All Forum Posts by: Matt Groth

@Vipul Shah had an attorney speak at our contractor continuing Ed class, and he said State Farm the absolute worst for paying out claims

@Greg R. You should also run the math if you decided to sell in 2009

@Gurjot Grewal in the search for a reliable car do you buy the cheapest you can find?

@Russell Brazil the only homes in my market for sale are champagne prices for a beer house, and currently there are only 2 of those. Anything of quality is gone in under a week, for over ask, sometimes by a lot over ask. The bulk of our buyers are paying cash, so the rate is irrelevant

@Immanuel Pierre "when the student is ready, the teacher appears". If you are "figure it out", start by doing that, and in the process of figuring, you will meet people. It's kind of like a new kid at a school asking the cool kid to be friends. That's not how it works, usually. Relationships are formed over time, so put yourself in situations where you can meet the kind of people you aspire to be, and don't ask for anything. Hang around long enough, and continue to improve, and you will find your mentor.

@Terrell Garren I wouldn't really want that gig at an unaffordable price. Anyone that has the time in their schedule to do that is probably not someone that has the expertise needed to build the business you are describing.

@Sabriya Simmons if a gc asks for reloadable gift cards, i would doubt they are very professional. Are they actually licensed and insured? I'm a gc, and that method of material payment would have made me run the other way.

@Jim K. We need immigrants asap...

@Jim K. I've been telling anyone that will listen about the labor shortage in the trades now, and the absolute cliff coming in the next 10 years. Under 30 doesn't seem to want to work in the trades, at ANY price. I asked 5 or so under 30 i know just last week if they would do it for 100k, 1 of 5 said "maybe". Double or triple whatever they are making now doesn't sway them...at all. 3D printing sounds great, and maybe some niche markets, sure...but pipes still clog, roofs need repair, etc. There is literally no one coming. We always want a tech solution, because of it's ease, some things just take effort, effort that fewer and fewer are willing to give.

@Jim K. Exactly this. I'm a gc, booked out 2 years. Looking for help. Prepandemic, you could find a laborer for 20 an hour. Now, 30 gets no response. I did an informal poll of a few 20 to 30 year Olds this past week. Small sample, but asked them if there was a number that they would consider bring in the trades...100k a year didn't move them. They are likely currently making 40 to 60...Last fall I offered a kid working fast food 50 percent more than he was making, with a review and bump in 30 days. He didn't show day 1, and called 3 days later saying he really wanted the job.

I far from a permabull, but McDonalds was paying 12, now that is 20, for 0 increase in output. We are paying 4 for gas that was 2. I don't believe houses are "up" as much as the metric we are using to measure them ( dollars) are down. I'm in a small town, where people want to live. Inventory is at 0. Lots of locals calling a top, but no one is selling. Realtors have 20 buyers for every listing, half are paying cash. Existing still is selling at a discount to new. Not saying it isn't possible, but I feel like with all of those factors, flat on the year would equate to a crash.