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Click on Pictures for Bio’s
- One of the constants in life is change. This is the first page of my website. You are welcome to browse through the rest of my website to see the changes I have made to take advantage of a changing market conditions.
- The biggest change taking place today that is impacting land owners and developers is the diminishing value of the dollar. Today’s construction costs are going to look like a terrific bargain a year or two from now and rising rental rates will rise substantially because many developers will miss the boat.
- After studying the market for some time I decided to go back to my roots as a design/build contractor only with modern day technology. So I joined forces with Tom Hamm who I have known for 20 years. He has excellent qualifications for this task. In addition to experience as a general contractor, he is well grounded in the use of the RSMeans estimating program RSMeans (click this) which I have found to be very reliable in establishing costs.
- Material and labor purchased today will look extremely cheap a year from now. The longer you wait the cheaper they will become. Rental rates will go higher because many developers are afraid to start. Therefore, the rental rates will go up because of the law of supply and demand. Enlightened developers will want to start as soon as possible to take advantage of this situation.
- The Design/Build system is the fastest and least expensive way to build and produces the best looking projects. It starts with a Square Foot cost estimate which is fast and accurate using RSMeans. Then a property manager can forecast the rental income and expenses which will give you the value of the property. Then, if everything looks good, start with Design/Build Contract using RSMeans numbers. If the actual costs vary, then the contract varies accordingly.
- The Design/Build team is composed of the Developer, Property Manager, Architect, and the Design/Build staff who will provide management information to a locally developed building team which performs better for less than “outoftowners”.
- The cost of the square estimate is between $10,000 and $15,000 depending upon the project. The cost of the project is the RSMeans total plus 15% with 2% of the project down.
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