The PPR Property Revitalization Real Estate Investment Opportunity!

ThePPR – Property Revitalization Investment Opportunity –- Providing Passive Income and Building a Legacy for Investors!

PPR – Goal 1 – Providing Passive Income 

Why is Creating Passive Income Important To Everyone?

“Passive income is quite possibly one of the most important and central ways that the rich get richer. It’s how you detach your ability to earn from the time that you do have in a day. If you’ve ever heard the term, making money while you sleep,no truer words have been spoken. With passive income, you do make money while you sleep. You also make money while you’re awake. It’s automatic and simply keeps coming in.” Wunderlustworker.com

PPR Goal 2 – Build a Legacy

Why is Building a Financial Legacy an Important Addition to Your Financial Plan?

Legacy building is the concept of carrying on your wealth from one generation to the next and the next.

Unfortunately, only 56% of American retirees plan to leave an inheritance for their children. Most believe they won’t have any money to leave their kids after they make it through retirement. But by following a retirement investing plan that works, you can leave a legacy of responsibility as well as a financial legacy that can affect your family and community for generations to come. chrishogn360.com

Questions From Potential Investors – We’ve had tremendous interest and received many valuable questions from potential investors! We appreciate both! Most of the questions were focused on:

Potential Investors – Update on the PPR Property Revitalization Real Estate Investment Opportunity

  • Types of towns would we’d be targeting?
  • Style and availability of building we’re searching for within the towns?
  • Types of tenants we’d be adding to create income and value?

An equally important question – People want to know the financial goal established by management for the PPR investment? They are simple and obtainable:

  • Substantial Ongoing Income
  • Sizable Capital Appreciation
  • Tax Incentives

Note: Another of the PPR investment goals is to provide an investment opportunity for both active and passive investors – as well as are replicable model for Building Wealth and Creating a Legacy!

Where PPR Property Revitalization is in the Developmental Process? 

The Stage 1 Investment structure is somewhat flexible at this point to accommodate the needs of specific potential investors. The intended outcome is to create a Stage 1 investment team that is dedicated to carefully and profitably expanding on the PPR – Property Revitalization model on a national basis. Stage 1 investors will participate in all of PPR’s Brick & Mortar investments with no requirement for additional funding!

TheStage 2 Investment opportunity in specific towns and buildings is moving fast forward with site evaluation in towns and looking at specific buildings. As soon as the Stage 1 investment offering is completed, we will be making the Stage 2 investment opportunity available – This brick and mortar investment will be the first in a series of offerings for the revitalization of vetted buildings in carefully selected towns. Stage 1 investors will participate in all of PPR’s Brick & Mortar investments with no requirement for additional funding!

Have a Question or Comment, please send aa email or text — [email protected] or 216.577.5579

An Unusual Investment Opportunity That Has Tremendous Near & Long Term Potential!

Properties, Probe & Renovation (PPR) is excited to announce the creation and availability of the first in a real estate investment opportunity, real estate investments, investment opportunityseries of real estate investment offerings. 

The first, Stage 1, provides the investor an opportunity to participate as a Member of the Parent Company. Investors will participate in an uncommon and diligently crafted investment with the goal of providing investors:

  • Substantial Ongoing Income
  • Sizable Capital Appreciation
  • Tax Incentives
The investment criteria and strategy will be targeting smaller historic towns and older mixed-use buildings that will be revitalized to include: retail tenants – possibly a tavern and small town investments, historic building investmentspatio and additional boutique shops on the 1st Floor with upscale apartments on the Upper Levels. Site selections will be all about Location-Location-Location! 

Each building selected will stand on its own and be offered to Stage 2, 3, etc. investors. Stage 1 Investors will have an interest in each of these buildings with no additional required investment.

Units for Stage 1 are available starting at $6000.

Want more information? We’ll send you a One Page Summary, a Two Page Introduction and/or a Simplified Business Plan! Just text or email me your request and/or questions. Phil – 216.577.5579 or [email protected]

Take a look at this one page description of PPR’s Opportunity – 

ppr investment summary, real estate investment, real estate opportunity, diversified investments,

How To Stretch Your Home’s Square Footage!

