The Horrors of Buying A Flipped House

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  • Опубликовано: 7 сен 2024

Комментарии • 72

  • @lumberjackhardwoodsupply
    @lumberjackhardwoodsupply  2 месяца назад +5

    Would you buy a house that's been flipped? Tell me why or why not.

    • @JOIHIINI
      @JOIHIINI 2 месяца назад +2

      Why haven't you looked into relining the drain? The only reason it couldn't be relined would be if there was a building trap. Old house veteran here lol. Also if the house is double brick masonry and not brick veneer (not necessarily for 2nd storey but for first). It's very very hard to insulate walls like that without rotting the brick inside out. The brick is designed to breathe so insulating with a Vapor barrier can be a whole can of worms so do your research.

    • @houndofhell93
      @houndofhell93 Месяц назад

      ​@@JOIHIINInever realized that about brick. Would painting both sides be negative for the longevity of the bricks as well? Never lived in a brick home and very curious.

    • @houndofhell93
      @houndofhell93 Месяц назад

      I'd buy it my self and live in part of it while fixing the rest properly then do the same to the area I was living in the home. Take time to do it right over a few years and sell down the road. If it don't sell oh well I got a nice pad then.

    • @JOIHIINI
      @JOIHIINI Месяц назад +1

      @@houndofhell93 they have types of paint that is designed for masonry and allows the home to breathe. But not all brick homes are double brick, modern brick homes are a single layer of brick known as brick veneer that is for aesthetic purposes only. Behind that brick is a traditional wood framed house. What they used to do was a double layer of brick where the floor joists would sit on the brick and the masonry walls were the structural component of the wall. The mortar was made limestone because it was before hydraulic cement was a thing. So the only way for moisture to evaporate was for this air to pass through the mortar. So by putting insulation up after tearing out the plaster you're blocking that moisture in and it has nowhere to go so it will cause both the brick to rot from the inside and cause terrible mold issues as well. It's a big no no to insulate the walls.

    • @BenjaminKibbey
      @BenjaminKibbey Месяц назад +3

      Not unless it was the only option. When add up the factors, probability is not on the buyer's side with a flip.
      1) A flipper's only incentive is profit.
      Flippers need to invest as little as possible. They can't afford to put $1 in that won't get them $1.50 back.
      A granite countertop is expensive, but it's "sexy." An old roof is easily noticed and everyone knows to ask when the water heater and furnace were installed.
      On the other hand, a water leak that drips from the livingroom ceiling and only appears when more than two people take back-to-back showers is expensive to fix, easily ignored or missed, and any sexiness issues can be addressed by painting over the stain on the ceiling.
      2) Time is money.
      The sooner the flipper can buy the next flip, the more they make. Professional flippers set hard timelines based on seasonal market trends. They can't afford to look for problems they don't have time for, especially if they finance the flip.
      2) Flips are almost always "fixer uppers."
      Flips mean foreclosures and abandoned homes that sat empty for decades (well, accept for the squatters and teenagers and other animals) and that have non-bathrooms that smell like bathrooms (because of squatters and teenagers and other animals). They are homes that had non-catastrophic fires and the accompanying water damage. Flips are homes where a shut-in or hoarder lived their final years -- years during which nothing was repaired or maintained.
      So, flippers with zero incentive to go looking for hidden problems buy up the very homes that are most likely to have hidden problems.
      3) Flipping has zero accountability.
      There's no Yelp for flipped homes. The BBB doesn't collect complaints about flippers. Who that has owned a home for more than a year remembers their seller's last name?
      Then consider that everything that makes money and can be scaled gets scaled, but no one has scaled flipping. We have huge investment firms snatching up homes left and right and renting them out for more than the cost of a mortgage like it's a race to see who can turn us all into renters fastest. We have large, successful corporations building new homes and even corporations trying to replace real estate agents with algorithms.
      Where are the corporations flipping homes at scale?
      Flipping homes at scale would mean branding and a reputation attached to the work. It would mean multiple people at multiple levels doing the work and supervising the work and certifying the work, and every layer could have someone in it who decides to make a call to code enforcement.
      The fact no one has made flipping homes into an actual business instead of just personal "investments" by individuals and couples demonstrates (in my opinion) that if even a sliver of accountability was introduced, flipping would stop being profitable.
      4) The only thing worse than professional bad intentions is amateur good intentions.
      Any flipper trying to do a quality job is swimming upstream against the market. They will never last long as a flipper, meaning any well-intentioned flippers are almost guaranteed to be newbies when it comes to home maintenance and repair (Experienced homebuilding/repair professionals generally don't flip homes for the same reason math teachers won't play the lottery... well, that and because anyone with that trades skillset and experience can command a better hourly rate than what they can pay themselves to flip a house).
      So, between well-intentioned amateurs who really do try in a "bless their heart" kind of way and oblivious amateurs (Who think they can rewire a home because they one time fixed a flashlight and DC and AC are basically the same and the white wire is the positive, right?) any flips where the corners weren't intentionally cut are likely to have corners the flipper didn't even know they were cutting.
      I guess a really thorough home inspection or a buyer with relevant professional experience could catch some things, but especially looking at a home post-renovation, the home isn't going to many signs to notice. Like that shower scenario: If there's no sag to the ceiling and any stains were painted over, you'd have to be a clairevoyant, not a plumber, to know there was a problem.
      At the same time, though, I have to wonder if there's a market out there for experienced trades professionals with a broad skillset around repairing and maintaining homes (particularly ones who have done work around the area and know about the thing with the toilet phlanges used in homes in that one subdivision) to specialize in evaluating and inspecting flipped homes for potential buyers.

