Title | : | You CAN Renovate On a Budget in 2023 |
Lasting | : | 17.10 |
Date of publication | : | |
Views | : | 87 rb |
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Join us for our next live show Tuesday March 14th at 5pm EST Cheers! Comment from : Home RenoVision DIY |
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Please do that video where you tell all of the “hidden gem” contractors that we can buy directly from! 5:05 Comment from : Beach Cowboy |
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do you want to come to Hawaii and shoot content and teach me and get cooked by the best chef my husband Comment from : Sharon Sharebear |
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Here in Southwest England we have sn equiverlant store like your Home Depot called B&Q Massive DIY store They do videos on how to do things like tile a floor, paper walls, etc I am a single mature woman who has done all her own DIY for decades I learned to do joinery, plastering decorating, tiling and now DemoThe kitchen is next I love doing it myself Saves paying £250 per day for a tradesperson Its not as perfect but it is ok Comment from : Cleopatra |
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Okay, I have a house that’s assessed at 131,541from maverick county the land is 61,008 and house is valued at 70,533 that’s no way 10 percent for land Comment from : Madmike79 |
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This video is a timely and valuable resource for budget-conscious homeowners It delivers a wealth of practical advice that covers a range of home improvement projects It's a fantastic guide for those looking to make their homes better without overspending Comment from : Pascal FOUQUAT |
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80 of this was just ranting Comment from : Yehana Vossen |
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could you please do another video like this the writing was hard to read? thank you Comment from : Andrea Goad |
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This is my first time watching you I think i like u Comment from : Andrea Goad |
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I tried renovating my home on my own Everything went well until I got to the plumbing The thing I learned from that hard learned lesson and like every plumber knows is: Water doesn't flow up hill, Fridays are payday and don't bite your nails Comment from : J Armstrong |
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Great video❤ Comment from : Susie Lewis |
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Oh wow! Thank you for the advice Solid! Comment from : ElectroBuilds |
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TRUTH! Comment from : Ethan C |
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Always great info on your channel ❤😊 Comment from : Chantal Rochon |
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Love these videos, Jeff, I just recently opened up a business accountthey asked me when my business was established and I told them just now Comment from : Mike Parsons |
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17:07 more facts Thank you Comment from : hacked by: buf0rd |
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Sounds good but in my area the big box stores and the wholesalers when it comes to flooring are almost the same exact price in some cases my local big box even beat them in price definitely shows not all markets are the same Comment from : BigCountry |
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I paid 20000 for my house and half acre It was an old camp and I thought I could live there and renovate it The problem was the person I bought it from is family and I totally trusted him I’m also a single mom and full time caregiver to my adult son with severe/ nonverbal autism I couldn’t do it… the bathroom ceiling fell in and the floor in the living room and bedroom started warping and it made the asbestos tile start breaking I moved us into an apartment for 2 years while I searched for a group home/supported living situation for my son He just moved in 2 months ago I’ve been taking on the challenges with the house because I can’t stay in the apartment without my son (Disabled apartment) I haven’t been able to get a regular job for the past 25 years, I’m 51 with no resume Thank you for making these videos They really do help and are even inspiring me to video my attempts / failures/ successes You rock Comment from : Jennifer Thibodeaux |
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This is a great, no bs video, that gives you a lot of useful facts in a short time without spending half the video trying to sell you on a "program" Comment from : leftydanvball |
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Felony tax fraud 101 lmao Comment from : Wesley Coffman |
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Wat stores do u recommend in florida Comment from : bbbbreakstiktok |
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What was the wholesale business that you suggested to go buy from? Comment from : Brian DeBill |
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Love your videos! I'm 26 and just flipped my first condo(thank you for teaching me how to do a backsplash and paint cabinets) I'm now under contract on my first residential home which is going to need a near complete renovation All your videos are very informative I appreciate what you and your team do, Thank you! Comment from : zodabee |
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Thanks Professor Jeff I am regrouping after more health problems and recovering time to work again I’m dedicating as long as I’m breathing I was thinks about a place to start or a book I still have not accessed the private page perks and organizing my renovation plans ❤ Cheers Comment from : JON Gergeceff |
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Best place to shop for materials is your local lumber supply, electric supply, lumber lumping supply, flooring store Home Depot and Lowe’s both suck Comment from : Synapse2k |
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Housing market is down Contractors rates are down There’s never been a better time for a renovation Comment from : Synapse2k |
