The Ultimate Guide to Rehabbing This is about minimizing your risk, taking control Format File: [4 audio (MP3) + 8 documents (PDF) + 5 Spreadsheet. File Size: 205.22 MB
William Bronchick Rehabbing E-Course
Construction, Building Codes and Contractors
SAVE THOUSANDS on your next rehab and take control!
This is not your usual “how to save a buck on your next remodel” study guide…no, you’ve never seen this before!
The Ultimate Guide to Rehabbing This is about minimizing your risk and taking charge of your future rehabilitation projects. When you purchase a property, do you do your research? You should check comps, get an appraisal, insurance, taxes, and an inspection. Of course! You shouldn’t leave the rehab up to chance. Is the $30K+ rehab investment worth it??
FACT: The average single-family rehab deal using hard money costs the investor $2500 per month to carry the property…did you think going an extra month or two might not cost so much? The UGR will return that $5K to you! Get educated on how to take control of your projects and get rid of the prayers associated with rehabbing!
Learn from a licensed General Contractor who will show how to:
How to find, hire, pay, and negotiate contracts with contractors
How to make a ROCK solid contractor agreement (form provided)
A crystal clear scope of work (form included).
You can change orders to avoid being charged more later (form included).
Punch lists to prevent your contractor (form included) from skipping payment
Lien Waivers, the RE Investor’s BEST FRIEND! (form included)
What work requires a BUILDING LEIMIT
How to work in the BUILDING DEPARTMENTS
BUILDING CODE issues that are relevant to the RE Investor
General Construction Knowledge that ALL Rehabbers Should Have!
The new EPA Regulations for LEAD BASED PAINT
How to minimize your LIABILITY in ALL REMODEL PROJECTS
AND MUCH, MUCH MUCH MORE!
Have you ever noticed that the contractor relationship is almost the only one where the CUSTOMER has no leverage? Why is it that you’re at their mercy? I will empower and teach you how to manage your rehab projects. I have also included the documents that you will need to avoid any claims from contractors for additional compensation and avoid paying twice for work due to mechanics liens!
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IT’S ALL ABOUT THE DOCUMENTS!
Templates for Proprietary Formulas
Six page ROCK SOLID Residential Construction Agreement
Scope of Work Form
Modify Order Form
Punch List Form
Partial Lien Waiver
Final Lien Waiver
Learn the secrets of a licensed General Contractor!
Maybe you’ve attended a rehab seminar or purchased courses that covered the mundane: costing out materials; what work you can do yourself to save a few bucks; what colors to use or not use…and maybe how to ‘cut corners’… Well, put on your seat belts, because the ULTIMATE GUIDE TO REHABBING is going to show you how to save THOUSANDS of dollars on every rehab moving forward by CONTROLLING the Contractor (NOT you being at their mercy!). I’ll show you how to find, qualify, and manage your contractors so you can reduce your stress and maximize your profits!!!
REPEAT AFTERME: “I AM NOT AT THE MERCY OF MY CONTRACTOR!”
Learn how to reduce your liability for your rehab. Did you know you could be sued by workers injured on the job? Tenants or buyers can sue you for property damage or injuries caused by sub-code home improvement projects. You can have liens placed on your property by contractors or suppliers whom you didn’t even know existed! I can show you how to avoid these risks and many more! Not ‘Construction Savvy’? Learn the basics of construction terminology, and what to look out for when walking through a prospective property. Are you not up to date on building codes and terminology? I will teach you the essential skills that rehabbers need to be able to tackle projects, including emergency escape concerns. Forms, forms, forms…and more forms. Contracts? I’m assuming that if you have ever signed a contract with a contractor, it is likely that you also signed their contract. Never again! I’ll show you what to include in your contracts…and the importance of written Change Orders and Punch Lists, and the rehabbers best friend: the almighty LIEN WAIVER. I have worked with hundreds upon hundreds of subcontractors and contractors. As such, I have issued or received thousands of construction documents during my career. I have distilled that experience and expertise into several essential construction documents every rehabber must have in their arsenal.
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LEARN THEIR LINGO AND COMMUNICATE LIKE An OLD PRO!
Yes, many contractors will take advantage of you if they don’t believe that you know what you’re doing. I will teach you relevant construction lingo so it’s easy to communicate like a pro. When you speak in their terms, you’re sending a clear message: make your margin off someone else. I will also teach you about construction issues relevant to the residential rehabber so that you know what you’re looking for when walking a prospective property.
Here’s what you can expect in the new book William Bronchick Rehabbing E-Course
