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Shawn Gorham

@shawngorham • 111,891 subscribers

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What demolition numbers look like: This full gut job (kitchen, 2 bathrooms, 1800 sq feet) took 144 man hours Average pay is $25 an hour (some less, foreman more, but as an average) 144 x $25 = $3600 Labor Workers comp + employee burden = 35% $3600 x 35% =$1,260.00 Total Labor $4,860 Disposal Fees - $1,200 Direct job costs = $6,060 Job Invoice - $16,500 Gross Profit - $10,440 or 63% profit margin Now of course there are trucks, office, fuel and tools - that can run another 15-20% You can see its very possible to run 50% margins This job makes about $8,000 in 5 days for 4 guys Now run 20 guys, shoot to make $2,000 per worker per week and its adds up really quick Ya, I did this for 21 years - you won't get rich, but its a good honest living. Use the profits to buy 1 house a year for 20 years and pay them off, you have a great retirement fund

What demolition numbers look like: This full gut job (kitchen, 2 bathrooms, 1800 sq feet) took 144 man hours Average pay is $25 an hour (some less, foreman more, but as an average) 144 x $25 = $3600 Labor Workers comp + employee burden = 35% $3600 x 35% =$1,260.00 Total Labor $4,860 Disposal Fees - $1,200 Direct job costs = $6,060 Job Invoice - $16,500 Gross Profit - $10,440 or 63% profit margin Now of course there are trucks, office, fuel and tools - that can run another 15-20% You can see its very possible to run 50% margins This job makes about $8,000 in 5 days for 4 guys Now run 20 guys, shoot to make $2,000 per worker per week and its adds up really quick Ya, I did this for 21 years - you won't get rich, but its a good honest living. Use the profits to buy 1 house a year for 20 years and pay them off, you have a great retirement fund

313,084 次观看

When my wife uses this tile she hand places every single piece before the tile installer lays the tile. This is why we are terrible flippers are the price point we typically work in.

When my wife uses this tile she hand places every single piece before the tile installer lays the tile. This is why we are terrible flippers are the price point we typically work in.

116,609 次观看

Good Morning My wife hates it - BUT you have to do interval training, you just have too. It sucks, its hard, it hurts - you have too

Good Morning My wife hates it - BUT you have to do interval training, you just have too. It sucks, its hard, it hurts - you have too

160,249 次观看

There are some calls I just cant say NO too: Commercial emergency calls are one of them Call came in at 8am with a major water leak I was on site by 8:15 personally ( I was close) Got the water turned off and mobilized By 9:30 water extractor was on site By noon plumber was on site By 1pm containments and dehumidifiers were going Within 48 hours it will be fixed, be dry and I will have all the damaged fixed This is a commercial office building - 100+ people work in this building. Speed is all that matters I LOVE this work - fires me up Wonder if a robot will replace it?

There are some calls I just cant say NO too: Commercial emergency calls are one of them Call came in at 8am with a major water leak I was on site by 8:15 personally ( I was close) Got the water turned off and mobilized By 9:30 water extractor was on site By noon plumber was on site By 1pm containments and dehumidifiers were going Within 48 hours it will be fixed, be dry and I will have all the damaged fixed This is a commercial office building - 100+ people work in this building. Speed is all that matters I LOVE this work - fires me up Wonder if a robot will replace it?

94,269 次观看

Want to see what working without a license and workers comp fraud looks like in CA? A “landscape” company doing commercial demolition without a contractors license. Yes there is a license # in the pic, it’s not their license. Here is how that works, you work for mostly cash, then when a client has to write you a check you run it through your friends company and pay him 10% This also allows you to cheat the workers comp system This happens all day everyday in CA. The companies who try and operate legally pay the price It’s a policy issue in CA

Want to see what working without a license and workers comp fraud looks like in CA? A “landscape” company doing commercial demolition without a contractors license. Yes there is a license # in the pic, it’s not their license. Here is how that works, you work for mostly cash, then when a client has to write you a check you run it through your friends company and pay him 10% This also allows you to cheat the workers comp system This happens all day everyday in CA. The companies who try and operate legally pay the price It’s a policy issue in CA

28,535 次观看

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Meet my brother, he buys old Lancruisers and fixes them up as a hobby. He in education for a living. Ladies... hes single too but he cant afford to send you flowers every week... but he can take you out driving in really old landcruisers.

Meet my brother, he buys old Lancruisers and fixes them up as a hobby. He in education for a living. Ladies... hes single too but he cant afford to send you flowers every week... but he can take you out driving in really old landcruisers.

400,272 次观看 • 1 个月前

Tuesday and Thursday I do a bike workout in the garage, wife does her (fit with CoCo) workout - its a little distracting to me :) Monday's and Wednesday's its weights for both of us Fridays = yoga And of course 2-3 mile walk everyday after dinner So we workout together everyday, work together everyday - life is good.

