I tell my guys we are not in the construction business, we are in the relationship business. Customers, suppliers, tradespeople and the guys sweeping the floors need to be treated with respect.
@@UpFlip I’ve been in the business 40 years. My other advice is to higher the best people and pay them well and on time (unusual in my industry). Be honest and have fun.
@@sheneedsme Great mindset but trac home builders cannot do that as they cannot afford it, they do not make enough to "pay them well" much less give a shit about their feelings. 22years in New Home Construction
That's the key to success in basically every business (obviously assuming your product is good)... but lots of people can build a solid home, it's the relationship and service and attention to detail that sets a business apart
Love this channel , I’ve got 19 yrs in as a full time fire fighter , I started a landscape company from nothing at 18 years old, and we are still running strong. 24 yrs later. love this guys story !!!
He embraced his constraints. It made him creative and resourceful. Guys, even when you have a $50,000 budget, do it with $5,000. Force yourself to be resourceful and creative. When it comes to presales... Presales work online with a nice funnel. When it comes to face2face talk, you can easily SELL more than you can deliver and kick yourself in balls. Never, ever plan anything but possible solutions to problems. Planning gives you a fake feeling of control over things you can't control. Jessica bought a ticket to Hawaii, planned everything, spent her last $ on the trip... Her flight was canceled, #no refund. You can't control what will happen in the future. You can be ready for what might happen. Planning is losing. Just my two cents. Very informative video as always. Your questions are always on point. I wonder how the landscape, environmental architecture, and similar niches are doing it from the ground up. It would be amazing to enter the designer's world for a video.
You hit the nail on the head. Selling jobs is the easy part. Completing on time and in budget, that's the craft. If you struggle to sell jobs, maybe you have a knack for the latter, hire a salesman at a commission. I think that you have to weigh every dollar spent on your business for a return on investment, and if you don't see a payoff from one of your fixed costs, cut it loose as soon as possible. Always have your head on a swivel, the next stage of growth will be painful, stressful, and maybe even a failure but you can do nothing but learn learn learn from each and every mistake. Cheers'
Vitaly is THE MAN !! The way he was talking about family life, his personal values, profit sharing plan with employees, etc etc ... just amazing !! A role-model for today's businessmen !
@@UpFlip -- Im in a different service biz ( maintenance ) ... but construction is one of my dream biz ( maybe oneday :) ) ... Wonder if Vitaly had to get a contractor license to start this sort of biz or he's using other contractors licenses to do projects ... That part wasn't really clear in the video.
Vitaliy seems a great guy, a real inspiring story. Really like his approach to paying and motivating his team. The part about family is an important one you dont hear enough on shows like this. Great episode guys...
Excellent video. As a well seasoned CAD Designer, these are the types of builders that are fantastic to work with, hard to come by and I wish I had more clientele like him.
@@UpFlip Since 2003. Started my own side business in 2008 and have been running it full time since 2015. We also run a printing & graphics business and just purchased a small self storage facility in January 2022.
@@meanpicker if you don’t mind my asking, is your side business in CAD? I’m about to get my associates in CAD and I’m wanting to start some kind of business, for sure in the architectural side. Thanks
@@IndieBassJA26 Yes, I primarily design custom residential projects. New construction as well as remodels/additions. I’ve also done several engineering & manufacturing projects over the years for custom equipment and furniture. You’re only really limited by your abilities, imagination and entrepreneurial knowledge.
You guys hit the jackpot in the last vid. 1 million views!!!! You are amazing. And for anyone like me who likes videos this long this video is perfect. Keep it up guys
@@UpFlip anything offline that can be done with a truck and low capital . The hardest part is making enough capital to start investing . Roughly around 1-10k I think it would help people get started
I have 8 projects going on. He is spot on with everything. We can’t stop with the materials problem you have to keep on going. Also this summer is going to be very interesting due to the materials getting pushed out farther and farther I had to change my availability on projects because materials….
39:05 - Having permits in hand months in advance is something I've never experienced. Usually I would start demo while pulling demo permits, and always staying ahead of the ball. Time is money.
