September 7, 2024
5 mins

The Top 10 Mistakes to Avoid During a Roofing Project

We support everything from fix-and-flip projects to long-term rental investments. Our team of experienced professionals, all with a background in real estate, understands the unique needs of investors and provides personalized lending strategies to ensure success.

When it comes to real estate investments, whether you're flipping a property or managing a rental, the roof is one of the most critical aspects of the structure. A well-installed, durable roof adds value to a property, while a poorly executed roofing project can lead to costly repairs and potential damage to the entire building. At BridgeWise Lending, we’ve seen it all—both successful projects and the ones that went wrong. To help you avoid common pitfalls, we’ve put together the top 10 mistakes to avoid during a roofing project.

1. Choosing the Wrong Contractor

One of the most common mistakes is hiring an inexperienced or unqualified roofing contractor. You want to work with someone who knows the ins and outs of roofing installation, materials, and local building codes. Always vet your contractor by checking their licenses, references, and previous projects.

Solution:

Get multiple quotes, ask for proof of insurance and licensing, and read reviews. Working with a professional contractor ensures a smooth project and minimizes risk.

2. Underestimating Costs

Budgeting is key to any successful real estate investment, and roofing projects are no different. Many investors fail to account for unexpected expenses, such as underlying structural issues or the need for high-quality materials.

Solution:

Build a buffer into your budget. Roofing projects often uncover hidden issues, like rotten decking or outdated insulation, which can drive up costs. Plan for the unexpected so you're not caught off guard.

3. Using Low-Quality Materials

While it may be tempting to save money by opting for cheaper materials, this is a classic mistake that can cost you more in the long run. Low-quality shingles or underlayment may deteriorate faster, leading to more repairs or even a full replacement sooner than expected.

Solution:

Invest in durable, high-quality materials that offer long-term protection. Premium roofing materials may cost more upfront, but they provide better longevity and resistance to weather damage.

4. Ignoring Ventilation

Proper ventilation is often overlooked but is critical to the lifespan of your roof. Without adequate airflow, heat and moisture can build up in the attic, leading to mold growth, roof decay, and increased energy bills.

Solution:

Ensure your roofing plan includes proper ventilation. Your contractor should install the correct number of vents to allow air circulation, which will help maintain the temperature of your roof and extend its life.

5. Failing to Secure Permits

Skipping the permitting process is a mistake that can lead to fines, delays, or even the forced removal of your new roof. Each city or county has its own set of regulations, and failure to comply can result in costly consequences.

Solution:

Always check local building codes and obtain the necessary permits before starting your project. A qualified contractor should be able to handle this step for you, ensuring your project meets all local requirements.

6. Improper Installation

Even with high-quality materials, a roof will fail if it's not installed correctly. Mistakes like improperly nailing shingles, failing to use flashing correctly, or leaving gaps between materials can lead to leaks and structural damage.

Solution:

Work with a contractor who has experience in the type of roofing you're installing. Inspect their previous work, and if possible, visit a completed project to see their craftsmanship firsthand.

7. Not Considering Weather Conditions

Starting a roofing project during the wrong season can lead to delays, damage, and even injury. Roofing in extreme temperatures, heavy rain, or snow can impact the quality of the installation and extend the project's timeline.

Solution:

Plan your roofing project around the weather. The best time for roofing is during mild, dry conditions. Be sure to check weather forecasts regularly and schedule your project during a favorable season.

8. Neglecting Roof Inspections

Once the roof is completed, many investors assume their job is done. However, neglecting regular inspections can lead to small issues escalating into significant problems, such as leaks, mold, or structural damage.

Solution:

Schedule regular roof inspections, particularly after extreme weather events. This helps you catch small problems before they become costly repairs, ensuring the roof's longevity.

9. Overlooking Warranties

Roofing materials and labor typically come with warranties, but many investors either overlook this detail or misunderstand the terms. Without a proper warranty in place, you may be left footing the bill for repairs that should have been covered.

Solution:

Always review the warranties provided by your contractor and the material manufacturer. Ensure that you understand the duration, coverage, and any conditions that might void the warranty.

10. Not Planning for Roof Maintenance

Even the best roof requires ongoing maintenance to remain in top condition. Many investors make the mistake of thinking a new roof is a "set it and forget it" aspect of the property.

Solution:

Create a maintenance schedule for your roof. Regular cleaning, inspections, and minor repairs will help extend its life and maintain its value. This is especially important for rental properties or flips, where property conditions can directly affect your investment return.

At BridgeWise Lending, we understand how crucial every detail of a project is, which is why we offer financing solutions tailored to meet your specific needs. Whether you're flipping a home or renovating a rental property, our hard money loans and DSCR financing options are designed to keep your project moving forward.

Contact us today to learn how we can help you finance your next real estate investment.

Lorena Gallo
Product Manager, Bridgewise Lending

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