What to look for when buying old house-avoid a nightmare-problems
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- Опубликовано: 2 авг 2024
- Do you know what problems to look for when buying an old houses built in the early 1900's so you can avoid a nightmare house flip? Today let's walk through a house together to inspect the condition and see all the issues that can come up with old houses. If it was build before the n 1960's or 1970's, then you could be walking into a nightmare. There are so many hidden expenses that can pop up to the untrained eye or a first time home buyer or newbie investor. The unknown repairs and increase and even blow your budget so you better get trained to know what to look for. We'll go over the numbers, how we got the lead and why the house is for sale.
To learn the most about problems to look for when buying an old house, please watch the full video.
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00:00- Intro
1:50 - Let's look at the numbers on this house
3:36 - The exterior of the house
6:22 - The floors can start settling from many issues
8:30 - You have to be able to identify aging roof shingles
9:40 - Keep in mind older houses may not have good size closets
11:25 - Let's look at the bathroom, there's only one and it's upstairs
14:30 - Old wood trim is larger, expensive and hard to find and match up
17:50 - You have to spot old cast iron plumbing, it will rust and corrode
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#buyinganoldhouse, #problemswitholdhouse, #inspectoroldhouse
As someone who only buys old properties, biggest issue is hiring contractors that wants to work on older homes.
yes, it's a specialized skill where they must know what they're doing and want to do it... It's not easy.
Yes. I have an 1897 brick house that I’m trying to renovate. I’m the owner, not a professional. I’m having such a hard time finding people who know how to work on a property this old and a property with 3 layers of brick through most walls.
As someone who does this work myself, the biggest issue is finding more problems and getting the owner to understand what all is involved. I’m lucky now to be working for one couple and they’re awesome. I could make more bidding jobs, but I’m content with a fair hourly rate and steady work.
How do you find someone keen but not changing insane?
As I walk in the house , you see the floor has the “gangsta lean” 😂
🤣🤣🤣🤣🤣🤣🤣🤣
you know the deal w/ that, it's just the culture we're from with that one..
"Gangsta Leaning" priceless
I screamed....😂😂😂😂😂
**Most Important Issues**
In an Old House:
1. Plumbing
2. Electrical
3. Foundation
4. Roof
- no galvanized pipes, no lead pipes, check the sewer line pipe to the street. It will need to be replaced - no doubt about it. The city will make you dig out the septic tank and have it removed.
- Electrical system is probably knob and wire. Must be taken out and rewired. Do not put aluminum wiring! A breaker box must be installed.
- Foundation, probably 18 blocks. The floor joists are probably rotted out. Sloping floors, walls, windows and doors are indicative of foundation problems. The upstairs gangster slant- not cool. Run away- or fall through.
- Roof, if an entirely new roof had not been put up within the last 15 yrs, your in it for the next $20,000.
Buying an old house is like buying an old luxury car. Can never stop repairing. I learned this from buying my firSt house.
“Tryna get that FUNK out!” 🤣🤣🤣
So basically 75% of the homes in my city including the one I live in (didn't even watch the video, once I saw the list, I could immediately relate lol) Also don't know if you mentioned lack of central air, which even if you add will not efficiently cool, the lack of insulation, the doors will have mortise locks that are pretty much unreplaceable, settling issue which will cause doors to not not lock. The good news is though, the homes are solidly built. Please do a companion article on what happens with new construction, which can be a whole set of different issues as well as when developers poorly renovate over old problems....
Thanks for the vid and the knowledge. I'm a real estate investor myself and I look for old home deals.
thank you for the video coach. I dont even look at houses with 1 bath. unless there is room to ad another one. I will pass on that house! thank you for your time coach. I truly appreciate it.
Brother, youre in Americ and talking about that market but you're helping me here in Japan. Thanks so much.
Thanks for the interesting video.
This is EXACTLY the stuff I love to see!!! Thanks Kris! I love self inspection videos and what to look for etc. Also estimating repair costs! Got any repair eVideos? - how to videos?
Excellent vid!!!
Thanks for the education!!! Keep up the great work of spreading love through teaching!!
Yes yes, it's an honor to even be in a space where I get to teach. Thnx for supporting my mission.
