Construction Coach
@RE_Deal_Junkie
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RE investor with a doctorate degree in construction. I've built & acted as an owners rep on 500M in real estate. DM me for a free consultation.
Joined September 2013
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Pinned Tweet
We are looking to add clients for 2024 & 2025 and included is our general schedule of services. If you’ve enjoyed interacting with
#ConstructionCoach
please like and retweet this post. We appreciate the support and my DMs are always open for questions
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When running a construction project never back off the need to clean and give your subs ZERO leash.
Housekeeping is a sure fire way to lose the job site and your credibility because if you let the problem child subs get away with it the dependable subs quickly start not caring.…
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We bought this property in September for 585k.
We got rid of the bums and backfilled with great tenants paying twice the rent.
With in place leases the property is now worth 1.1M at a 8% CAP.
This is not the norm but they can be found with enough grit and persistence.…
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What was your 1st job?
I'll go 1st, I was a paperboy
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Under contract with another client that wants to be his own GC and has hired me to guide them through the process.
This structure is saving clients lots of money and it’s becoming very popular with smaller projects where the budget is tight.
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🚨🚨CLOSING MONDAY🚨🚨
We are schedule to close on Monday on this 10 unit flex space property. I promised a financial breakdown so let's dive in ⏬⏬
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@sweatystartup
Should the same be said to business owners who knowingly underpay/compensate high quality employees.
Just trying to see what the flip side looks like
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@tytywashington3
I know you’re not talking about the 2nd round of the NCAA tourney. Who are you again?
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🚨 🚨Calling all girl dads🚨🚨
I’m looking for creative ways to bond with my seven year old daughter !
All ideas welcome and appreciated
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@plane_pats
@lukesawhook
Says the Pats fan that saw 2 games where ZW played the rookie killer head coach BB. SMH 🤦♂️. I’ll take the upside in fantasy because I can always trade for the Ryan Fitzmagics of the fantasy world on the cheap and get the exact same output as Mac Jones
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I truly believe AI is the beginning of a downward trend in our society.
What exactly, I’m unsure but I think the negative impact will be exponentially greater than any advancement we’ve had to date.
Let’s debate…
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Just got out of closing on this one.
In the following week we will approach each of the tenants to negotiate new lease terms.
If any want to move out we are prepared with replacements since we’ve been advertising for a month now.
The demand is real
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Why do sub contractors sign contracts without fully reading them?
Have had a few issues arise this week because our subs didn’t read the contract they were signing.
Sorry but you agreed to it
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Drones are revolutionizing real estate through aerial photography and land surveys. They provide perspectives we've never seen before.
But what are your thoughts? Are drones a game-changer in property viewing, or just a fancy add-on?
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@theficouple
Your loans are liabilities so the equity is an asset. It does count in the balance sheet.
Who's saying that it doesn't count?
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@Parry_FF
Actually, theres nothing more annoying than an owner that isn’t willing to have a quick discussion before I send an offer.
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Cities are evolving but are they losing their allure?
With people moving out for more space and peace,
what's the future of urban living?
Are cities still your go-to, or are you looking elsewhere?
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How confident are we in the real estate market for the next 5 year?
Put your hot takes here!
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In real estate development, location continues to reign supreme.
How do you evaluate the potential of a new location for your projects?
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Noise ordinances in construction aren't just about keeping the peace; they're about not starting a neighborhood rock concert at 7 AM.
Let's talk about building without making enemies.
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Cash flow management is crucial for any business, including yours.
It's not just about how much money comes in and goes out—it's about timing, consistency and planning.
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Basics of Real Estate Investing: The basics of real estate investing involve understanding the market, assessing risks and starting with a clear plan.
It's a journey from buying your first property to building a portfolio.
What was the first step you took on your real estate…
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Steel fabricators and erectors take advantage of owners more than any other trade on
#construction
jobs when they are pricing change orders.
