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Get ready for an exciting update on the construction project undertaken by Carolyn and Joshua McMahon! You won't believe the progress they've made and the challenges they've faced along the way.
From clearing the lot to pouring concrete, Carolyn and Joshua have been working tirelessly to bring their vision to life. They even had to deal with rain delays in Richmond, but that didn't stop them. With the help of a pump truck, they were able to dig the footer and pour concrete. It wasn't without its costs though, as they had to pour two loads and spend $1000 on the pump truck.
But that's not all, they encountered bad dirt at the front of the lot, which resulted in an unexpected $2500 cost to dig down to solid ground. However, they found a way to save money by stepping the foundation and ordering stones for backfill before a price increase on July 1st, saving them $1000.
Now, let me tell you about Carolyn's hilarious experience at the construction site. Picture her in her office attire, having to put on mud boots and joking with the truck driver about her outfit being sexy. It's moments like these that make the journey even more memorable.
Despite the delays and challenges, Carolyn and Joshua are determined to get the foundation right. They understand the financial implications of any delay and are paying for everything out of pocket. They've even had their credit card denied due to multiple stone charges! But they're not letting that stop them.
Inspections are up next, and they're hoping for a smooth process. They've had past experiences with inspectors not showing up, and they know the consequences of pouring concrete without an inspection. It's all about getting things right and not causing any issues for the trades involved.
Joshua shares his insights on the risks and challenges they face in the construction process. Inspections have slowed things down, and failing one can result in a two-day delay. It's frustrating, but they're committed to doing things right and not rushing through the process.
Carolyn adds a funny story about Joshua's growth as a builder, reminiscing about how he used to think he was "the man" back in 2007-2008. Now, he's learned the importance of logistics and coordination, making sure everyone involved in the project is on the same page.
They both express their excitement for the next phase of the project, where they'll see the foundation being laid and the structure taking shape. They're grateful for the opportunity to build and acknowledge the risks and uncertainties involved.
Before we wrap up, Joshua encourages you to check out their Instagram page, McMahon Custom Homes LLC. Hit that follow button, share it with your friends and family, and leave them a five-star review. They want to hear from you and would love your feedback on what you'd like to hear in future episodes. You'll find their contact information in the show notes.
Email us at: [email protected]
Instagram: mcmahoncustomhomes
Support the show
Carolyn can be found on LinkedIn at:
https://www.linkedin.com/in/carolyn-mcmahon-937b89158
Joshua can be found on LinkedIn at:
www.linkedin.com/in/joshuamcmahon15
Email for feedback, questions, complaints, etc:
[email protected]
Daily Journal: https://amzn.to/41p9aKE
We appreciate any and all feedback so feel free to send a text.
"Are you ready to dive into the world of construction projects and learn some valuable lessons along the way? In this episode, Carolyn and Joshua McMahon take us on their journey of building their dream house. From obtaining permits to clearing the land, they share the highs and lows of the process. But what is the most valuable lesson they've learned so far?
Join Carolyn and Joshua as they navigate the challenges of construction, including delays caused by inspections and weather conditions. They discuss the importance of having a positive attitude and work ethic on the job site, highlighting the impact it can have on the overall experience. But perhaps the most valuable lesson they share is the commitment to learning from mistakes and improving their process for future projects.
Follow their exciting journey on their Instagram page, where they provide updates and content related to building their own home. Whether you're a DIY enthusiast or simply curious about the construction process, this podcast will leave you inspired and armed with valuable insights. Get ready to witness the progress they'll make in the coming weeks. Are you ready to build your own dream house?"
Support the show
Carolyn can be found on LinkedIn at:
https://www.linkedin.com/in/carolyn-mcmahon-937b89158
Joshua can be found on LinkedIn at:
www.linkedin.com/in/joshuamcmahon15
Email for feedback, questions, complaints, etc:
[email protected]
Daily Journal: https://amzn.to/41p9aKE
We appreciate any and all feedback so feel free to send a text.
