SH_SIC_Presentation

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

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

SH_SIC_Presentation

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