The Ultimate Guide to Rehabbing By William Bronchick – Digital Download!
Greetings, lovely visitors. The course contents can be quickly seen here:
Working with Contractors, Building Codes and Construction
SAVE THOUSANDS ON YOUR NEXT REHAB AND TAKE CONTROL!
Collaborating with contractors, adhering to building codes, and managing construction projects to save costs and maximize control.
This study guide is not the standard resource that provides tips on how to save money on your next remodeling project.
No, you have never witnessed this previously!
The Ultimate Guide to Rehabbing focuses on mitigating risk and assuming authority over your forthcoming rehabilitation endeavors.
Do you thoroughly conduct your due diligence while acquiring a property?
Verify comparable properties, schedule an inspection and appraisal, obtain insurance and calculate taxes?
Undoubtedly, you do!
Why do you rely on luck when it comes to leaving the rehab?
Does the substantial investment of over $30,000 in recovery not hold significance for you?
FACT: The typical single-family rehabilitation project financed with hard money requires the investor to spend $2500 per month to maintain the property.
Did you anticipate that extending the duration by an additional month or two would result in a significant increase in expenses?
The UGR will reimburse you with the $5K, returning it to your possession as it rightfully should be.
Eliminate the religious aspect from the process of rehabilitation, and acquire knowledge on how to effectively manage and oversee your projects.
Learn from a licensed General Contractor who will show you:
- Methods for locating, choosing, remunerating, and bargaining with contractors!
- Guide to constructing a robust contractor agreement (with a provided template)
- Producing a highly detailed and unambiguous scope of work, which includes a form.
- Prevent incurring further charges in the future by utilizing change orders (provided form).
- Utilize punch lists to ensure that your contractor does not neglect any unfinished tasks prior to receiving the final payment. A sample form is provided.
- Lien waivers are an invaluable tool for real estate investors. They provide a legal means to protect their interests and mitigate any risks. Attached is a form for your convenience.
- Which types of work require a building permit?
- How to collaborate with building departments
- Relevant building code matters for real estate investors: Essential construction knowledge that all rehabbers should possess!
- The recently implemented EPA regulations pertain to the use and handling of lead-based paint.
- Strategies for reducing your legal responsibility on any remodeling project!
Have you ever seen that the contractor relationship is one of the few where the customer lacks any form of influence or control?
What is the reason for being under to their control?
I will enable you to assume authority over your rehabilitation projects, encompassing the process of choosing contractors and acquiring knowledge on how and when to remunerate them, thus ensuring your continued control.
Furthermore, I have enclosed the necessary documentation to prevent contractors from making additional compensation claims and to avoid double payment for labor due to Mechanics Liens.
Proprietary Forms Templates Included:
- Six page, ROCK SOLID, Residential Construction Agreement
- Scope of Work Form
- Change Order Form
- Punch List Form
- Partial Lien Waiver
- Final Lien Waiver
Learn the inside secrets from 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 seatbelts, 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 AFTER ME: “I AM NOT AT THE MERCY OF MY CONTRACTOR!”
Acquire knowledge on how to REDUCE your legal responsibility on your rehabilitation project.
Are you aware that you can face legal action from workers who receive accidents while working, as well as from tenants or buyers who experience property damage or injuries due to sub-code home improvements?
Contractors or suppliers, of whom you were previously unaware, have the ability to file liens on your property.
I will demonstrate how to mitigate these hazards, and additional ones as well!
Not knowledgeable about construction?
Acquire fundamental knowledge of construction terms and gain insight into the key aspects to observe when inspecting a potential home.
Unfamiliar with building codes?
I will instruct you on the essential knowledge that rehabbers must possess when undertaking tasks, encompassing the critical aspect of emergency egress considerations.
Multiple forms are being encountered, with a continuous influx of further forms.
Additionally, contracts are also worth mentioning.
Presumably, if you have ever entered into a construction deal with a contractor, it is highly likely that you have also signed their contractual agreement.
Never again!
I will demonstrate the essential components to incorporate into your contractual agreements…
Furthermore, it is crucial to recognize the significance of documented Change Orders and Punch Lists, as well as the invaluable role played by the powerful LIEN WAIVER in the realm of rehabilitation projects.
I have collaborated with a vast number of subcontractors, contractors, land developers, and homebuilders throughout my career.
Throughout my career, I have generated or received thousands of construction documents.
Drawing from my extensive skills and experience, I have identified certain essential construction documents that any rehabber must possess.
LEARN THEIR LINGO AND COMMUNICATE LIKE AN OLD PRO!
Indeed, numerous contractors may exploit your lack of expertise if they see that you are unfamiliar with the subject matter.
I will instruct you in relevant building terminology so that you can converse with expertise.
By communicating using their language, you are effectively conveying the message that they should profit from someone else’s expenses.
I will also educate you on building concerns that are pertinent to residential rehabilitation, enabling you to identify the specific aspects to consider while inspecting a potential home.
GOT LEAD PAINT?
Do you have knowledge of the recent EPA regulations regarding Lead Based Paint?
Or are you cognizant but lacking understanding of the implications this has for you?
The Environmental Protection Agency (EPA) has established very precise testing standards, containment and disposal procedures, and has made it mandatory for any contractor working on affected regions to possess certification in lead paint work hazards.
As the proprietor, it is imperative that you provide your tenants and buyers with precise EPA brochures regarding lead paint, and obtain a written acknowledgement of receipt.
I will provide a comprehensive analysis of the relevant regulations to ensure that you are thoroughly equipped for your next renovation project on housing built before 1978.
This will help you avoid any violations and the associated penalties, which can amount to $37,500 per day, per occurrence.
Enroll today to begin your journey of exploration and improvement in “ The Ultimate Guide to Rehabbing By William Bronchick ”
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