Managing Your Job Site & Working with Contractors | Flipping Your First Deal Ep. 3

We're back with Ep. 3!
This episode covers an incredibly pivotal part of any rehab - managing the job site and dealing with contractors.
Christopher Gill shares some great advice for managing the project and making sure things run smoothly to avoid setbacks and problems that can stress you out and hurt your bottom line.
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Пікірлер: 105

  • @WhiteBoardFinance
    @WhiteBoardFinance6 жыл бұрын

    Communication = #1 Also, go to the job site, shake hands, acknowledge all the contractors and treat them well. Bring them pizza, pop, etc. They will remember the little things guys trust me.

  • @juliancolvard7567
    @juliancolvard75676 жыл бұрын

    Did this get discontinued ?!?! This provides GREAT value

  • @jond3281
    @jond32816 жыл бұрын

    That guy at 3:30 on the ladder about to risk it all

  • @howtoairbnb8239

    @howtoairbnb8239

    6 жыл бұрын

    lol

  • @wilhallman2890

    @wilhallman2890

    5 жыл бұрын

    My first thought haha

  • @ashleycowen5104

    @ashleycowen5104

    3 жыл бұрын

    I was thinking the same thing. Even on job sites heavily regulated by OSHA you still see that! It's usually a sign of cutting corners, where the superintendent, GC, project manager, foreman, or even the worker themselves don't want to spend the money to buy what they need to get the job done safely! A little extra money spent on a taller ladder is much better than spending thousands of dollars on medical bills and a possible lawsuit, which could very well be the reason we haven't seen an episode 4!

  • @aldrinmabanta

    @aldrinmabanta

    3 жыл бұрын

    Exactly. At least warn him in camera. Editing lol.

  • @woodsb123
    @woodsb1236 жыл бұрын

    This was a great video episode Chris!!!! Showing you getting into the thick of things during a rehab project and what's required of you as an investor. Keep these type of videos coming.................

  • @CanadianRealEstateChannel
    @CanadianRealEstateChannel6 жыл бұрын

    Great episode! 100% agree about the importance of communication - I’ve found most problems are the result of poor communication with contractors - having a detailed scope of work is so important!Tons of useful tips - thanks Chris!

  • @lomparti

    @lomparti

    3 жыл бұрын

    Hey! What are you doing here Matt?!?! lol

  • @mtbjim1670
    @mtbjim16706 жыл бұрын

    Contractor start and finish deadlines are important... I had a roof job start late and run long due to slow contractor working hours. Great video, thanks Chris & BP

  • @hunter_harms
    @hunter_harms6 жыл бұрын

    Fantastic video, love this dude!! Blows my mind that his personal channel isn't much, much more popular.

  • @SOLO-po2mh
    @SOLO-po2mh6 жыл бұрын

    Soooo I'm assuming the project didn't work out or something? WHERE IS EPISODE 4?

  • @richard76rama

    @richard76rama

    6 жыл бұрын

    I thought the same...

  • @warrenford2597

    @warrenford2597

    5 жыл бұрын

    This was getting good ........ It's like Game of Thrones ..... where is the next episode.

  • @Wolf_Knife_CEO

    @Wolf_Knife_CEO

    5 жыл бұрын

    Really - Ep. 4 link? Our wait has become historic! 🤷🏽‍♂️

  • @AceRosenthal

    @AceRosenthal

    5 жыл бұрын

    @@Wolf_Knife_CEO I think he is waiting until he can present all the numbers. This particular home is still for sale.

  • @Chosen_One

    @Chosen_One

    4 жыл бұрын

    Lol I'm still here waiting

  • @jacethornton4103
    @jacethornton41036 жыл бұрын

    I am really excites to see how this turns out. Can't wait for the next video.

  • @franklucasfrank5726
    @franklucasfrank57266 жыл бұрын

    First person I seen do this was Nick. I hope more real estate channels show the rehab part that is the scariest part to me! Thank You for the content

  • @marconavarro1837
    @marconavarro18376 жыл бұрын

    Awesome vid, can’t wait to see the final product.

  • @dontrinh7686
    @dontrinh76866 жыл бұрын

    Awesome content, thanks again!

  • @wirecoaching477
    @wirecoaching4776 жыл бұрын

    Can't wait to see the finished product either

  • @reseller7
    @reseller76 жыл бұрын

    Great three video's looking forward to seeing the completed home. Do you have a completion date? It would be great if you talked about the financing of this project from a lending standpoint. Did you use your own money, investors, etc.

  • @javiercarbonell1891
    @javiercarbonell18916 жыл бұрын

    Man the world needs this! Excellent, excellent, excellent job. Question, is that an apartment complex next to the house?

  • @suprafan246
    @suprafan2465 жыл бұрын

    I shall continue to following this

  • @gearedtowardsautomotive
    @gearedtowardsautomotive6 жыл бұрын

    Great episode and great info! Which program or app do you use to keep track of progress or renovation budget. Better than excel you said. Also, how do you get your contractor bids?

