Avoid these 4 Mistakes during Multi Family Housing Renovation

Published on: 26 November 2016 Last Updated on: 04 September 2024

Given the volatile nature of the economy, the demand for affordable housing has increased by leaps and bounds. Consequently, multifamily housing investors are facing stiff competition. Multifamily housing investors are not leaving a stone unturned to turn a profit from their existing or newly acquired rental properties. Many of them are undertaking occupied property renovation programs to gain a competitive edge. Renovating a rental property not only adds value to the existing property but also plays a key role in influencing renter’s willingness to rent more for the property. That being said, when investing in any construction or renovation of occupied property, it is important to come up with a plan that helps you realize seizable returns from your investment.

This blog post lists four common mistakes that multifamily housing investors/owners must avoid to make the most out of occupied property renovation program. Read on!

Going for the Cheapest Bid

Once you have decided to get your multi-family rental property renovated, the first thing you need to do is to approach several contractors and ask for their renovation quotes. Though the cheapest bid may sound enticing to many, choosing it may cost heavy on your pocket in the long run. A contractor may not be efficient in getting the job done or may cut corners and use poor quality material during the job. That being said, straight away going for an expensive bid is not a sensible decision either. To pull off a great deal, you must contact at least two to three contractors and get written estimates from each. Ensure there is no hidden cost involved in the project.

Hiring the Wrong People

Renovating a rental property is a complex process, and therefore, requires professional assistance. Before embarking on the renovation project, the professional contractor conducts due diligence to help control cost and eliminate potential obstacles down the lane. Nonetheless, as a property owner, you should not overlook the little details about the people you are hiring. There have been instances of fraudulent renovation practices in the past, which is why it is important to hire a reputable contractor and ask for their certification or record of their previous work.

Bossing Around

Though many housing contractors work in collaboration with property owners to provide customized renovation services, many property owners are in a habit of poking their nose in every step of the project. Making changes every now and then in the middle of the project can delay the renovation project, thereby stalling the rentability of the units. Always remember that you have chosen an experienced contractor with a record of successful projects in the past. It is important to let your contractor do what they think is best for your business. Having said that, it is also important to keep a check on what is being done so far and what is about to be done to complete the project.

Setting Unrealistic Budget

Budget plays an important role in the completion of your rental property renovation project. Before hiring professional multifamily, it is important to have contingent fund ready to meet unprecedented needs in the middle of the project. In projects as big as multifamily housing renovation, it is likely that you may want to spend a little extra to add value to your project. That’s when having a contingency budget in place ensures seamless renovation.

Wrapping up

A properly planned and executed multi-family housing program not only helps you gain a competitive edge, but also helps you achieve your ROI goals. Always hire a reputable contractor, known to provide quality services. Go through their work portfolio to get an idea of their previous work. Lastly, ensure that there are no hidden fees involved in the project, before you sign on the dotted line.

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Best Uses for Stainless Steel in Construction

