I did a fix and flip and made 36k. Everything was up to code and the real estate agent said I over improved the house. New kitchen, fridge, washer, dryer,hot water heater, bathroom, switches,outlets,lighting. I did it the way as if I was going to live there. Total repair cost 23k on a house I paid 20k for. Quality goes in or I won't do it.

@robertsitch1415

Жыл бұрын

Unfortunately guys like you are the rare exception in flipping these days. Most of the time it's lipstick on a pig when the house has structural problems or an older furnace.

@shootsandscoots

Жыл бұрын

Yah just a coat of paint and some flooring

@Mercury688

Жыл бұрын

Doesn’t overimproving mean you spent more than you will be able to get back?

@SpreadAU

Жыл бұрын

@@Mercury688 just means that they did more work than they had too

I renovated and sold homes for years, always avoided calling it "flipping" because there are some out there that do just that, buy, paint, clean and flip it for a quick buck. I always did things right and a huge chunk of each budget was dedicated to repairing or upgrading things potential homebuyers never see, ask about or know anything about (in many cases). Understanding what is behind the walls or under floors or in attic spaces is equally and most often more important than aesthetics. Why try to sell a house with your name attached to it if the new homeowners are in potential danger down the road or at least in for big headaches and big repair bills? My motto: DO IT RIGHT, SLEEP AT NIGHT. And people who have no construction experience have no business in renovating for a profit unless they have someone qualified to point issues out and fix them, at least until they learn more. Side note: I agree with Chris Major, I've tiled floors in new homes that were way out of level or have had huge humps or dives in the underlay or subfloor. Older homes I've renovated had staighter floors and walls. And dont get me started on cheap, shoddy finishes and workmanship in some new builds. 😱

I love that Zillow shows the prior sales, as it's so easy find the flippers.

Home inspectors are a joke, They find the simple dumb stuff that they are trained to find. they know nothing about the true guts of a house.

@svborek

5 жыл бұрын

Anymore they are a shmo Joe off the street and have no construction labor under there belts. That should be a requirement.

@adamv6753

5 жыл бұрын

My home inspector I used twice, two different purchases, was good and did his job well. However, not all inspectors are this good. He actually created a report with pictures and all about all the potential issues and all the general things about my house.

@MrBananablitz123

5 жыл бұрын

Adam V would you happen to have his business email?

@johnrankin7135

4 жыл бұрын

@@MrBananablitz123 you think he happens to live near you? How likely is that?

@verawallace9055

4 жыл бұрын

They don't care

People need to know that these TV flip shows are mostly entertainment. I actually had a lady call me and ask if I could remodel her bathroom that weekend. She said she saw it done on tv and it only took 3 days and cost $2000. Needless to say I did not get the job, might have been the laughter.

@liveitlikeitloveall2746

4 жыл бұрын

Oh we see that shit all the time.. I work for Cincinnati Tile and some of these idiots will expect a full demo with a walk in shower , Old School or the Schloter system.. heated floors, new tub, new shitter, new cabinet,etc etc Anyway we’ll get there on Monday, they’ll be like, so ya think you fellas will be finished by the end of week. Bhahahaha But but but we seen it on HGTV and they were able to complete something similar in a couple days. Well there’s only so many guys that can fit into a bathroom stupid, and it’s tile, so it’s time consuming dumbass.

@guineapig55555

4 жыл бұрын

@@liveitlikeitloveall2746 what if you hired a bunch of seasoned midgets? or even put a couple on harnesses and hang em on the ceiling to do the wall tiles while the others do the floor tiles

@MarkMcPeak5895

4 жыл бұрын

Hey, what about the company advertising "Bath in a day". Ha, you can only fit so many workers in a 5x8 space!

@josephsvennson5694

4 жыл бұрын

I think people are confused because on the shows it says "Day 1, Day 2, Day 3..." and people think those are consecutive days.

@babyhuwe05

3 жыл бұрын

I'm dealing with a client like this right now we are doing a full bathroom remodel tub toilet vanity all new Plumbing floors a new window ( which was lead and had to be removed in a special way) new fixtures new lighting adding a GFCI with no previous wiring and she was expecting it to be done in about 2 days 🤦🤦🤦

I pulled a permit on a remodel I did on my own house years ago, did everything to code and called for a final inspection. Dude stuck his head into the remodeled area for 2 seconds and said “looks good have a nice day.” Signed the approval and left...lol

@TheHandyman1

6 жыл бұрын

I see this all the time. I have done a lot of roofing in the past. The inspector climbs up the laddder sticks his head up and says "looks good" never even gets off the ladder and on to the roof.

@saltyshellback

6 жыл бұрын

The Handyman I guess the thinking is if someone is going to bother to get a permit, they are more likely to do things right or risk getting the project shut down.

@crissd8283

6 жыл бұрын

I have seen this countless time. Was working at an industrial facility and the electrical inspector came out to verity emergency egress lighting. The electrical just left a 1/4 of the lights on and didn't even start the generators because the generators weren't even hooked up and told the guy the emergency lights were on. Inspector walked around for 5 minutes (buiding had 4 floors and covered 27 acres) and signed off. State inspections are a joke.

@Tridd666

6 жыл бұрын

At the end of the day the consequences are on the builder/owner. You shouldn't even need an inspection tbh

@akbarmohabbat4166

6 жыл бұрын

thats how it usually goes %75 of the time.

I flipped 26 houses last year. You are right that some flippers cut corners just like in any proffession. However, there are many great flippers as well. I think it is rather reckless to lump everyone in the same boat. It is also important to remember that many homeowners are allowed to do their own repairs without permits. They may have no clue what they are doing. I have seen many more problems from homeowners making repairs than flippers. I have also seen many problems on new builds as well. I suggest always getting an inspection no matter what kind of house you buy.

@renaissancemen1

6 жыл бұрын

Mark Ferguson - InvestFourMore you are incorrect with your info. Homeowners can do plumbing, building and electrical without a license. You always need inspections and permits. Doesn’t matter who you are. The city always wants their money.

@1982MCI

6 жыл бұрын

renaissanceman mark is not completely incorrect just as you aren’t completely correct either. There are many areas of the country where it is completely legal to do all of your own work as the homeowner WITHOUT permits because it falls in an area not covered by the proper staffing to perform inspections. I lived in one of these areas at one time and the only permit I pulled to build a complete new home was the septic permit. Now in most areas the homeowner can bypass the trades licensing laws but still has to pull a permit and have inspections, but not all.

@Dan-friend.of.the.forest

6 жыл бұрын

Mark Ferguson - InvestFourMore II knew a family who bought a new home and, two years in, all of the sheet rock nails/screws were showing because the crappy sheet-rock was breaking free from each attachment. Also, sub-par shingles were used and a few would blow away with every storm, leaving their new roof looking like a Dalmatian. Luckily for them, they got a matching yard with huge sinkholes caused by deteriorating, settling construction debris buried below. Of course what you could see above in the yard was happening below and giant cracks developed in the foundation and eventually a leak in the main drain as well. It was a nightmare and the builder had so many people after him, he filed for bankruptcy and went into hiding, leaving them royally bummed out. Ya, so I agree, singling out any one kind of house as being risky isn't helpful. Buying new, used, or flipped, each come with inherent risk. It's just because a house in general has thousands of potential problems that can arise and people come with so many levels of stupid, magnified by a spectrum of morality.

@paulkohler4508

6 жыл бұрын

Thanks. Your right. I learned fixing-up my first home and did well. Lost & learned the hard way on the second home. I tried to go beyond my capacity and went into a greed mode. One must do their homework and stick to what they can do and/or what they can learn to do. For the tougher stuff - Hire someone who is a professional and/or experienced - hopefully good at what they do. I - within limits - do well, but it takes me forever for the first half of a project. Too slow to make/charge for as the adage goes: " Time is Money ". Video was good.

