Real-estate investor Joe Homs breaks down four critical issues in early 1900s homes: complete electrical rewiring and new service panels, minimal closet space requiring framing, old galvanized pipes and clogged sewer lines needing replacement, and outdated windows. Inspect these before buying, as fixes cost more when matching historic details.
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In today's video, we're going to talk about 4 things to look for when rehabbing older homes. Coming up next. Older homes are often very unique and offer lots of historic charm that just can't be found in homes built today, which many homebuyers appreciate. But they also come with outdated layouts and construction that you need to be aware of. Let's dive in. Welcome to the channel. I'm Joe Homs. I made this channel for the new and experienced investor. Help me grow by subscribing and sharing this video with anyone who wants to create the life they've always wanted through real estate. Number 1 is the electrical. And if we're talking about houses built in the 1900s, in 1910, 1920, you're definitely going to have electrical issues. And usually these old homes have to be rewired. You have to have a new electrical panel installed just to come up to today's standards. Number 2, closet space. So in an older home like this, you're not going to find a walk-in closet. You're literally going to find a small box in the room and you kind of have to make that work. You may have to frame in a closet to make it look a little bit nicer. Or come up with some other idea for a closet. Number 3, sewer line and plumbing both are going to be concerns. The plumbing that was used in the early 1900s is galvanized plumbing or iron pipe. Any of those are really not acceptable nowadays. The sewer line going out to The street may be clogged and it's something that you're going to need to check when you go do an inspection. And so for the most part, most of these homes are on raised foundations, which makes it easy for the contractor to work underneath and put in new piping. Whether it's you want to use upgraded copper or PEX piping, which is plastic, either or is functional. But definitely when you're rehabbing an older home, that whole thing needs to be done. Number 4 is energy efficiency. And if you're getting a permit and you're replacing windows, they're going to want you to replace them with dual-pane windows. So you have to maybe go to a custom window in that if it's of historical value, you're going to have to probably have a wood frame around it. and make it look so that it fits in the early 1900s style. It just can't be a dual-pane plastic window that you slap up there because that's not going to look very good. So you may have to pay a little bit more to get that custom window that complies with the new rules and regulations that we have out today. Fixing up older homes may require a lot more work to bring up to date. But the payoff of having a unique and charming home to sell can make it all worth it. Make sure that you look for these 4 items that we discussed when you go in for your inspection so that you know what you're getting yourself into. If you need help analyzing deals, click on this video right here. I show you 3 different ways to know if you have a deal or not, or just feel free to reach out anytime. I'm always here to help.
