Firstly folks, my huge apologies for keeping you waiting so long for part 2 of our video series. I blame me moving overseas and Naomi getting married. Nothing major! On the upside, if you didn’t catch part 1, you can now watch them both in succession!
In this episode, Naomi talks about the importance of budget and how to get the best out of your tradespeople.
“It is essential to have a plan of what you are going to do and a budget with a tightly connected timeline,” Naomi says. “But with these old houses you really have no idea what you will find until you start ripping things apart. In this video I face just that with storm water issues, floor height issues, and I even found a false ceiling that I was not expecting and walls that were so out of plumb they were 50mm out!
“All these finds mean decisions about where to shift your budget to reallocate time and funds. But it is essential to always keep in mind your end buyer and the level of the market that the property sits at. Knowing the expectations of the likely buyer means you can meet them without overspending.
“Above all, be on site and listen to your trades. Don’t leave them hanging or decisions will be made that cost money to change if you change your mind!”
If you have any questions for Naomi about this video, please comment on this post.