Are All Builders a Big Pain in The Arse. Top Tips For Dealing With Builders (Speaking From Experience) With Dan Clarke
The Property Nomads Podcast · Rob Smallbone & Aaron Devoy
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Show Notes
Rob is with Dan Clarke from Clarke and Clarke Properties and host of the Babble podcast. They discuss the importance of getting the right team in place for any successful refurbishment. Any power team in property will include the builder so finding the right one is key.
Dan and Rob share their personal experiences both good and bad and explain in detail what’s important when working with a builder to make sure you get exactly what you want at the end of the project.
You don’t have to be in the town or city you are investing in – if you can visibly see what’s going on through WhatsApp, photos and there is a level of trust and good communication with your builder it can work brilliantly, listen in and find out what you need to do
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KEY TAKEAWAYS
- Communication is a huge part of working successfully with builders
- There needs to be trust but this can be lost very easily.
- You have to protect yourself t every step along the way
- Get a project manager in for your first project and then shadow them – what software are they using.
- Always keep the lines of communication open.
- Don’t react emotionally, it never ends well
- Building your own power team is key
- If you can build a team with great trust and communication then you’ve cracked it.
- Know what you want - Be specific the more specific you can be about exactly what you want the easier it is to get exactly the result you expect.
- Decide whether you or your business partner will be the communicator as one line of communication can really help ensure things are clear.
- Finance – If you pay in arrears, with payment at the end of each week, you can see the standard of work on-site before making payment.
- Letting agents can make good project managers it’s in their skill set and they enjoy all the nitty-gritty of rushing around with the added incentive of getting the rental contract at the end of the refurbishment.
- Get everything in writing and don’t be afraid to ask a question more than once.
BEST MOMENTS
‘There was no communication and builders were picking up from other builders combined with us manging the middle part of the build from away’
‘The first one talked the talk, did the initial rip out, put up the partitioning and then went insolvent’
‘Communication is a huge part of working successfully with builders’
VALUABLE RESOURCES
Email Rob at [email protected]
ABOUT THE HOSTS
Rob Smallbone and Matt McSherry, the hosts of The Property Nomads Podcast, are on a global mission to guide your success. Success can happen in many ways, shapes and forms. Think about what success means to you. More properties? More clients? Financial freedom? Time freedom?
Rob & Matt are just two guys who want to make a huge difference to people around the world. Rob & Matt are here to guide your success in property, business and life and to inspire you to achieve your goals, dreams and visions. They’ve travelled, explored, and invested. And they’re not planning on stopping these activities anytime soon. Buckle up, sit tight and enjoy the ride that is life.
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