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Shawn Gorham

@shawngorham • 119,773 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

313,175 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

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.

116,619 次观看

Sub Institutional GC work is good. Ive said it before. This was a $26k job. Remove all the offices, install a new door to the warehouse, raise the fire sprinklers, grind and seal the floors. 5 day job. The owner "should" have done LED lighting, drywall patch and paint all the walls under my scope which was another $13,000 but he said he had a friend who would do it cheaper, which is ok. On the smaller, owner direct jobs you have to be ok with partial scopes. If they have a friend who does one of the trades, they are going to use them regardless of price. All to say, it's good work. It's profitable. 3 jobs this month paid more than our best house flip in the last 3 years.

Sub Institutional GC work is good. Ive said it before. This was a $26k job. Remove all the offices, install a new door to the warehouse, raise the fire sprinklers, grind and seal the floors. 5 day job. The owner "should" have done LED lighting, drywall patch and paint all the walls under my scope which was another $13,000 but he said he had a friend who would do it cheaper, which is ok. On the smaller, owner direct jobs you have to be ok with partial scopes. If they have a friend who does one of the trades, they are going to use them regardless of price. All to say, it's good work. It's profitable. 3 jobs this month paid more than our best house flip in the last 3 years.

44,373 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.

400,286 次观看 • 2 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.

342,279 次观看 • 2 个月前

Take care of those who refer you work, I know it sounds basic... but I see the posts. IF someone refers you a lot of work, spend $1000 on a gift, not a box of doughnuts. To many of you PE bros have missed the relational aspect of business, daddy Shawn is here to teach you. If you are a plumber and you get someone as a consistent referral source, when they have a problem at their house, you go take care of it and never send a bill. Dont buy this BS, charge your friends full price to support you non sense. Business is a relational game *** before all the comments rip my teeth, I had braces as a kid, didnt wear my retainers and my teeth moved. I have a dead front tooth from being hit in sports. I never fixed it. It never bothered me until X, now it bothers me. I am getting braces soon and fixing my front tooth, be kind. *** ( I spent all my money on my kids not myself)

Take care of those who refer you work, I know it sounds basic... but I see the posts. IF someone refers you a lot of work, spend $1000 on a gift, not a box of doughnuts. To many of you PE bros have missed the relational aspect of business, daddy Shawn is here to teach you. If you are a plumber and you get someone as a consistent referral source, when they have a problem at their house, you go take care of it and never send a bill. Dont buy this BS, charge your friends full price to support you non sense. Business is a relational game * before all the comments rip my teeth, I had braces as a kid, didnt wear my retainers and my teeth moved. I have a dead front tooth from being hit in sports. I never fixed it. It never bothered me until X, now it bothers me. I am getting braces soon and fixing my front tooth, be kind. * ( I spent all my money on my kids not myself)

66,471 次观看 • 1 个月前

I have two vans and a dump trailer that just sits at my office, not to mention a warehouse full of tools. I should...

I have two vans and a dump trailer that just sits at my office, not to mention a warehouse full of tools. I should...

20,338 次观看 • 27 天前

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?

164,865 次观看 • 1 年前

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 • 7 个月前

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

45,621 次观看 • 4 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

26,698 次观看 • 2 个月前

Ever wonder where the kitchen cabinets, flooring, counter tops come from? Well over seas obviously But there are hundreds of warehouses (importers) all over So Cal importing materials now. So larger contractors/builders are importing direct. All that to say... this is what the warehouses look like. This is a small one at 30k sq feet or so.

Ever wonder where the kitchen cabinets, flooring, counter tops come from? Well over seas obviously But there are hundreds of warehouses (importers) all over So Cal importing materials now. So larger contractors/builders are importing direct. All that to say... this is what the warehouses look like. This is a small one at 30k sq feet or so.

28,202 次观看 • 3 个月前

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.

61,572 次观看 • 10 个月前

Three weeks today... This is our first cosmetic rehab and our 3rd condo ever. We usually do full gut remodels, so this was new to us. 4 weeks from purchase to be on the market for sale. Here is my target numbers Although this has been a very easy, very fast project, I am not sure I like it. I dont like using hardibacker in the showers, I dont like using LVP flooring... BUT at this price point we had to. I prefer longer projects with more of a value add... but maybe I just feel like I have to suffer for money.

Three weeks today... This is our first cosmetic rehab and our 3rd condo ever. We usually do full gut remodels, so this was new to us. 4 weeks from purchase to be on the market for sale. Here is my target numbers Although this has been a very easy, very fast project, I am not sure I like it. I dont like using hardibacker in the showers, I dont like using LVP flooring... BUT at this price point we had to. I prefer longer projects with more of a value add... but maybe I just feel like I have to suffer for money.

20,697 次观看 • 3 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 • 3 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 • 1 年前

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

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 • 3 个月前

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.

16,042 次观看 • 4 个月前

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