  • @BenjaminKibbey
    @BenjaminKibbey Месяц назад +16

    Yep. Never, ever, ever trust a house that was "fixed" up by someone who had no intention of ever living in it. Their entire motive is profit margin, and the sooner buyers get that into their heads, the faster we can start turning around some of the damage flippers and national and regional rental companies have done to the housing market.

  • @douglasrush5197
    @douglasrush5197 2 месяца назад +8

    I see all this when I'm looking to buy a house. but other people don't see it and always overpay leaving me priced out of the market. It's crazy; people are paying too much for crap.

    • @lumberjackhardwoodsupply
      @lumberjackhardwoodsupply  2 месяца назад +6

      I agree, I probably over paid a bit for this house, but it was in the location we needed.

  • @thebabscat
    @thebabscat 2 месяца назад +14

    The toilet is probably on shims because the flange was too tall, the toilet rockedand they didn't want to tear apart the plumbing properly to fix it.

    • @thebabscat
      @thebabscat 2 месяца назад +7

      And the receptacle in the kitchen wasn't set back in too far, the tile depth screwed it. There are spacer extenders that they could have used to easily fix it.

    • @lumberjackhardwoodsupply
      @lumberjackhardwoodsupply  2 месяца назад +6

      Good to know! I know nothing about plumbing.

  • @FragEightyfive
    @FragEightyfive 28 дней назад +3

    This.... I did some sub-contracting for flippers, worked hundreds of houses on my own that had been flipped or landlord specials, and looked at dozens of houses when buying a house... Very few flipped and landlord special houses were done with skill and care. So much shoddy work and poor materials like what you pointed out. If someone has been living in the house and I performed work like what I have seen, I would have been sued!!
    I never understood why people want to buy a 'move in ready' house that was flipped.
    This is why after looking at dozens of houses, I focused on never updated/upgraded houses. Found a time-warp 1965 that has been pretty good. None of the standard 'WTF' and finding random construction trash and tools in the wall.
    I really wish flipping was socially and economically not OK.

