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Category: Do It Yourself (DIY)

  • Tool and Equipment Rental Options in Ontario

    Tool and Equipment Rental Options in Ontario

    Tool and Equipment Rental Options in Ontario

    One of the key barriers to entry for a homeowner completing their own DIY renovation project is the lack of tools available to them. Many times it takes a variety of tools to complete even the most straight-forward of projects, and along with the material investment to complete the work, adding tools to the list of expenses is a hard pill to swallow. Especially for projects that require specific tools, it does not make sense to buy the tools outright to use them only once or twice.

    This is where tool and equipment rentals come in! Learn about the different rental options you have as a homeowner or real estate investor to help complete your own small renovation projects

    Option 1: For Small/Large Tool and large Equipment Rentals – THE Home Depot

    Having used their tool and equipment rental many times we can vouch for the ease of use and variety of options they have for tool and equipment rentals. You can rent anything from a tile cutter all the way to skid steers, and they charge you based on a minimum 4 hours of use and have options all the way up to 4 weeks.

    We recommend that people who already have the base tools (hammer, drill, screw drivers, saw, etc.) but are in need of 1-2 specialty tools for their project use The Home Depot Rental Service. If you end up renting a lot of items from them it will get pretty costly so make sure you have a game plan and budget.

    If you are utilizing The Home Depot Project Loan for your renovation project you will be able to utilize their rental service and apply charges from rentals to the project loan!

    If you find a tool or piece of equipment on The Home Depot (THD) Website that you want to rent, it is recommended to call your local THD rental desk to confirm availability and book the rental! You can find the pricing directly on their website for most tools and equipment. If you live in a large City like Toronto that has multiple locations, you can try reaching out to multiple stores to find the tool or piece of equipment you need!

    Option 2: For Larger Tools and Heavy Equipment – Battlefield Equipment Rentals

    For more industrial equipment/machines and large tools Battlefield might be the best place to look. With 35 locations across Ontario they service the larger metropolitan areas of the Province. BVM Contracting has used Battlefield pretty extensively over the last few years for our construction heating and large tool rental needs.

    Since none of their rental pricing is available online, you will need to reach out to your local dealer to determine what the availability and pricing will be for the rental you would like. Much in the same way as The Home Depot’s rental service, you will only want to rent the specialty items that you need for one-off/less frequent projects, if you end up needing a piece of equipment longer term you should explore the option of buying versus renting, depending on what the tool or piece of equipment is and how frequently you will use it.

    Option 3: Renting common renovation tools from your local tool library

    Tool Library’s in Ontario are available in many of the larger City’s and areas of the province. These tool library’s are non-profits that have an inventory of regularly-used tools that homeowners can rent for their personal home renovation projects.

    For example, Toronto’s Tool Library offers annual memberships that range from $55-$110 + HST per year and allow you different rental options, date ranges, and reduced fees on more specialty (or higher demand) tools.

    To find your local Tool Library (or to see if your area has one) you can check out this map that shows an up-to-date version of where they are located in Ontario. Plus, you are supporting a great local non-profit that is giving back to your community!

    Option 4: Borrow Friends and Family’s Tools

    One of the most common and cost-effective methods to get tools is to borrow from friends and family. Many times there is a friend or family member with a large tool catalogue that may be willing to give you some basic tools for your project.

    What if I have no experience using tools?

    Operating tools (specifically power tools) comes with associated risks, and if you are new to operating them you will want to proceed with caution. There is no shortage of online information on how to safely operate and use tools, and if you have more experienced friends or family members that can give you a crash course in how to operate certain tools take them up on it. The last thing you want to do is hurt yourself, so make sure you feel comfortable wielding the tools you will need to use for your project!

    When to buy versus own a tool or piece of equipment?

    The questions you need to ask yourself before deciding which way to proceed are:

    • How many times am I going to use said tool?

    • How much does it cost to rent said tool per time?

    • How much does it cost to buy said tool?

    Once you have this information the math is simple, if the number of times multiplied by the cost to rent per time is larger than buying the tool, you should just buy the tool. If you are unclear on how many times you will need to use the tool then renting will probably be the best option.

    Reach out to us with any additional questions or inquiries you have!

    Please reach out to us or leave a comment below if you have any specific questions!

    About BVM COntracting

    BVM Contracting is a full-service General Contractor or Home Builder located in Toronto. We provide home renovation and building services for major home renovations (kitchen renovations, bathroom renovations, basement renovations, full interior renovations, home additions, lot severances, and new home construction). Our goal is to help guide our clients through the process of renovating their home, from concept to completion.

    Further than providing General Contracting and Project Management for major home renovations, we also offer value-added services such as renovation financing, renovation rebate consultations and services, building permit and design services, smart home installation services, and real estate investor services.

    To learn more about our offering by visiting our services page.

  • Painting Yourself Versus Hiring Professional Painters

    Painting Yourself Versus Hiring Professional Painters

    Should You Paint Yourself or Hire Professional Painters?

    Make sure you understanding what “Painting” Entails before making a decision to do your own painting for your home renovation, home addition, or New home build.