@jaybefaulky4902

6 жыл бұрын

Mark Ferguson - InvestFourMore your skill set is incredible.. 26 houses in one year is just absolutely literally unbelievable..lol you have a very big team.. or these renovations are very small.. anyway it sounds like you just have a renovation job.. if you don't own five houses right now you're completely messing up your opportunity... if it is true that you do not have about an investment portfolio more than five houses.. I would suggest that you start doing that ..don't waste your opportunity.

Sounds like the lady had champagne dreams on a cool aid budget. I would have over bid to get rid of her too.

@jenniferbrooks3496

6 жыл бұрын

🤣 right on man..that’s fkn hilarious!

@MrJaaaaake

4 жыл бұрын

Sounds like the contractor thinks he's a rocket scientist. At the rate he charges it would be easier and more cost effective to actually learn to do it yourself.

@JSLEnterprises

3 жыл бұрын

They watch those flip TV shows and think the prices and time frames they say is real life (which it never is), that's why.

New house builders are just as bad for cutting corners it’s not just fix and flips . New houses in the UK and I’d guess also in the US are poorly built

@chrismajor69

6 жыл бұрын

Lori Latta My point is you can’t generalise some fix and flips will be crap but also some new builds will be also

@MarkH10

6 жыл бұрын

They are, however the builder has a presence, and bonds, and other elements that protect buyers in the opinion of the government.

@MarkH10

6 жыл бұрын

Another thing is that over the years I have been in many new homes, and the sales office is still open, the construction super is there, and if I encountered issues, the owners got him from down the street, and he got things taken care of. Builders bring the average home quality down, in my opinion.

@TheHandyman1

6 жыл бұрын

I was a superintendent for 5 or 6 years building new homes form the $150s up to the $700s. I could do a video on my experience on new home construction vs buying a remodel house vs old construction.

@MarkH10

6 жыл бұрын

The Handyman I'd love that one, I prefer the older, 40s houses, remodeled by owners. But, but, you simply must but to the bone, and redo it all. I recall a nice little house a guy I knew gutted, and you could see all 4 walls from the front door.

A few of the flip episodes I've seen recently removed an alarming amount of internal walls without adding a beam 😱😳😱 .. I'm glad you mentioned it too.

so 24 minutes later, you really didnt say why not to buy a fix and flip except for the corner cutting. would have loved for you to stay on point instead of the rambling or given more details about what to look for

@deezynar

6 жыл бұрын

You answered your own question. That was the reason.

@halroxdynasty8683

6 жыл бұрын

This is just a clickbait title ffs 🙄 this house looks amazing

@KyrstOak

6 жыл бұрын

@@halroxdynasty8683 It _looks_ amazing, but that's just the surface level. You need to have a look at what's underneath the floors, behind the walls, the plumbing, wiring and insulation if any was put in. You need to look at the walls themselves and see if any load-bearing ones were taken out.

@walters6320

5 жыл бұрын

No permits pulled,thats why you should not buy it

@alternativeenergy2133

5 жыл бұрын

No permits on the plumbing, electrical, mechanical or structural on the wall removal. Two buyers aborted the deal after their inspectors gave qc issues. There may be a dip in the ceiling, and there may be nightmares in the electrical--ungrounded switches in bathrooms, bath vents to the attic instead of outside, small leaks in the plumbing. I've seen a lot.

35 yrs in construction and 20 as a contractor and I wouldn't buy a flipped house 90% of the time.....

Just a suggestion. My good friend bought a house from a "fix and flip" guy. Looked GORGEOUS. Everything bright and new. But, has had some major problems with drainage----water came into her house from back yard each time it rained until she got drainage pipe. Also, apparently the 2nd bath was badly installed; shower stall drained into the front yard, underground, so she had to have yard dug up and get pipe installed. Worst though is that she started smelling bad smell in house. Then, learned from neighbors that prior owner was a cat hoarder. Apparently, paint, etc., initially covered up the urine smell, but it's started seeping out now. Something I'd do (if possible) is try to talk to neighbors before you buy a house to find out who used to live in it and what condition they kept it in.

@martyvanord984

6 жыл бұрын

I live in a house where a cat hoarder lived. Problem is the urine soaked into the wood. Remove and replace. I found that clear boat epoxy will seal the odors into floor joists. It was so bad one could not go in the basement. Has been 17 years now with no smell.FWIW

@ThriveAfterAbuse

5 жыл бұрын

She can and should sue the person she bought the house from. All of this were known things that they didn’t legally disclose.

@label1877

5 жыл бұрын

In 1973 my dad and uncles built our house on a tight budget. No money for a septic tank so they buried a 1966 short school bus to run sewage in. It’s still working today trouble free.

@miket2951

5 жыл бұрын

@@martyvanord984 had to do the same thing with one of our bedroom . Previous mexicans used it as their dogs personal bathroom - for 10 years. 60 year old hardwood floor gutted out and replaced.

@adamv6753

5 жыл бұрын

Ideally remove all sheetrock about 1-2 feet from the ground. Spray all the wood with vinegar and water mixture or use a commercial cleaner/disinfectant/smell neutralizer. If you have carpet or any type of flooring that isn't straight concrete, just rip it out and replace. Spray the floor with this mixture as well. Do not reuse any of these materials and get all new ones. It's a big job, but it will do the trick. If you have a basement or live in an elevated house, do the same there.

Shouldn't it be "Never buy a fix and flip from an unscrupulous hack"? I've done them, and always use the "would I move into this house" as a bar. The house isn't going on the market until it meets that level.

@NotShowingOff

5 жыл бұрын

David Wentz that’s a good standard. I think you’d be able to flip more if you realized anybody will do anything for the right price.

@christopherwimbish1229

5 жыл бұрын

Hey, I'm looking into flipping houses. could you lend some advice on the best was to find and purchase a house to flip?

@fixerupperer

2 жыл бұрын

Unfortunately you're the exception. Most people are doing it to maximize profit. You should team up with some realtors that know you and your work to highly recommend to potential buyers.

i use to be a general contractor in the mid-late 80's and would buy a foreclosure every fall to rehab over the winter and never had an issue with any of them. but then i was doing it to keep my crew busy and not trying to make a living off of each one but did profit from every one. i had a realator that would find them for me so she would get the sale listing and she loved my work . she use to beg me to do just rehab homes as she believed she could sell anything i did quickly because of the quality.

@Latomian

6 жыл бұрын

darangemaster1 You’re like my dad.

@picklerix6162

5 жыл бұрын

My uncle was a union steel worker but knew almost everything about home construction. After he retired, he would buy dilapidated homes, fix them up, and rent them out. When the market turned up, he would sell the homes. He made a ton of money doing this for twenty years, long before anybody heard of the term "fix and flip".

@davidlindgren7605

5 жыл бұрын

I agree, Jack! Flipping should be reserved for flipping pancakes or hamburgers, not houses!

@walkersonneville5036

3 жыл бұрын

Yeah you should just tear down all old houses! Real good for the environment.

One of my pet peeves is finished basements especially when the ceiling is dry walled. Termite inspector: Not accessible so we just ignore.

What about the houses that the homeowners haven’t done any maintenance on them in 20 years?! This could be a warning about buying ANY house. There’s always a chance of shotty work!

Realtor Tip: I totally agree with your feelings on flips! One thing to note... If a Buyer that gets stuck with an awful mess like that...they can contact the state Real Estate Commission. They will take your complaint and look into it further. (It is an office to protect the public, in regards to real estate transactions.)

