Unstoppable REI Wealth

The Ultimate Rehabbing System

Episode Summary

Rehabbing a venture property comprises purchasing a separated or modest property, putting your time and cash into further developing it, and afterward selling it for a full market worth and leaving with benefits. Even though it's a worthwhile venture, it's likewise one of the more dangerous and expensive procedures for beginner investors. Rehabbing property expects concentration regarding time, capital, details, and experience to dominate. Thus, while you can harvest a productive profit from ROI, this isn't something you ought to bounce into taken aback. Rehabbing systems has various systems that have been used for many years but three systems play an important role to scale up your business if you’re determined. These systems are: 1: Build a Trend 2: I-metrics 3: Eagle View Make sure you’re following it with a proper guide. Your scope of work depends intensely on your pre-planning. This is where you detail the degree of the venture so that your workers for hire might be able to see each major or minor remodel. Go through your notes and list down all remodels required. Detail all that should be finished for every maintenance or renovation Conclude your scope of work given the expense assessment of each venture. Make sure to constantly plan for unexpected issues. Remember, no venture ought to begin before the documentation and contract signing. The rehab investor journey might appear to be overwhelming, but you have to do things carefully and learn about them first before implementing them. Do watch out my Podcast where I have explained the whole systemization step-by-step for your better performance. Thank you all for listening and I will see you in the next episode. When you're ready, head on over to https://billyalvaro.com https://billyssecrets.com To get some neat (and FREE) Tools | Tips | Tricks to help you Grow and Scale Your REI business!

Episode Notes

Rehabbing a venture property comprises purchasing a separated or modest property, putting your time and cash into further developing it, and afterward selling it for a full market worth and leaving with benefits.

Even though it's a worthwhile venture, it's likewise one of the more dangerous and expensive procedures for beginner investors. Rehabbing property expects concentration regarding time, capital, details, and experience to dominate. Thus, while you can harvest a productive profit from ROI, this isn't something you ought to bounce into taken aback.

Rehabbing systems has various systems that have been used for many years but three systems play an important role to scale up your business if you’re determined. These systems are:

1: Build a Trend

2: I-metrics

3: Eagle View

Make sure you’re following it with a proper guide. Your scope of work depends intensely on your pre-planning. This is where you detail the degree of the venture so that your workers for hire might be able to see each major or minor remodel. Go through your notes and list down all remodels required. Detail all that should be finished for every maintenance or renovation

Conclude your scope of work given the expense assessment of each venture. Make sure to constantly plan for unexpected issues.

Remember, no venture ought to begin before the documentation and contract signing.

The rehab investor journey might appear to be overwhelming, but you have to do things carefully and learn about them first before implementing them.

Do watch out my Podcast where I have explained the whole systemization step-by-step for your better performance.

Thank you all for listening and I will see you in the next episode.

When you're ready, head on over to

https://billyalvaro.com

https://billyssecrets.com

To get some neat (and FREE) Tools | Tips | Tricks to help you Grow and Scale Your REI business!

