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Episode from the podcastNot Another! Real Estate Investing Podcast

Episode 3 - Project Management for Real Estate Investors

Released Sunday, 10th June 2018
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On this episode, co-hosts Brian Davis (of Davis Real Estate, LLC and Offer Automation) and Dan Riendeau are back – as is Ryan Luby, a guest from Episode 2 of the podcast and Brian’s right-hand man for all things real estate. We’re talking about how we get it done at Davis Real Estate: our 12 Phases for Investment Success.

What you’ll learn from this episode:

- How Brian runs his real estate investment and development company with the help of 40-50 virtual freelancers (0:44)

- How Brian and Ryan use programs like Teamwork and Trello to manage a large virtual team (1:30)

- Our initial property evaluation process (Phase 1) (3:36)

- Why you can’t rely on the listing agent’s photos when buying a property sight unseen (8:03)

- The process of finding the title company or attorney for an out-of-state property (Phase 2) (9:19)

- The many steps involved in preparing a contract – and how Brian and co. ensure that nothing falls through the cracks (Phase 3) (11:38)

- Why Teamwork is Brian’s preferred project management software for day-to-day real estate matters (14:04)

- The resources Brian and his team use to find prospective buyers for wholesale properties (Phase 4) (15:40)

- How to make wholesale closing as efficient and easy as possible (Phase 5) (19:28)

- What “due diligence” entails when it comes to rehabbing a property (Phase 6) (22:12)

- How to determine the scope of work needed on a property – and the best contractors to help (Phase 7) (24:12)

- All the essential to-dos for closing and your new property’s pre-repair checklist (Phases 8 & 9) (25:20)

- How to manage contractors – and get your rehabbed property ready for sale – from afar (Phase 10 & 11) (26:51)

- What to do if you want to cancel a deal (Phase 12) (32:22)

- Brian and Ryan’s best advice for new real estate investors (33:44)

- What Brian has learned from one of his go-to books, Gary Keller’s The ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results (http://a.co/glkWxyR) (38:38)

Catch up on past episodes of Not Another! Real Estate Podcast on YouTube (https://www.youtube.com/channel/UCDg952QTPbLEHRFwq…) or SoundCloud (https://soundcloud.com/brian-davis-741151344). We’re also on iTunes and Google Play.

Got feedback for our podcast team? Interested in more information about our 12 Phases for Investment Success or our Teamwork template? Seeking a real estate connection in Connecticut? Just want to learn more about Brian Davis and Offer Automation? Reach out to Brian by phone at (860) 919-6996 or by email at [email protected], or find us online at http://www.OfferAutomation.com.
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