Most home buyers today are looking for homes in move-in condition. Renters do not want to lease a property that is not in good shape. These are reasons that 93% of asset property owners are investing in rehabilitation to make their properties more attractive. Not surprisingly, 82% of REO owners and managers say that an investment in property improvement is one of the most effective ways to attract consumers and improve profitability.
The Charter Construction team knows that the faster you can get your asset properties market-ready, the more quickly you can generate revenue. In an industry where it can take six weeks to six months to complete a real estate rehabilitation project, our average rehab cycle is less than 30 days.
We have the technology, team, and experience to do the job right, produce high-quality results, and complete projects fast.
Maximize Returns and Minimize Costs
The best part is that Charter Construction handles everything for you. As a residential construction management company, we source, hire, and manage subcontractors and local trade contactors, suppliers, engineers, inspectors, insurance, and warranty companies so you do not have to.
With more than 40,000 completed REO rehab and residential construction projects, Charter Construction knows how to get the job done quickly to get your asset properties market-ready faster.
Make Essential Repairs
Charter Construction’s nationwide REO services will make the necessary repairs to get your property to meet local codes and regulations. Long-term relationships with local craftsmen in nearly every major market in the country provide deep insight into exactly what it takes to pass inspections.
Complete Renovations that Drive High ROI
With decades of experience in residential construction management, the team at Charter Construction knows which types of renovations yield the highest returns. This lets you maximize returns without spending money on items that will not improve your bottom line.
Improve Curb Appeal
You know that curb appeal is crucial in attracting buyers or renters. For most people, the search starts by looking at properties online, so if your property does not present an attractive appearance, it may not get another look. Charter Construction knows the inexpensive updates you can do to properties to make them pop.
Get Properties Market Ready Faster
Working with Charter Construction has several key advantages that reduce your workload and get properties ready fast.
Labor Management
One of the most challenging aspects of residential rehabilitation is finding qualified skilled labor. A nationwide shortage has left many contractors unable to take on work or caused multiple delays in completing projects. If you are trying to manage projects yourself, even sourcing and vetting subcontractors can be difficult, especially if you are doing it remotely.
Charter Construction has access to high-quality professionals that are ready to be put to work.
Flexible and Dependable Supply Chains
Nearly every industry has dealt with supply chain disruption over the past few years. Construction has been particularly hard hit, often extending the time it takes to complete renovations. Charter Construction has developed multiple suppliers and an extensive supply chain to make sure your projects have the materials needed to do the job.
Because we manage multiple projects, even if there is a problem getting materials, we can often shift items from other projects to make sure we can stay true to timelines.
Technology
Technology is at the heart of Charter Construction’s operation. With a customized enterprise resource planning (ERP) system, we communicate with all of our partners to offer complete transparency and peace of mind. You will always know where projects stand and what is happening at any moment.
The field team is also fully equipped and trained in project management technology, providing real-time updates and access to necessary documentation at the work site. This saves significant time and reduces field errors.
Customized checklists align with your goals and ensure everything gets taken care of for every real estate rehab project.
Turnkey Services
Charter Construction offers turnkey services to turn non-performing properties into profitable assets. Services include:
- Home repairs
- Trash and debris removal
- Remodeling and renovation
- Property preservation
- Remediation services
- Pre-market cleaning
We handle everything you need to get your properties market-ready and make your rehab process as easy as possible. Charter Construction guarantees your project will be completed on time using skilled and dependable craftsmen.
Want to get your asset properties market-ready faster? Get in touch with Charter Construction Group today at 866-268-1632 or request a consultation for more information.