WHITE TIGER CONDO CONVERSION
Condo conversion, done well, is an art form.
ROADMAP FROM START-TO-FINISH
WHITE TIGER will assess, strategize, orchestrate, and execute the daunting process of condo conversion from start to finish, with minimal effort by you. Here is a detailed description of the key phases and points involved in our comprehensive service:
I. INTRODUCTORY CONSULTATION: GETTING TO KNOW YOU AND YOUR GOALS
The first step for anyone considering a condo conversion is to request a complimentary consultation. WHITE TIGER Founder and Creator, Jen Chan will provide an overview of the process and discuss your particular project. What are you hoping to achieve in the short term and over the longer term? What is the potential increase in the value of your property? Do you want to own or lease your property out, or sell it after the conversion is completed? Have you thought about your retirement and your successors? Jen will address these and any questions or concerns you might have and identify the next steps.
II. PRELIMINARY ASSESSMENT: CANDIDATE FOR CONVERSION
We will conduct a site visit and walkthrough of your building and units to assess the overall feasibility of your project. Then we will discuss the local approval process, required documents, local market conditions, qualifications, and other factors. Once we determine that your property is a good candidate for conversion, we proceed to the next step.
III. INCEPTION AND INITIATION: PLANNING and DUE DILIGENCE
We will discuss the condo conversion process in detail and strategize about the best options available to you. What are the potential costs and benefits of a conversion? What is your likely return on investment? What are the long- and short-term advantages? There are countless options — we give you the flexibility to plot your own course.
If you decide to proceed, we will discuss our proprietary Fast Track Condo Conversion™ program and enter into a comprehensive agreement to complete your conversion.
IV. IMPLEMENTATION: MILESTONES and RESULTS
We plan and create your customized business and financial plan for the conversion. These will include proforma estimates, a resource and financial strategy, and a risk assessment. We will discuss our due diligence process, team selection, and project tracking and monitoring system. We will then hand-select the appropriate professionals from our network of reputable associates to execute the project.
We will prepare your detailed conversion plan that lays out the project, step by step. It will specify milestones and goals, describing why, how, and when they should be met. This, in essence, is the Master Plan for your conversion. Through careful planning and deployment of our project management system, we will keep your project on track and on budget.
V. EXECUTION and COMPLETION: PULLING IT ALL TOGETHER
In this final phase, we tie and put all the pieces of the puzzle together. We ensure all tasks are executed and all city, county, and state regulations are met. We continuously monitor quality, risks, schedule, costs, regulatory compliance, and overall project status. Close attention is paid to the service and quality of deliverables from every professional and contractor on the team. We make sure all necessary local signoffs are executed. Finally, we will provide post-conversion advice on continuing obligations, such as state and local regulations, HOA or community requirements, refinancing, insurance, and other matters.
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 OR book a walkthrough assessment to learn more about your project
Office: 415-236-2426 or Email: whitetiger@whitetiger.us