Posts Tagged 'Project management'

How to Manage Property Rehab Costs for Maximum Efficiency and Value

Posted on: June 22, 2011

Categories: Fix, How To, Real Cases

Author: buyfixandprofit

How to Manage Property Rehab Costs for Maximum Efficiency and Value

Quick Tips on How to Minimize and Control the Cost of a Rehab Project

Purchase the general construction materials and supplies for your contractors and have it delivered to the job site.  Instead of having your contractors spend their time looking for material, do it yourself if you can.  It’s amazing how long a simple trip to Home Depot can turn into.

Property Rehab Written Scope of Work

Always put the scope of work in writing with enough detail to avoid conflicts and “misunderstandings” during the rehab of the property.  It’ amazing how crystal clear your vision of the finished product is during the walk  through with the contractor and then how any questions come up in the middle of the rehab.  Questions such as, “Oh, you wanted that wall knocked down?” or “You wanted more than two kitchen… Read the rest

Related Posts Plugin for WordPress, Blogger...

What do you think? [ No Comments » ]