Episode Transcription

Billy  0:00  

What's going on everybody? Welcome back to the episode of unstoppable Rei wealth. I'm your host Billy Alvaro, here to bring the heat again, Another week, another podcast, bringing stuff to you to hopefully take your business where you are and where you want to go. If you watch this podcast and you let the time you know, I'm all about teaching you guys the tools, tips and tricks, strategies, systems and secrets on how to get you to start growing eventually scale your real estate investing business. And being that we're in a changing environment, the climate is starting to change, interest rates are going up. And the markets definitely going to shift, we're going to do a couple of different solo shows teaching you guys giving you guys some of the insights of what we're doing to position ourselves. And on this one, this is really going to be going over the systems in order to our rehab systems in order to take your company and to really position it for the next upcoming years of what you need to do in order to have your real estate rehabbing systems dialed in now, I'm gonna, I'm gonna give you a pre pre form this and a pre frame this whole thing, I am not a contractor. I'm an investor that understands contracting knows how to run jobs created a shit ton of systems, some I've taken from other people's courses, others we designed ourselves. But the whole key point if you're going to grow and scale in the real estate investing side on the rehabbing side, you really need to have your shit dialed in, you have to have your systems dialed in. So today's show is going to be just about that what I'd highly recommend, if you're listening on the podcast, great, we are going to be going over a lot of videos, I'm going to be sharing you a lot of the clips that we have, or forms rather that we have in our contracts or systems that we utilize. So if you want to see all of this, you want to go over to YouTube look up unstoppable Rei wealth look for this particular show, which is going to be the Billy solo rehabbing systems. And we're just gonna go over, you know, what we use, why we use it, and give you guys some of the systems and secrets that we utilize in order to really scale your real estate investing rehabbing business. Now the market is changing, as I said earlier, and you know, if you're a wholesaler, I believe that part of the business is really going to go by the wayside, the reason being is it's going to be easier to get deals down the road. And when it's easier to get deals. And when deals are plentiful. That means that anybody in their can go either to the MLS, they can go to the courthouse, if they can send out direct mail, it's going to be a lot easier to bring in deals, which means those people that are going to be maximizing their profits are those that have rehabbing companies where they can take the properties add value, put them back in the market, or those are going to be very good with creative financing. I think wholesaling is still gonna be there, because there's just some contractors out there that have absolutely no idea how to get deals. But I remember when the market shifted back in like, 09' 10' 11' , somewhere around there, 08' 09' 10'. And it was really, those guys that made a ton of money were the ones that took them down to buy and hold. And also those that picked up the properties, renovated them put them back in the market, because the properties had to be pristine to beat out all the crap that was coming that was currently on the market to differentiate yourself. So if you're not rehabbing, this is gonna you're gonna get some benefits out of this. If you are rehabbing some of this stuff you might know some of it might be new to you. But I'm just going to show you our way that we do that we run our rehabbing business, and we're doing hundreds of deals on the rehabbing side. And we're literally scaling the crap out of it in both New York and New Jersey. Now we're heading into into Pennsylvania to do this as well. So first thing is the system. What system do we utilize? Let me share my screen with you guys. So you can see this, see if I can get this thing down and not screwed up because I screwed up last time boom. Let me go to let's see, how do we go to full screen? Let's see right here. There we go. That works. Okay. All right.

So if you're watching the podcast on YouTube, you're going to see the first system I want to talk about is our contractor management system or rehabbing systems. And we use a system called Build a trend. And so we got licensed as a contractor a couple of years back in both New York and New Jersey, they were the contracting companies ag construction. This system manages all of our projects from beginning to end, regardless of the scope. So if we're just doing going into a property and doing lipstick jog, its lipstick job. It's in here. And if we're going in and doing a full blown renovation soup to nuts, or if we do a new construction that's in here as well. So the first thing you want to see in the side here, it's over projects, I'm not going to go into the projects themselves. What I really want to focus on is I want to focus on the systems that we build within build a trend. So build a trend, if you don't know it's a project management system that's really robust. All of our PMS have it on their cell phones or their subs. They have build a trend on their cell phone and they have access to the job that they're working in. And we have a mandate that at the end of each day, we have an automatic text blast that goes out to all of our subs that are on the jobs. And it tells me it's 432 things make sure a you clean up the whole property inside and out make sure it's it's spotless that you don't have crap sitting a little bit plays in number two. And I don't mean number two, taking the shit number two, I mean, number two, is that you want to go in and take pictures of what you've done today and also of the jobsite to make sure it's clean. Right. So our contractor has a mandate, they get an automatic text every single day for 30. They can win if by six o'clock PM, they don't actually have their stuff uploaded, we have the construction coordinator that's hitting them via a text or a phone call saying, Hey, you guys gonna get docked if you don't upload your pictures. Because we're real strict with this. We don't, our project managers don't go to the job sites every single day, they go two, sometimes three days a week. So in order for them to manage these projects effectively and efficiently, we rely on the systems that we have and our subs. And look, if you've been in this business for any length of time, you know, dealing with subs, I don't want to be an asshole. But sometimes like babysitting, you have to really follow up and follow through with everything just like anything in business, you have to follow up follow through. But I found with the contracting world, it's a little bit more in depth because these guys sometimes they just they're not business people, their trades people and you just need to like hammer them down and make sure that you get them to follow the process that you guys are setting. So inside here, inside build a trend , if you're if you're listening, I'm going to try to guide you through as best they can using the verbs the words if you're watching, you'll be able to see my screen. So in build a trend, you have a couple of sections I'm going to the one section we have is all the deals not going to go through that there's a section here called Global docs, global docs, I want you to think about this as your dropbox within build a trend. This is where we have all of our procedures over processes over flows over our checklists, everything you could possibly imagine. To run a construction job job from soup to nuts from beginning to end is inside here. So if you're looking at this screen, you're gonna see the overall process flow we have folders that are labeled. Each folder has a name on it, we have admin docs self explanatory, we have build a trend training specific to build a trend templates and workflows, which I'm going to go into that one in detail. Scope details, package selections, payments, final walkthrough, a punch list items, contract the coaching files with Marisa, we hired a coach at a California to work walk us through and really grow the construction company. And all her files are inside there. The contractor vendor files and process will go through that easy texting is the thing I just spoke about, and so on and so forth. So this this internal global Docs is everything that you're going to need to grow and manage your, your construction company. And so how this comes in handy if you document basically everything that's going on inside your business, just like in your real estate investing business and your wholesaling business. If you're doing sales, training or marketing, everything has to be should be dialed in, you can't do it overnight, all this stuff comes into play over time, as you're doing something you want to document it. I'm going through this today because we hired a an additional project manager in New York. And for me to train him, he's in New York, I'm

