There are many generally reliable sources of data and articles that suggest that U.S. new household needs are about 1,500,000 Latest Floor Plan per year. This assumption developed from the steady growth of new housing between the early 1990s and 2007. Is this true?
The likelihood is that this assumption is deeply flawed for several reasons. The main and leading reason against this assumption is that prior to 1990 for almost 30 years new housing averaged in the 600,000 to 800,000 housing units per year level. At the same time, the nation base household growth pressure was very much like projections for the country for the next 40 years. Given that today’s household base Find A Plumber is substantially larger than then the replacement requirement is different, but otherwise, household growth is probably not much different than pre-1990 levels. This would put new household needs between 700,000 and perhaps 900,000 per year. All this adds up to say, we aren’t going to need nearly what has been being added on an annual basis for the next perhaps 1 to 2 generations and may be for good.
In addition to this factor, the need for mcmansions will be substantially reduced over the next 15 years. In fact, we face a huge oversupply today that probably causes issues for the entire period. These mcmansions are likely to become a source of significant substitution as baby boomers will be faced with a weak market for these properties. The clear obvious effect will be these properties become homes to 2 or more households. The fact is this could provide 200,000 to 300,000 of the base new housing need for much of this period.
Additionally, 50% of new housing needs are anticipated to be multifamily. Arguably substitution is one source, but the other component comes from what previously would have been single family housing demand.
Investors need to be acutely aware of these facts as they analyze and choose where to put capital. New home construction except in the highest growth corridors should not be the chosen direction.…
December 2019
Great Construction Project Management Tips
Every construction task is detailed and it might be confusing. Whether you are building a small home or a large skyscraper there are certain jobs to be finished and points to be worked out. This will make it hard for the construction manager to keep track of everything that is happening. It assists to have something that will make it simpler.
The best tool that they can utilize is a construction project management software. You will be able to spend a couple hundred dollars on this web based program – but it is worth it each time. With this you will have the ability to set up spreadsheets, track the billing, and put together appointments. All things that we may forget.
It will assist to keep track of all of the days that the provisions are being delivered and will remind you how much you should pay them. When you have them all paid it Contractor Selection is able to subtract it from the budget and tell you how much there is left. In this way you will make sure that you do not spend more than what you have to utilize.
There are a few that are so elevated that they can aid you to keep track of what vendor is coming to put in things and the quantity of individuals that will be coming to work each day. This is an employee scheduling software that has the ability to come in handy and make things so much easier for you and the project.
The greatest thing about this software is that it is simple to use. When somebody on the team makes an alteration to it you can Independent Contractor Vs Employee Checklist be notified automatically through e-mail or instant messenger. Now you don’t need to keep up with loads of paperwork anymore!…
Revealed – Understanding Common Paint and Finish Strippers For Woodworking – Designs and Plans
Over the years, there have been many changes in the types of paints that we use as well as paint strippers. Commercial Electrician Vs Industrial They have certainly become a lot safer when we compare them to the old lead paints that were used.
One of the most important things to remember is always read the instructions on any of the products. Don’t assume because you have used one manufacturers product that they are all the same. Also always use good ventilation as most often the fumes can be very harmful.
As we said, misuse of these products can be very detrimental to ones health. The most common ingredient is Methylene Chloride and is most often found in paint and varnish strippers. It is toxic and may be a carcinogen. It should not be used by people with heart problems because it makes the heart work hard. It forms carbon monoxide in the blood through metabolism. Products containing this ingredient should not be used by people with heart ailments. It comes in various strengths and may be a liquid or a paste.
Acetone, Toluene and Methanol or ATM are usually found in Lacquer thinner. As a combination, they are very aggressive. These types of strippers work well on old paints and finishes. Although they are in a sense safer to use, as they don’t have the health concern that MC has caution is still important. They are a source of air pollution and they are flammable. If the particular brand you are using contains alkali then it will stain some hardwoods.
N-Methyl Pyrrolidone works slower and not as effective on epoxy, polyester or baked coatings.
Di-basic esters are the least effective of them all that we have mentioned so far.
NMP/DBE Combo strippers are now becoming popular as the DBE reduces the cost compared to the NMP.
NMP and DBE for finish removal. NMP/DBE combination strippers are generally less toxic although some manufacturers will add solvents such as xylene, which makes them toxic, air polluting, and flammable.
Lye is Sodium Hydroxide works well but is dangerous to work with.
Ammonia Hydroxide is used to fortify and strength the solvents.
