How to Find a Good Builder | with Chris Dornan

Finding a good builder is critical to having a successful refurbishment or property development. Chris Dornan shares his advice on how to chose a good builder, and the development mistakes to avoid. Chris has been working for over 18 years in the building industry and is experienced in new builds, extensions, high-end refurbs, commercial refurbs and conversions

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SHOW NOTES

HOW TO FIND GOOD BUILDERS AND TRADESMEN

  • Ask Architects in the area who are working on similar projects. Check what projects they’re posting on Facebook
  • Recommendations from your property network
  • BNI is based on word of mouth referrals, so these are usually a good source of tradespeople.
  • Local councils usually have a trusted tradesmen website

HOW TO AVOID PROBLEMS WITH YOUR BUILDER

  • Always ensure you have a JCT contract with your main contractor
  • Either you create the contract or hire a Project Manager create it and  supervise the development
  • Aim to have one point of contact to manage the development

COMMON DEVELOPMENT MISCONCEPTIONS

  • A lot of people want to know the average cost per square metre to use when analysing a property for development. It doesn’t exist
  • Costs vary according to the area and the specific property

    DEVELOPMENT MISTAKES TO AVOID

    • Think about your end-user before you start a development project. What is the exit plan and what would they want? An HMO is going to look very different to a family home
    • Analyse comparable properties in the area
    • Check the floor plan or measure and make your own. Look at window positions so you can work out usable configurations
    • Know your numbers — analyse the anticipated financials and ensure there is a contingency fund

    SPLITTING ROOMS TO ADD VALUE

    • Average cost £1,000
    • Are there 2 windows to provide an easy division?
    • Aim to have south-facing living rooms and kitchens
    • Consider combining rooms to create an open plan kitchen living room

    CONTACT OR FOLLOW CHRIS DORNAN

    http://www.devenirplus.co.uk

    http://adaeroproperty.com

    Instagram:

    @chrisdornan82

    @adaeroproperty

    BOOKS CHRIS RECOMMENDS

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    Best wishes, Sarah Choy & George Choy
    Creators of the Stealth Millionaire Programme

    By George Choy & Sarah Choy | 17 July 2020

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    How to Find a Good Builder | with Chris Dornan
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    How to Find a Good Builder | with Chris Dornan
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    Finding a good builder is critical to having a successful refurbishment or property development. Chris Dornan shares his advice on how to chose a good builder, and the development mistakes to avoid.
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