You had me at , " Gangster lean" LOL. I appreciate this video. Very informative. Subscribed!
Thanks for the sub! I think it's just in our culture to use words from the culture to describe other things. I really didn't even think twice but it's true, houses lean and it can be a real headache, thanx for supporting the channel my friend..
Kris I loved how you said,"I'm good." And you were out the door
Love the videos learning a lot from you 🙌🏿🙌🏿🙌🏿🙌🏿
What up Sergio, I'm honored to be able to serve u my friend. Please let us know what area ur of the country you're in as well?
Thank You for sharing this info. 1st time seeing a video of this type. That asbestos and lead paint can really be deadly. Many investors like the challenge and obviously have the experience.
U gots to know what ur doing on these old houses or u can really get in trouble. Thmx for supporting the channel
Thank you!!!
Great video. Thank you for teaching
Glad it was helpful! and thnx for supporting my crazy world
Great info
My house was built in 1918. My baby has lead poisoning. I wish I had seen this video three years ago.
Nice job on the direction of your video.
You may not have it in your area but.
Underground oil tanks, septic tanks and cesspool’s, asbestos pipe insulation and duct insulation.
Asbestos floor tiles asbestos in the plaster.
Old houses can also have knob and tube wiring and fuse boxes or substandard electrical equipment.
If your going to rent this house you have to bring it up to code.
The modification of the downstairs walls was probably a supporting wall you have to wonder if they did it themselves or got an engineer and permits.
I am looking to purchase my first home and I'm completely in over my head. Everything is so intimidating for me. I live in Illinois too and the property taxes a super high. I saw a youtube video yesterday where houses where built from the ground up in 2018 and completely falling apart in 2021. It seems so hard to find something that fits your needs and budget these days.
houses built in 2000's are very cheaply built, look for houses that were built in 1980's and 1990's. If the closet space a small, look for the house that has a small room right next to the master bedroom, you can turn it into your closet. Remember, the location and the size of the house is incurable, everything else is curable, and never ever skip home inspection.
I also live in IL and most of the houses in my town were built 100 years ago or more
Thank you for making this video.
U know I'm just a servant, it's just truth. Thnx for supporting
Thank you for sharing this information with us, much appreciated ❤
yes, this house was a mess. I'm not interested in doing too many houses like this.👉Make sure you join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
Stumbled on the channel. Love it and subbing!
Awesome, thank you!
OMGOSH! Thank you for posting this. So many of the houses in my area are at least 100 years old.
U best be careful w those old boys, they can really burn u if u don't look carefully. Let me know how it goes.
Amazingly dope video.
Im living in the south and I have a couple older properties, including the one I reside in (built in 1940s) ..they say only 3 types of homes exist here- brick ones, the ones that have termites, and the ones that WILL have termites..
I imagine the electrical wiring is probably old as well ... I’ve seen a friend deal with that nightmare firsthand led to holes being punch in the walls all over the house from top to bottom to replace and update .... nightmare I tell you thank you for sharing for us to see as an example first hand Coach 👍🏽🙏🏽
Yeah, old electrical is where I draw the line.
The Shamar Moore of rental properties.. thank you for all of this informative info..
WHAT?!?!?!?!?😉 I can't wait to tell my wife this one, I'll def take some of that S. Moore 💸💸💸, But on the real, thx for supporting my content and my crazy world, I do this for YOU!!!!
Thanks for the information. Inspection is this weekend for an old investment property will be looking out for some of these issues.
Fingers crossed for you my friend. IT's always something w/ older houses, 👉Make sure you join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
Wish I saw this 6 years ago. Boy oh boy did we get a doozy.
hey, if you have a house that is old and you can help others with what you've learned, please shoot us an email to get you on the channel to share. kris@krishaskins.com
Good topic
Thanks for this video i want a few rentals but i am reconsidering buying old
I would too, I don't want newbies buying old houses at all.
In New England, you have to hire a licensed contractor to certify the asbestos and lead removal or encapsulation. And, if no closet, it can't be counted as a bedroom. As for the trim, because there are so many older homes here - it's a little easier to locate. And lastly, there are still some that love working on the old houses. I have one who travels throughout the US - he's the real deal - true craftsman!
ok, that sounds interesting. Yes, there are some peeps that love that old stuff, I used to until I found out how hard it is to replace it. Thnx for watching my friend.
