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4 Expert-Approved Remodeling Tips for Homeowners & Investors

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Whether you’re the homeowner who started the first remodeling or the investor who started the fifteenth remodeling, it’s easy to be overwhelmed by the breadth of work. Don’t panic. We are covering you. These four professional home remodeling tips will help you schedule your home remodeling timeline and work with your contractor to make everything smooth and stress-free. Slow down before speeding up.

Related: Here’s how to increase the value of your home or investment property

what do you mean? You need to plan your project.

1. Slow down

Best Home Renovation Tips?You need refurbishment schedule..

One of the first things a novice real estate investor does as soon as they buy a home or start a project is to start right away. do it.. You want to tear things apart and fix them. now. You are hiring a crew as soon as possible — and before you know it, you don’t know what’s going on.

Do not start dismantling until you are ready. The last thing you want is to dive into DIY and tear the sink you shouldn’t have torn. I had a change order in the bathroom because I didn’t understand the real challenges of the project. You may not have a building permit or you may have installed the cabinet prematurely without measuring the appliances. Perhaps in your hurry, the worker will scratch your new floor. I have a hard time catching up because there are so many moving parts.

How do you avoid it? First, you need to plan your project. Please slow down. If you increase the speed, it will crash.

Take a look at the project. Know what you are trying to do with it. Plan it.

2. Understand the work scope description

A statement of work (often referred to as SOW) is a task list provided to the contractor that tells the contractor exactly what and when they expect to do it. Some real estate investors don’t like to elaborate further. They think it’s the job of a contractor.But if you don’t explain Exactly What you want will be confusing.

Contractors will do whatever they want, so you will spend more money. They will do more than you want or less than you want. Maybe the shower is thinner than you expected … or the countertop is pretty fancy and leads to unexpected costs. If you don’t specify it, it won’t work.

When creating a scope for a rehab or remodeling project, be as detailed as possible.

For example, an electrician’s billing information shouldn’t just say “upgrade the electrical service in my house.” “I want to upgrade my home’s electricity service to 200 amps. I want a new electric box. I need a new breaker, an AFCI breaker or a GFCI breaker.” Also, if you need to install a new lighting fixture, that’s it. Please also clarify.

For beginners who don’t know all of these details, ask an electrician, plumber, or specialist to walk through to provide recommendations and ask questions. That way, as you go further, you’ll know the right questions and details to include in your SOW.

You ask questions, learn, and offer a better range of work.

Previously, it kept all scope from past projects and past bids without approval. That way, when I started working at the house next door, I could see the bids, use the right conditions, and sound wise in front of the contractor. (Then I think they know a little about what we really are doing.)

Google is your friend. All this information is there. Do you want to know everything you need to know about electrical services in your home? Go to Google and type “How does my home’s electrical service work?”

I also recommend A book on rehabilitation cost estimates By J. Scott.

Related: A simple 6-step process for estimating rehabilitation costs

3. Prepare

Please choose the finish as soon as possible. Make a decision before starting the project. Too often contractors come to the scene. For example, a tile contractor. “Hey,” they would say, “We are ready to install the tiles. What cuts? Which tiles do you need to use? Where can I get them?”

It takes 3 days to choose the tile. However, the contractor said: I have another job. I’ll be back in two weeks. “

This is all because I didn’t select the tile. You weren’t ready. I lost two weeks on the project because of a preventable delay.

Make all design decisions in advance, from the toilet to the back splash. Choose a finish and material. Determine the supplier. Even better: actually put those materials on site by the time the contractor is ready to get started. That way, your contractor isn’t waiting for you.

4. Trust but verify

No one can be blindly trusted. Always check. You need to manage the quality of your project. We love the people we work with, but we want to trust and verify them.

We or our team members take at least 100 or 200 photos of the current project each week. We can take pictures every time we enter the house and see what is happening. Place these photos in Dropbox or Google Drive as part of the quality control process.

You can easily say, “On December 10, 2018, we joined the project,” and you know exactly what the contractor did. When I say that the plumber is finished, I can say, “I didn’t actually connect it because it’s a picture showing that I didn’t connect the plumbing in the sink.”

This is a good quality control process.

Related: 5 Bathroom Mods Tips Every Home Flipper Should Know

Alternatively: Make sure someone is at the project site at least several times a week. And don’t tell the contractor when. If you tell the contractor that you will be coming to work on Tuesday at 10 am, you can bet on the contractor and all relevant subcontractors will go there on Tuesday at 10 am.

That’s not what I want. I want to know what’s happening when he doesn’t expect me.

None of us entered real estate investment because we wanted to manage great things like construction and rehab. However, I learned that these four tips have come from years of experience and that practicing them is a requirement for successful remodeling.

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