in New Jersey. It's really I'm taking a few hours each day, and was discussing through in detail the training items that are inside build the trend that we've created, that we've put in here. He's then going through and he's watching the videos reading the reading the information that's put inside, they're coming up with his own notes and questions. And then him and I go back. And we'll have a another conversation to address any of the questions that he may have that wasn't 100% Clear. So the first thing I want to go into is the templates and workflows. And I'll explain to you why. So inside this folder, this is basically the Bible of how to to get things done, right. So if you come in here, it starts off with 00. The max returns project initiation. Inside this form, it's a workflow. And this workflow basically shows anybody who's going to be involved with our company, whether they're on the construction coordination side, which is the administrative side, it says you're up top, or on the bottom side, which is actually the project manager. And as you can see, all these boxes are color coded color coded. Every box is color coded and shows down here on the bottom who's responsible for that box inside the role. Now you'll see there's nothing specific there's no details in this workflow process that we created. This is just the overall flow of when a deal comes in what are the necessary steps that have to be done and who's responsible to make that step happen. So if you come in here, I'm just going to, I'm going to give you an overview when the deal first comes in, because we're not dealing with retail sellers, we're dealing with our own investment company. So when a deal comes in, we get a deal, the investment company goes through orders, inspections, we set up financing, we pull Oprah's or foils depending on what state and we order title, because that's gonna give us our violations and CFO issues in New York. And we order all inspections, inspections can be the home inspection, it could be a survey, it could be any number of different things inside here that the inside team orders. And then from there, if you notice the color coded on the bottom, it says who's responsible. So the blue is our construction coordinator. The yellow is our closing coordinator or closing coordinator. The green is our project manager. The what is that the pink is the designer. And the I guess you call that like orange is the office manager. So each box is labeled out with who's responsible, who has to do what and what the flow is. Now, if you come down here in the bottom, the first thing that happens once we get a deal inside build the trend, we get triggered. And the team basically meets, we have an internal pre construction meeting. And again, this box, every single one of these boxes, there's other forms, and there's other details that go along with it in different folders inside the training system inside build a trend. And so with this workflow, we're able to know on any given day, what property is in what phase what the next step is. And then if we go to that file folder inside build a trend, it gives us details, or it gives the actual person responsible to do that job, the details of what actually has to happen to make the job work. Right. So without this workflow without a process flow, if you have multiple PMs working inside your business, think about this, if everybody was doing their own way, there's absolutely no way for you to manage quality control of what's going on with your jobs, both on the scoping side. And then on the job itself with ordering materials doing the inspections. If you're leaving it up to just a general idea of what your PMS want to do, you don't have it structured and dialed in, you guys are going to be losing money and losing your ass like without these documents, I'd be losing my shit to be honest with you, because I don't, I don't go to these jobs hardly ever anymore. There was a time a year and a half ago, two years ago, COVID first hit, I was out all the time for shits and giggles, checking out the properties. Because one truth be told, I didn't have a project manager in New Jersey. So I was the project manager. So I was forced to go out. And then once we did hire the project manager, I was still going out just to ensure that the jobs that he was doing was getting done to our quality standards because he was brand new. And now when I have the new guy starting in New York, it's the same thing. I'm training him online, I'm able to break down everything with him or resume based on our workflow engine, based on all the documents that we have inside build a trend. He does the work, I review it on on Zoom and then eventually Yes, I'm going to have to go out to Long Island and spend just a few days just to see the work that he's doing if he's actually following the guidelines, because there's only so much you can see in pictures and build a trend, you're going to want to get your eyes out there. But I'm going on a tangent let me get back into so on the

