Home Improvement Mistakes to Avoid

Home improvement can be a bit of a pain, a pain in the neck and a pain in the checkbook. It typically involves long hours, patience, and a good amount of money. If this wasn’t enough, home improving your house is also often wrought with mistakes, mistakes that can cause longer hours, more patience, and even more money. For this reason, it’s important to avoid as many mistakes as you can, and improve your chances at a pleasurable home improvement experience.

Don’t Buy Cheap Materials: Inexpensive materials may seem like a great idea – why buy limber for a hundred dollars when you can get it for fifty dollars – but home improvement is one area where the mantra “you get what you pay for” holds very true. It’s easy for others – neighbors, friends, and potential home buyers – to notice when someone has tried to beat the system by applying only one layer of paint, placing new linoleum over existing tile, or using duct tape instead of a decent adhesive. Instead of buying cheap materials, splurge on expensive ones: there is no point in engaging in home improvement if it’s not actually going to improve your home.

Don’t Forget to Make a Plan: You might have the urge to dive right in, thinking that home improvement is just a long name for home improv. But, engaging in any form of home improvement without a plan is like going on road trip without directions. Avoid frustration and potential mistakes by preparing a written plan ahead of time. Make sure your plan reflects that certain things will take longer than you think, certain things must be done in order – such as sanding a deck before you can seal it – and that certain things must be given adequate time to set and dry. It’s also a good idea to include some flexibility in your plan: remember that in home improvement some things can suddenly come up, such as the floor.

Don’t Interview Just one Contractor: Contractors are like mechanics: some are honest and some are greasy. For these reasons, it’s important that you audition several contractors for the job at hand. Make sure the contractor you hire has a good reputation, a license and proof of insurance – don’t be afraid to ask for actual documentation. And, if you are having a hard time finding a contractor you trust – if every one you’ve interviewed reminds you of a politician – ask for a referral from people you know. Your friends, your family, or the butcher at your local market may all know of a great contractor. Take your time in hiring help: it’s better to be safe than scammed.

Don’t Do Things Yourself that You Can’t Do Yourself: Home improvement, for some people, is a time when pride comes out: it gives self-proclaimed handyman a chance to prove their handiness. For this reason, people often tackle jobs for which they aren’t really qualified. If you know nothing about installing a sink, don’t install one yourself: hire a plumber. If you know nothing about pre-wiring a ceiling fan, consult an electrician. If your legs shake each time you climb a ladder, have someone else fix the roof. Don’t put yourself or the quality of your home improvement at risk by being too prideful to ask for help: hire a contractor, then just tell everyone that you did it yourself.

Home improvement can surely test your patience. Everything seems a little more expensive, turns out to be a little harder to do, and takes a little longer to fix than you thought. But, in the end, you might just find that it was well worth it: your home improvement may just lead to much more home enjoyment.

How to Get the Best Return on Investment for Your Home Improvement Remodeling Projects

A home improvement remodeling project can actually make you money in the long run. Also, there are returns on your investment that have nothing to do with financial gains. The most important thing about remodeling your home is that you should have something in the end that is more valuable to you than it was in the beginning. There are several ways to improve your ROI.

1. Choose the right home improvement remodeling project.

Select a plan that will make a big difference in the value of your home. The two most profitable changes are updating your kitchen and remodeling you bathroom. These are the rooms with the most cabinetry, fixtures, and appliances.

When someone wants to buy your home, they will be impressed by a modern, beautiful kitchen. They will also pay strong attention to a well-designed and nicely-appointed bathroom. Not only will these two home improvement remodeling projects add to your home’s money value, but they will increase its intrinsic value to you as well.

2. Do not make mistakes.

If you spend extra time and money doing the job, you may end up with a huge investment in the project. Your home improvement remodeling job will only improve your situation financially if you spend less doing the project than the value you gain from the results. Sometimes extra costs can run up when you make mistakes in doing the job. You might buy the wrong supplies, break the supplies you get, or install them incorrectly.

However, hiring a home improvement remodeling company will assure that the job gets done right the first time. It may appear that you are getting the job done for less when you plan it out to do it yourself. Yet, if you have many false starts and wasted materials, you will probably profit more from using skilled remodelers in the first place.

3. Make sure you finish.

Many people start home improvement remodeling jobs only to leave them half-completed. Perhaps they do not have the spare time to do the work required. They might not make the financial commitment to getting the job finished. Maybe they just lose interest in the project.

For whatever reasons, there are large numbers of homeowners who have partially done projects making parts of their homes nearly unlivable. If you have started a project and do not see an end in sight, it is probably time to hire a home improvement remodeling company to finish it for you. They can put their full concentration on the job rather than having to think about it after work like you do. There is no shame in seeking help; the only shame is in leaving your home in chaos indefinitely.

Your home will bring more money on the market if your home improvement remodeling projects are completed, and completed meticulously. If you have the skills, ability, time and desire to plan a project, start it and keep it going through to the end, you may be able to make that return on investment a reality. If so, you can make it better, both in the increased price your home is worth and in the value you get from you home while you live there. If not, it is a good idea to think about hiring a home improvement remodeling company to help you out.

Biggest Home Improvement Mistakes For A Real Estate Investor

As a real estate investor it is sometimes a good investment move to make home improvements to any real estate properties that you purchase. There are several mistakes that commonly occur involving home improvement and real estate investing, and by knowing what these mistakes are you can save a lot of money and aggravation. Let the mistakes that other real estate investors have made be your guide on what to avoid.

The first mistake that some real estate investors make is to buy a property in a bad location or for more money than the house is worth. No matter how many home improvements you make on one of these properties it is unlikely that you will recover a decent profit or even your investment back. Always consider both of these factors before deciding to invest in the property and make home improvements.

A big mistake that many real estate investors make when they are doing home improvements is not knowing or finding out about the building codes in their area. Some investors do not obtain the necessary permits that are required by the city where the real estate investment property is located. This is one of the biggest mistakes, and it can cost you plenty if you make it. The building inspector is there to make sure that the home improvements are safe and done properly. If there is a permit required and you neglect to get one, you may be required to tear down any work that was done, get the permit, and then start from scratch.

Under budgeting for the home improvement project is another common mistake made by real estate investors. The old saying was to take the costs and triple them. That is an exaggeration but not by much. Most investors do not make a full detailed budget of what is needed for the home improvement project down to the last nail and staple. By being realistic and budgeting for all possible materials you will have a more realistic budget and are a lot less likely to go over budget. You should also plan for any unexpected eventuality that could occur and plan for it in the budget as well to avoid any unexpected and costly problems.

The single biggest mistake that real estate investors make is trying to save money on home improvement by doing projects themselves when they are not qualified. There are some projects that should have a licensed contractor or repairman on them. Many home improvement projects can safely be taken on by an amateur and turn out beautiful, but some projects like a new roof or any other extensive renovations should only be done by experts. This is because there are many safety issues involved in these projects, not just for the person doing the job but also for any tenants or owners who live in the house.

By avoiding these mistakes you can save a lot of money on your real estate investment. Know the value of the property before you purchase so you do not pay too much, and make sure that the location is decent. Make sure that your budget is realistic and that it takes into account every possible piece of material and cost. Also make sure that you factor in any possible unexpected cost or problem. The biggest mistake to avoid is to know when you should call for professional help and when you can safely do the home improvement project yourself.