Tuesday and Thursday I do a bike workout in the garage, wife does her (fit with CoCo) workout - its a little distracting to me :) Monday's and Wednesday's its weights for both of us Fridays = yoga And of course 2-3 mile walk everyday after dinner So we workout together everyday, work together everyday - life is good.

342,218 次观看 • 1 个月前

4 weeks and 1 day from close to back on the market My 3rd condo ever to flip. 1. I bought at the right price 2. End unit 3. 2 car attached garage 4. Nobody in front of me (views) 5. 3 bedrooms and over 1700 sq feet 6. Far less than you can buy a SF house for in the area

4 weeks and 1 day from close to back on the market My 3rd condo ever to flip. 1. I bought at the right price 2. End unit 3. 2 car attached garage 4. Nobody in front of me (views) 5. 3 bedrooms and over 1700 sq feet 6. Far less than you can buy a SF house for in the area

26,517 次观看 • 1 个月前

There are some calls I just cant say NO too: Commercial emergency calls are one of them Call came in at 8am with a major water leak I was on site by 8:15 personally ( I was close) Got the water turned off and mobilized By 9:30 water extractor was on site By noon plumber was on site By 1pm containments and dehumidifiers were going Within 48 hours it will be fixed, be dry and I will have all the damaged fixed This is a commercial office building - 100+ people work in this building. Speed is all that matters I LOVE this work - fires me up Wonder if a robot will replace it?

There are some calls I just cant say NO too: Commercial emergency calls are one of them Call came in at 8am with a major water leak I was on site by 8:15 personally ( I was close) Got the water turned off and mobilized By 9:30 water extractor was on site By noon plumber was on site By 1pm containments and dehumidifiers were going Within 48 hours it will be fixed, be dry and I will have all the damaged fixed This is a commercial office building - 100+ people work in this building. Speed is all that matters I LOVE this work - fires me up Wonder if a robot will replace it?

94,269 次观看 • 5 个月前

What does $6mm get you in Coastal So Cal? My friend Lin (we started flipping houses at the same time, he moved up market, I didn’t) Bought a SF house in Nov 2021 for $1.430, torn it down and built this 4800 sq foot home. $1,250 a foot sale price I would guess this cost him $3mm to build (just a guess) What do you think of the home?

What does $6mm get you in Coastal So Cal? My friend Lin (we started flipping houses at the same time, he moved up market, I didn’t) Bought a SF house in Nov 2021 for $1.430, torn it down and built this 4800 sq foot home. $1,250 a foot sale price I would guess this cost him $3mm to build (just a guess) What do you think of the home?

164,815 次观看 • 1 年前

How is your day going? Glued down engineered wood OVER original oak hardwood. Goal was to refinish the oak - but thats not going to happen Sucks

How is your day going? Glued down engineered wood OVER original oak hardwood. Goal was to refinish the oak - but thats not going to happen Sucks

45,615 次观看 • 2 个月前

SEO BROS... How competitive is the kitchen and bath remodeling world in So Cal??? Mid project, bad pics... BUT I am trying to convince my wife she can make more money doing kitchen, baths, flooring, painting than she can doing interior design for investors.

SEO BROS... How competitive is the kitchen and bath remodeling world in So Cal??? Mid project, bad pics... BUT I am trying to convince my wife she can make more money doing kitchen, baths, flooring, painting than she can doing interior design for investors.

18,850 次观看 • 1 个月前

Every morning at 6am hundreds of Service Champions vans decent on HQ. All clean cut, uniforms, tucked in and presentable. Hundreds of millions of dollars in sales. My neighbor had a price from them for a new AC unit - $40,000 He got the exact system replaced (same equipment) from a smaller local company for $19,000 Service Champions was double But here is the deal - they have hundreds of vans, hundreds of millions in sales - that means there is market demand for both options I lost a bid this week by 12% Then I think about Service Champions who is 50% higher in the market and has hundreds of millions in revenue There are clients for both ends of the spectrum Onwards

Every morning at 6am hundreds of Service Champions vans decent on HQ. All clean cut, uniforms, tucked in and presentable. Hundreds of millions of dollars in sales. My neighbor had a price from them for a new AC unit - $40,000 He got the exact system replaced (same equipment) from a smaller local company for $19,000 Service Champions was double But here is the deal - they have hundreds of vans, hundreds of millions in sales - that means there is market demand for both options I lost a bid this week by 12% Then I think about Service Champions who is 50% higher in the market and has hundreds of millions in revenue There are clients for both ends of the spectrum Onwards

106,216 次观看 • 1 年前

As a house flipper, one of the things that sets us apart, is that we ALWAYS restore and save original oak floors. The majority of flippers cover them with Vinyl, its tragic. Re-finishing costs $3 a foot plus repairs and patch Vinyl costs under $2 Vinyl is installed in one, maybe 2 days. Wood re-finishing takes 5 days and nobody can be working inside while being completed. It adds a week to your timeline. Its worth it Most buyers add value to the decision We sell fast I sleep better knowing we turn a quality product P.S. We are working in the wrong price points for our quality and attention to detail.