Most
#architects
, GCs, owners and even structural engineers 🤯 have zero clue on the details of the time/material/equipment required to do…
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Steve Harvey once said, A person has to remember that the road to success is always under construction.
You have to get that through your head. It is not easy to become successful.
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Zig Ziglar once said – "Positive thinking will enable you to perform better than negative thinking will."
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Building in a flood zone is like playing real estate on hard mode.
It's risky, sure, but with the right strategy, you can turn a challenge into a triumph.
Let's talk about staying afloat in these areas.
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Navigating tax laws in real estate is like trying to solve a Rubik's Cube blindfolded: tricky, but not impossible.
Get it right and your wallet will thank you.
Let's crack the code.
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Blockchain is poised to revolutionize real estate transactions by enhancing transparency and security.
How are you preparing for blockchain adoption?
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Here’s a flip I partnered on with a younger investor. He did a lot of the work himself and I just helped with the budgeting, negotiating contracts, permitting and material selection.
I’m loving the options we have these days with exterior finishes.
Absolute home run deal for…
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The gap between income growth and housing prices is widening.
How can policymakers and the real estate industry work together to address this issue?
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Imagine concrete that fixes its own cracks! Self-healing concrete isn't just a dream; it's becoming a reality.
This innovation could significantly extend the life of structures. But what do you think?
Is self-healing concrete the future of construction or just a novelty?
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Acoustic paint not only adds color to your walls but also dampens noise.
It's like a mute button for your room!
Would you give acoustic paint a try, or do you prefer traditional soundproofing methods?
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The ultra-rich are playing a different game in real estate, from high-tech mansions to private islands; luxury knows no bounds.
What's the most extravagant luxury property you've heard of?
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If you want to be successful in life, do this 1 simple thing and I guarantee you’ll reach your goals
DO WHAT YOU SAY YOU WILL DO
The vast majority can’t consistently do this one simple thing.
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AI is not just about robots; it's also about smart construction management.
From predicting delays to optimizing resources, AI is a game-changer.
What's your opinion?
Will AI redefine construction, or are there limits to its magic?
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Ensuring a safe construction site is not just about meeting regulations; it's about fostering a culture of safety.
From hazard identification to emergency response plans, each step is crucial for maintaining a secure work environment.
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Different strategies in property development can lead to varied outcomes.
Some focus on sustainability, others on luxury, and some on affordability. Each strategy has its unique challenges and rewards.
What is your preferred development strategy and why?
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What’s everyone’s take on buying a property in the FEMA documented flood map?
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House flipping can be a jackpot or a money pit.
Success stories are inspiring but failures teach valuable lessons.
What's your house flipping story – a win or a learning curve?
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Understanding the critical path in project management is like deciphering a roadmap.
Just as every journey has a route, projects have a sequence of tasks that determine the overall timeline.
Identifying and optimizing this critical path ensures efficient project completion.
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Real Estate Investing for Beginners: Are you starting in real estate investing?
Begin by understanding the market, setting clear goals and starting small.
Remember, every successful investor once purchased their first property.
What advice would you give to someone just…
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Real estate investment is no longer just for the wealthy.
Crowdfunding is opening doors for everyone. But is it as promising as it sounds?
Would you consider investing in real estate through crowdfunding?
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Cost control and monitoring are essential components of any successful project.
By diligently tracking expenses and implementing cost-saving measures, you can ensure that your project stays within budget and meets financial objectives.
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Remote work is reshaping the landscape of suburban real estate, offering larger homes and quieter neighborhoods.
The question remains: Is this the new dream, or just a phase?
What's your take on the suburban shift?
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As shopping malls transform into mixed-use developments, they are becoming community hubs.
What is the most exciting repurpose you have seen for mall space?
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Interest rates and real estate are intertwined in a delicate dance.
With rates on the rise and markets undergoing changes, how does this affect your property decisions?
Are you playing it safe or taking the plunge?
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Virtual Reality is changing the way we view homes.
VR tours offer convenience but can they replace the feeling of a physical walkthrough?
Would you buy a house based solely on a VR tour?
