492 | The Key To Keeping Maintenance Costs Low In Rentals
MAR 23, 202658 MIN
492 | The Key To Keeping Maintenance Costs Low In Rentals
MAR 23, 202658 MIN
Description
Maintenance costs can feel unpredictable for real estate investors.And when you do not know who is making the decisions, how pricing is being managed, or what work really needs to be done, it can create stress fast.That’s why this week on the Not Your Average Investor Show, Gregg Cohen and JWB’s New Construction Senior Superintendent, Tom Leon, are taking you behind the scenes to show how JWB works to control maintenance costs before they turn into bigger problems.You’ll learn:✅ How JWB Helps Control Maintenance Costs Early: Why the biggest cost-saving decisions often happen before a repair is ever needed.✅ In-House Project Management Changes: How JWB’s construction team helps guide the work from start to finish, instead of leaving investors to manage the process.✅ Better Pricing Happens: Why having the right team and process in place helps create stronger pricing for clients.✅ Scope Management Matters: How clear oversight helps make sure the right work gets done without adding unnecessary cost or confusion.✅ The Vertical Integration Advantage: Why JWB’s model creates a smoother experience for investors during turns, renovations, and maintenance decisions.This episode is about the system behind the work and how it helps create a smoother, more thoughtful experience for investors.Listen NOW!Chapters:00:00 Low Maintenance Costs01:14 Show Intro Guest02:06 Market Update Promo03:25 Why Maintenance Worries04:47 Construction By Numbers06:49 In House Team Breakdown13:21 Managing Many Trades16:45 Vendor System Savings24:07 Investor Mindset Decisions30:10 JWB Standard Explained34:44 Vendor Fixes and QC36:42 Turn Payments and Holdbacks38:09 Renovation vs Turn Mindset43:23 Accountability in Vertical Model45:31 Live Q&A Vendor Onboarding49:35 Standardization and Materials50:25 Carpet vs Vinyl Decision53:53 Owner Approval on Turns56:33 Wrap Up and Next StepsStay connected to us! Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel @notyouraverageinvestor Subscribe to @JWBRealEstateCompanies 🌐 Facebook Group - https://www.facebook.com/groups/rentalpropertyinvesting📸 Instagram - https://www.instagram.com/nyai_community📸 Instagram - https://www.instagram.com/jwbrealestatecompanies