Tweet
Welcome to the Episode Guides! Check out your favorite episodes, complete with Source Guides, to help with your design and renovation planning.

Income Property: Alison & Deirdre

Episode Theme: Retirement Fixer Upper

Alison and Deirdre are sisters whose only thing in common is their DNA. They’re best friends, confidantes, and partners in crime, but most of all – nothing alike. Alison wants to buy her very own income property, but Deirdre thinks it’ll be a hassle, and discourages the whole thing. Scott helps Alison approach her purchase as a investor versus emotional homeowner. It’s about practicality and functionality, and of course – some sibling rivalry.

Design Theme: City Chic

The Numbers

Purchase Price: $550,000

Realtor Appraisal: $680,000

Increased Property Value: $130,000

Chosen Renovation Option: $60,000 – Single family, 3 bedroom home with a new modern kitchen.

Alternate Renovation Option: $100,00 – Create 2 separate units – main floor plus basement, and second floor units.

Estimated Monthly Income: $3,600

More to Explore...

Scott and Juan

Spring Home Maintenance Checklist

There’s no better way to preserve the value of your house than with regular, consistent homemaintenance. So every time the seasons change make sure you do a thorough check of your house... Read More »
Top 5 Real Estate Secrets

Scott’s Top 5 – Real Estate Secrets

When I started investing in real estate over 15 years ago I had no experience and didn't really know what I was doing.  As a result, I made a few mistakes. But... Read More »
S10E134Kitchen1

4 Income Properties That Can Make You Money

Investing in real estate can be a great way to make money, but make no mistake - successful income properties require a lot of research and a lot of number crunching. Being... Read More »