Stainless steel is easily one of the most useful materials on earth. For several thousand years now, steel has been the standard choice for any purpose that requires extreme strength. Even though base iron may be harder, it is also more brittle and much more sensitive to oxidation (i.e. rusting). Stainless steel was a big leap forward because, for the first time, people had steel items that would not rust. Structural: Stainless steel isn't often what we think of as a material for structural supports, but it does an excellent job. If it were not for the fact that stainless steel is slightly more expensive than regular steel, it would probably be used for this purpose more often. There are many ways in which stainless steel can be used for structural purposes. Fittings from stainless steel are also very useful and reliable. For structural use, the best stainless steels to use are 304, 316, 409, 410-3, and 2205. These steels can be used for girders and other support members, as well as a rebar substitute for the reinforcement of concrete. Drainage Equipment: When it comes to rain gutters and downspouts, stainless steel is obviously your best choice. Its resistance to corrosion makes it uniquely suited for water-carrying purposes. Aluminum is a much more common material for this purpose, but it cannot even come close to matching the strength of steel. If you are adding gutters and downspouts to a large building, it is all the more important to use materials that will hold up to all of nature's abuse. Falling gutters and spouts can cause damage and injury to those below, so choose something that won't be ripped to pieces in the next large storm. Stainless steel is not only more attractive but also better-suited for this purpose. Barriers: Security is something that must be taken into account for any building project, especially if the building is located in a large city with a high crime rate. A stainless steel barrier is superior to most other choices in this regard because of its longevity, and also because it is very hard to destroy. For instance, you might want a few posts outside your building as a vehicle barrier, just to make sure that it isn't possible to ram a car through the front door. Concrete posts would work, but they will eventually crack from strain and weathering. This means you will have to pay for a new post. With thick stainless steel posts, you can be pretty sure that nothing short of a semi-truck is getting past, and that the weather will make no real difference. Roofing: Metal roofing has long been known as one of the best choices. Most homes are roofed with asphalt shingles that have an unpleasant habit of flying off in windstorms. Although they do a good job of shedding water, asphalt shingles just aren't very sturdy. They are only popular because of their low cost and high availability. Traditionally, tin has been the metal roof material of choice, but with the advancement of new and improved stainless steels, this is quickly changing. Check out this guide for the use of stainless steel in roofing, and you might be pleased with what you see. Read Also: Waterjet Vs. Laser Cutting: Which Is Worth The Hype? Maintaining Productivity: The Basics Of Industrial Safety

Supplies That Are Needed For Welding Projects

Welding is a fulfilling and challenging job, requiring expert knowledge, a steady hand, and, most importantly, the right tools. If you’re starting up a welding business or just want to make sure you’re kitted out for your at-home welding projects, you’ll need to ensure you’ve got the right supplies and tools from a store similar to weldingsuppliesfromioc.com. We’ll provide you with the essential shortlist of supplies you’ll need for your next welding project. A Welding Machine Of course, you need a welder to do any welding. A welder is, in essence, a piece of machinery that uses heat to combine two or more metal parts. There are a variety of welding machines out there that use different combination methods to get the job done. One may be preferable over another, depending on the welding project you are doing. Stick welders, MIG welders, and TIG welders are just a few examples, each with its own unique methodology. No welding machine kit is complete without a welding electrode, torch, filler material, and shielding gas. These are all essential to the function of a welder and imperative for safety while operating the equipment. Always ensure that your welding equipment is high-quality before you start projects, either for work or for a hobby. Welding is dangerous, and choosing a welder you’re unfamiliar with can be downright dangerous. Soldering Helmet The most recognizable tool of any welder, the helmet keeps your face, especially your eyes, safe