Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
SPEAKER_02 (00:26):
From real estate
market as a whole sometimes
affect it.
Right.
In real life, we all learn it.
If you think about it, WayneDyer might not attract everybody
and everything in between.
SPEAKER_00 (00:43):
The Brad Wiseman
show.
And now your host, Brad Wiseman.
SPEAKER_02 (00:49):
All right.
We got a good show.
Got a great show.
Yes.
Lined up here.
We do.
We really do.
Yeah, and I've been talking tothese two people for quite some
time.
Actually, they were scheduled tocome on once before, and
something happened.
They were flying into Pittsburghor something like that.
I can't remember the exactdetails, but they were flying
(01:09):
into Pittsburgh and they end uphaving to cancel because they
couldn't get to somewhere theycould be on Wi-Fi or whatever.
So uh they are like stars too.
They have a show on A E and alsoin Hulu.
It's called 5050 Flip.
Now, I don't know if you knowwhat flip means.
Okay, what does that mean?
Not like a backflip.
This is like a rec this istaking real estate.
(01:31):
You find a house that's inpretty bad shape, and you end up
uh you know putting in so muchmoney and then you end up
selling it, and that's what it'scalled flip.
Oh yeah, it's called a flip.
I did one in my career, and Ihave to say, I was terrible at
it.
SPEAKER_04 (01:46):
Uh-uh.
SPEAKER_02 (01:46):
Well, yeah, I was
terrible.
And I'm gonna tell them when wetalk to them, I'm gonna let them
know about my bad experience anddoing one flip.
But actually, we have Dedrickand Crystal Polite.
They have a show on Annie andHulu, and like I said, it's
called 50-50 flip.
They already had filmed and didtheir second season.
It is a really good show.
I watched an episode last night.
It was really, really good.
I watched the episode location,location, location.
(02:08):
Uh, it was really good.
And they're just they're verydynamic.
They have a great show, and theyare here to talk to us about how
they do these flips.
Dedrick and Crystal, how are youdoing?
Brad, we are doing awesome.
Thanks for having us.
You're very welcome.
Yes, so um, you're from NorthCarolina.
No, we're not where I'm fromSouth Carolina, grew up in
Boston.
(02:28):
South Carolina.
Oh, wait, so you're from SouthCarolina, grew up in Boston,
okay.
And Crystal, where are you from?
SPEAKER_05 (02:34):
I'm from North
Carolina, but I also grew up in
Boston.
So that's where we actually metwith.
SPEAKER_02 (02:39):
Wow.
So you were closer together, youwere closer where you grew up
than you than you went to Bostonto meet, just because you know,
people go to Boston to meet,it's just a normal thing, right?
SPEAKER_05 (02:51):
Right.
We were kids, our parents bothmoved to Boston in the uh late
80s.
Oh, that's crazy.
Lived there a majority of mylife.
SPEAKER_02 (03:00):
Unbelievable.
So, yeah, so you you are doingthe show, which which is
incredible.
I did watch an episode of itlast night.
I watched a bunch of littlepieces, but then I watched a
full episode, and it was it wasreally, really good.
You guys have a great teamworking for you, and we're gonna
get into how did you get from,you know, I don't know what you
were doing before, but how didyou get to be uh a reality show
(03:23):
on A E and Hulu?
I mean, how did it get to there?
SPEAKER_03 (03:27):
Yeah, I mean, we
both were working regular jobs.
I was doing software sales.
Um, I hated it.
I hated working for someoneelse.
I always wanted to get into realestate.
She was doing a corporate job,right?
Working from home on a computer,on a headset all day.
And I'd always wanted to getinto real estate.
So we got into real estate in2017, started out.
Um, our goal was to build a buyand hold rental portfolio.
(03:48):
But we didn't have a lot ofmoney when we first got started.
So we started out wholesalingand flipping contracts.
We did that.
We started building a smallrental portfolio, and we were
renovating all these houses anddocumenting that process on
social media.
And then one day, um, AE reachedout to us.
They slid in our DMs and theydid it multiple times, and we
didn't really pay attention toit because you probably thought
(04:09):
it was spam, right?
We thought it was spam, right?
Yeah, and then you know theyfinally got in touch with us and
they were like, hey, we werelooking to do a TV show on a
couple in North Carolina, and wefound you guys.
And we were like, we werehonored, but we were like, Well,
we don't flip houses, we'rebuying properties, we'll
renovate them, and we actuallyrent them out.
We don't really sell.
And they were like, we don'tcare.
They were like, we just want todocument what you guys are doing
(04:31):
because we need to do a TV showon a couple in North Carolina.
SPEAKER_05 (04:34):
Well, it wasn't
really they were looking for
anyone specifically in NorthCarolina, they were just looking
for their next couple to do aflip show, and they were getting
back into the home space.
So they had been out of it uhfor years.
What do they say?
SPEAKER_03 (04:48):
Since like Fan
Merrill would flip that house, A
and E had not been in homerenovation for years, right?
SPEAKER_05 (04:53):
Yeah, back into it,
and they were looking to green
light three shows.
