Construction Completion
The typical construction project starts off slow, goes like crazy for awhile and then slows back down to a crawl as you are trying to get the project done. Finishing the last 10% of a project is tougher than doing the middle 30%. You are dealing with all the little finish details and items […]
This post is about negotiation tricks and tactics. Successful real estate development and investing requires you to be a good negotiator. Understanding the common negotiating tactics that may be used by you or on you is essential to becoming skilled at negotiation. Whether or not you choose to use these tactics, it is vital to […]
As discussed in a previous post, the development we were building in has its own dedicated sales team. It made sense to have them represent us for a number of reasons:
They ran both a national and regional advertising campaign
They typically showed all available properties to potential customers no matter how them became interested in the […]
Never enter into a contract with a contractor without a defined schedule as part of the contract itself. Just agreeing on an end date isn’t good enough. Why? Because no matter how far behind schedule your project is, the contractor will always insist he can still make the end date. Without some agreed to schedule […]
You want your contractor to provide you the highest quality project, in the shortest time frame for the most inexpensive price. What we call the three-legged stool. Unfortunately, some of these desires are in direct conflict with one another. For example, it is tough to get the highest quality project when the schedule is very […]
With the decision to move forward with this real estate development, we quickly pushed the start of construction. The site was cleared, the septic system installed, foundations placed and framing started. Here’s some photos of the actual construction:
Foundation Wall from the Lake
Aerial Photo of Foundation Walls
Framing Underway
Other than a number of framing issues because of the […]
