I’m Anthony. Hi, I’m Anna. And we’re the Gallos. We buy, renovate, and manage homes in Greenville,

South Carolina. While some investors chase the quick flip, we play the long game. Famous last

words. Building our portfolio for the future. When others run away from an opportunity, we have here.

This is the swimming pool. We run toward it. And we do it all. So, we’re ready for the next one.

We’re ready for the next one. So when things go a little sideways, we are definitely a rewire. You don’t even have a ground. There’s no one to blame because flipping homes is harder than it looks. It

takes a great team, trusted partners, and a lot of hard work. From choosing the right property

to securing financing, gets me a contract and a budget to seeing our vision all the way through. Join us for the real story of the ups and downs and everything in between. Welcome to a day in the deal.

Greenville is special in a number of ways to us. I think most importantly having the connection

with the community and feeling that you can actually make a difference here is really what drew us here. The Gallo Company is a vertically integrated boutique real estate firm. We have 12

employees. We’ve been here for nearly a decade and we are making and producing products and I think attracting individuals that will leave a legacy on this community hopefully a lot longer than

the Gallo Company will be around. I guess I never really thought I would be in real estate. But when

I met Anthony we kind of developed this idea of working in real estate first. I started with our own personal residence working on that, designing it and it was, you know, kind of our first try at

even designing together and doing some of the work together. And I think we were pleasantly surprised at how great things turned out. Anna is my support for pretty much everything I do. So the

confidence I have behind writing contracts, doing projects, leading this team is because of her. He has all the qualities that I don’t have. And so together, I think we complete each

other. That sounds so corny, but it’s so somewhat like that. Yeah. Appreciate that. As as a child, you hear if you do something you love, you never work a day in your life. And I don’t think I

really understood that until we we started working together. Ultimately, I feel that we’re really grateful to be in a place that is welcoming. And as Greenville continues to grow, we’ll continue

to have an opportunity to leave a legacy and we’re we’re very much on board with that.

Morning. Morning. How are you? Good. How are you? Good. What’s going on? Making tea.

What kind of tea are you making? I am doing green tea, hibiscus, and then maybe a Russian caravan.

How’s your morning? Good. You wanted some of the hibiscus? Yes, please. We’re getting ready to go

3 minutes

Great to see you. Good morning. I think I’m in a tea mood today. What we got going on here? We have a green tea habiscus and then I know you’re a fan of the Russian caravan, so I already have

it out ready to go. Let’s do it. We got to get you caffeinated. We got We got deals to close today.

Yes, sir. Yes, sir. Ronnie’s coming in at 1. Yes. So, I’m Ronnie with Finance of America Commercial.

That actually that might work out well cuz if we can get over to park this morning, we could take a look and then once he comes in this afternoon, we could probably put together

a contract if it looks to. That’s a quick turnaround. can do it. It’s all mental math.

Paint and patch. Come on. Paint and patch. Patch. We get our morning started strong around here.

I think this is the neighborhood we need to be in. Location, location, location. That’s great. Well,

having right down the street from Town Street. Do you think we need another house here or should we

look at a different neighborhood? I know you don’t think we’re overly concentrated in one spot. Well,

we have the other few projects in Sans Souci, I think the location goes without

saying it’s great. I think your comment about portfolio mix is valid. Another consideration,

multifamily versus single family. Yeah, we do a lot of multif family, so this could have the potential to be a single family. Based on what we’re seeing from an

absorption perspective, I think we’re we’re positioned well to go with the single family.

Here she is. What do you think? It looks great. Moving ready.

Yeah, this is beautiful. Feels right. Very cute. Look at that. Let’s go see what’s going

on inside. We got our swing already. Yeah. This is really cozy. You want to try it out?

Okay.

Home sweet home. When was this house built? about a hundred years ago. It would be nice

to keep it as a single family residential. The portfolio I think would warrant it. I

love the windows here. Probably wouldn’t need to replace them. What do we got back here? Expansive kitchen. Oh, look at that. It goes out into the backyard.

Oh, that’s cute. Is there a creek in the back? There is. Look at that. Definitely have some

mature foliage here. Have to clean it up. This would be an awesome amenity to have near downtown.

Yeah. Nice that it’s raining. See if there’s any leaks. This this kitchen is not going to work.

It’s really small. Let me see. I like coming in through the front also. But the problem is

it’s just too small. I mean, if we were to if we were to move that kitchen over, what is that? So,

what would this be then? It’s just big enough to be a bedroom. It’s This is not big enough to be a

bedroom. I mean, the door of a study. Yeah. Well, with the door with the door. Yeah. I don’t know.

Maybe we could put the kitchen on this side. Well, you got the natural light coming in. That would

work. We could put the dishwasher into the island and maybe put the refrigerator along the side so

you’d have enough room for the appliances. You just have to get Can you get rid of that fireplace? I’d be more inclined to keep it if it wasn’t already painted. We can cover it up. So, I

think I’m comfortable with relocating the kitchen, but I think for me to get comfortable with this, we need to see the rest of the floor plan. Want to go check this out? This This appears to be

a bathroom here, but all right, let’s go see the rest. Not really sure what’s going on. Oh, we have

resident stink bug. Evidently, I thought it was vacant. What in this? What is going on here? Oh,

musical doors. This is crazy. Is this the only bathroom? The only bathroom. Oh my gosh. This

can’t work. Look at this setup. Oh, look. There’s another exterior entrance in here. Parking. Oh

yeah. Look, there’s a little sitting area. So, this with this being a fireplace in here, this this certainly was always configured as a duplex. I know. It’s just a little awkward

of a design. Look at this. It’s almost like they added that vanity space after or something. Maybe we’ll see with this room. Yeah, let’s go take a look. So, that’s the second bedroom. There’s

a lot of windows in this place. Great for natural light, not great for wall space. So, if if we’re

convinced the single family routes is a way to go, we just need to have one more conversation. Is it a duplex or single family residential and the cost for each? And being in here,

I don’t know if I can foresee us being able to fit two units in here, which would be ideal,

but I don’t I just don’t think the layout’s going to work. I would agree that it’d be advantageous for a multifamily, but I think the floor plan is a challenge. I would agree. I think if you

look here next to the fireplace, especially if we’re not using the fireplace. Mhm. If you think

between that closet and that room that’s awkwardly shaped, you have a closet in the other room. If we

utilize the space around the fireplace, there’s probably enough area to fit a bathroom. The next question would be moving these walls to make it work. But I think you’re still doing some

significant redesign to make that work. At this point, we’re we’re probably we’re going to have to talk to Ronnie and see if the numbers make sense, but we’re ultimately repling a kitchen,

which you’re going to have to do anyway. At least two bedroom bathrooms. Mhm. So, two bathrooms replumbed a kitchen. the electrical. I didn’t bring my tester, but

I am seeing three prong outlets. But if you assume a rewiring of the home and then we know our MEPs, at least you’re only doing one unit instead of two. That’s true. I need to take a look at the

numbers, but this is off market. We’re going to have to move relatively quickly. Just knowing the ARVs in in this specific street and our purchase price, I’m pretty confident that we should move

on this quickly. It’s going to go. The house next door went on the market. They had multiple offers in one day and it went significantly over ask. So, I think we need to move quickly. Yeah.

Next time on a day in the deal, the Gallos make their move on Park Avenue. I think I’m ready to move forward. That is if they can get it funded. One deal,

one lender. Have we looked at numbers at all yet? One make-or-break phone call.