+ Reply to Thread
Results 1 to 8 of 8
Ads by Google
  1. #1
    adrizzle is offline Senior Member
    Join Date
    Jul 2006
    Location
    Xenia,OH
    Posts
    243

    Anyone know anything about house construction businesses?

    Does anyone own a house construction business? Know someone who does? I was wondering what their profit is like off of a $150,000 house?
    Get on blocked websites from school and work(Try here too)

    Advertise on www.Gizlio.com with 12,000 uniques a month and for whatever you offer

    Make prank calls from your computer

  2. #2
    robfagan's Avatar
    robfagan is offline Junior Member
    Join Date
    Feb 2007
    Posts
    21
    I have asked a few folks about this myself in the business and got different answers. I think it is between 20k to 30k.
    The Insanely Healthy Energy Drink!
    http://www.GetHealthyEnergy.com

  3. #3
    adrizzle is offline Senior Member
    Join Date
    Jul 2006
    Location
    Xenia,OH
    Posts
    243
    ok thanks. I ask because I have an idea for a business for contruction of houses.
    Get on blocked websites from school and work(Try here too)

    Advertise on www.Gizlio.com with 12,000 uniques a month and for whatever you offer

    Make prank calls from your computer

  4. #4
    Steve's Avatar
    Steve is offline YE Veteran
    Join Date
    Jun 2003
    Location
    Rancho Cuca, Calif
    Posts
    708
    It depends what area you live in. In Las Vegas some of the "big-boys" took in some major cash. They pushed a guy into closing the purchase of a house at $520k, the next week they lowered prices to $420k. That means they either are loosing their butts, or have big margins (I would say they have big margins). I believe this was DR Horton.

    The building industry works a little bit different on the West Coast, though.

    The barriers to entry are very large. Money can be made in the right market.

  5. #5
    maymay is offline Junior Member
    Join Date
    Jan 2007
    Posts
    13
    In China, construction business is a high profit industry. My uncle is in this line, while I am in building materials line.

  6. #6
    robfagan's Avatar
    robfagan is offline Junior Member
    Join Date
    Feb 2007
    Posts
    21
    Hey Steven,

    You are right on the money. The profit can be pretty close and it is easy to lose your butt on one if you aren't careful. I know a lot of contractors that "rob Peter to pay Paul" in this type of work.
    The Insanely Healthy Energy Drink!
    http://www.GetHealthyEnergy.com

  7. #7
    ideas2earn's Avatar
    ideas2earn is offline Senior Member
    Join Date
    Jan 2007
    Location
    Taipei
    Posts
    123
    Construction is a cyclical business. Everyone makes money as the market rises and then the smart boys get out or move into rentals. As with all bull markets the people following a trend are the ones who pay too much and make too little profit. Watch a bunch of folks go bankrupt for the next 2-3 years and then start building boys! :-)

  8. #8
    adrizzle is offline Senior Member
    Join Date
    Jul 2006
    Location
    Xenia,OH
    Posts
    243
    Thanks for the help
    Get on blocked websites from school and work(Try here too)

    Advertise on www.Gizlio.com with 12,000 uniques a month and for whatever you offer

    Make prank calls from your computer

Ads by Google

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Untitled Document
YoungEntrepreneur Logo Featured on: Business Week About Alltop Wall Street Journal

Terms of Service | Privacy Policy


SEO by vBSEO 3.5.0 RC3