On-Demand Project Managers to Your Site! Perfect for Contractors and Home Flippers


Why is Residential Construction is Ripe for On-Demand Disruption?

With a record year for the on-demand industry in 2019, the big prediction for 2020 is that on-demand companies will expand to new industries.

This is happening now in residential construction. A common issue with residential construction is going over budget, not meeting deadlines and plainly losing (wasting) money primarily due to lack of communication.

Most contractors do not use project management software to keep their jobs in-line.

95% of all residential remodel projects end up in frustration. Homeowners go into a project excited about their contractor only to soon be in the dark about what is going on.

TRY Project Buddy Services Today!

Check out: The new on-demand startup “Project Buddy” http://www.projectbuddyservices.com is the 1st of its kind and planning to revolutionize the industry: Creating completely transparent transactions between homeowners and contractors. Simply put, Project Buddy helps organize projects.

Project Buddy
Project Buddy Founder, Robert L. Williams

“After years of consulting in the construction industry I found that almost every job had a point where the client thought they were being cheated, it was almost always due to a simple lack of communication. Construction remodel projects are very organic and change daily. I started Project Buddy to help both Contractor and client stay up-to-date on a weekly basis.”

Project Buddy, from PGN Design Group, works with a cloud-based construction software that all parties have access to with their smartphone, tablet or computer. Project Buddy finally makes it easy for homeowners to follow the progress of their construction project from anywhere and makes it easy for contractors to keep their clients updated on day-to-day progress of their projects. It works with 5 easy steps.

  1. Upload project information to Project Buddy cloud-based software.
  2. Take daily photos of the project.
  3. Create daily work logs.
  4. Contact all contractors, subs and architects for scheduling purposes.
  5. Create an “end-of-week” report for the project.
project-buddy-logo

So who’s doing the actual work? Numerous “Buddy’s” manage jobs in the areas that they live in. They can work as much or as little as they want. Think of it as the “Uber for Construction Projects“.

The service will operate on weekly contracts so that there is no big commitment from homeowners or Buddy’s. For contractors, there’s no need to hire and train full-time employees only to have the burden of their salaries on the books when it gets slow.

At the end of each week, clients have the ability to either “opt-in” if they like the service or “opt-out” and we’ll see you on the next one!

Project Buddy will have the ability to do one or all of their jobs. The company is poised to disrupt the residential construction industry by helping smaller companies with growth, and larger companies with quality control. The price is $497/week for most projects, cheaper than the cost of a laborer sweeping up the site!

Why Use Them?

  1. Lost Time = Lost Money
  2. Cloud-based Software = Transparency, 24/7 access from any device.
  3. Organize contractor = Get’s the Job Done on time and on-budget!
  4. Weekly contracts = No Big Commitment
  5. One low rate for any size project (single-family or multi-family)

Project Buddy has launched in Los Angeles and the San Francisco Bay area with expansion to other major cities in the U.S. later in the year.

Preferred Partners:

  • Contractors/Developers – Instead of carrying a payroll employee as a superintendent, we can replace that cost, and we have no problem with working for 1 week..
  • Real Estate Agents – You know all of the Wholesalers, Flippers and Homeowners doing remodels, refer our service and receive a $497 referral for each.
  • Architects – You work with homeowners and flippers too, with our service, you can monitor the project remotely and not get left out of the circle. Refer our service and receive a $497 referral for each.
  • Hard Money LendersCLOSE MORE LOANS. We can act as a 3rd party service provider that can be financed and used as a kind of “insurance policy” Lenders can require their borrowers to use Project Buddy, and they’ll always know what’s going on with the project! Two words – Accountability Partner. Protect their loans. Fewer foreclosures will increase bottom-line. No COST to the Lender – You can build it into the loan (its a cost of doing business)
  • Owner Builders – You want someone to babysit the work-site, and you don’t want the job?
  • We’ll help week-to-week until you don’t need us anymore! You can see all the progress on your smartphone or preferred device, and read the notes left by the Buddy. Perfect Communication!

Book us for one job, for one week and you will quickly see how easy and smooth your job/s will run.

Find out more about our services TODAY www.projectbuddyservices.com

Or Call Greg Direct – 323-632-3279

Nationwide Commercial Loans for Investors


Need Capital to Retrofit your Soft-Story Building in California?

We can help!