We bought a 1905 house in Pittsburgh. Mid way the stack collapsed. $5000 additional costs. No joke
OmJesus, this is exactly what I'm taking about, this would be a nice interview if you'd join us on my channel, please shoot us an email kris@krishaskins.com, I think u could help a lot of peeps
Jeeze, Morty. Sounds like a nightmare.
Our home was built 1985. We were able to get the electric redone there wasn’t any grounding and the minor roof repairs. The foundation was already partially rebuilt. It turned out that the foundation was ok. The hvac was still good.
Good vid...should get a lot of views
This was a great video. Thanks
I'm glad you got some value from this one. Don't get into these older houses until you KNOW what you're doing AND have a contractor that KNOWS what HE'S doing. 👉Make sure you join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
Found your channel and just subbed.Great content here!.
Thnx for supporting my crazy world, it's an honor to serve.
Just looked at a duplex to add to my portfolio. I was viewing a property built in 1930’s. Your vid helped me decide that this was not the project I’m currently lookin for. Thank you for your insight bro 💪💯💜
Glad it was helpful! Oh yeah, you simply never know what lies beneath the walls and the floors and the CRAWL space. 😉, I've got horror stories of houses, you prob did the right thing my friend....
He forgot to mention foundation cracks and mold
For a house that was built in 1900, the house is in pretty good condition. They built houses a lot better back then than they do now.
Create wood trim:
On my 1929 house I needed to replace some of the balcony floor boards. The original boards appeared to be custom milled and of a dimension not produced today. The boards had to be clear of knots and of a species that would take being walked on. I had to find some very expensive boards and have the lumber yard mill them down to shape. While safe and beautiful as repaired, the balcony does not meet current balcony code which invisions a packed balcony with dancers.
yes, yes... This is the real deal of doing older houses, you're living proof of what to expect. you just don't know until you live it... thnx for sharing my friend.
@@krishaskins the other wood match was for oak wall boards that had grooves in them. When I bought the house one of them was eaten through by termites. I had to get a set of router bits to get an oak board to fit
Wait a minute hold up. Check out the logo on that shirt good stuff mister
Ha! Watching this while searching for an old home …. We’re in hampton :)
Portsmouth have alot of old houses like that
You can buy non asbestos shingles to match the old ones. Just wet the damage asbestos material with soap and water and it just come off pretty easy. Most jurisdictions you’re able to remove the asbestos siding yourself. Just wear the appropriate respirator.
True, but I don't even like messing w that stuff, the city is extremely strict on how it's disposed of.
I’m under contract right now for this single family home built in 1964 that is a 3 bed 1.5 bath. It has an in-law suite that just needs a wall to separate it and it’s then a duplex. Also in the back they have a shed with a small room and another bathroom with a stand up shower that needs work but is set up to be another unit/room to rent.. A lot of potential for what it is and a could be. Especially since it’s in a pretty quiet and established neighborhood.
It’s got new roof, and HVAC. It’s pretty stable throughout the house, no gangsta leans 😆.
Only things I’m concerned with which I’ll be getting it inspected on Tuesday for is the electric panel, plumbing, mold and lead based paint. I’ll deal with the asbestos later because I do plan on maybe knocking down walls but with all the potential it has I think it’s a great deal being that it’s hard to find a duplex in a decent area for that price in this hot competitive market… we’ll see wassup after inspection on Tuesday. They want 225k, selling as is and the seller wants to close fast cause he moved to Miami I guess to start a restaurant business.
Ok, I think ur idea could work, but it's gonna be expensive. Have u checked w zoning to see if the property is zoned for a duplex? And if not are u ready to attack the city to do a zone change?
Trim is cosmetic....not a red flag item. 6:07 roof overhang is minimal with no gutters could lead to water draining towards foundation/mud sill. I would inspect the floor joists in the crawl space.
It's a really good condition house as it's 1900's. Much better than expected.
Would it be worth it to raze it and build new construction even w/ higher priced lumber and materials?