Yea I called bullshit on that also and in fact I am calling it on the entire video because he didn't seem to knowledgeable or give any sort of helpful advice and was really vague and almost evasive when answering. In my opinion if he is truly making money from construction he is doing so by laundering money from other "investors" illegal activities. But hey I am probably wrong and this guys the only person running a business that can say with a straight face he makes 50 to 70% profit. allegedly
He says 60% profit margin but I'm assuming he's not calculating overhead into that because I've never heard of those kinds of margins before in residential construction. Custom home builders in Canada are usually cost plus 10-18%. Some really high-end ones can do 20-25% but those are extremely rare.
60% profit margin from his investment, not from sale of house. Remember, he makes partnership deals with his workers that do most of the heavy lifting I assume.
In uk the margins are the same but the high end make less, more like 7.5-10% mainly because the numbers are much greater. Not a chance someone makes 60%
Anyone viewing this from a realistic lens? If these margins are actually true, it’s one of two things: Greed; overselling at today’s inflated market price on homes - only because the market price on homes has skyrocketed without sensible justification. Or second, cutting corners and reducing overall quality and integrity in the build for the purchaser.
Host: "You won't believe this home builder's profit margins!" Literally Anyone who remotely considered buying a home in the last decade: "Oh yeah we do. Not even a stretch. Have you seen the housing market lately?"
Hi I’m starting out to be like this guy and is ready for it knowing this is a long haul game and will require months and even years in making.. thank you for the inspiration!!
@@UpFlip Yes, I believe you have good material! Just poking fun for using that scene so much, keep up the good work. Inspiring people to break the mould and become entrepreneurs is an important undertaking!
@@UpFlip Idk about anything specific, but maybe pop up shops, retail arbitrage, Etsy/social media businesses, crypto speculating, home/garden/pet sitting, local business promoting, event planning (concerts, comedy, talent shows, art exhibits), gem/mineral hunting, teaching/tutoring, clean up service, videography/photography, gambling, inner city carrier service...That's all I can think of at the moment.
I like his house designs - lots of windows, angles. I think he can manage such huge profit margins because he bought the land when it was cheap (he mentioned that)
Your doing it right man! I do the same thing as you in northern colorado….good luck getting into a development though…it’s all high end re-models up here….a typical “flip” here is a 5-600k investment home trying to pull 800k. Rough deal but if you’re good, they sell immediately. Keep hustling bro…and watch those interest rates!!!
So am I understanding this right, he has NO employees, he makes them partners and gives them a 1099 or something instead of having an employee and having to pay taxes and benefits? I guess it’s a good thing he’s not in California…… maybe that’s part of how he increases profit margins..?
To the excellent team, first of all I would like to express my appreciation for your channel and your amazing work, i learn from every video and see that the basis is similar in every business, your questions are precise and sharp, simply a pleasure to watch. I am from Israel and I have an insurance business, I would be happy if you would bring up business owners who provide services such as insurance agents, lawyers, accountants and the like. Thanks
Obviously amazing builder and great businessman but he’s pretty vague about he ended up with a house so early in his career. Usually it takes about ten years to even have that much capital or bankability to get those kinds of loans. I wish we could explore that part of the business more.
@@UpFlip Well similar I’m renovating homes up here in Toronto Canada. Just started my own company and my first major renovation project starts in 2 weeks I’m super EXCITED! and looking forward to a bright future in this industry. I know there will be ups and downs but I’ll learn along the way…Just wanna say thank you for putting out such great content..really appreciate it, Helps inspire people that if someone else can do it so can they. Much love I’ll be here watching your videos. ❤️
I love the content but the titles are just misleading and makes the entrepreneurship looks too easy when in fact it is the opposite and not many end up like this guy.
This guy didn't end up like this guy. The whole story isn't being explained here. This is the IG version of his career. Appreciate his hustle, and putting in the grind, it's lost most people coming out of highschool and college today.
@@UpFlip I just had my septic tank pumped / cleaned. I live on 12 acres within the city limits. Town has a population of 36,000. I had to call a company from a city 138 miles away to have my septic located and pumped. It cost me a fortune. I would like to see how a septic company functions. Why are there so few reliable septic companies? How do I start that business? I would seemingly have to turn away business, I would be so busy here in Texas where I live, as most folks in my county live rurally. Thanks
That one house with the white sprinkler coverplates is stressing me as a sprinkler fitter. Spend a couple extra bucks and get black or even a custom color match to the dark wood/black aesthetic.
