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It's Slowing Down.

 
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Old 03-30-2017, 09:54 PM   #101
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Re: It's Slowing Down.


Whatever it is it is only worth what somebody else is willing to pay for it. Supply and Demand dictate that. Speculating future demand is hard and the real money for most of us is long. I could buy diamonds and hold them thinking they'll increase in value but what happens when some unknown SOB dumps tons of them on the market? I have to wait for the supply to get eaten up and hope the demand is still there. Same with almost any investment.

Often overlooked are utilities....people have to light and heat their homes and businesses with something....Even water and water rights are something to look into in the future
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Old 04-02-2017, 09:53 PM   #102
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Re: It's Slowing Down.


10 more years! After that I won't give two chits if it's picking up or not ..
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Old 04-03-2017, 12:06 PM   #103
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Re: It's Slowing Down.


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So I may be picking up work with one of our local ICF companies. I've stacked a few foundations with the Logix system so I have practical experience and I'm "certified" (Read: I sat in a room for 8 hours and listened to a lecture) so it'll be familiar territory.

I'm also going to be handling finishing as a sub for a townhouse development. It's a familiar trade but done in an unfamiliar way. It's exciting.

The old boss does have plans being bid right now and could be ready to go by June. Whether I go back or not...we'll see.
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Old 07-02-2018, 09:16 PM   #104
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Re: It's Slowing Down.


Thought I'd give this a bump.

I've spent 4 months this year in school so far. I'm fairly certain I've passed everything (still waiting on marks to be posted) and I'm planning a move up north. I've got a place to live lined up and an employer very interested in taking me on.

It's mostly commercial work and a little outside my wheelhouse but I'm all for expanding my horizons. That being said, the owner told me he's planning on punching out some spec homes in the near future and needs someone that can handle framing and finishing which is definitely up my alley.

I met with my old employer today to get my apprenticeship book signed off and we chatted for a bit. He's planning on getting out of the game. He's tired of it. Says he'd like to go into inspections. I don't blame him.

We had a good run, I'll miss working for him.

It's funny though, I'm also looking at inspection courses. There's 2 paths to head down. Work for the county and inspect new builds and renos or work for yourself and inspect for real estate agents and home buyers. Wouldn't be a bad side gig. Once I get settled I'll take a close look at the courses and decide if that's something I'd like to pursue. Most of the guys that take the real estate course can't tell a hammer from a nail puller and have never set foot on a construction site. I could set myself apart from them.

Life has taken a few twists and turns since the start of 2017. Never did I think I'd be moving but things have worked out in the end even if it wasn't looking well for a while.
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Old 07-02-2018, 11:13 PM   #105
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Re: It's Slowing Down.


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Thought I'd give this a bump.

I've spent 4 months this year in school so far. I'm fairly certain I've passed everything (still waiting on marks to be posted) and I'm planning a move up north. I've got a place to live lined up and an employer very interested in taking me on.

It's mostly commercial work and a little outside my wheelhouse but I'm all for expanding my horizons. That being said, the owner told me he's planning on punching out some spec homes in the near future and needs someone that can handle framing and finishing which is definitely up my alley.

I met with my old employer today to get my apprenticeship book signed off and we chatted for a bit. He's planning on getting out of the game. He's tired of it. Says he'd like to go into inspections. I don't blame him.

We had a good run, I'll miss working for him.

It's funny though, I'm also looking at inspection courses. There's 2 paths to head down. Work for the county and inspect new builds and renos or work for yourself and inspect for real estate agents and home buyers. Wouldn't be a bad side gig. Once I get settled I'll take a close look at the courses and decide if that's something I'd like to pursue. Most of the guys that take the real estate course can't tell a hammer from a nail puller and have never set foot on a construction site. I could set myself apart from them.

Life has taken a few twists and turns since the start of 2017. Never did I think I'd be moving but things have worked out in the end even if it wasn't looking well for a while.


Good luck with wherever path life leads you! Some of the best things in life happen by chance.


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Old 07-02-2018, 11:26 PM   #106
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Re: It's Slowing Down.


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Originally Posted by Youngin' View Post
Thought I'd give this a bump.

I've spent 4 months this year in school so far. I'm fairly certain I've passed everything (still waiting on marks to be posted) and I'm planning a move up north. I've got a place to live lined up and an employer very interested in taking me on.