Check-out the Link below for “steps to converting a basement space” – or basement conversion, home renovation, project manager, home inspectionattic – into an apartment! Before starting, get a thorough Diagnostic, Forensic Inspection of the Structures and Systems!!

When you’ve decided it is time to take the 1st steps toward the desired renovation, work with a Project Manager(PM) who can oversee the renovation details from inception to completion.

The PM will be your WatchDog to help assure the project is on time and on budget!!! They will help keep your individual and family sanity.

Want more information about Inspections and the role of a Project Manager? Visit – www.propertiesprobeandrenovation.com or Call Phil to discuss your thoughts – 216.577.5579

https://s3da-design.com/convert-basement-apartment/

Do You Want To Stay in Your Home as You Grow Older – Aging in Place?

Aging in Place Means Enjoying Where You Have Lived for Years and Continuing to Build Memories!

The Facts – Nearly 90 percent of people over age 65 want to stay in their homes for as long as possible, according to research by the National Conference of State Legislatures with AARP Public Policy Institute.

Here’s the Problem – ”There are more than 100 million homes in U.S. cities, suburbs and rural areas, yet only about 1% of them are conducive to aging in place, says Rodney Harrell, director of livability thought leadership for AARP, who serves as the organization’s housing expert. Meanwhile, 10,000 Americans turn 65 every day, and more than 80% of those 65 and older say they want to stay in their homes.”

Here are Solutions – At Properties, Probe & Renovation (PPR), we firmly believe that to is essential that you plan ahead for the required changes to make your home accessible, safe and enjoyable before it becomes a necessity

There are seven proactive moves you should make to assure your future happiness in the home you love:

1) Personal Planning – Think about what you want and what you need – for the moment don’t consider the cost and how the renovations will be paid for.  

2) Begin the process by working with a Project Manager (PM) – The PM will be your WatchDog! Your eyes aging in place, staying at home, aging with dignity, assisted livingand ears working with you to select and coordinate required professionals – Architects, Engineers and Designers (keep waiting to consider the cost and how the renovations will be financed). 

Why a Project Manager(PM)?

It’s simple! The PM will be at your side – your WatchDog – from the inception of the renovation to the completion representing all of your interests with a focus your specifications, budget, timeline and peace-of-mind. You’ll be able to continue your lifestyle during all stages of the renovation whether you are in or out-of-town!

Think about it this way – A PM is similar to the Manager of a sports team. They do the planning, consider strategies, organize the players and orchestrate the game from start to finish. The manager provide provides the owner and fans Winning Results when they are successful.

3) Engage an Architect, Designer and Engineers as needed. With the assistance of the PM review the renovations you have in mind and discuss the feasibility (keep waiting to consider the cost and how the renovations will be financed).

4) Working with your PM to have your home thoroughly Inspected – not a traditional low cost inspection generally performed by one person for owners selling or buyinghome inspections, house inspections, property inspections homes. You need a forensic, diagnostic inspection checking all structures and systems. You want to avoid unexpected surprises as you begin the renovations and continue to live in your home (keep waiting to consider the cost and how the renovations will be financed).

Note – PPR will perform a Diagnostic, Forensic Home Inspection to provide you Financial Security and Peace-of Mind! 

5) Working with your team – The PM, Architect, Engineer(s), and Designer – develop a renovation cost analysis/budget. Note – Include at least 20% in added costs for material upgrades, added labor costs, and the unexpected. 

6) Meet with your Financial Planner and/or Wealth Manager – Now is time to consider the cost of the desired renovations and how they are best paid for! 

Note – At this point you and your planner(s) should consider many financial factors including: Your liquidity, impact on the home’s value after the renovations, tax ramifications, insurance costs, and your estate planning.

7) Organize & Declutter Your Home – The amount of home decluttering, home organizing, goods that can  accumulate after living in the same house can be overwhelming. Once you have a plan for renovations, you can plan your decluttering strategy

Note – Here’s an idea, take some before photos of your rooms and look at them with a friend or relative whose opinion you trust. Talk with them about your renovation plan and what you need to take out to achieve your desired look and results. This will help motivate you to declutter and get rid of everything that doesn’t contribute toward your goal. 

Make sure all work areas are cleared to protect your possessions and to provide working space for the trades. Decluttering and organizing rooms can be a monumental task!

