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Questions You Always Wanted To Ask A Master Builder But Never Had The Chance
Building a house (or lots of them) seems to be an area of knowledge that is kept secret (insiders only), with clients kept in the dark and fed on expensive "cow dung." A while ago I asked my US readers of my e-book, "Residential Development Made Easy" for questions they would like to ask a Master Builder. I found a unique individual, Leonard Manion, who has been very generous with his time (he builds in 48 States) who gives answers straight from the shoulder with apologises to no one. I must also say that few builders would spend the time to cater to these questions and answer so frankly. Leonard answers are denoted by the ProCustom Home tag. I have kept the questioner's identity private, however the answer has been send to them by email. Question 1. My wife and I are planning a new small retirement home. We have in mind a couple of builders in this area, and I plan on asking him these questions. My wife is very adept at planning and researching. Under what circumstances do you recommend we hire an architect? and Why or why not? (This is not a loaded question. I am not an architect and neither is my brother-in-law. We would prefer to build without hiring an architect.) Master Builder Replies This would depend upon your budget. Some architects charge as much as 10% of the budget of a home to do the plans. We don't like to place our clients into a position of hiring an architect until they really need one. First, the loan, then the land, then the architect. In our case, we have in-house architects and structural engineers. We recommend our clients to hire a Interior Designer (ASID) and have them work with you to design the floor plan which is uniquely suited for how you and your family use space and the style you like. Armed with the floor plan you would then send it to us and we would create your architect blueprints from it. Blueprints are part of the quote we provide our clients. This way they don't have sticker shock from a local architect. Question 2. How much price and quality research re materials can we expect our builder to do or to have done? Master Builder Replies This depends upon the builder you hire. For the most part, you can't expect too much. Most builders work in their comfort zone. With materials they're used to working with. They usually won't try something else unless insisted upon by the home buyer or developer. And, then they usually hire an outside source to do this. In our case, we use current technology and one of the reasons why we are both profitable and successful is that we keep abreast to new technology and want our buyers and developers want in their homes. Question 3. Is it reasonable for us to ask our builder to identify his subcontractors and allow us to talk with the primary subs before we contract (and after)? Master Builder Replies It is reasonable, however, not very realistic. Subs come in and out of a job site. If one is not available another one is called in. Instead, you may want to concentrate on ensuring the builder has the proper permits and insurance for building. Especially for workman's comp and for liability. What few people realize is that they can be held accountable if the builder doesn't have the correct insurance. Let's say that a child comes on to the site after the builder has left. Decides to climb to the roof and jump. Guess who's liable? Check the references of others he's built for. Question 4. What do you, as the builder, expect the homeowner to do (other than to pay you as and when agreed). Master Builder Replies As the builder, we expect the home buyer to be reasonable and realistic in their expectations. We have made is easy as possible to work with us. We can provide financing required. We can provide the Realtor to assist you to finding the ideal location. We can tell you the appraised value. And, we can help you find an Interior Designer to help you come up with a visual floor plan. The biggest problems that most builders run into is when the home buyer to either change what has been agreed to or is unrealistic in what they want. This is why we have our home buyers sit down with an Interior Designer. The ASID can sit down with you and help you visualize exactly what you want and help you make any compromises you may have to make. It is very expensive for to make changes. Let's say that you wanted a 17x20 kitchen. Sounds like a big kitchen. Probably too big. However, once the cabinets and appliances start coming in you realize that it's too small and want the kitchen to be bigger. This may cost you an extra $50k to make those changes. You can save yourself a small fortune by first working with ASID on floor space, storage, placement, design, and style. Colm Dillon, $1.2 Billion Developer & Author of "Residential Development Made Easy," The Only E-book In The World That Teaches 'Individuals' How To Develop Residential Real Estate, Has Readers In All US States And 83 Other Countries Growing Their Wealth. Learn More About What This "Guy Who's Done It" Has To Teach You On His 'No Padding' Web Site: http://www.realestatedevelopmentcoach.com/ez His Motto: Learn It The Right Way, The First Time
