Step 01

Property Review

Review the property, condition, appraisal (if available) and comps and assess where value-add opportunity may be.

  • Recent comparable sales for the area
  • Condition assessment and standout opportunities
  • Appraisal review
Step 02

Investment

Define a proposed scope of work with line-item estimates and allowances.

  • Property Max, as developer, applies its knowledge and best practices to maximize investment options
  • Full cost breakdown by category
  • Scope of Investment defined
Step 03

Value Add Analysis

Review current value, total investment, projected value, and net economic gain projected.

  • Review proposed investment options
  • Consider projected investment yield
  • Define a road map and take next steps
    • Topical work may be identified in an itemized scope of work
    • Moderate work may require design, architecture and permits
Step 04

Contractor Bidding

The proposed scope is bid by vetted general contractors and compared side by side.

  • Multiple bids on the identical scope of work
  • Licensing and insurance verified before award
  • General Contractor review and recommendation is made by Property Max
Step 05

Lender Bidding

Lenders compete to fund your project.

  • Rate, points, and terms compared across lenders
  • Financing sized to the scope of work with contingencies priced in
  • Fund your own project to skip this step and save on financing costs
Step 06

Implementation

Property Max acts as an intermediary to manage and oversee your project.

  • Scope and process definitions
  • Legal and documentation
  • Design and permitting oversight
  • Contractor and budget oversight
  • Close out and finalization
16 Grace Street after renovation 16 Grace Street before renovation BeforeAfter
Before$1,500,000After$2,995,000
See Case Studies

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