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Search: Posts Made By: AllanE
Forum: Off Topic (Non Trade) 10-14-2020, 06:26 PM
Replies: 15
Views: 227
Posted By AllanE
Marfa Tx and then Big Bend National Park, about a...

Marfa Tx and then Big Bend National Park, about a 90 minute drive between the 2. Direct flights from Dallas to Marfa.
Forum: Business 06-22-2020, 05:09 PM
Replies: 5
Views: 473
Posted By AllanE
For home builders, http://smaconsulting.net/

For home builders,

http://smaconsulting.net/
Forum: Business 04-04-2020, 01:01 PM
Replies: 50
Views: 2,345
Posted By AllanE
I agree, I've been studying this all week and...

I agree, I've been studying this all week and started thinking I could use payments I made to 1099 subs. But as I've delved deeper I am pretty sure you cannot do this.

See page 11 in this...
Forum: General Discussion 01-25-2020, 05:52 PM
Replies: 8
Views: 400
Posted By AllanE
I just built this 5500 sq ft home plus a summer...

I just built this 5500 sq ft home plus a summer kitchen in 8-1/2 months, all cabinets site built.

https://www.houzz.com/hznb/projects/transitional-new-home-pj-vj~6030444

Looking at your...
Forum: General Discussion 08-10-2019, 11:38 AM
Replies: 17
Views: 540
Posted By AllanE
I see your posts regarding this on other...

I see your posts regarding this on other construction forums, your "story" seems legit, I guess I'm surprised on a couple of items:

1. Why would you publicly ask this question regarding such a...
Forum: Featured Articles 03-16-2019, 07:38 AM
Replies: 9
Views: 681
Posted By AllanE
My story of becoming a GC home custom home...

My story of becoming a GC home custom home builder started with me working summers, weekends, even after school for a framer while I was in high school. A few years later at age 23 and working in a...
Forum: Business 03-01-2019, 07:44 PM
Replies: 30
Views: 1,643
Posted By AllanE
I generally send via email. This is after...

I generally send via email. This is after several meetings, discussions, email exchanges and an offer to meet or answer questions. I also send a contract, filled out for their signature with simple...
Forum: Featured Articles 02-17-2019, 08:25 AM
Replies: 32
Views: 2,093
Posted By AllanE
I do everything except my corporate tax return. ...

I do everything except my corporate tax return. I reconcile bank accounts (security issue), do payroll, make payroll tax deposits, do state employment returns (TEC), 941's, 940's, etc. I use an...
Forum: General Discussion 02-15-2019, 07:46 PM
Replies: 20
Views: 878
Posted By AllanE
Yep, arrive Monday and depart Friday am. Been...

Yep, arrive Monday and depart Friday am. Been going since 1980, I've only missed 3-4 shows in all of those years. Taking a couple of employees this year.
Forum: Featured Articles 01-07-2019, 07:57 PM
Replies: 192
Views: 9,699
Posted By AllanE
Some of my best subs are women-owned: plastering,...

Some of my best subs are women-owned: plastering, painting, hardwood floors, glass contractor.

One of my project managers is a woman, and she is excellent! On the job at 6:45am, hard-working,...
Forum: Business 12-29-2018, 08:38 AM
Replies: 89
Views: 7,761
Posted By AllanE
1. I pay no deposit to subs except countertop...

1. I pay no deposit to subs except countertop fabricators who have to purchase slabs that are non-returnable.

2. Retainage is not an acceptable norm in residential, we never withhold money for...
Forum: Business 12-25-2018, 07:58 AM
Replies: 12
Views: 1,054
Posted By AllanE
Yep, your example is accurate. There are a few...

Yep, your example is accurate. There are a few big ticket items whereby overages are easy money for the builder on a cost-plus contract.

Here is my response. For every one of those handfuls of...
Forum: Business 12-24-2018, 08:18 PM
Replies: 12
Views: 1,054
Posted By AllanE
All of my custom work is cost-plus, but we always...

