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You Won’t Believe His Construction Business Profit Margins

Building a house is one of the most expensive purchases most people will make in their lives. But how much of that money goes to the construction business—and how can you get started in the home building business? We’ll answer those questions in this video. Vitaliy didn’t set out to start a house building business. When he was 18, he just needed a job, and started helping a friend with his construction projects to make ends meet. Once he realized he enjoyed the work (and there was good money to be made), he got licensed, took on new clients, and has been growing ever since. Today, his business, VP homes, designs and builds beautiful custom houses for customers across Northwest Indiana. Today, we’ll hear how VP Homes has turned building houses into a thriving construction business. We’ll find out how much it costs to get started, and how someone with no experience can learn how to build a house. Vitaliy will also share how he finds and lands customers who are ready to build a new custom home, and what his planning process is like when he embarks on a new contract. You have to build a lot of customer trust when you’re creating something at the price point of a custom home. We’ll get Vitaliy’s insights on creating a delightful customer experience. Got a question or a project you want Vitaliy to work on? Email him at [email protected]. Want more advice on how to start your own business? Visit our blog: https://www.upflip.com/learn/how-to-s... Or check out our other interviews with business owners in the construction and home industry: 19-Year-Old Starts a $125K/Year Construction Business ►    • 19 Year-Old Starts a $125K/Year Const...   Handyman Makes $1,000 Per Day (See How He’s Grown His Business) ►    • Handyman Makes $1,000 Per Day (See Ho...   Timestamps: 0:00 Intro 0:22 Becoming a Home Builder 1:35 How To Build Your First Home 2:42 From $80 To $1.2 Million In Revenue 3:47 Creating a Unique Style 4:38 The Most Challenging Obstacle 5:52 How To Save on Aesthetic Costs 7:00 The Key To Maximizing Your Profits 8:37 Incentives To Give Employees 10:01 Showcasing VP’s Second Project 10:44 The Key To Making Millions 11:59 How To Finance Your Builds 13:40 Tricks To High-Profit Margins 15:06 Here’s The Thing About Presales… 16:19 Crucial Tools 17:03 This Skill Makes or Breaks Your Business 18:00 Relationships That Help You 19:13 Hiring Your First Employee 20:27 From 3,500sq To A 5,000sq Home 21:04 Unique Features To Offer 23:53 Tips for Managing Leads 25:29 Look Out for These Hidden Expenses 26:45 Giving Exceptional Customer Experience 27:56 The Best and Worst Part 29:13 Blitz Time with VP! 31:49 Adjusting To Code Changes 33:09 The Key To Building Relationships 34:31 A Unique Type of Advertising 35:46 Planning an Exit Strategy 37:00 How To Avoid Unhappy Customers 38:24 When It’s Time To Stop Accepting Jobs 39:09 Advice To Your Younger Self 40:19 Don’t Make This Same Mistake 41:38 A Unique Feature About This House 42:52 The Key To Finding More Value 44:16 Best Business Book VP’s Ever Read #construction #constructionbusiness #buildingahouse