There are new products coming out on the market all the time. The best solution is to ask the supplier where you are purchasing your products, which is the best to use for the particular task you are facing. Once he has made his recommendations read the label before buying. Now that you have an understanding of some of the ingredients, you will understand the safety issues that are involved. If there are, ingredients that we have not mentioned here then take the time to Cheap Building Materials Near Me list them and review them before purchasing the product. Although these are wonderful products, your health and safety are the major concern. They have been allowed on the open market provided they are labeled with explicit instructions as to their use. It is the responsibility of the purchaser to follow all …
Construction Site Clean Up Opportunities – How to Make Their Business, Your Business
New construction cleanup and construction cleaning jobs are available in almost any location. A business letter from a janitorial service or commercial cleaning company to the main office of the general contractor is how to get the ball rolling. An introductory letter requesting to have your company placed on their “bidders list”, along with a copy of your insurance and business licenses, construction industry references with phone numbers and some documentation of your abilities seems to go a long way. But that’s only the first step of many. A flyer or brochure will easily address your abilities. Construction site cleaning opportunities happen quickly and will go to the post construction cleaning company with all the paperwork completed and in place.
How to bid final, post or after construction cleaning is the question most janitorial companies seem to be interested in, but that challenge won’t be addressed correctly until you shake the hand of the Site Superintendant or Project Manager. The key to working with construction contractors consistently is the contractors perception that you are familiar with their requirements and that you can accomplish them on a strict time schedule and in an uneventful manner. It would be smart to establish a new d.b.a. with a construction related name (i.e. Sparkle Cleaning d.b.a. Site Cleaning Support). Go to Home Depot and get a white hard hat ($10.00?) and a reflective safety vest ($10.00?). Go to an ad specialties store, get a work shirt and have them embroider your company name on it. Have them letter the hard hat and the vest with the same name also.
Office Depot makes quick “no frills” business cards for about $10.00 for a hundred. Have some conservative basic cards made. Jeans and work boots are a must. On a construction site, the person from Site Cleaning Support with the uniform, hard hat and safety vest will quickly get an invitation to bid. The person from Sparkle Cleaning, with the “pink flowers and bubbles” business card, will either get punched in the nose or receive the kind of attention they don’t want! When you visit the site for the first time, look for the construction office trailer. Identify yourself as a contractor and ask for the Superintendant or Project Manager. Don’t try to sell anyone else, this is very important. Only speak with the Super, PM or their administrative staff in the office trailer. Contractors disrupting the flow of work on a site are a problem, will be asked to leave the site and will not be asked to bid. Your first statement to the PM should be: “Hi, I’m a cleaning contractor and I’m interested in competing for work on this project.” Shortly after that you should say: “I know you’re very busy and I won’t take up your time right now, but I do want to be considered when the time is right. What’s your turn over date?” and then “Our paperwork is already of file at your office and so I don’t pester …
Construction Contract Template – Protect Your Company With a Contract
As a contractor you know your job well and starting your own business may be a lifelong dream, however no matter how good you are at your job, there always exists the possibility of a problem occurring or a customer complaining that you did not do what they asked you to do. The best way to reduce the risks of this type of situation occurring is to perform flawless work and to create an ironclad construction contract with a template that both you and you customer must sign before you begin working on their project.
Any time you write out a contract for this type of work it must be very specific in every possible detail before being singed. You need to include information that covers exactly what you are contracting to do, you have no room for any type of vagaries as these can Free Cabin Plans With Material List end up coming back to haunt you. At the same time you will need to include a list of the materials you plan to use for the project as a part of the contract, while this may need to be amended as the project progresses it can be used for the original estimate.
Any time you sign a contract with your customer, you are entering into a legally binding obligation. While you might think that this applies only to making sure that you do the job you have been hired to do, it does much more. The negotiated contract also protects you from your customer. For example, you Best Construction Niche contracted to build a new room on the back of your customer’s house that is twelve feet long and ten feet wide. Once it is finished the customer refuses to pay stating he ordered a room that was 15 feet by ten feet, as long as you have it in a written contract the courts will order him to pay your bill.
Whether you are working on a small home remodeling project or a multimillion dollar hotel building you must make sure you and your company are fully protected. By creating a legally binding construction contract using a template that both you and your client sign you will have legal protection in case any questions should arise. These templates can easily be found online, you need to make sure that the one you download is applicable to your state and locals laws or you may find that it will not offer you the protection that it should.…
Decline in Commercial Construction Industry Endangering Specialty Contractors
The last few years have been anything but kind to the commercial construction industry, especially the Specialty Contractors they employ. Specialty Contractors are being forced to re-evaluate and modify everyday operations to adjust to the volatile economic market that is threatening their demand.
