Jonathan CroninREI Accelerator, Rei Accelerator · Multifamily Real Estate Investor & Coaching Leader

Why We Hired Two Construction Crews to Compete on Our 34-Unit

8 Oct 2025

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YouTube video segment (spoken by Jonathan Cronin) describing construction management decisions on a multi-unit renovation: they retained existing construction and management companies, started with companies already working on the adjacent property, and are running two construction crews on separate four-unit buildings in direct competition for cost and efficiency, with the winner receiving the remainder of the contract.

We have been down to the property several times doing construction management. We decided to keep the construction company and the management company that were already in place. They're also the companies for the adjacent property, and we decided to start with them. However, I'll be honest, guys, we are looking to optimize everything we can. My partner does have construction management experience, and so now we are. We're actually dealing with two construction companies renovating separate buildings with four units each. And they're kind of competing against each other right now in terms of cost and efficiency. And whoever does the best job will. Will get the rest of the contract. You.