So we’ve all watched the TV programmes – Property Ladder etc. We sit and think we could do better than that, surely it’s so easy! Easy to pass judgement when it’s not you doing it and not your money involved.

There is certainly a lot of skill involved in doing a renovation project. One of the main things that you need to do is TO PLAN. Good organisation skills are essential when doing something like this.

You need to decide on your exit strategy up front. Are you going to buy and hold and let the property out or are you going to refurbish the property then try to sell it – flipping. Having more than one exit strategy will reduce your risk. “Begin with the end in mind” Stephen Covey

Make sure you do you research:

  • Research the area – so that you can really target the sort of people who will want to live there, keep your target market in mind when you start to develop your plans.
  • Find a suitable property.

Remember don’t get personal; don’t be tempted to buy things just because you would like them. Don’t spend lots of money on the latest gadgets or technology. This is not going to be your home; you are in this to make a profit!

We have some great eBooks that will help you with a refurbishment project.

Tradesman Insurance Explained

Whether you are a seasoned tradesman or just breaking into the business, insurance is one of the first things that you need to take care of to ensure that your business is protected at the appropriate level. By taking out tradesman insurance, you can protect the various aspects of your business, including your ongoing work, equipment, as well as compensation costs that may follow a legal claim against you.What is Tradesman Insurance?Tradesman insurance it is available for builders and any other types of tradesman, and it can pay to repair or redo the work that in progress is its managed by an event such as flood, fire, or vandalism. You need to know from the start that different kinds of businesses require different kinds of insurance. Many insurers offer to combine various policies that you may need into a package, which they may advertise as tradesman insurance. Depending on your...
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Plumbing and Building Considerations for People Wanting to Renovate

In many ways, there has never been a better time to invest in improving your property.This is thanks largely to an increasingly robust property market in the UK, with house prices set to increase by an impressive 7% next year, despite the sustained uncertainty surrounding Brexit and stagnant real wage growth. This growth is particularly prominent in vibrant regional cities such as Birmingham and Manchester, and if you live in these areas you may well be keen on improving your property with a view to adding value.There are certain plumbing and building considerations that you need to pay attention to when renovating your home, however, including the following: 1. Single-storey Extensions Nearly Always Require Planning Permission One of the most popular home-improvement projects involves an extension, which can cost up to £19,500 while delivering an estimated ROI of 71%. You need to know that while single-storey extensions of three metres...
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Tiles of the Time: balancing style with functionality

For some, outfitting a new house or apartment is about gadgets and functionality, but for many of us, it comes down to décor and tile design.From those seeking the minimalist modernity of Apollo and Loft, to the buyer looking to capture past antiquity with a roman-style mosaic, many of us fall somewhere along this spectrum.But for those of us drawn towards the more striking and traditional tiles for our homes and hallways, forgoing modern technology and underfloor heating installations has often been the compromise we have been expected to make.However, some companies recognise the importance of integrating different tile plans from one room of the house to the other, Tons of Tiles has also come to address this long-faced dilemma by ensuring that your underfloor heating and tiles of choice work together with ease.As underfloor heating also provides the added benefit of forgoing the need for radiators in what can be...
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Easy DIY/Maintenance Tips to Save You Money in the Long Run

  Running a home can be an expensive task, but there are things you can do make it a little more affordable. Did you know for example, there’s a few great DIY and maintenance jobs you can do to save you money in the long-term?Here, we’ll look at some easy DIY and maintenance tips that are guaranteed to help save you money.Repair the seals around the homeYou may be surprised by the number of seals found throughout the home which could be gradually draining your budget. Damaged window seals for example, can let out a substantial amount of heat, causing you to use more heating in the winter months. The seals in your refrigerator could also end up damaged over time, causing warm air to seep through. If this happens, the refrigerator will need to work much harder to keep the food cooler, in turn using more electricity.    Fixing the...
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Wood - More Than A Floor!

There’s a lot to be said for wood flooring, especially when it comes to appearance. But have you ever considered what the practicalities of it are? Well sit back and relax while we tell you just a few of them; Durability. When it comes to flooring solid wood is one of the most durable options available; fact. The lifespan of solid wood is one of the longest in any flooring material, not only this but it also has the ability to be sanded and refinished more than once. This means that should anything unfortunate occur with your floor you can have peace of mind in knowing that it can be rectified easily and probably look fresher than it did before. In a nutshell, you’ll often find that most wooden floors last an actual lifetime, as long as they are looked after properly of course! Easy to clean. One of the...
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