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From A Sista From By Way Of Brooklyn N.Y.C Again... GREAT Video😊
This feels like a home inspector point of view(knows a little bit about a lot). I find renovators/carpenters to be a bit more knowledgeable since they actually rip it apart and rebuild this stuff.
Wow, u got it right on the head. Being an investor is about making FAST decisions and not staying on one house too long. It s a skill that’s taken years to develop. Sounds like u know what ur doing by hiring the right people too👉Make sure you join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
Kris great video quick question with the pay per click company you use for PPC is there an additional cost outside of the monthly price, that you spend for this service, or is it all-inclusive?
Ok, good question. U pay them an ad management fee, then u pay for ur own ad spend. Unfortunately it ain't cheap. At times we pay over $100 a day but the leads come in on auto pilot and some areas a extremely heater than my area. Let me know what ur using and what county ur in? Thnx for supporting my crazy world.
Asbestos shingles isn’t really a big deal since the asbestos is in the cement. It’s a great insulator. You can always install vinyl siding over it if you’re concerned about it. It generally poses no risk as long as you don’t cut or drill into the material.
Yeah, but renters will not be as eager. I know. I just rented a place with asbestos ceilings with huge reservations, and I am moving already. The ceiling (with several cracks) isn’t the only reason, but it’s in the top 5.
good point, it does pose no problems, but today would you rather simply not deal with it, or say I want to be mindful esp. if you have kids in the house
If you're not planning on eating the ceiling or cutting holes into a ceiling, the asbestos ceiling poses virtually no risk at all. Asbestos was virtually used in most building products until the early 90s; so most homes have traces of asbestos products.
This is a tear-down. Nothing lasts forever.
Horse hair plaster, wood latest. No closets because , closets were considered rooms. All rooms were taxed.
Some postings just have a sly way of making you watch and listen, if even you didn't intend to!!!!
Lol, when he draw on that "subscribe" BLOCK, not only did I give him a "thumbs up", I watched till the end subscribed too!!!!
sweet, I appreciate that, It wasn't my team's intention to portray any click bait, we just found a pic of my face as we walked into the house and that oh so familiar smell of my little cuzin roaches chillin, so it worked,. I'm glad we were able to pour into you. thnx for supporting the channel.
Same 😂😂😂
The folks had one set of clothing, possibly a change for Sunday.
Back in the day.
I’m about to close on a house built in 1900. It’s good, but needs central air, duct work to 2 rooms for heat, I want to vent the bathrooms (not sure how you say that) and get a dryer vent set up. The roof is 15 years old, not sure about the electric or sewer situation and plumbing is galvanized pipes. The inspector said it’s a good house w no reds, several yellows. I don’t flip houses. Cost was 250,000 and they took 240,000 plus 2000 off closing costs. I don’t have a lot of money. I’m screwed aren’t I?
What about the electrical in that place? Its probably old knob and tube wiring
Hey Chris ~ Why 1967? I've heard that year referenced before I believe. What's the significance in that year when it comes to homes in this country?
LOVE what you do Brutha!! #KeepItGoin
hey Wayne, I didn't mean to say 1967, the year is actually 1978 when Lead based paint stopped being used. Our countrymen used some horrible building supplies for years, and still do so we have to be vigilant in understanding what they're putting into our products..
@@krishaskins I gotcha. Appreciate the reply sir!
@@krishaskins And my fault on misspelling your name Kris. IDK what I was thinking. Lol
Kris stomping up the stairs like he stomping the roaches!!! 🤣🤣🤣🤣🤣
According to the information regarding the owner he seems a bit desperate to sale the property in that case I’ll give him a cash offer at least 20k less than his/her asking price
Heating system please?
I’m looking at an old house now
I wish you would have had this video out before I bought this 1939 house.
older houses should discount IMMEDIATELY 40%, since improvements, energy efficiency, fixing, etc., will cost a LOT more as the supply crisis and materials are EXPLODING in price in 2022.
Galvanized plumbing is/was for water lines and gas lines.
Replaced by copper pipe plumbing, which is now replaced by
plastic drinking water pipe. comment please
leave buying old homes to experienced flippers. I remember buying a condo about 10 years ago. It was mainly cosmetics, but needed a new furnace and hvac. THat was a huge expense I overlooked and failed to negotiate the price accordingly. I still came out ok profit wise, but it was a rookie mistake because I was used to cosmetic flips up to that point.
