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Re: Anyone tried to build a commercial property lately?
[Re: carcrazyguy]
#2914630
04/25/21 09:03 AM
04/25/21 09:03 AM
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Joined: Jan 2003
Posts: 10,704
North Dakota
6PakBee
I Live Here
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I Live Here
Joined: Jan 2003
Posts: 10,704
North Dakota
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It's not just commercial. A friend is building a new home and it's at the framing stage. It's already 20% higher than estimated and his builder says it'll go much higher. Shoot, I just bought a flat, primed, pre-hung hollow core 30" door w/no casing and paid $120. I'll bet at this time last year I could have bought that all day for $30-$40.
"We live in a time when intelligent people are being silenced so that stupid people won't be offended".
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Re: Anyone tried to build a commercial property lately?
[Re: 6PakBee]
#2914666
04/25/21 10:18 AM
04/25/21 10:18 AM
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Joined: Jan 2003
Posts: 4,712
Moved to N.E. Tennessee
GomangoCuda
master
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master
Joined: Jan 2003
Posts: 4,712
Moved to N.E. Tennessee
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I put off building an Rv storage building because of the same problem. Everything is at least doubled in price IF it's even available. We also wanted to do a master bath remodel this spring. Lead time on the shower is 16 weeks  Contractor said don't bet on the prices coming back down anytime soon. Anything else I have to say about this subject probably belongs in the unmoderated/politics forum. 
In theory, there is no difference between theory and practice. In practice, there is.
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Re: Anyone tried to build a commercial property lately?
[Re: dOc !]
#2914685
04/25/21 10:46 AM
04/25/21 10:46 AM
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Joined: Jan 2003
Posts: 10,704
North Dakota
6PakBee
I Live Here
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I Live Here
Joined: Jan 2003
Posts: 10,704
North Dakota
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Oh noGo !
Haven’t confirmed this meself but I was told ....
Typical wood products like 2x4, plywood and OSB ...
Upwards of 400% !
PURELY... whatever the market will bear I returned a sheet of 1/2" AC plywood and got a sheet of 3/4" AC. The lumberyard said they were glad I had the receipt as the price of the 1/2" had risen so much in the week I had it without a receipt they wouldn't have accepted the return.
"We live in a time when intelligent people are being silenced so that stupid people won't be offended".
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Re: Anyone tried to build a commercial property lately?
[Re: theraif]
#2914769
04/25/21 01:51 PM
04/25/21 01:51 PM
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Joined: Jul 2008
Posts: 30,424
Florida STAYcation
dOc !
The village idiot's idiot
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The village idiot's idiot
Joined: Jul 2008
Posts: 30,424
Florida STAYcation
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I gave up listening to this  .... Lowes and Home Depot SUPPOSEDLY having a 5% gross margin .... B’tch ... please 
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Re: Anyone tried to build a commercial property lately?
[Re: carcrazyguy]
#2914781
04/25/21 02:22 PM
04/25/21 02:22 PM
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Joined: Jan 2003
Posts: 12,422
Warren, MI
71TA
I Live Here
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I Live Here
Joined: Jan 2003
Posts: 12,422
Warren, MI
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I wanted to build a 10-12,000 building. Typical "cheap" buildings in our area are block about 6-8' high then insulated steel above that. Last year $70-75/sqft. This year, I talked with the builder a month ago and he talked me out of building. Said wait for a year or buy a 20 year old 14,000ft building he had coming up for $62/ft. Said it would be way cheaper even if I had to put $100k in it. NOW he says the guy with the 3 person company in the 14,000ft building, who WAS gonna hang it up, is gonna stay at it for a few more years. DAMN.
I've seen those steel building commercial where they can put up 10,000ft for $200k but what about property (200k), sewer, electric, gas, etc. I'm not a general contractor. I would have no idea what I'd be getting into. And I'd image a general contractor has to put 20% in their pocket ($200k?). So now I'm at a million again.
THEN here in Michigan seems like EVERYONE is growing pot. Just drove through an industrial neighborhood today and that's all I smell. Buildings in pot growing areas are 2-4X what they were prior. It's NUTS. So choke out legitimate small business to get people high? This is like a bad dream I can't wake up from. I don't want to eat dog food later on in life so I don't have time to get high. I'm at work today eating PB&J for lunch while checking in on Moparts
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Re: Anyone tried to build a commercial property lately?
[Re: 71TA]
#2914810
04/25/21 03:16 PM
04/25/21 03:16 PM
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Joined: Jan 2003
Posts: 10,704
North Dakota
6PakBee
I Live Here
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I Live Here
Joined: Jan 2003
Posts: 10,704
North Dakota
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I wanted to build a 10-12,000 building. Typical "cheap" buildings in our area are block about 6-8' high then insulated steel above that. Last year $70-75/sqft. This year, I talked with the builder a month ago and he talked me out of building. Said wait for a year or buy a 20 year old 14,000ft building he had coming up for $62/ft. Said it would be way cheaper even if I had to put $100k in it. NOW he says the guy with the 3 person company in the 14,000ft building, who WAS gonna hang it up, is gonna stay at it for a few more years. DAMN.
