All Forum Posts by: Rich Emery

Hello All,

I usually do my own GC work, but I'm attempting to manage projects from out of state. I'm looking to pick up a number of projects in 2024 and looking for a reliable GC that I can develop a strong, long term business relationship with. 
Areas: anywhere in the Northern Colorado region.

Please be able to answer the following questions:

Is your company insured with adequate coverage?

How long have you been in business?

What is your license number?

What is the payment collection like?

What is the best way to get in contact with you?

Is there a warranty on the work you provide?

Is your company in good standing with a trade association?

That is all for now. Looking forward to hearing from you.

That'd be great!

Hello All, 

I usually do my own GC work, but I'm attempting to manage projects from out of state. I'm looking to pick up a number of projects in 2024 and looking for a reliable GC that I can develop a strong, long term business relationship with. I'll be out of state but planning on visiting job sites relatively often to check up on work progress and whatnot. Areas: pretty much a 20 mile circle from Cincinnati city center. I tend to work in Northern KY (Newport, Bellevue, Covington, Dayton) but have done plenty of projects on the Ohio side of the river. I tend to work on the east side of Cincinnati mostly. 

Please be able to answer the following questions: 

Is your company insured with adequate coverage? 

How long have you been in business? 

What is your license number? 

What is the payment collection like? 

What is the best way to get in contact with you? 

Is there a warranty on the work you provide? 

Is your company in good standing with a trade association? 

That is all for now. Looking forward to hearing from you.

 I have not.  I believe you're absolutely correct.  I'm brand new to this line of marketing.  I know I can create a pro forma in terms of finished project rental numbers.  Building costs - I'm working on this currently, still collecting data.  As far as a pitch deck - do you have any pointers on this?  Maybe a resource on how to create an effective pitch deck?  

I'm working on many of these items currently.  Still lots of questions marks as I continue to explore all options.  Here's what I do know:

 I know the cost to build should be around $200-250/ft, depending on type of build.  Many options here - 3 single family homes, detached OR 2 sets of 2 townhomes.  The build could be piecemeal, meaning 1 set of two townhomes at a time.  I do have a builder in mind that has a great track record.  

Each home should be worth at least $600k, again depending on build.  Likely quite a bit more.

Permits still need to be applied for.  Zoning is appropriate for what I'd like to accomplish here.

Investor return - would need to talk to you regarding this.

Feel free to DM if you want to talk more!

 I've spoken to some!  Definitely open to speaking with more if you have contacts.  Sorry for the big delay!

I own a plot of land with Cincinnati city views and am seeking financing/equity partners to develop the property.  The property is in Newport, KY in a ripe area for development.  Dozens of multi-million dollar homes are in development just a few blocks away.   

The lot is 120' wide x 100' deep, currently zoned as 1 lot but can be subdivided as long as the minimal lot width is 25'.  The idea is either: 3 standalone single family homes or 4 townhome style homes that take advantage of the city view.  It is on a hillside, geotechnical report has been completed and available upon request.  The value here is in the view.  Dozens of multi-million dollar homes are in development just a few blocks away. 

Would love to see if there's any individuals, lenders, potential partners out there interested in getting creative in ways to get this project off the ground.  My current individual income does not support developing this project.

 Awesome, thank you for the reply!  Luckily it won't need rezoned for single family, just subdivided.  A year?! Ugh, I hope the city is a bit quicker than that.  

I've got a pretty good idea that single family 2-3 story homes / townhomes will work nicely here. This is according to my prospective builders and just from what I see all around the city.  

 This is allowed per city code.  I'm looking into the fine details currently.