  • 2nd TDs on Commercial and Multi-family buildings in California
  • Rates start at 8.99% at 40% CLTV 
  • Up to 12.99% at 65% CLTV or for difficult area / condition
  • Min. 6 months interest on 3-year loan
  • Min. 12 months interest on 5-year loan
  • Loan amounts over $50k OK

Los Angeles, Pasandena, West Hollywood and Santa Monica City have mandated the retrofitting of multifamily soft-story buildings.

Top Markets

Los Angeles, San Francisco, San Jose, San Diego, Sacramento County

Standard Markets

Riverside, San Bernardino, Ventura, Orange, Bakersfield, Fresno County

Acquisitions or Refinances, Workouts, Recapitalization on stable and transitional assets

Highlights

  • National Lending
  • Freddie Mac Multifamily Small Balance Loans $1M to $7.5M – Cashout is available. Min – 5 residential units. 85%-90% occupancy required.
  • Top Markets: New York, Northern NJ, Long Island, Boston, Washington DC, Chicago, Los Angeles, Orange County, San Diego, San Francisco, San Jose, Denver, Miami/Ft. Lauderdale, Minneapolis, Portland and Seattle. 
  • Contiguous site properties no limit 5+ units
  • Scattered site properties no limit 5+ units
  • Flexible Terms 5,7,10 year options with 30 year, Hybrid or Fixed options.
  • Interest Only Options
  • Non-Recourse
  • Competitive Rates in the 4’s and 5’s
  • Conduit/CMBS loans from $1M to $75M
  • Bridge Loans from $1M to $75M
  • Preferred Equity/Mezzanine Financing from $2M to $50M  
  • National primary and secondary markets accepted.
  • Structured Equity/JV Financing from $3M to $20M
  • Emerging Development Fund (Pay pre-development and acquisition costs from $75k to $2.5M) 
  • Your pricing would depend on Pre-Payment structure, Loan LTV, Income Profile and Interest only period.
  • Providing Joint Venture preferred equity behind GSE mortgages. One stop shop for your commercial real estate asset types.
  • Pre-Development – To be used for: Acquisitions, legal costs, costs for third-party reports (eg. Environmental assessments and appraisals) design plans, tax credit applications, deposits and other pre-development costs.
  • Rental Housing, Commercial; Industrial and Mixed-use projects are acceptable.
  • Pre-Development ($100k-$750k) 80% of budget
  • Pre-Development & Acquisition ($1M-$2.5M) 30% of total budget
  • Flexible pre-pay. Can be 1st or 2nd position mortgage with personal guaranty. Full Recourse. 

Eligible property types:

  • Multifamily
  • Mixed-Use
  • Retail
  • Office
  • Industrial
  • Self-Storage
  • Independent Living
  • Medical Office
  • Student Housing
  • Mobile Home Parks
  • Hospitality in major and secondary markets

#FreddieMacSBL #CMBS #BridgeLoans #PreferredEquity #StructuredEquity #Mezzanine

Inquire Today!

Direct-to-Owner’s of Rented Bulk SFR’s & Multi-Family Portfolios Nationwide


Commericial Assets

Direct to Owner of these Assets:

  • 93 SFR’s Elkhart, Indiana -great market- elderly selling portfolio – $4M
  • 11 SFR’s in Decatur, GA- can be cherry-picked! Great to sell as they become vacant! $949k
  • 200 units apts -Holland, Ohio – $15M
  • 228 units apts. Jacksonville, FL
  • 50 SFR’s in South Carolina – can cherry pick, elderly selling portfolio
  • 50 SFR’s in Dallas TX – some homes were built in 2013, can cherry pick in large groups of 10+
  • 26 SFR’s – Yuba City, CA- can cherry pick, homes are about $250k each, $6.2M
  • 19 SFR’s Indianapolis, Indiana – $540K bulk sale
  • 533 Units Apts.- Atlanta, GA -owner financing available! -bulk sale
  • 7 SFR’s in Fort Pierce, FL
  • 3,000 units apts. in Jax, Pensacola, Atlanta-Both Stabilized & Value-Added Opportunities!
  • 61 units apts. Houston, TX- owner financing available! – can cherry pick, 3 properties! from $675K

I am told at the end of June, one of my sellers will be liquidating Multi-Family in Texas, Louisiana, Colorado & Oklahoma

If you are buying in a certain market, leave your info below with your criteria and desired market.

Serious Principals/Facilitators

Contact me

858-386-0949