You had me till the conversation went to "Code". Code is a D-, the absolute minimum allowed by law for health & safety reasons. Any less is immoral and unethical. Code is not a certification of quality. Code says, "our homes are just bad enough". It's a cursory glance that takes just minutes. We can do better and we should, for Health and Comfort and Efficiency issues. If your family spends all their time indoors, you should have superior IAQ. If you don't have a filter, you ARE the filter, trapped with VOCs. I thought they were at least LEED or low, low HERS. I wasn't expecting Passiv Haus or even Zehnder HRVs. Now I see the houses (not "homes" anymore, sadly) as all icing and no substance, sizzle but no steak. That's a lot of glass to not factor the losses. I do like the icing and sizzle, and the pivot to fewer, better clients. Thank you for that.
I understand having profit margins but I was building a home and the contractor let me upgrade to a free standing tub for 4800 that had no bubbles no nets etc I can find tubs at Home Depot that do nothing for under 800 that are just beautiful seems like a rip off to me
You just need to do it. Cause if you don’t do it. Someone else will. Then you will see that someone and be like, I could also do that! But you didn’t…. didn’t you??..
i am not sure how realistic this guy he is in what he talking about spending valuable time with teh family but whatever he is saying man he is an Awsome gu
arent there supposed to be studs on both ends under windows bottom plate? Its funny that this spot is right when they start talking about the bad experience one of his customers had with movement....
We have “custom built” Holmes in my neighborhood and the builder used the cheapest windows and siding and materials like 10 houses have massive water problems to this day now . Beautiful POS
Windows and wood in Georgia are behind and insanely expensive. I build new and remodel and you need hundreds of thousands to keep these items in stock. I find it really hard to believe that it’s possible to just keep these custom pieces in stock
Washington here sounds a lot like what we see in Toronto (ON, Canada), where the "average" home seems to hover around that 1M mark, and is pricing out a lot of people, or they just end up being too leveraged.
Guys, homes can still be built and sold in Texas for 250k with decent profit margins. We the consumers are just imbeciles that’ll pay 500k for the same home.
Here in Rosarito Baja California we have built and flipped some homes and made as much as 100% on our investment. Looking to do a lot more of it and less selling of real estate.
By the way in regard to price increases. Here most are made in block. I use brick as the cost have not changed much. We also use a lot of reclaimed lumber. And have a good group of specialist for cabinets granite, windows... the biggest challenges is plumber/electrician.
@@UpFlip Not really the only tree care company I watch on here is ruclips.net/video/altbiRtbbFM/видео.html I've learn a lot from him already great guy 👍🏾👍🏾
Love the video and learning so much. Is the owner still considering to sell his business? Please let me know of his exit plan to possibly retire. thanks!
Check out UpFlip programs taught by world-class entrepreneurs: bit.ly/3Wz8yA6
Curious to see what a Mall kiosk would make
You should do an episode on someone who owns airbnbs! Would love to hear some in depth info on that!
@@jjrealestateg Its in the plans ;)
@@UpFlip where can I see it? I couldn't find that playlist
@@UpFlipYou all should reach out to Matt Risinger.
I tell my guys we are not in the construction business, we are in the relationship business. Customers, suppliers, tradespeople and the guys sweeping the floors need to be treated with respect.
This is amazing David and so very true. How long have you been in the industry? Any more advice on businesses just starting out?
@@UpFlip I’ve been in the business 40 years. My other advice is to higher the best people and pay them well and on time (unusual in my industry). Be honest and have fun.
@@sheneedsme Great mindset but trac home builders cannot do that as they cannot afford it, they do not make enough to "pay them well" much less give a shit about their feelings.
22years in New Home Construction
That's the key to success in basically every business (obviously assuming your product is good)... but lots of people can build a solid home, it's the relationship and service and attention to detail that sets a business apart
@@captainobvious5349 I've been thinking about starting a construction company up here in Seattle, can you mentor me?
This guy is so humbled and cool, he achieved so much and you can’t tell by hearing and watching him speak about the success they achieved as a team 👏🏻
I freaking love all the content on this channel. As someone who is business-minded, this channel has everything I need.