It's mostly commercial work and a little outside my wheelhouse but I'm all for expanding my horizons. That being said, the owner told me he's planning on punching out some spec homes in the near future and needs someone that can handle framing and finishing which is definitely up my alley.

I met with my old employer today to get my apprenticeship book signed off and we chatted for a bit. He's planning on getting out of the game. He's tired of it. Says he'd like to go into inspections. I don't blame him.

We had a good run, I'll miss working for him.

It's funny though, I'm also looking at inspection courses. There's 2 paths to head down. Work for the county and inspect new builds and renos or work for yourself and inspect for real estate agents and home buyers. Wouldn't be a bad side gig. Once I get settled I'll take a close look at the courses and decide if that's something I'd like to pursue. Most of the guys that take the real estate course can't tell a hammer from a nail puller and have never set foot on a construction site. I could set myself apart from them.

Life has taken a few twists and turns since the start of 2017. Never did I think I'd be moving but things have worked out in the end even if it wasn't looking well for a while.
I'm not from Canada but I will say -

My in-laws, friends and wife's friends said it was retarded for me to leave a job as a commercial superintendentI started at the bottom to get with ALL the benefits to get this going with my dad. We had 3 weeks of work. Right after lemen bros crashed. 10 years now

As humble as possible any of those I'm sure would say I made the right decision for my family. Many times over.

Your educated. Have experience . Look within. If being n inspector makes your dreams come true DO IT!

If not follow your gut. Not other people's advice
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Last edited by Jaws; 07-02-2018 at 11:29 PM.
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Old 07-02-2018, 11:40 PM   #107
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Re: It's Slowing Down.


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We are in oil country. Many companies are slow and many of the high volume builders are sitting on unsold homes and not building much any more. Plumbing, HVAC, and electrical are being hit pretty hard. The electricians union recently slashed wages. I have a few friends in the trades that haven't found work in a couple months. It's certainly not just us.

We do high end customs, some customers get hung up on the price, others worry that their own job won't be secure and withdraw their intent to build.
That is what happen when you vote communist for president. Source worked in "socialism" for 1$/per day.
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Old 07-04-2018, 02:09 AM   #108
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Re: It's Slowing Down.


I've been busy, and the economy hasn't hurt me, although I come from a more a business background and can easily ramp up marketing to gain new clients. Although, I will admit cost for acquisition has increase dramatically here in Southern California.

It's funny, because one knucklehead on here with 1,600 posts who will remain nameless said because of my company name GreenTek he was criticizing that I would not do well....

Anyways, enough about me; glad to hear you got a job lined up. Tough times don't last...Tough people do
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Old 07-04-2018, 02:48 AM   #109
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Re: It's Slowing Down.


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I've been busy, and the economy hasn't hurt me, although I come from a more a business background and can easily ramp up marketing to gain new clients. Although, I will admit cost for acquisition has increase dramatically here in Southern California.

It's funny, because one knucklehead on here with 1,600 posts who will remain nameless said because of my company name GreenTek he was criticizing that I would not do well....

Anyways, enough about me; glad to hear you got a job lined up. Tough times don't last...Tough people do


I'm not too far from you, I'm here in Anaheim Hills. My wife teaches in Santa Ana.


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Old 07-04-2018, 12:04 PM   #110
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Re: It's Slowing Down.


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I'm not too far from you, I'm here in Anaheim Hills. My wife teaches in Santa Ana.


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Nice man! I actually live in Rancho Cucamonga, but intend to move down that direction. I was driving down there a few days ago, and the weather difference was almost 20 degrees from here to Santa Ana.
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Old 08-13-2018, 11:44 AM   #111
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Re: It's Slowing Down.


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Other side of that - unless you have a bunch of inherited capital, how are you going to hit a home run with out a little risk? Use a rent house for example, say you pick up a foreclosure for 50k and put 40k in it, with and mortgage of 50k and it rents for 1150? Still cash flow 200 a month when it's rented after mortgage, taxes, insurance and 1800 a year maintenance account contribution. The renter pays for all this and you will own an asset in less than 15 years that yields a net of 9-10k a year for something you actually invested 40k into..... with the risk you carry the note while unrented and being repaired throughout that time.

