59 – Understanding the Timeline

This week I am going to answer questions that have been emailed to me over the last several weeks.

In this episode, I’m going to answer a listener’s question regarding how you know, as a real estate investor, how long a project should take and what the order of events should be.

  1. In what order should things be done? Being able to accurately project rehab timelines and order of events takes experience.
  2. How long should each step take? I do not believe there is an accurate formula. However, once you do a couple of flips you will start to understand how long thing should take.
  3. Use a general contractor.
    1. All of the really good real estate investors I know use general contractors.
    2. The general contractor manages all of the subcontractors.
  4. You manage the general contractor.

About the author, Mike

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