on the workflow, rehabbing systems, right, we come in, we do an internal pre construction meeting. That's when myself and the PMs meet. I give them an idea of what we're doing to the property based on the ARV that we're going to try to get give them the idea then they go out to the property. And here's where some interesting Shit happens. They go out to do a field survey. And they take pictures and they do this whole plan thing at the house. So we just got this new system that we picked up and can't remember the name of the camera. It's an IMAX or I, I metrics. I'll figure it out, put it inside the show notes. But we picked up this camera. It's a $3,000 camera and basically with a 2000 square foot house, my pm can now go to this property. Instead of him taking pictures and doing measurements doing all this crap. He's able to set this machine down. And within a 2000 square foot house, it takes 20 minutes to do full pictures of the whole entire half entire house does a complete general walkthrough of the property so you could actually walk through and within 24 hours he sends it out to a company within 24 hours they send it back we have a full floorplan of the property. We have all the dimensions of the property that are within a you know give it an allowable number to be almost right on point like there is a very small variance that with the actual verse what this machine does, and the key thing is the floor plans done, we have it in CAD. And now we're able to on step number three here on the project manager, we're able to go through and to do a design and layout with our designer with our pm and myself, I need to be involved. And so this happens, our PMS have the ability to go out to a property. And within 40 minutes, it's 20 minutes for a 2000 square foot house, he figures setup and breakdown within 40 minutes, he has all the detailed pictures of the property inside now, he has all the measurements of the property, and I'm talking measurements for everything, the window dimensions, the kitchen sizes, all the walls, all the trim everything inside this property, he's then able to take that push it to the company who does the rendering, they take it they render, they put it into a floorplan with CAD, they send it back and then myself, our construction coordinator, our designer and RPM get on a phone call usually takes 15 minutes to half an hour, we're going to move down this wall, we're gonna take this open up the kitchen over here, we're going to put a, you know, whatever, we're going to create a master bathroom on this side of the house, we're going to add a room in the back whatever we need to do, within 15 minutes, we rearrange, we have everything done. And if it's a permitted job, because we're doing a big job, we then take that whole file, send it over to our to our professional services, which is stuff done before peer if it's a permitted job, we always get our architects or engineers, any of the professional services that's needed. And now instead of them, they're still gonna go out there and do the field review. But now at least we have an idea of how we want the house to look, we give it to our architects, they're already ahead of the game, they can go out they can inspect the property, take their own measurements to ensure that we have everything up to speed and the measurements are right on target. And they're always going to be off slightly right with this camera system. But for our purposes, speed is everything. When you're doing properties, and you're renovating and you're trying to go from A to Z, you want to make sure that you're like dialing your shit in. And the only way to do that is to have these freakin systems dialed in and that you leverage any type of process that's out there or system with technology. For us, the first piece I told you about was build a trend. The second piece of that I'll tell you about I gotta get the name of this thing. I can't remember if it gets i-metrics or IMAX. But it's 20 minutes to 3000 pieces of equipment, I bought two of them one from Europe or from New Jersey, within within 20 minutes the house is done within one day. Everything is back full walkthrough of the property plus all the design, I'm sorry, plus the whole floorplan and all the measurements, and it's in CAD sick, ridiculous saving yourself time. Alright, walk through the rest of the process. Once that property Once the design, the layout we speak about that we go through our project manager then goes through and he designs a preliminary scope of work. This is basically a writer giving ours hit the subsidies gonna hire details of everything that we're going to do. Now I want to stop here for a second. I want to share with you another file if I can find it and put it on here. Of course, I can't find it right, let me just see bring it out as exit full screen. Here we go. Let me go back to full screen so you can see it.

