Contractor checklist, for buying a fixer upper. Then fully gut the property, then refurbish it and furnish it to high standards to rent on AirBnB
Property Assessment
- Inspect the property from top to bottom, inside and out, checking for any signs of damage, wear, or potential issues.
- Take note of any repairs that will need to be made, such as plumbing leaks, electrical issues, or structural damage.
- Assess the condition of the property's foundation, walls, and roof to ensure they are structurally sound.
- Inspect the plumbing system for any leaks, clogs, or outdated components.
- Check the electrical system for any outdated wiring or potential safety hazards.
- Evaluate the HVAC system to determine if it is in good working condition or if repairs or replacements are needed.
- Examine the walls for any cracks, water damage, or signs of mold or mildew.
- Inspect the floors for any damage, unevenness, or deterioration.
- Check the windows for any broken or inefficient seals, as well as any signs of rot or damage.
- Evaluate the roof for any leaks, missing shingles, or other signs of damage.
- Determine which areas of the property will need to be completely gutted and demolished.
- Identify any materials or fixtures that can be salvaged or reused in the renovation process.
- Measure the dimensions of each room in the property to accurately plan for renovations and furnishings.
- Identify any potential changes to the floor plan, such as removing walls or adding additional rooms.
- Conduct tests for asbestos and lead-based paint to ensure the safety of the property.
- If hazardous materials are present, develop a plan for their safe removal and disposal.
- Research the property's history to uncover any past issues or legal disputes.
- Check local zoning regulations to ensure the property can be used for the desired purpose.
- Inspect the property for any signs of infestation, such as droppings, nests, or damage to wood or wiring.
- If pests are found, develop a plan for their eradication and prevention.
- Research the local building codes and permits required for the planned renovations.
- Ensure compliance with all regulations and obtain the necessary permits before starting any work.
Planning and Budgeting
- Determine the maximum amount you are willing to spend on the project
- Research and gather information on the average costs of purchasing, refurbishing, and furnishing properties similar to the one you are planning to buy
- Consider additional expenses such as permits, inspections, and unexpected repairs
- Assess the condition of the property and identify necessary renovations
- Create a list of desired amenities and design concepts for the property
- Consult with an architect or interior designer if needed
- Research and gather a list of contractors specializing in property renovations
- Contact multiple contractors and provide them with detailed information about the project
- Request quotes from each contractor for each phase of the project
- Evaluate the urgency of each renovation based on safety concerns or functional needs
- Consider the cost of each renovation and determine if it aligns with your budget
- Research and analyze potential return on investment for each renovation
- Contact the local building department or relevant authorities to obtain information on building codes and regulations
- Review the specific requirements for property renovations in your area
- Ensure your renovation plans comply with all applicable codes and regulations
- Break down the project into phases such as purchasing, refurbishing, and furnishing
- Estimate the time required for each phase based on the scope of work
- Set realistic deadlines for each phase of the project
- Research and identify any tax incentives or credits available for property renovations in your area
- Consult with a tax professional to ensure you take advantage of all eligible incentives
- Keep accurate records of expenses and receipts for tax purposes
- Research and familiarize yourself with local rental laws and regulations
- Identify if any permits or licenses are required for renting the property on AirBnB
- Complete the necessary application process to obtain the required permits
- Research and gather information on rental rates for similar properties in the area
- Consider factors such as location, amenities, and market demand
- Estimate the monthly rental income and deduct potential expenses such as maintenance, utilities, and property management fees
- Contact insurance providers and request quotes for property insurance coverage
- Provide accurate information about the property's condition, location, and intended use
- Consider additional coverage options such as liability insurance
Gutting the Property
- Contact the local building department to obtain the necessary permits for gutting the property.
- Review local building codes and regulations to ensure compliance with the demolition and construction process.
- Contact the utility companies to disconnect water, gas, and electricity services to the property.
- Secure the site by installing temporary fencing or barriers to prevent unauthorized access.
- Identify and mark all non-load-bearing walls, fixtures, and flooring for removal.
- Use appropriate tools and equipment to carefully dismantle and remove these elements from the property.
- Arrange for a dumpster or waste removal service to properly dispose of the demolition debris.
- Separate and salvage any reusable materials, such as doors, windows, or fixtures, for future use or resale.
- Capture clear and detailed photographs of the property's interior and exterior before starting the demolition.
- Continue taking photographs during the demolition process to document any unexpected damage or issues.
- Thoroughly inspect the property's structure, paying close attention to areas affected by the demolition.
- Identify any structural damage and consult with a professional contractor or engineer to determine the necessary repairs or rebuilding.
- Hire certified professionals to assess and safely remove any hazardous materials, such as asbestos, lead paint, or mold.
- Follow proper procedures and regulations for the disposal of these materials to ensure safety and compliance.
- Conduct a comprehensive inspection of the property's plumbing and wiring systems.
- Address any outdated or damaged components by repairing or replacing them to meet current standards and codes.
Refurbishment
- Hire a qualified contractor to assess and repair any structural issues.
- Replace any damaged or compromised beams, columns, or foundations.
- Hire licensed professionals to update plumbing, electrical, and HVAC systems.
- Replace outdated pipes, wiring, and equipment with modern, efficient options.