Think about whether you want to take on the task of decluttering yourself, or whether to work with your PM to find a professional organizer like PPR to help you declutter.  

Aging in Place is more about Planning and Execution than Affordability!  While you may think that renovations targeted for staying in your home are an expensive luxury, consider the following, “A major home remodel can cost thousands of dollars. But it’s often less costly than senior living alternatives. A basic unit in an assisted living facility, for example, runs about $43,000 a year”, according to the latest Cost of Care survey from Genworth Financial.
A recent article in the Washington Post on August 11, 2018 titled “To grow old in your home, renovate accordingly” emphasizes “If you plan to stay in your home well into yourrenovating, remodeling, renovation timing golden years, doing renovations before you retire can make your house more safe and accessible” The article goes on to point out, “But many wait too long to make needed renovations, says Marianne Cusato, an adjunct associate professor at the University of Notre Dame’s School of Architecture. ‘You don’t wait until you have mobility issues to make changes to your house,’”
Renovating your home for aging in place can be a smart lifestyle change and sound financial move – Find Out More!

Do You Want To Stay in Your Home as You Grow Older?

Do You Want To Age in Place But Have Some Serious Questions?

Then Let’s Talk Now!

We’ll explain how the PPR Renovation WatchDog will save you dollars, reduce your stress, assure a quality project which meets your specifications, and deliver Peace-of-Mind! 
project manager, condo renovation watchdog,Shoot Phil Eide a text or give him a call…he’s President of Properties, Probe, and Renovation (PPR). He’ll discuss our process, pricing, and scheduling with you. Here’s the text or call number216.577.5579 

Are You Planning or Starting the Home Renovations of Your Dreams? STOP NOW & TAKE ACTION!!

   Planning The Home Renovations of Your Dreams??
STOP!!
Have you Hired Your Renovation/Construction
Project Manager?? If not – Act Now!

What in the World??? Sometimes it takes a bit of over-dramatization to make a point. You decide after considering this statement from Financial Samurai.

The residential building business makes the auto service business look like a Girl Scout lemonade stand business. Everybody needs to Stop your home renovation, project management, construction project management take their cut…!

The reason why home remodeling projects always cost more and take longer than agreed upon is because the general contractor and all the sub-contractors are trying to extract as much money as possible from homeowners.”

What’s the Counter Attack??? The most effective way to be in control of renovation/construction planning, budgeting, co-ordinating, vetting, implementing, controlling, and managing timelines from beginning to end is to hire an ever-vigilant, loyal, onsite oversight WatchDog…And that is exactly what PPR Renovation/Construction Project Manager is…your ever-vigilant, loyal onsite oversight WatchDog!
Your Standards. Your Specifications. Your Budget. PPR will work with you, your Architect, your Engineer, and your Designer to assure that your Renovation Project meets your cost and quality expectations. If you are willing and able to undertake a renovation to achieve a quality of living and space which meets your satisfaction; then, you hire a PPR Project Manager to make sure the process is expeditious and the finished product is on-the-mark.
Do you have a Home Renovation Project in the Planning renovation management, project management, condominium renovation, renovating a condoStage? Then Let’s Talk Now! At the very least, you will learn why a Project Manager is so vital to any renovation/construction project…Tell PPR about your Home Renovation Project and we’ll explain how a PPR Renovation/ Construction Project Manager will be your WatchDog to save your dollars, reduce project manager, condo renovation watchdog,your stress, assure a quality project which meets your specifications, and deliver peace-of-mind.
Shoot Phil Eide a text or give him a call…he’s President of Properties, Probe, and Renovation (PPR). He’ll discuss our process, pricing, and scheduling with you. Here’s the text or call number216.577.5579

Here’s the website: www.propertiesprobeandrenovation.com

Watch Out – Standard Home Inspections Provide a False Sense of Security!

Look Below the Home’s Surfaces! A Standard Home Inspection may provide you with undeserved, short term Peace-of-Mind! They don’t even scratch the surface of the house to find potentially costly problems.

It’s essential to get a home’s structures and systems thoroughly home inspections, house inspections, forensic home inspectionsinspected before starting that Home Renovation!

Why? To avoid costly surprises!

Investing in a diagnostic, forensic inspection is just Good Business! It will give you peace-of-mind and avoid major costly surprises.

