Looking for sample Rehab Schedules

[George Paiva]

Hi Folks, I generally deal with MFH, but I have opportunities to do a few flips. Typically with MFH I take a more phased approach by focusing on structural elements of a property like Roof, Heating, Electrical, Plumbing then focus on each unit as they become available. This is done over time.

For a SFH, I know schedules will be much more restrictive as you would want quick turnarounds. Knowing this what is your typical schedule on a fix and flip?

Do you keep track with Spreadsheets, Microsoft Projects?

Post what you have. I am a Project Manager by trade so i am very proficient with Microsoft projects and will be willing to share what I come up with here with the BP community.

Thank You, George

[Jody Michelson]

Hi George,

You may want to check out Chapter 14 from J. Scott's The Book On Flipping Houses. It's provides a nice conceptual and practical framework for determining the scheduling components of flips, including an optimal ordering of the work; factoring in and planning for dependencies (when the HVAC is getting upgraded, the electrical has to be on and often the gas, etc., so planning around those; with enough dependencies, it could be easy to overlook a few of them at first, although the example above may not be the best); an anticipated timeframe for each of various tasks (he divides the property into 25 very handy and well-organized components, and covers them one at a time as well as how to view it in the larger scope of a rehab), and more.

With your level of experience, you should be able to sail through your first rehab quickly and easily.

Good luck!