RENOVATIONS
RENOVATIONS
The reasons are simple: rushed decisions, unclear agreements, noncompliant builders, and homeowners who don’ t fully understand contractual and insurance requirements.
Here’ s how to renovate like a professional investor with discipline, due diligence, and partners who protect your profit.
1. Choose builders who are compliant and credible
Before you think about finishes or layouts, verify who you’ re hiring. A contractor should prove:
• Registration with bodies like the BIBC, NHBRC, and relevant trade associations.
• Labour and tax compliance, including safety and occupational health adherence.
• Up-to-date insurance: public liability, workers’ compensation( COIDA / FEM), and ideally professional indemnity.
Non-compliant builders often take shortcuts with materials, labour, and
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