What you don’t know will hurt you and the surprises will lead to costly surprises! We at Properties, Probe & Renovation (PPR) highly recommend contracting with professionals for a Diagnostic Forensic Home Inspection provided by a team of skilled tradesman and managed by a Project manager that represents your interests! Yes – PPR provides this service! Want more info? Call 216.577.5579 —Your sanity and wallet are at stake! 
project manager, condo renovation watchdog,Let PPR be your WatchDog! 

Planning a Home Renovation? Get a Diagnostic Forensic Home Inspection YESTERDAY!

Your Home Renovation’s Costs, Timelines, and Quality home inspections, house inspections, property inspectionsControls – as well as your Sanity – may be determined by whether you invest in an in depth, top to bottom diagnostic forensic Inspection of all the Home’s Structures and Systems.
When it comes to Home Renovations, what you don’t know will hurt you! The inspection will neutralize the sayings “Expect the Unexpected” and “If It Can Go Wrong, It Will”!
What’s Behind Your Walls? Whether you are a Do-It-Yourselfer or working with a Renovation Construction Project Manager or even a Contractor, all the structures in your home are fed by the same systems—electrical, plumbing, sewer, HVAC, etc.
Do you actually know how healthy any of those systems are in your home?? Because, chances are really strong that there are faults in one or more of those systems. Investing in a renovation project whose faulty systems are connecting to your new project means ripping out the new to make the repairs in addition to repairing the faults elsewhere in your home. That situation is not just a bad dream…that’s called a NIGHTMARE…
Solution? Find out about your home’s structures and systems BEFORE you begin your renovation. And do so in a thorough way using vetted skilled professionals to perform a Diagnostic Forensic Inspection of your property’s structures and systems. We are PPR and that’s what we do. We do not offer a one and done service.
Do you have a Diagnostic Forensic Home Inspection job for us today?? Shoot Phil Eide a text or give him a call…he’s President of Properties, Probe, and Renovation (PPR). He’ll discuss our process, pricing, and scheduling with you.
home renovation, renovation wartchdog, project managerWe’re the WatchDogs whose job it is to represent your real estate interests…
to protect your property, its safety, and its value.
Here’s the number: 216.577.5579
           Here’s the website:            www.propertiesprobeandrenovation.com

STOP NOW – Avoid Home Renovation Nightmares – Get a WatchDog!

Are You Embarking on a Home Renovation Adventure? Be Prepared! Expect the Unexpected!! Hire a Project Manager to be Your WatchDog!

Before Starting a Major Home Renovations, think about thisrenovation disasters, project management, construction management – “If you were making a list of the top five riskiest financial ventures open to private people, major home renovations would be right up there. The potential for a train wreck is high unless you make absolutely sure it doesn’t happen…” Steve Maxwell – Considered one of Canada’s top handymen.

A Sad Commentary – Steve Maxwell continued with a lengthy story from a client – here’s an excerpt “I came home to find one of Mr. Contractor’s men sleeping in my basement, and another guy drinking beer from my fridge, but for his part, Mr. Contractor says these claims are all lies (even though he wasn’t on the site). His workers aren’t allowed to drink on the job. And ‘there’s nothing wrong with a guy closing his eyes for a few minutes on his break, is there?’” Problems like the above are not uncommon.

Don’t Drive Yourself and Family Crazy! When home renovation are underway, frustration, stress and disappointments are often the norm. Homeowners and their families face delays, cost overruns, flawed materials, dirty work areas and shoddy workmanship with little or no recourse. To assure the work is being done to specification, the homeowner is forced to be on sight at all times! Many times this is not possible. When you’re away – That’s when trouble begins!

The Basic $ Problem – Unfortunately, most homeowners are not able to supervise jobs on a day-by-day basis. Many General Contractors forgo having a supervisor onsite during every step of the process in order to lower project costs and keep within timelines. In addition, General Contractors work with the trades with whom they have a relationship. They often take overrides on the trade’s hourly wage. The General Contractors do not “Vet” the required trades to meet the owner’s specifications and desires! Remember – Every job should be checked and approved before the walls go up!

renovation management, project management, condominium renovation, construction managementA Simple Solution – Hire a renovation Project Manager like PPR to coordinate the project from inception to completion! Working with a renovation Project Manager removes the owner;s burden for overseeing the project to meet or exceed the owner’s budget, timelines and expectations.

