We Bought This House "AS IS' for $200,000 CASH

Click here to learn more about Ethos and get your free life insurance quote in minutes: bit.ly/Ethos-Schoeller
In this video, I give you a full tour of our newest flip. We actually bought this from some flippers that didn't have the resources to finish the project so we will be picking up where they left off. I also teach you about comps (comparable sales) and ARV.
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#houseflipping
DISCLAIMER: I am not a financial advisor. This is for entertainment purposes only. Please do all your research before deciding what to do with your money and investments.
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[@JonSchoeller]

Thanks for watching! Click here to learn more about Ethos and get your free life insurance quote in minutes: bit.ly/Ethos-Schoeller

[@nancyison1070]

I can’t wait to see this finished. The baby make the house tours so much fun. She is soooo cute

[@ohslimgoody]

Can't wait for the finished product! That love for your Daughter just exuberates on both of your faces as well as her's. May God continue his blessings! Beautiful family just beautiful!

[@JonSchoeller]

🥰🥰🥰

[@chesapeake8588]

This house will be beautiful. Great to see Tyanna healed from her surgery. She’s so delightful and cute!

[@latashajolly8512]

Your daughter is absolutely adorable. I look forward to seeing her every week😇

[@tiffanyreid4084]

You guys are the cutest family ever Your daughter is a ray of sunshine ☀️ such a blessing

[@JonSchoeller]

Aww thanks

[@tiffanyreid4084]

@@JonSchoeller you are very welcome

[@starlight_44]

That is some mac mansion across the way, maybe it will inspire your contractor guy.👍☺️You picked a good neighborhood at least, the house just needs a make over, and it will fetch a good price.🤑🤑Hi to Tianna ❤️🌺

[@JonSchoeller]

We hope so!! She said "hello"

[@jeno264]

Going to be amazing when it's done! Hoping the moon boot comes off soon! Your co-host is such a welcome ray of sunshine 🌞😊💖

[@JonSchoeller]

She's the best!

[@BlessedbytheKingofKings]

Love the house. So much potential! Can’t wait to see what you do with this house!!

[@JonSchoeller]

Thanks for watching the video! 🤗

[@roxananunez4238]

She’s so precious 🥰

[@Posh32p]

🥀The house is going to be beautiful! Looks like you have it all figured out. Our houses in California would be about 2 million for that size & you are lucky to get 1400 square feet for 1 million. Nice share... 😊 Rihanna and Tyanna look beautiful as usual, John you are a blessed man. 🦋

[@JonSchoeller]

Very blessed 🥰

[@mrsvickigriffin]

Put in a laundry chute and put the washer and dryer in basement along with additional hanging space and a laundry soaking sink

[@JonSchoeller]

Great idea!

[@tyrarenae3486]

Hi guys!! This house is going to be beautiful once you are done! I love the size of the rooms and the layout! Cant wait !

[@reneeclark45]

I like the term "primary bedroom and bath." I have a painting business and we've been using "owner's bedroom and bath." I like primary better. Thanks!!

[@JonSchoeller]

Same! Thanks for watching

[@faithsmith8114]

Nice investment house… and great real estate education,,,, but honestly,….. I’m just here for that little ball of CUTENESS…. 🥰🥰🥰

[@JonSchoeller]

Can't blame you there

[@janewasson4845]

Wow! Did someone ever like purple! But like the lilac shade for Tyana's room! Across from the river? Pretty area, but hope folks have flood insurance there!

[@JonSchoeller]

The bank on the river is super high

[@prettyboimut1]

Your family make my heart melt ❤️🙌🏽🙏🏽

[@Jen-zz7nv]

Cute house! Can't wait to see it when its done. You're getting really good at these before and afters.👍

[@crystaldean183]

Omg , I really like that house. I just found you and your wife doing these flipping videos. I like them. So now I'm hooked! I have to watch more to get to know you guys, Yes, looking forward to it!!!! O and your daughter was with you guys today, she is sooo cute, and keeps you two going!! Lol. I can't wait till this house is done, going to be REALLY NICE!

[@feliciawebb7706]

Thanks for the information.

[@camc8879]

Dude I love these videos!

[@tamaleonellekamikazi9767]

Lovely Family, I love it. Verry nice🥰

[@angelicsmith6693]

God bless u and your family

[@JonSchoeller]

🥰

[@abigailjoseph7747]

Can't wait for the finish result 🙌 👏

[@angelicsmith6693]

I love watching yall videos

[@JonSchoeller]

We love that you love watching them 🤗

[@tashamills98]

Dang where is the up date b4 after? I would have loved to see this one all done. I love watching flippers. I knew you worked in real estate but didn't know you were flippers. My new favorite channel.

