BiggerPockets Real Estate Podcast

Home Renovation Q&A: Permits, Building a Scope of Work, & Managing Renovations

19 snips
Apr 11, 2025
This discussion dives into the challenges of home renovations, focusing on unpermitted work and how to manage it effectively. Learn the vital steps to build a robust scope of work and the importance of obtaining permits. There’s valuable insight on how to handle renovations remotely, especially for first-time investors tackling house hacking. Explore techniques for conducting thorough property assessments and maximizing rental income through strategic renovations. This episode is packed with practical tips for successful real estate investing.
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ADVICE

Consult Code Enforcement

  • Consult the local code enforcement officer before buying a property with unpermitted work.
  • This helps understand the process and potential costs of bringing the property up to code.
ADVICE

Contingency for Unpermitted Work

  • Include a contingency in your offer for properties with unpermitted work.
  • This allows you to back out if permitting costs exceed your budget or uncover major issues.
ANECDOTE

Unpermitted Triplex

  • Ashley Kehr encountered a property listed as a triplex but legally permitted as a duplex.
  • Tenants falsely claimed shared occupancy to maintain the unpermitted unit, creating legal and financial risks.
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