Okay, so part of our writer that we do, I'm sorry, part of our scope of work is we create a detailed scope of work based on what we want on to the property right. And what we found over 13 14 years of doing this is that if we don't have the project expectations and quality control guidelines attached to the scope of work of how we want each item to do the trades basically do whatever the hell they want. Some of them, even if you're getting permits in if it's a non permitted job, different story because you have to really micromanage and make sure that they do things to the right standards. But permits are not the contractors will take shortcuts to contractors to do what they think is right for the property. And that's not how we're going to run things. That's not how we get things done the right way, that's not how you make dials. It's the whole process in your rehabbing company to get everything done and structure from A to Z. So we created over years of trial and error of really getting our asses handed to us what a project managers create our scope, our detailed stuff of what's going to happen, you know, we're gonna rip and put on a roof with a ripping to put in siding. We're replacing windows, we're putting in a brand new, a brand new kitchen. And of course, all the measurements and stuff are going to be on a different doc. We're putting in flooring, here's the flooring type we're putting in we're ripping and putting in all new trim this document when we give them the scope, we refer them and say anything on this scope that you're going to do refer to our quality control project expectations and quality control guidelines sheet to show you exactly how we want each parts of these jobs done. So what does that mean? I'm going to come up here I'm gonna say okay, exterior general. So here's what if they're doing any type of foundation work? This is what We what our expectations is for the foundation if they're putting in roofing. Here's what we want our expectations for the roof, we're going to install the Cobra ridge vent, hip and ridge singles ice and water is going to be on there. We're going to have 15 pound felt underlayment, so everything that we want them to do. Here's the specifics the quality control and expectations of how to actually do that job. recovering roofing, chimney, anything inside the attic, how to install the siding, what we our expectations are for gutters, when you're putting in the windows, how to actually put in the windows and hang them on the on the electric, all the issues that we could experience with electric and how to overcome them and make sure that they're doing things the right way. And we tell them that we're getting underwriting certificates. You know, all the GFI is are where they need to be like, we're breaking down everything plumbing, we had a lot of issues in our houses with plumbing. They were just they wouldn't tie in the plumbing the right way to do the vents. And so they'll try to take shortcuts. This is telling them what the expectations are. It's attached to the overall scope. They sign off on it and they eff up and they don't do something right. They get dumped. And they know that they're going to do it the right way. Because we inspect everything. If it's not us, it's a home inspector that comes in or it's the county if we're getting permits, depending on the size of the job. And we go through and we inspect all the shit HVAC when you're installing HVAC. We you know, what are we expected? What our expectations with that when we're doing finishing basements, what's the expectations, with finishing basements, when we're putting in the kitchens, the bathrooms, the windows, the gutters, the siding, the chimney, anything you could possibly imagine, is on this list. And we have details inside here of exactly either how we want it lead, what the code is, how we want it structured, any issues that that we normally come that we normally find, we put them in here to say here's the issues we usually find, please make sure you don't do it like that. And so this one document, it's called save your bacon, it has literally saved our asses saved the contractor's ass as well, because they know now what the expectations are. And when you have somebody that understands expectations, they're willing to do things a different way, or at least they know they're being held to a higher standard. Right. So let's go back in here. So after our project manager

creates the scope of work, we figure out what's permitted that goes to professional services, the budget comes in, the final rider is printed out, we approve it the the owners of the company does an approval on this. And then it goes right over to our bidding process for the contractors we go through bidding. We select the crews we coordinate the subs. Our here's another difference that we did a little bit a little change. years back, we used to hire over subs and we would rely on them for material bid and for labor bid. And what we found is that they would just over order materials charges our job using materials at another job or they would just beef up the materials where it wasn't really, we weren't really paying for what we were getting. And we were paying more for these jobs. So what we did is we broke it out we said mandatory. We're going to be responsible our company we have a material material orders ordering purchasing system. And we order we do all the takeoffs and we do all the bids for material and we order all the material Make sure the materials at the job site, that little thing right there has probably saved us 3 to 6% on jobs which you know, when you're doing 90 110 140 200 of these properties a year, you know 3 6 9 percent to the bottom line where 9% savings rather, is huge because it goes right down to the bottom line. So we order all of our materials inside with the exception of any rough electric and any rough plumbing and for HVAC. So when we get our bids for that we just have them break out the labor and the material breakouts in separate lines but for everything else, roofing, siding, windows, any type of lumber, sheathing, laminate flooring, regular flooring, trim, kitchens, baths, anything else it's on us, we have a whole process that we do the ordering. And once we get through here, my subs, I'm sorry my project managers they order the materials, they make sure we have all the tools and equipment on site. They then conduct a pre a pre construction meeting with all the subs phone call and on site. And then it's kickoff time and there's a whole another process as this is going through. If you're watching on the on the the video on YouTube, you'll see this bottom flow lane is all the in the field with a project manager up top as all this stuff is happening down here. On the upper side. We have the construction coordinator or we have other people inside doing certain things like they're doing the build a trend setup. They're setting up QuickBooks as a QuickBooks set They're getting all the contracts signed for all the subs, after our project manager picks out which sub is going to do what the product, the construction coordinator is ordering all of the insurances, the workers comp, she's documenting all of this, putting it inside build a trend, sending it out via Docusign. And making sure it gets done. She then does a coordination develops a schedule with the pm sends that out to the project manager to the to the subs, and everybody's on the same page, everybody knows what has to happen, and we meet. In order to make sure your renovation company is running smoothly, you have to have working meetings every single week. So for our project managers, we meet with them every Monday and Tuesday usually takes about 90 minutes. And in those meetings, we're not going over procedures, we're not going over workflows, we're going over specifics of all the deals that we're doing. And you know, some of our project managers have 30 35 projects going on at one time.

