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Updated 4 days ago on . Most recent reply

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Ali Kalaei#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • New to Real Estate
  • Houston
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When a “cosmetic flip” stops being cosmetic

Ali Kalaei#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • New to Real Estate
  • Houston
Posted

I’m starting to think “cosmetic rehab” gets thrown around too loosely. A house can look like paint, flooring, cabinets, fixtures, and cleanup from the listing photos. Then you look closer, and it has an old panel, weird plumbing, a questionable addition, a garage conversion, moisture near a window, or something that probably needs the city involved. At that point, it doesn’t feel cosmetic anymore. It feels like the project has crossed into a different category, even though the seller and agent are still talking about it as a light rehab.

For people who have done enough flips, what makes you say, “This is not cosmetic anymore”? Is it permits, mechanicals, layout changes, old electrical, structural questions, or just the moment you need multiple licensed trades before the pretty stuff even starts?

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Jules Aton
  • MD/DC
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Jules Aton
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Replied

In my experience I'd almost rather a full gut job. Most of the cosmetic flips I have done ended up becoming more than anticipated whether due to surprises or getting in there and deciding its easier to be one and done so upgrades are made that I didn't initially plan to do. 

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