INTROCraig (aka CDP) has managed renos and the contract process for both himself AND othersHis smart approach = limiting downside and learning from the pastCDP writes down all mistakes to learn from for next timeGENERAL CONTRACTOR BIDDING PROCESSGet multiple bids & compare, and ask for line-by-line proposalsCan have two out of three, but not all → (1) Quality (2) Speed (3) Low CostIncent project completion via an end balloon payment (typically in 10% range)Don’t do cost-plus, instead provide max price for material/parts…keeps costs downGC should get multiple bids for all sub-vendor work, ensuring optimal pricingEnsure GC keeps good records for future auditsHire structural engineer for changes to things like load-bearing walls, etcCONTRACTINGGCs mostly require their standard template.

I'm curious if you generally stick with the same finishes (tiles, paint, appliances, carpet, etc), how you came to land on that menu (aesthetics vs. budget vs. other), and are you performing the work with your own crew or are you subbing it out?

I tried calling any numbers I saw on the sites but just got automated menu's that lead me nowhere.Suggestions?

With a mortgage broker the package can be presented in an optimal way to the bank which can make them say yes to the loan.

I use tenant reports dot com  they let you order your tenant check level at an ala carte type menu. 

At the top of this page you will see an "Education" tab, this will open a drop down menu with pages you can go to see videos, podcast, and comments on the Real Estate industry.

It is worth the $50 to get some solid comps on the property that are not based on the wholesalers optimism. 

Just search that in the menu. 

The other 2 strip malls from 12 and 16 years ago next to the land did you said you built them.If you built them you should know as a retail developer that a lender for a spec build today will want certain percentage of pre-leasing before they give you a construction loan.They generally loan to value or loan to cost whichever is less.I know some developers who do not have the pre-leasing requirement but they build 20 or more a year for decades now and the lender knows they will perform but most lenders will only do that for the extremely experienced developers.It sounds like you might own the land free and clear.Building another strip center with regional to mom and pop tenants tends to be non-optimal and a third choice.

Go to the menu, click on Network, then click on Hard Money.