What if you could transform your passion for building into a thriving business, even amidst economic turmoil? Join us as Tim Winter, the mastermind behind Paradigm Homes, shares the remarkable story of his contracting career, beginning with early hands-on lessons from his father and grandfathers. Tim opens up about his journey from Penn State graduate to a key player at a national home builder in northern Virginia, detailing how he took the leap to launch his own company just before the mortgage crisis hit. You'll hear how his resilience and adaptability led him through the Great Recession, switching gears from residential to commercial projects before finding his true calling in high-end custom homes.

Ever wondered what it takes to grow a successful construction business from scratch? Listen to Tim's firsthand accounts of managing initial projects for family members and overseeing complex renovations, including a historic building for a family restaurant. Tim reflects on climbing the ranks within a national builder, gaining invaluable experience as an assistant project manager and beyond, culminating in the pivotal decision to start his own venture in 2006. Discover the significance of a hands-on, client-focused approach in sustaining and growing a business, especially during challenging economic periods.

Tim also sheds light on the advantages of having architecture services in-house, making a strong case for the design-build model that streamlines processes and enhances client satisfaction. Learn about the digital tools like Monday.com that have revolutionized Paradigm Homes' project management, ensuring meticulous documentation and effective communication. Plus, get inspired by the Paradigm Foundation's charitable work in countries like the Dominican Republic and Kenya, exemplifying how industry expertise can be harnessed for social good. Tim's insights are not just about building homes but also about building a legacy that gives back.

To learn more about Tony Johnson and Timeless visit us at:
https://timelessci.com/
https://timelesspropertiescc.com/

If you would like to discuss investing in Commercial Properties create a profile and schedule a call:
https://timelessci.investnext.com/

Reach out to us directly at:
info@timelessci.com

Ever wondered what it takes to truly scale a general contracting business? Discover the critical steps and strategies that can transform your company from just surviving to truly thriving. In this episode of Carolina Commercial Real Estate Connection, I share my journey from obtaining my general contractor's license in 2007 to building everything from residential homes to large-scale commercial projects. You'll learn why relinquishing control and effectively delegating tasks are pivotal for growth, and how assembling a top-notch team can set the stage for long-term success.

We also tackle some of the most common hurdles faced by new and aspiring general contractors. Learn how to navigate the tricky early stages of securing work through friends and family, and avoid the costly mistake of underpricing your services. Emphasizing transparency and clear communication with clients, I provide actionable insights on setting expectations and managing relationships to achieve satisfaction and earn valuable referrals. Whether you're just starting out or aiming to scale your contracting business, this episode is packed with valuable lessons to help you reach your goals. Tune in and equip yourself with the knowledge to elevate your business to the next level.

To learn more about Tony Johnson and Timeless visit us at:
https://timelessci.com/
https://timelesspropertiescc.com/

If you would like to discuss investing in Commercial Properties create a profile and schedule a call:
https://timelessci.investnext.com/

Reach out to us directly at:
info@timelessci.com

Discover the secrets of structuring successful real estate deals and securing profitable investments with our guest, Joel Florek of JFH Capital. In this episode, Joel shares his incredible journey from Marquette, Michigan, where he first developed his passion for real estate by working on home renovations alongside his parents. Joel's academic path took a turn from mechanical engineering to finance, leading him to entrepreneurial success. You’ll learn about his first investment in a four-unit building and how these early experiences laid the foundation for his impressive career.

Joel dives into the intricacies of structuring real estate deals for maximum returns, recounting his early success with a syndication that netted a 20% annual return for investors. He explains how performance-based hurdles can keep investors engaged longer, ensuring a win-win situation for all parties involved. Joel also provides a detailed look into the strategic decisions behind the sale of a 48-unit complex and the acquisition of an 80-unit property, highlighting the multifamily market’s challenges and opportunities.

Finally, Joel opens up about navigating the real estate financing landscape, from securing loans to negotiating favorable terms. He emphasizes the importance of reaching out to multiple lenders and understanding every detail of loan agreements to avoid pitfalls. His recent experience with an 80-unit project showcases the benefits of working with a specialized mortgage broker and implementing strategies like incremental refinancing. Don’t miss out on Joel's invaluable insights and the opportunity to connect with him for future investment possibilities.

Reach out to Joel
Joel@jfhcapital.com
www.jfhcapital.com

To learn more about Tony Johnson and Timeless visit us at:
https://timelessci.com/
https://timelesspropertiescc.com/

If you would like to discuss investing in Commercial Properties create a profile and schedule a call:
https://timelessci.investnext.com/

Reach out to us directly at:
info@timelessci.com