MORE RESOURCES: A Growing Problem in Real Estate: Too Many Too Big Houses The Wall Street Journal Baby boomers and retirees built large, elaborate dream homes across the Sunbelt—only to find that few people want to buy them. Housing market is tipping in favor of buyers, real-estate agents say MarketWatch Real-estate agents around the country weigh in on what they're seeing in their areas, and some broad national trends are emerging. Direct-To-Seller Outreach: How To Find Real Estate Deals In A Competitive Market Forbes The most common complaint I hear among both new and experienced real estate investors is that there are no deals in their market. It doesn't matter where their ... Google NYC Real Estate Head On Why It Has Succeeded Where Amazon Flopped Bisnow Google's New York real estate chief says partnerships — with the community and elected officials — is the key to expanding in cities. Are Real Estate Agents Obsolete? Inman.com Many consumers don't trust real estate agents and will always be on the hunt for ways to buy and sell without our help. If we don't seize every opportunity we ... Compensation for Corporate Real Estate Professionals Jumps GlobeSt.com In a recent survey of corporate real estate executives at corporations globally, 87% reported that their base salary increased from 2017 to 2018, by an average of ... Real Estate – March 21 Greenfield Daily Reporter The following real estate transfers were recorded recently in the Hancock County Recorder's Office:Feb. 15Patrick A. Holliday to Dalton J. Bragg, 8748 N. County ... February Real Estate Statistics Lansing State Journal The market started showing signs of waking up from the winter hibernation according to data compiled by the Greater Lansing Association of REALTORS®. Green New Deal and Tahoe real estate Tahoe Daily Tribune There has been a lot of media coverage about the Green New Deal (GND) and we would be negligent if we didn't discuss the potential impacts on Lake Tahoe. Zillow, Opendoor, and ‘iBuyers’ are changing real estate transactions Curbed Algorithm-powered home-flipping platforms have sparked a race to become the one-stop shop for all things real estate. Ask a real estate pro: Don't be a victim; protect yourself when buying or selling property Sun Sentinel Real estate lawyer Gary Singer writes: Financial crime and fraud are a problem in the real estate industry. Criminals can be very creative in separating you from ... Negotiation Tactics From Some Of The Best Real Estate Masterminds In The Business Forbes A forthcoming book, Real Estate Titans: 7 Key Lessons from the World's Top Real Estate Investors by Erez Cohen, has eleven in-depth interviews with some of ... Five major real estate firms face far-reaching antitrust lawsuit Washington Post In what could be the most far-reaching antitrust lawsuit for the real estate market in decades, the National Association of Realtors and four of the largest realty ... Exclusive: KKR raising first Asia real estate fund, targeting $1.5 billion - sources Reuters HONG KONG (Reuters) - Global investment powerhouse KKR & Co Inc is raising its first Asia-focused real estate fund, targeting $1.5 billion as it looks to deepen ... Watch an Entire Real Estate Concert from This Day in 2009 :: Music :: Features :: Real Estate :: Paste Paste Magazine Real Estate have been the reigning kings of guitar-pop in indie rock for about a decade now. And it just so happens that 10 years ago on this day (March 21), ... Real Estate Fresh Finds: March 20 PoPville Real Estate *Fresh* Finds is a weekly selection of newly-listed properties in the District, brought to you by Real Living At Home. Featured Property of the Week: ... ERA Real Estate Recognizes ERA American Real Estate As 2018 Circle of Light for Community Leadership Award Winner PRNewswire MADISON, N.J., March 21, 2019 /PRNewswire/ -- ERA Real Estate, a leading global real estate franchisor, recently recognized ERA American Real Estate, ... Major