I just bought a house that looked old inside but with good bones( I literally crawled under the house, into the roof, sent a camera down the pipes and checked the eletrical work out before i made an offer on it). Tore up the shag carpets at found THICK old hardwoods, Refinshed all of those myself, I gutted the sheetrock completely to studs in entire house myself, got pallets of sheetrock delivered to the house and had it setup for a local sheetrocker team to do the whole thing in 1 day for about a thousand dollars labor. Took down all the old cabinetry, sanded it all down to wood and stained it, new knobs,hinges etc. Refinished all the hardwood doors in house myself, painted the others. Painted the house myself after sheetrockers were done. I had a real estate guy I know come and take a look after It was all done and hes thinks I could sell it for nearly DOUBLE what i payed for it. I literally have only 10-15 thousand in materials and labor since I did almost everything myself. Had I hired this work done it would be closer to a 40-50k project. My advice is do the work yourself if you want it done right AND CHEAP.

@tonybrowns649

6 жыл бұрын

Cory R how did you find someone (an amigo?) To do sheetrock for $1000 labor? (I'm assuming 1200 sq feet 1 story home?) Damn that's a good price.

@KyrstOak

6 жыл бұрын

You should only do things you _know_ how to do. If you want it done right and cheap either do it cheap or do it right and hire someone who knows how to do the repairs etc. properly.

@cherylcrawford5153

5 жыл бұрын

.

@TechieTard

5 жыл бұрын

Strong bones make strong skins

@alexlindekugel8727

5 жыл бұрын

i tend to agree with you. most of my 119 year old home has been diy. tho ive been in building trades 3 years when i baught it. and ive been a metal fabricator for maney years. so came fairly ezy to me. tho there are people out there that have no bissness attempting to fix anything!!

so basically "dont be an office clerk and watch HGTV one weekend then decide you can flip houses"

I've inspected so many of these fix and fips here in Illinois! They come in and like you said spend good money on cosmetic stuff while ignoring the important issues like foundation wall failing because the driveway is sloped toward the garage and no french drain installed so rain water puddles in the garage by the adjacent foundation wall for yrs. I inspected a little house listed as fully rewired. Got in the attic and almost stepped on a live knob and tube wire that was bare, while trying to avoid that I felt my hair rub something and looked up, another live knob and tube wire just hanging there. Costed the sellers $1500 to have all knob and tube removed. I would inspect houses listed as fully rewired all the time only to find the truth in the attics and basements. And the real estate agents think your just a naive inspector just trying to look important, because either they just don't care, or they just can't see past cosmetic beauty, I've dealt with both. This is the main reason I got out of it. And here you have to be licensed and insured. And I started charging more for rural inspections because no city inspections apparently means you can do what ever the heck you want. You wouldn't believe the diy crap I've seen in country homes. Reality TV is far from reality. However, I do think if a person understood both real estate and construction, there could be nice profits even with an honest flip, but if you want to get rich over night, your probably not an honest person anyway. To do it right, it's just a job, not a get filthy rich over night kind of thing.

@sc0368

5 жыл бұрын

Poorly maintained home is worse than flipping.

@cre8tivplace222

5 жыл бұрын

Nathan, yeah I watch those flip it shows. What makes them think it's ok to make a hundred thousand dollar profit???? It usually only takes them 2 or 3 months, they're figuring in $33,000 to $50,000 per MONTH wages for themselves! That is just price gouging greedy IMO. Even ten thousand dollars a month salary is over charging. They hire out the work, they don't even have their own tools. 1 show guts every kitchen, some have brand new kitchens that they don't even try to save to donate or sell.Kitchen cabinets are screwed in, why does every flip it show I watch demolish the perfectly good condition cabinets & countertops? Is that done on non tv flips too? If so, why?

@fixitmann6685

5 жыл бұрын

@@cre8tivplace222 I agree, but if you want something done right, do it yourself. That includes building a house in the first place. I don't trust some company only in it for the money to build a house FOR me. If buying an older tract home, I'd NEVER let someone else do the work on it. I want to KNOW what I'm living in. Should be illegal for someone else to do your work for you.

@JCcanU

5 жыл бұрын

Nathan , Missouri Rule is the worst place to buy a house , No CODE no Inspections , I have seen 3/12 run 500 foot with 2 lines to get 220 to the house from a pole , 20 outlets on 1 breaker fridge TV Microwave , they even took the 220 line from the Range stove and went to a clothes dryer and 4 other outlets . Not counting no flashing in valleys or siding doors , also termite damage seal plates gone floors bounce like trampolines . 2 homes I went into I flat out said burn them and rebuild . Log home built on a 4 inch slab the logs had rotted out and sank 3 to 6 inch , had a full front back porch , 2x4 nailed to the wall of the logs had rotted out the logs 9 foot high all the way through , only way to fix it would be remove the roof and logs down to the "footing" it did not have just the 4 inch slab , water under mined the slab , poles inside went through the slab the upper floor and roof saged 16 inch. the homeowner had no idea till I showed him with a 6 inch pocket knife pushed it through a wall how much rot he had . Seen it on Zillow listed for 160,000 after I said Burn it down . Not worth 20 Dollars , the land 10 acres butted up to state land, might bring in 20 grand it was just hayfield 1000 to 1200 per acre.

@ahnnhi8433

5 жыл бұрын

How would you recommend a DIY enthusiast learn basics and build up to learn how to do things to code and beyond? Is there a home remodel for dummies or all- inclusive encyclopedia that goes over all the "common sense" that a lay person may not know without it being pointed out? Been watching a lot of videos and learning a bunch but afraid of missing important points not covered. I was worried about having to spend money on permits but figured maybe they'll be good consults anyway... but now sounds like permits pretty useless and not reliable anyway?

The problem is that there are too many people doing flips that don't know what the blue hell they are doing!! I know a couple doing them that didn't even know there were codes!!! Codes are there to keep us safe and alive folks.

@JustinCrediblename

6 жыл бұрын

sometimes codes aren't that great. requiring fire sprinklers in steel-trussed, masonry framed, slab-on grade homes with tile floors, b-deck sheathing and metal standing seam roofing with rockwool insulation? nah. whole house backflow prevention rules? not at all worth it.

@notused2118

5 жыл бұрын

I feel for nsive retail buyers these days and rehab seminar jockeys.

@fixitmann6685

5 жыл бұрын

"meets code" means CRAP. EXCEEDS code by a long shot is what you want.

@newt7590

5 жыл бұрын

I'd rather people not waist money on government permits and just take pics of the rehab along the way so I can see behind the walls etc.. This has worked good for people I know. Stop letting the mafia shake you down for so much money.

@laurasparkman2660

4 жыл бұрын

I completely agree that most codes are there for a reason, but you have to admit that some are just completely asinine.

You never fail to give me new ideas and things to watch out for in the course of my own GC work. Went out on my own a few months back and not looking back. Love the content! Thank you!

After I installed airbags on my tundra not sure why I didn’t do it sooner... thanks for the video.

You are totally right about this. I got suckered into buying one of these shiny pieces of shit. It looked great with all the eye catching bling but after 2 months of living there I got a notice from county that final building inspection never passed. I’ve been fixing things ever since I moved in. What a nightmare

@TheHandyman1

6 жыл бұрын

Thanks for commenting on this topic. Its good for viewers to see input from other people that have had this same type of experience.

@HB-yq8gy

6 жыл бұрын

In NJ that's fraud {NJ Consumer Fraud Act} if seller did not disclose final inspection never passed. I think now all the states have some type of Consumer Fraud Act" I would sue for damages if i was you & get your money go talk to a real estate attorney!

@silentstormstudios

6 жыл бұрын

There's also the notion of seller disclosure, which is required in PA. A seller has to disclose any defects in the property to any prospective buyers. Excluding any defects from the seller disclosure is considered fraud and gives the buyer recourse. I find it hard to believe that a court would accept that a flipper that just renovated a house would not be aware of the property's defects.

