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Who are we?
Who are we?
We are neither attorneys nor accountants, and you
should know that information you are about to hear
comes from years of professional business and field
experience.
Our Projects
COMPLETED FLIPS
CREATIVE DEALS
NEW CONSTRUCTION
PROJECTS IN FEASIBILITY
FLIPS GOING NOW
 10+ SHORT SALES - WAITING 
 3 DEALS THAT QUALIFY FOR EB-5
HOLDS
Questions
Team : Contractors
Contract
www.soundhousing.org/legal/contractors/contract.docx
or
www.goo.gl/QzXbe7
or
info@soundhousing.org
Mindset
 Homeowner VS Investor
 General Contractor VS Supervised Labor
 Savings VS Headache
 Relationship Building
 Knowledge VS Savings
 You Choose VS I Choose
 Don’t trust : Get multiple bids
 Don’t overcomplicate
 Get organized
Where to find?
 Investor Groups
 Vendors
 CraigsList
 Other online tools (Angie’s List, Bigger
Pockets, etc.)
Filtering
 Licensed VS Not
 Skillsets / Team & References : should be
working with other investors
 Portfolio / Photos
 Vendors utilized
 Pricing & Payments Structures (incentives /
penalties)
 Expectations : BOTH! (minimizing involvement)
 Timeframes
 Communication / Progress Tracking
Savings
 You pay VS Contractors
 Building Relationships with Vendors
 Cash Approach
 Network : What other investors are doing
 What if I called you directly?
 What can I do (minimally) to save?
 Appliances / Lighting / Fixtures, etc.
Specialized Vendors
 Ask other investors
 EDUCATE Yourself
 Online (reviews VS homewyse.com)
 Other investors
 Permits
Management / Payments
 Materials : You VS Contractors
 Cash Approach
 Permits / Inspections
 Progress Tracking / Communication
 Expense / Project Tracking
 Google Docs / Basecamp
 WaveApps.com (connect with bank)
Making life easier
 Talk to the city (but be CAREFUL)
 Stick to the mindset
 Too many cooks dilemma
 If working with agent : Get them involved!
 Hand / Finger Tools & Track Expenses
 Basic is better than nothing! Use Excel
 Sign CONTRACT & know your rights
 Don’t be afraid to fire contractors
 Basic Education & Search Engines
Questions?
.ORG

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Who we are and how to find the right contractors

  • 2. Who are we? We are neither attorneys nor accountants, and you should know that information you are about to hear comes from years of professional business and field experience.
  • 3. Our Projects COMPLETED FLIPS CREATIVE DEALS NEW CONSTRUCTION PROJECTS IN FEASIBILITY FLIPS GOING NOW  10+ SHORT SALES - WAITING   3 DEALS THAT QUALIFY FOR EB-5 HOLDS
  • 7. Mindset  Homeowner VS Investor  General Contractor VS Supervised Labor  Savings VS Headache  Relationship Building  Knowledge VS Savings  You Choose VS I Choose  Don’t trust : Get multiple bids  Don’t overcomplicate  Get organized
  • 8. Where to find?  Investor Groups  Vendors  CraigsList  Other online tools (Angie’s List, Bigger Pockets, etc.)
  • 9. Filtering  Licensed VS Not  Skillsets / Team & References : should be working with other investors  Portfolio / Photos  Vendors utilized  Pricing & Payments Structures (incentives / penalties)  Expectations : BOTH! (minimizing involvement)  Timeframes  Communication / Progress Tracking
  • 10. Savings  You pay VS Contractors  Building Relationships with Vendors  Cash Approach  Network : What other investors are doing  What if I called you directly?  What can I do (minimally) to save?  Appliances / Lighting / Fixtures, etc.
  • 11. Specialized Vendors  Ask other investors  EDUCATE Yourself  Online (reviews VS homewyse.com)  Other investors  Permits
  • 12. Management / Payments  Materials : You VS Contractors  Cash Approach  Permits / Inspections  Progress Tracking / Communication  Expense / Project Tracking  Google Docs / Basecamp  WaveApps.com (connect with bank)
  • 13. Making life easier  Talk to the city (but be CAREFUL)  Stick to the mindset  Too many cooks dilemma  If working with agent : Get them involved!  Hand / Finger Tools & Track Expenses  Basic is better than nothing! Use Excel  Sign CONTRACT & know your rights  Don’t be afraid to fire contractors  Basic Education & Search Engines