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