Flipping a house is a challenging endeavor that can be full of unknowns and questions. Will there be hardwoods beneath the grungy shag carpet? Is the wall between the kitchen and the living room load-bearing? Will you uncover water damage when you gut the kitchen or bath? Should you lay sod, or is there time to seed the landscape and get a lush lawn before you put your home on the market?
Aside from questions like these there may be other unexpected issues that could impact the success of your project. Although you can’t foresee every challenge you can educate yourself as much as possible about the circumstances regarding your flip. But we’re not talking about rotting floor joists or unpermitted room additions—rather, homeowners associations and their tendencies to present their own sets of issues for a project. If your flip is governed by an HOA, have you considered noise ordinances that could impact your work schedule?
HOA Noise Ordinances
Depending on the neighborhood, your flip house may be subject to rules and restrictions established by a homeowners association. Typically in this instance, any exterior changes you want to make to your property will have to be approved by an HOA board. Things like the paint color of your house, erecting a storage shed, and adding a deck or a patio, could all be subject to HOA approval.
Even if you’re in-step with the HOA regarding the exterior of your flip one thing you should also consider is noise. Construction noise, that is. An HOA’s noise ordinances may restrict the times you can work on your flip. This can have a big impact on your renovation work schedule and timeline, especially if you plan to renovate after work each day, and visit the site on weekends.
Being aware of ordinances for noise can help you better plan and protect your work schedule, and may even help you decide whether or not you want to purchase a property in a particular neighborhood.
Noise ordinances can help curve inconveniences to your neighbors—because they really are your neighbors, even if only for the duration of your renovation. Before you begin your project you may even choose to give them a heads-up that you’ll be working next door, or close by.
Fences, and abiding by noise ordinances, make good neighbors. You never know, someone in the community may have a potential buyer for your property in mind. A good relationship with your neighbors can keep the lines of communication open.
Do You Need a Hard Money Loan?
Don’t be fooled by our competitors. We are the TOP hard money lender in Georgia, North Carolina, South Carolina and Nashville, TN. Apply for a hard money loan here or click through our site to find out how we can help you now!