Why Some Investors Don't Pull Permits

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Why Some Investors Don't Pull Permits

Рет қаралды 12,316

Күн бұрын

I lost $46,000 just waiting on Permits. This includes holding costs, engineer fees, drawings, and simply everything involved with waiting on inspectors. Here I go over why I decided to renovate this house without permits and what happened when I got caught. Also I go into the pros and cons of renovating without permits.
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Пікірлер: 58

@jaimegmc Жыл бұрын

The permits are pretty dumb… I was going to change a window, the permit was $50 and the window was $100… 🤦🏽

@marquis1181 2 жыл бұрын

I’m binge watching all of your videos they are a tremendous help!

@DevinMorenoInvesting 2 жыл бұрын

I'm glad they are helpful! I'll keep posting them!

@JFreeUNC 20 күн бұрын

Real number one: to avoid increase in property taxes.

@DevinMorenoInvesting 20 күн бұрын

That is also very true!

@csl9495 Жыл бұрын

Good informative videos. Im just starting to get into home diy's and excited to do everything, except learning that you need to get permits and your taxes would go up.

@petephma1657 2 жыл бұрын

Love this topic! You nailed it. The permit process sucks. And they are pre-madonnas. They show up like they own the place no bedside manners at all!

@justdope7447 Жыл бұрын

So f****** what it's people that think like you is why I'm in the position I'm in🤦🏿‍♀️if you're not going to do it right then Don't fuckn do because the buyer is the one who gets screwed in the end.

@williammahoney6968 Жыл бұрын

intro music blasted my ears. Good audio quality and content, thanks!

@OGKennyLee 2 ай бұрын

You're the guy i need to meet, just bought a house in baltimore, will need help with renovations

@williamreynolds8733 Жыл бұрын

the permit and inspection are to protect the homeowner, or buyer not the builder and i highly recommend them to protect the consumer.

@DevinMorenoInvesting Жыл бұрын

That is absolutely the case for flips

@NyasiaC 2 жыл бұрын

Amazing new video quality!

@DevinMorenoInvesting 2 жыл бұрын

This one was done with a little help from someone who knew what they were doing :)

@NyasiaC 2 жыл бұрын

@@DevinMorenoInvesting it’s perfect. I might have to use your person when I film down there! Great job!

@gizzeconstruction 7 ай бұрын

We need to stop putting up with the permitting nonsense in this country. Its not right and people need to resist

@Hoodwinkedhouse Жыл бұрын

Permits are the lowest bar to clear. They are not expensive. It's doing following the actual BUILDING CODE that might seem "expensive" to an investor, but it's the cost of doing the job right. Cutting corners and ignoring building code literally creates problems that are just waiting to be discovered.

@huejanus5505 Жыл бұрын

Permits aren’t always the lowest bar to clear, it all depends on the municipality. Some of the municipalities around here are a bear to deal with. One municipality around here will cost you about 2 months of time and a full set of plans, and that’s for a deck. If you submit the plans and they don’t like a certain bolt, for example, they make you redo and resubmit the plans and then get back to you in 2 months or so. Instead of just saying change bolt x for bolt y. I don’t mind getting a permit for work to be done. I prefer having somebody check my work to catch any potential problem when it’s much easier to address. But it often makes scheduling jobs virtually impossible.

@petec5935 9 ай бұрын

Because you don't pull a permit doesn't mean corners are cut. People are sick of the morons at the building departments all over the country. Sick of dumb ass attitudes by these city employees. They only have jobs cause of home owners and contractors.

@petec5935 8 ай бұрын

@@huejanus5505 yeah I think they are close to the same everywhere. For remodels plans but no permits are how most want out done now at least here. Add on is a different story.

@themarylandstateinvestment2969 2 жыл бұрын

Great video bro Devon 😎👍🏼

@panipoori8961 6 ай бұрын

Very well explained

@lutherjohnson8205 Жыл бұрын

Great content sir!

@DevinMorenoInvesting Жыл бұрын

Thank you!

@swingblade1776 Ай бұрын

What if you complete all the work without a permit and then get caught months or years later?

@Joker-jz9cn Ай бұрын

So I am about to create a LLC for interior dry wall removal, I have a friend who does this work and would switch over and work under the LLC. Would he need a license for dry wall removal? Would I need to get a permit?

@SkyOceanBleu 10 ай бұрын

Shit (regulation) like this is why we don’t have more affordable housing

@dastan3103 2 жыл бұрын

Permits are a pain no matter what .

