article thumbnail

2022 Construction Tips for Restaurant and Other Commercial Building Owners

Wolgast Corporation

The cost and availability of building materials can presently be described as highly unpredictable, so the pre-planning phase has become the key to Restaurant Construction more than ever before! We have strategies to share to get your restaurant or business operating quicker and generate income faster.

article thumbnail

Property Development And Marketing Tips To Maximize Your ROI

Construction Marketing

You should also know which materials are ideal for building commercial properties that attract your target customers. For example, if you intend to build luxury apartments, your target customers will be comprised of high-income earners. Developing residential and commercial property is an excellent way of earning extra income.

Income 156
professionals

Sign Up for our Newsletter

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

article thumbnail

Phases of Commercial Real Estate Development

Construction Marketing

This phase includes determining the project’s scope, selecting materials, and determining the necessary permits and approvals. The developer will also need to obtain the necessary permits and approvals from local, state, and federal agencies. This includes creating a detailed project schedule, budget, and phasing plan.

article thumbnail

What You Should Know Before Taking a Construction Loan

Construction Marketing

It covers land acquisition costs, building materials, construction permits, labor, contingency and interest reserves, closing costs, and plans. Find out if you can use your land equity towards your down payment, how they pay construction draws, and if the contractor can request a draw to cover material costs.

article thumbnail

How to Complete Construction Months Faster

Wolgast Corporation

We stress the importance of time because we know that the faster construction is completed, the faster you can start generating income in your new space. And Wolgast is your biggest advocate when it comes to speed.

article thumbnail

Denver Releases Controversial Housing Proposal to Combat a Growing Affordability Crisis

Pro Builder

The Denver metro could see increased low-income development as a result of a new affordable housing mandate, but many builders aren’t so eager to get on board. Denver Releases Controversial Housing Proposal to Combat a Growing Affordability Crisis. Mon, 02/14/2022 - 10:31.

Denver 52
article thumbnail

Five Basic Construction Accounting Tasks To Complete Every Month

Contractor Bookkeeping

All transactions in the bank account of your construction accounting system no matter if it is QuickBooks or Xero, must be assigned to the proper accounts: Income. Cost of Goods Sold ( Direct and Indirect Costs including Labor, Material, Other and Subcontractors). Job Deposits.