@livefreeordie9542

5 жыл бұрын

You didn't get suckered in, You decided to cheap out and not get a home inspection for $500. That's on YOU! Nobody made you buy that house. How about you take some responsibility for your actions or lack thereof and stop playing the victim.

@ahnnhi8433

5 жыл бұрын

How do you purchase a home without completed inspections? A risk you decided to take?

I couldn't agree more. I was called in to fix every painted surface in the flip that was ruined by the flipper hiring some cheap kid to vandalize the house. He followed me around asking me to work fast and furious and also cut corners, and I walked off the job. Every "contractor" coming in was unlicensed and also vandalizing the property. The flipper is a general who has absolutely no idea how to work in any trade or what qualifies as good workmanship. It looked all shinny and new when done, but I know it's a complete piece of garbage, with the flippers friends doing the electrical repairs. Scary! Of course no permits were pulled. What a dirtbag, pity the person buying it.

Yet another reason why it is always important to get a home inspection done by an experienced home inspector when buying a home, regardless if the home is a new construction or resale.

@neomacchio4692

10 ай бұрын

Maybe… but like everything else: financial advisor, real estate brokers, appraisers, inspectors… it depends on the person. Are they going to cut holes in the drywall and see if there’s wood rott or if all plumbing is updated? There’s a lot an inspector could miss that is hidden. Just make sure you know the inspector is legit and has been doing it a long time. And make a list of questions to interview them on. IE, how will we know the foundation is solid? How will we know the plumbing is all pex? Etc…

An exception I find reliable is when the seller renovated for themselves long term and a life change has them listing the newly renovated property.

I am an Electrical Contractor and am often asked to do handyman work. One of my ‘pet-peeves’ is when I see shoddy workmanship done prior to my arrival. I usually don’t get the repair job because I am ‘too expensive’ . But what am I suppose to do when the kitchen lights are hooked up to the stoves 50 amp double pole breaker circuit and the homeowner just wants the light fixture replaced. ?

I’m a retired GC and licensed electrical contractor, now doing handyman work that the big boys do t want to do, because I love to fix other people's crappy work. I’m the homeowners hero for making it right! My policy for 40+ years in this business has been "NO WORK FOR BUILDERS OR FLIPPERS!" IMO, they are nothing more than bottom feeders who don’t care about the "bones" of house, only the gingerbread. To this day, I only work for owners who are upgrading their homes, and not fixing to sell. Sadly, there are guys out there who will do anything for a payday. Maintain your high standards and you,l be able to sleep at night, knowing that your client and their family is sleeping safely each and every night.

@TacticsTechniquesandProcedures

6 жыл бұрын

Ryan Simmons he's looking for a soapbox you're looking for some legs to stand on

@jasonwilliams9369

5 жыл бұрын

you are a good man with real heart.

@notused2118

5 жыл бұрын

You are a little head strong and opinionated. Some sellers need investors because they can't in anyway sell retail.

@notused2118

5 жыл бұрын

@@stargateproductions its a tough business for all parties. 100 years ago was quality built but now plastic and unlevel walls.

@tomruth9487

5 жыл бұрын

Joe Valencic, I agree. I'm currently working on a house to be flipped. It's a 100 year old house and everything mechanical was bad. It's been over 3 years, on and off, working on it and it's still not finished. If you don't cut corners, it's a long process. If you do cut corners, you are asking for trouble and it's really a bad idea.

I'm living in one of my flips. I have two little babies and tore the house to the studs. I personally put my hand on every wire and pipe to make sure they were 100% before I moved my little ones here. I sold my other house for a profit and will sell this one for a sizeable profit. I put excellent materials in this home and it will make a fine home for someone when i sell it. Not every house is the same nor remodeled under the same circumstances.

@christopherwimbish1229

5 жыл бұрын

Hey, I'm looking into flipping houses. could you lend some advice on the best was to find and purchase a house to flip?

Loved the exploding glass and toilet !

I love fix and flips, they give me so much work. I’ve gotten 4 of my last jobs all in the same neighborhood and the same flipper running new joists and subfloors. The guy bought a bunch of flood houses that all suffered from powderpost beetles. He sistered some joists, a few blocking and threw in some 1/2 Inch on top of the original 2&1/4 oak to try to remove movement. Put in freefloating floors to hid the rest. Didn’t even get it treated with boracare. After two years the beetles had eaten into the new stuff and floors were collapsing. Did the first, one of the other neighbors saw me working and talked to me and owner. Boom next job, so on and so one. Just got a call for bid another one Monday morning.

I do agree. A lot of flips are very shoddy work upon closer inspection. Not all are this way but there are many that take shortcuts or the cheapest route possible. I've seen many 'flipped' houses that get an offer quickly but then go back on the market after a month or so after I assume the inspection is completed.

@conniethesconnie

2 жыл бұрын

The way they make money on flipping is 1) reselling as quickly as possible. The expense isn't the cost of the house (they make that back when they sell). The expense is how many mortgage payments they make so they want it back on the market in under 30 days. Speed is worth more than quality. 2) being able to cut costs. The flipper will tell you this comes from having connections, knowing the market and cutting out middle men. Often it includes knowing how to hide problems behind paneling and paint.

The first place you go when buying a house is the BASEMENT. Never mind the pretty granite counter tops or nice tile bathroom, that stuff is easy to change, ...... look in the basement to see what's under everything.

@CTChipmunk

6 жыл бұрын

what if there's no basement and house is built on crawl?

@Buick_GSX

6 жыл бұрын

Get under the house and crawl

been there done that . i do the same type of work . affordable painting and repairs-angies list. i've come across alot of people i mean a lot. it comes through exp. one or two out of ten opinions concerning the potential customer are wrong. i go with the gut. loved when you said you overpriced the job. best way to walk away.i'm 59 and have believe if you do the right thing and make an honest living it doesn't get any better than this. 2 bad days eight good days pretty good percentage in my opinion. may the force be with you--

@arx754

6 жыл бұрын

Good for you. I'm a homeowner, and a single woman. I've used the same handyman for years now, and I always pay him MORE than he quotes. I've done a fair amount of work on my houses by myself over the years, so I have a good feel about costs and what it takes to do a job. I think this guy I use doesn't charge me enough, so when he finishes a job, I pay him what I think the job was worth----which is always more than he's charging. I'm retired, on a pension, so I'm not wealthy by a long shot. But, this guy, like me, struggles financially, so I don''t think he's in any position to give me "charity". He and his wife, like me, are in animal rescue, so he charges only $25 an hour for anyone in rescue. He works FAST, so often, what he does for me takes him no time at all. So, I look at "the job" and calculate what someone else would charge me, and I pay him, accordingly.

Wife and I bought a fix and flip house. First house I ever owned, so I learned about all the issues while living in it, haha. Issues include bathroom tiles not flush, rotted door jamb, warped wooden doors, no caulking around tub, some painted areas were not primed and began peeling, furnace not working properly, no beveling on bathroom tiles, shower drain not properly installed, and a few more. Be careful out there.

@skoockum

6 жыл бұрын

LOL and that doesn't even scratch the surface.

@jarvisaddison8560

6 жыл бұрын

Miguel Chavez Damn man hope it doesn't get worse, your right about the good looks but upon closer look it's not done well. Kinda like people may look good but the inside is rotten lol good luck

@craftpaint1644

6 жыл бұрын

Examine new walls from the attic down.

@fixitmann6685

5 жыл бұрын

Contractors typically DO NOT prime drywall anymore, even though most paints do call for priming new drywall. So, it would be unusual for the paint NOT to come off the walls of a new, or newly remodeled home, as the paint the government mandates nowadays is crap.. just color and water basically, no oil or solvents in it like there should be.

