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Waning Buyer Demand Is Taking a Toll on the Fix-And-Flip Market

Pro Builder

Investor profits on fix-and-flip properties fell to their lowest level in 13 years during the third quarter of 2022 thanks to surging mortgage rates and weak homebuyer demand. Flippers also benefit when there are lots of foreclosures, short sales, and other cheap properties they can remodel and resell. Fri, 12/16/2022 - 09:48.

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How High Profit Jobs Send Contractors Into Bankruptcy

Contractor Bookkeeping

You have what appears to be a high profit job and now you are thinking you have it made and I hope you are right! The most common situation is when a residential remodel contractor who has built a reputation and a substantial company generating profits of 15% or more decides to start building custom homes.

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Jim Nostedt on How High Performance Can Beat ?Code-Built Homes on Price

Pro Builder

Total Cost of Building Ownership (TCBO) is an analysis builders and architects can use during the design phase of new construction or remodeling projects to help clients compare the up-front cost of a high-performance home , and the operating cash savings they can realize over the long term, with a minimum code-compliant building.

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Spec Home Builders Have Unique Bookkeeping Needs

Contractor Bookkeeping

They could do a fine job, the only question is how long would it take and would you be able to sell the house and make a profit? The difference between a Professional Bookkeeping Service and a Cheap Bookkeeper can cost you tens of thousands of dollars a year or more on your bottom line profit. We know what to do!

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Construction Bookkeeping Unique Features

Contractor Bookkeeping

Business Owners - Need three basic reports, Cash, Profit and Equity. Profit And Loss Report. Sales - Expenses) = Profit. It is easy to run reports to determine which items are profitable and unprofitable and make adjustments quickly as needed. -. Chart of Accounts Financing Costs. Chart of Accounts Financing Costs.

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Constructonomics Gets Smoked Again

Constructonomics

So with all kinds of juicy gossip flying around the web these days, I’m going to give you some more with the public bid results for the remodel of the BerksCounty Library and Coroners office in Leesport, PA. There were some rough months out in the Vail Valley. So in some cases I only recieved one bid for parts of the work.

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Home Builders Who Need To Keep Track Of Specialty Contractor Costs

Contractor Bookkeeping

They could do a fine job, the only question is how long would it take and would you be able to sell the house and make a profit? The difference between a Professional Bookkeeping Service and a Cheap Bookkeeper can cost you tens of thousands of dollars a year or more on your bottom line profit. We know what to do!