Has anyone used LB to manage home renovation/construction?

I'm in the planning phase of renovating my house for future rental. This is in pursuit of a larger goal of building a real estate investment portfolio for creating wealth. Can LB work for this type of project? Furthermore, could I use LB for recurring projects? For example I plan to buy more houses. For the most part the process of buying a house is the same from one to the next. How could I organize this in LB? Thanks in advance.

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cewhite's picture

RE: Has anyone used LB to manage home renovation/construction?

Hi there,

That's a cool one!

So, let's see what we can do to help get you going. There's probably a lot of different ways to do this. From what you've said so far, you might start with a top level goal with a couple of subprojects. Maybe something that looks roughly like this:

Build real estate investment portfolio
-Buy <property>
-Manage <property> renovation project
-Sell or rent <property>

Now there are a whole bunch of things that can go under that basic structure. I might make the Buy, Manage renovation, and Sell, each into a template file (.LBE) that you can reuse for each property.

Are you game to get into some details and build a template together? I would love to help you do that, and then you can take that starter file and refine it as you go along.

Presumably, you already bought the first property, your house...so you might want to capture a little of what you did so far, so that you can reuse those steps for your next acquisition.

It also sounds like you have some ideas for what you need to do once the renovations are done. So, you might want to just capture the tasks that you anticipate that you will need to do.

I would maybe leave that for a quiet moment, when you have a few spare minutes to do that. The idea is to get that off your mind and into your Outline. :-)

It sounds to me like you are in the middle of the actual renovations... and you might need the most help to start with that part of the project, and to keep it on track.

Is that right?

Can we start to break that section down into what you need to do to be successful?

Best wishes,

--Catherine--*
Catherine E. White
President
www.llamagraphics.com
Creators of Life Balance software
for Palm OS, Macintosh and Windows.

Dragonfly's picture

RE: Has anyone used LB to manage home renovation/construction?

Oh, goodie--a fellow DIYer!
Just a few suggestions, having done some of this too:
I think that Buy, Manage, Renovate, and Sell are all separate TLIs. Otherwise, the details of each collapse on each other, often creating a muck at the bottom. Just my thought...

Under Renovate, I break each room into sections: Walls, Floors, electrical, appliances <if pertinent>, hardware <cabinet pulls, hinges, 3 more pounds of screws X size, lighting fixtures, blinds/curtain rods/drapes,etc> and then list each bit of the above as a 3rd level item, so I don't forget the cabinet legs when I'm at the right store :-P

For Buy, I've added a new item which more and more needs considered: a soils test. As more building takes place on "reclaimed" or other sorts of disturbed soils, a soils test is becoming more and more necessary--to prevent nasty surprises like major foundation and wall/ceiling cracks down the line!

Under Sell, I've always had Paint everything "buyout beige with white trim". Yes, it's boring as blazes, but it works. A tip I'm sure you know, if you sell, is to use semi-gloss on the ceilings, and at least eggshell on the walls, to bounce more light around and make the rooms seem brighter. I also paint the insides of closets bright white enamel. Amazing how that works....

Do any of these ideas help?

cewhite's picture

RE: Has anyone used LB to manage home renovation/construction?

So what we have, so far, might be a renovation project framework that looks like:

Build real estate investment portfolio
-Buy <property>
--Get soil tested

-Manage <property> renovation project
--Meeting with contractor (with date)

-Renovate
--Living Room (keep your punch down lists organized by room and type of work needed to be done for the walk through during meeting with contractor)
----Walls
----Floors
----Electrical
----hardware and fixtures
-------get cabinet legs (place = at the Cabinet Leg Warehouse)
-------get specialty hinges (place = Hinge-a-rama)
-------pick out drapes (place = Celebrity Drapes)
--Kitchen
----Walls
----Floors
----Electrical
----Appliances

-Sell or rent <property>
--Prep to sell
----Get paint
------paint walls beige
------paint trim white
------paint insides of closets

Seems to me, that the "prep to sell" section might go under the "walls" in each room.

I would think that the Sell might include the marketing and showing the house ...as another way of handling that?

And that the Buy section might also include all the paperwork, purchase and sales agreements, and scheduling inspection and closing details?

Obviously the "cabinet legs" stuff will vary according to the specifics of the project.

I helped my aunt and uncle renovate their first house. That was one of my first summer jobs. Tile... a lot of tile. :-)

I've put that much into an exchange file for you to get started... we can refine it further if we get more ideas posted.

You can find that under Resources on the web site. Here's a direct link to it.

http://www.llamagraphics.com/resources/exchange%20files/index.html

Best wishes,

--Catherine--*
Catherine E. White
President
www.llamagraphics.com
Creators of Life Balance software
for Palm OS, Macintosh and Windows.

RE: Has anyone used LB to manage home renovation/construction?

Wow, what an enthusiastic response from the community! I am ready to buy Life Balance now. I had been looking for something that I could use to manage my life commitments and my main concern had been about how to manage construction projects in conjunction with other more linear goals. It seemed a construction project was better suited for Gantt style complex relationships but I gather from Jon's reply that parallel relationships can be managed. And I learned about exchange files. That should complete the package for me. Yea! Thanks everyone, this should be fun.