@livefreeordie9542

5 жыл бұрын

And all of that would have been found prior to you buying the house if you had done a home inspection. But I'm guessing you didn't want to spend the $500? It always amazes me how many people think they are saving money by not getting a home inspection. Then when stuff is found after they move in they act like a victim. You're not a victim, you're cheap. You gambled and lost. It's your own damn fault. As an investor, I always provide a home warranty and strongly suggest the buyer get a full home inspection. Don't blame the investor because you were too cheap to get a home inspection to uncover all of these items prior to purchase.

The highlight of this video was the intial shot of the load bearing wall removed to "open up the home" and later was said while driving that the ceiling is already drooping down several inches, that beam looka extremely undersized for the span it supports, later it will have to be fixed with a couple columns and refinshing.

what was your net profit on that little cleanup job?

Thank you for the great information. 1.) You are awesome for asking the owner before you threw away the appliances in garage. It could have been valuable to them. 2.) Inspectors need something to gripe about in their report. So having a couple minor violations like the required number of smoke alarms will detract him from complaining about other things. But of course, always have working smoke alarms in house.

whats the bat for?

@brandonfrancey5592

6 жыл бұрын

Getting paid.

@OneNewHope

6 жыл бұрын

Legitimate business.

@OneNewHope

6 жыл бұрын

what are you, a cop?

@gentbar7296

6 жыл бұрын

Bruce Wang for other contractors yall seen them throw things at each other

@render8

6 жыл бұрын

Baseball...duh

I love this, it always feels like some contractors/handyman gossip xD the tea is scalding lmfao!. Love your videos especially ones like these ((: 💚

I get where you are coming from but you should really use some type of disclaimer that this is extremely subjective and there are a lot of variables here. When you have some lady who has no clue what’s going on, of course it’s going to be a shit show. The video should have been titled “Don’t buy a fix and flip from someone who has no pride in workmanship.” There’s a lot of people out there that take a lot of time to learn how to do things correctly and pull permits.

@TheCharleseye

3 жыл бұрын

Found the Fix-n-Flipper.

@AMNESSHA

3 жыл бұрын

This is probably the most irrelevant comment

@zachary6313

3 жыл бұрын

@@TheCharleseye who is it?

@prokillergrape5823

3 жыл бұрын

If it was titled that then you and most of the viewers would not have watched it. Man’s gotta make his money and get a decent message out for those who aren’t educated enough to know.

I've been flipping homes for 18 years. Some "bad apples" are definitely out there. We make everything right, from top to bottom! Costs more, but you fly through the inspections, and I have to sleep at night. Have to buy them right! The $ is made on the purchase, NOT the fix and sale.

@EricduToit

5 жыл бұрын

^ This . "The $ is made on the purchase, NOT the fix and sale." We briefly looked at a home that was what I'd call a 'soft flip' - house wasn't in bad shape, just cosmetic stuff. Painted inside & out, low-mid grade new carpet, granite in the kitchen. He'll sit on it for another 2-3 months because.. even though it's in a good location, I'd need to put another $30k into it to make it truly worth what he's asking in that neighborhood - needs wood floors, bathrooms, and has a few strange floor plan things that could be corrected without any compromise. We passed.

@christopherwimbish1229

5 жыл бұрын

Hey, I'm looking into flipping houses. could you lend some advice on the best was to find and purchase a house to flip?

I agree fully, flipping attracts the biggest scumbags in the industry. I been in construction for twenty years and don't even talk to them.

Thanks for some good info. I've watched many fix and flips here on YT but I have not seen evidence in any of them where new wiring was put in, and many of these homes were built 30, 40, or 50 yrs ago, some have been trashed and some unoccupied for awhile. There is sure to be some things that are not up to code. I bought an older home (non-flip) and I didn't find out that the wiring was screwed up until I had a fire. The inspector showed me where it started. Among the many things that potential home buyers should question is the electrical wiring, whether it has been upgraded and if so, ask for the paperwork. If the seller is reluctant ... you might want to rethink that purchase.

That fly by nighter made some good coin. And I've seen plenty of cases where home inspection & even permits didn't keep shoddy building in check. But yes, walk away from remodels without permits & check your home inspectors credentials. Never use a realtor provided inspector. Get your own.

A home inspection should include a licensed electrician, plumber, HVAC and structural engineer. All four could visit the house and be done in the same amount of time compared to a single home inspector for about the same money lol

When ever a customer starts to haggle down my price intensely I walk. Experience tells me they then will knit pick and give reasons not to pay at all. Or only a portion.

@arx754

4 жыл бұрын

I'm a homeowner and whenever I am given an estimate for work on my house, I always say, "Okay" (as in "thank you for the info"). I always assume that's the PRICE. I will usually get 3 estimates for the work, and then I see which contractor I'll use. But, it's not always the one who gives the lowest estimate. I judge the overall transaction with the person, and with some guys, I'll have a better feeling about them and how well they'll do the work, so they might be a bit higher than another one, but I'll still go with them. But, my point is that I've NEVER haggled. Lol. I figure they're giving me their best price and if it's too much, I can go elsewhere. Am I doing it wrong? SHOULD a person haggle? Since I can't give a good reason for why their price should be lower, it's impossible to haggle.

@Pound_Shift

4 жыл бұрын

I have a saying when I bid jobs “ I may be slow but I’m expensive”

I keep away from flippers, slumlords, I also over quote so I can walk away peacefully when I sense a degenerate cheapskate.

@renaissancemen1

6 жыл бұрын

muniznick you adopted my company moto. I also stay away from builders. They are also low ballers.

@cre8tivplace222

5 жыл бұрын

Minimal, not everyone can afford the exorbitant pricing of some handyman. I got 3 estimates to sheetrock a 10x12 room (I supplied the sheetrock) no taping or mudwork. 1 guy said $300, 1 guy said $800 & 1 quoted me $1500! That's a HUGE discrepancy! The $300 quote was for 1guy. 2guys for the $800, & the $1500 quote guy said it couldn't be done with less than 3guys, staging & a bunch of gobbledygook. I hired the $300 guy he did a perfect job with a ladder and a thingamajig he made out of 2x4's to hold up the ceiling sheetrock. I have found that alot of times handyman etc way overcharge like they think everyone is a gadzillionaire. It used to be "quality work for a reasonable price" now it seems it's "get whatever you can price gouge out of a customer" I had same prob with electrical work. 3 estimates, 1 $40 per hour, 2nd $80 an hour, 3rd was $150 per ceiling fixture! All estimates were for the same exact work to be done. Can anyone explain a legitimate reason for such a huge discrepancy in pricing? I think this is one of the things that needs to start to be regulated. They have regulations for stupid things, but Hardley any prevent the consumer from getting ripped off.

