BACK

HOW WE DO IT

 

WHITE TIGER CONDO CONVERSION  

Condo Conversion, Done Well, Is An Art Form

 

YOUR ROADMAP TO CONDO CONVERSION SUCCESS

Embarking on a condo conversion journey can be daunting, but with WHITE TIGER by your side, the process becomes seamless and straightforward with minimal effort from you. Here's a breakdown of the key phases involved in our FTCC comprehensive service: 

I.  TAKE THE FIRST STEP:  BEGIN YOUR JOURNEY AND CONTACT WHITE TIGER 

Before embarking on a condo conversion journey, it's crucial to gain insights and clarity. Requesting a conversation with Jen Chan, the Founder and Creator of WHITE TIGER, is the initial step. During this session, Jen will offer an overview of the conversion process tailored to your project's specifics and discuss your plans and goals.

Are you aiming for short-term gains or long-term benefits? What potential value increase do you anticipate for your property? Are you considering ownership, leasing, or selling post-conversion? Have you contemplated your retirement and succession plans? Jen will address these queries and any additional concerns you may have, outlining the next steps to progress your project.

II.  SITE VISIT AND FEASIBILITY ASSESSMENT:  GUIDING YOUR CONDO CONVERSION JOURNEY

Our process initiates with a comprehensive site visit and walkthrough of your building and units. This step allows us to assess the feasibility of your project holistically. During this evaluation, we delve into various aspects, including the local approval process, necessary documentation, prevailing market conditions, qualifications, and other pertinent factors. Upon confirming that your property aligns with the criteria for conversion, we seamlessly transition to the next phase of our journey together.

III. EMBARKING ON YOUR JOURNEY:  PLANNING and DUE DILIGENCE

During this phase, we delve into the condo conversion process, exploring and identifying the best options tailored to your needs. We go over a snapshot of potential costs and benefits, forecast your return on investment, and outline the long- and short-term advantages. With a multitude of options at your disposal, we empower you to chart your own path forward.

Once you've made the decision to proceed, we introduce you to our exclusive Fast Track Condo Conversion™ program. We then enter into a comprehensive agreement that outlines the steps needed to successfully complete your conversion.

IV.  EXECUTING YOUR VISION:  MILESTONES AND ACHIEVEMENTS

We craft a tailored action plan specifically for your conversion project. This plan encompasses proforma estimates, a resource and financial strategy, and a thorough risk assessment. Additionally, we'll outline our due diligence process, discuss team selection, and our project tracking and monitoring system. Drawing from our network of trusted associates, we carefully hand-select the professionals best suited to execute your project on track with expertise and on budget.

V.  COMPLETION:  BRINGING IT ALL TOGETHER

During this final phase, we consolidate all components of the project. We ensure that every task is carried out and that all regulations at the city, county, and state levels are adhered to. Our team maintains continuous oversight of quality, risks, schedule, costs, regulatory compliance, and overall project status. We carefully review the service and quality of deliverables from each professional and contractor involved. We orchestrate all necessary local approvals and signoffs.

Following completion, we offer guidance on post-conversion obligations, including state and local regulations, homeowner association or community requirements, refinancing, insurance, and other pertinent matters. Congratulations!

WHITE TIGER will guide you through the condo conversion jungle, every step of the way.

 

Discover if your property is eligible for condo conversion

Call: 415-236-2426 or Email: whitetiger@whitetiger.us 

 

BACK