S and S Property Services
S and S Property Services provides services for residential real estate investors throughout the entire process of investment. Services range from initial strategy all the way through completion and disposition of the investment asset; be it through resale or hold for passive rental income. S and S Property Services provides outstanding assistance by utilizing systems that are adapted from proven tools used by a network of investors that have completed thousands of projects.
Workshop ARV Repair Estimate Review Renovation Project Management Investor Leads
Real Estate Investing Strategy Workshop
The first step is to commit to taking action. Someone interested in starting in real estate investing should move from consideration, to actually doing something toward that goal. The recommended path would be to create a realistic plan, one that includes actions that are both achievable and able to be measured. For this stage we offer a brief workshop where we will discuss the why, what, and how, along with a high-level plan for next steps.
Whether you’re looking to invest in new build and refurbishment schemes, collaborate on bespoke projects, or are an existing landowner with a joint venture idea, S and S Property Group, LLC has the collective skills and experience to translate your ideas. For a free consultation, contact the team today.
Investor Price Opinion
ARV
Determining a realistic value is truly foundational to the financial outcome of the project. Coming to this number is a bit of a judgment call, but it should be based on facts. In this service, we consider what homes in the area have sold for in the recent past, the condition of the neighborhood, how this property fits in the neighborhood, access to transportation, proximity to retail stores, restaurants, entertainment, schools, and employment hubs. All key factors to determining the ARV. The weighting of these factors is related to the target demographic of the prospective future buyer that will consume the results of the project, such as whether the home will be sold to first-time home buyers, families in need to upsize, families in need of downsizing, long-term lease, or short-term rental. All of these are considerations in determining an accurate ARV. Through this service, we provide you insight in these factors.
Repair Estimate Review
While ARV is the starting point in determining an offer price, generally the second number is the repair estimate. With this service, we consider the repairs needed to reach the ARV by utilizing the information from many projects that have been itemized and normalized to consistently estimate the cost of the work to be completed. This estimate is considered a wholesale value, one that a contractor may provide based on repeat business. This is often considerably lower than retail pricing that contractor’s normally provide to homeowners that cannot provide a steady stream of projects. This service is intended to provide an estimate, as actual cost can only be provided directly from your contractors. Knowing a target number in advance for the work to be done is very useful, should any additional negotiations be needed with your contractor.
Renovation Project Management
Concept through Final Punch-list
Renovation project management can be a complex prospect that requires a unique combination of technical management skills and the ability to coordinate and collaborate effectively with others. Effective project management is a critical aspect of overall project performance, as project managers make hundreds of decisions that directly impact the project schedule and budget. S and S Property Services can take on that role.
The role of project managers in residential renovation projects is to bear responsibility for completing each project in accordance with the performance objectives outlined in the contract. A project manager employed by a general contractor, or even subcontractors, oversees their portion of the project throughout its entire life cycle, but not the project as a whole. Key management responsibilities for a renovation project manager may include, but are not limited to:
Planning and scheduling the renovation from start to finish
Orchestrating resources effectively throughout the project
Managing contractors
Establishing and measuring performance targets
Managing the project budget
Real Estate Investor Leads
Data Driven Lead Source
S and S Property Services, LLC is a leader in data driven real estate leads. We have developed a system to utilize multiple data streams to identify prospects that are likely to be open to selling to an investor. We have multiple options available to provide this information to investors.