while you weld. It also helps to keep your skin protected from the intense heat. Soldering without a helmet is foolhardy and incurs a much greater risk of injury, so this essential piece of equipment should always be in your workshop. Shop around to find a helmet that fits you comfortably and lets you see what you’re working on. Welding Jacket The jacket does for your body what the helmet does for your face; these are made from fire-resistant materials to protect welders from the extreme heat that a welding torch generates. The last thing you want is a piece of molten metal landing on your arm, so choose a suitably high-quality jacket to protect your skin. Protective Gloves The last of the holy trinity of heat protection, the welding gloves serve to protect your hands from injury while you work. As you weld, you’re working closely with hot metal and a dangerous welding tool, regardless of what type of welding you’re using. Heavy welding gloves, in particular, allow you to pick up hot metal objects for a few seconds without being burned, which can be helpful for beginners getting started in MIG welding. On the other hand, thinner gloves allow more precise control over welding. Precision is paramount in some types of welding—TIG welding, for example, which relies on meticulous lines to create a clean, finished look. Choose a glove that represents your experience level, but always prioritize safety. Reinforced Boots Your feet are susceptible to injury as you weld, and it’s better not to tempt fate by playing hopscotch with raining molten metal. Welding boots should be tough and durable, with thick leather and steel-reinforced toes. These will give you some staunch protection against wayward molten metal and some degree of protection against other heavy objects that could otherwise fall and crush your feet. An Apron A welding apron protects your lower body from the sparks and heat welding produces. Generally, they feature adjustable straps so that you can tighten them to your comfort. Welding aprons are made from the same material as a welding jacket, providing additional protection for the legs and underlying clothing. Magnets Next, you’ll want to put some consideration into workplace efficiency. One underutilized but valuable tool you can use is a welding magnet. These helpful magnets allow you to pin components in place, rotate them, and secure your workpiece. You can get different welding magnets for different sizes of projects, but the bottom line is that it allows you a much easier time working with hot metal confidently and efficiently. Welding Cart Another essential item for welding projects is a cart. Just as with any project that requires heavy and cumbersome equipment, welding tends to require lots of clothing, tools, and components. A welding cart offers a lightweight solution to this problem, giving you space to store your welder and welding accessories regardless of where you work. If you’re on the go with your welding projects, then this is definitely an item you’ll want to invest in for your long-term success. Workstation Table Every welder needs a surface to work on, and, as you might guess, not just any table will do. A welding table is a customized workbench made from metal or other heat-resistant materials. These tables feature built-in holes that you can use to clamp down a workpiece and hold metal parts in place while you are in the process of welding. Chipping Hammer A chipping hammer is a specialty tool welders use to remove impurities from the surface of the welded metal, often called slag. The hammer contains a sharp, chisel-like tip that can knock off slag from the surface of a workpiece. Angle Grinder An angle grinder is a tool for preparing the metal surface for welding using abrasive force. The rotating disc smooths the surface, removing imperfections that may contaminate the workpiece and giving the welder a clean surface to work on. Wire Brush A wire brush also helps clean the surface of the metal before welding. They come in different shapes and sizes depending on the size of your workpiece, some with long handles for access to crevices and others with shorter handles for easier control. The bristles need to be abrasive to clean the surface of the metal effectively. The Bottom Line Every welder needs these essential tools before they start working. Some of these supplies are necessary to begin welding in the first place, while others are important for human safety or for work efficiency. Kit yourself out with these essentials, and you’ll be all set to tackle beginner welding projects immediately. Read Also: Welding As A Career Choice Is Metal Fabrications A Good Career Path In 2021? Simple Ways To Automate Your Small Business Processes

