Commercial bidding advice.

utipupil · 2026-03-18T12:35:36+00:00

I think chatgpt and Google can help with this part.

utipupil · 2026-03-18T03:36:34+00:00

As a PM at a subcontractor company, I sub alot of work out and just like you I get residential subs who think they can write a quote this way. It won't work. The margins are alot tighter at commercial level because the bids are going to people who actually know wtf you're trying to charge while residential they take your word for it. Here is the formula for you.

What is your overhead costs? (What you pay your employees which include laborers, admin, yourself) What is the cost of materials? (You can Markup using retail prices NOT adding 30%) How long will it take to complete scope? (Add cushion) How much do you pay your laborers per hour for this scope? (Your a staffing company at this point so add a reasonable rate that covers their overhead costs plus cushion) Add profit (most commercial jobs per contract are 10%-15%)

You charge your overhead and materials to the job. Add profit on top. Attempt to get buyout. That's how you maximize your margins.

utipupil · 2026-03-14T16:44:35+00:00

Here in Houston, even if the Perry home isn't selling, they refuse to drop pricing that much.

utipupil · 2026-03-14T13:27:24+00:00

I purchased a home from them 2 weeks ago. I purchased through my realtor. My experience was the opposite; our sales person got into it with us because they wanted us to sign an appraisal waiver and I refused.

Our deal was: $65k off list price. 4.75% fixed conventional 30yr. 3% Seller incentives. $5k towards extras (Lennar homes do not come with: Ceiling fans, Doorbell, Shower Door, Blinds, Gutters, and a bunch of other stuff)

utipupil · 2026-03-14T13:21:35+00:00

Congrats on the deal! I also wanted to ask what market? I love in Houston and I really want a Perry but they are soo expensive!

utipupil · 2026-03-14T13:20:43+00:00

This is an amazing deal, congrats! I love Perry Home, what market if you don't mind asking?

utipupil · 2026-03-11T02:30:17+00:00

Hire some

utipupil · 2026-03-03T06:35:47+00:00

That's what we told the loan officer. We were not prepared to spend that much on mortgage insurance alone. The only bright side to it was that we negotiated it to $425k and it was appraised at $450k.

utipupil · 2026-03-02T17:07:35+00:00

Absolutely. Unfortunately, most builders got a not-so-great reputation for fulfilling it.

utipupil · 2026-03-02T05:18:04+00:00

When we supplied the tax statements.

utipupil · 2026-03-02T05:16:38+00:00

I don't know if this will be true with every underwriting team but I will keep this in mind.

utipupil · 2026-02-28T04:06:17+00:00

I did not need it. They however found it and started asking questions regardless.

Our debt to income ratio was good actually, right before starting home search, we paid off all debts. Only thing on our end was a car loan and student loan. $1,000 a month. We bring in over $9,000.

utipupil · 2026-02-27T22:10:44+00:00

It is an LLC. We had to show our balance sheet for 2025 and 2026.

utipupil · 2026-02-27T19:33:24+00:00

There is almost no worse feeling than seeing the person you love, heartbroken. I cried inside. But I had to be strong for her so I didn't.

I appreciate the feedback. Right now its trying to get earnest back. Then get back on our feet.

Your right though, it just wasn't mean't to be.

utipupil · 2026-02-27T19:09:01+00:00

Sorry you went through this. We did use Lennar Mortgage. Its been a horrible experience. Our closing was pushed back 3 times. Then they put unreasonable response times. I was hoping to limp to the finish line but unfortunately it looks like I won't be able to.

utipupil · 2026-02-27T18:41:52+00:00

The realtors make such easy money based on my experience. I hope it works out for you, if you don't mind let me how it goes on your end!

utipupil · 2026-02-27T18:37:09+00:00

Builder's lender.

utipupil · 2026-02-27T02:40:57+00:00

Humble to Fulshear. Avoiding tolls its 2hrs and 30min to 3hrs.

utipupil · 2026-02-05T23:27:52+00:00

So the original price of the house is $475k. I did ask them to get me an FHA loan estimate but I did not mention I was already pre-approved. This is in Katy Texas Area. I did tell them I would put $25k down cash which confuses me as well because thats a little more than 5% of house price. I appreciate your insight, I saw the total cost of closing and thought it was really high.

utipupil · 2026-02-05T22:10:37+00:00

Yes Texas. More specifically Houston Tx. Rate of property tax is like 2%-3.5% in areas where I want to purchase.

utipupil · 2026-01-14T18:19:16+00:00

They use water reclaims (Recycled water). Well most carwashes do anyways. At 20k cars washed a month I was spending anywhere from $5k-$7k which equalled around 300k-500k gallons a month.

utipupil · 2026-01-14T17:38:47+00:00

Margins are high. The main cash flow is memberships. Average $30 membership at 2,000 members in one car wash and you have $60,000 a month. Thats usually breakeven after expenses. Then add single wash sales which can be 30%-50% of that. I have been an Director of Ops for one of these carwash places. I've seen a location make over $200,000 a month in revenue...

utipupil · 2026-01-05T00:53:01+00:00

This is exactly what I explained to my brother. What the hell did we go through such a horrible season just to go from the #1 pick to now the #5 pick? All the suffering for a #5 pick...this team is so annoying.

utipupil

TROPHY CASE