@cre8tivplace222

5 жыл бұрын

Muniznack, not minimal. My corrector changed it :/

@painterken2542

5 жыл бұрын

@@cre8tivplace222 SOMETIMES....its overhead.insurance workmans comp.company vehical..all cost money and you get to pay for it..im a one man band with an old truck.old painters whites and 30 years in the trade and a second generation painter..theres been times ive tried to help homeowners out and paint a room for 100 bucks cause i felt sorry for them..i know that the competition would charge 800..they show up new truck new painters whites 2dummies that are basically FLUFF..and sometimes ive gotten hard up and been on a crew thats chargeing 800 per room...and the company has had little to no true experience..customer was just paying for a shinny truck with logo..Secretary that couldnt get payroll right.and 2 dummies dressed as painters..the only way anyone can tell who is the crook thats going to do crap work and take your money and run is to get real live referances..not just pics..and talk to them and do the research..yes i know it takes time that you dont have but that is your answer as to why there is always a wide variation in bids..usually if insurance is a requirement thats the main thing that cost $ then if you are dealing with a crew vs an individual..worker's comp...then look at the truck there driven..$$$$ long winded but hope its helpped

@fixitmann6685

5 жыл бұрын

@@cre8tivplace222 In Arizona, licenced contractors DO have set rates from the contractor's board. However, you can hire a handyman for about half the going rate IF you can trust him to do a good job. If you're paying only a fraction of the contractor rate, you're screwing the guy working for you, who can't live on $20 an hour unless he's living under a bridge. Typical contractor rates here are $150 an hour. Handyman rates are $75. Contractor has to pay for tools, INSURANCE, license, bonds, workman's comp, maintaining multiple trucks, inventory, taxes, and other fees. Note the INSURANCE. If something goes wrong, and you can prove it was the contractor's fault, it's covered. Plus he likely takes credit cards etc. Handyman still has to pay for tools, maintaining his truck, etc. Typically NO insurance, you are liable, not him, if anything goes wrong. Cash only, no credit, no payments. He'll be using a rotary saw instead of a fancy cordless compound miter to get cuts perfect. You might find he's spliced wires wrong if he's never done wiring before, etc. You want to pay less than that, you should do it yourself, or get the guy next door to do it for dinner & a beer. No guarantees, there, at all.

In the beautiful state of Alabama (at least in rural Alabama,) we do not have to have permits for home repairs or renovations for the purpose of sale. The State requires permits for some sewage applications, but in general no permit is required for too much of anything. That in itself can be good and can be bad. Other that your own knowledge and possibly a home inspection should YOU require one are the only safeguards against cheap, shotty work being done by any Joe blow calling himself a handyman or a contractor. That said, word gets around fast if you come into these parts and do less than good, compliant work.

Re the dump, where I live in Belgium everything is separated you just can't throw it all in one pile. I like your channel. JD.

It still amazes me that in such a country like the US, people just trash things without separating or recycling. It's mind boggling if you're not used to it.

@TheHandyman1

6 жыл бұрын

It cost to much to recycle. The return isn't there.

@TopRPDRvideos

6 жыл бұрын

Yeah you need the incentive. In Germany you have to pay for your waste, but if you separate it's for free.

@bb5242

6 жыл бұрын

How does Germany recycle old wood paneling, used toilets, old glass shower doors, and assorted trash? The only things that get recycled are the white goods (the washing machine) and maybe the microwave. Plus, Europeans export a lot of their recyclables to places like China and Philippines where you see those kids climbing over huge mountains of trash to eke out a couple bucks a day retrieving copper or other metals from the scrap. So spare us all the self-righteousness, please. Even places in the US that do lots of "recycling" doesn't mean the items ever get reclaimed. Think "buried by category" and you have a far better picture of what is going on.

@bigdogpete43

6 жыл бұрын

Top RPDR videos You are well trained to give others your junk so they can make a profit.

@lupusk9productions

6 жыл бұрын

It amazes me too that we pay these trash companies to take our waste, yet even they don't take the time to separate materials or they limit the amount of stuff they even recycle. Trash is like a gold mine if you have the right setup. Why not just grind everything up and use a vibratory separator then use those materials for other things? Powered with solar and other renewable energy sources could make it very worthwhile.

I swear I thought you were describing the house I bought when the video first started! My house looked beautiful and perfect when the realtor showed it to me. I had it inspected by someone who I thought was a reputable, licensed inspector. The reported issued were taken care of. Three years later, major pier & beam foundation damage that should have been reported in the inspection caused the new floor to completely pop up! After speaking with the people who lived in the house before the flippers bought it, I found out that they had already been given an estimate for foundation repairs before the house went into foreclosure, so the damage wasn’t a big secret or difficult to see. I absolutely LOVE my house because the layout is perfect for me, but the damage that was intentionally hidden/covered up was a very expensive lesson for me. I will never trust anything else a realtor or inspector tells me unless I see proof of everything they’re telling me with my own eyes.

remember seeing this a few days after you dropped it, still a good watch, thank you for the info and insight into the world of flipping.

I like your video. You are spot on about so called tv flippers. I have been building and renovating homes for almost 40 years. I have certainly seen my share of flip and forget homes. I, like you usually work for the people that got taken in by the eye candy of the flipped home. I ALWAYS get a permit and I ALWAYS get inspections.

Great video! So true man! Lip stick on a pig! That’s why I charge $35 for estimates and weed out all the bottom feeders and tire kickers. 20+ year drywall and painting contractor here.✌🏻

@gentbar7296

6 жыл бұрын

Paul Peck good idea. ive been estimating filthy rich bottom feeders for a while

@mysticjbyrd

6 жыл бұрын

kick tires?

@soylientgreen5663

6 жыл бұрын

Paul Peck $100 estamates.. and it goes towards job. Bid high

@soylientgreen5663

6 жыл бұрын

Especially yankeys charge triple lol

@soylientgreen5663

6 жыл бұрын

Frugal slum lord

Always look past the looks of a home when you buy a home, a good home inspector is worth his weight in gold 400 dollars well spent you are 100 percent correct

I live in AZ and the State doesn’t require any inspections BUT highly recommends them. I have bought and sold a few homes, but none of them had any major remodel or anything added that would require a permit. I think AZ is much like where you live. Thx for another great video, you Rock Handyman!!! 🌵😎👍

noticed during the slow mo toilet toss that something looking like ice fell out of the tank, what city is this?

@TheHandyman1

6 жыл бұрын

It was Ice and snow. It was sitting in my back yard for a few days. My location is top secret.

@mtaylor935mt

3 жыл бұрын

@@TheHandyman1 You’re in the Pacific Northwest.

Always get the house inspected no matter how good it looks. Just sayin.

@OG_Beckie_Leigh

2 жыл бұрын

I paid a ton to have my flip & fix house inspected by a licensed home inspector before I bought it in 2017, and by 2020 the subfloor buckled so much that it pushed the new floor up. The damage to the foundation SHOULD have been easy to see underneath the house if the inspector had been as thorough with that part of the inspection as he was with the rest of the house. It was a very expensive lesson learned for me.

There is also self adjusting shocks.there shocks with springs,they work really well.

@limitedlogic4379

6 жыл бұрын

And they are way more expensive ;)

is there anything in particular you can suggest to carefully look at, when doing a walk thru of a flipped house.....as my daughter is currently in the market and looking to buy in the Chicagoland area....thanks

@munsters2

5 жыл бұрын

RE:Gary Vale. In my experience, plumbing is the biggest problem in most houses; especially the drain lines.

Love your videos and information. Im a local handyman myself and love any info, warning, facts i can get. Thank you. Be careful.

The purpose of a house flipper is to make money, so yes, negotiating and finding the best price to get work done is imperative in order to profit. But not every house flipper is going to be this lady you're talking about. The purpose of a contractor is to make money, so yes, getting the maximum amount of profit out of his own work is imperative in order to profit. Not every contractor is going to be good. Plenty of contractors out there will rip you off, never show up on time, do horrible work, need their work redone by someone else, etc. This is a one-sided opinion from a contractor. To anyone watching this video, keep that in mind.

You were smart to get out of the job.

@robertonestaj1329

6 жыл бұрын

hmm, he did clean the garage, easy money is his reason ;)

I moved into my rental in Georgia and there were no smoke alarms. You're my mentor now, since I'm starting my handyman business. Thanks for your videos! Invaluable!

@lobsterstrange

Жыл бұрын

Hey I'm new to Georgia too would love to work with you

hey there @The Handyman.... let me ask you this hypothetical situation. Home inspector finds termites, and identifies damage to floor joists on a 1300sqft house. He doesn't specify the degree to which they are damaged though. Home has slight floor sagging / dipping the in living room, and what feels like damage to the floor in 1 bedroom (large indent in floor). Buyer asks for $20k less on asking price for this work alone. Is this good, or should they be getting more?