[@told1158]

I love the idea of turning the closet in to the laundry area.

[@annettemcgee8152]

IL love your house flipping projects 😍

[@tammyrobinson5468]

I feel you jon my daughter brought a modular home 5 yrs ago and your absolutely correct the sunlight or they call it sun bubble leak so they had to take it out and redo the kitchen that's wear their's was lo

[@tammyrobinson5468]

Their's was located in the home. Love tianna she's funny

[@JonSchoeller]

They are definitely a problem

[@sarahray016]

love this home! Good bones. I enjoy your videos!

[@JonSchoeller]

Appreciate the support

[@mrsvickigriffin]

That Mansion used to belong to CE White he owned several car dealerships in the 80’s. My mom worked for a decorator and made curtains for that house.

[@JonSchoeller]

Oh wow! Thanks for the info. I'm guessing you're local? Thanks for watching

[@mrsvickigriffin]

@@JonSchoeller yes I am local I’ve lived here 48 out of 49 years lol yes I am telling my age

[@lilyrose7082]

Wow! Love the history, that’s awesome 😎, thanks!

[@patsavage2714]

I know once your get finished it’s got to be beautiful

[@JonSchoeller]

🥰🥰🥰

[@lucywin8000]

I love the layout of the house but would change the blue and mauve colors.

[@JonSchoeller]

Yeah we are repainting the whole house for sure

[@Fusemoree]

The ANXIETY that I felt watching you near the missing porch and basement stairs... only for y’all to cut away and talk about life insurance 😂😂. Too funny. Anyway the layout of the upstairs is very interesting with the two different sets of stairs. I’m very interested to see the finished project and what you all do with it! Also that McMansion across the street is really nice though I may feel a tinnyy bit salty if I was one of the neighbors with a more rundown house. Also I laughed at you forewarning the thieves that the stuff was about to get moved 😂. Great video. ETA I liked the video just because baby T asked me too. She is SO adorable!!! 🥰❤️

[@lizcoleman5229]

The paint color you used in the house that you showed last week was very nice and would look great in this house I think. House needs a lot of work but I'm sure it'll look beautiful once done. Thank you for the education on real estate BTW.

[@JonSchoeller]

Thanks for watching Liz!

[@sandimarsha2414]

Great house, I really like the layout. Thanks Jon, this was very interesting and informative. Oh don't forget to untie Tianna lol..she has such a wonderful life.

[@JonSchoeller]

She says "Hello Sandi!"

[@sandimarsha2414]

@@JonSchoeller Oh my word!!! She said hello to me....My celebrity family. I'm showing everyone at the office tomorrow and keep it for life🤭

[@AdrianaFerreira-wv2se]

Dá para ver, o quanto amam esta princesa👑. Parabéns ao casal! Felicidades a esta linda família!❤❤❤

[@uniquely__awkwardsimply__b2701]

When I saw the video on my timeline I clicked on it as always once I seen the family faces! Started watching the video I was like . “omg Jon should have his own channel showing us more of this ! Not only is this entertaining it’s informative as well …. So I come to comment section to literally leave that comment then I see it is HIS CHANNEL! Lol had no clue you had a channel I didn’t pay attention to the name I just seen the family and assumed it was Rihanna channel ! New subscriber but not a new follower ❤️❤️❤️ this is awesome

[@JonSchoeller]

Haha appreciate the follow!

[@nextlevel3774]

You guys are a beautiful couple with a beautiful little princess 💖

[@JonSchoeller]

Aww thanks!

[@JL-rh8td]

That house is currently a mess but I know that once you get done, it’s going to look like new! Do you ever take out any non load bearing walls to make a room larger or more open concept? That living room will be small but maybe that’s what you have in mind for downstairs. Love all your videos!

[@JonSchoeller]

We do but that fireplace would need moved as well. If it was flat on the wall it would be easier

[@roxananunez4238]

Beautiful home

[@crisssymartin373]

I love the sense of humor 🤣 cool vids.

[@JonSchoeller]

Thanks for watching!

