Buy Investment Property - The Order of Tasks When Renovating

The best deals are found where there is the most work. However, these deals are not for everyone. In order for you to capture these bargains, you need to know how to properly renovate a house. You will need cash flow, materials, and competent workers. The focus of this article is to teach you the proper order of tasks when renovating.

Rebuilding a house is a mostly sequential task. One task waits on another, your timetable increases when a single job holds up the rest. Usually multiple jobs can be finished side by side, but if you and your crew do not master completing the jobs in sequence then one job may hold up all the other jobs. Time is important since no matter what you spend, you will not construct much financial advantage until your project is complete. In other words, you need to know how to renovate a building quickly if you really intend to renovate your finances!

Planning: Invest plenty of time constructing a building plan, timetable and floor plan before starting. Try to set a meeting with all the mechanics to draw out what they need. You will need to adjust for building all the mechanical chases and closets in your floor plan.

Permitting: Always make sure to get local approval before spending dime one.

Temporary power: This will be needed if you don't have power available.

Demolition: Remove and discard all outdated and rotten materials. Deconstruct all the way to the bare studs if needed. Clear the work site of any trash, weeds and unnecessary items.

Structural: Repair all structural elements from the foundation to the roof rafters

Roof: Complete the roof now so interior stays dry

Siding: Repair all siding on the house now

Windows and exterior doors: Once completed the building is dry and secure.

Exterior painting: This can happen at any time forward now.

Internal framing: Build all internal walls and framing.

HVAC: Install the unit and all necessary piping.

Plumbing: This goes next since sewer pipes are somewhat inflexible and bigger than wires.

Electric: All the wires and boxes go in the walls.

Insulate: Now insulate walls and while they are open. Consider more effective spray foam insulation.

Walls: Now sheetrock or plaster your interior walls and ceilings

Insulate attic: The new ceiling boards will support the attic insulation.

Paint: Paint the walls and ceilings at this point.

Interior doors: It is time to install doors and door knobs.

Kitchens: Install your kitchen cabinets and countertops.

Bathrooms: Install your sink base and top. Finish your tub surround.

Finish carpentry: Complete all door and window trim, baseboards, and any other finish carpentry needed in house

Finish mechanicals: The HVAC contractor can now put in the register covers and thermostat. The plumber can now attach faucets, set toilets, and trim the tub and shower fixtures. Electricians will now install outlets, switches, and hang light fixtures throughout the house.

Finish painting: All trim painting can be completed now.

Clean up: Remove leftover materials and clean the house and site again.

Floor: Install your flooring now that the house is clean and ready.

Landscape and decorate: Now is your chance to doll up your building.

Rent or Sell: Time to stop spending and start earning some money from your project.