I paid 32,000 for a flip at Myrtle Beach. Spent 5 grand and sold it for 69,000... used it for vacation a few times.

@AnytimeAssemblypros

4 жыл бұрын

Great. How long did it take to renovate, sell and close?

Absolutely right. Flipper got to me in December. Worst job experience in 30 years.

Hey, you guys don't need to separate your trash or don't have a recycling program at your dumps?

I bought a Fix-and-Flip from a local big-time Realtor who has been doing this for quite some time. It is our first home and it has been a nightmare since we moved in. The home inspector and subsequently, the attorney I hired where both friends with this guy so needless to say, I was at the bottom of the hill that those proverbial "turds" we've always heard about roll down. Both facts discover afterward. I'm not complaining however, I have learned more from owning this home than I could have ever hoped to learn any other way outside of working in each trade. I've always been a perfectionist so my remodel has taken me years. Shortcuts drive my mad. Furthermore, I have learned a life lesson about the level of trust I place in certain types of people as well as what to look for in a home inspection. I have looked at a number of homes since and am often more critical or revealing than the home inspector himself. I appreciate this channel and the work you do. If I didn't love my current career as much as I do, I would love to do this instead. Keep 'em coming brother!

This is why I don’t work for flippers or builders. They try and cut your price while they line their pockets. Not on my back!!!!

@a5sarola

6 жыл бұрын

I love it when contractors get all chesty about their subjective opinion of their value.

@renaissancemen1

6 жыл бұрын

Drew Sarola my price is fact. Not opinion. After 14 years I know my rate. Unfortunately I wish I was wrong about flippers, builders and slumlords. Every single time I give my price they try and lower it by having me cut corners or use an inferior product or material. I take great satisfaction in what I do. I stand behind the product I put out. I work for people that want value from my service. Once flippers realize they get more out of doing quality work other then trying to just shine a turd they may get a better reputation from me.

@deckmonkey1459

6 жыл бұрын

A lawyer's rate is subjective. $150/hour for a secretary to fill in a template form? Rates for any business should be based on all costs. Most people don't understand that. I wouldn't go into business because I would not want to deal with that. People are cheap except when they value themselves even when they are useless. I get asked to do side jobs for less than I make at work to" make myself some extra money". They expect me to give up my nights and weekends for $25/hour so they can save $80-100/hour and are offended and say I'm greedy when I say no thanks.

@nickfoxer1683

6 жыл бұрын

God forbid a house flipper try to "line their pockets" (a.k.a. make a profit) while flipping a house.... I'm not sure you understand the definition of "lining one's pocket". It refers to taking money that SHOULDN'T be taken.

@veganrising1082

6 жыл бұрын

+nickfoxer right, if someone agrees to the deal thats their choice, everyone tries to get the best deal possible. if they dont like the offer dont take it. but flippers need to also offer a quality home.

Nice video. I will never buy a flipped home. Once upon a time I did home remodels and I have seen some serious mistakes done by fly by night and inexperienced or short cutting Contractors along with the homeowner cutting his or her teeth on a DIY job. I shut down my business to become and Engineer so glad because there are those now that will nickel and dime a job along with those that will stiff you for the work done. There is a saying you can put lipstick on a pig, but that pig is still a pig. Just a nicely dressed up pig. You get what you pay for and sometimes you pay way more than it is worth.

I agree that your intuition is spot on, reading a customer is as important as the collection. I give my price and stand by it, people that try to nickel and dime the labour, I simply tell where to go bluntly and with no shame and or compassion. I am well known, respected, and now only work through references, and I am busy enough as it is. I now only work hourly, and get paid daily, which my customers appreciate because they see both the savings and the quality workmanship.

Good video, I had to rewatch it recently because I had a similar issue. Cheap flipper was beating me up on pricing but I stood my ground. The house was a rotted mess and he wanted band aid work, which I don’t do. Some jobs are best to walk away from I’m learning.

I won't buy a house that has been obviously fixed up to sell. You are paying someone else a huge markup to fix the house, they usually did it in a hurry at lowest labor rate possible, and the fixer is not going live with the result. Far better to get a house as is, then fix it up yourself.

The sagging and spacing between doors will have to be redone or bugs, mice, etc can enter the home. You are very right on flips,....be careful.....

its pretty crazy how much some flippers make. saw a house that foreclosed at 400k, and it was on the market again at 800k after 3 months or so. i know this cuz i wanted to buy it, but couldnt because i didnt have enough cash. assuming that the buyer spent 100k to fix, the buyer still made 300k, or at least 200k, in profit in just 3-4 months worth of work. that's some serious cash!

I love that u slow mo breaking the toilet and playbacks on the glass was epic... idk why when I throw something away at dumpster I always have to destroy it too

You should’ve saved that toilet 🚽 it makes a beautiful lawn ornament and planter. lol 😂

Nothing in the state of Idaho that requires a inspection on a flip. I work on them all the time. I get into discussions with the owners all the time. Some times I do the work and over build and do it right, sometimes they have others do their work. I am slowly getting them to spend the money do it right, make a name for themselves as quality flippers. They call me to come do jobs now that need professional and quality work. But no permit's pulled outside of gas and electric.

@kidcitylynnwood6324

6 жыл бұрын

PMPC Mining you are lucky, in Washington, they are up your hinny.

@jefferystensland1304

5 жыл бұрын

If you're changing any of the plumbing you're required to pull a permit, even to replace a water heater a permit is (by code) required . I would imagine if the electrical is altered the state would require one as well, but I only know plumbing code.

hello, I do remember on one of your videos you were showing that cool attachment to your cordless drill that allows you drill a whole perfectly in a center when you for example install the strike plate for a doorknob. I was at home depot looking for that cant find it, where did you get that and what are you call it? thx

@TheHandyman1

6 жыл бұрын

Here is a link. I think they might sell them at lowes. amzn.to/2GPfnFK

Good video. Solid content to let run, especially if you've got any interest in home improvement or the housing market. Not too instructional, but informative. Good quality mix of casual entertainment and niche education.

I was like "Duude, that washer, OMG the doors such a value" then I saw your face after tossing the toilet... Happiness can't be bought

I can appreciate what you're saying about a house flip. In my neighborhood these flips sell very fast. They are basically nearly 100 years old when remodeled in the lease expensive way possible. My own house has been on the market for over a year and doesn't sell. Same square footage, same bedrooms and bathrooms. But, my house has been remodeled over the years with top quality items and workmanship. Most folks do not notice. No one notices the cherry cabinets and custom storage. No one notices the higher quality wood cabinet boxes, upgraded hinges, crystal knobs and wooden lazy susan. No one notices a custom bathroom with stone tile, a jetted tub and heat lamp drying system. No one notices wooden floors throughout that are refinished. No one notices completely modern decor. No one notices custom floor to ceiling windows. I should have just done a cheap flip with crushed board cabinets fake finish. And my house isn't grey - so sad. Thank you for the video!

@elgieswift3498

5 жыл бұрын

I would have noticed all of those things and gladly paid a higher price for them. I'd rather have cherry cabinets that last a lifetime than something that will be dated in 2 years. (I don't care for jetted tubs though, but that's the only thing I would change on your list). So sick of our mentality that our whole interior has to change every few years to stay in style. Quality should never be "out" and thrown in a landfill.

@southernaf6785

4 жыл бұрын

If your house has been on the market for 1 year and no offers I I guarantee its priced to high

@johnrankin7135

4 жыл бұрын

If you think no one noticed those things you're wrong. I think you're over pricing

@nman2563

4 жыл бұрын

Crystal knobs? I think I have a clue why it is not selling.

