Season 2, Episode 9
Recording Studio Rehab
For their next rental property investment, real estate agent Drew Levin and contractor Danny Perkins have a budget of $250,000 and a couple of weird properties to consider. The first place is a duplex that's listed for $145,000. Neither of the units smell good, and every single room needs attention. But with a renovation investment of $55,000, they could eventually get $2,400 a month in rent. The second place is a 3,000 square foot Victorian home that had been previously used as a recording studio. At $190,000, it's priced higher than the first. But once they spend $40,000 on renovations, they could pull in $3,000 a month in rent.
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