For most of us, buying a home is already an exhausting task, and this is nothing to renovating an old one. From technical difficulties to financial burdens, flipping homes is as difficult as it is satisfying. Adding to the charm of these builds are its history, character, and location. That is why many buyers are drawn to properties where they can create an expansive kitchen and a large bathroom as a modern standard for luxurious living. However, trying to turn a property from a mediocre one into a fabulous home on a budget can be stressful. Here are four tips for lessening the burden of flipping houses.
Wait for the Bargains
The first thing to look out for any property is to select ones with good bones and features. Having the structural integrity checked by a professional is a good start. The next thing to look out for are the built-ins, such as fireplaces, cabinetry, and countertops. But you should also look out for poorly built walls or countertops made with cheap tiles and bad waterproofing as these are some of the key details that can make or break your investment. Know the difference between a home that is a lemon and one that is a bargain, and be patient enough to wait for the bargain.
To DIY or Not to DIY
The charm of DIY is both attractive and perilous. Some projects can be done easily and you can save some valuable money whereas other tasks are better left to professionals. Although you may think it would be simple to refinish countertops, to add tiles, or to fix plumbing issues, these are areas that are typically best reserved for professionals who have been trained to handle them. Tile and water damage are some of the fastest ways to see your money go down the drain. Hiring a professional early on can save your cash and whisk your stress away.
Organize Your Tools for DIY Projects
The key to any successful project is preparation, and that is why an organized tool box is important. It’s a good idea to allocate a tool box for your gear based on their functions, sizes, and frequency of use, so you can easily access them and reduce your stress. Once your tools are sorted into their respective tool boxes, it may be worth your time to create foam organizers to hold those tools in place. When things are put in the right place and you can locate them easily, you will lower your stress during the DIY project.
Look Out for Free Stuff
Another thing to look out for are items that you can reuse to save some money. Especially in historical homes, be on the lookout for items such as marble countertops, vintage ironmongery, or classic tubs. These items are usually undervalued but can provide an interesting contrast to your home as well as an investment piece to cherish for years to come.
Flipping a house can be a large undertaking, but it doesn’t have to be completely stressful. Consider these tips to make your project easier on your wallet and your health. Don’t forget to contact Miraculous Makeovers for your bathroom and kitchen refinishing!