  • @reseller7

    @reseller7

    6 жыл бұрын

    He said he uses BuilderTrend the cost varies but starts at $99/mth.

  • @teelawalt2411
    @teelawalt24115 жыл бұрын

    im listening keep selling me the dream bro

  • @belaad
    @belaad4 жыл бұрын

    Ok, so it didn't go how you planned. Man up to it! It's still a valuable experience. How much did you loose? What do you think went wrong? What will you do differently next time?

  • @kaleoscreations8069

    @kaleoscreations8069

    2 жыл бұрын

    We need to know what happened! Looks like Chris Is now a relationship coach

  • @tpolk943
    @tpolk9433 жыл бұрын

    Would really have liked to hear the take aways from this one. Where did you go wrong in the analysis and how much total out of pocket for construction. It's looks to be $140k in work outside looking in.

  • @warrenford2597
    @warrenford25975 жыл бұрын

    OMG ..... I really need some closer here man , ......"what the flip"

  • @Tim_Krause
    @Tim_Krause6 жыл бұрын

    Sounds like you are using the Saramonic mic system, am I correct?

  • @ezzireifer6479
    @ezzireifer64794 жыл бұрын

    What I learned from this video: How do you manage subcontractors? You find subcontractors that manage themselves

  • @emanuelruiz6240
    @emanuelruiz62405 жыл бұрын

    the beginning... “3,3,3” 😉👁

  • @shadleesalot4257
    @shadleesalot42575 жыл бұрын

    Where can I find the 4th Ep?

  • @morland
    @morland5 жыл бұрын

    3:12 OSHA 😬

  • @Martin1519
    @Martin15195 жыл бұрын

    Can you manage projects without the need of a contractor? I’m actually a carpenter myself and I know other carpenters that work for themselves that could probably help me out with projects like this, I know it could probably save a lot of money. I’m just not sure how that would work legally?

  • @wilhallman2890
    @wilhallman28905 жыл бұрын

    With your guy standing on the ladder like that, sure hope your contractor is bonded! lol

  • @matthewerwin4677
    @matthewerwin46775 жыл бұрын

    I guess he didn't come out too well on this job. No more updates.

  • @teelawalt2411
    @teelawalt24115 жыл бұрын

    with this real estate game . its about over coming the 3 fears of real estate by just doing it. u got to jump in as a private investor. no other way exspecailly when u dont have no money no exsperience or credit... just got to jump in and roll with it but follow ur vision and the dream

  • @mr.e5930
    @mr.e59305 жыл бұрын

    i just wanna see how the house looked at the end dont make me drive to san antonio lmao

  • @brandonfarley5297
    @brandonfarley52976 жыл бұрын

    Love this episode. Im a plumber by trade. I've done flips myself. I think ill build an amazing flipping/construction business.

  • @00SingleSeven

    @00SingleSeven

    5 жыл бұрын

    Where you from

  • @MrPaige-vu4yq
    @MrPaige-vu4yq3 жыл бұрын

    I’m so late on this series but did he forget about part 4?????

  • @arom3824
    @arom38246 жыл бұрын

    What are the orders of these inspections

  • @MenAlex
    @MenAlex5 жыл бұрын

    Episode 4?

  • @serge6442
    @serge6442 Жыл бұрын

    Cant find the rest of the episodes, does anyone have the links???

  • @elijahparks842
    @elijahparks8425 жыл бұрын

    Incorrect step ladder usage the safest standing point is 4th rung from the top and I saw 0 3 point contact which is a good way to get your insurance to drop you. No ppe and a pot of unsafe acts I wouldn't trust a contractor without their osha licenses

  • @_CashFlowTy
    @_CashFlowTy3 жыл бұрын

    im glad you made this into a series i can really use these tips on my projects #CashFlowTy

  • @SirBrassknuckles
    @SirBrassknuckles3 жыл бұрын

    Where are the other episode to this series? (episode 4 etc)

  • @leonfroos
    @leonfroos6 жыл бұрын

    wheres the next video? checking almost daily...

  • @GarlandGay7
    @GarlandGay75 жыл бұрын

    You could make the GC a partner and give 5 to 10 maybe 15 % of the profit. The would incentivize him to finish on time and do quality work. Cause time is money

  • @mordykatsevman8161
    @mordykatsevman81614 жыл бұрын

    what does it mean "to flip the cane" ?

  • @jamessantoy5875
    @jamessantoy58756 жыл бұрын

    What happen to the rest of the episodes?

  • @ohbedcastillo9535
    @ohbedcastillo95355 жыл бұрын

    He actually lost money, you can see the house and the price on Zillow. Unless he spend less than 60k on the remodeling.

  • @tarzziccio8572

    @tarzziccio8572

    5 жыл бұрын

    Really ?

  • @teelawalt2411
    @teelawalt24115 жыл бұрын

    yeah guy i was a big fat old hater bro.. 135k nope ... but its looking good bro 100

  • @andrescuenca2114
    @andrescuenca21145 жыл бұрын

    WHERE IS EPISODE 4

  • @James-cg4jo
    @James-cg4jo4 жыл бұрын

    The house didn’t sell?