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I always feel like I’m in trouble watching your videos 😅 Like I’m being called out Just purchased my first home this year and it needs a lot of work I’m hoping to start with a good knowledgeable foundation on how to tackle all the renovations this home will need But, at the same time this is my forever home hopefully I’m not trying to flip this home Do your long term strategy numbers only work for people looking to flip homes for profit? Or is this something I can use to factor in my own renovation costs? I feel so lost Comment from : Russie Jane |
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First time watcher/subscriber and I’m very relieved to come across your channel Comment from : Ferment |
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You are encouraging me I'm starting with small projects but thinking bigger Comment from : Annette Dubois |
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7:11 😂but 🤯 when you think about it… Love this guys channel Comment from : Cucchiara Family |
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I am so glad you mentioned the business thing Can you please expand on this concept? Comment from : Corey Stephenson |
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15:20 "Before we had debt and taxes" Clarification Taxes were WAY higher back in the 60s and 70s for the top marginal rate and perhaps lower for the common person Now the rich pay nearly nothing and people who earn a wage get shafted We need a wealth tax and a raise in the top marginal rate and a lowering in the lower brackets (Top marginal rate should be in that 700k+ range The wealth Tax and over 50 million would be not important) Comment from : Just Somebody |
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Hey wouldn't flipping houses and making a profit to pass down to your descendants just contribute to the problem to begin with? Comment from : r3versingm4chine |
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If you write off a portion of your house as an office, you have to pay capital gains on that portion when you sell It’s NOT FREE anymore Comment from : Bill M |
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A gallon of paint in ‘16 or ‘17 cost $2500 It now costs $50 - $7500 Comment from : Bill M |
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Hi , thanks for your effort to teach the construction technique and helping / motivating DIY community I live in Florida ( Tampa area ) and looking for flooring and cabinets wholesalers ( tried in google and got plenty, but wants to check with you ), do you have any recommended shops here ? Comment from : Siva Samy |
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I have been pricing out windows and siding, not sure i could DIY it All my quotes have been double the 10 you suggested for exterior work Not sure what to do Comment from : C Marie Boisse |
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I have so much to do on my house We just had a baby and I need to save money My sons window is broken, back door falling a part, and our French doors are rotting Most of the seals in my windows are shot as well Anyways, i need advice where to buy these items It is so expensive I am honestly scared to do this but a buddy is suppose to help me Can someone give advice where to buy other than HD Comment from : Frank Shelton |
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Land must be dirt cheap here😂 1600sqft house full basement, breezeway, 2 car garage, huge pole barn and 2story cinder block storage building, orchard, pond all on 12 acres i paid 64k Comment from : Misfitmorgan |
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Algorithm comment Comment from : C- Note |
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❤ Comment from : Rachel Noxon |
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Rich people made the Tax loop holes? ha ha ha ha ha ha ha ask any democrat and there swear up and down those loop holes only poofed in existence when Trump became president because they're that stupid Comment from : Jessie James |
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My husband and I are in the process of purchasing a 5 1/2 acre piece of land, there is a house on it that is not livable We want to try and save it, eventually move into it (3year plan) sell our current house, build a pole barn and barndominium We can do a lot of work ourselves Some days I think we’ve lost our minds, other days I can’t wait to get started Comment from : Mary Eilers |
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Prosell? I googled that and they seem to only exist in the UK What store are you saying? Comment from : Rowan Murphy |
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I thought menards and ace are in the same category as home depot Comment from : uguana11 |
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Hello Jeff Sir, I was wondering, if I send a picture of a design in my kitchen would you please tell me best idea on what to put there? Comment from : Moe |
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As a flooring subcontractor I can tell you why nobody will do it They don’t pay Contractors and authorized dealers want to give Rock bottom prices for installs So most of the flooring guys went to work in another profession Comment from : Cedric Mccalister |
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MENSA Contractors! Comment from : gmancolo |
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Loving these tips and tricks Comment from : Xandra |
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Love ur videos but I’d have to disagree After much research and various quotes I went with Lowe’s for my lumber package Lowe’s was less than 3 lumber companies I quoted multiple times as well Lowe’s and Home Depot was close but I have not received the best service there (even on the Contractor side) Same with Windows/Doors Received multiple bids from Windows/Doors contractor Lowe’s (Contractor side) still beat their pricing by more than $2K I’m not even including Lowe’s bonus programs which provide cash back I haven’t priced out drywall, concrete, roofing materials, etc but pricing on these initial items has been better at the big box store Believe me I was shocked as well Comment from : KaiserSouze |
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Thanks for all the videos, very helpful! Comment from : Christopher Skuster |
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Jeff, thank you for name dropping some alternatives to the big box stores, the hardest part as a DIY'er is finding those regional secret stores! Do you have a list of alternatives available for us to use or even contribute to anywhere? For example, I'd love to know where to find cheaper rigid insulation in southern Ontario! Comment from : Richard Medeiros |