And so you have to make sure that you have weekly, catch up meetings, have everything documented inside build a trend, we have our construction coordinator on that call, we sometimes have a designer on that call, I'm on that call, and our project manager is on that call. And we just rip through every single file to make sure there's any issues that we need to be aware of anything that ownership needs to be involved with. And it basically just keeps everybody on the same page to make sure that the workflows are being adhered to. And if there's issues is something that's popping up during the week, we just put them on our issue list. And then on that Monday and or Tuesday, depending on what pm we're dealing with, we go over then, in order to really grow your company, right, in order to grow your real estate investing company and or your rehab arm of the company, I suggest having another meeting a week. And that would be you're working on the business meeting, we do that every Thursday from five o'clock to six o'clock Eastern. And what we do in that meeting, is we'll pick out one process one problem one system one something that we want to focus on, that we want to build into the company. And in that meeting is myself, both project managers, the construction coordinator, my executive assistant, and the designer on these properties. And we all have input. And my executive assistant is taking notes, and she's creating all these workflows that we're doing. Now we might be able to work out in a one hour segment, one process that we map out and we put into play. Sometimes it takes us three to four weeks to come up with a process like this. This one, the last iteration on this was December 14 2021. This took us a couple of weeks to do. And then each one of these boxes and I'm looking I'm talking about our workflow process, each one of these boxes we went through and it took us several weeks to break down all of the details inside these boxes. When we do I'm going to take you into build a trend you could see so inside here in our templates and workflow, you see we have the project initiation. We have training sheets in here of how to do, how to figure out the budgets. We have a couple of videos inside there, how to do budgets we have how to figure out and do a scope of work. How to fill out a writer template in here a breakdown of the scope work and materialists broken down by each phase of the of the process. What is the materials that are needed? Let me see if I can open this one up

