Real Estate Investors Have Success with Proven Project Management Solutions
We plan, execute, and supervise residential renovations from start to finish using our project management solutions strategy.
We create homes for families at every price point. We create profit for every Investor from any budget.
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What We Focus on
- When it comes to managing a project, there are several key areas that require focus and attention. One important aspect is scope of work and budgeting. It is essential to carefully plan and allocate resources to ensure that the project stays within budget. This involves estimating costs, tracking expenses, and making adjustments as necessary.
- Another crucial element is building a strong team. A project's success often relies on the skills and expertise of the subcontractors involved. It is important to carefully select team members based on their qualifications and abilities, and to ensure effective communication and collaboration throughout the project.
- Contractor negotiation is also an important consideration. Scope of Work Estimate's terms and conditions, including timelines, deliverables, and payment terms. It is essential to negotiate fair and favorable contracts that protect the interests of all parties involved.
- Time management is another critical aspect. In any project, time is of the essence. Delays can have significant impacts on costs and overall project success. Effective planning, scheduling, and monitoring are necessary to ensure that tasks are completed on time.
- Responsibility is a fundamental principle in project management. Someone needs to take ownership of the project and be accountable for its success. This person should have experience and knowledge and be able to make decisions, and provide clear direction to the team.
- Lastly, renovations can be unpredictable. It is essential to be proactive in identifying potential challenges or issues that may arise during the renovation process. This includes conducting thorough assessments, having contingency plans in place, and regularly monitoring progress to address any unforeseen circumstances.
- By focusing on these key areas, a project manager can increase the likelihood of a successful project completion while minimizing risks and maximizing profit.
Project Manager vs. General Contractor
Every Renovation Job does not need a GC but Every Renovations Job needs a Project Manger!
The difference between a Project Manger and a General Contractor is that a Project Manger is focused on managing and making money for the project, while a general contractor is more focused on making money from the project. A project manager works directly with the real estate investor and oversees the execution of the renovation plan, assigning tasks to vetted subcontractors who work directly for their team. They co-supervise the jobsite progress and communicate the needs and expectations to all parties involved.
- General Contractors are hired to work and bring construction knowledge and skills to the project but NOT manage or protect your investment dollars.
- GC’s commitments are more focused on making money off the project, a project manager works with the investor directly, and is focused on making money for the project
- Allman Reno and Realty partner with investor to oversee the execution of the renovations plan.
- The Pinkhammer’s Project Management system assigns tasks to the vetted sub-contractors who work directly for our team and not indirectly through contractor with added upcharges.
- Jobsite progress is co-supervised along with contractor. No leavingalkthroughs to deceptive pictures send by contractor.
- The Project Manager conveys the needs and expectations to all parties involved
- All these risk- minimizing practices to stay on budget and maximize profit.
