10 Construction Success Strategies for Flippers and Landlords w/Jim Cooke

As an investor, raising capital, finding and putting deals together is really only half of the business. If you’re flipping homes, buying rental properties and building apartments, construction and renovation is really where the rubber meets the road.

 

Now that you have the property, you actually have to make sure the projects get done on budget, on time and to a high quality.

 

What are the most common traps investors fall into? In this episode, Jim Cooke returns to share how to cut down on the biggest construction mistakes investors make.

 

In the beginning phase, one bad deal could knock you out of the business. -Tom Cafarella 

 

Things You’ll Learn In This Episode

 

-Don’t build your dream home

How do we make sure we’re renovating for a profit, not according to our tastes and preferences?

 

-General contractors vs. subcontractors 

Hiring and working with contractors is where most investors get tripped up. How do you hold them accountable and make sure they are delivering a great result?

 

-The key to a good site walk

Are photos and videos enough to hold contractors accountable?

 

-On time and to a high standard

What are acceptable reasons for a project to go over the timeline?

 

Guest Bio

 

Jim is a real estate investor and founder of Cooke Realty LLC. With 20 years of flipping experience under his belt, he has handled just about every type of home renovation.  Connect with Jim over on LinkedIn. (https://www.linkedin.com/in/cookejim/)