Jon Steingraber

You can get it done faster. It's just on how you plan and how you set it all up.

You can get it done faster. It's just on how you plan and how you set it all up.

Well, not necessarily because if he had two guys, they would just be there longer.

Well, not necessarily because if he had two guys, they would just be there longer.

So he would be paying those guys over five days, right? Which is 10 days.

So he would be paying those guys over five days, right? Which is 10 days.

And it's all percentage of profit, right? If you're making a $200,000 profit, it's different than if you're making a $50,000 profit.

And it's all percentage of profit, right? If you're making a $200,000 profit, it's different than if you're making a $50,000 profit.

Yeah. Yeah, I mean, it all comes down to pre-planning, purchasing. And, you know, I don't hire general contractors. I hire a project manager. I typically pay them a percentage of the profit. Or I do a flat fee.

Yeah. Yeah, I mean, it all comes down to pre-planning, purchasing. And, you know, I don't hire general contractors. I hire a project manager. I typically pay them a percentage of the profit. Or I do a flat fee.

okay so the project manager is hiring directly the subs they're organizing everything and i i'm doing it with them and then you know but we're choosing everything ahead of time i think one of the most important things is people get caught up in i want this to be in a magazine you know and i'm dramatic but like they just want it to be the best thing yeah it's not necessarily what's the best for profit it's it's what's going to look the best on instagram i think that is such a big thing is people need to think about profit first right and no pun to the book but like

okay so the project manager is hiring directly the subs they're organizing everything and i i'm doing it with them and then you know but we're choosing everything ahead of time i think one of the most important things is people get caught up in i want this to be in a magazine you know and i'm dramatic but like they just want it to be the best thing yeah it's not necessarily what's the best for profit it's it's what's going to look the best on instagram i think that is such a big thing is people need to think about profit first right and no pun to the book but like

Yeah, you buy a house that has mold all over it, you have to gut it to the studs. That's right. I mean, you're not going to provide an unsafe property, right, for somebody. So not every property will qualify for the 24-hour flip business model. And to clarify, it's two 12-hour days. Right. So the first 24 hour flip that I did was literally 24 hours. And that's, you know, that's it.

Yeah, you buy a house that has mold all over it, you have to gut it to the studs. That's right. I mean, you're not going to provide an unsafe property, right, for somebody. So not every property will qualify for the 24-hour flip business model. And to clarify, it's two 12-hour days. Right. So the first 24 hour flip that I did was literally 24 hours. And that's, you know, that's it.

Yeah, that was that was I'm glad you said that. I mean, we almost we almost died that day. Yeah. And it was horrible. So we just do it in two 12 hour days. Can you do it in three eight hour days? Yeah. You know, the idea is not necessarily to do a flip in 24 hours. It's to inspire people to do a three month renovation in seven days.

Yeah, that was that was I'm glad you said that. I mean, we almost we almost died that day. Yeah. And it was horrible. So we just do it in two 12 hour days. Can you do it in three eight hour days? Yeah. You know, the idea is not necessarily to do a flip in 24 hours. It's to inspire people to do a three month renovation in seven days.

Right. Just, you know, reduce your holding time, reduce the amount of stress and not for nothing. But when you have the plumber, the electrician, the framer and everybody on site on your property, what happens if you have an issue? You're like, hey, you call him. He's in the other room. You're just like, hey, come over here.

Right. Just, you know, reduce your holding time, reduce the amount of stress and not for nothing. But when you have the plumber, the electrician, the framer and everybody on site on your property, what happens if you have an issue? You're like, hey, you call him. He's in the other room. You're just like, hey, come over here.

You're not scheduling him. Yeah. Getting them here the next day before that guy can move on to his piece of the work. Right. You get things done. Right. And it's it's very unique. And the contractors freaking love it, Justin. Yeah.

You're not scheduling him. Yeah. Getting them here the next day before that guy can move on to his piece of the work. Right. You get things done. Right. And it's it's very unique. And the contractors freaking love it, Justin. Yeah.