Wonderful Narith! Thanks for the awesome feedback. What type of business are you in?
@@UpFlip I'm not in one yet. I'm saving up to invest in the Softwash business next year. Your Softwash video with Stephen was really inspiring.
Love this channel , I’ve got 19 yrs in as a full time fire fighter , I started a landscape company from nothing at 18 years old, and we are still running strong. 24 yrs later. love this guys story !!!
Amazing story Firefighterpcd. We love to see it.⭐💪 Would you consider being on the channel?
wow, you're doing both? there's only 24 hrs in the day, tell me how you do it pls
@@user-hd8ej8yx9p he’s talking out of his ass that’s how he’s doing it
@@user-hd8ej8yx9p most the comments on here are bots to promote this channel
He embraced his constraints. It made him creative and resourceful.
Guys, even when you have a $50,000 budget, do it with $5,000. Force yourself to be resourceful and creative.
When it comes to presales... Presales work online with a nice funnel. When it comes to face2face talk, you can easily SELL more than you can deliver and kick yourself in balls.
Never, ever plan anything but possible solutions to problems. Planning gives you a fake feeling of control over things you can't control.
Jessica bought a ticket to Hawaii, planned everything, spent her last $ on the trip... Her flight was canceled, #no refund.
You can't control what will happen in the future. You can be ready for what might happen. Planning is losing.
Just my two cents.
Very informative video as always. Your questions are always on point.
I wonder how the landscape, environmental architecture, and similar niches are doing it from the ground up.
It would be amazing to enter the designer's world for a video.
You hit the nail on the head.
Selling jobs is the easy part. Completing on time and in budget, that's the craft.
If you struggle to sell jobs, maybe you have a knack for the latter, hire a salesman at a commission.
I think that you have to weigh every dollar spent on your business for a return on investment, and if you don't see a payoff from one of your fixed costs, cut it loose as soon as possible.
Always have your head on a swivel, the next stage of growth will be painful, stressful, and maybe even a failure but you can do nothing but learn learn learn from each and every mistake. Cheers'
Yes!
Vitaly is THE MAN !! The way he was talking about family life, his personal values, profit sharing plan with employees, etc etc ... just amazing !! A role-model for today's businessmen !
This is nice of you C10. Thank you for watching. 😀He provided a lot of great info. Are you or would you ever get into this industry?
@@UpFlip -- Im in a different service biz ( maintenance ) ... but construction is one of my dream biz ( maybe oneday :) ) ...
Wonder if Vitaly had to get a contractor license to start this sort of biz or he's using other contractors licenses to do projects ... That part wasn't really clear in the video.
Vitaliy seems a great guy, a real inspiring story. Really like his approach to paying and motivating his team. The part about family is an important one you dont hear enough on shows like this. Great episode guys...
It means a lot to us that we can touch lives through our videos. We hope you found value in the lessons and apply them for your success. 👊
And he probably aint woke, thus the move to FL! Washington up here sucks balls with the liberals.
I agree, is there a link to his custom home social media or website and does he do other RUclips ?
This is the type of video i've been looking for. It has all the right details and you asked the right questions. Thank you.
Man this guy really has some nice design ideas in all of his buildings, specially in the interiors
Well thought out video. Pls more about real estate, appreciate the great content 🐐
You got it Samuel! Thanks so much for the input. Are you currently in the real estate business?
Excellent video. As a well seasoned CAD Designer, these are the types of builders that are fantastic to work with, hard to come by and I wish I had more clientele like him.
Glad you enjoyed it NWA CAD. We appreciate the support. How long have you been in the industry?
I am getting started, this video helped alot. I wish I can get more professionals to work with
@@UpFlip Since 2003. Started my own side business in 2008 and have been running it full time since 2015. We also run a printing & graphics business and just purchased a small self storage facility in January 2022.
@@meanpicker if you don’t mind my asking, is your side business in CAD? I’m about to get my associates in CAD and I’m wanting to start some kind of business, for sure in the architectural side. Thanks
@@IndieBassJA26 Yes, I primarily design custom residential projects. New construction as well as remodels/additions. I’ve also done several engineering & manufacturing projects over the years for custom equipment and furniture. You’re only really limited by your abilities, imagination and entrepreneurial knowledge.
