Seek Approval Before Start Renovating A Rental Property
-Before getting started, you need to check restrictions and get all the approvals and certifications required by law.
-For instance, if you’re looking to do significant plumbing or electrical work, you might need a building permit. Depending on the type of work you’re planning to undertake, you might also need to seek approvals from the condominium association or building management.
-Skipping this step could cost you a lot of money and turn your property investment dream into a nightmare, so make sure you do your due diligence.