First Things First – It is imperative that along with hiring a renovation Project Manager you get a Forensic Inspection of your entire home before embarking on a project. While potentially more costly than a traditional Home Inspection that takes a cursory look at you home and the systems [Generally $300 to $500], the Forensic Inspection will thoroughly examine all of your home’shome inspections, house inspections, property inspections, forensic home inspection structures and systems to determine their viability and compatibility with the planned renovation. The cost will be dependent on the number of skilled professional trades that need to be utilized to perform the inspection. You’ll be able to make decisions throughout the inspection process to help control costs and save money in the future. Remember – The complicated structures and systems involved with homes require sophisticated diagnostic capacities implemented by trained professionals!


What is the Role of a Project Manager for Your Renovation Project?

> Overseeing – The project(s) from inception to completion

> Planning and coordination – Working with Architects, Engineers and Designers

> Reviewing – Plans and Specifications

> Compliance – Secure permits and schedule inspections

> Insurance – Assists in securing proper coverages

> Budgeting – Each phase of the renovation and the entire project

> Vetting and Hiring – Contractors and trades as required to provide quality and timeliness

> Obtaining cost estimates and bids – From the skilled trades and material suppliers – Generally, at least 3 per specific project

> Creating and Updating Timelines and Coordinating the Trades – The various laborers and trades – ie. decluttering & organizing spaces, demolition specialists, remediators,, roofers, HVAC experts, plumbers, electricians, drywallers/plasterers, tilers, counter installers, flooring specialists, deck builders, and many more.

> Inspecting –  All deliveries for price, quantity & quality

> Returning all Unacceptable/Flawed Materials and Fixtures

> Managing Payments – For all materials and fixtures

> Inspecting all Projects – On a hour-by-hour/day-by-day basis

> Dealing with the Unexpected

> Coordinating the Payment of Trades

> Keeping Accurate Records and job site photos

Establishing & Maintaining Open Communications with You and all other Parties

> Acting as Your Eyes and Ears – Your WatchDog!!

The Difference Between a Project Manager and a General Contractors – Night & Day! The big difference between the two is project managers, project managers make a difference, renovation managementthat the General Contractor is hired to work on a project and to manage his people – the trades. The Project Manager is hired to oversee and represent the Home Owners interests from the projects inception to the completion. The Project Manager answers only to the Home Owner!

The General Contractor may or may not get the work done on budget and on time. The Project Manager makes sure the work is done to the Architects, Engineers, Designer and Home Owners specifications. The Project Manager must oversee the work of the Contractors when one is required!

About the Cost of a renovation Project Manager – Ask Yourself the Following – “Am I wealthy enough to afford the cost of unpredictable overruns, poor quality and workmanship and delays in predicted completion dates? What price do you and your family put on sanity?”

Making the Decision to Hire a Renovation Project Manager – Why hire a Project Manager for your Renovation Project? Chris Mascelli, Clerk of the Works/NYS Certified Code Enforcement Official offers a simple answer – “Because it will save you time, money, and frustration! A Project Manager = Project Success!”

In short, the Project Manager shoulders the responsibility of keepingproject management, construction management, home renovation management, remodeling management your project moving according to plan. The Project Manager’s goal is to manage the project so that it finishes on schedule and within budget, while still meeting building codes, plans, and specs and your expectations. Note – Your Project Manager will also assist with financing, developing timelines and calendars; vetting and hiring trades and on-site workers; developing a strategy for potential conflict resolution; and more.

project manager, watchdog, PPR WatchDogAre you a Home Owner, Potential Buyer, Real Estate Investor Planning a Renovation/Remodeling Project?

What to do next? Give Properties, Probe & Renovation (PPR) a call to discuss your project and the potential role of a Project manager. Whether or not you decide to work with PPR as your WatchDog, you’ll gain insights into how to avoid a Renovation Nightmare.

What can a Project Manager Do For You?

Tell Us About Your Project – PPR is a Good Listener!

Find Out More About Properties, Probe & Renovation (PPR) 

We Will Be Your WatchDog!

Email Phil Eide – [email protected] 

Text/Call – 216.577.5579

There’s More to a Home Inspection than Meets the Eye!

