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YouTube your way to massive savings!

January 5, 2013 by Mr. 1500 Days 8 Comments

Railing system
I installed this awesome railing system myself, with no prior experience, Thanks YouTube!

Last January, we signed a contract to sell our old home. The buyers had a home inspection done and some of the “findings” were minor plumbing issues. Fine I said, “I’ll take care of it.” I’ve always done this type of work myself. To set the buyers’ minds at ease, I offered them the opportunity to inspect it again when I was done. That wasn’t good enough. They wanted ‘their guy’ to do it. This sounded like trouble, but we had been trying to sell the home for over 2 years, so we decided to let this request slide.

Their guy showed up and I asked him what he charged: “$99 for the first 15 minutes, $99 for the next 45 minutes and $99 for each hour after that.” He went on to explain that even if he went 5 minutes into the next hour, I’d be billed for the entire hour. Arrrrrrgh!!!! I almost passed out. It ended up costing hundreds of dollars for work that I could have easily done myself.

I have no idea if this is what plumbing labor normally costs. However, even if this guy had charged me 1/10 of what he did, I still would have been able to do the job for cheaper (about $20 for some random PVC fittings). Sure, it would have taken me a bit longer, but not much and I would have saved a lot of money.

It saddens me that more people don’t at least try to take on more projects themselves. In my experience, most people are incredibly intimidated by even small home repairs or projects. Their first reaction is to pick up the phone and call a repairman.

However, I want to show you a better way – YouTube. YouTube is not just for stupid cat videos anymore. Its a treasure trove of free, good information for just about anything. Want to learn to play “Stairway to Heaven” on the guitar? There’s a video for that. Want to learn how to brew your own pale ale (Mr. 1500’s favorite)? There’s a video for that. However, let’s talk about home repair and improvement.

Anytime something has broken, I have always been able to find a video with good and detailed repair instructions. You may have manuals or a book, but nothing trumps watching someone actually performing the repair. Often, you can find very specific information. The videos I have found weren’t general ‘how to fix a leaking faucet,’ but specific to my brand and model. In November, the lid switch on my Maytag washer broke. Here is how to fix it. In December, my bathroom faucet started leaking. Here is how to fix it.

However, it goes beyond repair. One of the skills that has saved me the most money is  tiling. Here are some of the jobs I have done:

  • Bathroom of house #1 (My first tile job ever. I was so nervous, but it turned out great!)

    Travertine tile in kitchen
    Travertine tile in kitchen, beautiful 16″ tiles
  • Two bathrooms in house #2, floor and tub in both
  • Foyer in house #2
  • Kitchen floor in house #2
  • Front step in house #2
  • Two bathroom floors in house #3
  • Backsplash in house #3
  • Three bathrooms in house #4, floor and tub surround in all
  • Kitchen in house #4, floor and backsplash
  • Foyer in house #4
  • Three bathrooms in house #5
Slate tile in dinosaur bathroom
Slate tile floor and shower with glass tile backsplash in the Dinosaur Bathroom. Awesome, right?

Learning to tile alone has saved me at least $20,000 in labor, but probably much more because of some of the natural materials that I work with. The best thing is there are tons of videos on YouTube that explain how to do it.

It doesn’t stop there. I have installed hardwood floors, learned how to plumb with PVC and Pex and acquired a ton of other skills. I’ve easily saved over $100K just by doing these things myself.

Its amazing what a resource YouTube is. Prior to YouTube and the Internet, all of this was guarded information. Now, it’s all out there and best of all, it’s free!

Hardwood floors in bedroom
Hardwood floors that I installed in the master bedroom

Still not convinced? I’ll give you two more reasons to tackle tasks yourself:

  • I have lived in many homes (we used to be flippers) and have seen my share of shoddy work. It may take you a bit longer than the professional, but I think that many of my jobs are better than what the professional would have done.
  • The sense of gratification is incredible. After you’ve completed a beautiful tile project or railing installation, you’ll want to put a chair in front it, sit down with a beer (hopefully a pale ale) and stare at it (with a smile) for a while. You’ll have something to be proud of for years to come. As an added benefit, your husband or wife will be in awe of your new skill.