The funniest thing to me was my Dad built a patio and shed off the house without a permit. He did everything to code when he built it but then 10 years later when they sold the house it wasn't up to code and obviously didn't get grandfathered in. It didn't hurt the sale though just a Nick on the price.

You said in the video that it cost $75 to drop off the junk. What did you charge the realtor to clean out the garage if you didn't mind me asking? I'm just curious about pricing strategy for myself

I think past home inspections should become part of the disclosure process.

@livefreeordie9542

5 жыл бұрын

Or you could just pay &500 for your own home inspection and get the current condition of the home. Instead of one from 10 years ago that is no longer even remotely relevant.

@justinh1601

5 жыл бұрын

@@livefreeordie9542 - Why is it that one precludes the other? Go ahead and force folks to pay for their own, but include every single one in the disclosure. Why, given an ethical inspection process, would there be a problem with that? It drives me insane that you are forced to have an inspection for 3-500 dollars, yet the results are no where near the same. My first home had SOFT COPPER piping for the entirety of it's gas lines. I'm a software engineer, not a handyman. I had no clue. About a year later, my mother in-law smelled gas on the back deck while she was smoking and we called the gas company. They shut my gas off and made me replace every gas pipe before they'd turn it back on. I paid more than the 400 dollar inspection to correct that little hiccup... The inspection, just like an appraisal, is just another way to screw the home-owner and buyer out of just a little more cash.

@duradim1

5 жыл бұрын

I don't agree with that. Things may have already been fixed and why give ammunition to the next buyer? Use your imagination so I don't have to give examples of what I mean. Some inspectors will report the most minor of offenses on the best prepared homes to give a buyer the impression that they are worth the price.

@arx754

4 жыл бұрын

Michael: When I was selling my home in CA, I got a home inspection done and made it available to perspective buyers. I fixed many of the things the HI found and had receipts to show I did. Others, I did not do, but the buyer knew what wasn't done. I wanted no surprises if a buyer got a home inspection done AND I really didn't want to sell a house where something was wrong even if I wasn't aware of it. I just think "Honesty is the best policy". In that neighborhood in CA where I lived, a few years prior to me selling, a guy put his house up for sale and ended up selling it to a young couple with a baby. Through the grapevine, we found that he had dropped the price in order to enable them to buy their first home. Well, woman and baby started getting sick. Turns out the house was full of black mold, and guy had hired a contractor to put new drywall over the old moldy drywall and new floors over the old moldy floors in order to conceal it. The guy---and the contractor---ended up going to state prison for it. So, he didn't drop the price to be a nice guy; he figured he'd unload the house on this unsuspecting young couple who probably weren't going to spend the $ to get a home inspection. Can you imagine the greed involved in selling such a house to a young couple, especially with a BABY? And, the contractor who did the work was a crook, too.

Obviously flipping houses shouldn't even be an option if you can't do the work yourself!!!

@arx754

6 жыл бұрын

But, you have to admit that if you KNOW how to do the work yourself, but it's cheaper not to, you're in a much better position to evaluate bids and the work you have done. Matter of fact, if I was an honest guy, I think I would prefer to get work from a guy who "knows his stuff". He'd know what it really takes to do a job and that I'm just looking for a decent profit.

@JustinCrediblename

6 жыл бұрын

Ryan Carlen not necessarily costing you when real estate prices are rising.

@livefreeordie9542

5 жыл бұрын

Obviously you have no idea what your talking about. But you are entitled to your opinion no matter how ridiculous, stupid, misguided and wrong it may be.

Here in Florida the home inspectors are now licensed, the licensed requirement began a few years ago. It's not required to get a home inspection done for the purchase of a home unless it's a FHA loan involved. In Florida they want most work to be permitted. It's always recommended to get a home inspection done before purchasing; however, even home inspections don't uncover all the "cut corners" that sellers do.

@jonbarrett9053

6 жыл бұрын

Beaches Home Services you will need a 4 point home inspection to obtain property insurance...even with Foreclosures in FL

@arx754

6 жыл бұрын

Might not be required, but smart idea. Years ago, in my neighborhood in CA, a house went on the market and sold a short time afterwards to a young couple with a baby. Rumor had it that the seller sold "cheap" to the couple because he felt for them, being young and having little money. About a year passed, and we learned the couple had moved out into temp housing. Baby kept getting sick, and finally the couple learned that the seller had hired a contractor to put an extra layer of drywall throughout house in order to cover up black mold. The house was a death trap. (The seller and contractor were indicted and went to prison. Don't know what happened to couple and the house). What kind of a horror of a human being would do that to a young couple with a BABY, for gawd's sake!?).

is it possible to require all permits for renovations in the purchase deal?

That door gap is a perfect example of what caused me to stop hiring people and doing my own work.

@cre8tivplace222

5 жыл бұрын

I hired a guy to install my fence, for 3 sections of vinyl fence with 1 small gate. I told the guy (when he was giving me an estimate) it had to be touching the ground even if that meant he had to dig. I get home after he was "done" & the bottom of most of the fence was at least 6-8 inches off the ground. Since he had cemented the posts into the ground (his idea)there wasn't anything I could do to make him correct it. I ended up having to buy 4 more vinyl posts and Mickey mouse them up to the gaping holes to cover the holes up & buy dirt to mound up against it so hopefully my dog doesn't figure out an easy escape route! So, instead of a nice looking fence, it looks like horrid until the perennials grow to hide it. But nothing is going to hide the extra piece I had to install on the bottom of the gate to fill in the gaping hole he left at the bottom. The gate part was on flat concrete, so no reason he couldn't have installed it to my specifications.

@RiverSLV

5 жыл бұрын

TheRacerRich doors aren’t easy believe it or not

@kgriff087

5 жыл бұрын

Or just dont be a cheap ass when you hire a contractor. Flippers are CHEAP!

@3818r

5 жыл бұрын

@@RiverSLV Actually they are if you know what you are doing. 90% of them don't know or care. The reason you hire a quality GC is he weeds out the idiots.

18:07 You have a thing with breaking shower doors.

@TheHandyman1

6 жыл бұрын

You deserve a prize for that comment. You must watch all my videos. Thanks for watching and taking the time to comment.

@scottmiller9098

6 жыл бұрын

I've been watching since day one. Enjoy your work, your approach, and the humor.

@ohioharleyrider8143

3 жыл бұрын

Handy won't be breaking the new door, the new owners will be 2:46

@2:46, is it me or would the Bath block the Shower door from opening fully? Seems like it will only open 45 degrees. Should have put the Shower door on the end?

I was thinking more along the lines of fix and rent. Any thoughts on that?

Buying a flipped house is like buying a car with a salvage title or a refurbished appliance...no thanks. I can always tell the ones in my area--they always use the same ugly prison gray paint on the walls.

@P_Belle

6 жыл бұрын

GMOgottago - that grey paint has been popular for YEARS! especially in granite kitchend with islands.

@TastyTrees916

6 жыл бұрын

Yeah it’s always grey with those red brown kinda grey laminate flooring and bright white quartz counters in the kitchen and bathroom lol cause that shits cheap

@freetolook3727

5 жыл бұрын

And here I thought all along that off white (beige, french white, cream, colonial white, etc) was the craze.

@fixitmann6685

5 жыл бұрын

@@freetolook3727 Trend has changed. Yeah, it's the industrial look now. You're still safe with tan neutral tones though, for those who don't tend to be trendy.

@livefreeordie9542

5 жыл бұрын

So if all flipped houses are trash, then that must mean all contractors are trash as well. Or could it be like any industry there are good and bad in both investing and contracting?

You need a more accurate watch, you keep looking at that watch to check what month it is...😉

I'm into this kind of thing, so the topics were interesting. But it was just fun "hanging out" with you for the day! Thanks.

How do I contact you to do work at my Dover, De house? it’s unoccupied and I plan to move in in November.