Choosing the right finishes and knowing the basics of design can seriously boost your project's success on the market. Owner of IMPACT Investment & Design Firm, and returning guest Caron Nikole, will join us for this week's discussion. Caron will share her favorite (and least favorite) ways to put the finishing touches on a rehab project.
Kelsey Lee: Don't Get Stuck in eCLIPSE
Licensed Expediter, Kelsey Lee of Philly Kelsey & Co. will be speaking about eCLIPSE and how to navigate the digital filing while also showing some tips and tricks for the most common ways people get caught up in the process!
Robert Luciani: Understanding the City's OPA
We know Real Estate taxes are based on the OPA's assessed value but have you ever wondered how the OPA (Office of Property Assessment) comes up with their assessed values? How does a renovation or addition impact that value? And why is there such a difference between the assessed value and market value? Join OPA Deputy Assessor, Rob Luciani, to get answers to these questions and more!
Michael Kogut: Lead Safety Requirements for All Landlords
Since last fall, all Philadelphia landlords are required to obtain a Lead Safe certificate for each property indicating that it is either lead-safe or lead-free before executing a new or renewed lease or receiving/renewing a rental license. Michael Kogut, President of NGT Lead Swipe, will discuss these new requirements, as well as the steps you'll need to follow, from setting up your eClipse account to scheduling an inspection and receiving the certification.
J'Vonn Forbes: Navigating the Rise in Construction Costs
Construction costs have reached record highs, and with no indication of them returning to pre-pandemic levels anytime soon, learning how to complete a quality renovation while keeping costs low is essential for small developers. How can you source lumber and drywall without blowing out your budget? What are other places you can cut costs to make room for the more expensive material? J'Vonn Forbes, a local contractor and owner of 548 Construction Inc., will help us answer these questions and more.
Julia Choseed: Construction Management
A rehab project's success is determined by the developer's ability to manage their construction team, create a realistic budget, and maintain quality work throughout the construction process. Julia Choseed, a seasoned real estate developer & licensed general contractor, joins us to share her pro tips. She will share her "do whatever it takes" mentality, and discuss how you can make the most out of your rehab project through effective construction management!
Jumpstart Loan Program: Best Practices
Whether it's your first application or your fifth, this session will help you avoid common mistakes we see during the loan process. Jumpstart Germantown and Jumpstart Philly staff will give you a behind-the-scenes look at our loan evaluation process and give you lots of tips to ensure a speedy evaluation of your loan application. We'll also discuss general recommendations that are helpful for any lender relationship.
H&H Settlement Services: Demystifying the Title Process
Going through the process of obtaining title insurance essential to provide protection against financial loss, yet it can be intimidating and confusing for first timers. Settlement service providers and title insurance companies will help you complete the necessary steps - and this week we'll be joined by Maureen Graham & Christina Roessner of H&H Settlement Services who will demystify the title process.
