The goal with every rehab is completing it as quickly as possible while keeping it on budget without compromising quality. Each project is different depending on the scope and magnitude of the project but with each project, you need a timeline for the order of completing each aspect of the rehab. Careful planning is required to avoid overlapping contractors or doing work out of sequence causing more work later on. For example, if you paint the interior too soon, you’ll be painting the house all over again (this has happened many times!). The goal is having as much work going at the same time that won’t negatively impact other work.
For illustration purposes, let’s assume you’re doing a project that needs a full rehab from a reputed rehab near me. Here is an example timeline:
Phase 1: All of the following items are the first things to do and can be done at the same time independent of each other.
Phase 2: Once Phase 1 items are complete, you move on to Phase 2:
This is just an example. With each project, constantly ask yourself, “What else can be going on right now?” Building a timeline upfront involves planning the sequence of work and then scheduling the contractors. This means that you need to be very organized with your contractors. It means you need to constantly think ahead to what’s going to be next.
What rehabbing tips can you offer? Please leave your comments.
Author bio: Brian Kline has been investing in real estate for more than 35 years and writing about real estate investing for 12 years. He also draws upon 30 plus years of business experience including 12 years as a manager at Boeing Aircraft Company. Brian currently lives at Lake Cushman, Washington. A vacation destination, a few short miles from a national forest. With the Pacific Ocean a couple of miles in the opposite direction.