So, the next time that faucet is leaking or your spouse is complaining about the green tub and toilet from the 1970s, don’t lament. YouTube it!

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Filed Under: Saving and Investing Money Tagged With: doityourself, money, repairs, saving, youtube

Reader Interactions

Comments

  1. my blog says

    January 7, 2013 at 7:10 am

    I’ll immediately grab your rss as I can’t find your e-mail subscription link or e-newsletter service. Do you’ve any? Please let me know in order that I could subscribe. Thanks.

    Reply
    • 1500 says

      January 8, 2013 at 3:41 am

      Thanks!
      http://feedburner.google.com/fb/a/mailverify?uri=1500Days

      Reply
  2. Jen says

    January 8, 2013 at 7:47 pm

    The wood floor is gorgeous! We used to be big do it yourselfers back in the day… Built a house 5 years ago and haven’t had to do anything to it (been nice) BUT I DO want hardwoods in our basement (currently carpet) and am thinking it would be a good project for my hubby.

    Reply
  3. 1500 says

    January 8, 2013 at 9:26 pm

    Hi Jen-

    Thanks! In that picture, it is birch which I do not recommend. While beautiful, it just doesn’t hold up as well as oak (despite what the flooring salesman tells you).

    You may want to consider a strand bamboo product. It looks good and is solid as a rock. It will resist moisture better than wood and you can also do a floating installation which may be necessary if you’re on cement.

    Happy home improving!

    Reply
  4. Johnny Moneyseed says

    March 24, 2013 at 10:57 pm

    I recently fixed my dishwasher with the help of the powers of YouTube. Easily saved $100. The problem was that the drain was sealed. All I had to do was run the damn thing again and it fixed the problem. I would have felt like such a moron if a professional were to have figured that out. 🙂

    Reply
  5. 1500 says

    March 24, 2013 at 11:04 pm

    Yeah, its amazing all of the stuff that’s out there! It’s cool that something that started out as just stupid cat videos has morphed into something that is actually useful.

    Reply
  6. Alex says

    June 10, 2021 at 11:36 am

    I just came across your blog and am glad I did. My wife and I just purchased a home that we would like to flip in the next 2-3 years. What is the best way to save on tools for all these projects? Rent? Borrow? Buy?

    Reply
    • Mr. 1500 Days says

      June 10, 2021 at 12:27 pm

      Awesome!

      I’d buy a took kit like this one from Home Depot. You will probably want a mitre (and maybe even a table) saw too. You’ll use those tools all of the time. Other tools like a flooring nailer that you’ll use only for certain projects may be better to rent. Here in Boulder County, we have tool libraries. I’d see if there is one in your neck of the woods.

      Let me know if I can help answer any other questions!

      Reply

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Freedom!

My goal was to build a portfolio of $1,000,000 by February of 2017; 1500 days from the birth of this blog (January 1, 2013). And hey look, I’ve since retired!

Investments only (primary home excluded)
1/1/13 (The Start): $586,043
1/1/14 (1 Yr Later): $869,635
1/1/15 (2 Yrs Later): $987,351
1/1/16 (3 Yrs Later): $1,057,961
1/1/17 (4 Yrs Later): $1,257,128
1/1/18 (5 Yrs Later): $1,527,701
1/1/19 (6 Yrs Later): $1,549,440
1/1/20 (7 Yrs Later): $2,035,040*
1/1/21 (8 Yrs Later): $3,379,746**
1/1/22 (9 Yrs Later): $4,762,642
1/1/23 (10 Yrs Later): $3,112,821

2023: Investments only
1/1: $3,112,821

Overall
2023 investment gains: $0
Investment gains since 1/1/2013: $2,526,778
Net worth***: $3,342,821

* The big jump between 2019 and 2020 was partly because we bought another home, but kept the previous (much more expensive) one as a rental. We have since sold it.

** Tesla.

*** Includes our primary home equity in addition to our investment portfolio.

Finally, we still have about $290,000 in mortgage debt (which I love!). No regrets about the debts!

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