Rehabbing Schedule for Maximum Profit

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by Derek Carter

Rehabbing Schedule

When you buy a house to rehab you need to have a plan of attack. You will not be able to get the rehab project done fast instead of just winging it. With the type of money you have at stake to do the rehab you better make sure you have a detailed plan. Lets help you put together your rehab plan of attack.

1st Week

Day 1 – Get the water, electric and heat turned on as soon as possible. You may want to get everything lined up to have on in the house before you buy it. The contractors will be limited with what they can do if you do not have the utilities on.

Contractors - Meet contractors at the house if you have not already done this and go over exactly what they are doing.

Demolition - This is a great day to do demolition so if you are need to tear out cabinets, walls, etc. it is the best time to get the house cleaned out.

Day 2 thru 6 – Make sure you get the utilities on as soon as possible. Get the demolition done or finished up so you can start putting in the new materials.

Coordinate plumbing, electrical, roofing, windows, siding and HVAC while the walls are torn out if you are putting in new drywall. Think of the house as a skeleton and you need to start with the insides of the structure and work your way out. All foundational issues get taken care of in the first week.

As soon as you get all the internal wall material in such as wiring and plumbing you will need to get all drywall installed or repaired.

2nd Week

Landscaping – This should be done quickly so the outside looks good for people driving by looking for property to buy.
Roof - Make sure the roof is done before doing drywall or the ceilings.
Mechanicals - You will need to get all the drywall and mechanicals finished up.
Flooring Kitchen and Bath - Once that is done you can work on putting in the kitchen and bathroom flooring especially if using tile.
Bathroom - I would also get the bathtub, sinks and toilet installed after the flooring is complete.

3rd Week

Painting - You will need to get the painting done as soon as the drywall repairs or new drywall is taped and is finished being sanded. Get all the general contracting done such as doors, doorknobs, light fixtures, blinds put up, finishing touches on bathroom and kitchen.

You also want to make sure the outside painting or siding work is finishing up. Get the outside landscaping finished up for showing. Get your marketing ready to go out to sell the house. If you are using a realtor get the paperwork filled out to list the property on the MLS.

End of 3rd week you should be close to completing everything that needed rehab. Get the appliances and carpet in at the end of the rehab. The carpet has to be the last thing that goes in you do not want contractors ruining the carpet.

This is a good time to finish up any small jobs and start cleaning the house to prepare for showings. Make sure you clean thoroughly or hire a company to do it you want the house to show at it's best. Lay plastic walk ways down so the carpet doesn't get tracked up and be sure that the tubs and toilets have been thoroughly cleaned. Have the lawn mowed once a week until the property sells remember this is the first thing they will see when they pull up, curb appeal is very important.

I have been investing for 11 years and want to help people learn how to create extra income and residual income using real estate. We also show people how to buy homes at huge discounts this is especially good for 1st time homebuyers. To learn more visit us at http://www.CollegeOfREI.com

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