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re: Is there a more shady, legal industry than residential construction?

Posted on 8/17/23 at 9:16 pm to
Posted by StrikeIndicator
Sec. 419
Member since May 2019
972 posts
Posted on 8/17/23 at 9:16 pm to
What’s your total SF? What do you think it should cost?
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
35743 posts
Posted on 8/17/23 at 9:20 pm to
Commercial development.....
Posted by stout
Porte du Lafitte
Member since Sep 2006
179201 posts
Posted on 8/17/23 at 9:21 pm to
quote:

I know costs have gone up but I have an idea of what it should be.




Ahh...you're one of those. That's why no one wants to deal with you.
Posted by mytigger
Member since Jan 2008
15272 posts
Posted on 8/17/23 at 9:22 pm to
Developers
Lawyers
Federal contractors
Posted by TigerBait2008
Boulder,CO
Member since Jun 2008
37907 posts
Posted on 8/17/23 at 9:51 pm to
Car sales
Posted by 4LSU2
Member since Dec 2009
37924 posts
Posted on 8/17/23 at 10:16 pm to
If a GC is building a new custom residential build, they are 9 times out of 10 dealing with a bank to get paid. Said bank pays 4 or 6 payments throughout the duration of the build.

Cash flow concerns for maintaining schedules while dealing with adding costs from the initial bid when end users actually see what their plans reflect yielding immediate changes. All the while end users not giving two shits about the cost accrued.

The GC is forced to use the most available and cheapest subcontractor for each particular trade while jerking off the dog to feed the cat waiting for the bank to pay 60% of the costs accrued to date 60 days ago.

Residential subcontractors demand payment for services provided that week each Friday. If they are not paid that Friday, they do not show up the following Monday. Home owner is stuck bitching and complaining about the quality of work and lack of progress. Multiply this numerous times over for a general contractor.

I always tell end users on the front end before a proposal is ever presented, “You can control two of these three variables.You cannot control all three. If you could, you do not need me. Cost, schedule, and quality. How we proceed is up to you.”
Posted by FowlGuy
Member since Nov 2015
1365 posts
Posted on 8/17/23 at 10:25 pm to
Insurance
Posted by Spasweezy
Unfortunately, Louisiana
Member since Jan 2014
7171 posts
Posted on 8/17/23 at 10:30 pm to
Auto sales, insurance, PI law firms, politics to name a few
Posted by Novastar
Member since Jan 2023
658 posts
Posted on 8/17/23 at 10:46 pm to
quote:

How do these people make money?


By being dishonest. There are very few residential contractors who have integrity and put their clients interest before their own.
Posted by DellTronJon
Member since Feb 2010
1630 posts
Posted on 8/17/23 at 10:55 pm to
quote:

I do have plans


What information is included in your plans? Sections, elevations, details, structural drawings? Are they to scale?

quote:

I have an idea of what it should be.


This is not intended to be mean, but usually when someone says this, they don't have realistic expectations for what something will cost, particularly when demand is high.
Posted by Beef Supreme
Member since Apr 2008
2307 posts
Posted on 8/17/23 at 11:08 pm to
quote:

If a GC is building a new custom residential build, they are 9 times out of 10 dealing with a bank to get paid. Said bank pays 4 or 6 payments throughout the duration of the build.

Cash flow concerns for maintaining schedules while dealing with adding costs from the initial bid when end users actually see what their plans reflect yielding immediate changes. All the while end users not giving two shits about the cost accrued.

The GC is forced to use the most available and cheapest subcontractor for each particular trade while jerking off the dog to feed the cat waiting for the bank to pay 60% of the costs accrued to date 60 days ago.

Residential subcontractors demand payment for services provided that week each Friday. If they are not paid that Friday, they do not show up the following Monday. Home owner is stuck bitching and complaining about the quality of work and lack of progress. Multiply this numerous times over for a general contractor.


Amen.

Aside from the banks, even when owner financed the general population just doesn't understand how slow homeowners pay sometimes. We're not talking small amounts either. The hardest check to get is the check at the end of the job when the bank loan for the homeowners has run out and they have to come out of pocket to pay for their balance or changes, overbudgets, additions, etc.
Posted by GREENHEAD22
Member since Nov 2009
20518 posts
Posted on 8/17/23 at 11:13 pm to
Dont get me started on Zoning and construction. It is the biggest corruption scheme going in most states. SE LA right now and has been for past decade the epicenter for corruption in LA.
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 8/18/23 at 1:28 am to
Even if residential construction were a legal industry, which it isn't, it wouldn't be in the top 5.

Car sales and dealerships are way worse.
Posted by BigNastyTiger417
Member since Nov 2021
5103 posts
Posted on 8/18/23 at 6:58 am to
- Big Pharmacy
- Personal Injury Attourney
- Health Insurance
- Spam Callers
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
465316 posts
Posted on 8/18/23 at 7:05 am to
quote:

Personal Injury Attourney

This has been mentioned a few times. PI attorneys aren't in the top 3 of shady attorney fields
Posted by NIH
Member since Aug 2008
119615 posts
Posted on 8/18/23 at 7:16 am to
I do some construction defect work and it’s amazing the types of entitled shitheads I have run across. Lots of dudes with a barely functioning business that like being cute in depositions.
This post was edited on 8/18/23 at 7:19 am
Posted by Chef Curry
Member since Mar 2019
2881 posts
Posted on 8/18/23 at 8:05 am to
quote:

What information is included in your plans? Sections, elevations, details, structural drawings? Are they to scale?


Yes, the plans include all of this and are to scale.

quote:

This is not intended to be mean, but usually when someone says this, they don't have realistic expectations for what something will cost, particularly when demand is high.


When I almost did this addition a few years ago, I was going to use a construction company where a good friend works as a project manager. They no longer do residential projects, but he went back through his initial bid and told me what a fair price looks like today. That’s what I mean when saying I have an idea of what it should cost. I’m not just blindly saying that with unrealistic expectations.
This post was edited on 8/18/23 at 8:14 am
Posted by Chef Curry
Member since Mar 2019
2881 posts
Posted on 8/18/23 at 8:07 am to
quote:

I can take a look at it if you are interested.


What’s your contact info?
Posted by Purple Spoon
Hoth
Member since Feb 2005
20170 posts
Posted on 8/18/23 at 8:19 am to
quote:

Zoning and construction


This. People wonder why we have drainage and flooding issues. It’s because we have neighborhoods where there should not be neighborhoods. People wonder why the Main Street in their little town is dead and you have attorneys, loan offices, start up restaurants, all working out of houses families lived in 10-15 years ago.

Posted by cyogi
Member since Feb 2009
5145 posts
Posted on 8/18/23 at 8:22 am to
quote:

nobody answers the phone. Most of them don’t call you back and the ones that do either show up hours later than the appointment time they requested or they just don’t show up and ghost you completely afterwards

There's a reason many of these people won't or can't work "nine to five" jobs.
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