Home Inspections are Essential – When Buying, Selling and Home INspectionsPeriodically! This article points out what to “expect” from an Inspection. We at Properties, Probe & Renovation (PPR) would replace the word “expect” with “Demand”! Visit – www.contactppr.com

Getting an inclusive, in depth Inspection – what PPR refers to as a Forensic Inspection – is essential for you and your family’s safety, peace-of-mind and financial stability.

At PPR we have developed a Home Inspection methodology that utilizes sets of skilled trade professionals to look into the bones of your home and property.

Demand a thorough “Forensic Inspection”! Help Prevent Disasters! Want information or a quote? – Call or Text – 216.577.5579 or Email [email protected]

project manager, condo renovation watchdog,PPR will be your WatchDog!

The following article in the Washington Post outlines how to select  home inspector!
https://www.washingtonpost.com/news/where-we-live/wp/2018/06/18/inspecting-the-home-inspectors/?utm_term=.3c9bda34f1ae

Spring Is The Season – Avoid the General Contractor Related Renovation Nightmares!

There is a Cost-Effective Alternative to Working With a General Contractor – Most People Have Experiences or Heard About the Horror Stories!

(Partially Reprinted from our Blog of 11/13/2017 – By Popular Demand)

You’ve Heard the Horror Stories..And I’ve Been There Myself! Many years ago I depended on a GC to oversee a large renovation project only to find myself in the midst of continual project delays, inferior materials and installations and as a result, a project completed at a lesser qualityUsing a Project Manager - Making the right renovation decision!than the overall design had dictated plus many lost dollars. The GC made claims and promises he did not keep and I had virtually no recourse. I learned then how important an Owner Representative Project Manager is…one who provides onsite oversight to meet the owner’s objectives from project inception to project completion. Choosing a PM over a GC makes it possible to survive a renovation so that planned outcomes are realized with a minimum of unplanned disruptions, stress, sleepless nights, problems with partners, and financial losses!

Make Your Renovation Project Experience Rewarding – Hire a Project Manger(PM), NOT a General Contractor(GC)! The common wisdom is that a residential and/or commercial real estate renovation project requires a GC to head up the construction, which is only one phase of the project. Unfortunately, especially in the residential realm, most owners are not aware of the more comprehensive role which a PM plays in a renovation: managing a renovation project from design, through construction to completion. In other words, the PM oversees the entire project as the owner’s representative; the GC only operates during the construction phase representing his/her staff of trades and vendors supplying construction materials. The use of a PM is more common to commercial projects, and high-end construction and renovations. They are utilized by top architectural firms.

Unfortunately, most owners planning to begin a renovation project begin the construction process by interviewing and asking for bids from GCs only after working with architects and engineers during the design phase. The wiser course is for the owner to seek out a PM at the start of the design process who then moves into the construction phase understanding, visualizing, and executing the overall project design through onsite oversight.

Here’s Where Many Renovation Nightmares Begin! Not realizing that they have the PM choice, many owners try to find a GC thinking the GC represents their interests and will therefore work to meet their specific needs, complete the project on time and stay in budget. Most owners who have undertaken a renovation, however, encounter the following problems as a result of working with a GC because a GC is NOT the owner’s representative, but rather represents their staff of trades and their materials vendors.

Common GC Nightmares

Lack of Communications Systems Failures
Attitude Problems w/ Subcontractors Unfinished Projects
Starting & Quitting Times w/ Workers Missed Deadlines
Worker Cleanliness, Attire and Language Lack of Invoices and Documentation
Lack of Craftsmanship Project Cost Overruns
Substandard Materials and Installation Delayed Completion Dates
Lack of GC Project & Worker Oversight Lack of Transparency
Unfinished Projects Lack of Ongoing Accountability
Lack of Oversight Inferior Materials
Inferior Installations Expensive Litigation

Need More Info on the Difference Between a PM and a GC? Here are Some Details…

The Project Manager (PM) becomes involved in the owner’s renovation process during the planning/ pre-construction phase and continues to work on behalf of the client by overseeing the construction project on a day-by-day basis from start to finish. The PM vets the best of workers, trades, and subcontractors to complete each individual phase of the project with a concentrated effort to streamline project scheduling among the trades to keep the focus on quality, cost and time. By involving PMs early in the development process, the pre-construction design team is capable of making more informed decisions and the construction team is capable of deriving more precise cost estimates, thereby saving the client time and money. The collaboration between the client, construction Project Manager, architects and engineers results in a better-informed and more efficient project process, further strengthens relationships, and yields specific and overall project outcomes which best meet the client’s plan design.

