Creative Capital Podcast 29: How to Manage Contractors & Rehabs with Robert Kirchgessner
Creative Capital
Josh Ferrari
4.9 • 62 Ratings
🗓️ 11 December 2020
⏱️ 58 minutes
🧾️ Download transcript
Summary
Have you ever come across issues when dealing with contractors in real estate? I think it's one of those things that everyone experiences. Even regular home owners who aren't investors have this horrible interaction of shawty work, sleezy character, or just straight thievery. Well today we set out to guide you on the straight and narrow path to a successful business of properly managing contractors, rehabs, new construction, etc. with Architect & Custom Home Builder Robert Kirchgessner.
Robert has been both an Architect and Custom Home Builder for over two decades, and has a massive array of knowledge when it comes to managing projects. He's designed & constructed buildings from Multifamily Apartments, to 4-Star Beach Resorts, to Commercial Office Buildings, all the way down to small custom homes for clients. His wide array of experience gives him the ability to manage just about any project that gets thrown his way. He even does some higher level structural inspections on larger multifamily buildings, which we talk about on the show. (Be sure to tune in for that.)
We discuss topics like:
- How do you find the right contractors?
- How should I set up the pay structure so I don't get scammed and so they still want to work with me?
- How do I schedule the work to be completed? Is there a certain order it has to be completed in?
- 3 Key Success Tips on managing contractors
- And so much more!
Listen all the way to the end of this one because we've got some pretty exciting news for 2021 for the future of Ferrari Capital! More to come!
For more information about Ferrari Capital, visit us on our website @ https://www.ferraricapital.com
Transcript
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| 0:00.0 | You're listening to the Creative Capital Podcast. You're dying to learn about how you can create |
| 0:09.5 | wealth through real estate investing, then you can come to the right place. |
| 0:13.0 | Join in every week as we go over the ends and outs of real estate investing and |
| 0:18.0 | learn how you two can become financially free. |
| 0:21.0 | How they deal with you before you hire them? |
| 0:27.5 | I always use that as a red flag and how I, you know, it goes by your gut, you know know you have to see are they treating you with respect is your project important |
| 0:36.7 | are they giving you the run around or you get them on the phone does it take you does it take them know, two days to get back to you when you call them just to inquire about a job? |
| 0:48.0 | What's going on everybody? This is Josh Ferrari, host of the Creative Capital Podcast. |
| 0:54.8 | Welcome back to yet another episode of the Creative Capital Podcast. |
| 1:00.8 | Well today we have Mr. Robert Kirch-Gessner, I could be totally butchering that name, I don't know, but let's hope not. I believe it's |
| 1:11.6 | Kirch-Gessner, but anyhow, his area of expertise is in managing contractors, |
| 1:18.6 | managing rehabs, you know, he's a construction worker an architect. He is a custom home builder. He's built like large |
| 1:29.3 | Resorts. He's built you know smaller 2,000 square foot homes. He's basically done the entire gamut of different things that you could build in real estate. But not only that, he is also an inspector for multifamily properties, and he has just a lot of knowledge on the space when it comes to managing contractors, you know, managing |
| 1:56.0 | large rehabs and or new construction. If you're interested in new |
| 1:59.1 | construction this would also be a great episode for you to learn kind of the tricks of the trade when it comes to, you know, |
| 2:06.4 | managing these types of assets on the, you know, from the ground up or rehab or whatever, |
| 2:12.2 | because we all know that there are so many |
| 2:14.8 | different struggles and things that could go wrong when you're doing a rehab you |
| 2:21.4 | know the contractors could not show up you could give |
| 2:24.2 | them too much money up front and then they just steal your money they could do |
| 2:27.4 | shoddy work because you hire the wrong person you know any number of |
| 2:31.8 | things could happen or you could not plan it right or the money it could cost more than you thought it was going to cost |
... |
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