You guys hit the jackpot in the last vid. 1 million views!!!! You are amazing. And for anyone like me who likes videos this long this video is perfect. Keep it up guys
You're always supporting our videos Dario Thank you! 😀How's the business plan going?
LoL that video brought me to this channel 😄
Yeah, look at the construction standards of modern homes vs old ones. You will see the profit margins real quick. A home inspector will prove it.
I went on a binge looking for your channel again , so much value
Welcome back! The fr33. So happy you find the content valuable.😀What type of business would you like to see on the channel next?
@@UpFlip anything offline that can be done with a truck and low capital . The hardest part is making enough capital to start investing . Roughly around 1-10k I think it would help people get started
Favorite episode yet! Favorite part is that he prioritizes his wife and 7 kids over the business 😅👍🏽
Great Simply. Thank you! Family is so important. Would you ever consider doing something like this?
👌🏻
This was a very humbling interview! LOVED every minute of it! 👏
Glad you found it helpful! Hope the information propels you to new heights and success. 🚀
I love this builder's story. I love that house he made!!! Keep giving us content!! I love this channel and I'm always sharing to motivate others.
I have 8 projects going on. He is spot on with everything. We can’t stop with the materials problem you have to keep on going. Also this summer is going to be very interesting due to the materials getting pushed out farther and farther I had to change my availability on projects because materials….
Are you a builder as well Xrayded 503?
Are you based in the USA and normally are you importing row materials? I think I can give you some nice opportunities for you for this issue.
I've been thinking about starting a construction company up here in Seattle, can you mentor me?
@@navodhdeshan2426 I've been thinking about starting a construction company up here in Seattle, can you mentor me?
39:05 - Having permits in hand months in advance is something I've never experienced. Usually I would start demo while pulling demo permits, and always staying ahead of the ball. Time is money.
Do you think getting permits before hand would save a lot of time Trading Arsenal?
Gota have permits at least 2 months before hand, it’ll move much faster, on new builds
Yea I called bullshit on that also and in fact I am calling it on the entire video because he didn't seem to knowledgeable or give any sort of helpful advice and was really vague and almost evasive when answering. In my opinion if he is truly making money from construction he is doing so by laundering money from other "investors" illegal activities. But hey I am probably wrong and this guys the only person running a business that can say with a straight face he makes 50 to 70% profit. allegedly
Yes, if it's possible to do, then sure.@@UpFlip
So much of knowledge & Inside info ! Much Love for What You Doing , From Pakistan 🇵🇰💯
Wonderful! Thanks for supporting the channel YahooooCom from Pakistan. What other types of business would you like to see featured?
really great interview!!!!!!!!!!
Best UpFlip I've watched thus far ... props to Vitaliy ... seems to be driven and motivated for all the right reasons, the true measure of success.
Thank you for sharing your thoughts! Hope you watch our other content and find value in them. Any business you want to see next? ☺️
What a solid family man!
i learned SO much from this man. Free game for 45 minutes.
awesome... you can hear all the hard work from his past in his voice
That's true. Did this video teach you something new? What are your main takeaways from it? ☺
Yo, this is the best content, I have seen in a while. Crazy great info on these stories.
More to come, Will! What would be the most interesting industry you'd like us to cover?
He says 60% profit margin but I'm assuming he's not calculating overhead into that because I've never heard of those kinds of margins before in residential construction. Custom home builders in Canada are usually cost plus 10-18%. Some really high-end ones can do 20-25% but those are extremely rare.
Yea this guy blowing smoke
10/18% is just to build. When we do hands on trades we make our money!
60% profit margin from his investment, not from sale of house. Remember, he makes partnership deals with his workers that do most of the heavy lifting I assume.
In uk the margins are the same but the high end make less, more like 7.5-10% mainly because the numbers are much greater.
Not a chance someone makes 60%
where i live its over 100%, a 250k build will appraise over 500k the day the project is done.
Cool Builder!! most builders i have worked with always lack supply on the sight
Anyone viewing this from a realistic lens? If these margins are actually true, it’s one of two things: Greed; overselling at today’s inflated market price on homes - only because the market price on homes has skyrocketed without sensible justification. Or second, cutting corners and reducing overall quality and integrity in the build for the purchaser.
