Plumbing
If the plumbing problems can’t be fixed with a plunger, it’s best to call your local plumber. Attempting to remedy pipe or sewer line issues yourself may result in even more damage to the plumbing system. It’s not a bad idea to hire a plumber to perform a sewer line inspection before you invest in a property. By utilizing a high-resolution camera, the plumber can see the inner workings of a home’s plumbing system and will be able to warn you of any blockages, broken pipes, or invasive tree roots that could cost thousands to repair.
Refinishing Hardwood Floors
Hardwood floors are a hot commodity for home buyers. Some 87 percent of house hunters say they desire hardwood floors in a home. For the real estate investor who discovers a property with the longed-for flooring, the sale price may just take a leap forward. It’s important that the hardwood is refinished properly to restore the flooring to its original beauty. Hire a professional floor refinishing service company. Special precautions may need to be taken, especially if the hardwood has been covered by carpet or laminate. In addition, the dust that forms from the sanding may be hazardous. Hire a pro to bring the hardwood floors to life.
Roof Repairs
Not only does working on a roof come with the inherent danger of falling, but the job also puts the home’s integrity at risk if not done correctly. Attempting a “patch job” or quick fix yourself could lead to damaging roof leaks that will cost much more to repair than simply hiring a roofing contractor to handle the job in the first place. The average cost for a minor roof repair is only $200 to $300. Don’t jeopardize other areas of the property in attempts to save a minimal amount.
Some investors love the part of the career that allows them to get involved and transform a property, but there is extreme value in understanding your limits. For your own safety and the protection of the property, turn to the professionals when you need to make these four investment property upgrades.