 The General Contractor (GC) becomes involved after the architects and engineers have completed the plans and is responsible for only the management and coordination of the construction phase of a project. GCs are typically hired on by the client through a bidding process that integrates the advice from the client’s consultants, namely the architects and engineers. Often the lowest qualified bid is selected for the job. The GC uses his own staff, trades, subcontractors and materials vendors with whom he/she has a working relationship. Once the construction process is underway, the GC primarily interacts with the client through the architect. There is little to no effort made to foster an environment of cooperation and collaboration between the GC, client, and architect. Often, this results in misunderstandings, confrontations, hostilities and less than planned-for project outcomes.
 Item-by-item Comparison Between a PM and a GM

Project Manager (PM)

General Contractor (GC)

Works with Architects & Engineers at the beginning of the Real Estate Renovation project– Assists with design and purchasing

Bids on project after architectural & engineering plans are drafted – Not involved in the client, architect, or engineer’s design vision so execution can be compromised

Has the capacity to manage multiple types of projects

Often has expertise and workers focused on specific types of construction

Vets and hires the most expert trades and professionals to construct each job associated with the renovation, researches the best solutions for the design, and oversees materials quality and installation

Utilizes own staff, trades, and materials vendors with whom they have an ongoing relationship, often with cursory regard for the expertise needed for a given project

Trades and subcontractors hired by PM as the Owner’s Representative

Trades and subcontractors work for GC – Client has little or no say

Works with the client, architect, and designers to select materials compatible with the owners specifications

Generally works with the materials provided by the client through the architects and designers, and/or the materials vendors with whom the GC has a financial relationship, with minimal, if any, client input

As the Owner’s Representative, works with Architects, Engineers and specific trades to assure that all permits are obtained, work is to code, and that inspections go smoothly to protect the owner

Generally expects the Architects, Engineers and Subcontractors to handle permits, code violations and inspections with the responsibility for meeting code requirements left to the Client.

Works with client on paying trades and subcontractors when projects – or parts of projects – have been inspected for quality and approved when the job specifications have been met. Provides the client with invoices and daily work logs

Client pays GC who pays the Trades and Subcontractors and materials as agreed upon with client, most often without critical materials and/or project quality inspection and approval…GC may or may not itemize expenses and hours for the client

Communicates with the client on a daily basis – or as agreed upon. Total transparency re: the concerns, progress and costs of projects

Generally have limited communications with the client – unless there are major problems, delays or when more funding is required

Provides onsite oversight whenever work is being done on projects associated with the renovation, inspecting projects for quality as work is being done

Is on site only as needed by the trades and subcontractors with cursory oversight for quality of materials and installation specified by the project design

Here’s a Second Opinion About the Value of a PM vs a GC From a Leader in the Construction Industry…

Watchdogpm is an owner representative firm for large commercial and industrial projects and is not related to PPR. Watchdogpm says that before you decide whether to hire a Project PM or a GC for your next real estate project, you should …know the difference. And if you can’t decide, do your project a favor: hire a project manager who will manage your full project scope, not just construction.”

condo renovation management, project management, condominium renovation, renovating a condoHere’s the PPR Conclusion If you want a strong foundation for the real estate renovation project you are considering, it’s time to take the 1st Steps by putting together your management team: Architect; Engineers and Project Manager. Then your renovation project will be completed with a minimum of fuss and bother and a maximum of satisfaction and pride!

We’re good listeners at PPR and if you and we agree that the fit is right, our PPR WatchDog is ready, willing and able to protect your real estate interests by managing your full scope of project through onsite oversight–from inception to completion!

Are You Interested In What a Project Manager Will Do For You?

project manager, condo renovation watchdog,Tell Us About Your Project – PPR is a Good Listener!

                  We Will Be Your WatchDog!

                    Email Phil Eide – [email protected] 

          Text/Call – 216.577.5579