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@maxfisherRE
What makes you think GCs make the most?
It’s the toughest business to execute at a high level and has some of the largest risk associated with it plus your funding the project.
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"You are never too old to set another goal or to dream a new dream." – C.S. Lewis
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Land use planning is akin to playing chess with your city's landscape.
It's all about
making smart moves to balance homes, shops and parks.
Get it right, and you can
create a community where everyone wants to live.
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1st completed greenhouse of my career.
#FigureItOut
It came out so well and I learned a few things on how these work.
Building one offs or new challenges are some of my favorite projects
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Prefab homes are all about speed, efficiency, and style. They're changing perceptions of modular living.
But would you consider a prefab home?
What's your view on this modern approach to housing?
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The Arz strategy in real estate marketing emphasizes bold and innovative approaches.
It's about standing out in a crowded market through creative marketing techniques and unique selling propositions.
How do you make your real estate listings stand out?
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Open Floor Plans: The End of Walls as We Know Them?
- Open floor plans are like the reality TV of home design – everything's out in the open, no secrets.
Great for parties, not so great when you want to hide your kitchen mess.
Are walls making a comeback? Let's find out.
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The concept of retirement communities is evolving.
From university affiliations to eco-friendly living, which innovative model interests you the most?
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Shopping malls are transforming from retail hubs to mixed-use spaces.
Is this the future of commercial real estate?
What's the most innovative use of mall space you've seen?
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We had to fire a contractor off the largest project I’m on right now. We’re going to be better off in the long run but it’s a shitty situation all around.
Shape up or ship out !
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Understanding the significance of quality in construction is crucial.
It's not just about meeting standards; it's about ensuring longevity and safety.
In this thread, we'll delve into the key principles and practices that constitute the backbone of effective quality…
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Sorry but if you don’t understand what indemnification means then you shouldn’t be signing any contracts.
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Wrapping up one of our school projects. This curtain wall is absolutely gorgeous and looks even better than it did in my mind! If you look closely you’ll see (3) car ports that will eventually open up to drive in and out of.
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@Parry_FF
If you put someone on the block I’m going to ask what you’re looking for. My typical starting question is who do you like more than others on my squad. This way I get some direction before throwing darts
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Building inspectors – they might seem like the party poopers of the construction world, but they're actually your project's guardian angels.
Let's talk about why their 'nosy' inspections can save your project from disaster.
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Construction insurance is like that trusty helmet on a construction site:
You hope you won't need it, but boy, are you glad it's there when things go south.
Let's talk about protecting your project.
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The Tiny House Movement is more than just a trend; it's a lifestyle.
Compact, efficient and often mobile, these homes challenge traditional living.
Would you consider going tiny?
Share your thoughts on this minimalist movement!
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VR house tours have revolutionized property viewing, offering immersive experiences from anywhere.
How have VR tours impacted your buying or selling process?
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@N8RealEstate
$300 doesn't account for the fixed costs of a property like the roof and mechanicals and also doesn't have any cost included for CAP EX which will have to be done at some point.
This also has no vacancy calculated in it which is unrealistic so your CoC return is more like half…
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Have you heard about what's going down at 135 South LaSalle St. in Chicago?
They're talking about turning that old office building into a whopping 430 apartments!
Sounds pretty wild and the whole project's estimated to cost a jaw-dropping $258 million. And they're aiming to…
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I’m genuinely interested why residential realtors deserve 6% commission.
Residential realtors will be extinct in the next 5-7 years and crowd sourcing sites will become the norm where you can get your listing on front of millions of people.
Why should you pay 6% for an open…
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@sarahbarshop
Everyone just needs to slow down and keep their thoughts to themselves until the proof is presented and the process is complete. It’s wrong to label the accusers as money grabbing scum while it is equally wrong to label Watson as a abusive piece of scum or worse a rapist.
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Wearable tech in construction isn't just about style; it's about safety and efficiency.
From smart helmets to exoskeletons, the gear is receiving an upgrade.