They were going through hundredsof applicants, hundreds of um
people, and we were one of them,and we ended up being the final
three.
SPEAKER_02 (05:08):
Do you remember
getting that call?
SPEAKER_05 (05:11):
Uh, yes, it was
actually during COVID.
So during that time, we had beengoing through round after round,
and it was a lot of Zoom calls.
And every Zoom call, it would bemore and more people on the Zoom
call from the network.
From the network.
And then the final one, we werereally just like, hey, we're not
(05:31):
gonna do it, but let's just seehow far we can get because it'll
be cool for us to tell peoplelike you know.
Like one of the finalists, youknow, one of the top three,
five.
And so that's really all we hadin mind.
Um, and then they was like, hey,we wanted to do uh a Zoom call
with you guys, uh, one more Zoomcall.
Would you mind?
We was like, no, sure,absolutely.
(05:52):
We got on that call, and it wasthe attorneys, um, producers,
like everyone was on the call.
And it was like, well, we wantedto say we we love you guys, we
love what we've seen.
The network loved the um sizzlereel that we put together on you
guys, and we want to offer youone of the uh shows.
SPEAKER_02 (06:16):
And we were like
really gonna get it, yeah.
Right.
So now you're like, oh no, nowwhat do we do?
Right?
SPEAKER_05 (06:23):
That's exactly what
it was like.
SPEAKER_02 (06:24):
It was like we kind
of have to do this.
Yeah, now you're like all of asudden you start getting nervous
too.
You're probably like, oh man, wethis is for real.
SPEAKER_05 (06:31):
Because we never
thought that we would actually
get shows.
We were just like, Yeah, we'regonna be able to tell people,
yeah, see people on these calls,and we're taking pictures of the
Zoom calls, like, yeah, so wecan show people like it.
Oh my gosh, that's hilarious.
So it was definitely a shockerto us, and we was like, that it
was like, Well, we don't have todo it.
I was like, uh, yeah, we kind ofdo now.
(06:53):
That's how we ended up doing it.
SPEAKER_02 (06:55):
That is cool though,
and you know what?
It it's kind of it's a funstory.
It really is.
It's a fun story, and it couldhave it could have ended up that
you told your friends, you knowwhat, we got to number three.
The th the thing that's cool isthat you were okay with that.
You know what I mean?
Yeah, like you weren't like itwasn't like you, it wasn't like
your whole life you desired tobe on AE, you know, and have a
flip show.
You guys kind of just likestarted doing this and you're
(07:18):
doing what you love to do, whichthen actually what's funny too.
Passion shows through.
And authentic and we talk aboutthis a lot on the show, is
authenticity shows through.
You know, when you're authenticabout anything in life, people
want to see it, people want tobuy it, people want to be around
it.
They they love authentic people,and that's what I noticed about
the show too when I was watchingit last night.
(07:38):
You know, it's real.
I I felt very much like you wereguys were real about it.
I mean, even though the stepsdidn't line up in the one show,
and then the then you had a roofleak that came into the kitchen,
that wasn't fun.
But you know, those thingshappen.
Um, so how many houses have youflipped now?
SPEAKER_05 (07:54):
Uh for hundreds,
yeah.
And for TV, it's just twoseasons.
So I think we've done maybe 16houses for television and
hundreds outside.
SPEAKER_02 (08:05):
Yeah.
And how much of it is real?
I mean, it's it's almost allreal.
I mean, those houses youactually flipped, right?
I mean, they're they were yourhouses.
SPEAKER_05 (08:13):
It's a hundred
percent real.
So Annie shoots documentarystyle.
SPEAKER_02 (08:18):
Okay, good.
SPEAKER_05 (08:19):
It's not scripted,
it's not scripted.
So, you know, you do have somereality TV show that is scripted
reality, yeah.
TV shows.
We are is documentary style.
So they're literally coming inand just documenting what we're
doing um every single day.
So when people see the houses,all we're doing is giving them
our um scope of work, ourconstruction schedule.
(08:40):
So our project manager's like,hey, this is what we're doing
every day of this week.
Yeah, this is what we'll bedoing next week.
And they're coming in andthey're documenting it.
The crazy thing is that meanseverything.
So even when you don't want themto show something like a fire or
a flood, it's like they're like,uh, oh no, we need that.
SPEAKER_02 (09:02):
Like, yeah, well, of
course, that stuff sells even
more.
I mean, I gotta tell you, asmuch as I didn't like the roof
leak, I was like, oh, this iskind of fun.
That's what I'm saying.
Because the drywall had fallenon.
What do you mean it makes youfeel like you've realized that
it's real at that point?
When you guys came in and therewas like drywall and water on
the floor, like oh man, I'mlike, you gotta be kidding me.
(09:22):
But you know what?
It made sense.
The roof wasn't done.
You guys had a wickedthunderstorm that came through.
The your contractor explainedit, and and and that's reality,
that's life.
This is what happens.
SPEAKER_05 (09:33):
That's exactly what
happens, and it's crazy because
it seems like when you'refilming a TV show, it's always
happening.