So yes, leave old home flips to the experienced flippers.
yes, leave it to the pros, and i'm considered a pro and I still don't like messing w/ them. thnx for checking us out.
You missed knob and tube electrical, and real 2x4 s so it is harder to repair stuff oh and horse hair plaster… my first home was a year 1900 home as well.
yes, we didn't even get to that, it could cost another $10k to rewire that house if that's the case. I didn't check the elect. but I think it was already done.. good catch
I’m closing on one from 1910 this month. 😬
Where were you last month I just closed a week ago 😭
Hey, did u buy an old house? I'd love to hear more about it, kris@krishaskins.com
@@krishaskins gotcha
Buying a home in NJ for 1905 ugh house is remodeled …none of this… wish I can send you the home to get your suggestions
oh boy, i'd love to see some pics, send them over krisbuyshouses@gmail.com
This is EXACTLY what in looking at ...
Ok let us know how it goes. Do u have the contractor for the job yet? He must be somebody that knows old construction
When you said gangster lean I died 😂
Well, that's my culture we just apply it to houses.
Saw similar house and contractor ended up gutting it
Many houses in my area for sale 1890 to 1970
Is there a email I can reach you at to ask you a couple of questions when it comes to purchasing a whole house this would be my first big investment and I need some directions please
i WROTE AN OFFER ON A OLD HOUSE FOUND ABESTOS CEILING... ACTIVE SUBTEREANS TERMITES AND FLOOR SLOES FORM PREVIOUS SLOPING... GFI FOR ELECTRIC IS NOT THERE...SOMETHING WIERD ELECTRIC
Where is this? You can’t buy a house for this price anywhere in my state here in New England. Wow!
You know that face on y our thumbnail? I live on a block full of trash houses - in fact, I’m the only one living here. All others are trying to get rich of renters that never rent. That being said, when the new slum lord buys that cheap place on the block, they always garner buyer’s remorse but cannot admit it so they come to me while I’m picking peppers and have that horrible hateful look on their face but it is directed at me.
What is the website you use to view history of a house?
Good Question, you can get a free trial at krispropertydata.com. U gotta have access to view this stuff
3:53 What's Up! Smitty
gotta throw him in so ya'll don't think I made him up...
Nightmarescan happen with new homes also!!
sounds like you have some personal experience w/ this, please tell us the story on it?
#1 old home problem - Haunted. The older it is, the more likely people died in it.
,@K.H. 🤗.... YOU🤗 Should Send Your Video🤗 in too...HGTV!!!🤗👍🏿👍🏿🙏🤗✌️
Bring a marble
$50k
Kris, How do I become a S2 student?
I think you've inquired b4, I prob need to set up a link for the application. But the fastest way to get on the schedule is booking a consultation on my IG page. But pls send emails as well krisbuyshouses@gmail.com
@@krishaskinsOkay! I emailed both your email addresses about a week ago. Thanks for responding.
Old homes = Sheep caught in a bush of thorns
New Homes = Level 1 difficulty for the big bad wolf
is house cast you more than 20k?
well, we prob only want to pay no more than $40k
Evictions are coming now that the Supreme Court ruled against the moratorium . Yay . Now Landlords can sue and evict squatter tenants . CELEBRATE . 💃💃💃👏👏👏
I gotta sub to my brother
Asbestos and lead in my 106 old house put hair on my chest!
Good vid BUT please have your camera man get a stability device for his camera..your on-site footage got nauseous.
The walls have had a lot of work and paint.
The paint on old boys like these can be 10 or 12 coats, it's hard to make it look sexy.
Is a house built in 1950 or 1960 old to you? Looking at a first house and wondering if something that old will be full of problems
I just saw the end, you recomend after 1967. Why 1967?
well, in the 1950's the houses had very small closets, and in the 60's they started opening up a little. But still, that year is a little more modern and easier to make desirable for today's buyers. But, I don't like anything past that as the house is usually worn out...
@@krishaskins thanks!
You forgot to mention foundation crack
Also Ghosty’s 😂