Section 5: Balancing your SOW, Vetting Contractors and Getting Bids
In this lesson we discuss figuring out how to balance what your scope is, vetting contractors and getting bids
0:00 – Introduction
0:28 – Knowing what to update or renovate
5:00 – Balancing updates, budget and appeal
8:15 – Budgeting in a balanced/Buyers market
10:30 – Basic cosmetic upgrades
12:14 – Example of cosmetic flip
21:25 – Advanced Cosmetic Upgrades
24:21 – Example of kitchen renovation breakdown
27:30 – Mechanicals
31:35 – Advanced level flips
32:30 – Estimating for repairs
36:00 – Places to find GC’s and trades
39:27 – Vetting your GC’s / Trades
52:59 – Signs NOT to ignore with Contractors
58:25 – Signs to LOOK FOR with good contractors
1:01:45 – Gathering bids
1:09:22 – Open Q&A
FLIP SCHOOL MODULE 5 Homework 1
Please see the RESOURCES section for your PREHAB WalkThrough Worksheet