I'm sure it happens and youdon't really know.
It's like whack-a-moe.
SPEAKER_03 (09:46):
You're trying to
whack a mole, and you're like,
only because these cameras arehere, this shit keeps happening.
SPEAKER_05 (09:50):
And we can't
entertain, yeah, and we can't
like go into the houses prior.
Yeah.
So people are seeing our realreaction.
It it's us really reactingbecause we're not allowed to go
into the house that day onfilming.
And our project manager, our GCand them are coming constant
communication with um ourshowrunners and producers.
(10:13):
So they're knowing something'shappened and we don't know.
SPEAKER_02 (10:16):
That's actually
really cool though, because in
that way it is, it's off there.
Once again, you got theauthentic reaction of, oh shit,
look at our floor.
You know what I mean?
Look what just happened to ourroof or whatever.
Yeah, though, that's that'sreally cool.
And I noticed, and that's theway I noticed the show is that
it wasn't, it wasn't, I couldtell it wasn't scripted,
obviously, because it was real,it was raw, and and it's it was
(10:38):
good.
It was really good.
Actually, you drew me in.
I was I I wasn't even gonnawatch the whole thing, I have to
be honest, because I was reallyskeptical.
I was tired, I was tired.
It's gonna be boring, but we'llsee.
And I was talking, my wife'slike, You come to bed.
I'm like, Yeah, I'll be up soon.
Next, not knowing the episodewas 45 minutes or whatever it
is, an hour.
So you drew me in, and nextthing you know, I'm coming up to
(10:58):
bed at 11:30 at night.
She's like, What were you doing?
I'm like, I can't even explainit right now.
I said, I'll explain it to youtomorrow morning.
Uh that's funny.
But no, it was it was uh really,really good.
So let's let's go into this.
Is what I thought wasinteresting too.
That that you you have no realestate license.
Like you're not this issomething that you guys picked
up, uh, a love for doing theflips.
(11:20):
And actually, the rentals is howit started, right?
SPEAKER_03 (11:23):
Yes.
So you would fix them up andrent them.
Yeah, I mean, we put in our10,000 hours.
We don't have a real estatelicense, but we invested
probably a quarter milliondollars in our education and
paying mentors and paying overthe past decade.
I believe that learning theinformation that we need to
learn.
So we put in the hours, and youdon't people don't realize you
don't need a real estate licenseto flip houses, right?
(11:45):
Now, in some states a dozenstates, but most states you
don't need a license to flip.
SPEAKER_02 (11:49):
Yep.
SPEAKER_03 (11:49):
Right.
So yeah, it's it's been amazing.
SPEAKER_02 (11:51):
Yeah, it's it is
amazing.
Now, do you use you?
I saw on the show you do userealtors though for your comps.
There's a realtor that becausethe I remember at one point she
said, I'm gonna go, she gave youguys the comparables and where
they fell in, and it fell onaround 300, it was like 307,
304, and then the one was 300.
And that's where you guys endedup, you know, pricing it.
So you have an agent that youhave a relationship with that
(12:12):
helps you out with that.
SPEAKER_03 (12:13):
Oh, yeah, we partner
with agents and our agents
indispensable on our team.
SPEAKER_05 (12:16):
Uh, we we know how
to run our own comps, but we
always have our agent runningjust to check our comps to make
sure we're absolutely oh yeah,and we and we tell people like
you get an investor-friendlyrealtor, one who really is
invested in your market, knowseverything that's happening,
keeps up to date with the marketas well.
So our realtors are we have onethat is intricate to our team,
(12:40):
so she's like our go-to.
So she's an investor as well.
SPEAKER_02 (12:43):
So she understands
cool.
Yeah, yeah.
She understands that you youmake money when you buy it, not
when you sell it.
SPEAKER_04 (12:49):
There you go.
Absolutely.
SPEAKER_02 (12:50):
Yeah, isn't it funny
that if you do real estate,
everybody knows that that term?
It's very, very true, very true.
So you also have two boys that Isaw on the show, and they're
(13:29):
very much into basketball, andthey're really good at dribbling
a ball.
Um, it's it Keenan and Kennedy,right?
SPEAKER_05 (13:35):
Correct.
SPEAKER_02 (13:36):
Yes, so tell me a
little bit about they're in the
show.
I mean, you know, some peoplelike to will say, oh, we don't
want the family involved in theshow, or we don't want to show
them on the show.
But I think it makes it makesyou guys even more real by
seeing the kids in the show.
I think that's cool.
SPEAKER_05 (13:51):
Absolutely.
And one, they're a part of thebusiness, they're part of uh
what we're building.
So it was only natural thatpeople actually see um our
day-to-day, right?
Because our life is not justflipping um in real estate, they
are a huge part of it.
So it makes sense to um reallyhave them on the show so people
(14:14):
can see the balance that wehave, right?
SPEAKER_02 (14:16):
The real estate how
you try to juggle and try to
balance, right?
We're all we're all trying tobalance with kids.
Absolutely.