  • @Roy-ij1wq
    @Roy-ij1wq Месяц назад +5

    In my experience, you should always check to see if permits were pulled - especially for a kitchen remodel. This applies to both homeowners and contractors. Inspections done pursuant a permit are much more likely to discover problems that will be difficult to solve in the future. Homeowners can pull their own permit by signing a statement that they plan to occupy the house, contractors can only pull permits if they are properly licenced. The problem is that many flippers are only qualified to put lipstick on a pig..
    For example, the problem with your refrigerator may be that the GFCI is on a circuit with a shared neutral. This was common with houses buillt in the 50's. where three strand wire was commonly used to save wire. While a GFCI receptacle may work by itself, downstream receptacles will be prone to trip. This may be the case with your refridgerator. Whenever drywall is removed and the wall is exposed, code requires that all of the electrical components are brought up to current standards.
    It is also important that plumbing permits are pulled because, contrary to popular belief, there is more to plumbing than knowing that the poop runs downhill and you shouldn't chew your fingernails. Aside from getting the correct slope, the most importantant thing is venting. This is especially important if you are wet venting. Nearly every DWV fitting has limits on where it can be used depending on whether it is verticle, horizontal or solely for venting. And rubber Fernco boots like those shown in the video should never leak - provided you are using the right size. A fitting that connects two pieces of schedule 40 is different from one that connects schedule 40 to copper and you may not find this fitting in a big box store.
    Many people don't pull permits because they think their taxes will go up. There is some truth in this if you are making structural changes to your house. But general maintence or remodels that only involve moving partition walls generally do not. This includes mechanical, electrical and plumbing upgrades. In Michigan, you can protect yourself by filing a form with the assessor that details the work you have done and the cost of repairs and upgrades. You can even include your labor if you did the work yourself The value of the property before you did the upgrades becomes the basis for your taxable value and the improvements don't come into play until the property changes ownership.

    • @davidkelly4801
      @davidkelly4801 Месяц назад +1

      Thanks for this info Roy. Julie told me you had left me a comment and you have some valuable insistes. I think what you’re saying about the fridge is exactly what’s going on.

    • @wgr6278
      @wgr6278 28 дней назад +1

      I second this. In certain states/cities, there are required permits. For instance, if a new HVAC is installed, a permit is required in my state (maybe all of them). Realtors should KNOW this and should advise their clients accordingly. Realtor fiduciary responsibility my ass.

    • @loli3939
      @loli3939 20 дней назад

      Kitchen renovation are not a building permit issue changing plumbing and changing electrical are requiring a permit.
      Know your bylaws and building code.

  • @AL_aboutTown
    @AL_aboutTown 2 месяца назад +8

    Congrats on your home purchase! But wow, those are annoying and costly problems. Hope the location is great! And I also hope you show us any renovations you do to your home.

  • @jessicazentz6454
    @jessicazentz6454 2 месяца назад +4

    You should see the house we bought!! My mom and I got scammed BIG time!! Not gonna go into everything but let’s just say, my basement is a sewage hole and the brand new septic has roots growing thru it at least for 20-30 YEARS!!!! And when I got the county plans for the septic, it had expired 2x’s and never was actually done!! But we paid more bc it was a brand new septic!!

  • @chandlerm2881
    @chandlerm2881 Месяц назад +2

    I’ve never seen a toilet with a shim😂 Everything else was expected but THAT’S a new one

