article thumbnail

Phases of Commercial Real Estate Development

Construction Marketing

Developers must understand the various financing options, such as traditional bank loans, private equity, and government programs. The developer may also be responsible for arranging to finance the project, which can consist of a combination of equity and debt. You must secure financing for the project.

article thumbnail

What You Should Know Before Taking a Construction Loan

Construction Marketing

To win the construction loan approval, make at least a 20% down payment, ensure you’ve got a great credit score, low debt to income rate, sufficient earnings to pay off the loan, construction and project budget approval, and general contractor or builder approval. What to consider about construction loans.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Sales commission or salary: The conudrum

Construction Marketing Ideas

Residential contracting consultant Michael Stone has never wavered in his belief (and advocacy) that residential contractors should employ sales representatives who work on pure commission. in some fields, such as real estate sales, there seems to be only one answer: pure commission.

article thumbnail

Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

The Balance Sheet is the summary report which shows all of the assets minus the liabilities which equals the "Book Value" or owner''s equity. Owner’s equity is in theory what would be left over if you liquidated the company, sold the assets and paid all of the debts or liabilities. Service Agreements Place On The Financial Reports.

article thumbnail

Sean Kavanaugh's Unique Plumbing and Mechanical Contractor Insights

Contractor Bookkeeping

Cathartic as it grew it became a source of income and the company that developed the site Todays Growth Consultant hired me full time to manage content on 235 authority websites. Business Consulting And Accounting & Fast Easy Accounting 19909 64th Avenue West, Suite 201 Lynnwood, WA 98036 206-361-3950.'

article thumbnail

Oregon Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The Award is based on two years (at full operation) of estimated incremental personal income taxes that the state would collect from new employees at the above pay scale. Qualifying businesses may receive a credit against the business’ annual state income or corporate excise tax liability. OTHER INCENTIVES.

Oregon 40
article thumbnail

Sean Kavanaugh's Plumbing And Mechanical Contractor Insights Part 1

Contractor Bookkeeping

Cathartic as it grew it became a source of income and the company that developed the site Todays Growth Consultant hired me full time to manage content on 235 authority websites. Business Consulting And Accounting & Fast Easy Accounting 19909 64th Avenue West, Suite 201 Lynnwood, WA 98036 206-361-3950.'