Did you even watch the video?
Not quite.
Host: "You won't believe this home builder's profit margins!"
Literally Anyone who remotely considered buying a home in the last decade: "Oh yeah we do. Not even a stretch. Have you seen the housing market lately?"
Same basic finishes yet prices keep going up
Hi I’m starting out to be like this guy and is ready for it knowing this is a long haul game and will require months and even years in making.. thank you for the inspiration!!
That scene of cutting and bending the sheet metal seems really important.
Did you enjoy the video TryDIY?
@@UpFlip Yes, I believe you have good material! Just poking fun for using that scene so much, keep up the good work. Inspiring people to break the mould and become entrepreneurs is an important undertaking!
Great episode.
Could I request a couple on the topic of ultra small businesses, to help inspire and encourage sole proprietorship entrepreneurs.
Great suggestion Whiskey sour. Any business type in particular?
@@UpFlip Idk about anything specific, but maybe pop up shops, retail arbitrage, Etsy/social media businesses, crypto speculating, home/garden/pet sitting, local business promoting, event planning (concerts, comedy, talent shows, art exhibits), gem/mineral hunting, teaching/tutoring, clean up service, videography/photography, gambling, inner city carrier service...That's all I can think of at the moment.
I like his house designs - lots of windows, angles. I think he can manage such huge profit margins because he bought the land when it was cheap (he mentioned that)
This channel is so good
We're very glad to hear it :)
Always Valuable Content 💰
Your doing it right man! I do the same thing as you in northern colorado….good luck getting into a development though…it’s all high end re-models up here….a typical “flip” here is a 5-600k investment home trying to pull 800k.
Rough deal but if you’re good, they sell immediately. Keep hustling bro…and watch those interest rates!!!
Awesome Skippy. Glad to get some feedback from someone in the same type of industry. We appreciate that. How long you been in the business?
@@UpFlip m...
"You won't believe his margins"
Me seeing entire house build out of practical board.....I do believe his margins.....
Most modern homes are built the same, and pine wood. Buyers buy for the look and not the quality!
Sadly buyers will never know
what can we say, it is "practical" afterall hah
So am I understanding this right, he has NO employees, he makes them partners and gives them a 1099 or something instead of having an employee and having to pay taxes and benefits? I guess it’s a good thing he’s not in California…… maybe that’s part of how he increases profit margins..?
To the excellent team, first of all I would like to express my appreciation for your channel and your amazing work, i learn from every video and see that the basis is similar in every business, your questions are precise and sharp, simply a pleasure to watch. I am from Israel and I have an insurance business, I would be happy if you would bring up business owners who provide services such as insurance agents, lawyers, accountants and the like. Thanks
Obviously amazing builder and great businessman but he’s pretty vague about he ended up with a house so early in his career. Usually it takes about ten years to even have that much capital or bankability to get those kinds of loans. I wish we could explore that part of the business more.
Great video I’m starting out with my first project soon & this really helps 🙏
Great to hear SKY! We're so happy this video was helpful. Will your project be in the same industry as this?
@@UpFlip Well similar I’m renovating homes up here in Toronto Canada. Just started my own company and my first major renovation project starts in 2 weeks I’m super EXCITED! and looking forward to a bright future in this industry. I know there will be ups and downs but I’ll learn along the way…Just wanna say thank you for putting out such great content..really appreciate it, Helps inspire people that if someone else can do it so can they. Much love I’ll be here watching your videos. ❤️
Good luck !
*Many people will panic to find a charger before their phone dies, but won’t panic to find a plan before their dream dies*
Thanks for always supporting Mikk. Did you enjoy the video?
I love the content but the titles are just misleading and makes the entrepreneurship looks too easy when in fact it is the opposite and not many end up like this guy.
Titles are always true, not on every deal but true on many…we are a channel that bring 100% truth to the industry we interview.
This guy didn't end up like this guy. The whole story isn't being explained here. This is the IG version of his career. Appreciate his hustle, and putting in the grind, it's lost most people coming out of highschool and college today.
love your channel and your work
absolutely amazing gained lot of knowledge from your vedios keep going lots of appreciation from india
We're so glad to hear it!