    Painting is easily the most discussed line item when we price out Home Renovations, Home Additions, and Custom Home Builds. This is for good reason, because professional painting is expensive and if you have never hired a professional painting team before you’ve never seen the costs. At the end of the day anyone can wield a paint brush, roller, and painters tape, but being able to is only half the battle. In this article we help explain the “painting” line item in residential construction projects so you can determine if you have the time, patience, and experience to complete your own, or will need to hire a professional through your General Contractor.

    What is involved when you “Paint” a home?

    What many people fail to realize about painting is it is actually a very labour-intensive process. Not only does the act of painting take a lot of time, but the preparation process also takes a lot longer than people imagine. Not only that but there are more activities involved in the painting process than people think, see below:

    • Filling Trim and Drywall – It is often misunderstood that it is the drywallers and trim teams are responsible for cleaning up their messes. This is in part true if there are larger defects in their work, but for the most part the process of making sure that the trim and walls are smooth and free of imperfections falls on the painter. The process of doing this depends on how skilled your General Contractor’s Trim and Drywall/Taping teams are, which would be accounted for by any good painting team, because more time equals more cost.

    • Prep Work to cover any finished Flooring/Windows/Doors – Since many professional painters do most or all of their paint coats using paint sprayers, the preparation process needs to be very meticulous in order to prevent any finished areas of the home to be affected by the paint. That is why the first few days are mainly earmarked for prepping and protecting surfaces. This is another labour intensive part of the process for a painting team, and again time is money.

    • Painting Drywall, Trim, and Doors – Many times people don’t think about the fact that a painting team is also responsible for not only the walls but also the trim and interior doors being installed. Many times the painter will spray the doors and trim before they are installed, or at the very least try to paint the shoemould/quarteround before it gets installed.

    • Caulking of all trim to drywall terminations throughout the home – The caulking of the seams between the baseboard, casing, and jambs is a seldom thought-about task that happens to also fall on the backs of a painter, and adds additional time to the task of “painting”.

    Now you can see that “painting” has more to do with prep than just painting, lets progress to some other important topics.

    The Amount of Time it takes to Paint a Home

    To give you some recent numbers, this is what we have seen for the amount of time it takes to paint a custom home:

    • 4000 square feet + finished basement new home build – 4 weeks

    • 650 square foot third floor home addition + main/second floor paint touch ups – 1.5 weeks

    • 1600 square foot second floor home addition (main and second floors) with basement not affected – 2 weeks

    As you can see the amount of time varies, and square footage and duration are not always proportional. There are many other factors involved, including how vacant the home can be during the painting phase, at what point the painting can be completed in the project (to be continued below), and how dedicated the painting team is to the subject property (i.e. competing painting projects).

    When should painting be completed for a home renovation, home addition, or new home building project?

    The ideal time that painting should be completed is AFTER the completion of the drywalling/mudding and DURING the delivery of the interior doors and trim package. This allows the painters to do less prep work since the flooring is not yet installed, but also gives them access to all of the trim/doors they need to paint on site BEFORE they get installed. This is the most ideal time but it is very theorectical and doesn’t usually happen that way. Many times the painting is done as the tiling is being completed or once the flooring is completed, which presents more prep work for the painting team.

    What is the cost for getting a home professionally painted?

    For custom home building projects, you can expect to pay anywhere from $8-10 per square foot for a professionally painted home. As you can probably already tell, that adds up when you are looking at building a 2000, 3000, or 4000 square foot home. Note that these amounts usually include the supply of paint, and pricing will vary depending on the factors explained above.

    Is it recommended to complete your own painting?

    The Do It Yourself Painting question can only be answered with a series of follow-up questions, if you can answer yes to all of them then it is definitely possible, but make sure you are ready for a tedious and time-consuming affair.

    • Do you have any experience with painting preparation, painting, and caulking?

    • Do you have 40-60 hours per 1000 square feet to allocate for the painting your home?

    • Do you have more than one person who is willing to help you paint your home?

    The major factor at play with doing your own painting is the overall amount of square footage that needs to be painted. A lot of the time our home renovation clients can get away with doing their own painting, but our larger custom home clients have almost never picked up their own paint brush. Again – Time is Money!

    Hiring your own Painter

    In the past we have been flexible with our clients and have shifted the painting to be client-managed versus BVM-managed, but this is only recommended if you know someone who can do a good job and also provide some level of discount to complete the work. With painters, time is money so chances are if you are getting too good of a deal the product will show for it so be wary of that fact.

    Conclusion

    The key takeaway from this article is to show the the reason why professional painting is expensive, why you should not try to hire the cheapest painters, and when you should feel comfortable doing your own painting work. Hopefully this has given you a bit of an appreciation for the subtle art of residential painting, and you can make the right choice for your residential construction project!

    About BVM COntracting

    BVM Contracting is a full-service General Contractor or Home Builder located in Toronto. We provide home renovation and building services for major home renovations (kitchen renovations, bathroom renovations, basement renovations, full interior renovations, home additions, lot severances, and new home construction). Our goal is to help guide our clients through the process of renovating their home, from concept to completion.

