Flips: How have you improved staying On-Budget and On-Time

[Daniel Feldman]

BPers,

We have traditionally done a good job of staying on budget and on time with our flips, but our last couple of projects have definitely pushed us to a point where we need to implement some new strategies to improve our model. We deal with multiple sub contractors form our Main Sub, to HVAC to pool installers, electrical, etc.

I'd like to ask you guys specificially: What systems or tactics have you implemented into your fix and flips that have improved your ability to stay ON-BUDGET and ON-TIME with your projects? We were considering possible bonus or deduction structures based on projects or deadlines but would love to hear all suggestions to keep projects and subs on schedule.

Thanks so much!