SPEAKER_05 (14:26):
And I remember they
were trying to do, we were gonna
do an episode where they waslike, hey, we should really do a
day in the life of me.
And because they was like, Man,you're just going nonstop.
We should really show peoplewhat you do from the moment you
wake up, yeah, um, till thatuntil you go down.
(14:46):
So they was like, Hey, could yousend us your schedule?
Just document what you do um andsend it to us for like two or
three days.
SPEAKER_03 (14:55):
That was the first
mistake they made.
SPEAKER_02 (15:00):
I sent it to them,
and they were like, Okay, well,
they're like, maybe we'll doanother show with that.
SPEAKER_05 (15:10):
Exactly.
That was like, and that's whatthey said.
They said, This is an entireshow on its own.
They was like, You really do allof this and then film for 10
hours a day.
So we film five days a week, 10hours a day.
Wow, that's a lot for about nineto ten months straight.
That's a lot.
(15:30):
Yes, yeah, and when I sent theschedule, and they was like 5
a.m.
Oh, yeah, this is uh a trainingat 6 a.m.
at hair and makeup, then you gothrough filming, then you get
off immediately, you run, grabthe boys, get one to training
here, get that.
They're like cook dinner.
(15:51):
Yeah, cook.
Like they were, okay, maybe,maybe not do a day in the life.
They said, Man, I we'd have topay this whole crew double
overtime to come this.
SPEAKER_02 (16:02):
Did they ask what
DeRick does then?
Uh I just look pretty.
That's all that's awesome.
Yeah, that is funny.
That's the thing with whenyou're with what you guys are
doing.
It's it's a lot.
I mean, that's a lot.
I can't imagine putting thatinto.
I mean, we're busy, we have twokids too.
We get I I get that part of itdefinitely.
And my wife is amazing withthat.
(16:22):
I'm definitely more like Dedricka little bit.
Uh, where I I she knows all theschedules, you know.
Mom, I always say mommies areamazing.
They really are.
They really are.
I don't know what we would dowithout them.
They're the best.
Absolutely.
Yep, absolutely.
Well, I love it that they're onthe show, and I love it that
they're part of the of the wholebusiness and everything.
And I know that's a big, bigthing for you guys because I
(16:43):
read that in a couple differentplaces on your website.
I read it in different placeswhere you you want them to be
involved.
You want them to learn aboutwhat you guys are doing, which
is really cool because the kidslearn from what you they learn
from what you do, not from whatyou say.
Absolutely.
So it's it's it's veryimportant.
Oh, I this is the one thing Iwanted to say that I really,
really enjoyed it really hithome for me.
And it's on, I think it's onit's on your one pager.
(17:06):
We call them one pagers whensomebody's trying to book, when
we're trying to book you as aguest or whatever.
It said, with just 18 summers toshape their children's futures,
the polites have made everymoment count, proving this that
success doesn't have to come atthe cost of family.
I love that.
You know, when we think aboutsummers, or you think about
(17:28):
instead of us saying somebody'sgonna be 18 years old or
whatever, and you think aboutall those days in between, but
when you say 18 summers, thatreally, really hits home.
SPEAKER_03 (17:38):
Yes, yeah, really
hits home.
How limited the time is, Brad.
Yes, we only have 18 summers tomake those memories, and we try,
like we have multiple vacationsand trips, and it's about the
memories, right?
It's not about the summer.
Oh, absolutely.
The memories you create withyour family, your loved ones.
SPEAKER_02 (17:54):
No, I that that
really hit me, and it actually
affected me as I'm thinking backbecause my daughter's 13, so
there's only five five morethere.
Uh, and my son's 10.
And it really hit me.
I it I like kind of was like anemotional moment, you know, when
I read that.
And so I th I love that.
And I think that's really coolthat you guys realize that.
You know, there was anotherstatistic that I just heard, it
(18:16):
was on Ed Milette show the otherday.
I quote him a lot and I listento him a lot on podcasts, and
they said that uh that you youguys will appreciate this, from
zero to twelve years old is whenyou is you'll spend 75% of the
time that you're ever gonnaspend with your kids from zero
to twelve.
I agree.
From 12 on is the other 25%.
(18:38):
So isn't that scary?
Or isn't that like that that hithome that hits home?
SPEAKER_05 (18:43):
Yes, it does, and
it's so true because we have a
12-year-old and you can see thatyeah.
SPEAKER_02 (18:49):
Yeah, and uh because
they have friends, they want to
do their friend things, theybecome more independent.
SPEAKER_05 (18:55):
Yes, yes, see it
now, like now that he's hit 12
and helping.
And me and name four or fivefriends, can we go to uh Sky
Zone this weekend?
SPEAKER_02 (19:09):
Yeah, Sky Zone.
SPEAKER_05 (19:10):
And I'm like, Yeah,
sure, you can go to Sky Zone,
whereas before it would be like,Hey, mommy, can we all go to Sky
Zone this weekend?
Yes, oh it's so true.
But I tell people when Iarticulate to people that we
have 18 summers with ourchildren.
That was um exactly what wesaid, even to the network when
(19:31):
we got started.