real estate firms face antitrust suit Springfield Business Journal The National Association of Realtors and four large real estate firms are facing a far-reaching antitrust lawsuit. A class-action suit alleges home buyers are ... Reston Real Estate: Just Listed Reston Now Reston has 171 properties on the market, which remains stubbornly price sensitive. This weeks Just Listed has some of the newest listings in Reston. Scared of Stocks? Buy a House Instead Bloomberg Real estate may be a better — and safer — investment than I thought. This is my conclusion after reading a comprehensive study published this month titled, ... Real Estate Transfers: March 21, 2019 Riverhead News Review Listings prepared for Times Review Media Group by Suffolk Research *Service*, dated Jan. 21-27, 2019. Recent Commercial Real Estate Transactions The New York Times $49/SQ. FT. $53,900 approximate annual rent. 231 West 39th Street (between Seventh and Eighth Avenues). Manhattan. 8th Story, a luxury women's fashion ... Worcester County real estate transactions: March 17, 2019 Worcester Telegram Athol$350000, 321 Main St, Athol FT, and Mohaghegh, Hamid, to Bell, Keith.$190000, 400 Lenox St, Rasch, Joshua A, and Cartee, Gabrielle, to Manjourea, ... Stocks ease off session highs; tech, real estate lead the climb Seeking Alpha The three major U.S. stock averages ease off their session highs in noon-hour trading. Among the catalysts for the market's upward path: February leading i. Real estate brokerage adding Southside outpost RichmondBizSense SRMF will open its third location at 9004 W. Huguenot Road in the Stony Point Shopping Center. (Photos by Jonathan Spiers). The SRMF boys must have a ... Tax on high-end real estate sales could generate hundreds of millions for Boston The Boston Globe A tax on sales of high-dollar real estate in Boston would generate an enormous amount of money for affordable housing, but could dampen the city's real estate ... 5 real estate pros who rock social media (and how you can too) Inman.com If you're a real estate pro looking to build a respectable, fun, friendly and professional social media reputation then take a page from the books of these five real ... Deputy Chief Of Bulgaria's Ruling Party Faces Probe In Real Estate Scandal RadioFreeEurope/RadioLiberty The Bulgarian Prosecutor-General's Office says it is launching an investigation into a real estate deal by the deputy chairman of the ruling GERB party as a result ... Zephyr Real Estate-Marin Agents Host 2nd Women Building Wealth in Real Estate Workshop GlobeNewswire SAN FRANCISCO, March 21, 2019 (GLOBE NEWSWIRE) -- M. J. Koontz and Sandra Luna, investment real estate agents at Zephyr Real Estate in Marin, are ... Daniel Radmanovic Joins DiLillo Real Estate Bethel, CT Patch Daniel Radmanovic Joins DiLillo Real Estate - Bethel, CT - DiLillo Real Estate is proud to announce the newest member of its growing Bethel-based agency. Real Estate Assessment Center: HUD Should Improve Physical Inspection Process and Oversight of Inspectors Government Accountability Office HUD provides financial assistance to ensure that affordable rental housing is available for more than 2 million low- and moderate-income households. House Hunting in … St. Lucia The New York Times Bad weather and shaky economies in other parts of the world have conspired to hold down prices and demand on this island nation. Rethinking Real Estate: The Big Case For Small Residential Forbes Why doesn't the small residential industry garner more attention from the media, the public and even the real estate industry? Real Estate in Brief: Broker alliances, rebranding and more Chicago Agent magazine RE/MAX announced in a March 18 press release that it had entered into a “strategic alliance” with Redfin to boost sales at both nationwide brokers through ... Realogy to roll out AI tools for real estate professionals HousingWire Residential real estate giant Realogy has debuted as suite of AI tools for agents that it hopes will reshape the future of real estate. At its RGX conference in Las ... Billions in Toronto Real Estate Bought Anonymously, with Funds of Unknown Origin WOLF STREET Looking to launder some cash? You might want to head over to Toronto, and use the real estate. A new Transparency International Canada (TI Canada) report ... Real estate firms accused of 'conspiring' to overcharge home sellers in class-action suit Fox Business The suit alleges anti-competitive practices that have resulted in artificially high commission levels. Ojo Labs raises $45 million to develop a chatbot for real estate VentureBeat Ojo Labs, an