Income Property Episodes
Foundation for Love
Barry and his girlfriend, Jenn, need to rent Barry's cabin to help put his kids through college and to help save for he and Jenn's future together. This is a second relationship for both Barry and Jenn so owning a home together represents their chance to 'start over.' Scott gives them two options: a cosmetic interior update or an interior update with upgrades and a screened in porch.
Second Time Around for a Second Family Vacation Rental
Mother and daughter duo, Lynne and her daughter Heather have already been through the pain of selling their family vacation home once before due to carrying costs. Now that they have a new country home in their family, they need to renovate and rent it so it's affordable. Scott gives them two options: a full interior makeover or a full makeover with the addition of their Bunkie for extra sleep capacity.
A Pricey Property Payback to Stay Close with the Family
Alex and Casey have 3 kids and dreamed of owning a lake house near Casey's mom's property. When a rare opportunity came up to buy one down the street from her, they jumped at the chance. Doing so has set them back financially and now need rental income. Scott gives them two options: a cosmetic update or cosmetic update with a full kitchen and bathroom gut.
Fishing Dreams, Rental Reality
Astrid and Sheldon decided to buy a vacation property after a tough year made them realize life is too short. The only way to keep their lake house dreams a reality is to renovate and rent out the space to offset the carrying costs. Scott gives them two options: an interior facelift or an interior facelift with a massive Boathouse deck to get top dollar.
Putting Family First with Another Baby on the Way
Nuala and Dave are a busy couple with three small kids and another one on the way. They love spending time at their lake house but with their family expanding so are their costs of living and now renting the lake house is their only way to keep it. Scott gives them two options: an interior makeover or an all seasons reno to maximize their income.
She's on a Mission of Independence
Caitlyn, a hard working young woman, needs to figure out the best way to cover the costs of her new lake house while also building her financial future. With her Dad Ron by her side, she is now ready to turn her dated property into a modern vacation rental. Scott gives Caitlyn two options: a mini facelift to cover the essentials or an interior remodel with some high-end finishes.
A Vacation Home with Rental Potential is Like Music to your Ears
Justin Rutledge, an award-winning musician, sold his city home to move to the country for some inspiration. He now needs to renovate and rent out his waterfront cabin to help supplement his irregular income. Scott gives Justin two options: an interior remodel to cover the basics or an interior model with an exterior upgrade to maximize curb appeal.
A Multi-Building Vacation Property with Chalet Charm
Shannon convinced her husband Noah to take a financial risk by purchasing a property in the country with four buildings on it. Luckily, one of the four buildings is already renter ready but now they need to get one more up and running so they can start covering their hefty carrying cost. To help Shannon prove this expensive investment will set their family up for success, Scott gives them two options: an interior makeover or an interior makeover with new windows and a deck build.
A Vacation Rental to Make a Dent in Some Serious Debt
Paddy bought his in-laws country home 10 years ago when its existence was threatened so he could ensure it stayed in the family for years to come. After a recent business deal gone wrong, he now needs to rethink his finances. Selling the lake house is out of the question, so with the help of his brother Brian, they're turning the lake house into an Income Property. Scott gives Paddy two options: an interior makeover with new windows or a remodel with new windows and a finished loft space.
A Savvy Savings Plan to Help Out with a New Addition to the Family
Jon and Kate need to start focusing on their family's fiscal future with the arrival of their baby boy, Dylan. To financially prepare for it, they want to renovate and rent their current home by the lake so they can maximize their rental income and start saving. Scott gives them two options: an interior facelift on select rooms or a remodel with some high-end finishes.
A Vacation Rental Renovation to Help Supplement a Wedding
Edray and Jessica fell in love four years ago and got engaged one year ago. Now, they're eager to move on with their lives, plan a wedding and eventually buy a house together. To make these life plans financially feasible, this couple needs to renovate and rent Edray's dated vacation property to bring in more rental income. Scott gives them two options: an essential interior makeover or one with new floors throughout and bathroom upgrades.
Keeping It in the Family to Appease Mom, Dad and the Kids
Carla and her husband want to sell their beach house and use the money to travel the world but their two sons, Nick and Daniel, wouldn't let them. The boys convinced Mom and Dad to renovate and rent out the property so that they can financially carry their beach house AND fulfill their dream of traveling the world. Scott gives Carla and her son Nick two options: an interior cosmetic update or a cosmetic update with a Bunkie for extra sleep capacity.
TA Rental Refresh to Make a Profitable Investment
Real estate investor, Dan, needs to renovate his worst performing vacation rental to make it a profitable investment. The property is in a great location, has good bones but is in major need of a cosmetic overhaul. To get things moving along, Dan enlists his brother Matt. Scott gives them two options: an interior facelift or a reduced interior facelift with a garage master suite addition.
A Vacation Rental to Help Take Care of Mom
Sisters Jen and Elana recently bought a property next door to their mom. They want to renovate it so they can demand higher rental rates and bring in families who will treat the space carefully. That way, they can afford the waterfront property for the long haul to care for their mom once she retires. Scott gives the sisters two options: an interior facelift with a powder room build or a full interior remodel with a powder room build.
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