As a house flipper, one of the things that sets us apart, is that we ALWAYS restore and save original oak floors. The majority of flippers cover them with Vinyl, its tragic. Re-finishing costs $3 a foot plus repairs and patch Vinyl costs under $2 Vinyl is installed in one, maybe 2 days. Wood re-finishing takes 5 days and nobody can be working inside while being completed. It adds a week to your timeline. Its worth it Most buyers add value to the decision We sell fast I sleep better knowing we turn a quality product P.S. We are working in the wrong price points for our quality and attention to detail.

61,547 次观看 • 8 个月前

My wife has 7 (design) projects going I have 3 projects We have an open escrow (purchase) We only have one car (from the car accident) Our days are stacked being efficient with our time and one car - that means I got to stop and look at tile (rare)

My wife has 7 (design) projects going I have 3 projects We have an open escrow (purchase) We only have one car (from the car accident) Our days are stacked being efficient with our time and one car - that means I got to stop and look at tile (rare)

14,134 次观看 • 1 个月前

How to buy Off Market Real Estate: I should NOT post this… but I’m a generous guy :) When you see a company selling assets (check auctions, FB, CL) check and see if they own real estate. In this case the company owns a piece of land under a Corp - not a great structure to hold real estate long term = might be a perfect seller finance deal. Just a tool in the toolbox to find buying opportunities

How to buy Off Market Real Estate: I should NOT post this… but I’m a generous guy :) When you see a company selling assets (check auctions, FB, CL) check and see if they own real estate. In this case the company owns a piece of land under a Corp - not a great structure to hold real estate long term = might be a perfect seller finance deal. Just a tool in the toolbox to find buying opportunities

47,281 次观看 • 11 个月前

Learning how to make money for yourself is a skill. I believe it can be learned and change your life Here is a small job we just completed. Clean the parking lot, spray weeds Patch a ceiling Paint the room Charged $4,450 Costs: $1,450 Gardener $250 Drywall repair $850 Paint $350 Gross Profit $3000 Competed in 2 days I personally have 2 hours into the job One per week = $150k a year. That will replace many peoples W2 and work 2 hours a week Grow it and shoot for 5 jobs a week and you gross $750k a year Learn how to create value and make money - it’s a skill, it can be learned

Learning how to make money for yourself is a skill. I believe it can be learned and change your life Here is a small job we just completed. Clean the parking lot, spray weeds Patch a ceiling Paint the room Charged $4,450 Costs: $1,450 Gardener $250 Drywall repair $850 Paint $350 Gross Profit $3000 Competed in 2 days I personally have 2 hours into the job One per week = $150k a year. That will replace many peoples W2 and work 2 hours a week Grow it and shoot for 5 jobs a week and you gross $750k a year Learn how to create value and make money - it’s a skill, it can be learned

47,516 次观看 • 1 年前

Watch me spot fixer uppers as I go about my normal driving. When I spot them, I always stop and add them to a google sheet and mail once a quarter.

Watch me spot fixer uppers as I go about my normal driving. When I spot them, I always stop and add them to a google sheet and mail once a quarter.

16,034 次观看 • 3 个月前

How to increase rents and add a TON of value: My wife is helping a client turn a "test" unit in a 40+ unit property. The units are currently under market rent, and the owner knows it, but they have little to zero turnover. A unit came vacant and they decided to test the market to see where rents would be if they remodeled the unit. Mrs Copper Home was able to draw up a kitchen layout to accommodate inside washer and dryer, pick materials for the bathrooms, countertops, floors, paint colors, light fixtures and more. She also cut his cabinet costs by $2000 with a better cabinet source. We are projecting a $600+ a month increase over past rents with her upgrades

How to increase rents and add a TON of value: My wife is helping a client turn a "test" unit in a 40+ unit property. The units are currently under market rent, and the owner knows it, but they have little to zero turnover. A unit came vacant and they decided to test the market to see where rents would be if they remodeled the unit. Mrs Copper Home was able to draw up a kitchen layout to accommodate inside washer and dryer, pick materials for the bathrooms, countertops, floors, paint colors, light fixtures and more. She also cut his cabinet costs by $2000 with a better cabinet source. We are projecting a $600+ a month increase over past rents with her upgrades

40,812 次观看 • 1 年前

Just over here dreaming on a Saturday morning. This product almost never sells in So Cal and for good reason. Wish someone would have told me in 1999, don’t buy houses, buy small bay industrial. I wouldn’t have listened, I was 21 and knew everything - haha

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Just over here dreaming on a Saturday morning. This product almost never sells in So Cal and for good reason. Wish someone would have told me in 1999, don’t buy houses, buy small bay industrial. I wouldn’t have listened, I was 21 and knew everything - haha

18,745 次观看 • 1 年前

This investor bought two 4plexs and added 5 more units to bring it to 13 units

This investor bought two 4plexs and added 5 more units to bring it to 13 units

12,491 次观看 • 1 年前

Tour de France - you have to experience it

Tour de France - you have to experience it

10,122 次观看 • 10 个月前

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