Yeap, after a couple of weeks of Assmondo its the Than and Paul show. They buy a 2 unit family house. It is a 2 bedroom 1 bath on the ground floor and a 2 floor, 5 bedroom 2 bath upstairs unit. Unfortunately it has been a rental property for a while and it looks as if the renters are giving the owner problems and he just wants to get rid of the property. He calls the company and sells the house for $155,000. This is house was built in 1900, so is 107 yrs old. It is 2,800 sf, 8 bedrooms and 3 baths. What I really liked about this episode is that they showed the floor plans. The front parlor, dining room, kitchen, bathroom, and 2 bedrooms are the same in both units. The third floor has an additional bathroom and 3 bedrooms but they are laid out so you have to go through a bedroom to get to another. What a crappy layout. Hopefully they boys will reframe that. The budget is $55,000 and the timeline is 44 days.
Now I must admit there is an interesting chemistry with all the participants. All seem to be close friends yet all seem to be on the same page as far as this is a business. Although Than seems to be very ego driven and larger then life personality unlike Assmondo he can share the limelight. It was very scary seeing Than do seminars like Assmondo was. Can't A&E write some other plot??? What about the New Haven boys is that they are so much more professional than Assmondo and there are no temper tantrums. Especially with the illegal tenant, the guard dogs, illegal plumbing, the ceiling plaster falling down and the old fire in the basement.
Seriously, I have never been to a barbeque open house that seemed kinda staged but in the neighbours got a free meal, well good.
minus $14,000 realtors commission and utilities and insurance
potential profit: $51,000