I've seen those steel building commercial where they can put up 10,000ft for $200k but what about property (200k), sewer, electric, gas, etc. I'm not a general contractor. I would have no idea what I'd be getting into. And I'd image a general contractor has to put 20% in their pocket ($200k?). So now I'm at a million again.
THEN here in Michigan seems like EVERYONE is growing pot. Just drove through an industrial neighborhood today and that's all I smell. Buildings in pot growing areas are 2-4X what they were prior. It's NUTS. So choke out legitimate small business to get people high? This is like a bad dream I can't wake up from. I don't want to eat dog food later on in life so I don't have time to get high. I'm at work today eating PB&J for lunch while checking in on Moparts Love to have you move your operations to North Dakota. Most of us here still have our head screwed on straight.
"We live in a time when intelligent people are being silenced so that stupid people won't be offended".
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Re: Anyone tried to build a commercial property lately?
[Re: 6PakBee]
#2914941
04/25/21 09:26 PM
04/25/21 09:26 PM
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Joined: Jan 2003
Posts: 3,920
Richmond, Indiana
19swinger70
master
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master
Joined: Jan 2003
Posts: 3,920
Richmond, Indiana
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My next door neighbor had pole building put up 6 weeks ago by an Amish crew. The building was erected and concrete poured in 4 days time. However, they are still waiting for the garage doors to come in - and there is no solid lead time apparently! He built the building to park his RV in there - and he just has open ends right now until the doors come in. Crazy times right now.
1970 340 swinger. sublime
1967 barracuda fastback BB
55 Plymouth Project
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Re: Anyone tried to build a commercial property lately?
[Re: Neil]
#2914956
04/25/21 09:59 PM
04/25/21 09:59 PM
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Joined: Jan 2003
Posts: 12,422
Warren, MI
71TA
I Live Here
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I Live Here
Joined: Jan 2003
Posts: 12,422
Warren, MI
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Empty buildings here get turned into breweries, and they are all over the place. Anything with a high enough ceiling to fit the tanks in is all they need. 25-35 crowd wastes a lot of money on craft beer, vaping, and tattoos. All my kids and their friends are in that age group. What a bunch of "scatter brains"  They spend every penny on new car leases (my 30yo son drives a nicer, more expensive truck than I've EVER owned. My daughter a Cadillac SUV), they rent (talk about THROWING MONEY AWAY), they all eat out MOST nights (stupid me, I cook for my wife and I most nights), Lululemon (SHEESH, don't get me started), oh and trips/vacations (cause they say they "deserve/earned it"), etc. I try to tell them to save a couple dollars. That the economy can actually get bad and they might be outta work or have their pay or hours cut. I honestly think they must be waiting for something on the order of the Tooth Fairy as a way to accumulate $. They honestly don't believe me when I tell them it takes time. You keep saving saving $100 a week. And then its $1000. Then it's $10,000. Then you put it down on crappy house so you aren't wasting money on rent. I remember telling this to a 25yo guy I worked with and he said he wanted an unrealistically expensive house as his FIRST house?!?!?! And now with legalized pot, legalized online gambling and Robinhood inspired day trading young people have 3 new ways to throw money away.
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Re: Anyone tried to build a commercial property lately?
[Re: 71TA]
#2914973
04/25/21 10:41 PM
04/25/21 10:41 PM
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Joined: Dec 2005
Posts: 9,719
Home
SRT6776
I hate internal combustion engines!
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I hate internal combustion engines!
Joined: Dec 2005
Posts: 9,719
Home
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Re: Anyone tried to build a commercial property lately?
[Re: 5thAve]
#2915221
04/26/21 02:06 PM
04/26/21 02:06 PM
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Joined: Jan 2005
Posts: 4,404
Michigan
MarkZ
Worthy
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Worthy
Joined: Jan 2005
Posts: 4,404
Michigan
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Dad is putting a house up in a couple of months. Nothing fancy, just a 1200 sqft ranch and a barn. Materials inside of a year have increased the cost $50k. He's having to put off retirement now for another two years.
1987 Fifth Avenue - 512/518/D60
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Re: Anyone tried to build a commercial property lately?
[Re: MarkZ]
#2915517
04/27/21 05:16 AM
04/27/21 05:16 AM
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Joined: Jan 2003
Posts: 1,376
NORTHERN CA
HUSTLESTUFF
pro stock
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pro stock
Joined: Jan 2003
Posts: 1,376
NORTHERN CA
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I just finished my dream home. 60 x 100 x 20h steel building w 1730 home,1270 showroom and 3000 garage. Just made it with lumber prices. I figured I bought at 335/1000. Total lumber was under $20K. Still waiting on stove ordered in November, estimate June now. Installing New Age vinyl floor in showroom when it comes in
Last edited by HUSTLESTUFF; 04/27/21 05:21 AM.
"Were in it to win it. Anything less will end up being..... A whole lot of fun doing!!" UNLAWFL
RIP UN
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