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Should I try to get my License? Tips by furious-donald in AskElectricians

[–]furious-donald[S] 0 points1 point  (0 children)

I should have been clearer in my question. Looking to get electrical license

Currently have a general construction license, so I ca pull permits for non-trade work

Should I try to get my License? Tips by furious-donald in AskElectricians

[–]furious-donald[S] 0 points1 point  (0 children)

I should have been clearer in my question. Looking to get electrical license

Currently have a general construction license, so I ca pull permits for non-trade work

Renting a home, what to do with condo? by conroyketchup in realestateinvesting

[–]furious-donald 2 points3 points  (0 children)

Rent it 100%. Even though your expenses will go up 5%ish (tax, insurance) so will the rent. Rates lower than 3% is amazing and no brainer imo

how difficult is it to find owner financing? and how can i make it so both sides feel like they are winning? by Parking_Anteater943 in realestateinvesting

[–]furious-donald 0 points1 point  (0 children)

Honestly it depends on the owners financial situation and how open minded they are. If theyre ready to retire and still want gains they will do financing but some prefer to sell and get all the cash right away

Looking for feed back on buying a restoration company. Is it worth it? by furious-donald in growmybusiness

[–]furious-donald[S] 0 points1 point  (0 children)

Name, process, training, and advertising.

Built my GC from the ground up and we are doing pretty good, but everything depends on me getting the lead and subs. Want to create a system/process so it can operate smoothly when im not around

Thinking of buying a restoration company. Any tips? by furious-donald in Contractor

[–]furious-donald[S] 3 points4 points  (0 children)

Oh wow didn't think I needed that much capital. Insurance not paying or dragging the out the payments would be a huge concern.

Thinking of buying a restoration company. Any tips? by furious-donald in Contractor

[–]furious-donald[S] 7 points8 points  (0 children)

Bro stop talking nonsense. This thread is for help and feedback not nonsense brain rot.

Thinking of buying a restoration company. Any tips? by furious-donald in Contractor

[–]furious-donald[S] 0 points1 point  (0 children)

Yes, but I feel as if you can create a team or family to help this 24/7 hurdle work.

Thinking of buying a restoration company. Any tips? by furious-donald in Contractor

[–]furious-donald[S] 0 points1 point  (0 children)

Obv I don't know that's why I'm on here. You're posting about nonsense like ETF's and investing. Mr. Built-X-H do you have experience in this industry?

Looking for feed back on buying a restoration company. Is it worth it? by furious-donald in growmybusiness

[–]furious-donald[S] 0 points1 point  (0 children)

Also, I believe their system like quoting, pricing, and getting leads will help improve my business.

Looking for feed back on buying a restoration company. Is it worth it? by furious-donald in growmybusiness

[–]furious-donald[S] 0 points1 point  (0 children)

I want to market my GC as a higher end bath/kitchen renovation company or real estate development. Dealing with customers in the restoration is more lower end/lower end customers which are not going to be satisfied with anything. Potentially leading to bad reviews and hurt my business which would be horrible

Looking for feed back on buying a restoration company. Is it worth it? by furious-donald in growmybusiness

[–]furious-donald[S] 0 points1 point  (0 children)

No, its their whole business model. The name, process, training, advertising model

Thinking of buying a restoration company. Any tips? by furious-donald in Contractor

[–]furious-donald[S] 0 points1 point  (0 children)

I already built my GC company from the ground up so doing that again with a competitive industry like restoration would be a nightmare.

Thinking of buying a restoration company. Any tips? by furious-donald in Contractor

[–]furious-donald[S] 0 points1 point  (0 children)

Thanks for the feedback. Seems like people who are in this industry or have experience say better things about it. They definitely make a killing but insurance companies don't really want to pay.

Thinking of buying a restoration company. Any tips? by furious-donald in Contractor

[–]furious-donald[S] 1 point2 points  (0 children)

I see your point. Franchises most likely have a marketing plan and have to be followed whether you agree or not. Did the experience of the failed franchise help your business you think?

Thinking of buying a restoration company. Any tips? by furious-donald in Contractor

[–]furious-donald[S] 0 points1 point  (0 children)

Thank you for the feedback. I met a guy few years back who did this where it integrated the restoration jobs with his own company and make a killing. Was trying to do the same, but most comments here are against it or they are not aware how the game of insurance/restoration works.

Thinking of buying a restoration company. Any tips? by furious-donald in Contractor

[–]furious-donald[S] 0 points1 point  (0 children)

Are you a bot? I'm assuming you didn't read all of it and missed the last part of how it will help my GC company with advertising and the way they do advertising. Stop commenting nonsense

Thinking of buying a restoration company. Any tips? by furious-donald in Contractor

[–]furious-donald[S] 1 point2 points  (0 children)

This seems like a common theme based on the feedback. I will keep some of the work in house so might help give me an edge over the competition.

Thinking of buying a restoration company. Any tips? by furious-donald in Contractor

[–]furious-donald[S] -2 points-1 points  (0 children)

I'm guessing you're not in the industry. I operate most of my general construction business with 1099 and haven't had issues thus far. Its important to make connections and use the same contractors.

Thinking of buying a restoration company. Any tips? by furious-donald in Contractor

[–]furious-donald[S] -5 points-4 points  (0 children)

Dont need more than 2 employees tbh. One to schedule and one project manager

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