@DevinMorenoInvesting 2 жыл бұрын

Many would agree with you. They certainly complicate the process a lot

@justdope7447 Жыл бұрын

Only people who agree with this is the person trying to sale a piece of crap with a pretty bow on it🤦🏿‍♀️

@mbords01 Жыл бұрын

My husband and I have obtained permits for our retaining wall, reroofing, preventing rock from rolling etc. not pain at all. In fact our contractors were used to this process. If you are responsible contractor you would follow proper procedures to protect yourself and your clients. I am not saying that businesses do not make mistakes but businesses need to minimize liability by following guidelines. On the other hand, sometimes we might be faced with problem where local/state/federal government might be reluctant to enforce codes and/or willing to overlook policy; thereby neglecting to protect the public. My take.

@Mr_Damion_Scott 2 жыл бұрын

Happy new year Devin! glad to see youre still making videos.

@DevinMorenoInvesting 2 жыл бұрын

Happy new year! I'm definetly trying to keep at it! This KZfaq game is pretty tough haha

@Mr_Damion_Scott 2 жыл бұрын

@@DevinMorenoInvesting you got this.. 💪

@VanIyke 5 ай бұрын

A relation just built a new bathroom in her house. Only after it's 95% completed dies she realizes she needed a bathroom permit. What would you advise she do? Can she still get a permit? Would it require gutting everything she built & starting from scratch?

@blackangel181588 Жыл бұрын

Very good breakdown 💯

@DevinMorenoInvesting Жыл бұрын

Glad you think so!

@twincherry4958 2 жыл бұрын

I really don't get any properties that require permits to do reno. It's scary

@DevinMorenoInvesting 2 жыл бұрын

Definitely agree if you are new. The system is quite annoying to get through

@twincherry4958 2 жыл бұрын

@@DevinMorenoInvesting I feel like if you haven't been in the biz for a long, like a good amount of investors in Baltimore, it's complicated. However, it helps way down the line.

@jamiefigley 9 ай бұрын

This is all very true!

@heroknaderi Жыл бұрын

Wow what a job. And now i see why people just like to sneak stuff done.

@DevinMorenoInvesting Жыл бұрын

Yeah unfortunately the process is brutal. Its now my reason for not doing any gut renovations in the city at this point

@justdope7447 Жыл бұрын

FUCKN SAD FOR THE BUYER

@DevinMorenoInvesting Жыл бұрын

@@justdope7447 House Flippers usually always pull permits since Realtors look them up. Normally when an investor is not pulling permits, they have no intention of selling the house for many years. So any half-baked work will be their own problem quickly.

@nicolaslopez8601 Жыл бұрын

I been binge watching all your videos, and gotten a bunch of useful information! Thank you! Do you recommend getting permits for a full bathroom and kitchen in basement I plan to rent it out? Any insight helps I’m closing on my first home in Baltimore by the end of the month !

@yova2002 3 ай бұрын

It seems the inspector are too busy in the whole country. I do not think they need two months to process or approve a permit, but they take their time to pretend they are too busy.

@jhonnyramirez4425 Жыл бұрын

Did you ever worry about a certificate of occupancy?

@DevinMorenoInvesting Жыл бұрын

Only if it was declared Vacant by the city. The certificate stays with the property until then. If it is declared vacant then it's pretty easy to get the certificate back by going to the housing office

@kelsstizzle2 2 жыл бұрын

Hi David, so if you don’t pull permits then at a later date could you pull permits? How would that work? Should a cost analysis be done for fining, which I assume happens if get caught after fact or is there a grace period to get it done?

@DevinMorenoInvesting 2 жыл бұрын

Unfortunately pulling permits after the job starts could result in fines and a stop work order. Even worse is they might have you tear open walls if you closed them. Also inspectors tend to be meaner and more ruthless if you do this which is hard to budget for. So if you start without permits you have to not get caught and move quickly. Then you can potentially say you bought it like that

@kelsstizzle2 2 жыл бұрын

@@DevinMorenoInvesting ohhhhh okay. That makes sense. Thanks

@kelsstizzle2 2 жыл бұрын

And I meant Devin. My apologies

@justdope7447 Жыл бұрын

@Devin Moreno Investing so just lie as long as you Don't get in trouble 🤦🏿‍♀️

@SciaticaDrums Жыл бұрын

@@justdope7447 You just say you did it yourself. No contractor no permit needed. Check your local laws though. I'm renovating a 1972 mobile home in NH (total gut job on the inside, almost done). Since I'm doing it all myself, no permits required. Do it then shut the * up. There was one exception when the main box and breaker box was replaced by my electrician,