Avoid these Expensive Mistakes Every New Homeowner Makes

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❎I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other. This is a Youtube video for entertainment purposes ONLY. IF stocks or companies are mentioned, Kevin MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Kevin's videos. If you need ANY professional advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc. financial advisor, or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for Meet Kevin®. Any use of other media is by fair-use only. The Paffrath Organization is a licensed real estate brokerage doing business as Meet Kevin® in California under DRE #02032575.

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[TailHappyTV]

this is why you should never buy a flipped house

[mynameismatt]

Tips on how to flip a house or turn a shit house you bought for cheap in to a rental property.
NOT tips on how to fix up the house you're actually planning on living in.

[martint]

These aren't mistakes, this is just the difference between a low-end and high-end home. Choose based on which type of house you're doing.

[krillansavillan]

Pro's take someone with a military discount for 10% off huge hauls

[bentrishaleemartin]

Damn man .. I wouldn’t let you do anything to my house

[Taking]

Most of the people crapping on this guy might renovate 1-2 times in their life, and are being totally unfair in my opinion.
Let's review what he said:
Vinyl planks are cheaper, look just as nice (when installed correctly), and are waterproof - Totally agree here (I use to literally SELL flooring as a salesman)
Water damage under sink: FIX LEAK, then address the COSMETIC DAMAGE with vinyl tile instead of wasting money replacing cabinet - Yep, agree
Get basic cabinets instead of $1000 distressed cabinets - Um yep agree (why are people are not agreeing with this advice so far)
Take advantage of fiberglass tubs instead of wasting money on tile, that might be prone to incorrect installation - Yep agree! (just look at other youtube videos here dealing with incorrect installation of pan liners)
Don't waste money on expensive front doors, led lights, tankless water heaters, refrigerators, etc... - um yea... agree again! Why price yourself out of a neighborhood? This guy is not talking about $450, 000 houses... People buying those houses, will look for those things before buying. But if we're talking about $100, 00-200, 000 houses... like this guys is STILL replacing all this stuff with brand new fixtures etc.


Don't waste money on pressure washers, and just hire your painter for a small side gig - Yea, totally agree.


Don't waste money on custom granite, buy granite still, just straight from the yard. - Who would disagree with this as advice?

Then he even went so far as to list a few things NOT to skimp on like toilets and smoke detectors.

Honestly, I really don't see ANYTHING here that warrants people saying "Don't buy from this guy". lol

I wonder how many of those same people have ever spoken to a builder about building a new house. Sure, they can put all the fancy stuff in, but it's going to cost you. There is a reason we use to call it "builder's grade" carpet. If you want nicer carpet, then cough up the $$$.


I thought it was interesting to see the few spots on where a pro thought it was better to spend a little more money.


Also, sorry dude, but the criticism for the tacky car decals... yea, that's warranted.

[markleone]

Lmao. First and only video I’ve ever seen from this guy. And seeing how much he half-measures home repairs, I can see why he has a shirt that says “Don’t sue me” 😂😂

[jasonswoger]

Noobs be like... This guy's a genius
Pros be like ... Don't listen to this guy

[jsmith]

The funny thing with people hating on his tips is the fact that this is how professional flippers legitimately think. Why spend more money on things that aren’t necessary when more times then not a buyer will change many items out or not even notice anyways. Take note. There is a difference between your personal home and your property for rent or flip, this is what many people forget

[thefodunk]

Noobs be like "I'm going to use all of these tips" but the pros say "nah I'm good".

[tabbott]

This guy is preaching to house flippers everywhere. I fix what the house flippers hacked when my clients live there for a year and everything starts falling apart.

[osareafallire]

Never trust a guy who tucks a t-shirt into his jeans for remodeling tips.

[userasdf]

Noob says: I love the new Mercedes Benz. Pro says: get me some of that 1995 Toyota Celica, REV UP YOUR ENGINES!!!!

[DanielIles]

Hahaha, the LVP switch is real! I just did the same thing. I also haven’t been using carpet ever since going LVP. Tenants think it looks “boujee-er” and it saves me from cleaning the carpet each turnover!

[keepingitcleanwithmrlee]

He told you to lay down laminate over a water leak in a cabinet.... Hahaha. Good luck breathing that mold growth he just made in your house!

[ChrisInvests]

No one should buy a house without watching all Kevin's videos first 🤷‍♂️👍🏡

[zerofactor]

0:45 - Quick note about dealing with water damage under sinks/vanities/cabinets. As he said, deal with the leak, but one thing he didn't mention was the possibility of mold growth. If you catch the leak right away and have it professionally dried within 1-3 days, you likely won't have to worry about mold. But if it's an issue with an unknown starting date, you should probably just assume that it's mold and call someone to come out and perform a mold inspection on the entire property (you never know what you or another inspector might have missed), which costs about $200 on average if they're genuine experts and not just licensed amateurs.

I wanted to point this out because as a mold and water damage restoration professional in SoCal, I very frequently come upon severe mold issues that are the result of improper remediation efforts (i.e. cutting out wet and/or moldy drywall/cabinets, wiping everything down with bleach, running a handful of basic box fans on the area for a few days and then building it all back) which ends up exacerbating the problem over time because the mold wasn't properly dealt with and ended up growing into something that can destroy entire rooms and sections of homes if left undealt with.

I know that Kevin is surely aware of all of this, but wanted to leave a comment to the curious in hopes of saving someone else some time and money some day. Good luck.

[Muphins]

Noobs be like: "I'm gonna use quality materials and really build out a solid, timeless property"

Pros be like: "Nah man, you know those cheap landlords that drove you to buy your own property because you were tired of surface level fixes? Be like that."

[johnnyrify]

Wow, I am a home owner who takes pride in my home DIY projects and This dude is unreal.His shirt should say #Cheap #Cheap#Cheap

[Eric.Schneider]

I saw water damage under my sink and was thinking about replacing cabinet, but then saw this video. Great content Kevin!