Hello friends, I also read a lot of posts between you and the system. We all share ...
Hello friends,
I'm between you too
Reads lots of posts for you and the system.
We all share and enrich the knowledge and understanding in real estate in a very convincing way.
A large / very important detail that is not sufficiently learned for my taste is the field work. And I do not talk about tables, calculations,
Yields, research and analysis of the financial and economic markets.
Not about the search for the safe investment, the one that will not jeopardize our money and money, finding the right location with all the parameters we all or a large part of us already know, coming to teach us about the area / level of education / socioeconomic cross-section of space / crime / proximity to centers in any field. , Which will form the background for the increase in the value of the property in the short or long term (depending on where you aim - flip or rent).
The real field work is to be in practice on the ground because there is no apparent good in real time if the process is done correctly or not in the practical technical field.
I will explain - when we apply to carry out a transaction, we aim to make a profit and preferably as much as possible. In the worst case, come out flat and, God forbid, lose. Lack of basic theoretical knowledge, or practical knowledge in the field of construction can lead to exceeding the budget, to additional delays, unnecessary spending of money, if only we know how to do things right. For plumbing and electrical power work, a permit must be opened at the municipality. In general, any work that touches the foundations of the building must be opened
There is no room for shortcuts that will not work - from personal experience.
And I say what happens on the ground - happens on the ground and every move has consequences (sometimes good)
And unexpected and unintended surprises pop up.
Technical work in the field, i.e. - the improvement and renovation work, must be done in the correct way and according to the standard set by law, which sometimes varies from state to state, and it is important to have the right person on your behalf to supervise everything that is actually done.
The contractors and various service providers are our face when we come to sell/rent the property. They are the ones who will make the difference between - Wow!!! L - oh well .. nice .. and there should be those who know how to work and know how to give finish top
Because, as I have already said, there is no good at first sight (and this probably also applies to potential buyers.) Any mistake in understanding the standards, the nature of the work method, or the level of work required will result in a waste of precious time and financial expenses that may endanger the profit that we labor for with a lot of thought and sometimes even greed. and labor.
It is important that anyone on your behalf be there to monitor, make adjustments to their type, have as much technical knowledge as possible and know the standards. One that will manage the schedules and the work schedule properly and should be carried out (and not necessarily impossible to be a perfectionist)
All in all, this motif will help us and benefit us in a way that is not ambiguous - there are no omissions and the profit is expected, because field work is done in the field and all this is important to remember.
Let all the people involved know that this year we all enjoy what we are doing and the path chosen will be paved for success.
Good luck to everyone .
The writer owns a company that fits the above category and has been doing it for many years.
Thanks Tommy for sharing. Friends I want to tell you that Tommy, in addition to being talented in his field as a contractor and flipper in New Jersey, is also the father of five children he supports independently and would love to receive referrals from friends who need a contractor in the area. I promised him I would try to help him personally so friends are invited to pick up the glove. Tommy will be sharing us with posts about renovations. We would love to learn ???