so this one here, this is actually breaking down overall property of how to go through and review the inspection report for big ticket items and how to order like we use Eagle view for ordering how to order Eagle view and and make that happen. And Eagle view is basically the system that we utilize to do takeoffs for roofing for siding or rough materialist how what rough materialist do we utilize on just about every single job it gives us it gives our PMs a simple checklist and all they have to do is fill in the amounts and they can send that right over to whatever company we're ordering from usually it's it's it's Home Depot. Let's see here. Here's scope of work. This is the how to create the scope of work workflow. You know what to look for when they're at the property, what to look for when they're doing the home inspection, and then actually how to break down the scope of work. Very simple process. But this whole workflow, it allows our project managers to not ever forget how to do something and really just structures the whole entire process, so they're able to get things done in an expedient fashion. We have down here. Let's see here we have final template, a punch list. We have internal workflows for the jobs. I mean anything you could possibly imagine. So when your business when it comes down to umm rehabbing the rehabbing part of the business. It's inside here, we have scope details like how to figure out and do a scope we have this is the details of that main page. So look, the bottom line is this guys, if you're if you want to take your company to the next level, and you're looking to go from, you know, four or five renovations a year, or 10, or 15 renovations a year, and scale it up to 50, or 80, or 100, plus renovations a year. The point of this whole podcast is you have to have your shit dialed in. You need to one leverage technology that's out there, we went through a bunch of different technologies, we chose build a trend. What's right for me might not be right for you. But it's certain systems that we utilize, we utilize for takeoffs for roofing and siding, we utilize an eagle view for the internal of videos and pictures of the property along with an automated plan layout of the inside with all of the dimensions and a full CAD file. So you can do your takeoffs. We utilize the other companies I metrics. But anyway, we utilize that. So the point is with this whole thing, you want to leverage the systems that are out there, in order to scale your business rehabbing is you can make a shit ton of money. It's called I guide. That's it. So I had a brain fart, I just looked up my phone, I guide is the system that we're utilizing. It's about $3,000 for the camera. And 100% will streamline your business, it's a small investment, that's going to save your Pm or you if you are the PM, a shit ton of time to allow you to get these properties filmed to allow you to get the current floorplan in to put it into CAD. So you can then take it start manipulating it. And it also which is good to have for your for your for all your trades so they can see okay, here's the current floorplan this what we're going if look if you're getting permits, you're going to have your architect go out there, but this for us, it's awesome. Because if we're not getting permits, it allows our PMS to go out there and not have to do a complete takeoff list for two hours at the property. They can spend 20 minutes, send out this document this is this, I guide over to the company that does the rendering, they put it together they send it back. And the next the next day, within a few minutes, he's able to start allocating and figure out all the various when he called takeoffs in the property, and then we can manipulate the CAD file. So no rambling no one on a little bit to half hour in.

If you want to get to the next level guys, you have to systematize part of this podcast is all about talking about systems build a trend, I guide. The eagle view, these are three systems we have many, many, many other systems that we utilize inside the rehabbing company that we've that we've started years back. Key Point is just make sure you leverage it makes you document it makes you have consistent meetings. And if you want to scale you have to get into some sort of a process and system and technology, like build a trend to take you guys to the next level. If you need me for anything you guys can hit me up on Facebook, Instagram, LinkedIn, unstoppable BA. Also you can follow me on YouTube, all these videos that we do, I'm sorry, all the podcasts that we do are also created to a video they put on my YouTube channel, check out unstoppable Rei wealth. And again, if you guys want to joint venture, if you want to invest with me. So let's talk about joint venturing. On an average basis monthly, I have two to five people that I'm doing deals with where they'll call me up from other states and they have a deal in New York or New Jersey or Pennsylvania, Connecticut. And they'll say hey, got this deal. What do you think you want a JV and we'll do a joint venture, the other maybe we'll wholesale a deal together, maybe we're renovate the deal together, I have other people that they just want to put their money to work. So if you have money, you want to get into real estate investing, but you don't have the time and the expertise, but you do have cash and you want to invest, the best thing you can do is to get with an operator who fully understands this whole real estate game, and how to win at the game. You win it to gain by knowing the rules and a system monetizing your shit by having quality people in with you to make things happen. So if you're looking to invest, whether it's in single family homes and fix and flip, and you just want to be hands off, you don't want to be bothered with anything I have a really cool thing it's called Low Risk Max returns is a whole training process. Whether you invest with me or somebody else, check it out. It's a great system it shows you guys how to invest in securely in mortgages and notes how to get yourself a return that's substantially higher than anything else that you're used to. But how to also make sure you secure and you're safe with investing in these types of assets, the documents you need all that crap so go to low risk Max returns to check that out. And then again, if you just want to learn from me, I had a whole coaching thing I was doing years back I'm probably going to kick that back into gear as group coaching the one on one coaching this was a little tough for me just because a time of a group coaching. I'm going to be getting back into any of these things you want to learn about or you want to hit me up with go to Billyalvaro.com And on that website you could just fill out this form with Billy partner with Billy invest with Billy, one of those three. If you want to do anything with real estate hit me I'm there. And by all means follow me on Instagram, LinkedIn and Facebook unstoppable BA. I will be back next week. I appreciate you guys. Thanks for listening. Thanks for the comments. Thanks for following me and I wish you nothing but success get ready the ride is going to be a little bumpy and dumping a little crazy. The next couple of months it's going to be crazy. So buckle up, make sure you're dialed in. Because when we get through what we're about to go through there is going to be unstoppable wealth or the other side. Take care guys