Introduction-Founders Message
This is the opening overview of the rehab industry. It serves as a reminder of common issues and misconceptions investors face when rehabbiing.
Accept what you dont know
You will learn what your part is and how to fit into the rehab process. How you fit in and at what point do you contribute or lead.
How to role play in rehabbing
You learn all the different phases of rehab construction stages and what happens in each stage. These will allow you to integrate a new way of setting up your rehabs from day one to create a win.
The 3 main Rehab Construction Phases
You will learn the 50 step rehab process ad how to get through the rehab from the very first step to final punch list. When in doubt, you will be able to referenc these steps t keep your flip on track
D. Follow the 50 step rehab process
You will learn how to start the process of walking houses, scoping houses and walking the house before during and after the rehab.
Learn tow walk the properties and work the process to positive end
Learn the keys area to make sure you are leading and communicating with your contractor and making sure that the communication is coming from your contractor as well.
The way to follow up and communicate with your contractor is important
You will learn how contractors think and what move they make behind the scenes. They play games and you will be able to recognize pricing and change order issues, lies and deceit.
Game recognize Game-You control the game your contractor plays
You will come to understand what your contractor is responsible for and what it tales for a general contractor to manage the day to day construction duties of a rehab.
To manage your contractor you need to learn what your contractor does
You will learn what insurance is needed and common when flipping houses.
What insurances are needed and why when rehabbing
You will learn a new strategy on how to work with your contractor and share in the return while reducing rehab costs.
How to make the joint venture work with your contractor
You will learn small techniques to get your rehab back on track by working with your contractor
Regaining your focus and leadership when the rehab falls off the tracks
You will learn how to read layouts and blue prints and why its important you understand this part of rehabbing
Getting comfortable reading prints and when and why you may need them
You will learn what rehab items will cost. You will leave with an understanding of average costs associated with bidding rehabs correctly to give you an advantage of keeping your rehab costs low
Pricing and costs associated with rehabbing
You will learn how to negotiate with your contractor by using truth and facts about the overall objectives of the rehab
Master the way you negotiate with your contractor
You will learn how to stay on point with supervision and keeping your rehab alive with a solid punch list technique
Stay the course with supervision and constant punch listing your rehabs
You will learn all about what happens way before you even have this property under contract and what has to be done to secure an investment property before rehab
What is property preservation and why is it importnat
Learn the process of real estate cycle that leads to possible property investments
The cycle of real estate
Learn how to write, draft and read a scope of work
The SOW
You will learn how to create the winning team and keep using this team to build your business
Lead your team to victory
You will understand the way to measure and all the different units and abbreviations
Time to measure, are you ready?
Gives you an example of national avergaes of what certain upgrades and remodels you do within the rehab will get you at the point of sale
What do I remodel first
Learn how to run a solid rehab and be worry and stress free
Why worry-make the team work and the rehab is solid
You will learn how to stop using excuses and work on what needs to be done first. The accountability goes both ways between you and your contractor during rehans
No more excuses
The top takeaways from rehabbing
The takeaways
You will leanr to remain true to your vaues and beliefs on getting the rehab done. Its full circle reflection on what you need to mentally focus on to have a wining rehab team, process and project
No more tolerance for lack of progression
Closing