Are these so called remodeled or flipped houses any good. Yeah they might change the counter tops, wood, carpet etc things which would look good from outside, but what about the inner stuff like water pipes, gas pipes etc. Is it worth getting a flipped house for little cheaper? Please share your experiences?
Most overpriced cosmetic flips but occasionally you'll find a good quality remodel and as long as you are ok overpaying for the move in ready property go for it.
The safest thing to do is buy and renovate yourself
Then you find yourself another part time project manager job for half a year
Flips are usually a cheap update to maximize quick profits. No love or care in the work, they cut corners and buy cheap stuff to make more money, just be aware of that.
Always buy a brand new house if you don’t want to deal with the stress of repairs and remodeling every month. If you are spending millions you might as well buy some peace of mind and the look and feel of a brand new house is incomparable.
A good visual inspection will reveal the qaulity of a renovation. Some are done very cheaply, some are done properly but if you or a home inspector know what to look for, you can tell pretty quickly how good of a job was done.
Idk if any such company existed right now, whose main job is to flip houses. Maybe you can look at their reviews and get an idea of their flips
https://www.businessinsider.com/zillow-opendoor-buy-house-sell-house-quick-2018-12 Tech companies are going into the flipping business
Don’t inspections answer the plumbing and pipes questions? I’m afraid I have gone through with purchasing a house or flipping one, so I can’t say for sure. I would think that most are probably fine but if you see a handwritten for sale sign, maybe don’t go for that one.
If the flip pulled its permits the county inspector had already done all visual and code inspections before the walls closed up. Same for electric. gas. Blah blah. The exact same holds for a new house. You don’t rip down the drywall either to confirm wiring. Bottom line, make sure all proper permits were pulled. Get an inspector to confirm everything.
A home inspector doesn't have to treat into the walls to see the pipes. You can tell right away if a home has old steel pipes by looking at thre water heater pr under thr sinks. Many older bay area homes also have a crawlspace underneath for inspections and such.