5 Lessons I Learned About Home Building from an Expert Builder
Are you interested in the world of home building? Look no further than this podcast episode featuring Tim, a home builder from Washington state, as he discusses the ins and outs of the industry with his guests. Here are 5 key takeaways from their conversation:
Overall, this conversation highlights the challenges and rewards of being a home builder, and emphasizes the importance of flexibility, building science, content creation, family dynamics, and adaptability. Whether you're a seasoned builder or just starting out, there's something to be learned from this engaging and informative episode.
Bryan can be found at: https://linktr.ee/PioneerBuildersInc?utm_source=linktree_profile_share<sid=71ccd2f8-22a1-45b0-95ea-25121f9c2019
Support the show
Carolyn can be found on LinkedIn at:
https://www.linkedin.com/in/carolyn-mcmahon-937b89158
Joshua can be found on LinkedIn at:
www.linkedin.com/in/joshuamcmahon15
Email for feedback, questions, complaints, etc:
[email protected]
Daily Journal: https://amzn.to/41p9aKE
We appreciate any and all feedback so feel free to send a text.
5 Lessons I Learned from Scaling a Construction Business
Scaling a construction business can be a daunting task, but it's also incredibly rewarding. As discussed in a recent podcast episode, separating roles and responsibilities, defining core values, and investing in effective systems can make all the difference. Here are five lessons I learned from the conversation:
Take time to explore and try new things. Christopher Brement left his family's construction business to explore other opportunities, but eventually returned with a fresh perspective. Don't be afraid to take a break and try something new, as it can bring valuable insights and inspiration.
Hire dedicated professionals for specific tasks. Specialization is key in the construction industry, and hiring experts for each role can improve efficiency and quality. Don't try to do everything yourself.
Define core values and hire based on them. Core values can guide decision-making and lead to a strong company culture. Hire and fire based on these values, and customers will see them in action through your actions and problem-solving skills.
Invest in effective systems and processes. Programs like EOS or Pinnacle can improve your business and lean into the future. Continually improve your processes to ensure quality craftsmanship and a lasting impression on homeowners.
Embrace coaching and feedback. Working with a coach like Steven, as Christopher Brement does, can bring valuable insights and challenges. Don't be afraid to disrupt existing plans and seek feedback from trusted sources.
Scaling a construction business may not be easy, but with the right mindset and strategies, it can lead to incredible success.
Support the show
Carolyn can be found on LinkedIn at:
https://www.linkedin.com/in/carolyn-mcmahon-937b89158
Joshua can be found on LinkedIn at:
www.linkedin.com/in/joshuamcmahon15
Email for feedback, questions, complaints, etc:
[email protected]
Daily Journal: https://amzn.to/41p9aKE
We appreciate any and all feedback so feel free to send a text.
Avoiding Scope Creep in Construction: Tips and Strategies
Scope creep can be a nightmare for anyone in the construction industry. It can lead to financial loss, reduced profitability, time delays, and even strain relationships between builders and customers. In a recent episode of the "Feed Me Your Construction Content" podcast, Carolyn and Joshua McMahon share their insights and personal experiences on how to avoid scope creep and run a profitable business.
One of the main takeaways from their discussion is the importance of setting clear expectations and adding time and cost to the contract when necessary. They stress the need to be transparent and avoid giving away additional services that can result in a financial burden for the builder. Carolyn and Joshua also highlight the impact of scope creep on resource allocation and planning coordination, and the need to be respectful and communicate with trades about their availability and the impact of any changes on their schedule.
Another key point they make is the need to have a clearly defined change order process in the contract. Carolyn emphasizes the importance of avoiding being selfish and thinking about how changes affect everyone involved, while Joshua shares a personal experience where a customer kept pushing for changes even after paying for change order fees. They both stress the need to carefully consider the impact of scope creep on the project and to communicate the change order process early and often to avoid difficult situations.
Lastly, Carolyn and Joshua discuss the importance of upholding construction standards and guidelines during the warranty period, and avoiding giving away things in the field that can create an environment where entitlement is expected, leading to further scope creep.
In conclusion, avoiding scope creep is essential to run a successful and profitable construction project. Carolyn and Joshua's tips and strategies can help builders and contractors navigate this challenge and maintain healthy relationships with their customers and trades. So, next time you're faced with a potential scope creep situation, ask yourself, "is the juice worth the squeeze?" and take action to prevent it.