Opportunities are few and far between these days, and every opportunity, big or small must be considered. For the majority of commercial Subcontractor Rights To Payment companies, their futures appear murky, at best. Businesses that have been opened decades long are most concerned of the looming future of the employment of Specialty Workers.
Through desperate efforts to stay in business, contractors are forced to take uncharacteristic jobs and must now scramble to stay competitive and profitable. Plenty of contractors have to cut their staff in half, or more, to merely survive. Even worse, several sectors of commercial industries are still in the midst of a downward spiral. A commercial construction stand still is often the best case scenario for some struggling businesses.
Timelines, deadlines, and budgets are all shrinking. Stress is more palpable, the workload is more demanding, and the competition more fierce than ever. Like all industries, success is measured by supply and demand. Right now there is just no demand for specialty contractors in commercial construction.
For example, Las Vegas and its commercial Northern Construction Palmer Ma commitments in the last few years have been severely affected by the commercial construction drought. At one point they were building as far as the eye could see, littering the strip with hotels, shops, restaurants, casinos.
With the huge lack of demand and vulnerable economy, the projects have only created thousands of square feet of vacant space. Commercial vacancies which include office space, retail space, etc., are all experiencing record highs. Las Vegas’ surplus of commercial space is so large that some predict the next project won’t take place for another decade.
Credit issues are another factor endangering specialty contractors. The criteria necessary for approval for large credit lines has become much more stringent and has proven to be a huge obstacle. Less credit approvals contribute to the decline in commercial construction and payment for work is significantly more challenging to collect. Combine the lack of demand with a volatile economy, and then compound that with the mounting credit issues. Most will be confronted with the grim reality of the challenges the industry will face to recover for years to come.
Many specialty contractors are coping by trying to be more aggressive and pursuing every possible lead or bid. Now their goals are just trying to maintain a workload to keep employees busy.
If anything positive emerged from the declining commercial construction industry, it yielded plenty of experienced, qualified specialty contractors enthusiastic to work. The few that are afforded the luxury should take advantage of each opportunity and maximize efforts by creating a strong sustainable team for success.
The decline in commercial construction is seriously endangering specialty contractors and their livelihood. With each project that launches, it is …
Choosing the Right Contractor For Home Renovations
Do an Internet search on the words “home renovation” and you will find a plethora of results all leading to businesses in the renovation industry. While there is no shortage of contractors available for every repair or home makeover project, choosing the right contractor or company for the job is of considerable importance. No one wants to pay for poor workmanship, incomplete jobs or worse, nothing at all. Unfortunately, it happens more often than you think. While you can’t prevent contractors from taking advantage of homeowners, you can take steps to prevent yourself from being taken advantage of by simply doing your homework.
Start with Subcontractor Rights referrals
Chances are family and friends are not going to steer you in the wrong direction with your home renovations. Asking for references on similar jobs they may have finished is ideal because you can get a good indication of the contractor’s quality of work and dependability. If that is not an option, consider your local home renovation or home builders association as well as building supply stores.
Background checks
Just like credit card or mortgage companies, conducting background checks on contractors gives you an idea of a business’s reputation and work ethic. Do not be afraid of asking for names and numbers of past jobs. Contractors are not cheap; your research should not be either. Do not settle for letters – those can be fabricated or written by family and friends. A reputable contractor is willing to provide a list of past clients.
Listen to that voice in your head
If you have a poor gut feeling about a contractor, chances are something is not right. A good contractor is easy to communicate with, accessible, returns calls, discusses options for problems which may arise, is knowledgeable, provides estimates on paper and works within your budget. If they falter on any of those items, you might want to move onto the next candidate.
Confirm the qualifications
You would not hire someone who is “read about” lighting to work on your electrical – that is literally playing with fire. Make sure the contractor and their sub-contractors have the appropriate licenses and skills by asking for their business license number and confirming with your local licensing office whether they are in good standing. You also need to validate whether they are insured for public liability and property damage as well as workers’ compensation.
Understand the project
The larger the renovation, the more complicated it will be. Make sure you understand the progression in all of its stages; prior to, during and after completion. Do not leave yourself or your wallet open to unexpected surprises or assumptions or questions. Have your responsibilities and those of the contractor defined and set in writing that way all parties know what is expected of them and who is accountable for what.
Get it in writing
Lawyers are rich because people opt for trust over treaty. Unless it is in writing, you can assume all verbal agreements are non-existent and …