Top Renovation Mistakes by Flippers That Could Cost You Thousands
This week on the Thoughts from the Crawlspace podcast, Jamie Miller, CEO of Gold Key Home Inspections, Inc., dives deep into the world of house flipping, sharing expert knowledge on common pitfalls and oversights often seen in renovated properties. House flippers often aim to quickly revamp a property to make it market-ready, but not all flippers prioritize quality and thoroughness. Jamie highlights common flaws like loose plumbing, improper attic insulation, structural mishaps, and even incorrectly installed modern appliances.
This episode is a must-listen for anyone buying a flipped house!
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Episode Highlights
- Thorough Inspections Are Critical: Ensure professional inspections to uncover overlooked details in flipped homes.
- Common Flaws in Flipped Homes: Issues include loose plumbing, improper attic work, incorrect appliance installation, ungrounded receptacles, and inadequate crawl space repairs.
- Beware of Superficial Fixes: Cosmetic improvements like painting might hide more severe issues.
- Check for Professional Work: Proper roofing, structural repairs, and ventilation are indicators of quality.
- Long-term Solutions: Address the causes of issues (like mold) rather than just treating symptoms to ensure longevity and safety in your investment.
Timestamps
(00:03) Common Issues Found in Poorly Done House Flips
(02:32) Issues in Recently Renovated Homes
(06:06) What to Look Out for in Home Renovations and Inspections
(14:18) Electrical Issues
(16:16) Solutions for Home Inspections
Mentioned in this episode:
