🔴 - To watch Part 1 of this project go here
https://www.youtube.com/watch?v=OaAaxXg3CKk
What do you need to be considering in terms of fireproofing a basement when making a conversion?
Having an experienced project manager on a property conversion can make a huge difference in terms of understanding this and also the time, resources and ultimately the value of the real estate investment you are making is enhanced.
In this video Real Estate Investor and former contractor, Chris Shebib takes you on an update walk-through of a construction momentum engagement at around 35-45% completion.
Chris points out some important elements at this stage of the conversion, including:
Resilient fire channel in the basement and drywall fire code
A guiding principle to consider in the placement of bedrooms
The Two-Phase Investing approach that’s possible with this property.
The Blue Orchard Two Phase Investing approach that we cover in our information webinars. Register for the next webinar https://blueorchardpropertygroup.com/webinar-fundamentals-and-trends/
00:32 Introduction
00:49 Construction Momentum Engagement - Part 2
01:00 Project Overview
01:04 30-40% complete in basement
01:20 Basement conversion progress
01:28 Kitchen & Living Room
01:36 Resilient fire channel
02:06 Fire code drywall
02:35 Kitchen rough-ins
02.55 Den
03:03 Bathroom
03.33 Width supporting walls versus length
03:25 2 bedrooms
03:45 One area - guiding principle for placement
04:01 Electrical panel
03.22 Stackable washer and dryer
04:46 Mechanical room
05:00 Entranceway
05:30 Upstairs Conversion progress - 45% complete
05:37 Kitchen
05:53 Living room
06:14 Bedroom
06:21 Bathroom
06:33 Stackable laundry
06:39 Bedroom
06:48 Backyard
07:02 Two Phase approach to real estate investing
08:07 Island plumbing rough-in
07:50 Bedroom
08.15 Meet Chris
The 5% Basement Rule Explained
https://youtu.be/0EaL-GX6MIw
Basement Conversions: When 2 Bedrooms Make More Sense Than 3
https://youtu.be/4R5LuaX3p9w
______________________________________________
Thank you for taking the time to watch. If you feel you got some benefit from this video, please like, comment and share it so others can get to access the knowledge. If you want to learn more about how I can help you with your own real estate investing goals, visit my website - https://BlueOrchardPropertyGroup.com - where you will find more resources on various options for real estate investing.
______________________________________________
🏡 Real estate investing TRAINING with Chris: https://shebib.com/
POPULAR PLAYLISTS for REAL ESTATE INVESTING
Learn about real estate investing fundamentals
https://youtube.com/playlist?list=PLliqcous2x9RCKC7rl3yN9hLT3IwWYocD
Learn about Multi-Family real estate investing
https://youtube.com/playlist?list=PLliqcous2x9SuA4bb0gw6BDdg5RGP4fDN
Learn about Guided Investing:
https://youtube.com/playlist?list=PLliqcous2x9Rp4aPD7RJCKDly9qg32RTG
______________________________________________
Have a question? Best to comment here on YouTube or Message on Instagram, Facebook or LinkedIn.
Follow me @
Instagram: https://www.instagram.com/chris.shebib/
Facebook: https://www.facebook.com/blueorchardpropertygroup
LinkedIn: https://www.linkedin.com/in/chrisshebib/
Website: https://BlueOrchardPropertyGroup.com
►SUBSCRIBE: https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
****
Disclaimer and Waiver – Blue Orchard Property Group/ Chris Shebib is not an investment advisor and is not licensed to sell securities. None of the information provided is intended as investment, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement, of any company, security, fund, or other offering. The information should not be relied upon for purposes of transacting securities or other investments. Your use of the information contained herein is at your own risk. The content is provided ‘as is’ and without warranties, either expressed or implied. ______________________________________________
About Chris Shebib & Blue Orchard Property Group
Chris Shebib is a realtor, speaker, coach and award-winning real estate investor. He’s been in real estate for 20+ years with a proven track record in both Canada and the United States.
He has managed hundreds of thousands of dollars of renovation and contracting projects in Canada and the US, bought and sold homes, helped generate returns on investment properties, received a National Top Investor Award and been featured in numerous national and real estate media.
Bottom line he has done a lot of the heavy lifting for you. Having been involved in all aspects of real estate, trying, sometimes failing, learning and developing the right formula so you benefit from all of that knowledge and realise your own dreams and implement your own wealth plan.
#realestate #realestateinvesting #realestateinvestment
______________________________________________