  • @hulk6164
    @hulk61642 жыл бұрын

    lol as a framer, id be kinda peeved if this guy came into the jobsite with a film crew and was in the way of our work. Unless he's bringing food and drinks and shaking hands instead of ignoring all the workers. Also, 3:25 that guy is standing on the top of a ladder! Get a bigger ladder big man!

  • @JamesJackson-jv4pf
    @JamesJackson-jv4pf4 жыл бұрын

    What happened to the rest of the project?

  • @russlea6383
    @russlea63832 жыл бұрын

    If you get hurt on a job site without wearing personal protective equipment, your insurance company might not cover it.

  • @brandoncabrera7656
    @brandoncabrera76564 жыл бұрын

    Sooo episode 4??

  • @jinzongli884
    @jinzongli8846 жыл бұрын

    Chris. How much are you spending per sq.ft on construction?

  • @JROCThaGreat

    @JROCThaGreat

    6 жыл бұрын

    Jinzong Li take his rehab budget and divide it by the square footage. So roughly $44 to $56 per square foot

  • @reseller7

    @reseller7

    6 жыл бұрын

    He paid $135k, looking to sell between $340k - $385k he said. His total costs I think was around $290k. So if the home is 1800 sqft his cost per sqft to purchase was $75/sqft. At a ARV of say $290k it would be $161/sgft. for the home size. Subtract purchase $75 from $161 = $86/sqft renovation costs. It's basically double what he paid.

  • @howtoairbnb8239

    @howtoairbnb8239

    6 жыл бұрын

    I absolutely love this math.

  • @dominofive5075
    @dominofive50756 жыл бұрын

    Need to get contractors with 8ft ladders. Good video though

  • @kaydee6883
    @kaydee68834 жыл бұрын

    Update ?!?

  • @christians8489
    @christians84895 жыл бұрын

    I guess they didn't continue this series...

  • @jesusvillalobos3468
    @jesusvillalobos34686 жыл бұрын

    If you hire a contractor and he gets hurt on the job site can he sue you?

  • @animewatch4213

    @animewatch4213

    6 жыл бұрын

    They can in some cases. That is why it is important to reduce your liabilities, such as signing a contract with you.

  • @jamilynn322

    @jamilynn322

    6 жыл бұрын

    You also want to make sure ANYONE who works on your property, even your personal home property, has liability and medical insurance in place. Ask for a current certificate and check the dates to confirm it's still active.

  • @wirecoaching477

    @wirecoaching477

    6 жыл бұрын

    Good question Jesus. Many investors do not consider this but like Jami said make sure that your contractors are insured.

  • @wendyannh

    @wendyannh

    6 жыл бұрын

    Don't forget to also make sure they carry worker's comp on any employees, too!

  • @astokes7396
    @astokes73963 жыл бұрын

    Dang. It never sold. Sorry about that!

  • @teelawalt2411
    @teelawalt24115 жыл бұрын

    the secret is to buy cheap renovate and sell at market value

  • @omara.fuentes3027
    @omara.fuentes30274 жыл бұрын

    For anyone who wants to see the end listing. www.zillow.com/homedetails/630-Nolan-St-San-Antonio-TX-78202/26110455_zpid/

  • @Tostitos78
    @Tostitos785 жыл бұрын

    I can tell from his nipples that he's excited about this project.

  • @jakeprettyman4127
    @jakeprettyman41273 жыл бұрын

    What happened??

  • @KyrstOak
    @KyrstOak6 жыл бұрын

    3:00 Aaaaand he doesn't bother suggesting a better one... :/

  • @dillonnj45l.18
    @dillonnj45l.186 жыл бұрын

    A lot of times the invester is the real problem I know ive done remodels for ever they expect 40$ an hour work for 14$ an hour they dont know code or proper order of trades they think they know something and dont know shit they dont understand how much material cost they want to make you wait months to get paid and then they act like theyve done everything right and the contractor sucks ive always hated the contactor bashing on the podcast

  • @RyanDonohue
    @RyanDonohue6 жыл бұрын

    Great video, love the enthusiasm and excitement! What was your inspiration? I just wrapped up my first deal, minor plug: kzread.info/dash/bejne/oIGayriFqZmYhso.html. Took a while but so worth it in the end!

  • @Westerdahl
    @Westerdahl2 жыл бұрын

    keep your arms still, damnit. so distracting when you flail around like that haha great content though

  • @carltonclark5194
    @carltonclark51944 жыл бұрын

    you are just building a whole new house this is not a rehab you are building a whole new house

  • @wendyannh
    @wendyannh6 жыл бұрын

    Great information, but dude, seriously, you've got to cut out all that hand movement! It is *seriously* distracting, and makes it very difficult to actually see what you are showing the viewer, because all we can see is your arms waving around.

  • @JPMcLuvin
    @JPMcLuvin6 жыл бұрын

    Is this a karate demo, or rap video? Too much hand movement.

  • @akosisunako1745
    @akosisunako17453 жыл бұрын

    Your body movement is so disturbing ugh