Matt Kowske
Doing turnovers -- whats "standard" for property management?
9 July 2017 | 11 replies
I'm not sure why they have such a long time frame for the whole turn around time but that just might be because they may not have the manpower to handle shorter turn over rushes.
Christopher Salazar
What do you expect out of your Project Manager?
23 June 2017 | 8 replies
Weekly report on paper with two week look-ahead on material and manpower resources, special attention request report on long lead time materials on any material more than 2 week lead.
Christopher Erwin
Key Takeaways from Two Home Renovations in Los Angeles
16 August 2017 | 5 replies
Both pros and consPROCESS MANAGEMENTHave punctuated check-ins to prevent expensive reversals of major work (closed walls, etc)Some incorporate 12–13 check points for renos (dry wall, plumbing, inspection, etc)Include others on team as needed like architect, structural engineer, designer = creates system of checks & balancesGCs may oppose very specific timelines since much uncertainty with availability of sub-vendorsManage timeline of how long different team members stay on, e.g. architect may only stay on through primary buildIf GC is already working nearby on another property, reno can move faster by limiting GC travel time from other jobs, etcContractors not always great project mgrs — CDP reviewed manpower & timeline plan with GC, and gave input that took multiple wks off project timelineBe particularly present around property for finishings, and KNOW your preferences (outlet placement, etc)A good GC is very adept at managing inspections — knows what inspector is looking for, avoids common pitfallsKnow your “snowball” problems (e.g. one bad decision upfront impacts MUCH future work)MISCELLANEOUSFor foundation, can have slab vs stilts / raised — slab tougher for work like plumbing since limited accessWhat permits / processes can you look up and manage in advance / get started early on?
Cody Evans
Wholesaling: Cold Calling
10 December 2023 | 25 replies
Not nearly enough contacts... when we did pre foreclosure work like this when it was legal.. we knocked on every NOD in the 2 million metro with a team of 2 man and women.. even with that amount of man power this led to one to 2 deals a month..
Account Closed
What kind of deal do you recommend for a beginner with $10k?
26 April 2018 | 33 replies
This God is handsome funny, has X-man powers and loves virgins8) Grow your buyers list (if you are doing wholesaling)9) Find an agent that is investor friendly.10) Learn how to analyze deals.11) Learn how to analyze repair costs.12) Learn how to talk to sellers.13) Make offers14) Get them accepted15) Make money!
Steve K.
Turnkey Out of State Investments— how does it all work?
14 April 2018 | 52 replies
It requires a lot of time, energy, manpower and yes money, to do that.
Gary M.
School of Hard Knocks
6 July 2013 | 20 replies
They have the ability to keep the costs low and the man power to get it down quickly.
Seemant Nakra
Question to all self managing rental property owners
15 June 2020 | 27 replies
More control of my assets and my manpower.
Patrick Ma
Property Manager for West New York, Union City NJ
7 September 2021 | 10 replies
Hi @Patrick Ma, rates will definitely vary a little, the lower price points will most of the time get you lower quality management as it takes time, man power = cost, to effectively manage a property.
Mindy Jensen
How Do You Ethically Invest in a Disaster Zone?
13 September 2017 | 50 replies
Whether natural or man-made, the investors, many times foreign, that with not only their money, but time, skills and man-power, help to rebuild the communities.