How To Increase Your Profit Per Deal {Free Rehab Checklist}

Below is the standard checklist that we use to make sure we have properly evaluated the scope of work in a new renovation/rehab flip project.

A quick walkthrough with this list in hand can save you a lot of time and headaches!

Here’s the Checklist:

1. All properties need to have curb appeal
2. Yards clean and any fences kept, fixed, and painted as needed
3. Two tone paint scheme on exterior usually an earth tone base color with white trim
4. All houses must have mailboxes
5. All houses must have visible address numbers
6. Roof must have life left or replaced, we do not put another layer of shingles on, always tear off
7. All roof underlay must be solid
8. Window must be functional and in good shape or replaced and MUST HAVE SCREENS
9. If we are pulling a general building permit and changing out windows, make sure all bedroom windows are changed to meet egress standards
10. Flooring all wet areas such as kitchens, laundry, mud room, bathroom and in many cases dinette should be ceramic tile
11. Carpeting must be FHA quality minimum
12. Electrical – All houses must be wired to code and upgraded to handle the loads including: Meter box, hardwired smoke detectors and in most cases eliminate gas and make house 100% electric, especially the hot water heater
13. Where at all possible, find an area to have laundry facility in house
14. As a rule, ceiling fans in all bedrooms and living areas
15. Interior paint, as a rule, should have walls painted in sand 3 (or equivalent). All trim, kitchens, and baths should be painted in semi or high gloss while and ceiling in a flat white.
16. All homes must have good functioning central HVAC system (Condensers caged) and where possible, air handlers placed in attics
17. All houses need to maximize space to provide for as many bedrooms and bathrooms as is prudent
18. All plumbing needs to be in good working order
19. Bathrooms need to be NICE. We would much rather have tile around the tub than a surround. If the bathroom has only a small window, or no window, the HVAC Company will need to install a Johnny Fan. Baths need to have towel bars, soap dish, and toilet paper dispenser
20. Kitchens need to be NICE, cupboards need to be in good shape or replaced and do not skimp on number of cabinets. Please install a self venting hood fan above stove, if possible, and install a two compartment sink.
21. Make sure that the realtor gets a pest inspection on the property and is treated if needed
22. Make sure when we close on properties they are secured as quickly as possible and stay secured during the rehab process
23. Where it is possible, all egress doors should be made to swing outward and all exterior doors need to be keyed alike and have deadbolts
24. Interior doors must have functioning hardware
25. All Light bulbs should be replaced to give the room the best lightning