Remove Equity Remove Estimating Remove Income
article thumbnail

What You Should Know Before Taking a Construction Loan

Construction Marketing

Before approving your loan, the lender must review your projected budget estimates, detailed construction plans, and construction timelines to decide on your loan amount. In addition to meeting traditional borrower standards, the lender will inspect and approve construction timeline estimates, proposed budget, and architectural plans.

article thumbnail

Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

Extracting key ratios from financial statements and safety metrics from OSHA filings allows builders to gauge a subcontractor’s short-term and long-term health — and empower estimators with the data they need to make more informed bidding decisions. . Debt-to-Equity . Formula: Total Liabilities / Total Shareholders’ Equity .

Safety 94
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cracking the code of affordable housing

BD+C

MFPRO+ Blog Mixed-Use Affordable Housing Senior Living Design Apartments Designers Architects New Project Portfolios A wave of residential projects rising across the country is meeting an insatiable demand, given the estimated shortage of 7.3 million homes that are accessible to low-income renters.

Housing 104
article thumbnail

What's next for affordable housing in 2024?

BD+C

We expect current trends of providing wraparound services at the lowest-income levels and for special needs groups to continue. However, at more moderate-income levels and in smaller buildings, we’re seeing fewer dedicated amenities. And how are people responding?” Looking Beyond the Building. The results thus far are mixed.

Housing 105
article thumbnail

Construction Bookkeeping Unique Features

Contractor Bookkeeping

Business Owners - Need three basic reports, Cash, Profit and Equity. Assets - Liabilities) = Equity. -. Breakeven - Is fairly easy to calculate because there is a direct relationship between income and expenses on every item. Chart of Accounts Estimates. Other Income Tracking. Estimates By Job. Cash On Hand.

article thumbnail

Unique QuickBooks Setup For Contractors

Contractor Bookkeeping

Our internal research shows a properly run construction company with annual sales between $500,000 and $5,000,000 can generate as much or more cash, profit and equity than most construction companies with annual sales between $5,000,000 and $10,000,000. Chart of Accounts Estimates. Other Income Tracking. Other Expense Tracking.

article thumbnail

Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

Having witnessed income and social class inequities entrenched by corruption on their European mission, and a system in which government officials and business entrepreneurs rarely collaborate to solve civic and social problems, the Ivorys recognized the seeds of similar dynamics in their own backyard. See past Builder of the Year winners.