I told them I said, Listen, Ihave 18 summers with my
children, and I expect um andintend to spend every moment we
can with them.
So when I say five o'clock iscutoff time for filming, guess
what?
It's not 5.01 or 5.02.
(19:52):
As soon as it hit five, whateveryou don't have, you won't get
because after that, I'm runningnow to my family.
I still gotta cook for myfamily.
I still gotta help withhomework.
I want to know what's happeningin school.
And it's because I constantlykeep in my mind I have 18
summers with them before at thatpoint you're hoping they come
(20:16):
back home, right?
You're hoping, like, oh, incollege, during the summers
they're gonna come home.
But I tell people truegenerational wealth, and anyone
who follows us and knows us knowwe speak a lot about
generational wealth, and that'sjust because both of us came
from generational poverty.
SPEAKER_01 (20:29):
Yeah.
SPEAKER_05 (20:29):
So we already know
what that looks like.
But I like to also let peopleknow true generational wealth
for me is when your childrenwant to come home when they're
older and they want to seektheir parents, they want to
spend time with you.
That is true generationalwealth, not how much money
you've left them, how many uhdoors that you've left them.
(20:52):
It's about do my children wantto be able to be around my
husband and I when they don'thave to be in 25, 35, 40, like
we want to be with our mothersand now.
SPEAKER_02 (21:04):
That's awesome.
That's really cool.
Didn't think the show was goingin this direction, but I love
it, man.
This is this is great.
It's a different direction.
But this is what I love aboutdoing the show is that you know,
you get to meet people and andyou know, we all have families,
we all have an uh an upbringing,we all have a somewhere we came
from.
Yeah, but I think we're alwaystrying to make our the our kids
(21:24):
uh in a better situation, andwe're trying to do what you the
generational wealth of kidscoming back home to see their
parents, that's just an awesomething.
Never heard that before.
It's very, very cool, you know.
And I hope to be that for mykids too, or our kids too.
And I think you know, our wifeand my wife and I, we that's
what we strive for.
You strive for, you know, thatthey are proud of us and want to
come back to us.
Yep.
SPEAKER_03 (21:44):
And Brad, I just
want to make one point, and
that's why we chose to beentrepreneurs.
Yeah.
Being a business owner, youknow, nothing wrong with having
a job, but being a businessowner, sometimes you you trade
in a 40-hour week job for an80-hour week business.
Yeah, but it also can afford youfreedom, right?
We don't miss any of the schoolevents, we don't miss a game.
We're able to travel all aroundthe country every weekend with
them competitive soccer,competitive basketball, yeah,
(22:06):
because we we started a businessand we built the company.
So that's why I always encouragepeople to either start a
business or have a side hustleor something that can give you
that financial freedom and moreimportantly, the time freedom to
spend those 18 summers with yourkids.
SPEAKER_02 (22:19):
Yeah, no, that's
cool.
And and I agree with you 100%.
A lot of people do have sidehustles now today to be able to
have a little bit more freedom.
The other thing, too, that I'venoticed in in the workplace
today is I think the the ownersand the, I know we are as owners
of a company, they're a lotdifferent than they were when
like when I grew up, my parentsweren't allowed to leave work
for anything.
I mean, they just weren't.
I mean, my dad, my mom, theydidn't go to any of my stuff
(22:40):
during the day.
And I'm not saying anything badabout my parents.
My parents are wonderful and Ilove them so much.
But they they couldn't leavework.
And today, uh thank God I thinkour society has definitely
realized that the family unit ismore important than the dollar
bill in many, many times.
And that if the if the employer,if the employee is not happy or
(23:02):
the employee is missing theirfamily, they're not providing
the best uh job at their work.
They're just not.
Yeah, because they're they'renot they're not doing it right.
So it's just it's interesting tohear that.
And I think that's what I loveabout being real estate too.
I mean, everybody says, yeah,but you work like 75 hours a
week.
Yeah, but it's when I want to.
SPEAKER_05 (23:20):
Yes.
You know what I mean?
SPEAKER_02 (23:22):
It's when I want to
work.
Yes, I work more than somebody'sworking 40 hours a week, but I
can also go to the uh Halloweenparty during the day at the at
school, you know?
So it's interesting.
And I love I love hearing that.
The similarities is really cool.
It's it's really good to hear.
So I I gotta tell you a littlebit about my flip, uh, my flip
experience.
(23:43):
And and you guys, I noticed thatyou have a team, okay?
You have a team of people.
So, like you have a contractor.
I mean, you guys help too.
I saw on the show that you guysare in there with hammers and
busting stuff apart.
You're there at the houses andstuff.
But the mistake I made, and youcan maybe let me know if you
ever made this mistake, it wasjust me and like my my uh wife
(24:05):
at the time and and I think mydad.
And and what we did is wedecided we were gonna do
everything ourselves.
SPEAKER_03 (24:11):
Oh, you saw Chip and
Joanna.
You were like, I'm gonna throwin a tool belt.
SPEAKER_02 (24:16):
We were deciding we
were gonna do everything
ourselves.
