Kai Risdahl

How much cheaper?

We're averaging about $350 a square foot.

Okay.

Talk to me.

What is that?

So what we're seeing for new construction houses in the area is just for a basic, basic house, $450 to $650.

Is that right?

Yeah.

If you're trying to build something like this with all this built-in wood paneling and all this crown molding, that's like you're talking $1,000 a square foot.

Yeah, for sure.

So it's not really apples to apples.

Yeah.

all right let's poke around a little bit more god look at all this old stuff this is cool yes this was all under 47 layers of paint oh so you've got some refurbishing too yes oh yeah which is great i mean you know it's going to be beautiful 1911 house 100 and you know 15 16 years whatever yeah this is cool um as a business proposition you making money on this

It took a lot of research for us to figure out how to do this and to find the houses in the first place and put them in a huge database so that we could track them, so that we could be able to match them with people.

And that has been all on our own time.

And that has been a drain financially.

It's like pharmaceuticals, right?

The first pill costs you a zillion dollars.

Yes, exactly.

So, you know, from there...