  • @BenjaminKibbey
    @BenjaminKibbey Месяц назад +3

    So, didn't have time before to say all the stuff I wanted to about this specific home, but first I want to say, great content, especially since you are a fairly low subscriber number channel and there hasn't been a lot of interaction yet. I hope your channel takes off, as you are doing a great job.
    The vanities in the bathrooms I've dealt with before in a rental home I lived in. They are the cheapest ones at either Lowes or Home Depot (I forget which for certain, but I think Lowes). The sinks are just dumb in that look-neat/horrible-function way. They always back up no matter what, and would probably back up if the drain went straight into a bucket.
    On the toilet, shims are actually not a bad thing on a toilet install, particularly if you have an uneven floor. Most likely, given they are all around the base, either the new floor is lower than the old floor, or someone messed up installing the phlange and it is too high above the floor. Either way, there's nothing inherently wrong with shimming the toilet or even cutting out a piece of plywood to fit under the toilet and raise it. The problem is, they just shimmed and left it. Even to be to code in most areas, that gap between the toilet and the floor should be caulked and you definitely shouldn't have a shim sticking out and visible.
    With the kitchen light switch in the living room, that's honestly kind of scary. An old house, wiring is gonna be iffy anyway, and you'd want an electrician to go through and check for anything weird or half-assed done over the years. But that looks like the same people who left shims sticking out from under a toilet and did whatever that was for sort-of covering the hole under the front door exterior light fixture also messed with the electrical and wiring. So, now you have the potential for all kinds of unknown fire hazards hidden behind the over-textured drywall that you don't have any clue are there until you and your family are standing in the front yard at 2 a.m. watching your home burn to the ground.
    This flip strikes me as the amateur with good idea fairies and a set budget and deadline. This was someone who, when they installed a light and forgot to put the wire through the tubing, instead of pulling it apart and doing it correctly, they wrapped it with electrical tape and said, "Good enough." The thing with that porch light is another one of those, or the pine along the counters in the kitchen.
    Or those boots on the plumbing. Again, if a plumber did that, they could be reported. There is no way that is even close to being up to code. Those kinds of fittings are meant to be used sparingly for situations where there is simply no other way to get pipes to line up and go together. However, the rubber fittings are much easier to install than the PVC ones and sometimes they are even cheaper. Most of all, people who have no idea how to plumb are going to think they look a lot simpler to install than gluing pipe together (and they are).
    Just think about the fluid mechanics of all the toilet paper and whatnot hitting the rubber fitting that has a larger diameter and then going back to the pipe that has a smaller diameter. Down the line of flow, the pipe diameter has to always go down and never up, because other wise you are just creating a perfect scenario for a clog to develop.
    Every one of those rubber fittings in your basement should be regular PVC fittings. And that T, again a code issue. Typically, code is going to require that connection to have a 45 degree Y to ensure everything flows smoothly. Just dumping sewage straight into a line with a straight T.... oofta!
    And that brings us to the worst of it: I can guarantee the whole reason this home attracted a flipper is because it was priced super, super low. And the whole reason it was priced so low was because that sewer line was a known problem the sellers couldn't afford to fix. That kind of stuff is most of the reason that those homes you see sometimes selling for something like a quarter of what most similar-sized homes do in that area, there is something really, really bad that the current owner simply will never be able to afford to fix, so they sell it for whatever they can get out of it.
    EDIT: And I'll add, everything I know about these issues comes from doing DIY repairs and consulting with professionals before attempting DIY repairs (except my concern over fire hazards, which comes from being a fireman who has never been to a whole-house fire that didn't start with either bad wiring or a poorly-placed space heater). I am not nor have I ever been any kind of builder or contractor, and yet these things all stand out to me. So, that tells you how little the person who flipped your home knows about home repairs and building.

  • @peterdement
    @peterdement 2 месяца назад +31

    90% of these discoveries should have been made during a pre-purchase inspection with the buyers right to walk away.

    • @Nimlu
      @Nimlu 2 месяца назад +4

      yea idk why hes whining about it now that its too late and if he knows all of this why he bought it in the first place

    • @lumberjackhardwoodsupply
      @lumberjackhardwoodsupply  2 месяца назад +18

      A lot of them were, but still a few surprises.

    • @dynamiscr
      @dynamiscr Месяц назад +6

      We were on a similar situation as OP, you get outbid for the house you want, and your only options are the flipped ones. Still, congrats on the new house

    • @Yphrum
      @Yphrum 14 дней назад

      Not everyone got to buy a house for 10k back in 1970. It’s different now, old man.

