#14 Timothy White of J.L. Dunn on 36 Years as a Builder in Boston




Real Estate Addicts show

Summary: We’re excited to have Tim White of J.L. Dunn & Company join us to discus the unique challenges of Being a General Contractor in Boston and the evolution of the construction business. We covered a wide range to topics including: What’s the difference between a GC and CM? Are there any true GC’s left out there? Is the pendulum swinging back? Is it challenging to get multiple bids in a market where everyone is extremely busy? How has the skilled labor shortage affected Tim’s business in Boston? Do you feel that the quality of drawings has diminished over the years? What do you think accounts for that & how does it affect your jobs. Recommendations for a developer on hiring a contractor? What questions should they ask? What’s the difference between GMP and lump sum and are there situations where one is better than the other? Developers are sometimes lured by a low conceptual level budget and then come to find out pricing is much higher. What advice do you have for developers to avoid falling into such a trap?