And this is way before HGTVstuff.
This is way before this is like25 years ago.
So I'm like, yeah, I can I cando this.
What I'm gonna do is I'm gonnatear the cabinets out, I'm gonna
buy new cabinets, I'm gonnapaint the place myself.
Well, you realize you think youcan do it real fast.
Like, but then it became liketwo months, then three months.
(24:38):
Yes, and then you forget youhave a job.
unknown (24:41):
Yeah.
SPEAKER_02 (24:42):
So I'm out trying to
sell real estate.
Well, it ended up taking 90 daysuntil we got this place done.
And it basically the interestand it sitting and all that
really chewed up our uh a lot ofour profits because it ended up
we didn't get on the marketuntil 90 days, and then back
then it wasn't 30-day sales, itwas like 60 to 60 or 90 days
until you settled.
(25:03):
So we were out 180 days.
Now you guys know that's money.
Wow, yes, yeah, yeah.
SPEAKER_03 (25:09):
So you almost made
that same mistake.
Did you almost do that?
Almost, because I thought if youwere flipping the house, you had
to have a tool belt, you're theguy.
Yeah, right, exactly.
And I told Crystal's like, hey,we're gonna do this.
And she was like, Hold on, holdon.
She was like, first of all,you're not handy.
Second of all, you're an onlyday like construction.
Third, you're you're more of anoffice guy than field guy.
She was like, We'll make moremoney by hiring someone than us
(25:31):
trying to have to so right.
Right, and she was so right.
I'm glad she did.
SPEAKER_02 (25:36):
Yeah, nobody didn't
have Crystal on my side at that
moment, so nobody was there totell me who I really am.
Because I'm not I'm notmechanical either.
I'm not.
I mean, if you give me a wall tobash down, yeah, I can do that.
But I'm there.
Exactly.
Demo is easy.
It's the it's the everythingelse.
It really is.
SPEAKER_05 (25:55):
It's the everything
else.
SPEAKER_02 (25:57):
Now, where did you
guys get the eye for?
I know, Crystal, you go into ahouse and you were like, I'm
gonna I want this wall out, Iwant to open this up.
I mean, is this just uh justtraining from the 10,000 hours,
or did you actually always havea knack for design?
SPEAKER_05 (26:11):
No, actually, it's
just from the 10,000 hours.
What I it's funny, but the uhdesign of a house really comes
but from my love of puzzles.
Oh goodness, you're it's thefunniest thing.
I um that is like my my piece isdoing a puzzle.
(26:33):
Oh wow, um, a jigsaw puzzle.
So, and I look at everythinglike a puzzle.
So when I go into houses, that'sthe first thing I'm looking at
is the structure and the designof a house, and it becomes a
puzzle to me.
How can I maximize it?
So that's literally how I lookat um houses and design.
(26:54):
It's just just it's just anotherpuzzle to me.
Um and that's really where itcame from.
SPEAKER_02 (27:01):
Yeah, you you well,
you're good at it.
I mean, I know you have anotherthere was another lady that was
on there that does was that wasthere helping you pick out the
tiles.
And you were picking, yeah,yeah.
She's on the show.
I think she's part of the team,if I might.
SPEAKER_05 (27:11):
Yes, yes, our design
manager.
Yeah, yeah.
SPEAKER_02 (27:13):
She was great.
SPEAKER_03 (27:14):
Yeah, season one, we
didn't really have a team.
Our team was very small.
Oh, we I'm gonna have to watch.
We almost killed ourselves inseason one.
SPEAKER_02 (27:22):
Watch season one.
Oh, I gotta watch season one nowthat I saw that one of these,
because this was like this wasin season two, the one I think I
saw, or it was it was it later.
SPEAKER_03 (27:31):
It almost wasn't a
season two.
We were so stressed becauselisten, we had like a
three-person team doing the workof 15 people, so we were so
skeptical.
I'm like 20 pounds lighter.
Yes, we both had lost so muchweight, it was so stressful.
So, season two, when we cameback, we had a bigger team
because it's a lot of movingproperties.
SPEAKER_05 (27:48):
I'll tell you, the
day we wrapped season one,
that's why we ended season oneearly.
We had 10 properties that wewere supposed to do.
We stopped at six.
Wow because we was like, Look,somebody's gonna die.
SPEAKER_02 (28:00):
If we like to put it
on the city, contractor going.
I have a feeling Dedrick wouldhave been the one that's gonna
get wasted.
SPEAKER_05 (28:07):
No, it's gonna be
one of them contractors.
SPEAKER_02 (28:09):
Oh, one of the
contractors.
SPEAKER_05 (28:10):
Okay, we baby Jesus.
Let's let's go on and Dericsaid, let's wrap this up.
So we both end up in jail.
I said, I but it literally theday after we wrap, I remember it
like it was yesterday.
We both laid back in the bed,looked at each other, and we was
like, We ain't doing no damnseason two.
(28:31):
We were both over it.
We was like, we good, we enjoyseason two, we don't care what
they ask.