  • @Rybe33
    @Rybe33 2 месяца назад +3

    We had the carpet tack foot stabbing doorways at our place when we bought it too! Not a flip though, just a landlord special...But nothing will beat the failed flip our friends bought. It's so bad I can't fathom why they bought it. Different or missing trim on every wall (within the same room,) new cabinets blocking the back door from opening, paint smeared all over the windows, the crawl space entrance hidden so well *no one can find it*, paint on the siding that seems to be a semi-gloss...? And much more! Absolutely baffling stuff.

  • @christophermcdonough1353
    @christophermcdonough1353 Месяц назад +2

    HOUSE INSPECTION!! I WOULDN'T HIRE A HOME INSPECTOR, I HIRE A ROOFER, PLUMBER, Electrician, TERMITE INSPECTOR AND SEPTIC COMPANY, AND HEATING AND COOLING TO GIVE ME THERE TAKE!! There are professionals in their TRADE YOUR GETTING A PROFESSIONAL IN THERE FIELD TO GIVE YOU A HONEST OPTION, remember a home INSPECTOR doesn't take responsibility, its all in the fine print, the realtor usually recommended them so they have a smooth closing!!!

  • @jdn42y11
    @jdn42y11 2 месяца назад +3

    Just witness a buyer disappointed at a realtor for covering the entire house (even the steps) with vinyl floors. the america I knew is going away.

  • @djmips
    @djmips 17 часов назад

    6:42 I've seen that texture before - H.P. Lovecraft's Necronomicon

  • @kellybrosbuilds
    @kellybrosbuilds 2 месяца назад +2

    At least it’s not a new build on 5,000 square foot lot

    • @lumberjackhardwoodsupply
      @lumberjackhardwoodsupply  2 месяца назад +2

      Agreed! The brick walls are in great shape along with the exterior even though they are 75 years old.

  • @AbbreviatedReviews
    @AbbreviatedReviews Месяц назад +1

    I like the floating toilet.

  • @TwistedCyclonix
    @TwistedCyclonix 20 дней назад

    It’s sad to think that before flippers got their hands on this house it was probably quite the charming little bungalow.

  • @OuryLN
    @OuryLN 10 дней назад

    I SEE THE QUEEN ENTERING HER KITCHEN!🐈

    • @OuryLN
      @OuryLN 10 дней назад

      Did you feed her?

    • @OuryLN
      @OuryLN 10 дней назад

      🐈‍⬛ “Hey you! Feed me!”

    • @OuryLN
      @OuryLN 10 дней назад

      Wait! Are you a cat daddy!

  • @jessicazentz6454
    @jessicazentz6454 2 месяца назад

    You should see the house we bought!! My mom and I got scammed BIG time!! Not gonna go into everything but let’s just say, my basement is a sewage hole and the brand new septic has roots growing thru it at least for 20-30 YEARS!!!! And when I got the county plans for the septic, it had expired 2x’s and never was actually done!! But we paid more bc it was a brand new septic!! And that is just the tip of the iceberg!!

  • @_michaelglass
    @_michaelglass 9 дней назад

    Man there is a company buying up and doing this to '40s and '50s houses in my neighborhood. Selling for twice the price. Either beige or white / gray interior and exterior with terrible craftsmanship. Bummed that they're painting over brick inside and outside. Total loss of character. This looks like it could be in my neighborhood.

  • @traillesstravelled7901
    @traillesstravelled7901 2 месяца назад +1

    Good luck with that one.

  • @hp7093
    @hp7093 2 месяца назад +1

    Flipped houses is remodeled fast and cheap as possible by incompetent people. That countertop is rediculous Stuff will soak right into it

  • @pattyk101
    @pattyk101 7 дней назад

    So, I'm confused. If you know and recognize all this stuff, then why did you buy it? Were you just up for the challenge?

