David K

About David K

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So far David K has created 8 blog entries.

What does the new tax law mean to the average small builder?

2020-04-03T15:18:51+00:00

Many people have been weighing in on this subject over the last month. I am not a tax accountant, but here are my thoughts: 1) The most important change is that most LLC businesses which have employees (not counting the owner), have a lower tax rate [...]

What does the new tax law mean to the average small builder?2020-04-03T15:18:51+00:00

Housing prices vs. Lot prices – now and in the future

2020-04-03T15:18:35+00:00

Many builders have reached out to us about housing prices rising slower than lot prices. This has been lowering the gross profit percentage builders are able to realize. I have two thoughts on this topic: 1) During the down turn (2007-2011) many com [...]

Housing prices vs. Lot prices – now and in the future2020-04-03T15:18:35+00:00

Views on Housing

2020-04-03T15:18:00+00:00

Many people I meet ask me about my thoughts about the housing market under the new administration. I think we always need to keep in mind that our country's housing market is really made up of hundreds of different housing markets. Some of those tod [...]

Views on Housing2020-04-03T15:18:00+00:00

Fix and Flips: An Alternative During a Period of High Lumber Costs

2020-04-03T14:34:26+00:00

While lumber and labor costs remain high, fix and flips may be a way for builders who do some of their own finish work to maximize profit until prices drop. While we anticipate lumber yards dropping lumber prices soon, in the mean time, some potenti [...]

Fix and Flips: An Alternative During a Period of High Lumber Costs2020-04-03T14:34:26+00:00

Wallach Wisdom: A short statement on why we got started

2020-04-03T14:33:52+00:00

We realized there was a market niche where banks had pretty much abandoned the small builder, and we had the ability to fill the need. The large builder has the ability to build spec houses and has inventory, whereas the small builder can't compete [...]

Wallach Wisdom: A short statement on why we got started2020-04-03T14:33:52+00:00
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