And it wasn't until we came backand we had some time off.
Look and vacation, vacation,meditated, prayed.
Um, and then a couple monthslater, we was like, okay, we
(28:55):
just gotta come back.
And then had a lot of peopletalking to us in our ear, like,
listen, first season is alwaysthe hardest.
But we also didn't followinstructions of some people that
we know who also have flippingshows.
SPEAKER_01 (29:07):
Yeah.
SPEAKER_05 (29:08):
And it was like,
hey, this is going to be your
job.
This is going to be your like,this is your new job.
Yeah.
So you're not gonna be able todo all the things that you were
doing previous.
This is going to consume yourtime.
And we was like, they don't knowwhat we multi-handed.
We had like five companiesgoing.
We was like, Yeah, we good.
(29:29):
What?
Oh we were I told him, never,and I'm usually the one who
listens.
Yeah, when somebody tells methat I'm not one who likes to
learn the hard way.
SPEAKER_04 (29:39):
Yeah.
SPEAKER_05 (29:40):
Um, but and when
they told us that after we
realized we said they ain'tnever lied, they we kept trying
to run this this whole TV showand then run five wholesaling
company, a flipping company.
SPEAKER_02 (29:56):
Oh my gosh, yeah,
there's no way you need to
delegate.
You need to you have toleverage.
If you don't leverage, you'llyou will, you'll, you'll be like
having a heart attack.
We learned that in season two.
Yes, yeah.
Well, I could well I candefinitely tell because you guys
seem pretty calm and see in whatI saw.
You seem pretty calm.
I gotta watch season one.
This is gonna be funny becauseI'm gonna sit down and watch it
(30:18):
and be like, oh, yeah, there'ssomebody gonna die.
SPEAKER_05 (30:20):
Yeah, and you you'll
see the tension during season.
Oh, really?
Oh, this is our contract, andyou'll you'll see it, and you're
gonna be like, ooh, yeah, man.
Crystal's getting a little mad.
Oh, this is uh this is uhdocumentary style.
This is definitely unscripted.
SPEAKER_02 (30:36):
Yeah, yeah, yeah.
Oh, that's great.
That's great.
So, what so before we wrap thisup, what what have you learned
through this whole process?
And and you know, I'm surethere's like a lesson that
you're learned, or actuallyyou're past season two.
Is there possibly a seasonthree?
Do you do you want to keep Doingthis, I mean, is there anything
that uh you see in the futurewith the show, or are you like,
(30:57):
okay, we did it and now we'regonna just do our own thing?
SPEAKER_05 (31:00):
Um, well, we did
sign up for four seasons.
Oh, wow.
Okay.
We are two through four.
So each year they go, they renewyou.
So we won't know until probablythe end of this year if there'll
be a season three.
SPEAKER_04 (31:13):
Okay.
SPEAKER_05 (31:13):
Um, so for us
though, we've definitely talked
about it.
Like we would, if season threeis green lit, we'll come back
for a third season as well.
And it's more so just because ofthe um outpouring of support and
love that we've gotten from theshow, just to see how it's that
(31:34):
show in the format has changedso many people's lives.
And it's just because they'reseeing a flipping show that's
not a million-dollar flip.
SPEAKER_02 (31:42):
Yes, I love that
part.
SPEAKER_05 (31:44):
Love that part,
sustainable and inspirational to
so many people.
Like, this is something I can doon my part-time, this is
something that I can do and keepmy day job.
This is something that you knowis attainable for me.
And we've had people from allover the country reach out to
us, people in prison.
Oh, wow.
You know, AE's big in prison.
SPEAKER_03 (32:05):
Oh, I didn't know
that.
Didn't know you're like, hey,when I get out, you guys have
inspired me to go into this.
SPEAKER_02 (32:10):
That's awesome.
SPEAKER_03 (32:12):
That's cool.
That's very cool.
Write us letters from prison.
SPEAKER_02 (32:15):
That's neat.
So you think you're gonna do aseason thing, and hopefully you
you can, which would be great.
And uh anything else?
I mean, are you guys gonna justkeep flipping or are you gonna
do more rentals or well?
SPEAKER_03 (32:25):
No, the platform
that is given us, Brad, has been
an amazing platform.
It was a once-in-a-lifetimeopportunity.
Um, we're currently getting moreinto commercial.
So I was just um evaluating anindustrial, like a three million
dollar industrial office umconversion today.
So we're getting more intoconversion uh commercial.
We do own a mobile home park.
Uh, we got into Sky ZoneTrampoline Parks.
(32:47):
So we sold one of our rentalsand we bought the rights to Sky
Zone from Burlington, NorthCarolina.
SPEAKER_04 (32:51):
Oh, get out of here.
SPEAKER_03 (32:52):
That's great.
SPEAKER_02 (32:53):
We have one here
locally in Lancaster.
There's one.
Yeah.
SPEAKER_04 (32:55):
Yeah.
SPEAKER_02 (32:55):
I think can we go to
we have because you guys are up
at Spooky uh Spooky Nook, right?