Austin-based company developing a real estate chatbot aimed at digital native homebuyers, announced it has raised $45 million in funding. How Do Analysts See Ares Commercial Real Estate Corporation (NYSE:ACRE) Performing In The Years Ahead? Simply Wall St In December 2018, Ares Commercial Real Estate Corporation (NYSE:ACRE) released its most recent earnings announcement, which indicated that the ... Real estate agent rapes woman looking to relocate from China to Florida New York Daily News A Chinese woman who was house hunting with the idea of relocating was raped by a rogue real estate agent who said police would believe him over her. Bay Area's largest real-estate firm? It's a New York startup Palo Alto Online Compass, the venture-funded real-estate startup that launched its first office in the local market just over two years ago, became the Bay Area's largest ... McColly Bennett agents attend, speak at real estate conference Kankakee Daily Journal Daily Journal staff report. Bridget Bouck and Jeff Bennett, of McColly Bennett Real Estate, attended the Leading Real Estate Companies of the World Agent ... Five Trends That Will Impact Real Estate Investing This Year Forbes A disciplined approach to real estate investing can uncover opportunities that lead to outperformance with less risk. North Marin: Return of office real estate sale boom North Bay Business Journal Between June 2014 and February 2016, 37 percent of our north Marin County class A office inventory transferred to new ownership — over 46 percent if the ... Mark Pruner to Speak at RMA: The Greenwich Real Estate Market, Trends Impacting Prices Greenwich Free Press The Greenwich real estate market is a $1.4 billion market that shapes much of life in Greenwich. We have more high-end houses than the rest of the state ... Accomack delinquent real estate list to appear on County website Shore Daily News A list of all who owe delinquent taxes payments to Accomack County will be published on the County's website. The list is being certified by the Treasurer. Opendoor’s valuation hits $3.8B with latest funding round The Real Deal The iBuyer startup Opendoor has raised $300 million, bringing its valuation up to $3.8 billion. “The system is broken.” Real estate world clashes with NYC politicians at rent regulation panel The Real Deal In the next two weeks, state lawmakers are expected to pass the most sweeping rent regulation reform package in decades. It has the city's real estate industry ... Interested in real estate? Listen to these 6 podcasts AZ Big Media Whether you're a first-time home buyer, real estate agent or seasoned investor, purchasing a home or piece of land is the largest purchase you'll ever make. As pied-à-terre tax gains steam, NYC real estate industry pushes back Curbed NY As the deadline for a new state budget looms in Albany, one formerly stalled piece of legislation—the pied-à-terre tax, to be levied on second homes in NYC ... Demand for Petaluma commercial real estate outpaces supply North Bay Business Journal Companies and people want to move to Petaluma, and Petaluma wants to house them. Office space demand will remain flat this year, and industrial demand ... Home & Garden TV with Alexander Sifakis from JWB Real Estate Capital iwantabuzz.com Home & Garden TV with Wally Conway brings viewers first-rate insight, advice and tips on home improvement. Today, Wally talks to Alex Sifakis. Class action suit could change real-estate commissions Miami Herald In what could be the most far-reaching antitrust lawsuit for the real estate market in decades, the National Association of Realtors and four of the largest realty ... Police: Real estate agent raped woman who was house hunting Minneapolis Star Tribune Police have arrested a real estate agent who they say raped a woman who came from China to look at houses in Florida last year. How to Avoid the Next Real Estate Downturn The New York Times Property investments have long been associated with wealth creation. In a recession, though, they can be risky for owners who need to sell. Real Estate Insider: Emagine affiliate sells Detroit property | Hudson's project design still ongoing | CoStar Power Broker awards Crain's Detroit Business Detroit's Emagine Entertainment Inc. theater will not be located in the Milwaukee Junction neighborhood after all. That's because I'm told by a source familiar ... Dallas Mayoral Candidates Address the Real Estate Community D Magazine The Real Estate Council is the latest organization to welcome the city's mayoral candidates to address their corner of Dallas. Onstage at Gilley's Monday night ... A Real Estate Game Changer – GeekWire Events Calendar GeekWire A multi-year, multi-billion-dollar transformation of Seattle's waterfront is triggering a residential revival along the two-mile stretch that—until recently—was best ... Under plan, city real estate tax rate would be unchanged The Daily Progress City staff have identified $850000 in proposed savings by eliminating a planned increase in the transfer from the general fund to debt *service* fund. A Closer Look at Digital Twin Technology for CRE National Real Estate Investor A new Digital Twin technology offers commercial real estate developers and owners a powerful data tool that can expedite project construction, provide asset ... Plan to triple real estate transfer tax gets big backing Crain's Chicago Business A major Chicago civic group is endorsing a proposal to move to a graduated rate of up to 3.3 percent that would apply not just to "mansions" but commercial ... Real Estate Transfers For March 14-20 The Chattanoogan NOTICE: The Hamilton County Register's Office did not publish this data. All information in the Register's Office is public information as set out in T.C.A. 10-7-503 ... Be A 1-Click Landlord: 3 Real Estate Stocks Paying Up To 7% Forbes The three lodging REITs we'll discuss here yield between 4% and 7%. Facebook Ad Changes: How Will They Affect Real Estate Agents? | RisMedia.com Facebook is again amending its marketing program. What does this mean for real estate? Hopkinton real estate transfers from March 6 to 12 Concord Monitor Hopkinton real estate transfers from March 6 to 12.Amesbury Road; $45000; Shirley M. Morash to Northeast Builders Inc.144 Brookwood Lane; land and ... San Francisco real estate and the IPO frenzy of Uber, Airbnb and Slack Curbed Marco Carvajal, a long-time real estate agent with Vanguard Properties, says the city's upcoming frenzy of initial public offerings (IPOs) has become an everyday ... Chicago's JLL acquiring Dallas real estate firm HFF in $2 billion deal Chicago Tribune Commercial property company Jones Lang LaSalle is buying Dallas' HFF, one of the country's biggest investment property brokers and real estate finance firms. Opinion: 'Close Rikers' Eschews Real Reform for a Real-Estate Drama City Limits Over the past two years there has been a steady drumbeat of op-eds about how terrible the city's jails and prisons on Rikers Island are and how great is the need ... Zillow scores key win in long-running copyright battle with real estate photography company VHT GeekWire A federal appeals court largely sided with Zillow in a decision late last week involving a long-running copyright battle with real estate photography company VHT ... Real Estate for the Afterlife The New York Times If the ever-soaring price of condos in New York City has your head spinning, wait until you shop for a cemetery plot. Prices for the last piece of real estate that ... Real-Estate Industry Blasts ‘Pied-à-Terre’ Tax on High-Value Second Homes Wall Street Journal The real-estate industry is launching a frontal assault against a plan in Albany to impose a stiff annual tax on wealthy owners of part-time homes in New York ... Suspect in death of real estate executive dies in apparent suicide Bradenton Herald Alejandro Aparicio, who was suspected of foul play in the death of his girlfriend Andrea Greenberg, died of an apparent suicide in a fiery head-on collision on ... Courteney Cox Returns to Her 'Friends' Apartment -- See the Real Estate Reunion! Entertainment Tonight Monica Geller is back at her old digs! Courteney Cox paid a visit to her old Friends apartment on Wednesday, taking to Instagram to joke that 15 years after the ... Updated Syracuse.com real estate sales includes $19 million medical building Syracuse.com Syracuse.com has updated its search of the latest residential and commercial real estate sales in Onondaga, Oswego, Cayuga and Madison counties. Cushman & Wakefield Real Estate Firm Starts Sports Advisory Group SportsBusiness Daily Chicago-based real estate company Cushman & Wakefield is launching a sports and entertainment advisory group in partnership with W Partners, the boutique ... Real Estate Newsmakers SouthCoastToday.com Aviles earns top producer honorsDarlene Alferes, president of Alferes Realty, announced that Roy Aviles is the agency's top producer for the month of February. Real Estate Brokers Who Do Not Offer Marketing Automation May Become Obsolete | RisMedia.com Brokers: Are you automating your marketing? If not, you could be outmoded quickly. Luxury Real Estate is Weakening Nasdaq (New York)The high end of the real estate