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Episode 7 of Backed By The Bros just aired, and the project they helped take on this time definitely gave them a run for their money. The investors had been battling a string of bad luck with their property, and lost confidence that they could get the project finished. Between mold, water damage, contractor errors, and more, they were at a standstill with their reno as they tried to come up with a plan to get themselves out of a rut. They looked to Drew and Jonathan to help them save their investment and salvage their ROI before it’s too late.
“There are a million ways to buy, reno, and flip a home—and there are even more ways to lose money doing it,” Jonathan said. With Drew and Jonathan’s experience, advice, and resources, this couple was hoping this nightmare investment property could be turned into a dream home. “It feels good for us to help get these investors to the finish line,” Jonathan said. Tune into Backed By The Bros every Wednesday at 9:00 pm on MAX to stay up-to-date on this backing and more.
The Potential Backings
Christina & Arek
Christina and Arek have a single-family home with two garages in Glassell Park, a good family neighborhood with great views of the valley.
They want to turn their attached and detached garages into two rental units—a JADU (junior accessory dwelling unit) and a two-bedroom ADU. These two rentals could bring in around $86K of income each year, but right now, their money is sinking.
The couple has completed a couple investment rental properties together before, but this one has derailed quite a bit since they bought the home.
Through their renovations, some projects have gone sideways—the stucco outside was installed incorrectly, windows leaked when it rained and ruined the walls and floors, and they ended up having to gut the entire house. Now, they need the Brothers’ help in order to get this project up and moving, and push them in the right direction.
Analia & Arash
Analia and Arash have a single-family home with a detached garage in Culver City, a goldmine neighborhood with great restaurants and shopping, and a huge draw for renters and homeowners.
They sunk their life savings into a rental property and need help getting out. The goal is to build a two-story structure on their garage with a two-bedroom ADU, and renovate the house itself.
They both have experience flipping homes in the past, but Analia and Arash are not full-time flippers, and there are a slew of things they need the Brothers’ help on if they’re going to make this flip a success.
With an unrealistically tight budget and a less than stellar plan, this couple is hitting a dead-end on their property. Their quoted reno numbers are extremely low, which means the Bros might have to take on the brunt of the projects to make it work.
So, Who Do the Bros Back?
The Bros decide to back Christina and Arek on this project. Because Analia and Arash already have a contractor, Drew and Jonathan are confident they’d be able to succeed without their added help. However, they are going to help review Analia and Arash’s quotes and budgets for the flip, which is where they need the most backup.
Getting Started
Drew and Jonathan only have enough resources to get Christina and Arek through one of the ADUs. So they agree to provide advice and mentorship on Christina and Arek’s JADU, but will focus the bulk of their time and resources into the couple’s attached ADU.
Before and Afters
Making the Space Functional
This double-door entry into the bedroom area isn’t just beautiful, but it’s also incredibly useful. It separates the living and sleeping areas seamlessly. Added artwork and warm-toned flooring create a cozy living area.
A Versatile Bedroom
This ADU bedroom feels anything but small. It comes complete with a desk nestled into the window nook, a lounge chair, and a closet with plenty of storage.
Separate-But-Together Spaces
The two spaces are both separate and combined with the use of the sliding doors. Renters can close their bedroom doors for privacy or leave them open to make for a more spacious feel. This versatility is definitely an asset.
A Warm and Inviting Living Room
Windows in the living room allow a great amount of light into the space, too. They also included multiple hangout zones so renters’ guests have plenty of space to sit and mingle. The use of natural fibers, textures, and colors makes the room feel cohesive.
A Spacious Backyard Hangout
What was once an empty yard is now a fabulous backyard chill zone for friends and family to gather. Chairs and outdoor furniture make for plenty of seating while an outdoor area rug adds that much-needed warmth.
Shop the Look
Check out the decor, furniture, and more seen in this episode–and get it for yourself!
Click here to see all of the items featured in this episode!
wdt_ID | wdt_created_by | wdt_created_at | wdt_last_edited_by | wdt_last_edited_at | Room | Item Type | Product Name | Company | Product Code / Sku |
---|---|---|---|---|---|---|---|---|---|
1 | Kelly K. | 17/06/2024 04:19 PM | karina | 22/08/2024 11:49 AM | WHOLE HOUSE | STAGING | N/A | SPRUCED HOME | N/A |
2 | Kelly K. | 17/06/2024 04:19 PM | Kelly K. | 17/06/2024 04:19 PM | JADU KITCHEN | COUNTERTOP | STATUARIO LUXE | REVOLUX | STATUARIO LUXE |
3 | Kelly K. | 17/06/2024 04:19 PM | Kelly K. | 17/06/2024 05:00 PM | JADU LIVING ROOM | ENT. | ROKU TV 50" CLASS ULTRA HD WITH HDR | SHARP | 4T-C50EL8UR |
4 | Kelly K. | 17/06/2024 04:19 PM | Kelly K. | 17/06/2024 05:02 PM | BATHROOM | LIGHTING | CROFTON SMALL SCONCE | DREW & JONATHAN | DJV1031CH |
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