SPEAKER_03 (32:59):
Pittsburgh, we went
to one too in that area.
SPEAKER_02 (33:02):
I don't know if
they're cool, they're really
cool.
Yeah, they're amazing.
SPEAKER_05 (33:06):
And that's where uh
franchises are huge and next for
us as well.
So uh my dream and goal hasalways been to own a chain of
FECs.
So um we'll definitely be owningquite a few um family
entertainment centers, which arelike sky zone.
SPEAKER_02 (33:22):
Yeah, yeah, they're
great, they're amazing.
I know what I was gonna say.
This is what I want to say.
I love the fact that the pricerange you guys are doing, that's
what I was gonna say, is isactually like you said, it's
attainable.
Yes, like a lot of these shows,you're like, oh, well, they
bought it for 600, they put300,000 into it, and now they
sold it for a million and theymade you know 100, 2,000,
(33:43):
200,000.
That is just not that's notthat's not my wheelhouse.
That you know, that's nothappening.
SPEAKER_03 (33:49):
But yeah, they'll
say the husband's a school
teacher and he's getting verywell.
Right, he must be a professor.
SPEAKER_02 (33:55):
Yeah, he's doing a
side hustle for sure.
SPEAKER_05 (33:58):
Yeah, you're
wondering how you get the money
to do a foot like that.
Exactly.
SPEAKER_02 (34:02):
But what I loved is
it was totally in our your price
range is is pretty much likeours.
Like the house that you boughtand what you sold it for, that's
my bread and butter butter rightthere.
That's my that's my life.
So, like you bought it for 170,you sold it for 300.
We would do that around here.
Absolutely.
And that's what it was.
That was really cool because Idon't think I've ever seen a
(34:22):
flip show that actually hadhouses that to me were like real
home.
Like this everyday.
Yeah, exactly.
SPEAKER_05 (34:29):
Yeah, so that's I
think that's why so many people
gravitate towards it becausethey're like, this is the first
flipping show that they've everseen houses that a lot of them
grew up in, houses that peopledrive by in neighborhoods they
wouldn't necessarily stop in,but or this is my neighborhood,
like, and I didn't realize thebeauty of it anymore.
Like, and that these houses canlook like this.
SPEAKER_02 (34:51):
Yeah, it's cool.
So it's funny too.
We have uh uh I've done podcastswith uh agents in California,
Beverly Hills, and somethingthat house that you sold there,
that in the shape it was in whenyou bought it would have been
1.2 million in California.
SPEAKER_01 (35:03):
Oh, we went to San
Diego seriously, it's like you
it just blows your mind.
1.6 million for three bed, twobath, fifth fix it upper.
We were like, what?
Who can afford that?
So I always say, like, who whowhat are they doing?
What do they do for work?
Yeah, exactly.
SPEAKER_05 (35:18):
We spoke to a
realtor um out there because we
were out there also forbusiness, and we spoke to an
agent.
He was like, Yeah, it's thedirt.
SPEAKER_02 (35:26):
Yeah, it's the dirt,
it's the land.
It's the land, yeah.
SPEAKER_05 (35:29):
It's the dirt.
SPEAKER_02 (35:30):
It's incredible,
right?
SPEAKER_05 (35:32):
Insane.
SPEAKER_02 (35:33):
Yeah, it's amazing.
Unbelievable.
Well, I gotta say, I am so gladthat you guys got on the show.
Uh, we missed you a couple ofweeks ago or months ago.
Somehow we missed you.
You were coming into Pittsburghor something.
I think your flight was leaving.
Oh, leaving Pittsburgh.
That's what it was.
SPEAKER_05 (35:48):
From our son got
invited to USA basketball camp
out there.
SPEAKER_02 (35:52):
That's great.
SPEAKER_05 (35:54):
It started
thundering, storming, and we got
speculated.
SPEAKER_02 (35:58):
Oh, wow.
Well, it's not a bad city.
I like Pittsburgh.
Pittsburgh's pretty nice,actually.
Can't beat it.
It was well, thanks so much forcoming on.
I want you to come back again ifyou can to talk about your
family entertainment centersthat you're gonna be doing.
Uh, I also want to talk about ifyou're gonna be doing a season
three, if that actually happens,you guys got to come back on.
So I want to talk about thattoo.
SPEAKER_01 (36:17):
Absolutely.
SPEAKER_02 (36:18):
It's been a
pleasure, Brad.
Thanks for having us.
All right, you're very welcome.
Thanks so much.
All right, there you go.
Dedrick and Crystal Polite.
I gotta that last name.
If you had the name like Politeas your last name, that's just
wonderful.
You can't be rude.
Yeah, exactly.
You can't you can't be rude.
That's exactly right.
But that's amazing.
Make sure you check out thisshow.
They have season one and seasontwo of 50 50 flip.
It's on A E.
(36:39):
It's on Hulu.
Uh, it is a great show.
I'm gonna be watching more, butI want to watch season one
because it sounds like it waspretty heated.
All right, that's about it.
Thanks for watching.
It's every Thursday at 7 p.m.
We will see you next week.
Thank you.