The adage of robbing Peter to pay Paul has been a part of the building industry for far too long. It’s eroded the trust of customers and trades who are constantly fearful of their bottom line. Builders and remodelers who manage their finances this way are floundering. Today, our guest is Jake Harris, the Founder and CEO of BuildWallet, who is challenging the industry norms by investing in the technology of the future. Listen in as he shares a new way to partition project money that reinstills trust in everyone involved.

Show highlights include:

 

• 2:10 Attending the International Builder Show

• 3:20 How Jake got into the industry and starting his own company

• 9:45 Why builders shouldn’t be bankers

• 13:45 Inception and how BuildWallet began

• 22:25 How does BuildWallet work?

• 24:20 How does access work?

• 28:00 The perspective of the homeowners, the builders, and the lenders

• 34:30 Are users finding success?

• 37:00 What happens when parties disagree about the money?

• 43:14 What’s coming up next and how to get in touch

You can learn more about Jake at https://www.buildwallet.com/.

Social media:

LinkedIn- https://www.linkedin.com/in/jake-harris-985a565/

Youtube- https://www.youtube.com/@buildwallet

Or hit us up through our Contact Page at https://buildernuggets.com and we’ll make a personal introduction.  

To get the most out of this podcast, head over to https://buildernuggets.com and join our active community of like-minded builders and remodelers.