Season 2, Episode 4

Going Home Again

Real estate agent Drew Levin and contractor Danny Perkins are looking to spend $400,000 on a new rental property…one of their biggest budgets yet. Drew surprises Danny with the first place - the house where they were roommates ten years ago. It's a great six-bedroom duplex, but the lower unit kitchen needs help, and the outdoor deck is falling apart. However, the yard is huge, and the upper unit is already rented for $2,800 per month. Next, they look at a three-bedroom place in Linden Hills, a desirable neighborhood that the guys have been trying to break into for years. In order for this one to work, it needs an $85,000 renovation that includes a kitchen extension and master suite addition. They ultimately decide against the risk of major construction, and buy the Green Monster duplex for $315,000. Danny's Achilles injury has healed, and he gets off crutches just in time to update the kitchen with a better layout, granite countertops, a subway tile backsplash, and a five-foot island with barstool seating. Outside, they build a new cedar deck, complete with a custom built bags set – the same lawn game that the guys used to play when they lived here. Drew takes a risk by bringing in potential renters before construction is finished, but it pays off when they decide to rent the lower unit for $1,500 per month.
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