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Preach! 💯 Comment from : Mary G |
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"My face is crazy itchy today I don't know why"it's the pain killers Comment from : Here for the videos |
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You are so right Jeff Home Hardware is amazing and its Canadian Comment from : Tom Connors |
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New sub Thank you for all this info Please do a show to provide all the names of places with discount prices in Canada And how to get write offs Awesome Comment from : Diane Cameron |
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Love your channel, however, I'm lost with the numbers, how is a kitchen worth 3 times the land?? is this a condo, and finally 30 seems steap for a kitchen; would you not recommend $ per sqft when budgeting a house reno? Comment from : Mo Realty Team |
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I love the level of sass in this video Comment from : Coconut |
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I’m happy to say it’s safe for me to say I love Jeffery because that’s my hubby’s name also 😂brWe are up north in cottage country and my son has his own contracting company, hubby is a machinist and he gets teased by him whenever he does something it has to be so precise, and takes twice as long to do You’ve helped us remodel our home we’ve learned so much from you and it’s funny because my son is so busy he can’t help us out, but sure he’s impressed with what we’ve done ♥️ Comment from : Tracey Maday |
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Wait home Depot employees know where the products are? I been going to Lowe's and they don't even know where to look! Comment from : Ignitable Virus |
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I'm in a house that hasn't been renovated except for paint and cheap flooring since 1975 when it was built In my area, they are selling mobile/manufactured homes the size of mine including lot for 600k with upgrades I bought the house for 180k and I am renovating it And the properties for sale have always been limited I expect a very hefty return on my investment by the time I'm ready to sell the place in a few years We're tackling the room that bugged me the most first, the bathroom, and it's a total gut It's a one-bedroom house, and I'm on a tight budget, so we're renovating it stepwise We expanded the room by about three feet on two sides because we had a huge closet on the other side of two walls We've moved the toilet to it's new location and we're working on putting in a two-system shower that is huge While we're doing that, the existing tub and shower surround stays so we can use the bathroom while we go It's hard living this way, because the vanity had to go (handwashing and tooth brushing in the kitchen sink gah!) But it's going to be so worth it when we're done We're using laticrete for the shower system, and plan on installing a floating vanity with glass bowl and high end fixtures, textured tile on the floors, new ceiling, new lights, installing an exhaust that wasnt there, plus beadboard lower walls and fresh paint We're upgrading the lights and electrical to install missing gfi The whole works So far in all the fixtures and materials we have already purchased and stockpiled, we expect to get the job done in right under 10k And that's using box-store and online ordered everything Not doing it would be downright stupid Comment from : Double Dragon |
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🙏🙏🙏 Comment from : Cielia Hatch |
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Thank you so much for this Gem Jeff, eye opener Comment from : Lord Kev |
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As someone who works for an industrial supply company, great suggestion on getting your materials There's 50 years' experience at your fingertips But don't come Karen at my counter I don't want your remnants back unless they come back in salable condition Comment from : Don Schamun |
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Jeff well said I have been a business owner over 5 yrs and being a boss is the best strategy and I have taken advantage of using My EIN instead of that terrible SS # 🤙🏾 Comment from : Tyliving 76 |
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Not sure the strategy will hold if a home owner wants to make a change because they will enjoy the change over, say a 40 year period of time Not just a "flip the house" type approach against neighborhood values and you hate the changes for those 40 years because you didn't want to spend outside the market value of a room Not saying to paint the house with gold, but a balance of future value verse future enjoyment This is the other side of the business part; a house is a home Otherwise, I guess we can just wait for avocado colored fixtures to come back in style again, change our houses over to them, and sell Comment from : Grace Malley |
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Land in urban areas of BC is closer to 70 😢 Comment from : Jdb107 |
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Sorry, that video was useless, not only to me I hope You din't need to exaggerate to make your point BTW what was your point? Comment from : J Badinter |
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So what other stores are available in Ontario other than HD, Lowes, Rona, Home Hardware? Comment from : Marauder2 |
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Find home builders and their suppliers! Bigfoot building supply in Calagry for example, half the price on doors, trim/casing to home dump I saved a tonne of money going to stores I've never heard of before Same with paint, call up the company on the paint can in your basement from the developer! Comment from : Shaun Voroney |
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Whsh i could firn some one to drywakk and complete bath room bri a masterbathroom in Butler, pa Comment from : Thomas Bridges |
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You need to do a vid on starting a business for tax write offs I'm renovating my house and would LOVE to learn more about this Comment from : Danielle Allison |
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what's your opinion on Home Hardware ? being from a small town I don't have a lot of choice and I don't know if would consider them a a big box store Comment from : Zackarius St-aubin |