[@kellybroady6378]

What a cute house! 😍 We are currently in a love it or list it situation.. we need a main floor bedroom and bigger garage. Have an estimate for about 200k for this addition/kitchen remode. It seems like buying a move in ready home is just so overpriced right now! But building supplies also through the roof. Not sure what to do. We have consulted with a realtor and contractor/engineer. Wish I could get your opinion. We live in twin cities, MN NW suburbs. Have been In this house since 1978, great lot and we love our neighbors...but would be nice to start fresh. I'm so torn!

[@treasureb5506]

I like this house. It’s nice and spacious.I do think that u should put the washer/dryer upstairs it would be convenient. Also u should have taken the land.if it’s a desirable area ppl are going to pay too dollar for land they can build on and it’s on the river which ppl love

[@sylviendaw5501]

Votre famille est trop chou 😍 je vous souhaite le meilleur ❤

[@stellamarisebonihe308]

Your baby iluminate the house. I great combination😘

[@JonSchoeller]

She definitely lights up any situation

[@elsaa2023]

Beautiful house beautiful area I love it. from Canada

[@JonSchoeller]

Thanks for watching!!

[@Landofmagic678]

I know people joke about the grey but imo I think a darker grey painted siding would make the house look a lot better on the outside.

[@Franky_elsuave]

Good investment 👍🏾

[@judywhitehall7468]

I am excited to ese the finishing touch and i realy like the location. Dónt work the wife too much and get some one to help .

[@lholder1104]

Yes to putting washer dryer upstairs! 👍

[@susannaCdonovan23]

Former owners sure picked some funky colors to paint those rooms. You'll do well to remodel the basement to increase value. No stairs going to basement was surprising. The piping in kitchen is strange all right. Can't wait to see what you do for this home. It's got a lot of potential. The upstairs floor plan is definitely different. Wonder why two separate step-ups rather than a main landing? Must have added the main room to the right some years ago? BTW, was there an attic above the second floor?

[@JonSchoeller]

Didn't check for an attic. I usually stay away as they are too hot or too cold 🤣

[@susannaCdonovan23]

@@JonSchoeller Judging from your video I'd say that right hand side of the house, where the roof looks more projected was an add on many years ago? You probably have a crawl space up there in attic top (filled with Money?💸)

[@jamesgriffin2176]

Hey. I live in Michigan and you can find some cheap houses around my area. I have a question. If I invested let’s say $35,000-$50,000, but don’t have all the money for a rehab. Should I save up for a rehab or buy the property and fix as I go? How long is to long to be rehabbing a house

[@delovelyday430]

''IT LEAKS"...😄so true!!

[@doraalfaro4864]

Hi! What city is this?

[@ninajustice9535]

Jon a few questions about this property, you spoke about making the basement a living space, is it standard height ceilings down there were you can stand? Having the river right there would that be a plus when selling it? When looking at the comps in the area, would they have to have the river view as well? Just curious.

[@JonSchoeller]

We based comps off of houses at least 1 street off the river. There is head room but only enough to make a small living area.

[@Avotts]

tell Steve...good going....my 1st suggestion was going to be a cute, maybe unusual covered porch. The house iis way too large for a dinky thing.

[@JustCallMeChina]

Have you guys thought about getting into the AirBNB business

[@jessicawilliams2226]

Tyanna is so beautiful, my son would like her, they are the same age. The house looks like it is going to be super nice when done. Is the primary bedroom and kitchen/dining room area a add on?

[@JonSchoeller]

It seems like it. Thanks for watching

[@Mmvexxx]

how do you guys hold your properties. different LLC for each home? or perhaps a few per LLC?

[@JonSchoeller]

We don't hold these. Just flip and yep with an LLC

[@Anonymous-ji4sb]

What happens if you buy a house and something has been done to the house that didn’t have a permit? I grew up with 6 siblings, we had a small living room, a den, and a loft area in the same part of the house so my dad converted all 3 of those rooms into bedrooms for the kids. Also in the back of the house by the garage he paved over a part of the yard for parking. He did it all himself, so no permit… I have no clue what we’re gonna do with the house when he dies.

[@rachaelhasan5906]

Washer and dryer upstairs will be a better seller than in the basement for sure.

[@JonSchoeller]

Agreed!

[@kathleenferguson7537]

Love your little girl ,so cute.

[@JonSchoeller]

She's the best

[@oumysane3422]

I love you ❤❤❤❤

[@francesrubright4133]

Why don't you put the washer and dryer in the kitchen, my daughter has hers there and it is super convenient.

[@ebiweniibariweni3807]

Can you get same kind of house for me?…I’m interested.