Code In Washington allow to put wood siding that close to concrete? That siding will wick moisture and fail early...
Your vedio is so nice❤❤❤
Glad you love this video! Hope you also watch our other content and find value in them. Any business you want to see next? ☺️
so refreshing to hear someone with a regular origin story instead of I wen to the bank and got $500,000 to purchase my first apartment complex
Thanks for watching Ramzes. Glad you enjoyed the video. What other businesses would you like to see on the channel?
@@UpFlip I just had my septic tank pumped / cleaned. I live on 12 acres within the city limits. Town has a population of 36,000. I had to call a company from a city 138 miles away to have my septic located and pumped. It cost me a fortune. I would like to see how a septic company functions. Why are there so few reliable septic companies? How do I start that business? I would seemingly have to turn away business, I would be so busy here in Texas where I live, as most folks in my county live rurally. Thanks
That one house with the white sprinkler coverplates is stressing me as a sprinkler fitter. Spend a couple extra bucks and get black or even a custom color match to the dark wood/black aesthetic.
You had me till the conversation went to "Code". Code is a D-, the absolute minimum allowed by law for health & safety reasons. Any less is immoral and unethical. Code is not a certification of quality. Code says, "our homes are just bad enough". It's a cursory glance that takes just minutes. We can do better and we should, for Health and Comfort and Efficiency issues. If your family spends all their time indoors, you should have superior IAQ. If you don't have a filter, you ARE the filter, trapped with VOCs. I thought they were at least LEED or low, low HERS. I wasn't expecting Passiv Haus or even Zehnder HRVs. Now I see the houses (not "homes" anymore, sadly) as all icing and no substance, sizzle but no steak. That's a lot of glass to not factor the losses. I do like the icing and sizzle, and the pivot to fewer, better clients. Thank you for that.
The content is great with a lot of information to consume.
I don’t think you put the right link for his website. I know it’s two years later, but it’s some company based out of Utah.
Can't stop laughing at how often the metal is being bent honestly.
Same 🤣🤣🤣🤣🤣
I understand having profit margins but I was building a home and the contractor let me upgrade to a free standing tub for 4800 that had no bubbles no nets etc I can find tubs at Home Depot that do nothing for under 800 that are just beautiful seems like a rip off to me
You just need to do it. Cause if you don’t do it. Someone else will. Then you will see that someone and be like, I could also do that! But you didn’t…. didn’t you??..
Thanks for watching Dimitry! Would you get into a business such as this?
@@UpFlip yeah sureee
A video on a video or photography business / studio owner would be nice
Thanks for the suggestion. We'll look into this!
His house designs are 🔥
We appreciate the feedback Ryan. They are really nice. What type of business are you in?
i am not sure how realistic this guy he is in what he talking about spending valuable time with teh family but whatever he is saying man he is an Awsome gu
arent there supposed to be studs on both ends under windows bottom plate? Its funny that this spot is right when they start talking about the bad experience one of his customers had with movement....
Don’t use striated lumber for the sill and you’ll be alright
I like that he talks less and listens more let's the audience get a better grasp of how steps gets done
Thanks for the feedback M Rainy. We definitely want our audience to feel informed. Should we do more videos in the home building industry?
Great interview, learn a lot, awesome homes!
That's music to our ears! We're you inspired to start this type of biz? 😍
Yes, I have a 5000 sqft lot in Long Beach, CA. I would like to add two houses. @@UpFlip
We have “custom built” Holmes in my neighborhood and the builder used the cheapest windows and siding and materials like 10 houses have massive water problems to this day now . Beautiful POS
Do you think it's an issue with supply shortage Big Beeg89?
Great builds! Hat's off to Vitali's success.
We appreciate that Andrew. Would you like to see more Contruction videos on the channel?
@@UpFlip For sure!
Great interview!! Ty
Thank you for watching Carlotta. 😀We really appreciate that. Please let us know what types of businesses you'd like to see in future videos?
Wow. 50 to 60% margins. Thats nice business strategy. Inspiring.
Thanks for watching Caspar! Are you in the same type of business?
Thats not sustainable long term.
