8-Week Sprint Schedule Cut Our Carry Costs—Steal This Template?

8-Week Sprint Schedule Cut Our Carry Costs—Steal This Template?

Member since 2024 · 9 posts · 11 votes

I keep seeing projects bleed cash because timelines are fuzzy. We started running 8-week sprints with defined milestones (demo, rough-ins, punch-list previews). Latest flip finished 20 days early—a $2,400 interest savings.
Happy to share the Gantt-style template if folks are interested. What other tricks are you using to keep contractors on clock? Thinking about adding a Friday walkthrough bonus for hitting weekly goals—anyone tried something similar?

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Peter MckernanBusiness Member
Residential Real Estate Agent · Irvine, CA · Member since 2013 · 2k+ posts · 1k+ votes
1y

Bonuses are always better than doing a penalty.. That inspires the contractors to do it quicker and better.. That is a solid move.. 

1. If contractor is not getting material, try getting material shipped to project if people are there every day, decreases drive time for materials and slows the project

2. Have a templet for the stuff you will be doing on materials so you can order it right away once you close, no delays on materials (mainly focused for finish materials). 

3. No dump runs, all in big roll off for trash.. Some people seem to like a dump run to get things offloaded, the rolloff is way better and saves travel time

4. Damaged material, be sure to change on the fly if material in shipping gets damaged and you need to pick something else out instead so that it does not slow down the project. 

The McKernan Group4.957 Reviews
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  • Kevin IveyPro Member
    Flipper/Rehabber · Marysville, WA · Member since 2020 · 216 posts · 126 votes
    1y

    would definitely appreciate the gannt chart your using.

    I GC my projects and do 40-70% of the work myself but supplement with subs for big labor intensive pieces in order to hit roughly 8 weeks.

    TIA 

  • Peter MckernanBusiness Member
    Residential Real Estate Agent · Irvine, CA · Member since 2013 · 2k+ posts · 1k+ votes
    1y

    Bonuses are always better than doing a penalty.. That inspires the contractors to do it quicker and better.. That is a solid move.. 

    1. If contractor is not getting material, try getting material shipped to project if people are there every day, decreases drive time for materials and slows the project

    2. Have a templet for the stuff you will be doing on materials so you can order it right away once you close, no delays on materials (mainly focused for finish materials). 

    3. No dump runs, all in big roll off for trash.. Some people seem to like a dump run to get things offloaded, the rolloff is way better and saves travel time

    4. Damaged material, be sure to change on the fly if material in shipping gets damaged and you need to pick something else out instead so that it does not slow down the project. 

    The McKernan Group4.957 Reviews
  • Dave KushPro Member
    Frankfort, IL · Member since 2022 · 204 posts · 132 votes
    1y
    Quote from @Charlie Green:

    I keep seeing projects bleed cash because timelines are fuzzy. We started running 8-week sprints with defined milestones (demo, rough-ins, punch-list previews). Latest flip finished 20 days early—a $2,400 interest savings.
    Happy to share the Gantt-style template if folks are interested. What other tricks are you using to keep contractors on clock? Thinking about adding a Friday walkthrough bonus for hitting weekly goals—anyone tried something similar?


    I would like to check out the gant chart. 

  • Andy SabischPro Member
    Investor · Jackson, MS · Member since 2021 · 657 posts · 559 votes
    1y

    Always interested in tools to better track / manage jobs . . . . appreciate the offer, would appreciate a copy

  • Rental Property Investor · Baltimore, MD · Member since 2020 · 223 posts · 89 votes
    1y

    Awesome! I would love to see the Gantt chart.

  • Member since 2023 · 1 post · 0 votes
    1y

    I would appreciate your Gannt Chart as well

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