7 Stages to a Real Estate Rehab: Step 5 – Get the Permits
October 7, 2020
Finding the right contractor is an essential part of the rehab process, but the prep work doesn’t stop there. After selecting who you want to work with, you need to obtain the necessary permits for the project at hand. The exact number of permits will depend on the scale of your project and specific locality; however, the basic permits required for a project will be similar no matter where you are. For example, permits are generally necessary for altering load-bearing walls, working on or modifying public utility lines, re-roofing the property, adding windows and doors, or even putting a dumpster near the property for easy material disposal.
Permitting is a crucial part of getting started, and should not be overlooked. The penalties for ignoring local authorities could be fines or even liens added to the property, both of which will undermine your potential profits on the deal. In some cases, investors could even be required to undo certain renovations that have been completed. Always make sure to review local regulations with your contractor and prepare to start your rehab.
Lava Integrity Group, LLC is a San Francisco East Bay Area residential redevelopment company. We focus primarily in Oakland, CA and Concord, CA. Our team is highly motivated, knowledgeable, ethical, and resourceful. Qualified to handle any real estate transaction, our dedicated staff is committed to helping people with their real estate needs and making successful deals happen. Our team of professionals has the integrity to follow up on our promises, and the expertise to navigate any transaction to ensure you’re fully informed for making the best decision possible.
When we work directly with a home seller, what we provide can not only make for a smooth transaction, but it can also add up to thousands upon thousands of dollars in savings as compared to selling a home through traditional means. With the ability to directly purchase homes and make cash offers, we can create extremely fast and hassle-free transactions.
There are many creative ways to help you out of any situation. We pride ourselves on our reputation for working one-on-one with each customer to handle each individual situation; and it’s our goal to make each client feel like we achieved a WIN-WIN scenario.
We’d love to learn about your situation and see how we can help. Call (510) 900-4090 or email ([email protected]) us to get a no-obligation offer on your home!
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— see article here: https://www.fortunebuilders.com/real-estate-rehab/