Determining The Scope Of Your Property’s Project
Chapter 3
Chapter 3: Determining The Scope Of Your Property’s Project
Being able to determine the scope of your multi-family property’s project prior to hiring a professional painting company can be essential to your budgeting and planning process.
Here are 3 actionable steps you can use:
1. Reference historical data
Any historical data you have about when your property has been previously painted or repaired can be extremely helpful for your scope. Specifically, this data can provide insights into how long it has been since your buildings have been painted and certain areas have been repaired.
Note: If your multi-family property has NOT been painted in the last 7 to 10 years, it’s definitely time for a repaint.
2. Evaluate the current conditions of your property
Evaluating the current conditions of your multi-family property can help you determine what needs to be painted and repaired. This may require you to use both your historical data and information you gather from walking around and observing your property. For example, you can go from building to building to see what specific needs each has and record that information for your scope. Keep an eye out for peeling paint, discoloration, rotten or damaged wood, and gaps in boards that are not properly caulked.
Without taking this step, areas may get overlooked and left unrepaired.
3. Consult with an experienced industry professional
If you’re unsure if you’ve been able to capture the scope of your multi-family project properly, you can always consult with an experienced industry professional. This may be a painting or repair partner you’ve worked with in the past or someone who’s been recommended by other multi-family properties in your area.
Note: You can also use what you learned in Chapter 2 to help you find the best industry expert in your area to consult with.
Now that you know how to determine the scope of your multi-family property’s painting and repair project, it’s time to make sure you know how to budget and plan ahead.