Run a renovation project
Turn a deal into a project
# Turn a deal into a project
> Move a closed deal into a renovation project so you can track phases, budget, and contractors separately from the deal.
Once you've closed on a property, you can turn that deal into a renovation project. A project has its own phases, budget, team, and timeline, separate from the deal record you used to analyze and close on the property.
## Before you start
You need a deal that has reached the **Closed** stage on your Deal Pipeline board. See [deal stages](https://docs.reinvestorhub.ai/reference/field-reference/deal-stages/) if you're not sure how to move a deal there.
## Start the rehab
Open your Deal Pipeline board and find the deal in the **Closed** column of the **Acquisition Phase** tab. Any of these starts the rehab, and they all do the same thing:
- Select the **⋮** menu on the deal's card and choose **Start Rehab**.
- Use the **Start rehab** prompt on the card ("Closed. Ready to renovate?").
- Drag the card from the **Closed** column into the **Planning** column on the **Rehab Phase** tab.
Re:InvestorHub moves the deal into the Rehab Phase board and creates its renovation project for you at the same time.
> **What you should see:** a "Deal moved to rehab planning!" message, and the deal in the **Planning** column of the **Rehab Phase** tab. On the **Projects** page there is a new project named after the property, for example "123 Main St Renovation", with a **Planning** status badge.
> **Note:** Once the project exists, the deal card shows "In rehab. Track the work in your project." with an **Open project** button that takes you to it.
## What the new project starts with
| Setting | Starts as |
|---|---|
| **Project Name** | The deal's address followed by "Renovation". Rename it any time. |
| **Related Deal** | The deal you started from, so the two stay connected. |
| **Project Type** | **Full Renovation** |
| **Project Status** | **Planning** |
| **Budget** | **Simple** mode, with the deal's rehab budget as the **Total Project Budget**. If the deal had no rehab budget, the budget is blank. |
| **Progress** | 0% complete, health **On Track** |
| **Dates** | Not set yet |
## Finish setting up the project
Open the project from the **Projects** page and select **Edit** to fill in what the deal could not:
- On the **Timeline** tab, set a **Start Date** and a **Target Completion Date**, then add phases. See [Phases and tasks](https://docs.reinvestorhub.ai/guides/run-a-renovation-project/phases-and-tasks/).
- On the **Budget** tab, keep the single total or switch to **Detailed** to break it into line items. See [Budget and change orders](https://docs.reinvestorhub.ai/guides/run-a-renovation-project/budget-and-change-orders/).
- Change the **Project Type** if the work is narrower, such as a kitchen remodel. See [project statuses](https://docs.reinvestorhub.ai/reference/field-reference/project-statuses/) for what each status means.
## Start from the Projects page instead
You don't have to start from a deal card. From the Projects page, click **New Project** to open the same Create New Project form without a deal attached. In **Basic Information**, use the **Related Deal** dropdown to attach any deal that isn't marked **Dead**, not only ones that have closed. Everything else about filling out the form works the same way.
> **Tip:** Once a project reaches **Ready to List** or **Completed** and isn't already linked to a property, its card offers an **Add to portfolio** action. See [project statuses](https://docs.reinvestorhub.ai/reference/field-reference/project-statuses/) for the full status list and how projects move through them.
Move a closed deal into a renovation project so you can track phases, budget, and contractors separately from the deal.
Once you’ve closed on a property, you can turn that deal into a renovation project. A project has its own phases, budget, team, and timeline, separate from the deal record you used to analyze and close on the property.
Before you start
Section titled “Before you start”You need a deal that has reached the Closed stage on your Deal Pipeline board. See deal stages if you’re not sure how to move a deal there.
Start the rehab
Section titled “Start the rehab”Open your Deal Pipeline board and find the deal in the Closed column of the Acquisition Phase tab. Any of these starts the rehab, and they all do the same thing:
- Select the ⋮ menu on the deal’s card and choose Start Rehab.
- Use the Start rehab prompt on the card (“Closed. Ready to renovate?”).
- Drag the card from the Closed column into the Planning column on the Rehab Phase tab.
Re:InvestorHub moves the deal into the Rehab Phase board and creates its renovation project for you at the same time.
What the new project starts with
Section titled “What the new project starts with”| Setting | Starts as |
|---|---|
| Project Name | The deal’s address followed by “Renovation”. Rename it any time. |
| Related Deal | The deal you started from, so the two stay connected. |
| Project Type | Full Renovation |
| Project Status | Planning |
| Budget | Simple mode, with the deal’s rehab budget as the Total Project Budget. If the deal had no rehab budget, the budget is blank. |
| Progress | 0% complete, health On Track |
| Dates | Not set yet |
Finish setting up the project
Section titled “Finish setting up the project”Open the project from the Projects page and select Edit to fill in what the deal could not:
- On the Timeline tab, set a Start Date and a Target Completion Date, then add phases. See Phases and tasks.
- On the Budget tab, keep the single total or switch to Detailed to break it into line items. See Budget and change orders.
- Change the Project Type if the work is narrower, such as a kitchen remodel. See project statuses for what each status means.
Start from the Projects page instead
Section titled “Start from the Projects page instead”You don’t have to start from a deal card. From the Projects page, click New Project to open the same Create New Project form without a deal attached. In Basic Information, use the Related Deal dropdown to attach any deal that isn’t marked Dead, not only ones that have closed. Everything else about filling out the form works the same way.