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All Forum Posts by: Paul Brown

Paul Brown has started 5 posts and replied 24 times.

Originally posted by @Chris Boyington:

@Paul Brown

Why not start a staging business? You have trucks and guys that can move furniture. It’s just moving the same furniture over and over again. In one week and out the next. You may need to hire someone with interior design expertise and get some inventory of couches and tables but I think that’s a great fit for what you have already. Get your top tier employees good with hanging pictures and you are set. Chicago is a huge market so you will always have work. If you expand to Milwaukee let me know!

Thanks Chris. Another great idea! I do have a warehouse where I can store the furniture. I will explore that as well.  

Wow! Thanks so much for all the replies and excellent suggestions. I really appreciate all of you taking the time to put some thought into this! Honestly...it really shows the genuine giving/helping nature of the BP community. 

Originally posted by @John Warren:

@Paul Brown I really like the idea of doing interior demo work. There are definitely companies that specialize in that, but there isn't much training involved. Any guys that can do moving will be careful enough not to smash the wrong thing generally. I also think the investment will be pretty low. Maybe buy them some tools, and that is about it. 

Thanks John. I see you are in Riverside. I love that city. I used to own an insurance agency in the old Landmark building right by the train station. 

Originally posted by @Charles Thompson:

@Paul Brown

Do you have 100 w2 employees or 100 independent contractors that work with you in the moving business?

If you are thinking of giving them work in another trade, I’m assuming they are handyman 1099 skilled laborers...

Does each guy have his own general liability coverage?

They are W2 employees. They are drug tested, background checked and covered under my GL and workers comp policy. I'm not looking to turn them into tradesmen nor am I qualified to train them as tradesmen. I'm thinking maybe they do demo, light painting, etc. Or like Jonathan suggested maybe I sub them out for general labor or start a side business for interior demo work. I'm just looking for ideas on type of work they could do with minimal training.

Thanks Jonathan. I have kicked around junk removal but junk trucks are a pretty big investment with lots of intial costs (truck, insurance, registrations, licenses, etc). Maybe interior demo would be more cost effective and only incur expenses on an "as-needed" basis with roll off dumpsters. Would love for you or anyone else to share how these companies typically charge. 

Well as I said they are lower-skilled so not really an option to have them do advanced contstruction. I can train them in some of the basics but I really dont think having them try to do skilled labor is the way to go. I want to leave that stuff to the contractors. Maybe some basic demo, painting, etc but like I said they also work for me doing moves for customers so it is somewhat sporadic on availability. Yes...they are drug screened, background checked and have workers comp. Like I said...there has to be some sort of good fit here I just don't have enough experience in the real estate field to figure out the opportunity. 

I know this is a strange post but I am looking for advice/guidance. I own a moving company in the Chicago area and have ~100 employees (full+part time). We are very seasonal and even during a month busy only at certain times (ie: beginning / end of month when leases/closings tend to happen. My guys are very hard working and always looking for extra hours and I am looking for ways to give them hours to lower turnover.

I own a couple of rental properties and am looking to further expand in real estate. What synergy between the two entities could I have?

So if you already had 100+ physically hard working guys what segment of real estate would there be a good opportunity? I have thought of utilizing them for marketing of distressed properties (driving for dollars), interior demo work for other rehabbers, also the interesting concept of "pre-habbing" that I have read on BP (J Scott & Glenn Schworm), etc. Again, I know this is a strange question but I’m looking for direction from some experienced real estate people on possible opportunities.

Post: Insurance agent recommendation - Illinois

Paul BrownPosted
  • Investor
  • Posts 26
  • Votes 52

Hi Arjun. I used to own an insurance agency in Illinois for 10 years and then sold it. I have a guy that handles my rental properties and can help. Send me a DM and I can forward you his info.

Post: Chicago Western Suburbs Shower Door Contractor Needed

Paul BrownPosted
  • Investor
  • Posts 26
  • Votes 52

Thanks Mark. Very appreciated.

Post: Chicago Western Suburbs Shower Door Contractor Needed

Paul BrownPosted
  • Investor
  • Posts 26
  • Votes 52

I'm looking for a shower door contractor in Chicago Western Suburbs (Lombard). Need a glass door purchased and installed. Odd shape so want a specialized contractor for it. Thanks in advance.