All of my custom work is cost-plus, but we always have a contract price that reflects the estimated costs of their house. I anticipate client's need to stay within budget. Some client's tell me to...
Forum: Business 12-24-2018, 08:12 PM
Replies: 12
Views: 1,054
Posted By AllanE
I agree, what I like about cost plus is that it...

I agree, what I like about cost plus is that it is open book. No hidden markups, contractor pricing, retail, whatever.

I actually use a software that allows client to log-in 24/7 and see the...
Forum: Business 12-24-2018, 05:42 PM
Replies: 12
Views: 1,054
Posted By AllanE
I do all cost plus on my new homes and occasional...

I do all cost plus on my new homes and occasional remodel. Jobs range from $1.5-$6 million. In my experience, I am always trying to keep clients within budget, hold them back from over-spending. ...
Forum: General Discussion 11-19-2018, 07:01 PM
Replies: 18
Views: 937
Posted By AllanE
Jaws We don't do design, we require...

Jaws

We don't do design, we require (strongly recommend) all clients to hire an interior designer to assist with selections. We usually have 4-6 houses under construction, just sold a large spec,...
Forum: General Discussion 11-19-2018, 06:39 PM
Replies: 18
Views: 937
Posted By AllanE
I do 12-14 million$ per year in mostly new...

I do 12-14 million$ per year in mostly new construction and an occasional large remodel. I have one seasoned project manager, one newby/just out of college super (9 months on the job), and a person...
Forum: General Discussion 09-03-2018, 06:42 PM
Replies: 46
Views: 4,928
Posted By AllanE
1. I build houses, then sell them on the open...

1. I build houses, then sell them on the open market (spec).
2. I build houses for clients who own their land, they ask me to be their builder (non-bid).
3. I build houses for clients who own...
Forum: General Discussion 08-28-2018, 05:55 AM
Replies: 27
Views: 1,592
Posted By AllanE
I've been paying most of my subs thru Builder...

I've been paying most of my subs thru Builder Trend's online payment feature, very quick and easy. It costs the sub $1.99 for every $10,000, money is in their account in 48 hrs.
Forum: General Discussion 07-16-2018, 08:11 AM
Replies: 6
Views: 844
Posted By AllanE
The annual NAHB home builder's show in January...

The annual NAHB home builder's show in January dwarfs other GC/Builder shows in size and scope. Would recommend it to any contractor.
Forum: Business 06-18-2018, 06:13 AM
Replies: 18
Views: 2,702
Posted By AllanE
The very top custom builders in my market,...

The very top custom builders in my market, building homes in the $4-$10 million range, to a person had no experience working in the trades and had no hands-on experience. They learned enough about...
Forum: Business 05-06-2018, 08:02 AM
Replies: 13
Views: 1,896
Posted By AllanE
Daffy: Your example regarding the truck is a...

Daffy:

Your example regarding the truck is a bit incorrect. Not sure why you interject capital gains into your example, that would apply only if you sold your truck for more than you paid for it....
Forum: General Discussion 04-22-2018, 08:46 AM
Replies: 25
Views: 2,626
Posted By AllanE
I think there is a lot of truth in your...

I think there is a lot of truth in your statement. I started building in 1974 with 2 specs ($50,000 each) and a custom house for a friend. I had no experience except for 4 years of working...
Forum: Business 03-06-2018, 07:57 PM
Replies: 11
Views: 1,937
Posted By AllanE
Pearl: I am a long time builder 150 miles up...

Pearl:

I am a long time builder 150 miles up Hwy 59 from you in Houston. I understand you have a regular steady paying job and sort of dipping your toe in the contracting business. I actually...
Forum: Business 02-21-2018, 07:40 AM
Replies: 12
Views: 1,270
Posted By AllanE
Bailey Builders. Personally I prefer the word...

Bailey Builders. Personally I prefer the word "builder" or "building" over "construction". Especially if you want to build new homes instead of or in addition to remodeling.
Showing results 1 to 25 of 109

 
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