    Further than providing General Contracting and Project Management for major home renovations, we also offer value-added services such as renovation financing, renovation rebate consultations and services, building permit and design services, smart home installation services, and real estate investor services.

    To learn more about our offering by visiting our services page.

  • How to Utilize The Home Depot Project Loan

    How to Utilize The Home Depot Project Loan

    Utilizing The Home Depot Project Loan for you next Substantial Renovation or Do It Yourself (DIY) Renovation Project

    With both professional and personal experience using the Home Depot Project Loan, we can honestly say that it is a great option for Fully or partially financing Home renovation projects

    BVM Contracting almost exclusively shops at The Home Depot for many of our managed renovation and home building project needs. More often than not we have found that their product selection and services are unmatched compared to their other big box competitors. Only recently have we found use in their financing services that they provide, and having recently completed a personal project utilizing The Home Depot Project Loan we can give honest feedback about our experience using the financing. Below we plan to answer the following questions:

    1. What is the home Depot Project Loan?

    2. How much can I access in financing from The Home Depot Project Loan?

    3. What can I purchase with The Home Depot Project Loan?

    4. Am I able to pay off the loan before the 12/60 month period is over without penalty?

    5. What types of projects would benefit from The Home Depot Project Loan?

    Before we begin, it is important to note that we are not being compensated for the information in this article and links to The Home Depot website. We found a lot of value in using The Home Depot project loan and wanted to share our insight and experience to others looking to complete a home renovation or home addition project.

    What is the home depot Project Loan?

    The Home Depot Project loan is a service provided by The Home Depot through Financeit Canada Inc. that allows home owners to shop for renovation materials and utilize select home depot services for a 6 month period. During the 6 month period you are paying interest only on the amount of spend you are making, which is paid monthly throughout the 6 month period. Once the 6 month period is over the amount of money you spent gets turned into a term loan of fixed monthly payments divided over 60 months with a minimum spend of over $1,000, or 12 months with a spend of $999.99 or less. This allows home owners to spread out their renovation project spending into manageable monthly payments after their renovation is completed.

    How much can I access in financing from The Home Depot Project Loan?

    The amount of financing you have access to depends on your credit and income, much the same way that any other type of financing is determined and approved. The maximum approval amount for a project loan is $50 000 on approved credit. To determine what you can afford you would need to fill out their financing application and submit it for review. Once submitted they give you the amount that they will be able to lend to you. Note that in order to approve you for the loan they will need to pull your credit report.

    What can I purchase with The Home Depot Project Loan?

    With the Project Loan, you can purchase any items in-store, any online-only products that would ship directly to you, as well as select services like Home Depot Equipment Rentals. Note that the Local Pros services provided by The Home Depot is not included. To learn more you can review the Frequently Asked Questions for The Home Depot Project Loan, or talk with your local Home Depot to confirm you understand the terms of the loan.

    Am I able to pay off the loan before the 12/60 month period is over without penalty?

    Yes! You can pay the loan off in full at anytime after the 6 month shopping period without penalty. This is the major reason why we recommend the product.

    What types of projects would benefit from The Home Depot Project Loan?

    In our opinion, there are two major categories of projects that would benefit from The Home Depot Project Loan:

    1. Do It Yourself (DIY) Renovation Projects such as bathrooms, kitchens, outdoor projects, and basement projects. Like we said the product selection is second to none compared to other big box stores, so you would have to be very picky to not find 90% of what you need from The Home Depot if you include their online shopping.

    2. Substantial Renovation Projects, including Home Additions, for spending on finishes like plumbing fixtures, flooring, tile, lighting, and other items.

    For DIY Renovations, the amount you can get financed for could potential cover all of the spending for your project, which would be a benefit for you because you would have 6 months time to buy everything you need and finish your project.

    For Substantial Renovation Projects, we have seen it where our clients choose to take out the loan to buy most of their project finishes from Home Depot. Since a substantial renovation takes less than 6 months to complete and home additions usually just over that amount of time, it would make sense to take out the loan at or near the start of the project so you can buy all of your finishes when your General Contractor needs them.

    Conclusion

    We hope that you find as much value in this type of financing as we did, but it is not the only type of financing available to you. Make sure you do your due diligence when figuring out what avenue of financing will work for you so you can feel comfortable with whichever choice you make. We wish you best of luck in your DIY project, or if you are looking to have your project managed by a General Contractor please schedule a free consultation.

    About BVM COntracting

    BVM Contracting is a full-service General Contractor or Home Builder located in Toronto. We provide home renovation and building services for major home renovations (kitchen renovations, bathroom renovations, basement renovations, full interior renovations, home additions, lot severances, and new home construction). Our goal is to help guide our clients through the process of renovating their home, from concept to completion.

    Further than providing General Contracting and Project Management for major home renovations, we also offer value-added services such as renovation financing, renovation rebate consultations and services, building permit and design services, smart home installation services, and real estate investor services.

    To learn more about our offering by visiting our services page.