Gc Advice Neeeded

wirenut

Hi all, I've been lurking for a while and signed up today. Background is as follows. Grew up an electrician, dad's a master/contractor but works for Ford Motor, I went through apprenticeship in the IBEW, worked there 7years, have been working at Ford for 6 yrs. I will be testing for my Masters License in sept 06, I currently have a Builders License as well. I have done a lot of electrical construction (industrial,commercial,and residential), and have done a number of flips as well, and consider myself a good craftsman in most other areas of building as well, and have numerous contacts with concrecte/brickies, hvac, my brother is a journeyman plumber, so I have access to "subs". With the outlook of the American Auto Industry I would like to get into construction full time. I would like to be a GC. Any info,thoughts,advice you guys could offer will be greatly appreciated. ANy thoughts on LLC,Scorp, Inc, things like that would also be helpful. Thanks

Glasshousebltr

Welcome Wire

As far as GC thoughts, just as they say at Disney Land only minutes before you puke, "enjoy your ride"

Bob

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Bob

chrisherk

Hey wirenut, I was in a very similar situation. I also started as an electrician in the Ibew I bought 2 and 3 families the last few years, rehabed and sold them. learned carpentry skilles and got my builders lic. Got out of rentals for now, because I believe 2,3,4, and six unit bldgs are priced too high. I started blding new. I bought a lot and built a spec house. I learned an awful lot. The only things I subbed out was, concrete, framing, drywall and roof, and carpet. Ya it took me a while to build it myself ( about a 1000 hrs) which came out to about 100/hr after it sold. now i quit my job and building another one, this time more efficiantly. I consider my first house and education. One of my goals in the future is to do less work, more volume, which means hire more subs. The one thing I do enjoy doing is the site work. I have since bought an excavator and a dozer. This has cut down one of the largest expenses in building a house
chris