@@MrNanah38 yes it is. These are specialized and unique homes and his clients are rich or well off.nthey spend for his creativity
Windows and wood in Georgia are behind and insanely expensive. I build new and remodel and you need hundreds of thousands to keep these items in stock. I find it really hard to believe that it’s possible to just keep these custom pieces in stock
Do you feel location has a lot to do with availability of certain items Holden?
I just love this video, amazing .
Washington here sounds a lot like what we see in Toronto (ON, Canada), where the "average" home seems to hover around that 1M mark, and is pricing out a lot of people, or they just end up being too leveraged.
Thanks for sharing! Do you have own an "average" home over there?
I don't believe there's a 60% margin here
You the best bro 🙌
You're awesome as well Handstandin. Is this the first video you've seen on the channel?
Super informative i love❤ this video and dream how i can talk with him by phone i live in china
Why is his cap over his left ear?! 😂
Just subscribed- great stuff.
Thanks for subbing The Marpalm. We're so glad you're here. 😀👍⭐ What other types of businesses would you like to see on the channel?
I love Steve Marr Proverbs for Business 🥰
Guys, homes can still be built and sold in Texas for 250k with decent profit margins. We the consumers are just imbeciles that’ll pay 500k for the same home.
I can see how he makes all those margins. He cuts out on H&S! Who let's a member of the public walk on a roof while filming without a handrail!!!
"How many decks this house has?" should have done another take on that one my dude 😆
When you buy material ahead of time (in some cases by the truckload), where do you store it until you need it? Do you have some sort of warehouse?
This varies and takes a lot of planning. He doesn't source materials ahead of time. Are you also in the construction industry, Drake Myers?
Unique is an absolute. Something cannot be "very unique"
What do you mean Alawicous?
@@UpFlip It's a grammar thing and more or less a running joke from a show we enjoy. ruclips.net/video/bQGEBEYPf9g/видео.html&ab_channel=rigmutton
great contents upflip
What a beautiful "deck", MASSIVE
😂
Here in Rosarito Baja California we have built and flipped some homes and made as much as 100% on our investment. Looking to do a lot more of it and less selling of real estate.
By the way in regard to price increases. Here most are made in block. I use brick as the cost have not changed much. We also use a lot of reclaimed lumber. And have a good group of specialist for cabinets granite, windows... the biggest challenges is plumber/electrician.
I mean this is at the markets prime. I wonder how he's doing now 😅🤔
Why doesn't he recommend working for someone in the industry first? "Just do it". lol
Another 🔥 episode!
You Rock SalesInvite! Thanks so much for watching. Which episode did you enjoy most? What other businesses would you like to see on the channel?
Man these are some really nice houses he is building. Super nice and comfy, much better than the usual McMansions.
They're very unique Martin. Thanks for watching. Would you like to see more content like this?
Awesome Guy. I mean who trades a boat for a lot... like everything about this guy, if he was in my area I would hire him.
🙏God bless you, your family and buisness
This is great feedback Aimey. Thank you. Are you new to the channel?
Loving the videos 💯💯 still want to see the tree care company videos let us manifest it
It's eventually come Biggz. We've got to find the right company. Any suggestions?
@@UpFlip Not really the only tree care company I watch on here is ruclips.net/video/altbiRtbbFM/видео.html
I've learn a lot from him already great guy 👍🏾👍🏾
Vitali looks like a dude I'll do Business with, Good Luck on your Future projects.. 👍🏼
This is great to hear Tony. Thank you! Should we do more construction videos?
Love the video and learning so much. Is the owner still considering to sell his business? Please let me know of his exit plan to possibly retire. thanks!
He's young lol
Information on Vitaly's business? It appears that the description is not correct. Thanks
Can you please point out the mistakes, if there are any please? Thank you!
amazing episode!!!!! where can we contact him? his contacts are nowhere to be found on internet!
We've just updated the description!
Can someone give me an idea as to what he means when he says non traditional creative financing?
scamming is how
Not sure what you mean Adam?
@@UpFlip scamming?
Customers are people one delivers street medications to..
Clients however are people you collaborate, design and build homes for.
I love this video!
50-70% profit margin? That would be unlikely even as gross profit much less net.
On my way to favorite channel
That's awesome Rant TV. Thank you! 😀We're so happy to hear this. Would you ever get into an industry such as this?