Support the show
Carolyn can be found on LinkedIn at:
https://www.linkedin.com/in/carolyn-mcmahon-937b89158
Joshua can be found on LinkedIn at:
www.linkedin.com/in/joshuamcmahon15
Email for feedback, questions, complaints, etc:
[email protected]
Daily Journal: https://amzn.to/41p9aKE
We appreciate any and all feedback so feel free to send a text.
5 Key Takeaways on Contracts in the Construction Industry
Contracts are an essential part of any construction project, and it's crucial to understand their terms and conditions to avoid misunderstandings and disputes. Here are five key takeaways from the recent podcast episode on contracts in the construction industry:
In conclusion, contracts are crucial for any construction project to run smoothly and avoid conflicts. By following the terms of the contract, communicating clearly, and documenting everything, both parties can ensure a successful project and a satisfied customer.
Contracts, construction industry, reading contracts, understanding contracts, legal agreement, homeowner, contractor, misunderstandings, disputes, due diligence, communication, warranties, warranty cost, customer expectations, change orders, project delays, completion, timelines, documenting delays, daily log, commercial construction, legal issues.
Support the show
Carolyn can be found on LinkedIn at:
https://www.linkedin.com/in/carolyn-mcmahon-937b89158
Joshua can be found on LinkedIn at:
www.linkedin.com/in/joshuamcmahon15
Email for feedback, questions, complaints, etc:
[email protected]
Daily Journal: https://amzn.to/41p9aKE
We appreciate any and all feedback so feel free to send a text.
In this podcast episode of "Feed Me Your Construction Content," hosts Carolyn and Joshua McMahon discuss their personal construction project and the process of bidding and buying out the project. They provide valuable insights into identifying needs versus wants, making smart choices to stay within budget, and being proactive and detail-oriented during the buyout phase. They also discuss the challenges of balancing custom requests with production building and stress the importance of communication and transparency in the bidding and buying process to ensure a successful project within budget. Despite the challenges of balancing their full-time jobs with the demands of the construction project, Carolyn and Joshua remain committed to making progress each week.
#construction #homebuilding #homebuilder #projectmanagement #success
Support the show
Carolyn can be found on LinkedIn at:
https://www.linkedin.com/in/carolyn-mcmahon-937b89158
Joshua can be found on LinkedIn at:
www.linkedin.com/in/joshuamcmahon15
Email for feedback, questions, complaints, etc:
[email protected]
Daily Journal: https://amzn.to/41p9aKE
We appreciate any and all feedback so feel free to send a text.
Hey there, it's Joshua here, and today we have an incredible guest on the show! Say hello to Frank Lackman, the president of Cornerstone Homes, a top-notch Richmond-based boutique builder specializing in 55-plus communities.
Let me tell you why Frank is such a game-changer for me and my career. Before I met him, I was all about the hustle. No time for reports, data, or numbers—I was the running-and-gunning, slinging-it type. I'd drive a thousand miles a week, inspect every house, and get things done my way.
But then Frank came along and dropped a wisdom bomb on me. He said, "Joshua, you need to read those reports. Trust the numbers. And then go out into the field and verify their accuracy. Trust, but verify." 📊✅
And you know what? That changed everything. It accelerated my career like nothing else. Frank taught me the power of combining data-driven insights with on-the-ground reality checks. It's a winning formula that has tremendously impacted my professional journey.
But here's the kicker—Frank's influence didn't stop there. He played a crucial role in bringing me back into the building business. When I was laid off and in survival mode during the recession, I ventured into the commercial sector. But with Frank's guidance, I found my way back and started working for someone else, reigniting my passion for construction.
Join us in this captivating episode as we delve into the lessons Frank imparted, the secrets behind Cornerstone Homes' success, and how he became an integral part of my comeback story. You won't want to miss this! Tune in now! 🎧
#construction #55plusbuilder #ageinplace #cornerstonehomes #homebuilder
Support the show
Carolyn can be found on LinkedIn at:
https://www.linkedin.com/in/carolyn-mcmahon-937b89158
Joshua can be found on LinkedIn at:
www.linkedin.com/in/joshuamcmahon15
Email for feedback, questions, complaints, etc:
[email protected]
Daily Journal: https://amzn.to/41p9aKE
We appreciate any and all feedback so feel free to send a text.