RE: Has anyone used LB to manage home renovation/construction?

Absolutely. I've been using LB to keep track of the remodeling projects I've done in the last few years (total DIY gut and redo of my kitchen, near-total gut and redo of a bathroom), plus a few handyman-like projects I've done for other people. You can retain a loose template that outlines the general progression of a process like buying a house, but I don't find there's much point in making a super-detailed plan before you begin; inevitably things don't go as planned, and there will be subtle differences from one house to the next. An enterprise such as you're describing involves a lot of nesting and parallel goals. LB is a great tool for keeping track of how they relate to each other, what the next steps might be, and for figuring out how to best spend your time when it seems like you've got more on your plate than you can eat.

cewhite's picture

RE: Has anyone used LB to manage home renovation/construction?

Hi there Jon,

I always think it is interesting to watch the evolution of a project too. You are right that things always change and not everything is going to go as planned, and that's real life in action.

You mentioned that you have a loose template that you use for some of these kinds of things... would you be willing to try to bundle up one of those templates and post it as an attachment LBE file so that we can see how a real renovation project might shape up over time? You can clean it up a little to remove names or anything too personal. Or it might also be helpful to take an example of what a completed section might look like?

If the LBE is too much to post, then maybe you could post a representative text example with some commentary on where things started, and how it changed?

Actual projects teach the most about the process.

Best wishes,

--Catherine--*
Catherine E. White
President
www.llamagraphics.com
Creators of Life Balance software
for Palm OS, Macintosh and Windows.

RE: Has anyone used LB to manage home renovation/construction?

I'm not ignoring your suggestion, Catherine; I just wanted to let the OP chime in again to get a better sense of his particular needs. I didn't want to get too far off on a tangent.

I started out with an extensive plan similar to what you did above, but so many unexpected situations presented themselves along the way that I stripped it down to a much simpler skeleton, fleshing it out day by day as things progressed.

One problem that presents itself on a big project like this is that various parts of it are sort of, but not entirely, sequential. You might think of the basic order of operations and come up with something like this...

--Remodel Kitchen
----Design future kitchen
----Gut Kitchen
----Modify framing as necessary (move walls and windows, etc.)
----Rough plumbing and electrical
----Drywall, prime, paint
----Install flooring
----Install cabinetry and countertops
----Finish plumbing and electrical
----Install backsplash tile
----Install appliances

However, even though the project must finally come together in an order very similar to that, many of those stages involve preparatory tasks that can or must happen well ahead of time, so these steps actually overlap each other. For example, cabinetry might take weeks or months to procure, so Order Cabinets, which might seem like a subtask of Install Cabinetry and Countertops, actually needs to happen far earlier.

My solution was to use the 'subtasks in order' feature to make only the first subtask of Remodel Kitchen active at any given time. Rather than letting that first subtask have a name that referred to a particular stage of the project, I just gave it the generic name "ACTIVE," and dragged or created specific subtasks into it. The primary subtask of the ACTIVE section would always be the next major stage of the project, but during periodic reviews of my LB outline, I'd also add preparatory tasks for future stages of the project so they'd show up in my to-do lists as well. On day one things might look like...

--Remodel Kitchen (subtasks in order)
----ACTIVE
------Design future kitchen
------Choose and order appliances
------Research cabinet choices
----Gut Kitchen
----etc.

A little later it might evolve to...

--Remodel Kitchen (subtasks in order)
----ACTIVE
------Gut Kitchen
------Order Cabinets, light fixtures, windows
----Modify framing as necessary (move walls and windows, etc.)
----etc.

Anyhow, I find I inevitably encounter many unforseeable problems and opportunities. I generally think of my starting project outline as a horizon, which I can aim at even without seeing it in great detail.

cewhite's picture

RE: Has anyone used LB to manage home renovation/construction?

Glad to help!

I've updated the LBE file in the resources section of the site to reflect Jon's suggestions too.

So, folks can download that exchange file and use whichever ideas suit their needs.

Best wishes,

--Catherine--*
Catherine E. White
President
www.llamagraphics.com
Creators of Life Balance software
for Palm OS, Macintosh and Windows.

Dragonfly's picture

RE: Has anyone used LB to manage home renovation/construction?

You're absolutely right that no two projects will be the same, Jon--doing the quick spruce-up of the house I sold in northern WI was crazy in several ways, and thankfully, with the help of the Llamas, I did get 95% of things under control! <the remaining 5% was lack of time/energy/sanity>

In contrast, we're in the midst of rehabbing my dad's house, in preparation for selling it, and that's where many of my suggestions came from, along with having to reclaim a few homes we've lived in over the years.

One thing I'd add, whether selling, rehabbing for staying in it, or buying, would be a close evaluation of the appliances for energy efficiency, too. We've saved many, many, many dollars by doing basic things like replacing any water heater over 4 years old with a tankless hot water heater, upgrading the washers and dryers, etc.

Okay, back to the long list I'm creating, so I eventually have a kitchen I love, after the house gets framed in <wry g>

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