
Mo’ Units, Mo’ Problems - Intro to our Largest Project to Date - 48 Units on the Atlantic City Boardwalk
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About this listen
This week, John and Ryan introduce their largest project to date -- a 48-unit condo building in Atlantic City called La Renaissance. The duo details the challenges they face in every phase of the project, from pre-closing obstacles to mechanical systems and everything in between.
[00:00:02] Renovations of Atlantic City Condo Building [00:03:49] The Deterioration of a Timeshare Building in Atlantic City [00:07:34] The Complexities of Buying Big Buildings [00:11:20] Acquiring Title for a Challenged Building [00:14:22] Purchasing Property Without Inspection: Renovation Challenges [00:18:18] Challenges of Renovating a Tall Building [00:21:44] Renovating a commercial building with complex systems [00:25:18] Navigating Complex Building Systems [00:28:50] The Cost and Condition of Elevators [00:31:52] Renovation Progress Updates [00:35:18] Renovating a Large Building for Short Term Rentals [00:38:28] Designing a Unique Hotel Experience [00:41:42] Challenges of Renovating Large Building [00:45:19] Determining Cost Basis for Building Renovation [00:48:45] Leveraging contractor bidding for better pricing [00:52:11] Considerations for Occupying a Building [00:55:34] Challenges in Construction Project [00:59:00] Water Penetration Issues in Atlantic City Building [01:02:00] Handling Stress and Excitement in a Project [01:05:04] Year in Review and Building Updates