I believe in having reserves to cover your ass, and using credit when it makes sense like above. Always a risk, a black Swan could strike and all of them could be unrented for a long time or something weird and wipe me out. I could also get hit by a truck and die

I'm willing to tolerate some risk to get ahead and setup up future profits for myself and family. I don't see how I could save enough money to have a reasonable retirement just rat holing cash.

Definitely agree with keeping living expenses in check for your income and having savings though.






That's why my favorite animal is a turtle........he has to stick his neck out before he can go anywhere.
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Old 08-13-2018, 12:04 PM   #112
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It appears like the handwriting is on the wall.


https://www.bostonglobe.com/business...zwN/story.html
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Old 08-13-2018, 12:15 PM   #113
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Re: It's Slowing Down.


Not much has changed. There remains a persistent shortage of build ready lots for middle income homes, steel and lumber tariffs push the builder preference to high end homes and that market is already stratified.

Couple that with a shortage of manpower, and the market is maxxed out and getting tired.

Well, that's where it is at in our area anyways.
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Old 08-13-2018, 06:18 PM   #114
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Re: It's Slowing Down.


And another thing...

https://doyouremember.com/82741/what...ike-in-america
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Old 08-19-2018, 10:32 AM   #115
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Re: It's Slowing Down.


Cousin is working with attorney friends who are structuring sales on comercial property at loss, because the owners are trying to beat a downturn they speculate is coming soon.

Hard to say how valid their opinion is, or how significant the "distressed" prices will influence nearby properties...

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Old 08-19-2018, 11:03 AM   #116
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From what I've been reading (and quite a bit) it seems like it is coming,probably only question 2019 or 2020 ?
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Old 08-19-2018, 11:30 AM   #117
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Re: It's Slowing Down.


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It appears like the handwriting is on the wall.


https://www.bostonglobe.com/business...zwN/story.html
The prices here are quite bonkers. Word has it, that this is one of the quickest growing cities in the country. It's a great town, for sure. But, the prices don't match the wages. I feel bad for new-school, as I don't see how they will be able to become homeowners. The numbers just don't add up.
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Old 08-19-2018, 11:37 AM   #118
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The prices here are quite bonkers. Word has it, that this is one of the quickest growing cities in the country. It's a great town, for sure. But, the prices don't match the wages. I feel bad for new-school, as I don't see how they will be able to become homeowners. The numbers just don't add up.



The numbers have not been adding up for a looooooong time.
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Old 08-19-2018, 11:44 AM   #119
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Re: It's Slowing Down.


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The prices here are quite bonkers. Word has it, that this is one of the quickest growing cities in the country. It's a great town, for sure. But, the prices don't match the wages. I feel bad for new-school, as I don't see how they will be able to become homeowners. The numbers just don't add up.
That'll be fixed in the next few years... It hurts for a bit but is a necessary evil. It's how we grow in Florida all the time.

Prices are silly cheap, people think I can live in Florida for that!? Then some people move, then everyone moves, then it comes to a boiling point where people could not afford to buy the same house they live in. At that point it becomes shaky and it falls to pieces. Happens every decade or two here.
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Old 08-19-2018, 11:58 AM   #120
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That'll be fixed in the next few years... It hurts for a bit but is a necessary evil. It's how we grow in Florida all the time.

Prices are silly cheap, people think I can live in Florida for that!? Then some people move, then everyone moves, then it comes to a boiling point where people could not afford to buy the same house they live in. At that point it becomes shaky and it falls to pieces. Happens every decade or two here.
Biggest this with the transplants is making sure they dont get into public offices (P&Z, Council, Commisioner or committees ect...). Dumb asses want to make it like the **** hole they left. Makes no sense you should just stay there

County roads are a big one to transplants - or actually private dirt roads like the ones I live on. A lot of them (California and NJ being the moat prevalent) would GIVE them to the county to make them maintain them.

Hey dumb ass - that's why our taxes are low and you wanted to move here! Get a tractor or hire a maintainer or move to TOWN Same thing with ESD. They all want paid fire dept and ems with substations near by in the county....

It goes on and on

Property values and taxes here are already ridiculous I don't need higher taxes. Almost all the locals who live in the county feel that way

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