  • @christophermcdonough1353
    @christophermcdonough1353 Месяц назад

    House flipping is a big trend obviously, but very sad to not take pride in your work, i guess with most house flippers they dont even know what good construction is, I GREW UP ON FINE HOMEBUILDING MAGAZINE! TOOK CLASSES at North Bennett Street School, As Tommy from This Old House would say money's in the details!!

  • @Expert1911
    @Expert1911 2 месяца назад +1

    6:55 return of the over toilet towel rack. -___-

  • @ShadowZero27
    @ShadowZero27 Месяц назад

    how could you buy this? i hope you got a good deal

    • @derrickbonsell
      @derrickbonsell Месяц назад +2

      He probably bought it because it was the best deal he could get in a place where he wanted to live.

  • @adrian.kaczmarek
    @adrian.kaczmarek 2 месяца назад

    Most of the time I’d say no as flipped homes use cheap labor/cheap materials. A lot of flipped homes give the illusion that everything looks beautiful especially the cabinets lol. Come to find out it’s cheap garbage with just a veneer over it. But what this home was is horrendous 😂
    By the way do you guys always water-pop when applying stain?

  • @user-zs4vs9sl7z
    @user-zs4vs9sl7z 2 месяца назад

    That's why you can't pay a premium price for something that's just been cosmetically updated. That's where the profit comes from for the flipper: not fixing all of these inevitable shortcomings any old house is going to have. Adjust your offer accordingly.

  • @Ben-mc7ci
    @Ben-mc7ci Месяц назад

    Is there a way to send you a message?

  • @owenmercer5443
    @owenmercer5443 Месяц назад

    How the hell are you gonna afford a 20 thousand dollar sewage stack replacement

  • @ER-xl6cs
    @ER-xl6cs 13 дней назад

    He got ripped off.

  • @sounddepth
    @sounddepth Месяц назад +2

    You have to blame your inspector, realtor, and yourselves as homebuyers. This video isn’t really titled correctly.

    • @SkeletonGuts
      @SkeletonGuts Месяц назад

      Or house flippers should maybe just do things properly, and if they can't they shouldn't do it at all. House flippers prey on people that don't know any better and are scum of the earth.

  • @johnbruno1936
    @johnbruno1936 2 месяца назад

    Hackidy hack dont look back!😂😂😂

  • @philipcatuogno2968
    @philipcatuogno2968 2 месяца назад +3

    So, this begs the question: Why did you buy the house? Maybe you should be complaining about your lack of research before buying.

    • @hp7093
      @hp7093 2 месяца назад +1

      Bingo. Asking the question through the whole video

    • @lumberjackhardwoodsupply
      @lumberjackhardwoodsupply  2 месяца назад +5

      Location. You're not going to find a fixer-upper in the area we needed to buy in.

    • @willfulliam
      @willfulliam Месяц назад +1

      Also it makes for good YT content 😂👍.

    • @_Ag-
      @_Ag- 17 дней назад +1

      @@willfulliamAre you actually suggesting they bought a house with all these problems …for the YT views? 😆

  • @user-uu2lr3sf2b
    @user-uu2lr3sf2b 2 месяца назад

    Id be grateful to have a roof over my head. No is an answer, you did not have to buy, I would love to see some of your work.

    • @lumberjackhardwoodsupply
      @lumberjackhardwoodsupply  2 месяца назад +3

      I knew what I was getting into with the house, many people don't know what to look for and don't have the skills to fix it though.

  • @owenmercer5443
    @owenmercer5443 Месяц назад

    You got scammed

  • @clive1539
    @clive1539 2 месяца назад

    The question is… why did someone with the knowledge skill and contacts not do it himself.

    • @lumberjackhardwoodsupply
      @lumberjackhardwoodsupply  2 месяца назад +3

      Location. You're not going to find a fixer-upper in the area we needed to buy in.