market is faltering, and banks are feeling it acutely. So-called jumbo mortgages, or those outside of. AT&T office in Charlotte sold to real estate investment group Charlotte Business Journal Shopoff Realty Investments and co-investment partner Praelium Commercial Real Estate have acquired a single-tenant, four-story office building in Charlotte for ... The Brownstoner Top Leaders in Brooklyn Real Estate, Architecture, Design and Development 2019 Brownstoner Meet the top leaders in Brooklyn real estate, architecture, design and development. They will be honored at the RADD Awards. Lebanon County real estate transfers for week of March 18 Lebanon Daily News The following real estate transfers were recorded recently in Lebanon County: Lebanon. Goods Realty Investment LLC to Travis D. and Shari R. Good, 101 and ... Akron Ohio News - West Side Real Estate News & Notes Akron Leader Publications Akron, Ohio Real Estate News & Notes for Summit County & Fairlawn/West Akron. Real estate maven Mary Demetree shares her backstory - Orlando Business Journal Orlando Business Journal The workplace was rigid toward women in the 1980s and '90s — something this business executive knows about firsthand. The next frontier in real estate technology TechCrunch From entertainment to transportation, technology has upended nearly every major industry — with one notable exception: real estate. Instead of disrupting the ... Real Estate Market Trends Flathead Beacon This chart shows the median sold price percentage of original list price for Flathead County single-family residence sales the past 14 months – by original list ... Does NBG Pangaea Real Estate Investment Company (ATH:PANGAEA) Create Value For Shareholders? Simply Wall St While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why ... Erie County Real Estate Transactions Buffalo News Following are real estate transactions over $5000 as listed in records of the Erie County clerk's office for the week ending Feb. 15. ALDEN • 12906 Genesee… Tomkinson: Hudsonites weigh in on proposed real estate project at Main and Cameron Montreal Gazette Hudson utilizes the SCAOPI process for the first time in order to deal with a new residential-commercial building proposed to be built on Main St. Real estate mogul sues former business partner over 'hidden' money New York Post A real estate mogul who claimed his former business partner plotted to inject him with a psychedelic drugs has filed a new lawsuit that says the same man is... Boatright wins coveted award for Outstanding Achievement in Real Estate Sales Eatonton Messenger PLEASE LOG IN FOR PREMIUM *CONTENT*. Our website requires visitors to log in to view the best local news. Not yet a subscriber? Subscribe today! Why Real Estate Investing Might Make You a Mint The Motley Fool At The Motley Fool, our primary investing focus is on individual stocks -- which we view as the most powerful tool out there for long-term wealth building. Real Estate Briefs | Real Estate Charleston Post Courier Berkshire Hathaway HomeServices Carolina Sun (BHHS) Real Estate hires three new agents. Real Estate Developers Are Now Designing With Instagram in Mind Fortune Designer Ryan Korban has always been devoted to Instagram. An influencer himself (with some 137,000 followers), the 34-year-old New School graduate ... Biggest Lender in Brazil Puts Distressed Real Estate Up for Sale Bloomberg Pedro Guimaraes had no time to revel in Brazil's wild Carnival celebrations this year. Oklahoma City, Tulsa real estate transactions Journal Record These lists of real estate transactions appear in the March 22, 2019 print edition of The Journal Record. Vegas real estate broker who didn't pay income tax for 20 years convicted of tax fraud News3LV William Waller Jr. , a former real estate broker from Vegas, hasn't filed an income tax return since 1998, when he reported that he had made no income. Now ... Inked: Recent LI real estate deals Long Island Business News The latest transactions in Long Island commercial real estate. Fauquier County real estate transfers March 8-14 Fauquier Now The Fauquier County Circuit Court clerk's office recorded these real estate transfers March 8-14, 2019. The Bronx is getting a new affordable housing complex The Real Deal Mastermind Ltd is moving ahead with plans to bring an 11-story multifamily development to the Tremont section of the Bronx. The Six Ingredients Of Boston's Hearty Real Estate Outlook Forbes Real estate may be facing a national cooling off period, but Boston's hearty market is set to weather the cold. |
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