Housing Rehabilitation (Remodeling) By Mick Martin MRM Enterprises

Rehabilitation vs. New Construction Rehabilitation (Remodeling) is work performed on existing structure to modify, upgrade, repair or replace New Construction is starting from scratch to create an entirely new structure or addition Note: an addition to existing structure can be considered new construction or remodeling depending on how extensive the work

Contracts and Codes Get it in writing Complete Proposal – check your costs, include Overhead & Profit (O&P), present proposal, get signature(s) and deposit Be aware of construction codes (HVAC, electric, plumbing, framing, ground disturbance, etc.)

Licenses, Insurance, Bonding and Permits Licenses are required for contractors – categorized by job size, company size, state & federal regulations Maintain proper insurance to protect your company, workers, and your client Bonding may be required depending on job Permits may be required depending on job (HVAC, electric, ground disturbance, etc.) Note: Know your code requirements

Starting the Work Expect the unexpected (in remodeling) Set start time, and start on time Make prior preparations for material delivery and site plan Instruct all workers and sub contractors with work to be performed Communicate with your client

Show Me The Money Funding the project – 50% / 50%, Draw System, Time and Materials (T&M), Overhead and Profit (O&P) Federal grants and loans HUD Hazardous material abatement, removal, or encapsulation (some state & local funding) Low income housing

The Be-Wares Hazardous materials Special licenses required Special regulations for working with and removal Examples – lead based paint, asbestos, oils, gases, waste dumps Note: always check before you dig or work

The Be-Wares (continued) Structural compromises Framing, foundations, roofs and utilities Structural engineer Know the codes and specs

The Be-Wares (continued) Dispute Claims Complete contract Communication Inspections Change orders Get it in writing

Completion of Contracted Work Communication is key – with clients, workers, suppliers, agencies Cleanliness is next to godliness – always leave a clean worksite Respect your client’s space – this is their home Under promise and over deliver

The Finished Project From a window repair to a complete re-do Get paid and maintain a client base Referrals come from exceptional work and satisfied clients One good job can lead to the next One bad job could lose you 50

The Paper Trail Computers create more paperwork not reduce it Client Contractor Government

Always Under Promise and Over Deliver – Your name is on the job!

Questions?? Thank you.