Are you looking to renovate your property? You may have purchased a ‘fixer-upper’ to rent out, but you’re unsure how to approach the refurbishment process. You could be considering taking on the project yourself, which may save you a significant amount in expenses, although, with some jobs, this could be risky dependent on your skill set.
To help you decide on the best approach for tackling your investment project, read the following advice to decide whether you should get professional assistance or take the DIY route.
When to call in the professionals
Unless you have renovated a home before or have the skills to do so, your best bet is to hire people who know exactly what they are doing. This will ensure that the job is done properly, and you will not face any problems which you may not be able to afford. There are several jobs that you should definitely outsource, such as:
If your property requires a lot of work, then it is advisable to seek assistance, especially if it involves making any adjustments to the structure of the property. For this type of job, you will need to call in a contractor or in some cases you may even need a structural engineer, dependent on the problem you are facing. Structural renovation can be costly, so make sure you weigh up your finances to help you understand if these changes are affordable.
Such jobs, like electrical and plumbing work, will definitely require a professional’s help, especially when dealing with kitchens. This is because this room, in particular, is more prone to damage. For example, if electrical appliances are not fitted correctly, this could increase the risk of a fire. Property investment companies like RW Invest lead by example with their developments, where they have hired professional contractors to fit out their luxury kitchens to ensure landlords and tenants are protected at all times.
When to DIY
When it comes to DIY renovation, it is important to consider your individual capabilities. However, even if you have never picked up a paintbrush, there are several jobs that any adult is capable of completing, including:
General contractor duties
Anyone who has previous experience in refurbishments should utilise their skills and save costs by assigning themselves or family members as the general contractor. This means that they provide the materials and perform the foundational work and then delegate the more difficult jobs to professional subcontractors. However, before hiring anyone, you should ask around for recommendations to ensure you find the best people for the job for an affordable price.
When it comes to redecorating, this is a job you can definitely do yourself. This could include anything from plastering and painting to pulling up floorboards and other light demolition. You can do these types of jobs by yourself or seek help from your family or friends, which will ensure the job is completed quickly and efficiently. With redecorating you don’t have to worry if you make a mistake, as you can always call in a professional if you make a mistake and they can easily correct it.