7 Ways to Clean Blocked Drains in Your Home

The drains in your home really do take a lot of abuse. Not only are things sometimes accidentally flushed down toilets and drains, but they also naturally collect all of the dust, hair, and whatever else is in the air. Over time, your pipes are bound to get clogged at some point.Clean Blocked Drains cxan make things work for you in all the aspects. Of course, a plumber can clear out a clog in a snap. But, here are seven things that you can try on your own first without using harsh chemicals which could harm your pipes. 7 Ways to Clean Blocked Drains in Your Home: 1. Find the clog: It might not be that deep. In a toilet, it's generally somewhere in the base. And, in sinks, it's often in the trap underneath it where hair and other debris will settle. There are a few different tools that you can use to attack the clog from the outside of the drain. Trap cleaner: You can find one at your local hardware store. It's usually made of plastic and is about the length of your arm. It has ridges along the sides and is designed to fit inside of your drain. You can use it to fish out anything that might be clogging the trap. Drain snake: It's the same idea as the trap cleaner, only it's longer and has a hose that rolls up, so it can get to clogs that may be deeper inside of the drains. Wire coat hanger: In a pinch? Just grab a wire coat hanger, unwind it, fashion it into a long hook, and use it to clear the trap. 2. Use a plunger: It's a basic home necessity for toilets. And, it can also be used for sinks. All you need is a solid suction and you may get the same results on a sink drain that you would with a toilet. In a sink, it might help to have a little standing water while you are plunging. 3. Dish Detergent: You can use it in toilets and sink drains. Pour it straight down the drain or into the toilet, about a quarter of a cup. The detergent will settle on the clog, and start to break it down. Let it sit for a few hours, run some hot water, and try plunging. The soap is sometimes strong enough to break up the clog. 4. Boiling Water: This would be more effective for a sink drain. Pouring boiling water directly down the drain could break up the clog. You could add boiling water, wait a few minutes, try plunging, and repeat the process a couple of times, if necessary. Just make sure the water isn't still boiling while you are plunging to protect yourself from any scalding. 5. Use a wet/dry vac: Wet/dry vacs are great for many purposes, including clearing clogs in your drain. If the clog isn't too deep, you can use it to either pull the clog out or push it down the drain. It's a good idea to try to pull it out first to remove the clog from your plumbing system. But, sometimes pushing it will also clear the clog and allow it to drain. 6. Clean the trap: If you are dealing with a clogged sink, you can usually access the trap underneath the drain. Most likely, that's where the clog will be. If you're handy with home repairs, here's a quick how-to. You'll need a plumber's wrench. Have a bucket underneath to catch the water. Unscrew the fittings on the top and bottom of the trap. Remove the trap and clean it out. An old toothbrush is perfect. Clean out the surrounding pipes. Put it back together. A plumbing company such as Red Dog knows all about unblocking drains so if you are not confident taking apart the pipes in the drain, it may be worth hiring a professional. 7. DIY Clog-removing Recipes: You may actually have a few things in your pantry that can be used to clear up clogged drains. Here a few different ideas that you can try before calling a plumber. Mix salt and baking soda: Combine equal parts of salt and baking soda, maybe a half-cup of each. Pour it directly into the clogged drain, and let it sit for a few minutes. The salt and baking soda will settle on the clog and start to eat away at parts of it. Then, pour boiling water down the drain. If there is standing water in the sink, you can also include plunging the drain in the process to get things moving around. Combine baking soda and vinegar: Mix together equal parts of white vinegar and baking soda, maybe a half-cup of each. Stand over the sink when you mix them. The reaction of the two substances will result in an almost immediate fizz. Pour everything down the drain. This one is best to let sit for a few hours or overnight. Afterward, try rinsing the drain with hot water. Sodium Hydroxide: More commonly known as caustic soda, you can find it at your local hardware store if you don't already have it on hand. You will mix 3 cups of soda with about a gallon of water. The mixture will get warmer and begin to fizz. Pour all of it directly into the drain. Wait for a half-hour or so, and pour boiling water down the drain. If it seems a little better, but still draining slowly, you can repeat the process. Unfortunately, some clogs are either too deep or too intense for any of these home remedies. If you've tried everything, and you just can't seem to get that clog cleared on your own, give Brisbane Drain Cleaning by Conrad Martens a call today. Our team of dedicated service professionals will quickly assess your individual circumstances and easily get your drains cleared. Let us show you have we've built our reputation of providing dependable service focused on quality of workmanship to the entire Brisbane area since 1982. Read Also: 8 Plumbing Myths Busted 3 Reasons Why Business Organizations Need To Get The Drains Cleaned Regularly

Avoid these 4 Mistakes during Multi Family Housing Renovation

Going for the Cheapest Bid

Hiring the Wrong People

Bossing Around

Setting Unrealistic Budget

Wrapping up

Home Decor is an Art Itself – Things To Know

Close Look at Top 5 Roofing Materials – Pros and Cons

Content Rally

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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Best Uses for Stainless Steel in Construction

Supplies That Are Needed For Welding Projects

7 Ways to Clean Blocked Drains in Your Home

Avoid these 4 Mistakes during Multi Family Housing Renovation

Going for the Cheapest Bid

Hiring the Wrong People

Bossing Around

Setting Unrealistic Budget

Wrapping up

Share this Article

Home Decor is an Art Itself – Things To Know

Close Look at Top 5 Roofing Materials – Pros and Cons

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

Popular

Follow Us

Recent

Related