Virtual Online Meeting!
Saturday August 10th
9 am – 3 pm eastern, ONLINE
Practice Creating a Detailed Scope of Work
(So You Can Make More Money and Fewer Mistakes and Have Less Chaos on Your Next Rehab)
Rehabbing properties — whether it's for rental or resale — is one of the best ways to make money in real estate.
It's also one of the easiest ways to LOSE money.
We hear it all the time:
- "I paid too much because I didn't really know how much work it needed."
- "I lost money because it took too long to fix, and I got killed in holding costs."
- "I barely broke even because my contractor kept changing things up on me, and the rehab ended up costing $25,000 more than I planned."
If you've said one of these things (or you're afraid you WILL someday), there's one crucial skill you can get that will fix it for you: the ability to create a detailed, accurate scope of work.
That's not as easy as making a list of what the property needs: you need the tools to plot out exactly what needs to be done, on what timeline, with what materials....
Which is why we've rounded up Jerry Fink, a real-life retailer and rental owner with over 35 years' experience to teach you HOW.
In this workshop, you'll:
- Do a "virtual walkthrough" of a real rehab, so that you can see how professional rehabbers decide WHAT work to do
- Use a Scope of Work form to actually CREATE a detailed SOW for that property
- Learn how to use your scope of work to negotiate with contractors, and avoid expensive "misunderstandings" during the rehab process
- Find out how a SOW lets you set "milestones" so that you and your workers know exactly how much money will exchange hands and when
When you attend, you'll get:
- An Excel template that lets you easily put together a scope of work for any job from a full rehab to a rental turnover
- A detailed contracting agreement that sets your deal with the contractor in stone, and includes such important clauses as penalties for not finishing the work on time
- A unique "contractor screening form" that will help you objectively decide whether to hire a particular contractor or not
- Recordings of the entire workshop for your permanent real estate library
Registration for members is $47 – and for Non-Members it’s $97* – through August 8th ($67 and $127 after). And as always, this workshop comes with a 100% satisfaction guarantee: You'll be convinced that it was a day well spent, or we'll refund your tuition!
(* But why pay extra as a non-member when you can join KREIA for only $125/year and gain access to so many benefits — including our members-only Learn On The Site events, which are like live rehabbing workshops where you can quiz active rehabbers on their current renovation projects and sometimes even examine their scopes of work! Plus, we feed you a free lunch at LOTS!)
As always, this workshop comes with a full moneyback guarantee — you'll be convinced that the bonus materials ALONE are worth more than the tuition, or your money back!
Register below to get your link to this skill-building workshop!
After the Event: How to Get the Recording
If you register for this event — even if you can't attend live — you'll get access to the video replay. A few days after the event, when we've packaged up the video file, along with any supplemental documents, we'll post them here at the bottom of this page for viewing and downloading.
We'll also send you email letting you know they're here. But if you miss the email, be sure to visit this page a few days after the event to pick up your video and documents. (Note: Only the people who have registered for this event and are signed into their kreia.com account will be able to access the downloads and replay. Also, please note that it's a good idea to ask your real estate attorney to review any documents, contracts and forms you receive from instructors who are not based in Kentucky; real estate law varies by location.
Please download the video and documents ASAP: Our website host automatically moves these files out of current storage after 6 months, so the replay video and downloadable documents will go away in time. As soon as you become aware that these resources are available, please download them to your computer or device so that you'll have them for the long haul.
Is your replay no longer available? (Because 6 months or more have passed since this workshop was held?) Fear not. You can still download your files in an upcoming "Download Amnesty Day." Get more info here on how to do that.
NOTE: This event is planned and hosted by RMG (Real Estate Mastermind Group), in association with KREIA. RMG is an organization comprised of leadership from real estate investing associations from around the country. KREIA is a participating member of RMG.