Feb 14, 2022
Project Management from a Contractor's Perspective
If you have been flipping houses for years or just starting out, investors of ALL levels will benefit from listening to this episode! Phil Tudor is a real estate investor AND a general contractor. Before he begins every project, he sets clear expectations with his contractors. In this episode, he shares his pre-project systems along with his during project systems.
Make sure you listen all the way through because he has some amazing tips and tricks that will help you to find and retain talented contractors!
Phil Tudor has a very extensive background and upbringing in the construction industry from the mentoring and guidance of his father who ran a construction company for 30+ years and is now in code enforcement and a building inspector. In 2015 Phil founded his own construction, landscaping, and painting business which he still operates today. Phil started by doing property preservation work for Fannie Mae REO properties which included removing debris, general maintenance, small repairs, and winterizing properties. After acquiring 60 properties and becoming the #1 contractor in Southern New Jersey for Fannie Mae, he leveraged that into providing renovating services for investors and residential homeowners.
In 2017 Phil was determined to become a real estate investor himself and joined Fortune Builders, a top-rated real estate education company. During that time he founded Steadfast Homes and acquired and renovated 3 properties in his first year. That new real estate company went on to partner with Anchored Homes and help do 30+ flips, and 30+ rentals within 2 years.
Phil applied his personal construction knowledge, his Fortune Builders education, and leadership skills to oversee all construction projects within the Anchored Homes-Steadfast Homes partnership. He oversaw and managed up to 10 projects at a time! These projects’ renovation budgets ranged from 10k – 125k.