Real Estate Startups

Joined August 2009
8 Photos and videos
Should you change one of your subs? I prefer to stick to the same subcontractors for each new project. They might be not the most cost efficient but they used to my instructions, provide the best quality possible, show up etc. I change subs only if they start to f&@k up a lot.
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License or no license? Licensed guys can read plans, they passed some sort of prep for exam, they can issue w9 and invoices. Tile project for a few thousand? Metered cuts? Precise work? Floated walls? I get it and they get very clear scope of work and payments ASAP
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How I get the best pricing / quality ratio from contractors: 1. I work with licensed owner-operators, not private equity shops. 2. I pay ASAP and they know it. 3. I make very clear expectations so they see very detailed scope of work. 4. I know what I am doing
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Artem Gerashchenkov retweeted
SO you want to work with sub institutional contractors who give you really good prices? Prepare to be asked for money every step of the way and final payment within 15 minutes of finishing.
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Michael Saylor: we will buy $300b worth of Bitcoin and our company will worth $1 trillion
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Artem Gerashchenkov retweeted
Maximize resources Build as much as possible in more affordable locations, where taxpayer dollars go further. Align incentives stop funding harm reduction and street camps. Enforce quality of life crimes. Zero crime tolerance.
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Outlook for 2022-2023 from the 3rd LAGRANDEXPO #lareic #lagrandexpo #ricksharga
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Seal Beach today
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Artem Gerashchenkov retweeted
3 Jun 2022
Los Angeles is fortunate to have someone like Rick Caruso running for mayor. He’s awesome.
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Artem Gerashchenkov retweeted
Long-term thesis for investing in LA, on its face, is quite lazy, like me. -people like good weather -people like jobs -we won’t ever figure out housing -prop 13 is sweet -construction costs will outpace inflation -it’s my backyard Best r/r? Prob not. Who cares. It’ll be ok.
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