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Hi Jeff! I recently came across your channel and I’m really hooked We are about to buy our first home and I am soaking up as much of your content as possible Your videos are extremely informative and detailed, thank you! One question, if we (my husband and I) are serious about renovating our not permanent home, would going into a trade school be worthwhile? We’re both in our mid-forties, but very much interested in learning more about this area I still do DIY’s and repairs, but would love to get better at it Comment from : Azuras Star |
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Hey Jeff you mentioned Ace as an alternative My experience with Ace is expensive compared to big box stores They sometimes carry nitch products but 90 of the time they cost more Comment from : Jason Fuessel |
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I am loving these types of videos and there are a ton of golden nuggets in them Opening a business is a genius ideathanks Jeff! Comment from : Akhtar A |
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I'm gonna say that "writing off" is a well controlled process If you file a schedule C I think it is, in the US, filing taxes is a lot harder And don't think they simply won't audit you on account of small margins! Comment from : Adam Omidpanah |
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A budget? not with democrats in office, ZINGok lame i know Comment from : Fart Smucker |
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Awesome advice 😊 Your channel has been so helpful in so many ways You rock! 😎 Comment from : Grasshoppers Path |
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All those percentages add up to 110 Comment from : Jose Fernandez |
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Step 1: buy home brbrLOLOLOLOLOL Not in the third-hottest market in the USA ☹️ Comment from : People These Days Be Retarded |
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Have you looked and and can you comment on magnetic flooring? It sure looks a lot easier to use Comment from : FLOBRN |
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wanting my tub converted to a shower The shower in a day people want $17-20USD The rip it out and tile to the ceiling people $25K Can you comment on painting the ceiling over the tub? Also tried to replace my ceiling heat vents and of course the 4x10 is too short on the flange part and the 4x12 is too big Guess I will be "derusting" and painting the old one BTW that Cost vs Value report is WAY off on the pricing they quote for the PNW in the states Comment from : FLOBRN |
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The idea of a contractor asking for a down pay as a bad sign is nonsense If I spend 2-5 hours visiting a site, measuring, listening to needs, offering professional solutions, researching product prices, and preparing an estimate, you can be certain I'm asking for a down payment That down payment is a measure of commitment from a customer brIt would be stupid to invest my time, money, and schedule a 2-4 week job without a financial commitment It isn't because I "can't " afford to finance the job, It's because I shouldn't have to Please reconsider your advice Comment from : honestly for real |
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Sometimes quality of life renos aren't going to make financial sense Some plan to stay in their homes for awhile It's not necessarily about ROI That's not to say I want to pay 10+ over market for a reno Given your car analogy, if that 15k fix is for my late grandfather's 1969 Camaro, Imma dump that money Markets aren't perfect and reasonable Comment from : L G |
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Great channel, Jeff! With regard to using a of your home for business use and claiming CCA, when the house is sold, CCA gets recaptured ("unclaimed") and capital gains apply if the house is sold for more than the ACB We decided not to claim a of our principle residence for business because tax on the capital gains would be MUCH more than the temporary CCA tax benefit and claimed expenses over 10 years Comment from : 360Sphinx |
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Thanks for all the info Comment from : Home Rapid Repair |
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I honestly just enjoy the knowledge and the calm, take a breath mentality that you have with your communication!brHave been watching for a long time while my wife and I had been remodeling all our homes over the years, and even after our crazy ventures, I still am up late just watching all your great content as you release it! brMany thanks, from the Brooks family!brAnd let me know if you need a great experienced hand! 👉 😅 Comment from : Gavin Durfee |
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Why you bashing home depot? They have better pricing than the small specialty stores Comment from : Rob |
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Anyone in the Seattle area have some advice on good building supply stores for renovation? Comment from : Robert Wolf |
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Sorry 10 or $50,000 for 1 bathroom is insane in ontsrio I got mine completely redone for $6000 including materials Comment from : Ryan Slats |
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He said kitchen is $150,000 and 20 or $30,000 of that is appliances Some very expensive appliances You should get Fridge, Stove, microwave, and Dishwasher for under $5000 buying from home depot in ontario or cheaper if you buy from smaller retailers who offer deals Comment from : Ryan Slats |
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I'm a homeschool mom and homeschool works the same way We join cooperatives and get teacher discounts at stores and services We get discounts on everything from stores to amusement parks I'm talking big discounts too Comment from : Marlo Renee |
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Wicked and very informative Vid brobrThanks for all the tips! Comment from : Dean Wilson |
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As a first time homebuyer I am in love with your content and your general cadence Excited to keep learning from you Comment from : CF |
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Roof? Windows? Doors? Comment from : ubergoodair |
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