[BeNotAfraid] - Repair it's not scary when you know what and how. Part three.
"THE BUDGET...LIKE MANY IN THIS WORD!"
"A well prepared budget allows you to live without getting into debt...."
This is a very important part of your job to the success of the entire project.
You simply vital will be determined by their financial capacity.
To understand WHAT YOU are WILLING to SPEND the MONEY AND HOW much.
Cash topic itself is very specific part of all your future happiness, so We won't talk about specific amounts of costs on your holiday a dream come true. Is a personally your and climb into your pocket – the last thing.
One more note, before we proceed to the presentation of the material.
If the property you are planning to use as the source of his passive income for some time and don't plan to live there, your repair costs and equipment must be strictly regulated to a maximum of 30% of the purchase price.
A simple functional repair, the lack of furniture (which will only increase the chances of profitable to rent out "your charm"), the required minimum equipment in the kitchen.
And that's all. And you will be a passive financial happiness! Otherwise you will not get income in the foreseeable future, at least 5-6 years will have to wait for return on investment. It is necessary to you?
God knows how many breaks, how many nerves are spent in a circle of close people when planning the budget.
What amount? How? Where? When? That— are the main stumbling blocks in many families! Agree, and You spent the whole evening with your loved ones in a heated debate on this vital topic. So the budget makes sense, it's your decision to spend a specific amount of money for realization of your dreams.
But as they say, someone stale bread, someone and the diamonds are too small. The budget is for everybody, respectively, are different. One gets the money easily and also easily they spend it, others every penny goes to the sweat and blood, and therefore part with their finances, they very reluctantly, and others diligently saving up all my life.
In any case, the money must be used rationally.
Every house should fully respect the character of its owner, his habits and preferences.
And it is here that you can't manage without budgeting, which will help each cent to spend as efficiently as possible.
Repair is a very complex task, because it is necessary to consider many nuances to the house was really beautiful, cozy and comfortable.
Most people do not think about the exact planning of their means of getting repair, in the end construction and finishing works have been delayed due to the fact that money end up in the midst of trouble.
Even small repairs often develops into a global restructuring!
In our practical experience, this "terrible beast" consists of two global parts:
funds for design and repair work.
funds for the home furnishings, various decorative elements and accessories that complete and unique image You selected for your home and make it individual and totally unlike any other.
Of course, starting to repair, anyone wants to have an accurate spending plan, to know what amount will be spent on each stage for a certain type of work. And this desire is understandable and justified.
But... you Need to really look at things and realize that any, even the most careful planning, the costs will definitely rise.
The law if "meanness" is to blame, the position of the stars in the sky on the day of approval of the estimate, or some other unaccounted factor, but we have over 15 years of work, it is not known any case when the budget was balanced penny to penny.
Get rid of illusions!
You there is always exceeding the planned costs!
It is not necessarily associated with the growth of Your needs, what You want to afford more than you can.
The reason for exceeding the budget may well be inflation or change in foreign exchange rates. The last point is very important not to lose sight of.
Another reason that you do not fall within the planned funds, may not be exactly fair suppliers and contractors that are on websites or in promotions offer services and goods at one price, and actually sell at a price much higher than announced. Do you not know about how much market moves and above allow you to deceive buyers. Surely each of you at least once succumbed to temptation and bought the "pretty picture" from a magazine or TV, which in the end did not live up to Your expectations.
As sad as it sounds, but it's life and it happens every. The psychology of influence has not been canceled. Marketing professional who is able to sell a pig in a poke and at a cost comparable to flying into space.
Despite these nuances, planning is still necessary, and the budget must be strictly adhered to by all participants of construction works.
The budget costs of this, as the military say, your Charter in the near future.
You have to observe certain rules at work? You plan, control, analyse.
It is necessary to understand how, to whom, for what and when You will pay the money. And then you can not do without the estimates, which is the main document reflecting all anticipated costs.
Well-written estimates — this is already half of success.
If You try to do it yourself, then get ready to spend a large amount of time until you understand all the intricacies, and certainly will make mistakes.
Errors will be!
You are not well versed in the construction business, and a very vague idea of what it costs and what articles you have. You have will include and take into account all. As a result, the estimates will be incorrect and absolutely unsuitable for practical application.
More precisely so: it is absolutely not suitable for your wallet. But! It will be a very "tasty" for all who will work and fulfill your desires!
Be reasonable, let your estimate be engaged in "specially trained people", they will be able to cut costs where you would have never thought possible. They will save you your money.
In today's world technology is developing very quickly, was no exception and the construction sector.
Those techniques that were used 10 years ago is hopelessly outdated and almost out of use nowadays, they come less expensive, but, at the same time, faster and more efficient.
https://www.facebook.com/Curbed/videos/1339143819468877/
Unfortunately, often there are situations when unscrupulous companies simply "fuck with" their clients, significantly increasing the price. You can fall into the trap of fraudsters and pay roughly 1000 euro for the fact that it only costs 3 euro. For example.
There is a need for careful selection.
So whether You need large construction company pay all its employees starting from the CEO and ending with the courier who will deliver you budget?
Or You need a dynamic company, in which a minimum of administrative staff and all efforts are aimed directly at work at the facility?
Maybe you prefer to work with builders, was found in the ad or the advice of friends, and for cash?
These are the questions you will have to answer.
Special attention should be paid to issues related to commissioning of the house.
Will you do it? - To wear around the house with a wrench, tightening the current cranes and battery? Pull the hanging wire?
Or it will deal with the developing company employed by You.
Maybe it will fulfill the builders working in Your house?
All this requires a very large and very serious analysis on Your part. If You need it? Is the game worth the candle? After all, You run the risk of the most irreplaceable and most important resource — time.
Professionals should be trusted. You know it?! You're also consider themselves professional! So let everyone do their job.
Project work is one of the most important parts of the budget. And no matter how You resisted, no matter how You tried to say to myself: "I can do anything. I know all of it. No project is not necessary. Many times I have built and designed in the head of your own house, your dream. I know exactly what I want." But it's all excuses. In fact, the design is very important and rather expensive item in Your budget.
And as always, Everything is in Your hands. And don't forget that all Your mistakes are very painful blow on Your wallet.
And so we gradually came to the next stage, the scheduling algorithm of your costs.
But this next part of our story.
Continuation(introduction)
https://steemit.com/book/@olgavdovskikh/benotafraid-renovate-it-s-not-scary-when-you-know-what-and-how-introduction
To be continued.... Subscribe!