- Install insulation in walls, ceilings, and floors for energy efficiency.
- Hang drywall and apply joint compound to create smooth walls and ceilings.
- Install flooring, such as hardwood, tile, or carpet, depending on the desired style.
- Prepare surfaces by cleaning, patching, and priming as necessary.
- Apply paint to walls and ceilings using rollers or brushes, ensuring even coverage.
- Remove old doors, windows, and fixtures.
- Install new doors, windows, and fixtures that match the desired style.
- Replace outdated appliances with energy-efficient models.
- Install new cabinets, countertops, sinks, and faucets for a modern look.
- Replace traditional light bulbs with LED bulbs for energy efficiency.
- Install programmable thermostats to regulate heating and cooling usage.
- Install various types of lighting, including overhead lights, sconces, and lamps.
- Place rugs and other decorative items to enhance the overall aesthetic.
- Design and construct decks, patios, and walkways using durable materials.
- Ensure proper drainage and stability for long-lasting outdoor hardscaping.
- Plant trees, shrubs, and flowers to create an attractive and welcoming exterior.
- Consider incorporating features such as a garden or water feature for added appeal.
- Install motion sensors at entry points and in key areas for added security.
- Place smoke detectors throughout the property to ensure safety.
Furnishing to High Standards
- Choose a specific theme or style that will appeal to the target market.
- Consider the overall atmosphere and ambiance you want to create.
- Research popular interior design trends and incorporate them into your plan.
- Decide on a color palette that complements the theme and creates a cohesive look.
- Select furniture and decor pieces that align with the chosen aesthetic.
- Ensure the furnishings are comfortable, functional, and durable.
- Create a mood board or visual representation to guide your purchasing decisions.
- Consider hiring an interior designer for professional input and guidance.
- Keep in mind the preferences and needs of potential Airbnb guests.
- Remember to balance style with practicality for easy maintenance and cleaning.
- Invest in sleek, contemporary furniture with minimalist designs.
- Choose decor pieces that add pops of color and interest to the space.
- Opt for energy-efficient appliances that are both stylish and functional.
- Install hardwood or luxury vinyl plank flooring for a polished look.
- Select modern lighting fixtures that provide ample light and complement the overall aesthetic.
- Choose window treatments that offer privacy while still allowing natural light to filter in.
- Install a smart lock system for keyless entry and enhanced security.
- Include smart thermostats to allow guests to easily control the temperature.
- Consider installing smart speakers or voice-controlled assistants for added convenience.
- Invest in high-quality mattresses and pillows for a comfortable sleep experience.
- Provide soft and luxurious linens, including sheets, towels, and bathrobes.
- Include amenities such as toiletries, coffee makers, and Wi-Fi for added convenience.
- Utilize storage solutions such as built-in shelving and under-bed storage.
- Opt for multifunctional furniture that offers storage options, such as ottomans with hidden compartments.
- Use closet organizers and space-saving hangers to maximize storage space.
- Add potted plants or fresh flowers to bring life and freshness to the space.
- Hang artwork or framed prints that complement the chosen aesthetic.
- Include decorative items such as throw pillows, rugs, and vases to add visual interest.
- Strategically place mirrors to reflect natural light and create the illusion of space.
- Hang artwork or mirrors as focal points to enhance the overall decor.
- Consider oversized mirrors to make the space appear larger and brighter.
- Choose furniture that is resistant to moisture and humidity in coastal areas.
- Opt for UV-resistant outdoor furniture for properties in sunny climates.
- Consider climate control options, such as ceiling fans or portable heaters, based on the region's weather.
- Select furniture made of durable materials such as leather or stain-resistant fabrics.
- Choose decor items that are easy to clean and maintain, such as washable curtains or wipeable surfaces.
- Consider furniture and decor with replaceable components to extend their lifespan.
- Check that furniture meets safety regulations, such as stability and fire resistance.
- Ensure that window treatments have cordless or child-safe mechanisms.
- Verify that electrical fixtures and appliances are properly installed and meet safety standards.
- Include outdoor seating and dining sets for guests to enjoy outdoor spaces.
- Choose weather-resistant materials for outdoor furniture, such as aluminum or teak.
- Opt for versatile decor items that can be easily moved between indoor and outdoor areas.
- Select furniture with neutral designs and colors that appeal to a wide range of guests.
- Avoid overly gender-specific or age-specific decor choices.
- Ensure that furniture and decor accommodates different body types and mobility needs.
- Research local building codes and regulations regarding furniture and decor.
- Ensure that all furniture and decor meets fire safety standards.
- Verify that any electrical or plumbing modifications are done by licensed professionals.
Final Touches and AirBnB Preparation
- Clean all windows inside and out
- Sweep and mop all floors
- Wipe down all surfaces and countertops
- Install smoke detectors in each bedroom and common areas
- Place fire extinguishers on each floor of the property
- Research local regulations for short-term rentals
- Obtain any necessary permits or licenses
- Stage each room to showcase its potential
- Use proper lighting and angles to capture the best features of each space
- Highlight any recent renovations or upgrades
- Describe the property's location and nearby attractions
- Create a detailed check-in guide with clear instructions
- Establish rules for guests' behavior and expectations during their stay
Use in Manifestly