Do you think wearable tech is a must-have on construction sites or is it overhyped?
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Project documentation is the backbone of any construction endeavor.
It encompasses a wide array of records essential for planning, executing and monitoring the progress of a project.
Let's dive into its significance.
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@lottahomers
@takhtehchianmd
He’s so under appreciate. Having him makes this team better and experience which we are quickly lacking. There was nobody nearly as good at getting Kofi the ball and he was a very good 3 point shooter which was needed to keep doubles and triple teams from attacking Kofi.
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Floors that generate energy when you walk on them sound like something out of a sci-fi movie but they're real!
Do you think this could be a significant step forward in sustainable living, or is it merely a stepping stone?
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REITs offer a way to invest in real estate without owning physical properties.
What has been your experience with REIT investments?
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Tiny homes challenge the norm: less space, more life.
But can you embrace minimalism and still live large?
Share your thoughts!
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Arnold Palmer: The road to success is always under construction.
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I’m curious how realtors react to seeing this?
Many of my realtor friends won’t show their clients a FSBO listings for the same reasonings.
Please share your thoughts
Wow‼️I wonder if this will be the new trend. Seeing this multiple times today on mls and internet in CA! anyone seeing this ? 🚨
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New developers have a misconception that the larger the project the cheaper per square foot the project becomes, but that is simply not true.
Let me explain 👇
The sweet spot in going vertical is at three floors, five floors, & seven floors .
Anything over seven floors…
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ADA compliance in construction isn't just a good deed; it's smart design.
It's about
creating spaces that welcome everyone.
Think of it as the golden rule of building:
design for others as you would for yourself.
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Negotiation in construction isn't just about getting the best price; it's about creating win-win scenarios where all parties benefit.
It's a delicate balance of asserting your interests while understanding and respecting the needs of others.
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Ever wondered how large-scale construction projects stay on track and within budget?
It's all about effective project controls.
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The rise of mixed-use developments reflects a shift towards more integrated urban spaces.
What amenities do you value most in these developments?
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I’m finding myself rooting pretty hard for the Ravens right now.
Who are you rooting for?
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Charles Dickens once said, 'The whole difference between construction and creation is exactly this:
A thing constructed can only be loved after it is constructed, but a thing created is loved before it exists'.
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My wife’s dad went into surgery this morning from a heart attack, thank you for your positive thoughts and prayers in advance.
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Real estate is full of myths and misconceptions.
Quick riches, easy deals – let's separate fact from fiction.
What's the biggest real estate myth you've encountered?
Let's bust some myths!
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@fortworthchris
We are currently in a market where lead times are variable, labor is short and contractors are still naming their price.
Until some leveling out in at least 2 of those 3 happen I’m out of development
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Tax reforms and zoning laws can significantly impact real estate investments.
What legislative changes are you currently monitoring and what is the rationale behind your focus?
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The decline of traditional malls has paved the way for innovative uses, ranging from indoor parks to cultural centers.
What transformations would you like to see in your local mall?
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With virtual advancements I believe commercial real estate will be worthless in a matter of a few decades 😉
Please tell me why I’m wrong
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@WealthyIdiots
@SteveOnSpeed
Don’t go to college if you don’t plan on networking. If you’re going to network then it absolutely can be worth it. College is an investment and the vast majority don’t understand how to maximize the experience.
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@antonia_mdprjct
Basically pay your team. If there’s cash flow problems be upfront and honest and people will usually work with you.
Dodge calls and ignore the issue and that’s when things get ugly.
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Some people have asked if I use 15 year mortgages or 30 year mortgages and why.
I only use 30 year mortgages since this model creates the largest amount of cash flow and cash flow is the lifeblood of any investment.
I may choose a lower mortgage term when I'm closer to the…
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With remote work becoming the norm, the importance of location has shifted.
Have you moved or considered moving because you can work from anywhere?
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Instagram-worthy homes are a trend, but does social media paint a realistic picture of real estate?
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