net profit of $100,000 to $125,000 this year, with a net profit margin of 40-45%.
"What's the average profit month after all expenses are paid? I'm uh we'll do probably 1 to 15 or sorry, 1 to 125 this year. Gross. net should be about 40 45. That's my hope."
Pending