Interviewing Contractors for Your Projects - (Office Hours)

Key Takeaways: Contractor Selection Strategy: Always be networking and meeting contractors before you need them Not all contractors are skilled in every type of project (e.g., house builders aren't necessarily restaurant builders) Look for contractors with specific experience in your project type Contractor Engagement Approaches: Design-Bid-Build: Fully design project first, then get contractor bids Design-Build: Bring contractor in early to consult during design process Each approach has pros and cons depending on project scale and budget Networking Tips: Attend industry events like Urban Land Institute, ICSC, local Real Estate Investor Association meetups Build relationships before you need them Be open to unexpected connections and opportunities Investment Insights: Understanding and marketing an asset is crucial to its success The ability to tell a compelling story about an investment can impact its future sale value Always be learning and expanding your professional network Personal Updates: Recently spoke at Midwest Real Estate Investors Conference Onboarding a new admin assistant Expanding brokerage team due to increasing workload