"Help! My House Must Be Sinking!!"
6 days ago • 2 min readHey there! I took this last weekend to attend our local Parade of Homes event put on by the Harrisburg Metropolitan Home Builders Association. If you don't have an event like this in your area (or just don't know exactly how a bunch of houses would parade down the street), this is an event where Home Builders in the area present decorated homes for people to tour - showcasing their work and layouts. As someone who has built over 1,000 homes, I love to see the newest offerings. But I still...
READ POSTDoor Swing Naming Is Polarizing (Sort of)
about 2 months ago • 2 min readIt was one of those posts that I didn't expect too much of - but, boy, was I wrong! If you didn't know, I'm pretty active on LinkedIn - trying to post almost every weekday. So - on Friday - I decided to post something on the fun side. I chose one of those weird things that homebuilding nerds can debate until they're blue in the face. Here's essentially what I asked? What is the swing of this door? And how would you explain it to someone else? Comment Door swing - assuming the door is swinging...
READ POSTReading This Comes At Your "Expense"
7 months ago • 2 min readGood Tuesday morning to you! This email will wrap up my series on the basics of homebuilding financial terms that you need to know. Stick around until the end - as I have some exciting (but, admittedly, scary) news to share! If you've just joined my newsletter (thank you very much), the past few weeks, I've reviewed: Assets Liabilities Owners' Equity Revenue All of these things are primary headers on your financial reports (the Balance Sheet and the Profit/Loss Statement). The final financial...
READ POSTI'm Giving You Info. You're Liable To Read!
7 months ago • 1 min readHappy Tuesday to you Reader, As the subject line of this email implies, you have entered into an Agreement with me. I send you educational information about the homebuilding industry. As a result, you owe me your time to read it. In other words, you've agreed to a Liability on your part. You've agreed to give something in return for something else. Sounds kind of harsh, doesn't it?? (And I sure hope it doesn't scare you into hitting Unsubscribe - but - that's a risk I'm willing to take!) This...
READ POSTHomebuilding Assets Are Like Your Good Looks - You Want To See These!
7 months ago • 1 min readIn the first of my homebuilding accounting series (where I'm breaking down the 5 main accounting sections of your financial reports), I'm going to focus on Assets. Assets are anything that has value in your business. Primarily, it's anything that IS - or - COULD BE Cash if you needed it to be. Here are just a few things that could be Assets in your Homebuilding Company: Cash (kind of obvious, huh?) Positive Balances in your Checking Accounts Amounts Due TO You from others (also known as...
READ POST