Hey everyone,
Are you aware of the credit bureaus TransUnion, Experian, and Equifax, and some of the issues they faced in the past that could have affected people's credit scores? In this episode of "Feed Me Your Construction Content" podcast, we discuss the importance of having a trusted partner to guide you in making credit decisions and filing taxes, especially for self-employed individuals.
Our guest, William, explains how the credit bureaus were violating the Fair Credit Reporting Act by relying on a third-party service, Lexus Nexus, to pull public records and throw judgments and public records on credit reports. This caused inaccuracies in credit reports, which could have affected people's credit scores. He also mentions that none of the localities report their data to the credit bureaus directly because they charge fees. As a result, the credit bureaus had to drop the practice of including judgments in credit reports. This led to a sudden increase in credit scores for many people.
We also discuss the process of getting a mortgage for self-employed individuals. William advises that it's good to start six to 12 months before your goal if your goal is to start building a house. He also suggests that it's a good idea to do it before you file your taxes in the current tax year. William explains that the IRS tax code allows a person to file amended tax returns in the subsequent tax year to correct where they did not take certain deductions. However, he advises that it's important to put that far enough out that it's about a year later to avoid raising any red flags for the IRS.
We also talk about the importance of good document control when it comes to taxes. Joshua and Carolyn stress the importance of having a good relationship with a tax professional and a lender. They also suggest that people should start the loan process early to avoid any last-minute issues.
Overall, the episode highlights the importance of being organized and having a trusted partner to guide you through the loan process. If you want to learn more about the loan process and how to prepare for it, I highly recommend listening to this episode.
As William says, "Preparation over pre-qualification." So, what are you waiting for? Tune in now to learn more!
Best regards,
Carolyn McMahon
Support the show
Carolyn can be found on LinkedIn at:
https://www.linkedin.com/in/carolyn-mcmahon-937b89158
Joshua can be found on LinkedIn at:
www.linkedin.com/in/joshuamcmahon15
Email for feedback, questions, complaints, etc:
[email protected]
Daily Journal: https://amzn.to/41p9aKE
We appreciate any and all feedback so feel free to send a text.
In this podcast episode, hosts Joshua and Carolyn McMahon discuss the process of buying land, obtaining a construction loan, and building a dream home with their guest, William Hendrix. They highlight the challenges of getting a construction loan as a DIY builder and the importance of partnering with people to meet the needs of clients. The episode emphasizes the importance of finding the right partners and resources to make the dream of building a home a reality. They also discuss the process of qualifying for a mortgage and the importance of seeking professional guidance when it comes to managing finances and credit scores.
William Hendricks can be found at the following links:
LinkedIn: https://www.linkedin.com/in/williamhendricks
Instagram: whendricksihmc
Website: ihmcloans.com
Phone: 804-502-5344
Email: [email protected]
Support the show
Carolyn can be found on LinkedIn at:
https://www.linkedin.com/in/carolyn-mcmahon-937b89158
Joshua can be found on LinkedIn at:
www.linkedin.com/in/joshuamcmahon15
Email for feedback, questions, complaints, etc:
[email protected]
Daily Journal: https://amzn.to/41p9aKE
From the publisher's feed
Building a home is one of people's most significant investments and can be challenging. Feed Me Your Construction Content podcast aims to simplify the home-building process by providing valuable…
The podcast will also feature interviews with builders, architects, engineers, and other professionals in the industry, providing listeners with valuable tips and tricks to help them join the homebuilding industry. Whether you are a first-time home builder or an experienced professional looking to learn more, Feed Me Your Construction Content is the perfect podcast for anyone interested in homebuilding.
Key topics to be covered:
Target audience:
Feed Me Your Construction Content podcast targets anyone interested in homebuilding, including first-time homebuyers, DIY enthusiasts, and professionals in the construction industry looking to expand their knowledge. The podcast aims to be accessible to people of all backgrounds and experience levels, providing insights and tips for everyone interested in homebuilding.
"Feed Me Your Construction Content: Your go-to podcast for valuable insights and tips on homebuilding and joining the industry."