THE FAIRFAX 5 - flipping 5 houses in Fairfax , VA - Complete Solution

0.0 - THE FAIRFAX 5 - flipping 5 houses in Fairfax , VA

1.0- Criteria compliance
1.1- House market analysis (65% below market)
1.2-Neighborhood analysis
1.3- Houses selection
2.0- Units acquisition plan
2.1-Purchase package
2.1.1- Determine base offer
2.1.2- Pre-contractual agreement
2.1.2.1- Determine $ amount to take house of the market
2.1.2.2-Sign pre contractual agreement
2.2-Negotiation package
2.2.1- Pre-inspection negotiation
2.2.2-Post inspection negotiation
2.3- Inspection Plan
2.3.1- Schedule inspection
2.3.2- Attend inspection
2.3.3- House inspection report
2.3.3.1- Obtain and analyze report
2.3.3.2- Determine inspection report cost impact
2.3.4- Title inspection
2.3.5-Final walk through
2.4- House final closing documents
2.4.1- down payment
2.4.2-ESCROW deposit
2.4.3- Titling cost
2.4.4- obtain insurance
3.0- Planning package (design, estimate & schedule)
3.1- Estimate package
3.1.1-Pre house acquisition estimate (negotiation purposes)
3.1.2 Post house acquisition estimate (renovation purposes?)
3.2 Arch & ID
3.2.1- field dimension current conditions survey
3.2.1- Architectural design
3.2.1.1- Pre-design
3.2.1.1.2 Pre-design documents
3.2.1.1.2 Pre-design approval
3.2.1.2- Interior Design
3.2.1.2.1 Design documents
3.2.1.2.2 Design approval
3.2.1.3- Final design documents (for permits, estimates and
renovation)
4.0- Renovation plan

4.1-demolition plan
4.1.1- Resources plan
4.1.2- Demolition scope
4.1.2.1-Identify demo areas
4.1.2.2-Identify what needs to be recovered
4.1.2.3-Execute demolition
4.3- Partition package
4.3.1-framing
4.3.1.1-layout framing on the floor per plans
4.3.1.2- frame
4.3.2-insulation
4.3.3-sheetrock
4.4- Carpentry package
4.4.1- Doors
4.4.1.1-Door frame
4.4.1.2-Door
4.4.1.3-Door casing
4.4.1.4-Door hardware
4.4.2- Windows and opening
4.4.2.1 Windows
4.4.2.2 Trim
4.5-Electrical Package
4.5.1- Power
4.5.2-lighting
4.5.3- AV and data
4.6-Plumbing package
4.6.1- Heater
4.6.2- Pipes
4.6.3- Fixtures
4.7- HVAC package
4.8- Paint Package
4.8.1-Interior Paint
4.8.1.1-Doors
4.8.1.2-walls and ceiling
4.8.1.3-trim
4.8.2-Exterior Paint
4.8.2.1- Walls
4.8.2.2-Miscellaneus
4.9-Roof
4.9.1-Roof
4.9.1.1-Roof survey
4.9.1.2- Roof Maintenance
4.9.2-Gutters
4.9.3-soffit
4.9.4-fascia

4.10-Exterior walls
4.11-Landscape
4.12-Garage
4.13-Kitchen
4.13.1-cabinets
4.13.2-tops
4.23.3-appliances
4.14-Bathrooms
4.14.1- Finishes
4.15.2-fixtures
4.15-Floors
4.15.1- Hardwood
4.15.2- Carpet
4.15.3-Tile
4.16-Punchlist
4.16.1-punchlist
4.16.2-touch-ups
4.16.3- detailed cleaning
4.16.4- Owner's walk through
4.17- County inspections
4.17.1-plumbing inspection
4.17.2- electrical inspection
5.0- Marketing Plan
5.1-Pricepoint
5.2- Advertising package
5.2.1-Content package
5.2.1 Photo shoot
5.2.2 House description (text)
5.2.2-Media promotion products
5.2.2.1-Web
5.2.2.2-Print
5.2.3-Listing
5.3-Open house
5.3.1- Advertisement
5.3.2-Arrangments
5.3.3-Public relations
5.4-Offer review package
5.4.1-Paperwork/background check
5.4.2-House Inspections
5.4.3-Financial requirements
5.4.4-Evaluate offer

5.4.5-Follow up
5.4.6-Closing
5.4.6.1-Show paper trail
5.4.6.2-Survey
5.4.6.3-Tittle insurance policy
5.5.2.4-Settlement statement
6.0- Closeout package
6.1- Closeout documents
6.2-Financial report review
6.3-leasons learned report
7.0-PMO package
34 packages
80+/- activities