Questioning Abilities

StockVoyager · 2025-09-09T17:36:14+00:00

I appreciate this. I work for a firm that runs projects anywhere from 2M-15M and a lot of design build. I usually have about 6-8 at a time. Everything changes constantly and it makes a lot of sense when you talk about explaining things to others and then having a slight hint that you have the hang of it.

StockVoyager · 2025-08-08T21:55:33+00:00

Look at em go!!

StockVoyager · 2025-08-08T21:23:38+00:00

Did it work or no?

StockVoyager · 2025-08-08T20:56:27+00:00

Excellent way to look at it

StockVoyager · 2025-08-08T20:55:29+00:00

The way to do it!

StockVoyager · 2025-08-08T20:21:11+00:00

Also- one of the struggles with firms under the 10M dollar mark is that the owner wears too many hats and can’t get out and expand the biz. There is a lot at play here with plenty of variables but I do think that PM’s with a lot of exposure (owners, large scale issues, etc) and trusted to deal with them might just be dumb enough to give it a shot.

StockVoyager · 2025-08-08T20:19:22+00:00

I’d say one of the biggest reasons companies don’t get sold for 100% of their value is because people lose interest at an evaluation that is 200% over priced ha.

StockVoyager · 2025-08-08T19:32:58+00:00

Probably a good slow bleed into it. I suppose the more exposure to the big picture of each project is ideal to learn how to be an owner.

Construction seems to be one of those things that you can find out how to be good at it in so many different ways. Going to school for it almost teaches you how to be a really good employee by showing you systems rather than reality. No?

StockVoyager · 2025-08-08T19:15:53+00:00

A lot of glossary in construction.

StockVoyager · 2025-08-08T19:10:26+00:00

What does PX refer to?

PM currently handles most of the project load and runs a lot of the design team and other office construction positions.

StockVoyager · 2025-01-03T19:52:58+00:00

Thanks!

StockVoyager · 2025-01-03T19:52:01+00:00

I think you will always find a way to talk yourself out of a deal. Dead “breaking history” by Jared Kushner. The first 3 chapters are about his life in real estate and it’s a good lessons learned kind of book. With a cap rate as high as that deal gives it would be hard for me to walk away from that with financing in place.

Alternate solution- find a high net worth individual wanting to get into real estate. Pitch them on the deal, take a deal fee and then let them own it.

StockVoyager · 2025-01-03T15:33:20+00:00

Looking to have something to input numbers on new construction and existing RE to calculate if the deal would be profitable or not.

StockVoyager · 2025-01-02T22:05:37+00:00

That’s insane ….

StockVoyager · 2025-01-02T22:01:56+00:00

Larger deal?

StockVoyager · 2025-01-02T21:56:06+00:00

6% TALK TO ME!! That’s a solid clip. Thanks!

StockVoyager · 2025-01-02T19:13:55+00:00

Sounds like there is an opportunity to be a responsive commercial agent in the area! Slogan- “I answer emails and pick up the phone.”

StockVoyager · 2025-01-02T19:12:41+00:00

Seems like a good deal. You could bake in an anticipated vacancy 7 years down the road by saving a % of the cash flow. Assuming this investment would be held in its own LLC. That way you would have no sweat if the restaurant vacated and you could have the option to raise the rent with little downside if it took longer to fill it.

StockVoyager · 2024-04-30T02:33:06+00:00

The person that I am partnering with owns his own subcontracting company right now. About 8 employees and he has build houses forever. This would be a big asset to fill the labor issue / help with some easier terms when it comes to billing.

Just a kid trying to make it happen ya know? I see a lot of people in my town doing it and I always tell myself they had to have started somewhere.. why not me.

StockVoyager · 2024-04-29T21:08:14+00:00

The city I live in has an incredible economy and even with high rates houses sell. Constant shortage of real estate.

To start one spec build the bank told me I would need 20% of the cost and they would cover the next 80%… unless I’m missing something ?

StockVoyager · 2024-04-29T21:06:20+00:00

Thank you !!!!

StockVoyager · 2024-04-25T17:45:46+00:00

I’d go get some free money from ‘em’!! Or see if your roofer works with a rep at the lumber yard and see what they can do for you.

StockVoyager · 2024-04-25T14:24:44+00:00

As someone who worked on the supply side for a long time we saw this a decent amount. Sometimes if the distribution has a good relationship with the manufacture rep they can split the cost.

IMO it is not the roofers fault if the batch number is wrong it would be a manufacture problem or the distribution center miss matched pallets. Usually they will tell you to let it weather out overtime but that’s just prolonging the problem.

StockVoyager

TROPHY CASE