[@yaletowngirl]

Wow really old house!!!

[@honeyb2582]

It's amazing.. where I live a house this size would cost over a million dollars give or take the condition . Maybe it's time to move lol

[@JonSchoeller]

Haha...come on over!

[@lilyrose7082]

Same here! And, this property is in flat land unlike a lot of the properties they remodel! Looks like a great neighborhood too!

[@Meadowswife]

Cool house! How old is it?👍😁👍

[@JonSchoeller]

1920

[@danielpolk9808]

That porch does need redone - I'd do it the full width of the slab, following the roof line

[@danielpolk9808]

And columns?

[@aichamountoto2196]

Trop belle ma fille 😘😘😘💜💜💜

[@frenchfruga4851]

Good evening , i live in south of France as a single man without family , i'm minimalist in order to be on retirement as soon as possible , i like watching videos like yours and sharing my experience by this testimonial : in december 2022 , i will be 40 years old and have closed the reimbursement of my apartment purchased in january 2014 , thanks to my savings on transport-food-accomodation , 12 years money earn back and back to the future in the first residence where i lived child Next year , i will invest in real estates to get more money for retirement and protect from inflation which is increasing with 4% in my country , congratulations for your story and i wish you the best for your future , in french i tell you " bonne soiree " 👍

[@BriaBarrows]

She’s so cute

[@buildergradetocustommade]

The cute. From baby gurl. I can't take it!

[@lavastar7701]

I would keep the deck the way it is ; it's great for playing squid game right light green light .

[@JonSchoeller]

🤣🤣🤣🤣

[@dezlewis8173]

🙏🙏❤️❤️👍👍

[@mirepronzola4904]

Cc Jon tu es un Michel Morin ....Tu sais tout faire de tes mains👌👌 Incroyable tes princesses tu t occupés très bien de ta famille bravoooo Jon ,👌👌👍👍💜💜⭐⭐⭐😍😍

[@HeatherB81]

“the boot” 🤣 This house is going to be GORGEOUS when it’s finished!!! 👏🏻👏🏻👏🏻 And do you ever think about what memories these houses hold from past inhabitants? I always think about that when watching these videos… like, what was the family like that lived there before and what happened in those rooms in the past?

[@JonSchoeller]

Definitely have thought about it haha

[@stayingalive646]

Reading about people grabbing multi-figures monthly as incomes in investments even in this crazy days in the market, any pointers on how to make substantial progress in earning? I would appreciate

[@theobatistuta9853]

[@theobatistuta9853]

The professional is Ms Jennifer Fortune 🔥

[@udell7175]

@@theobatistuta9853 Ms Jennifer Fortune has been managing my trading account for months and I keep making profits every week, I made $9,250 last week

[@karimdarcy5533]

@@theobatistuta9853 Really you know her😳... I even thought I'm the only one she had helped walk through the fears and fall of forex trading

[@zimmermannnelsen9214]

With my initial investment of 5,000€ , I made a profit of 11,500€ in Six days with Ms Jennifer Fortune

[@debbieflaherty1975]

🙇🏻‍♀️💭 Your little girl is absolutely delicious!!

[@abutts02]

Definitely have your work cut out for you

[@hanifabibi177]

Can everyone pray that my aunty finds a husband

[@delovelyday430]

🙏🏾 her and me both☺️

[@codezal]

Hi i am 12 y/o i am in 7 grade i live in india i want to study abroad after 12 grade so me and my mom will shift to usa for liveing there so can you please help me for finding a house when we came there after 5 years 😊 i think you will help me ! We dont know any one there who help us ☹ we dont have any our relatives there i think you will help me 🙂

[@Dreamertraveller]

Looks like you r not frugal anymore

[@JonSchoeller]

🤣

[@AlexiaM]

Hope the person in the mansion plans on living there forever or losing money 💀

[@desireeoverton7958]

Wow I'd a gave it to you for 20$ and let you put your 200 stacks into it

[@tghomebuyers9859]

Weird layoutttttttt

[@tghomebuyers9859]

But going to be nice once finished!

[@eloisarodriguesmartins8562]

Hello..speak more slowly, I'm training English.. Love family I am from Brasil..

[@JonSchoeller]

I'm sorry...I have always talked fasted. I'll work on it

[@eloisarodriguesmartins8562]

@@JonSchoeller ok.i understand tanks

[@ShellSellars-Smith]

Z is like porn.. not real. lol

[@JonSchoeller]

Z??